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Microcap & Penny Stocks : 21st Century Technologies (TEXN)

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To: Spirochete who started this subject10/2/2000 2:48:52 PM
From: Cory  Read Replies (1) of 3312
 
TEXN News:

October 02, 2000 08:07

21ST CENTURY TECHNOLOGIES INC rpts change in assets.
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Excerpted from 8-K filed on 10/02 by 21ST CENTURY TECHNOLOGIES INC:
21ST CENTURY TECHNOLOGIES INC rpts change in assets.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
(a) ACQUISITION OF BIKE DOCTOR
The Company has entered in an "Asset Purchase Agreement" dated September
26, 2000 with Bike Doctor in the amount of $150,000.00. The assets purchased
consist of Bike Doctor a manufacturer of tire sealant since September 26,
2000; all of the patents and trademarks; all inventory consisting of tire
sealant.
The purchase price will be financed by the Company.
(b) CONTINUATION OF BUSINESS
The Company intends on continuing to manufacture and sell the Bike Doctor
tire sealant through our current distribution channels.
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