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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Anthony Zack who wrote (650)9/17/1997 10:59:00 PM
From: Juan Dominguez   of 1028
 
Hi Anthony, I have no idea about IPO dates for Ontro. All I know is that they have sent the required regulatory paperwork to the SEC for IPO go-ahead. They did this about 3 weeks ago. It takes the SEC about 4-6 weeks to approve the IPO or come back with comments, in which case Onro's attorneys would then have to answer to the SEC's comments and then wait another 2-3 weeks for a reply. This process sometimes drags on for a while but if the SEC has no comments then I think the ONTRO IPO will happen in November.

Pure Energy developments are very encouraging, The pilot plant is now up-and running and producing. Pure Energy's DOE certification process is in its final stages as public hearings were held last week. Actual certification date is being under lock-and-key though, understandably so.

Still holding an absurdly large amount of KNIC stock and patient.

Regards
Juan
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