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Biotech / Medical : Biotech Holdings

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To: dave anderson who wrote (32)3/4/1997 1:19:00 PM
From: Robin Peterson   of 224
 
Hi Dave,

I have the December financials. They show contracts for sales of $4m in China, which is the $690,000 announced last year plus two contracts signed ( to their surprise) over the Chinese New Year. The big marketing push starts in April. I know this because Dr. Ping, who is in charge in China, has returned to Vancouver.

There should be a separate announcement of the new contracts.

At this rate, assuming of course they get their money out of the country, who needs Merck? Just kidding. This story will only have credibility in the investing public's eyes when an agreement is signed with a major.

Unless the company is putting out outright lies, this story is advancing little by little, and in my case, a few more months won't make any difference, if it pans out.

Hang in there everybody. Let's all make money together, or buy that dream piece of beachfront property in Arizona together.

Robin
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