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To: afrayem onigwecher who wrote (11340)	3/19/2003 4:59:31 PM
From: Ben Wa	Respond to of 19428

-- Cleaning Technology Breakthrough for Manufactures Seen By Clean All Company; -- BioT 300B Will Save at Least $30,000 Per Year in Energy Costs Business Editors BLUE BELL, Pa.--(BUSINESS WIRE)--March 19, 2003--Clean All Company has found that BioT 300B is saving manufactures thousands of dollars while improving employee safety and cleaning performance. BioT 300B does not need to be heated to effectively clean metal parts. Clean All Company, a BioChem distributor in Blue Bell, Pennsylvania, recently did a cost analysis at one of their customers' plants. A typical 100-gallon immersion cleaning tank using BioT 300B will save at least $3,000.00 per year in heating costs alone. The actual cost savings can be exponential depending on the number and size of parts washers a company has. Most manufacturers have at least 10 parts washing tanks. That will be over $30,000 per year in energy costs! Clean All Company also found out that the heaters were never turned off! The reason for this is alkaline cleaners don't work at room temperature. If the heater is turned off overnight it takes hours to return to working temperature when turned back on the next day. BioT 300B eliminates many of the worker safety issues that exist with caustic cleaning processes. Employees who work around caustic cleaners are at risk of being burned by these high pH chemicals. Heated caustic tanks can also release harmful vapors into the work environment. Since BioT 300B has a neutral pH, is non-toxic, and does not require heating, all of these employee hazards are eliminated. BioT 300B's special formulation allows grease, oil, and other organic contaminants to be easily separated from the cleaning solution once parts are cleaned. With caustics, immersion tanks have to be taken out of service and recharged every 3 - 4 weeks. With BioT 300B, all you do is check the concentration level and top off the tank, so the process is never down. Properly maintained systems can be filtered and used repeatedly for 12 months or longer. LA-Z-BOY Incorporated has used BioT 300B in all of their plants, for over 10 years, to clean metal parts for their furniture. BioT 300B lasts them over 12 months without disposal. Clean All Company is so confident that BioT 300B will outperform heated alkaline cleaners they offer a money back guarantee --30--DES/ph* CONTACT: Clean All Company, Blue Bell Tim Fitzpatrick, 610/275-1300 or www.cleanallcompany.com

To: afrayem onigwecher who wrote (11340)	3/19/2003 6:35:24 PM
From: StockDung	Respond to of 19428

Boots & Coots gushes Shares of the oil well firefighter are up more than 250% this week. Too bad it might go bankrupt. March 19, 2003: 5:11 PM EST By Paul R. La Monica, CNN/Money Senior Writer NEW YORK (CNN/Money) - Usually when a company says it is considering filing for bankruptcy, its stock plunges. Not Boots & Coots, a company that focuses on fighting oil well fires. The stock has surged 325 percent since announcing that it might file for Chapter 11 bankruptcy protection on Feb. 18 and is up more than 250 percent this week alone. On Wednesday, 76.4 million shares changed hands, more than eight times the stock's average daily volume. Why? It appears that investors are hoping that the company will do major business if Iraq sets its oil fields on fire once war starts. A Boots & Coots (WEL: up $0.20 to $2.10, Research, Estimates) competitor, RPC Inc., has shot up 16.5 percent this week. Even though the companies might benefit from Iraqi oil fires, day traders are probably fueling this surge, and the average investor should stay away, said Dan Pickering, director of research for Simmons & Co., a Houston-based investment bank focusing on the energy sector. "There is no doubt that if Iraq torches oil wells there will be a huge amount of business for these companies," Pickering said. "But this is a very speculative investment." Both companies have relatively small market values, tiny floats and no mainstream analyst coverage. So their shares will probably be extremely volatile and are likely to drop once the war is over. That's what happened to RPC (RES: up $0.55 to $12.35, Research, Estimates) in 1991. The stock soared 35 percent during the Gulf War but by the end of 1991, it was back to where it began before the war started. Boots & Coots was not publicly traded during the Gulf War. And just a reminder: Boots & Coots is considering a bankruptcy filing. If history doesn't repeat itself and Iraq leaves the oil wells alone, look out below. So investors interested in oil fire fighters would be better off saving their money and renting John Wayne's "Hellfighters" instead of buying these stocks.

To: afrayem onigwecher who wrote (11340)	3/19/2003 6:49:27 PM
From: StockDung	Respond to of 19428

"What he found was a nondescript Manhattan office building, a door with a peep-hole in it, and a tiny little sign that said "Island Metals" on it. Not the kind of entrance way that Chase officials expected to find for someone who had $1.2 million of their money." FBI Uncovers International Bank Fraud Scam James Donahower New York 14 May 2002, 21:34 UTC In New York Tuesday, the U.S. Attorney's Office and the FBI announced that they have uncovered a sophisticated international scheme to defraud major banks out of more than $600 million. The alleged scheme was simple enough. Four men, Narenda Kumar Kastogi, Anil Anand, Manoj Nijhawan and Udhay Shankar, told various banks that they needed loans to finance metal trades involving parties in India, Hong Kong, Singapore, and the United Arab Emirates. They provided the banks with all of the paperwork for such trades. But the loans were false. Neither the buyer in the trade, nor the seller, nor the metal itself, existed. U.S. Attorney James Comey explains how an official at J.P. Morgan Chase, one of the "victim" banks, caught onto the scam. "An alert representative of that bank who got suspicious took a walk one day and went to check out an outfit called 'Island Metals', which was allegedly one of the suppliers, one of the sellers of metal that had received $1.2 million in Chase money," he said. "What he found was a nondescript Manhattan office building, a door with a peep-hole in it, and a tiny little sign that said "Island Metals" on it. Not the kind of entrance way that Chase officials expected to find for someone who had $1.2 million of their money." The U.S. Attorney's office says that the defendants would sometimes use loans from one bank to pay the debts owed to another bank. The banks include the China Bank Trust, the Hypo Vereins Bank and the Dresdner Bank Lateinamerika. One of the men charged is a naturalized U.S. citizen. The other three are Indian nationals with permanent legal residency. The men will be charged with conspiracy to commit bank fraud, mail fraud and wire fraud, and face penalties of up to five years' imprisonment and $250,000 in fines. Prosecutors say the investigation will continue as they pursue other conspirators in the international scam. Email this article to a friend.