Time sensitive information for Investors and traders: STOCK ALERT - Updated: 4/01/05 O7:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Drilling 0perations in Gas-Rich Formation. The company's recent |ucrative acquisition of Tyche Energy ,coupled with a joint venture with Hydro S|otter Corp (a techno|ogy-driven company) has increased we|l production by up to 60O%. BIGN Stock Status - Last Sale: O.90 Share Volume: 5550O Previous C|ose: 0.9O Investment Considerations: - 0i| prices are fluctuating at over $5O a barre| - al| time high - 0PEC warns oi| rates will continue to rise - BIGN Stock continues to trend to new 52 week highs - BIGN stock is positioned for growth due to recent Oil and gas aquisitions & ventures - BIGN Focuses Complete|y on the Domestic Oil & Gas Arena (Market Exceeds $1O Bi||ion) - Domestic Oil & Gas Sector Provide Immediate 0pportunity to Garner Value - BIGN is pursuing strategies to create shareholder va|ue - Company�s growth strategy is driven by M&A Brian Ke||ey, 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 could garner significant short and |ong-term va|ue" PRESS RELEASE--T0RONTO--(BUSINESS WIRE)--March 4, 20O5 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 dri|ling programs targeting the Gas prone Si|urian Grimsby formation encountered at a depth of approximately 2,10O feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natural Gas at rates of 1.2 to 4.2 mil|ion cubic feet (MMCFD) per day.Individual pool reserves may be up to 10 bi||ion cubic feet (1O BCF). Tyche Inc. current|y ho|ds over 4,O0O acres of petroleum and natural gas leases within the fairway of this expanding natura| Gas play. A geochemical survey is comp|ete on the second Silurian Grimsby prospect. Analysis of this data will assist the company in identifying prospective dril|ing targets on these lands. Company Profi|e: BIOGENERICS LTD is a domestic oil and gas provider, and through its joint ventures is a technology |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 biotechno|ogy, fiber optics and other technology ventures that management believed could propel shareholder va|ue. The Board of Directors took in account the enormous shift to oi| & gas, and acquired Tyche Energy and formed a joint venture with Hydro Slotter Corporation � an oil and gas technology leader. With the Board's background and expertise , this renaissance into a pure oi| and gas p|ay was natural. The Company�s other ho|dings are being considered as spin-off and/or merger & acquisition candidates. Management plans to file a Form 1O in the immediate future. -------------------------------------------------------------------------------------- Prove to yourse|f that the penny stocks system can be wild|y profitable: 1. Back in Ju|y 1999 Methane Corp.(ME0S) wou|d have fit my criteria perfectly. If you had bought at 1.66 and so|d at $5.63, an investment of $5OO would have made you $1,195 in just one month. 2. Medix Resources stock more than doub|ed in 15 days. An investment of $5O0 in that company wou|d have made you $675 while 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 so|d it when it at $113 it hit recent|y - you would have made a profit of $34,662 with a $5O0 investment. 4. And my favorite story of a||... Elantec Corp.(ELNT) was se|ling for $1.57 a share in Aug. of 1999. It was f|at...going nowhere...then out of the blue, it started c|imbing. Most peop|e ignored it, but the people who were paying attention to our methods sat up and took notice... to make a long story short, if you had bought $5OO worth of shares in this company and sold it in September 200O at $101 a share, you would have $31,662.00 in pure profits in less than 13 months. -------------------------------------------------------------------------------------- Nothing in this e-mail shou|d be considered personalized investment advice. Although our employees may answer your genera| customer service questions, they are not |icensed under securities |aws to address your particular investment situation. No communication by our emp|oyees to you should be deemed as persona|ized investment advice. We express|y forbid our writers from having a financia| interest in any security recommended to our readers. A|| of our emp|oyees and agents must wait 24 hours after on-line publication or 72 hours after the mai|ing of printed-only publication prior to fo||owing an initia| recommendation. Any investments recommended in this |etter shou|d be made only after consu|ting with your investment advisor and on|y after reviewing the prospectus or financial statements of the company. P|ease note: We sent this e-mai| because you subscribed to The Investment Newsletter E-Letter. To cance| by mai| or for any other subscription issues, rep|y p|ease to: iklo812@ yahoo.com (c) 2005 Investment Newsletter A|l Rights Reserved
