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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: TallTrader who wrote (44582)	12/14/1999 11:52:00 AM
From: bigbuk	Read Replies (1) \| Respond to of 108040

MHUT still climbing nicely. finance.yahoo.com The finacing must be near now. LAKEWOOD, N.J.--(BUSINESS WIRE)--Oct. 7, 1999--The New Jersey Economic Development Authority (EDA) granted preliminary approval to Medi-Hut Co., Inc.'s (OTC BB:MHUT) request for $5.75 million in financial assistance for its Safety Syringe manufacturing facility to be located in Lakewood, NJ. Issuance of Bonds is subject to final agreement between the EDA, Medi-Hut and the underwriter. Then all we need is some huge contracts for the products. Medi-Hut private labels insulin syringes, condoms, alcohol preps, hot & cold packs, etc. The new facility will enable Medi-Hut to complete its overall plan for the manufacturing of its own patented brand of anti-stick safety syringe which has also passed the FDA 510k approval process. The new safety syringe will incorporate a transparent sleeve into which the needle will automatically retract after use. Unlike the passive anti-stick, syringes that are now in the marketplace, Medi-Hut's safety syringe can be activated using a one-hand technique. This will be the breakout if any substantial contracts are completed. I THink it is very near as the stock is getting bought up it seems. BB :))))))))))))