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Microcap & Penny Stocks : BIOPOOL(BIPL)
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To: Bayclipper who wrote (387)5/20/1998 3:39:00 PM
From: Kevin C.   of 507
 
To All. This BayRho situation had me bothered. I E-mailed the company via their web site and got a prompt reply. I will post it here for general information, since I do not believe they will mind.

Dear Mr. xxxxxx

Thank you for your e-mail message of 5/19. I will try to explain the current situation regarding the BayRho product. The BayRho injectable product line (manufactured by Bayer Diagnostics) was shut down by the FDA in February of this year. Therefore, it is not available to anyone until production starts again in August or September pending FDA approval. The only other manufacturer of a like product is also our primary competitor for the product in the marketplace.

Please note that although the unexpected unavailability of this product has certainly affected the Company's revenues, management remains committed to growing the Company by aggressively pursuing the development of new products, acquisition of new technologies, and strategic joint ventures. With the support of concerned long-term shareholders like yourself who recognize the strength of Biopool's management team and their objectives, Biopool is sure to soon achieve a more competitive leadership position in the marketplace.

Again, thank you for your continued support.

Regards,
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