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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: Bobby Yellin who wrote (331)	3/24/1998 10:46:00 AM
From: Lawrence Burg	Read Replies (1) \| Respond to of 747

I'd agree, but where's the interest (volume). Why the open spread?

To: Bobby Yellin who wrote (331)	3/24/1998 12:38:00 PM
From: D. Katz	Read Replies (1) \| Respond to of 747

News release questions and comments >PACIFICA, Calif.--(BUSINESS WIRE)--March 24, >.1998--Industrial >Ecosystems Inc. (OTC BB:IECS - >news) is pleased to announce that it has entered into a joint > venture to expand its program for >recovering organic by products for animal feed ingredients.> >The new joint venture company is called ROP North America and as >its name implies it has the >exclusive rights to develop the ROP program in Canada, the >United States and Mexico. JFJ >Ecosystems is contributing $2,000,000 USD to ROP North America >for a 19% stake in the new >entity's common stock with IECS owning the other 81%. Are they able to build even one plant for US$2,000,000? >Initially, JFJ Ecosystems and Industrial Ecosystems will share > equally in the profits with IECS having an option to >increase its share of the profits to 81%. Does anybody know the terms for IECS exercising this option? >John Crowe is ROP North America's chairman and Fred Rice >and Walter Kolbe will be the other board >members. John Crowe stated, ''I have been searching for a >company to invest both my time and >money. After months of due diligence I am excited about >linking up with Industrial Ecosystems. I >feel the company has tremendous upside and I am looking forward >to expanding the market for their technology.'' This sounds positive. Is John Crowe part of JFJ Ecosystems? >Walter Kolbe, IECS's CEO added, ''This is easily the most > significant event for IECS since we >signed our contract with Amoco Oil (AN) five years ago. The >combination of John Crowe's >experience and IECS technology will create a company that will >lead us into the next century as >the front runner in organic by products recovery.''