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Biotech / Medical : Biocontrol Inc.

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To: Richard L. Rethi who wrote (63)7/17/1996 8:46:00 PM
From: Richard L. Rethi   of 100
 
To All -- Indiana Evening Gazette - July 17 "Bicontrol subsidiary enter accord" "Biocontrol Technology Inc. accounced that it Barnacle Ban Corp. subsidiary has signed Pleasure Cove Marina of Pasadena, Md., to exclusively distribute its HOTBottom antifouling paint and other marine coating products in the Chesapeake Bay boating area. The agreement is for five years, and calls for initial purchases in the amount of $26,000." This may not sound related to their medical products; but BICO is in need of money and every bit helps. My biggest fear is that BICO will run out of funds before the diasensor goes to the FDA. Forget any possibility of a takeover. Toooo much debt!
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