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Gold/Mining/Energy : Autumn Industries Incorporated (ATU-V) -- Ignore unavailable to you. Want to Upgrade?

To: thewiz who wrote (393)	7/14/2000 1:46:16 PM
From: ANGLER	Read Replies (1) \| Respond to of 428

Here's the latest newsrelease from our wanna be executives. Just a few questions? What is the record earnings? (usually the companies with real earnings do state it in dollars and cents) Why is the stock price so illiquid, if the company has record profits? I will leave it at two questions for now, if anyone has the answers to either one of the above questions, please post. Have lost complete faith in this company and the management. Cheers Autumn Industries Inc - Autumn Industries subsidiary earns record revenues Autumn Industries Inc ATU Shares issued 23,983,848 2000-07-12 close $0.15 Thursday Jul 13 2000 Mr. Gerald Caul reports Revenue received by Autumn Industries Inc. from its subsidiary, Autumn Independent Power Corp., for the month of June, was the highest revenue received to date from the Willesden Green power generation facility. This is in keeping with recent statements made by the power distribution companies in Alberta where in they have predicted costs to the consumers will increase significantly as Alberta moves towards total deregulation of its electrical industry in the year 2001. Also the power pool of Alberta is slated to go live with their new energy trading system on July 16, 2000. This system is expected to give power producers more flexibility in reselling their power. As well it is expected that there will be opportunities to buy and sell power in a free market environment. In other news Autumn Industries Inc. is currently investigating several electrical generation opportunities in Alberta using flare gas and other petroleum products. Additionally there are multiple opportunities using biomass (wood waste) for the generation of electricity and heat, which are also being reviewed