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To: makin_dough99 who wrote (9823)4/22/1998 3:59:00 PM
From: Kevin G  Read Replies (2) | Respond to of 34592
 
ISWI is breaking out right now. This is not an Internet stock, but I strongly suggest looking into what's going on with the company. Tomorrow will be a big day for them. Check it out, the stock should be 6 to 7 Dollars right now.



To: makin_dough99 who wrote (9823)4/22/1998 3:59:00 PM
From: Big Dog  Read Replies (3) | Respond to of 34592
 
MRTI, tomorrow's big mover.

Wednesday April 22, 1:36 pm Eastern Time
Company Press Release
SOURCE: Metal Recovery Technologies, Inc.
Zinc Investments, Inc. $3 Million Financing to Metal Recovery Technologies, Inc. Now Unconditional
- Monies Dedicated to Increasing Plant Capacity -
EAST CHICAGO, Ind., April 22 /PRNewswire/ -- Metal Recovery Technologies, Inc. (OTC Bulletin Board: MRTI - news), the world's first commercial zinc recycler, announced today that it has satisfied all conditions of the previously announced financing in the form of a $3 million Zero Coupon Secured Convertible Redeemable loan from Geneva, Switzerland-based Zinc Investments Inc. (ZII) to finance the upgrade and increased capacity of the Company's zinc-recovery plant at East Chicago, Indiana.

As announced on March 28th, 1998, a conditional contract then was signed with terms to be finalized over approximately a two-week period.

As part of the unconditional terms of the contract announced today, Metal Recovery will form a new wholly owned subsidiary called Zinc Recovery (East Chicago) Inc. to run the East Chicago Plant. ZII will be entitled to two (2) seats on the new board of directors and Metal Recovery will have two seats on the board as well.

The upgrading of the East Chicago plant will begin within two weeks and take approximately 12 to 16 weeks to complete. Once complete, potential dezincing capacity will increase approximately 50 percent to 110,000- to 120,000-tons per year giving the facility revenues of approximately $23 million per annum.

''The monies received to upgrade the facility provide us with the opportunity not only to expand capacity but also streamline production without sacrificing quality,'' stated Leon J. Lohman, Senior Vice President -- Plant Production and Engineering.

Metal Recovery Technologies utilizes a patent-pending process that removes zinc from galvanized steel scrap yielding two end products: 99.8 percent pure zinc, and the highest quality reusable ''black'' scrap steel. The dezincing technology has been developed by Metal Recovery Technologies in partnership with the Argonne National Laboratory and the United States Department of Energy. Visit Metal Recovery's website at www.metalrecovery.com.

SOURCE: Metal Recovery Technologies, Inc.

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BIG DOG