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Biotech / Medical : BICO & VITK

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To: Terry D. who wrote (2194)11/21/1998 9:17:00 AM
From: Jim Andrews  Read Replies (3) of 2395
 
To All,

Nov. 19, 1998--Biocontrol Technology Inc. (OTC BB:BICO - news) announced today that the company has received a $10 million equity line of credit (LOC) arranged by the New York City-based May Davis Group investment banking firm.

What investment banking firm is in the business to lose money?
What investment group would throw $10 million at a company with no future?
Before tossing that kind of money around, someone in the May Davis Group would surely do some homework.

Long time long on BICO.......Jim
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