To: koan who wrote (17162 ) 12/17/1999 5:33:00 PM From: russet Respond to of 36688
BTX.V,...was halted today and could be a good heads up next week. http://www.botexcorp.com/s/FrontPage.asp The company has a patent on an extremely versatile rubber like plastic that can be manufactured in various hardnesses and colors that can be bonded together. It is getting a lot of interest from shoe manufacturers, and other companies that use pliable rubber and plastic. The material is much cheaper to mould than existing products, and its properties allow it to replace many traditional rubber and plastic products. A lot of companies around the world are taking a look at it now, and it is using it's money to expand its existing manufacturing and research facilities. It just did a private placement with Canacrap, institutions have been buying (Salman), and they may get substantial government funding for research and development in the near future. The company is currently undiscovered and unloved by investors, but many manufacturers of rubber products, like the running shoe industry are sitting up and taking notice. New contracts with manufacturers are just starting the inflate the bottom line now. The stuff below comes from the website: Botex's range of applications and uses include children's toys, footwear, outsoles, insoles, sporting goods, marine products, automotive products, household products, medical products, and industrial products such as gaskets, seals, and fittings. Today, Botex is poised for growth. A recent facility expansion has greatly increased the Company's production capacity. Plans for marketing and licensing of both the product and the process are in place. The Company's primary goal is to achieve high volume production in order to penetrate the athletic shoe, sporting goods, and industrial products markets. Accelerated market penetration will be achieved through licensing agreements to allow customers to install and utilize the Company's custom-designed manufacturing methods PHPI