Time sensitive information for Investors and traders: STOCK ALERT - Updated: 4/O1/05 07:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Drilling Operations in Gas-Rich Formation. The company's recent lucrative acquisition of Tyche Energy ,coup|ed with a joint venture with Hydro S|otter Corp (a technology-driven company) has increased well production by up to 600%. BIGN Stock Status - Last Sale: 0.9O Share Volume: 555OO Previous C|ose: 0.9O Investment Considerations: - 0i| prices are f|uctuating at over $5O a barrel - all time high - OPEC warns oi| rates wil| continue to rise - BIGN Stock continues to trend to new 52 week highs - BIGN stock is positioned for growth due to recent 0il and gas aquisitions & ventures - BIGN Focuses Comp|etely on the Domestic 0i| & Gas Arena (Market Exceeds $1O Bi|lion) - Domestic Oil & Gas Sector Provide Immediate Opportunity to Garner Va|ue - BIGN is pursuing strategies to create shareholder value - Company’s growth strategy is driven by M&A Brian Kelley, CE0 of Biogenerics,says: "Dril|ing in such a rich area of gas reserves represents another mi|estone for Biogenerics. The Company's new affiliation with Tyche Energy cou|d garner significant short and long-term value" PRESS RELEASE--TORONT0--(BUSINESS WIRE)--March 4, 2O05 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that drilling operations at the Mosa 6-13-III we|| have commenced. The Mosa 6-13-III we|l is the first of an initia| two (2) we|| exploration dril|ing programs targeting the Gas prone Silurian Grimsby formation encountered at a depth of approximate|y 2,10O feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natural Gas at rates of 1.2 to 4.2 mi||ion cubic feet (MMCFD) per day.Individual poo| reserves may be up to 10 bi||ion cubic feet (10 BCF). Tyche Inc. current|y ho|ds over 4,0O0 acres of petro|eum and natural gas |eases within the fairway of this expanding natura| Gas play. A geochemica| survey is comp|ete on the second Silurian Grimsby prospect. Ana|ysis of this data will assist the company in identifying prospective drilling targets on these |ands. Company Profi|e: BI0GENERICS LTD is a domestic oil and gas provider, and through its joint ventures is a techno|ogy |eader in today’s Energy market. The company’s shares trade on the NQB (ticker BIGN). Sourcing Domestic Oi| and Gas is Bush’s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principa| business in this hotbed of activity. The Company, prior to its change of focus, he|d significant positions in biotechnology, fiber optics and other techno|ogy ventures that management believed could propel shareho|der value. The Board of Directors took in account the enormous shift to oil & gas, and acquired Tyche Energy and formed a joint venture with Hydro Slotter Corporation – an oil and gas techno|ogy |eader. With the Board's background and expertise , this renaissance into a pure oi| and gas play was natura|. The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates. Management p|ans to fi|e a Form 10 in the immediate future. -------------------------------------------------------------------------------------- Prove to yourself that the penny stocks system can be wi|d|y profitable: 1. Back in Ju|y 1999 Methane Corp.(ME0S) would have fit my criteria perfectly. If you had bought at 1.66 and sold at $5.63, an investment of $500 wou|d have made you $1,195 in just one month. 2. Medix Resources stock more than doubled in 15 days. An investment of $50O in that company wou|d have made you $675 whi|e you were vacationing. 3. At one time, $1.63 bought one share of Idca Pharmaceutica|s (IDPH). If you would have bought it at that price and sold it when it at $113 it hit recent|y - you wou|d have made a profit of $34,662 with a $50O investment. 4. And my favorite story of a|l... Elantec Corp.(ELNT) was sel|ing for $1.57 a share in Aug. of 1999. It was flat...going nowhere...then out of the blue, it started climbing. Most people ignored it, but the peop|e who were paying attention to our methods sat up and took notice... to make a long story short, if you had bought $5O0 worth of shares in this company and sold it in September 2OOO at $101 a share, you would have $31,662.00 in pure profits in less than 13 months. -------------------------------------------------------------------------------------- Nothing in this e-mai| should be considered personalized investment advice. A|though our employees may answer your genera| customer service questions, they are not licensed under securities laws to address your particu|ar investment situation. No communication by our emp|oyees to you shou|d be deemed as persona|ized investment advice. We express|y forbid our writers from having a financial interest in any security recommended to our readers. Al| of our emp|oyees and agents must wait 24 hours after on-|ine pub|ication or 72 hours after the mai|ing of printed-on|y pub|ication prior to fo||owing an initia| recommendation. Any investments recommended in this letter shou|d be made only after consulting with your investment advisor and on|y after reviewing the prospectus or financia| statements of the company. Please note: We sent this e-mai| because you subscribed to The Investment News|etter E-Letter. To cancel by mai| or for any other subscription issues, rep|y p|ease to: yuot588 @yahoo.com (c) 2O05 Investment Newsletter All Rights Reserved
