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Technology Stocks : EGBT - EAGLE BUILDING TECHNOLOGIES (ecic) -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (124)	12/18/2002 2:49:57 PM
From: StockDung	Respond to of 155

oh and btw. lol->"The Company also announced that it has accepted the resignation of Dan Curlee as Director and President. Meyer Berman, Chairman of the Board, has assumed the role of President. Mr. Berman stated, "Eagle continues to move forward with a clean state as there are no officers or directors on board from the original Damato management group.""

To: Sir Auric Goldfinger who wrote (124)	12/18/2002 2:57:21 PM
From: StockDung	Respond to of 155

I'M LAUGHIN->Contact:The Investor Relations Group Shayne Payne or Dian Griesel Ph.D. 212/825-3210 Eagle To Present At International Aid & Trade Conference Exhibition 2001 BOCA RATON, Fla.--(BUSINESS WIRE)--May 22, 2001--Eagle Building Technologies (OTC BB: EGBT - news) an internationally focused manufacturer of cost effective construction systems, products and services will showcase its innovative products at the UN's International Aid & Trade Conference and Exhibition 2001 to be held June 20-21, 2001 at the Jacob Javits Convention Center in New York City. Eagle Building Technologies will be one of several companies and organizations showcasing goods, services and equipment offered to the international community, to an audience of heads of UN agencies, development banks, CEOs, government representatives, procurement officials, and humanitarian aid agencies. ``This event is multi-faceted with opportunities for Eagle to showcase our products. It will not only allow us to effectively reach a worldwide audience to market our products, but also provides us the opportunity to view and analyze other competitive products,'' commented Paul-Emile Desrosiers VP, of Eagle. ``This one of a kind event will allow us direct access to various top-level decision making governmental and private sector personnel, upcoming contracts and future directions of aid and reconstruction projects.'' The International Aid and Trade Conference and Exhibition is an annual event sponsored in part by the United Nations Office for Project Services (UNOPS), to foster partnership and cooperation between the private sector and the UN system. During this year's event, several top government officials, banks and business leaders will examine and discuss Public Procurement Reform, and how governments and suppliers can strategically use procurement programs to achieve environmental goals, respond to humanitarian aid crises, and promote growth of communities via reconstruction. There will also be seminars highlighting how businesses can market their goods and services in the international aid community. About Eagle Building Technologies, Inc Eagle Building Technologies, Inc. manufactures and distributes technologically advanced building products and systems to emerging markets outside the US where the existing infrastructure cannot meet the current demands for low-cost, structurally sound housing. The Company is positioned for immediate and ongoing success through its ability to provide its patent protected system quickly and cost effectively to meet the booming international demand for energy efficient, inexpensive-yet-sturdy, construction materials and building methods. Eagle also provides related capital equipment and components for lease and /or purchase to joint venture partners. Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements. -------------------------------------------------------------------------------- Contact: The Investor Relations Group Shayne Payne or Dian Griesel Ph.D. 212/825-3210

To: Sir Auric Goldfinger who wrote (124)	12/24/2002 6:00:18 PM
From: afrayem onigwecher	Respond to of 155

EAGLE BUILDING TECHNOLOGIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, 2002 2001 2002 2001 ----------- ----------- ----------- ----------- SALES $ 1,671,162 $ 501,488 $ 2,165,812 $ 2,917,899 COSTS OF SALES 1,280,659 567,705 1,581,182 2,275,285 ----------- ----------- ----------- ----------- GROSS PROFIT 390,503 (66,217) 584,630 642,614 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 1,253,460 3,832,354 8,591,558 7,215,884 ----------- ----------- ----------- ----------- LOSS FROM OPERATIONS (862,957) (3,898,571) (8,006,928) (6,573,270) OTHER INCOME (EXPENSES): Litigation settlement - 230,000 - 230,000 Foreign currency exchange gain - 173,862 - 173,862 Investment income - 142,109 - 460,609 Interest expense (383,145) (263,440) (1,033,355) (322,820) ----------- ----------- ----------- ----------- LOSS BEFORE INCOME TAXES (1,246,102) (3,616,040) (9,040,283) (6,031,619) PROVISION FOR INCOME TAXES - - - - ----------- ----------- ----------- ----------- NET LOSS $(1,246,102) $(3,616,040) $(9,040,283) $(6,031,619) =========== =========== =========== =========== WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - Basic 7,795,000 6,253,000 7,724,000 5,288,000 - Diluted 7,795,000 6,253,000 7,724,000 5,288,000 NET LOSS PER COMMON SHARE - Basic $ (.16) $ (.58) $ (1.17) $ (1.14) ----------- ----------- ----------- ----------- - Diluted $ (.16) $ (.58) $ (1.17) $ (1.14) ----------- ----------- ----------- ----------- See accompanying notes to consolidated financial statements. 5 -------------------------------------------------------------------------------- Results of Operations Sales for the three and nine months ended September 30, 2002 were $1,671,162 and $2,165,812 compared with sales of $501,488 and $2,917,899 in the same periods of 2001. The Company experienced a net loss of $1,246,102 for the quarter ended September 30, 2002, and a net loss of $9,040,283 for the nine months ended September 30, 2002 compared to a net loss of $3,616,040 and $6,031,619 for the same periods of 2001. The net losses for the nine months ended September 30, 2002 and 2001 included expenses of $4,232,730 and $5,087,506 due to the issuance of common stock for services and interest.

To: Sir Auric Goldfinger who wrote (124)	12/24/2002 10:04:02 PM
From: afrayem onigwecher	Respond to of 155

The Company's wholly-owned subsidiary, Great Wall New Building Systems, through its fifty-five percent (55%) joint venture interest in The Beijing Shang Long Building Materials Co., Ltd., has commenced some initial operations. The plant is currently producing 480,000 paving blocks against an initial user requirement of 30,000 square meters of paving materials at a price of 27RmB per square meter. Furthermore, based on having obtained local government support, the joint Venture is involved in negotiations in the Bank of China for working capital and fixed asset financing not to exceed 8 million RmB. Pending these negotiations, the Chinese partner, MYRE, is supplying working funds for labor and materials. Filing Date: 12/23/2002 Form Type: 10QSB