Intl. Absorbents (IABS, formerly IABSF) Message Board

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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF)

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To: arizona_ice_tea who wrote (62)	4/21/1997 12:52:00 PM
From: Andrew	of 206

My first reaction to this press release was that it was a CROCK!! What is IABSF doing in a Fiji timber deal? Fiji is a million miles away!!! The co. is supposed to handle wastes from pulp processing, not get involved with virgin timber cutting schemes in a country that is closer to NZ than the US mainland. Seems like a criminal waste of resources - maybe an excuse to go to visit Malcolm Forbes' island! I have been to Fiji - was there three and a half years as a matter of fact. They have a population around 1 million and hardwood forests that should be PRESERVED, not cut! I am going to call the company to verify this is a legitimate press release, rather than someone's idea of a sick joke. You should be able to buy the entire ECONOMY of Fiji for 14 million shares. I have a call in to investor relations to get to the bottom of this. Perhaps they are going to develop a plant there to create products for the Australian market? Seems a bit far fetched.

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