BRLZ...on 7/26/00 filed an 8-k to extend closing date no later than 9/30/00...have researched and am interested but will wait until after the reverse merger to possibly take another position, held a sizeable position earlier in the year but didn't like them putting off dates.
On 1/18/2000 Biorelease filed Form S-4 registration statement required as a part of the proposed merger with Polar Molecular Corp., a Utah Corporation.
Biorelease trades under the ticker......BRLZ
On February 7,2000 the companys subsidiary, Biorelease Technologies, filed a registration statement on Form S-1 to register 4,582,122 shares of Boorelease common stock currently held by the company. These shares represent 90.8% of Biorelease Technologies issued and outstanding common stock. The registration statement was filed as part of the merger agreement between the company and Polar Molecular Corporation wherin these shares will be distributed to Biorelease Corporation shareholders of record and certain creditors, officers, and directors. The 3/15/2000 record date will also apply to eligibility to recieve this Biorelease Technologies stock distribution.
You can read the filing here:
sec.gov
Who is Polar Molecular Corporation?
clf.org
My understanding after reading all the filings is that BRLZ will do a 25 for 1 reverse split.
Shares in the new company will be a spin-off of BRLZ
sec.gov
BIORELEASE TECHNOLOGIES, INC. 4,582,122 Shares Offering Price - $_____ Per Share Currently, Biorelease Technologies, Inc. (the "Company") is a controlled subsidiary of Biorelease Corp. (BIORELEASE). As more fully described in this Registration Statement, the company was formed in February 1990 in California, and reincorporated in Delaware in August 1992. BIORELEASE is now spinning-off the Company by distributing approximately 90.8% of the outstanding Common Stock, namely 4,582,122 shares, to BIORELEASE shareholders and certain creditors. The record date for determining BIORELEASE shareholders entitled to receive the Company's shares is March 15, 2000 and the Company's shares are being distributed to BIORELEASE Shareholders on the basis of one Company share for each 15 shares of BIORELEASE held as of the record date. The number of the Company's shares to be distributed to Biorelease shareholders is 800,000 shares based upon the assumption that on the record date BIORELEASE will have issued, and outstanding, 12,124,238 shares of its Common Stock. No fractional shares are being issued. The Company's shares will be distributed to BIORELEASE shareholders as soon as this Registration Statement becomes effective. BIORELEASE has not received a ruling from the Internal Revenue Service to the effect that the distribution will not result in taxable gain or loss to BIORELEASE or to its shareholders. The officers and directors of BIORELEASE as a group, who control approximately 10.3% of the outstanding shares of BIORELEASE, are receiving control of approximately 22.1% of the shares of the Company, which are being distributed in the spin-off. The officers and directors of BIORELEASE are also the officers and directors of the Company, but will resign as Biorelease's officers and directors if and when BIORELEASE completes its proposed reverse acquisition with Polar Molecular Corporation (See "Registration Statement Summary").
Collaboration with Polar Molecular Corporation and the Alliance to End Childhood Lead Poisoning Environmental Goal: Ending Lead Poisoning Strategy: CLF Services is helping to evaluate and introduce to the international market a gasoline additive which can replace tetra-ethyl lead. Background: Polar Molecular Corporation, holders of the patents on "DurAlt"®, the gasoline additive, contacted the Alliance to End Childhood Lead Poisoning seeking help getting DurAlt® accepted in the additive marketplace. The Alliance, in turn, came to CLF Services. Preliminary due diligence confirmed DurAlt®'s effectiveness and safety. CLF enlisted the advice of investment bankers, Warburg Dillon Read. Since that time we have been working together to plan and execute a strategy to get DurAlt into the international market. This strategy has included overtures to major additive and petroleum companies. While lead has been banned from gasoline in the United States since around the mid-1970's, it is still a critical additive in Eastern and Western Europe, Asia and the African Continent. The European Community will soon phase out lead. Lead poisoning from gasoline emissions has serious health implications, particularly for children, where it causes damage from learning disabilities to nerve damage and death. Getting lead out of gasoline would have a major positive impact on the health of children. Although CLF Services’ primary interest is getting lead out, the product also appears to improve engine efficiency, reducing consumption and emissions as well. Investment Opportunity: This project presents an opportunity for investors, especially those who can tolerate high risk. Please contact Alice Denison <mailto:adenison@clf.org> or Alan Wilson <mailto:awilson@clf.org> at CLF Services for more information.
What is "DurAlt"?
pitstop-cruizer.com
WHO SAID THE POLAR MOLECULAR COMPANY WAS OUT OF BUSINESS? Must be the competion. Don't know why they would bother because there is no truely competing product on the market. They only wish they could. Show me another product capable of the following benefits and backed by tests conducted at the distinguished labs as indicated. "OCTANE REQUIREMENT INCREASE (ORI)"; "ORI" is a problem caused when deposits form in the combustion chamber of an internal combustion engine. Formerly, with leaded gasoline, the deposits could be "blown out" with a hard drive on the road because leaded gasoline contained scavangers (diethyl chloride or dimethyl bromide) which made the deposits hang loose and easily dislodge. NIPER Laboratories in Bartlesville, Oklahoma conducted tests for ORI using six GM with 3.0 liter V-6, port injected engines, three speed automatics and EGR/3CL/CAN emission controls and four Fords with 2.3 liter carburated engines, 3-speed automatics and EGR/PMP/OXD/CAN emission controls. Half of the GMs and Fords were run with Duralt Fuel Conditioner in the gasoline and half without. The GMs were tested for 8000 miles and the Fords for 5000 miles over a 100 miles closed road route at an average speed of 40 mph. The cars traveled in line as a group and the drivers rotated among vehicles. Results; The three GMs without Duralt had an ORI increase of 7.6, 11.6 and 6.0 octane points. The three with Duralt had an increase of 1.7, 1.7, and 3.4 octane points. Among the Fords, the two without Duralt each had 5.0 points octane requirement increase and for the two with Duralt one had no increase and the other a 3.3 increase. My experience since these 1986 tests is, in general, that a decrease of 6.0 octane point requirement occurs. POWER INCREASE OF 13% Was found during tests of octane increase at the Mechanical Engineering Department's Combustion Engine Laboratory at Lehigh Universtity. Operating a 4-cylinder Chevy engine on untreated unleaded regular grade gasoline, load and timing were adjusted to produce detonation knock. An application of 55 ft. lbs. of torque was required to hold the engine to 1000 rpm. When the fuel supply was switched to Duralt treated fuel, it took 62 ft. lbs. of torque to hold 1000 rpm. A torque increase of 13%. The detonation knock dropped to a light to moderate level. The torque increase of an engine is noticed within 5 to 10 miles after Duralt is added to the fuel by the consumer. PROTECTION FROM VALVE RECESSION Tests for valve recession at Columbia University were conducted using two types of 350 cubic inch V-8s. Initially, engines with standard stelite valves and induction hardened valve seats and a compression ratio of 8.5 to 1 were operated at 4600 rpm with intention of running 500 hours on unleaded fuel. The engines operating on untreated unleaded fuel failed with excessive valve recession between 150 and 250 hours while those operating on Duralt treated fuel made the full 500 hours test. The same test was then conducted using high performance 350s with 9.0 to 1 compression ratio and operated at a higher engine speed of 5200 rpm. The engines operating on untreated unleaded fuel, failed between 50 and 70 hours while those using unleaded fuel treated with Duralt completed the 500 hours test. REDUCED EXHAUST EMISSIONS Test data obtained using used vehicles dating from 1971 to 1980 produced hydrocarbon emission reductions of 16 to 100% and carbon monoxide reductions of 15.78 to 51% but my favorite test data is from a test conducted right here in Washington state using State emission test facilities. January 13, 1988 a 1979 Chevrolet Camaro was brought to me for a tune-up because it had failed the emissions test. Even though that car was running absolutely perfect it had failed the test for hydrocarbon with 491 ppm (Max permitted 300ppm). The carbon monoxide passed with 115 ppm (max permitted 150 ppm). I asked the customer to try my fuel with Duralt already mixed and said I would pay if it failed. She purchased $7.00 worth of gas and left to drive about 20 miles and retest. The next day her father brought me the results; HC was 96 ppm and CO was 16 ppm. When I expressed the wish to have the prior test data, he said he would try to get it for me. He returned with a printout from the State computer for all test data from 11 December, 1986 on. A drop from 491 to 96 in HC and from 115 to 16 in CO shows Duralt works. FUEL ECONOMY & COMBUSTION DEPOSITS Before Bob Leitzinger tried Duralt in his normally aspirated 3000 cc Nissan 300ZX during the 1988 Daytona 24 hour endurance race, his crew chief, Carson Baird, tried it in his own high mileage Nissan Sentra. The dramatic improvement convinced Bob to try Duralt in his Mercedes 280GE. Bob's car had been very hard to start. The improvement useing Duralt convinced Bob to try Duralt for the race. Bob's race car normally would require a refueling stop every two hours or 11 times during the race. Duralt FC extended time between fueling stops more than 10 minutes, representing nearly 10% improvement in fuel economy, and eliminated one refueling stop. The spark plugs, after 24 hours at near maximum throttle, showed no deposits. A leak down test on the cylinders after the race was identical to that made before the race. EXHAUST VALVE TEMPERATURE Also in 1988, Matt Capri, owner of Luftmeister, Inc., a major performance oriented supplier to BMW riders, tested Duralt FC in a turbocharged BMW K100RS equipped with an exhaust gas temperature gauge. Matt found a temperature drop from just over 1300 degrees to about 1150 degrees at 75 mph. The average temperature drop above 70 mph was 125 degrees. Also reported was increased power, smoother operation and 12% improvement in gas mileage. On the 15th of May, 1988, Matt took his street legal machine to it's second consecutive World Record at 184.8 mph -- using Duralt FC treated recing fuel. IN 1986, HARLEY-DAVIDSON TESTED DURALT On 6 police HD FLH motorcycles, each with about 30,000 miles using mid range, 89 octane, leaded gasoline. The department had been complaining about plug fouling, stalling, sluggish acceleration and low power. The test was for 3500 miles of summer time city driving with regular, 87 octane, unleaded fuel. Officers reported the three motorcycles using Duralt FC had better acceleration, smoother running and more power than with the 89 octane leaded fuel previously used. When HD disassembled the motorcycles at the end of the test and observed the highly decreased amount of combustion chamber deposits, they requested a license to market Dural FC under their own name. Look for "Harley-Davidson Genuine Fuel Conditioner with Duralt FC" if you happen to enter a Harley-Davidson store. APPARENT OCTANE IMPROVEMENT Vehicles with 11.0 to 1 compression ratio have been shown to run without detonation at sea level using a good quality premium fuel such as Texaco premium blended with Duralt FC. Duralt is not promoted as an octane booster even though it seems to have an apparent effect comparable to a 6 point increase in octane. Cooler exhaust ports may be part of the reason. FUEL INJECTOR CLEANING Duralt FC removes the coking deposits that form on injector pintles. Those deposits, in effect, change the shape of the pintle which causes the injector to produce a spray of fuel instead of a mist of fuel. If a vehicle produces a cloud of dark gray exhaust it could very well be injector deposits. Hard starts are another symtom. NOTE: Duralt is not a detergent and will not destroy lubricating oil film on the cylinder walls and may be used continously. INHIBITS OXIDATION Duralt FC is an effective oxidation inhibitor to prevent deteriation of gasoline in tanks of cars, boats, chainsaws. outboard engines, standby power generation equipment, etc. Winter time lay-up of equipment without draining fuel tanks and carburetors is easily possible and has even been recommended by a major boat manufacturer to it's dealers. DIESEL FUEL HAS ALL THE ABOVE BENFITS With the exception that inplace of octane increase diesel fuel benefits from a cetane increase. Duralt FC also inhibits growth of algae and bacteria in diesel fuel and, Duraflo II (Duralt FC with wax crystal modifier) also provides protection against plugging of filters with wax during cold weather. HOW MUCH DURALT DOES IT TAKE? It only takes one ounce of Duralt to 16 gallons of gasoline to produce the results described here. Diesel uses 1 ounce Duralt to 12 gallons of diesel. Little secret, I find higher mileage increase with 1 ounce to 12 gallons gasoline, a ratio of 1500 to 1. For availablity, use information at end of article. AND FINALLY Polar Molecular Corporation has a letter from the EPA concluding Duralt FC may be used in Unleaded gasoline per federal regulation (46 FR 38582, July 28, 1981). The letter was issued in 1986. Duralt FC is EPA "approved" not just "registered". NEXT TIME SOMEONE TELLS YOU "Oh! They've gone out of business" and "there is no more Duralt", asked them what, "would be" competitor they work for or listen to. Please excuse me for getting on my soap box about Duralt, but I'd like to go nose to nose with those liars. PARTICIPATING DEALERS , JOBBERS and DISTRIBUTORS Loudon Cycle, 301 Clough Hill Rd, Loudon, New Hamshire, 03301, (dealer) Warders Unofficial Harley Davidson, 4813 Page Ave, Michigan Center, Michigan, 49254, (dealer) Beaver Marine, 710 N.E. Cleveland #110, Gresham Oregon, 97030, (541) 661-1177, Mel, Mary, (dealer) Big Wheel Auto Parts, 12720 4th W, Everett, Washington, 98204, 742-0101, (dealer) North West Classic Falcon, 1964 N.W. Pettygrove, Portland, Oregon, 97209, (503) 241-9454, 252-6513, Ron Basil, (dealer) Cliffs Classic Chevrolet, 619 S.E. 202nd Ave, Portland, Oregon, 97233, (503) 667-4329, (dealer) David McCarty, Milwaukee, Oregon, 97267, (503) 320-6808, 654-4427, (jobber) Elmira Station, 88921 Territorial Rd, Elmira Oregon, 97437, (dealer) Country Coach Inc, 135 E. 1st St, Junction City, Oregon, 97488, (541) 998-3001, 1-800-654-0223, (dealer) William Thomas, 450 Forelle Ave, Medford, Oregon, 97504, (541) 773-4141, (distributor) Big Wheel Auto Parts, 34621 16th SW, Federal Way, Washington, 98003, 927-8410, (dealer) Big Wheel Auto Parts, 1414 Cole St, Enumclaw, Washington, 98022, 825-3556, (dealer) Big Wheel Auto Parts, 25416 SE 104th, Kent, Washington, 98031, 859-4510, (dealer) Jim Green's Performance Center, 6824 212th St SW, Lynnwood, Washington, 98036, (dealer) Action Auto Parts, 14911 Hwy 99 N., Richmond Beach, Washington, 98037, (206) 745-5300, (dealer) Highlands East Auto Parts, 4616 N.E.4th, Renton, Washington, 98059, 228-6364, (dealer) The Parts House, 16425 N.E. 80th, Redmond, Washington, 98073, 885-5569, (dealer) Big Wheel Auto Parts, 9461 Delridge Way SW, Seattle, Washington, 98106, 763-2106, (dealer) Hutchins Garage, 9001 3rd Ave SW, Seattle, Washington, 981??, (dealer) Hockett & Olson, 1278 Furncliff Ave NE, Bainbridge Island, Washington, 98110, (dealer) Action Auto Parts, 17012 Aurora N., Seattle Washington, 98133, (206) 546-4818, (dealer) Action Auto Parts, 7800 Aurora, Seattle, Washington, 981??, (206) 522-2228, (dealer) Nelson Distributing, 3102 Hill Ave, Everett, Washington, 98201, 258-2638, (jobber) Action Auto Parts, 9220 Evergreen Way, Everett, Washington, 98204, 353-6600, (dealer) La Conner Auto Parts, 607 Morris, La Conner, Washington, 98257, 466-3194, (dealer) Big Wheel Auto Parts, 14008 State Hwy 16, Gig Harbor, Washington, 98335, 272-0111, (dealer) Ed's Morton Auto Parts, 184 W Main St., Morton, Washington, 98356, (dealer) Pettit Oil Company of Port Angeles, 638 Marine Drive, Port Angeles, Washington, 98363, 1-800-422-0162, (jobber) Hagens Auto Parts, 8526 River Rd. East, Puyallup, Washington, 98371, 845-7020, (dealer) Duralt N.W., 9022 Old Olympic Hwy, Sequim, Washington, 98382, 681-0326, Paul Carpenter, (jobber) Big Wheel Auto Parts, 1314 E 72nd, Tacoma, Washington, 98404, 535-5455, (dealer) Big Wheel Auto Parts, 8219 Pacific Ave, Tacoma, Washington, 98406, 475-2688, (dealer) Big Wheel Auto Parts, 2220 6th Ave, Tacoma, Washington, 98406, 627-0158, (dealer) Big Wheel Auto Parts, 2625 N Pearl St, Tacoma, Washington, 98407, 752-2826, (dealer) Big Wheel Auto Parts, 1416 54th E., Fife, Washington, 98424, 922-8585, (dealer) Pochels, 168 S. 140th & Pac Ave, Tacoma, Washington, 98444, 531-5763, (jobber) Big Wheel Auto Parts, 7504 86th SW, Tacoma, Washington, 98498, 582-7995, (dealer) Big Wheel Auto Parts, 509 Yelm Ave, Yelm, Washington, 98597, 458-5100, (dealer) Eldorado Auto Parts, 201 N Division, Cashmere, Washington, 98815, (dealer) Perkins Brothers Enterprises, Nome, Alaska, 99762, (907) 443-2730, (jobb
WHO IS CLF THAT IS HELPING "DurAlt"? CLF is The Conservation Law Foundation.
clf.org
The Conservation Law Foundation is the largest regional environmental advocacy organization in the United States. We're based in New England, where our 25 professional advocates -- attorneys, scientists, economists, policy experts -- work on the most significant threats to the natural environment of the region, and to the health of its residents. We've been around since 1966, and now maintain advocacy centers in Boston, Massachusetts; Montpelier, Vermont; Concord, New Hampshire; and Rockland, Maine. We're a nonprofit, public-interest group supported by many thousands of loyal members. If you're a member of CLF, thank you for standing with us. If you're not, why not consider joining <http://www.clf.org/bepart/index.htm>? Maybe you'd like to find out more about who we are and what we do. That's easy! How to reach us by mail, email, phone, fax or in person <http://www.clf.org/aboutclf/address.htm>. Who and what is CLF? <http://www.clf.org/aboutclf/whowhat.htm> Our Mission Statement. <http://www.clf.org/aboutclf/mission.htm> Meet the CLF Staff. <http://www.clf.org/aboutclf/staff.htm> Employment Opportunities at CLF. <http://www.clf.org/bepart/jobs.htm> Our Timeline -- 34 years and growing! <http://www.clf.org/aboutclf/timeline.htm> The Hot Issues, and why they matter. <http://www.clf.org/hot/index.htm> |
