Biosafe International, Inc [BSFE] Message Board

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Microcap & Penny Stocks : Biosafe International, Inc [BSFE]

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To: DCBEN who wrote (18)	8/15/1996 2:31:00 PM
From: Audun Narvestad	of 280

Allan, I've just had a brief glance at it. Still there is some major points. They've got the permit in Fairhaven they have been wanting. They also must be pretty sure to get the Vermont permit since they mention it in the 10Q. They will get over 0,5 mill USD in royalties in the 3rd quarter. Also, They need additional financing, probably by issuing new shares. I talked to the Company yesterday. And they're very confident that they will get the Vermont permit. This will put the Company in black. This will be very important for them in the current negotiating of a new financing package expected to be closed in mid October. All in all, it seems like the Company is on track. I think the stock is a speculative buy on these levelse. Talk to you later. Audun

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