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Microcap & Penny Stocks : DRGI (Diversified Resources Group)

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To: insight who wrote (766)9/14/1999 2:39:00 PM
From: Robert Rice  Read Replies (1) of 818
 
DD Report–Updated Real Estate and HIV Test sections and new Battery PR Today!

Why are we so excited and positive about DRGI? Because of the DRGI business plan –

The plan: Build an exciting mix of products and companies.
Why? To generate substantial revenues and profits for our company and our stockholders.
When? DRGI has the potential for major growth and profitability in the next 24 months. (Many think share price $1-$2+ in 6-12 months.)
How? With current domestic opportunities in factory-direct batteries, real estate development, and international distribution of saliva-based HIV testing.
And in the future? DRGI is evaluating acquiring companies with a history of profitability. As we enter a new century and new millennium, DRGI has the potential for major growth worldwide.

Diversified Resources Group, Inc. is growing at a record pace...
We are currently completing acquisitions in the exploding industries of medical science, cordless power, and land development.
We've carefully designed our diversity of acquisitions to generate substantial revenues and profits for our shareholders over the next five years. The acquisitions all have these very important traits in common — they are all protected by a worldwide patent, a patent pending, a copyright, a trademark, or a legally binding agreement AND they all have incredible earning potential.
We will continue to expand through acquisitions, and will focus on implementing sales programs that will move our unique and exclusive products into new markets.
From the company web page

All of the following information, including press releases, company and executive profiles and history, FAQ, and details of each area of business can be found at the DRGI home web site - diversified-resources.com

Batteries - DRGI announced that it has finalized an Agreement with D.H.A. Corp. to be the Company's first mobile distributor for the direct sale of replacement battery packs. Under the Performance Based Exclusive Agreement, D.H.A. Corp. will purchase replacement battery packs from Cordless Power Corporation, DRGI's wholly owned subsidiary, and deliver the packs on a daily/weekly basis directly to their retail outlets. Read the PR: biz.yahoo.com

Cordless Power Corporation celebrate the Grand Opening of Cordless Power Corporation's On-Line Battery Store. Read PR: biz.yahoo.com Buy your Cellular Telephone batteries factory direct and save $$$ (I did) - Priced from $11.99 to $24.99 - Visa and M/C gladly accepted! Coming soon: Batteries for cordless power tools and notebook computers. factorydirectbatteries.com

This in and of itself is huge, but there is MORE…

DRGI announced that its wholly owned subsidiary, Cordless Power Corporation, has finalized a Letter of Intent with PrePaid Cellular Solutions, Inc.

"Gross sales are projected to exceed $1,500,000 per month within the first 120 days of the project ramp-up," stated Mr. Chris Beck, President of Cordless Power Corporation.

Get the whole story at diversified-resources.com

Cordless Power Corporation, through its nationwide, exclusive agreement with E-Tech, Inc. USA, provides the most cost-efficient, highest quality, and longest-lasting power cells in the energy industry today.

The OMNICELL engineers invented and patented an impedance testing technology that automatically matches power cells to within 1% performance of each other. The result? Battery packs with 30% more life expectancy... Buy cell phone batteries on-line from DRGI. Compare quality, longevity, and price!

Real Estate - DRGI finalized an Agreement with Matheny Development, LLC of Cary, North Carolina. The Agreement allows the Company to acquire a 607.74 acre parcel of real estate known as the Falls River Real Estate Development project. It is located in one of the fastest growing markets in the United States, North Raleigh, Wake County, North Carolina. The equity in the property will provide the Company with one of the requirements for its proposed NASDAQ National Market Systems listing application. (Get all the stories at quicken.excite.com )

DRGI announced that that Westminster Homes, a division of Washington Homes, Inc. (NYSE: ''WHI'') has signed a Letter of Commitment to purchase 300 single family and multi-family building lots in DRGI's Falls River Development. The purchase, valued in excess of $15,000,000, will allow Westminster Homes to be a key builder within the project.

DRGI also finalized an Agreement with Ocean Golf Group for the sale of the Golf Course and Destination Hotel property tracts within the Company's Falls River Real Estate Development. The Agreement calls for Ocean Golf Group to construct an 18 Hole Championship Level Public Fee Golf Course, and a 200+ room Luxury Destination Hotel on the property. Under the Agreement, Ocean Golf Group will pay DRGI $2,000,000 for the property.

DRGI has formalized a Letter of Intent with Drucker & Falk, LLC, a major apartment management and development firm headquartered in Newport News, Virginia. The Letter of Intent calls for Drucker & Falk, LLC to purchase lots for the build-out of 800 apartment units within the Falls River Development.

Falls River is one of the most successful mixed-use/residential communities in the Research Triangle marketplace in North Raleigh, North Carolina. The site is currently zoned for 1,600 units and a commercial center which will include a 200+ room hotel along with a neighborhood shopping center and office complex. The Championship Golf Course will open a new market for apartments, townhomes, single family and retirement housing. Golf demand is very high in this area with no public courses within the ten-mile adjoining neighborhoods.

HIV Test - DRGI is in the final stages of acquiring Virotest, a patented HIV screening test. It is a low-cost HIV saliva-based screening test protected under United States Patent No. 5,149,623 and currently approved in Canada and Mexico. In addition, the Company has a contractual relationship with Quintiles, a multi-billion dollar bio-tech firm.

More information about this should be coming soon.

Pettycash (aka PC) is a poster on our DRGI board and also has a newsletter. To see all of PC's posts on RB, go to this link: ragingbull.com

To see the archives of his e-mail newsletter, you have to first become a subscriber (it's free) by going to: pettycash.listbot.com

Once you have subscribed, you can click on "View the List Archive". You will also automatically receive updates from him.
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