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Biogenerics Subsidiary Tyche Energy Inc. Targets Prolific Well In Southwest Ontario
TYLER, Texas, Feb. 2, 2007 (PRIME NEWSWIRE) -- Biogenerics Limited (Pink Sheets:BIGN) subsidiary Tyche Energy Inc. reports that the N2 vision seismic interpretation evaluation report has targeted a well that the Company expects will produce up to 5,000 mcf/gas per day. The well is located on Tyche Energy's Dunwich County Acreage in Southwest Ontario. Recent discoveries from the Grimsby formation nearby have resulted in proven gas reserves of up to 2.0 BCF per well.
Tyche Energy remains steadfast on its path to exploit demand for oil and gas on the North American continent. The Company expects to begin drilling of the targeted well located in Elgin County, Ontario in early February.
Website: http:/www.bignltd.com
About Biogenerics Limited
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy Inc. and Hydroslotter Corp.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
CONTACT: Biogenerics Limited James Lancaster, CEO Corporate Inquiries (903) 561-2446 Investor Relations www.bignltd.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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This is a neat play, for about half a bag. Still got the opportunity to get in fairly low. Not bad. I swung for 50% a few months ago from this. Might replicate that performance IMO. GLTA, we should get good volume here today.
Posts: 147 | From: NY | Registered: Aug 2006
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This might be "The Last Call" before we go up here...
We are at a MAJOR bottom IMO.
Accumulation is WAY UP and STILL going up, volume is great, Money Flow is increasing and even the Stochastic is right at the positive cross point and in the oversold (BUY) section of the indicator.
If there is an "art" to buying a penny stock, it's buying it when it's "beat up."
I like indicators because it tells the "real" story... Like the Accumulation indicator, -which tells us if the brokerage houses are buying more and more of this stock for their clients...
And here, even in the selloff's people according to this indicator just keep buying! lol ~ Hey simple math... Price has to go up!
TYLER, Texas, Feb. 7, 2007 (PRIME NEWSWIRE) Biogenerics Subsidiary Tyche Energy Acquires Rights to Hydroslotter Technology
Hydroslotter Corporation's proprietary technology deemed ``hydroslotting'' increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%.
BIGN is into alot of things it seems to me, been reading up on their PR's. Nice cause they don't just PR "fluff."
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this is horrible, going down on news and with a chart that is ready to pop anyday. screw them MMs
Posts: 209 | From: New Orleans | Registered: Feb 2006
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Look back at other penny's that popped and you'll see "they" run them down just before take off. But you CAN'T buy in that low when they do this because the ASK is always way high, like it is now... Staying at .011
Sometimes they can trigger a selloff, but with the accumalation so freaking high on this one I don't see that happening... Not for any length of time.
quote:Originally posted by Chart walker: Not that big of a deal mathis... IMO ~
Look back at other penny's that popped and you'll see "they" run them down just before take off. But you CAN'T buy in that low when they do this because the ASK is always way high, like it is now... Staying at .011
Sometimes they can trigger a selloff, but with the accumalation so freaking high on this one I don't see that happening... Not for any length of time.
Im not worried, just aggravated on how they like to scare people out of shares. Well, that is how they make money. Chart still in great shape. Just a matter of time - imo
Posts: 209 | From: New Orleans | Registered: Feb 2006
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This is going to be a good stock for me to learn patience! I see so many other things going on around me that I have basically been waiting on to happen, but I am holding fast and looking for good things from BIGN.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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I learned the HARD way about "jumping around"
Now, I buy in when the time is right and wait. I try to get as close to the "pop" as I can.
Chasing sucks... I see most traders doing it and yelling about ones they caught, yet how many did they NOT come out on?...
Very little stress this way, that's what I like the most about buying in at the right time. You can rest your back against what the market has found to be the bottom
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I think most everyone learns sooner or later, or they should. You will come out MUCH farther ahead to even just play the swings in volatility and pocket some profit instead of playing those news runs that you simply can't predict. Sure, a lot of people get lucky, but as you so eloquently put it - you miss almost as many.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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Probably why only a few truly play the pennies for a long period of time...
After losing money and learning that you really can't SAFELY invest in the pennies (read: CSHD), I finally have a system concocted - just waiting for the funds to follow through the transfer process.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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