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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC -- Ignore unavailable to you. Want to Upgrade?


To: Englishbob who wrote (1069)6/30/1999 10:09:00 PM
From: Marcman  Respond to of 1126
 
If a stock moved from $7 to $9 in two days, we'd all think the stock was really going somewhere. Well, moving from .07 to .09 in two days is exactly the same thing if you have enough quantity. For those who are able to flip on a 30% gain in two days, this stock is a VERY good deal. Those of us with a little less quantity will wait til the gain is a little more substantial.

GLTUA,
Marcman



To: Englishbob who wrote (1069)7/23/1999 12:04:00 PM
From: Englishbob  Read Replies (1) | Respond to of 1126
 


News Release
Regards,
EB

Medical Resorts Intends to Declare A Dividend To Shareholders
July 23, 1999 10:19 AM EDT

EDMONTON, July 23 /CNW/ - Medical Resorts International Inc. is pleased to announce that it intends to declare a dividend to the Medical Resorts International Inc. Shareholders.

The dividend will be in the form of distribution of 3,000,000 common shares of International Biotech Corporation on a prorata basis to the Medical Resorts International Inc. shareholders. International Biotech Corporation is currently a wholly owned subsidiary of Medical Resorts International Inc. and the proposed distribution represents approximately 36% of the issued shares of International Biotech Corporation.

Declaration of the dividend and distribution of the shares in International Biotech Corporation is subject to International Biotech Corporation becoming a reporting issuer through the filing of a prospectus. Although the company does not anticipate any difficulties, there is no guarantee that this will happen. A record date will be set upon International Biotech Corporation becoming a reporting issuer.

The issued and outstanding shares in the Company are 32,928,592.