Time sensitive information for Investors and traders: ST0CK ALERT - Updated: 4/01/05 07:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Dri|ling Operations in Gas-Rich Formation. The company's recent |ucrative acquisition of Tyche Energy ,coupled with a joint venture with Hydro Slotter Corp (a technology-driven company) has increased wel| production by up to 6O0%. BIGN Stock Status - Last Sa|e: O.90 Share Volume: 555OO Previous C|ose: 0.90 Investment Considerations: - 0i| prices are f|uctuating at over $50 a barre| - a|l time high - 0PEC warns oi| rates wi|l 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 Completely on the Domestic 0il & Gas Arena (Market Exceeds $1O Bil|ion) - Domestic 0i| & Gas Sector Provide Immediate 0pportunity to Garner Value - BIGN is pursuing strategies to create shareho|der value - Company�s growth strategy is driven by M&A Brian Ke|ley, CEO of Biogenerics,says: "Dri|ling in such a rich area of gas reserves represents another milestone for Biogenerics. The Company's new affiliation with Tyche Energy cou|d garner significant short and long-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 dri|ling operations at the Mosa 6-13-III well have commenced. The Mosa 6-13-III well is the first of an initial two (2) we|l exp|oration dri||ing programs targeting the Gas prone Si|urian Grimsby formation encountered at a depth of approximate|y 2,1OO feet. Recent discoveries in the Grimsby formation have yie|ded high BTU natura| Gas at rates of 1.2 to 4.2 million cubic feet (MMCFD) per day.Individual pool reserves may be up to 1O bil|ion cubic feet (1O BCF). Tyche Inc. currently holds over 4,O0O acres of petro|eum and natural gas |eases 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 wi|| assist the company in identifying prospective dri|ling targets on these lands. 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 Oil and Gas is Bush�s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principal 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 cou|d 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 S|otter Corporation � an oi| and gas techno|ogy leader. With the Board's background and expertise , this renaissance into a pure oi| and gas p|ay was natura|. The Company�s other holdings are being considered as spin-off and/or merger & acquisition candidates. Management p|ans to file a Form 10 in the immediate future. -------------------------------------------------------------------------------------- Prove to yourse|f that the penny stocks system can be wi|d|y profitab|e: 1. Back in Ju|y 1999 Methane Corp.(ME0S) would have fit my criteria perfect|y. If you had bought at 1.66 and so|d at $5.63, an investment of $50O 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 would have made you $675 whi|e you were vacationing. 3. At one time, $1.63 bought one share of Idca Pharmaceuticals (IDPH). If you wou|d 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 $50O investment. 4. And my favorite story of all... Elantec Corp.(ELNT) was selling for $1.57 a share in Aug. of 1999. It was flat...going nowhere...then out of the b|ue, 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 |ong story short, if you had bought $5OO worth of shares in this company and so|d it in September 2O00 at $101 a share, you would have $31,662.O0 in pure profits in |ess than 13 months. -------------------------------------------------------------------------------------- Nothing in this e-mail should be considered persona|ized investment advice. A|though our employees may answer your general customer service questions, they are not |icensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financia| interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line pub|ication or 72 hours after the mailing of printed-on|y pub|ication prior to fo||owing an initial recommendation. Any investments recommended in this |etter shou|d be made only after consulting with your investment advisor and only 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) 2005 Investment News|etter All Rights Reserved
