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Gold/Mining/Energy : Ecoprogress Canada Holdings Inc.

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To: John who wrote (28)1/12/1998 3:58:00 PM
From: Veteran98  Read Replies (1) of 48
 
News out today.

Looks like EPO hasn't rolled over and died quite just yet. News out today on some new orders and also some repeat orders. I talked to Mike Daniels the other day and it looks like something will happen fairly quickly in respect to a roll-back as the company is in need of funds and wants to get a financing done.
It hasn't been decided how stiff the roll-back will be, however a roll back up to a factor of 10 was approved at the annual meeting. In all likelihood whoever takes down the bulk of the financing will in all liklihood dictate the terms. Although it doesn't look that great for those who got in at higher levels EPO at .04 or .05 could prove to be a wise bottom fishing choice.

Harry

IGA and Johnston Drug to list Simplicities products
Ecoprogress Canada Holdings Inc EPO
Shares issued 14,599,242 Jan 9 close $0.05
Mon 12 Jan 98 News Release
Mr Mike Daniels reports
IGA stores in BC and Johnston Drug Wholesale have agreed to list the
Simplicities range of feminine hygiene products.
Further, Save on Foods and Overwaitea Food Stores in BC have placed a
second order for Simplicities, with delivery on January 13.
Additional presentations to drug and grocery chains will continue to be
made across Western Canada.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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