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To: marks who wrote (1539)1/27/1998 4:05:00 PM
From: Frank Buck  Read Replies (1) of 1770
 
Regards,

I am interested in knowing if anyone has ever encountered any company(s) that are engaged in bio-remediation? A friend told me that
a company by the name of Global Venture Funding OTC-BB (BUGS) has developed from an existing shell and has purchased a proprietary, patented microbial company that uses micro-bacteria (bugs) to clean environmentally contaminated ground, etc. They are a fully reporting company and have had several press releases in the past month or three.

Their website;

gvfcellular.com

said they were employed to clean up the aftermath of the Gulf Crisis war. They are confident of achieving Nasdaq small cap eligibility requirements this year. A very small float, 300K and only a few million (< 2) outstanding. I have recently bought shares and have been told that the present management is actively engaged in attempting to bring this company and their BioRaptor process of clean-up to the attention of industrial waste producing/conscientous Fortune 500 companies. The potential market is mentioned at over a $ Billion dollars.

Sounds like it has a lot of potential. Some of the management have over 25-30 years in this field. With all the oil spills and such it seems interesting. The website "projected" revenues are really interesting. Worth the read. Great website for a small company. Any
knowledge of any other players in this area would be appreciated.

Frank

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