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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF) -- Ignore unavailable to you. Want to Upgrade?

To: JOHN A. who wrote (128)	10/24/1997 1:04:00 AM
From: arizona_ice_tea	Respond to of 206

International Absorbents Expands Far East Distribution BELLINGHAM, Wash., Oct. 23 /PRNewswire/ -- International Absorbents Inc. (OTC:IABS), a leading manufacturer and marketer of absorbent products made from waste wood pulp, reported today that it has expanded export of its Industrial Division products with the addition of new distributors in the Far East. ''In addition to business expansion with our existing distributors in Australia and Japan,'' commented Geoff Lawrence, CEO of Absorption Corp., International Absorbents' operating subsidiary, ''we have recently added distributors and resulting export Shipments to India, the Philippines and Singapore. Outside the Far East, we have brought on additional distribution and shipments to Saudi Arabia and Nigeria.'' Mr. Lawrence went on to say that revenue generated from the export of Industrial Division products has grown to over 10% of International Absorbents' total revenue. International Absorbents Inc. develops, manufactures and markets patented and proprietary, cost-effective sorbent products derived from recycled, renewable materials. These environmentally safe products outperform conventional products used in a broad range of industrial and consumer applications, including oil and hazardous liquid spill cleanup and control, oil/water filtration, packaging and commercial/retail animal bedding and litter. Further information about International Absorbents is available at www.absorbent.com. SOURCE International Absorbents, Inc. More news for referenced ticker symbols: IABS, IABSF. Help

To: JOHN A. who wrote (128)	10/24/1997 1:10:00 AM
From: arizona_ice_tea	Respond to of 206

About the weak price and the "sometimes" heavy volume It seems like the Compay is still struggeling with an old problem. Find below the press from some time ago. Trading Volume Related to Debenture Conversion. BELLINGHAM, WA, July 15, 1997...International Absorbents Inc. (OTC: IABS), is currently experiencing relatively high volumes of trading on the stock market. This is partially related to the fact that, over a year ago, the Company entered into a convertible debenture agreement. The terms of the debenture allow the debenture holder to convert to common shares at the current market price. Under this scenario, the lower the price, the more shares they will receive. Management has been negotiating with the debenture holders but this has not resulted in agreement. It is not known whether or not the selling will continue. The Company's business continues to improve on a steady basis. Animal bedding sales are growing consistently as they have over the past years and the Company's industrial products are now enjoying demand that for the first time exceeds our current supply capability. This year is shaping up to be our best ever. I hope they're gonna find a solution with this guys very very soon. Michael

To: JOHN A. who wrote (128)	11/9/1997 10:20:00 AM
From: arizona_ice_tea	Read Replies (1) \| Respond to of 206

I did talk to the chairman of IABS He did confirm me again that business is running very good. They had another record month. I did ask him if he could make press releases about the monthly sales figures. He's gonna think about it! Next quarterly results will be out in the middle of December. The company is still struggeling with some holders of convertible debentures. They just try to convert at very very low prices. What do you think about the current situation? Michael