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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Mark_H who wrote (725)4/7/1998 5:08:00 PM
From: Joe Copia  Respond to of 25711
 
yes Mark . I knew. here it is

Tuesday April 7, 4:38 pm Eastern Time
Company Press Release

Midland's Subsidiary, Arcon Energy, Inc. Sets Up a New Division
DALLAS--(BUSINESS WIRE)--April 7, 1998--Daniel W. Fisher (Chairman/CEO) announced today that Midland's (Nasdaq/BB:MIDL - news) wholly-owned subsidiary, Arcon Energy, Inc., has set up a new division known as Arcon Fuel Marketing, Inc. for the purpose of providing cross marketing coupons and ethanol gasoline sales program
suitable for certain supermarkets, grocers and convenience stores.

This plan will include video advertising, coupons and gasoline sales. Arcon will develop point-of-sale gasoline marketing programs with major suppliers to the food industry for cross marketing with supermarket chains such as Food Lion, H.E.B. and Minyards to create a discount on ethanol gasoline sales at existing and new pumps being installed at supermarkets over the next five years. Arcon's fuel marketing strategy is to offer rebates on a per gallon volume basis passed on to the consumer to spur additional sales at the supermarket pumps and in these stores.

Arcon's ethanol blended gasoline is eligible for a 5.4 cents per gallon rebate until 2007.
This rebate was recently passed by Congress. Additional service contracts for maintenance of the pumps and on-time delivery of gasoline to all supermarkets will create additional income and no-hassle contracts for supermarkets.

A five-year business plan and the procurement of gasoline and marketing contracts to commence immediately is being sought with a Dallas company at present. They are building over 500 service locations at supermarkets and are 75% owned by a major foreign oil company.

In addition, we are negotiating with a large ethanol gasoline blender for the supply of DF-144 on a direct basis. Arcon is expected to allot $2,500,000 toward the Arcon Fuel Marketing Program. Arcon expects to raise the above funds and considerably more through its parent company Midland, Inc. Arcon also announces that Peter Jacoves will assist in the marketing program for Arcon.
Jacoves is former Senior Vice-President of Nexus Fuels, Inc., a company whose majority owner is Lukoil, a major refining company in Russia.

Lastly, please note the name of ''Midland, Inc.'' will change to ''Arcon International, Inc.'' soon. A new symbol has been applied for and will be formalized at our annual meeting in Dallas on Friday, May 29, 1998 (see future announcements for time and place.)

We expect further updates on the development of DF-144 octane to be announced by John Spriggs, President, Octane Division, by next week.

Our toll free number is 888/478-5010.

-------------------------------------------------------
Contact:
Midland, Inc., Dallas
Daniel W. Fisher, 888/478-5010



To: Mark_H who wrote (725)4/7/1998 5:19:00 PM
From: Joe Copia  Read Replies (2) | Respond to of 25711
 
borrowed from another thread MIDL

So far there biggest potential is a Fuel Additive
called DF144. This product is a replacement product
for a product called M.T.B.E. a real nasty product
found in almost every gallon of gasoline. M.T.B.E.
is currently under careful scrutiny by many
envoirnmental organizations and associations for it
detrimental effects on ground water contamination etc...
Their product is more efficient,cheaper to produce,and is
being endorsed by many of the organizations as a replacement
to other fuel additives. The govt. has all kinds of tax incentives
inplace for products of this type ( ethanol based ). They are in
the process of striking some key alliances with the largest
distribution company world wide for distributing their product.
They also have some N.G. interests in proven fields. They just
went public in Feb. by way of a reverse merger. The stock today
was trading at around the .80 There is an excellent thread
started on S.I. that has a very informed tight following.
techstocks.com
Just a ton good news soon to follow. By the way to all the
readers, I'm not trying to hype this stock, I spent 100's
hours talking to many of the investors who are very informed,
read many 3rd party information sources to verify their
potential market, spent a number of hours talking to the
directors of the company, yes I put my money where my mouth
is. Have about $100,00.00 tied up in this one. Its a 2-5 year
play to realize its full potential. I must stress the
importance to all that you must not take my word, please prove
it to yourself first, it allows you to sleep at night.
Success to all!

Best Regards

WB

hmmm. This stock is truly waking up

Joe PTG&LI !!!

allstocks.com