HIPC - up 20% (Record 4th quarter projected) Message Board

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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected)

HIPC 1.120

+2.8%

Jun 5 5:00 PM EST

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To: The Duke of URL© who wrote (47)	7/25/1997 6:05:00 PM
From: Stan Pruss	of 213

biz.yahoo.com The press release on Business Wire today notes Senate continuing tax credits, but at reduced level, Clinton pushing for retaining full credit. It also report sale of industrial grade! WICHITA, Kan., July 25 (Reuter) - High Plains Corp said Friday the quality of its industrial grade ethanol product, manufactured at their York, Nebraska facility, has been improved enough to begin producing at the full productive capacity rate of that distillation equipment, which is about 30,000 gallons per day. The company has contracts for and has begun shipping to fill initial orders for this product totaling more than one million gallons to several customers, at prices that are significantly higher than fuel grade prices, the ethanol producer said. ``The company expects to benefit from even lower corn prices in the future as a result of the large corn harvest that is anticipated,'' Dan Skolness, High Plains chairman said. ``The company is currently purchasing milo at the company's plants for $2.31 per bushel and has contracted for milo as low as $2.14 during the fourth calendar quarter.''

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