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Biotech / Medical : Biotech Holdings

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To: Robin Peterson who wrote (34)	3/10/1997 7:59:00 PM
From: dodger2	of 224

Hi Robin, Talked with Austin Rand today at BIO. Seems a new package is being created to send to brokers, possible investors, etc. It is supposed to have more info in it about Diab II and the clinical trials in China. The 20F requirements will be completed in 2 weeks, and hopefully an OTC listing will soon follow. I have finally received the quarterlies dated Dec.31. Does anyone know what the deal is with these contacts that BIO has signed? Are they with Volque in China? From a consolidated viewpoint, are these really contracts?? I haven't covered that topic yet in advanced financial accounting, but I would doubt that they are if they were signed with a sub. Lets keep in touch and keep each other informed. Still long on BIO, Darrin

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