These are the reasons i bought HICS yesterday at $1.125.Let me know what you think Jimi. Hydrogiene Corp. Is Proud To Announce That The Medigiene Project Has Arrived AtCompletion With All Projected Goals Successfully Achieved Tue Apr 25 15:41:00 EDT 2000
SAN DIEGO, Apr 25, 2000 (BW HealthWire) -- Charles Kallmann, President and CEO reported today the following developments have taken place. First he stated the Medigiene Project has arrived at completion with all projected goals successfully achieved by its Research Biochemists. Kallmann further reported, "Medigiene will be given to an Independent Test Laboratory, Friday, April 28 to commence test routines meant to independently validate Medigiene claims to kill a wide multitude of microbiologicals covering the broad spectrum of germs, bacteria, viruses, fungi and molds keeping them killed over extended periods of time particular to each class of substrate such as polymers, glass, wood, china, various metallic types etc. et al."
Kallmann added patent application protection both for process and type will start immediately upon formula supporting documentation and actual Medigiene liquids in hand Friday.
Arnold & Porter, Hydrogiene's Washington Attorneys will immediately start spearheading efforts meant to quickly process and apply for EPA & FDA registration. Kallmann said, "Hydrogiene further will sign a contract with one of America's foremost Government Regulatory Consultants to assist in compliance and regulatory activities."
Kallmann also added it will start May 1 to sell its one million pounds of 100% choice Kona Coffee which is the highest quality coffee produced in Kona, Hawaii. Revenue to Hydrogiene's NB&D subsidiary are expected to be in the range of two and a half million dollars.
Sales will also start May 1 of the fifty-two million gallons of milk NB&D has under exclusive distribution rights to sell. Hydrogiene anticipates annual revenues in excess of twelve million dollars as result of this activity. NB&D will shortly announce other nationally widely recognized products it will be taking exclusive distribution sales rights to sell nationally and internationally.
Kallmann stated it has entered into active negotiations outside the U.S. in the Pacific Rim to sell its Minute Maid products in two countries on an exclusive basis. More details will be released as these negotiations proceed.
In conclusion, Kallmann said, its Hydrogiene Theraclenze System will be exposed for the first time at the May 8 Medtrade Show in Las Vegas. Volume production is on schedule for deliveries in volume by May 15.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward looking statements that are made pursuant to the Safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future results in future periods to differ from forecasted results.
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