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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp -- Ignore unavailable to you. Want to Upgrade?

To: Dale Geffrey who wrote (774)	1/8/1998 4:04:00 PM
From: Keith	Respond to of 1028

abcnews.com

To: Dale Geffrey who wrote (774)	1/8/1998 4:15:00 PM
From: Juan Dominguez	Read Replies (2) \| Respond to of 1028

Today's move? Check out yesterday's news release: "The First Ever Non-Petroleum Gasoline Substitute Patent Issued to Princeton University" The L.L. Knickerbocker Co. Inc. (NASDAQ:KNIC) Wednesday announced that Princeton University and Pure Energy Corp. will hold their first press conference at The Princeton Club of New York on Wed., Jan. 14, 1998 to report on "the first ever non-petroleum gasoline substitute patent issued to Princeton University." The L.L. Knickerbocker Co. holds approximately 38 percent equity interest in Pure Energy Corp. On Dec. 16, 1997, the United States Patent and Trademark Office issued a patent to Princeton University for a new, non-petroleum substitute for gasoline called P-series. The patent issued is U.S. Patent No. 5,697,987, and is titled Alternative Fuel. Stephen Paul, Ph.D., of Princeton University's Plasma Physics research staff, and Merrick Andlinger, president and chief executive officer of Pure Energy, will host the news briefing on the commercial viability of P-series, and will address questions relating to the product's characteristics and development. P-series is a unique blend of ethanol, natural gas liquids and a co-solvent. The fuel, which is non-petroleum and as much as 70 percent from renewable sources, is designed to operate in existing flexible fuel vehicles. It is designed to be cost-competitive with gasoline and to meet the standards set by the Clean Air Act of 1990 and the Energy Policy Act of 1992 ("EPACT"). Use of the fuel as an alternative to gasoline will contribute to significant reductions in greenhouse gases, lower tail pipe emissions and greater domestic energy security. P-series is designed to service the estimated 10 billion gallon per year U.S. fleet market, that by federal mandate is required to use an increasing proportion of alternative fuel vehicles (AFVs), and the nascent consumer AFV market. Pure Energy holds the exclusive worldwide license to commercialize the alternative fuel. On July 7, 1997, Pure Energy filed a petition with the Department of Energy seeking a rulemaking to designate the P-series as an "Alternative Fuel" under EPACT. "This is a very exciting time for the L.L. Knickerbocker Company, Pure Energy Corp., Dr. Paul and Princeton University," said Louis L. Knickerbocker, chairman & CEO. "Our equity investment in PEC and the alternative fuel is validated every step of the way." In addition to its equity interest in Pure Energy, The L.L. Knickerbocker Co. markets a wide variety of branded collectibles, jewelry and accessories and consumer products. The company's primary focus is to create and build brands which can be marketed through a variety of channels including national and international retail and direct response mail. The company has a substantial equity interest (approx. 31 percent) in Ontro Inc. and Insta-Heat Inc., involved in the development of containers which self-heat food and beverages. The company recently entered into a joint venture with Arkenol Holdings, LLC to construct power plants and biorefineries in a number of Southeast Asian countries. For more information, visit the L.L. Knickerbocker Company Web site: www.knickerbocker.com. This news release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, which involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the company's operations, markets, products, services and prices, and other factors. The company's actual results could differ materially from those projected in the forward-looking statements as a result of the factors described herein. Delayed response from yesterday's significant news release. This press conference in NYC signifies Pure Energy's quest to tell the world about their revotionary fuel. I have been told that this will be the first of 2 press conferences, introducing the world to Pure Energy's Pure. The second news conference will be held in Washington DC in front of the Department of Energy Buiding OR in front of the White House Lawn. I think KNIC's 38% stake in Pure Energy will finally pay off to Knic shareholders. Folks, IMHO, our time has finally come. The next 4 weeks should be very interesting for news coming out of Pure Energy. regards to all KNIC longs Juan