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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Brett Fleischman who wrote (20774)	5/22/1998 11:40:00 AM
From: Wayne Rumball	Read Replies (1) of 34592

MIDL- It is not a question of whether the stuff works or not, it does. Question is will EXXON try to buy the stuff or the patent. MIDL will make money either way when their plant begins production. In any case the warrents are still in the money There are 332 million gallons of gasoline sold daily in the U.S. Arcon will receive 5.4 cents per gallon cash rebate from the federal government on all ethanol gasoline blended and sold by Arcon containing DF-144. A prominent international refining consultant retained by Arcon has estimated the demand for DF-144 would be in excess of 70 plants to cover the northern and southern parts of California. Until now, ethanol-based gasoline has not been sold in the state. Each DF-144 plant at 100,000 gallons per day will produce $36 million per annum and net $7 million, and production commences in September 1998. - DF-144 is not ether-based and is therefore more environmentally ''friendly'' than additives such as MTBE or ETBE. A bill introduced by Senator Feinstein would require other states to drop MTBE from gasoline (see MTBE on the Internet) and replace it with ethanol.

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