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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?


To: Bugsy who wrote (170)2/17/1998 7:49:00 PM
From: BILL HOJNACKI  Respond to of 747
 
Some news releases that should be on there way:

1. Completed closure of $5,000,000 financing for expansion of organic recovery facilities.

2. Announcement of construction of one or two new ROP plants.

3. Grand opening and public display of Amerstburg plant.

4. Company financials, SEC compliance for a fully reporting company.

5. Quarterly earnings report.

6. Write up in some national news source (magazine, newspaper, etc.) about the ROP division.

The above is all speculation on my part, but I do think that there is a strong possibility of all of these items happening within the next six months. Last year was a transitional period for IECS. This year they are talking about earnings of $.10 - .14 per share. I believe they will do it, and that the value of its stock is heading for $1.00 to 2.00 a share this year.

Bill H.



To: Bugsy who wrote (170)2/17/1998 8:23:00 PM
From: JOHN SAMSEL  Read Replies (1) | Respond to of 747
 
Bugsy,

I agree with your assessment of its worth. I finally went back this Saturday and read all the IECS threads to get a better idea of the their process. If I understand it correctly, IECS has a process that converts food waste into a high protein product that can be feed directly to pigs on site.

The bioconverted food waste does not have to be evaporated but is fed in the liquid form to these piglets. They love to whet their whistles and whiskers on this wet waste. Since the bioconverted waste does not have to be evaporated it is cheaper to produce and the plants are less expensive. These plants can pop up at the major hog and cattle farms and take control of the agri side of the business.

No need to dry the product and haul it away for sale, just feed it to your stock. This is what I have put together from bits and pieces. I would like to see more of their business plan and process to confirm my supposition.

When I looked at the picture of their plant in the investors package, I wondered why it was so huge. Now I understand that they have a complete facility with training classrooms, dorms, administrative offices, the bioconversion tanks, a delivery system, and the piglets. This company has set up a model facility at Amherstburg to spread the word of bioconversion of food waste and is demonstrating how to do it. It reminds me of the Rodale Organic Gardening idea. THIS CAN BE REALLY BIG.

regards

John