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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: Jim B who wrote (2395)5/21/1998 11:31:00 AM
From: Brent Gilbertson  Read Replies (1) of 4783
 
Look at phbt they have a cure for herpes
just announced at 9.6 mil bond

[ Business | US Market | Industry | IPO | S&P | International | PRNews | BizWire | Finance Home ]

Thursday May 21, 9:06 am Eastern Time

Company Press Release

Pure H20 Bio-Technologies Announces Inducement
Resolution For $9,850,000 of Industrial Revenue Bonds

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--May 21, 1998--Pure H20 Bio-Technologies,
Inc. (OTC BB:PHBT - news) announced that at the televised Tuesday May 19, 1998 meeting of the
Palm Beach County Board Of County Commissioners, the Board held a public hearing required by
federal tax law and adopted an inducement resolution for the issuance of $9,850,000 of Industrial
Revenue Bonds on behalf of Pure H20 Bio-Technologies, Inc. to finance a manufacturing facility in
Palm Beach County Florida.

After the approval of the bond issue Joseph P. Doxey, president of Pure H20 Bio-Technologies
stated ''This will provide the company with a state of the art production facility to manufacture our
complete line of biotech products designed to prevent and eliminate various types of microbiological
infection. A facility of this nature and size is essential due to the overwhelming interest in the
company's products. We are looking forward to exciting times ahead.''

Contact:

Pure H20 Bio-Technologies
Eric Jones
561/737-8141
561/737-5670

More Quotes and News:
Pure H2O Bio-Technologies Inc (OTC BB:PHBT - news)
Related News Categories: biotech

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