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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: thescot who wrote (6697)	7/13/1999 11:53:00 AM
From: Ga Bard	Read Replies (2) \| Respond to of 9440

Thanks david ... now I a couple for you ... PCIE has been shorted to the floor and Just finished the DD on BKNX. Both are on the floor.> BKNX ... Jeff discovered it the other day also. Here is there last news release. This one has an unfair advantage. Biokronix Inc. update VANCOUVER, March 29 /CNW-PRN/ - Biokronix Inc. is a North American environmental products company providing an innovative solution to a major global ecological problem. The Company holds the rights to produce and market a remarkable environmentally friendly, oil-absorbing material known as Zorbolite(TM) in the EU Countries. This unique and innovative material can recover and resell 100% of the absorbed pollutant. Biokronix has commenced its sales activities in Europe and has been in contact with major potential customers in the Netherlands, Belgium, Germany and France. We are aggressively marketing and promoting Zorbolite(TM) products. Among others in Holland, we have shipped substantial orders to Schiphol, Amsterdam airport (one of the largest airports in Europe) as well as several environmental clean-up companies and fire departments. In Belgium, we have started to forward goods to a ship-building company. In Germany, we are preparing large shipments to the most important harbors in the country. We have also shipped products to Schlumberger Sedco Forez in Paris, one of the wholly-owned subsidiary of Schlumberger (SLG, NYSE), one of the world's leading oil service companies. They are testing our products on their oil rigs in the North Sea. Their comments after the initial testing were very promising and we anticipate substantial orders from Schlumberger in the very near future. The Dutch government institution responsible for all the waterways in the Netherlands' including all major harbors, has already successfully tested our product and is in negotiation concerning the terms of the orders with our management team in Europe. The manufacturing facility in Groningen, the Netherlands, is expected to begin its first production in late Spring 1999. The equipment has been installed and final testing will be completed after civic authorities have completed the overall inspection of the plant. In preparation for the production, our Dutch staff successfully underwent a two-week intensive training course in the manufacturing process of Zorbolite(TM) products in Canada. To fill tests orders resulting from pre-production marketing efforts, the Company has ordered Zorbolite(TM) products for shipment from the Canadian licensor to Europe. The gross sales from these containers amount to approximately $150,000 US. The company anticipates substantial increases in gross profit margins as soon as the production plant is up and running. We can fill orders directly from our Dutch facility and soon, we can meet the ongoing demand of our customers in a more efficient manner. The Board of Directors of Biokronix Inc. is pleased to announce the appointment of Thomas Hepp as Chief Executive Officer. Mr. Hepp has been a director for Biokronix Inc. since June 1998. Mr. Hepp has a degree in economics in Germany, and has held several administrative and technical positions, relating to environmental issues. He was trained in mechanical and technical engineering, and he held a long-term contract with Deutsche Shell (AG), restructuring their gas station operations by diversification of the product range. As part of the restructuring, he also trained the management of the gas stations and improved the awareness of various environmental safety issues. Mr. Hepp replaces Lars Saethre as CEO. Biokronix Inc. also announces the resignation of Chris Carpentieri as a director. Biokronix is a US public company whose shares are quoted on the NASDAQ OTC Bulletin board under the symbol ''BKNX''. The OTC-BB has neither approved nor disapproved the information contained herein. SOURCE: Biokronix Inc. -0- 03/29/1999 /CONTACT: Kay Jessel (604) 331 7093, fax (604) 331-7094/ Now a more recent update is Mr. Hepp is overseas and the product is being tested by firefighters, the coast guard, rigs in the north seas, and even airports. The response is very good. Mr Hepp is suppose to be returning very shortly. Good news could be forth coming. ANyway the OS is 23M and the float is 15M but it sure does not trade like a 15M float I grant you. Am I in it yes and I bought it for the action when I saw accumulation coming into it. However, I decided to do the DD and this is what I fought. Hey if this product is what they claim we have a real sleeper here. But make the call for yourself about zorbolite. :-) GB