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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (78761)	6/9/1999 5:30:00 PM
From: GERBER	Read Replies (1) \| Respond to of 119973

PKDV Biggest news for a OTC-BB stock that I seen Any comments because with only 15 M shares issued this stock can move to 20 4 with this deal Wednesday June 9, 9:32 am Eastern Time Company Press Release CHYANE YAN Enterprises Co., Ltd. Awards Billion Dollar Environmental Contract to Pan Kai Development 'USA', Inc. TAIPEI, Taiwan--(BUSINESS WIRE)--June 9, 1999--Chyane Yan Enterprises Co., Ltd. of Taiwan announces that it has awarded Pan Kai Development (USA), Inc. (OTC BB:PKDV - news) the exclusive contract for the manufacturing of the ''Air/Combustion Enhancer Kit'' (Pollution Prevention Devices), which are now mandated by law in Taiwan for use on every commercial and industrial diesel engine. Chyane Yan Enterprises Co., Ltd. owns the rights and the patent for the ''Air/Combustion Enhancer Kit'' after purchasing them from an American inventor. This device has been found to reduce emissions by up to 90% in the test diesel engines while increasing both power and fuel efficiency. After approval of the tests, the use of this ''Air/Combustion Enhancer Kit'' has been mandated by the Ministry of Environment of Taiwan, and will be subsidized by the state. Chyane Yan Enterprises Co., Ltd. received exclusive rights for the manufacturing and installation of these devices and will be paid by the Government of Taiwan the amount of NT$180,000 (Approx. $5,625 US Dollars) upon installation of each device. There are currently over 500,000 commercial and industrial diesel engines in use in Taiwan. A purchase order has been issued to Pan Kai Development (USA), Inc. (OTC BB:PKDV - news) for the manufacturing of 300,000 units over a three year period. Pan Kai Development (USA), Inc. (OTC BB:PKDV - news) will be paid NT$120,000 (Approx. $3,750 US Dollars) per unit, for a total of NT$36 Billion (Approx. $1.125 Billion US Dollars) for the entire purchase order. Contact: Chyane Yan Enterprises Co., Ltd. HU YI HUEY, Tel: 8862-2957-9474 or Pan Kai Development (USA), Inc. G.W. HOWELL, Tel: 702/220-9797 KDV will go much higher. $1+B deal today plus this from April putting a value of the stock at $12/sh PAN KAI DEVELOPMENT 'USA', INC. TRADES 4,218,750 SHARES AT $12.0 0 / share for Sky Tower Superstore Business Editors LOS ANGELES--(BUSINESS WIRE)--April 7, 1999--Pan Chiao Development Enterprises Co., Ltd. and its subsidiary, Sky Tower Superstore Co. Ltd., having evaluated the stock price of Pan Kai Development (USA), Inc. (OTCBB:PKDV), as a result of the acquisition of said Superstore, has concluded the fair value of Pan Kai Development (USA), Inc. stock is $12.00 US Dollars per share. Therefore 4,218,750 shares of Pan Kai Development (USA), Inc. stock will be traded as a tax-free exchange of stock for the Pan Chiao Development Enterprises Co., Ltd. subsidiary Sky Tower Superstore, which is valued at $50,625,000 US Dollars. All statements and comments in this news release are made pursuant to safe harbor provisions of the Securities and Exchange Commission Act of 1934. The above is subject to risks and uncertainties. any Comments ?? Gerber ------ Previous