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Microcap & Penny Stocks : EDII -- Ignore unavailable to you. Want to Upgrade?

To: Rosemary who wrote (396)	5/31/1998 8:11:00 PM
From: vic vreeland	Read Replies (3) \| Respond to of 2849

soooooooooooooooooooooooooo is icvi and edii the same co joe gort mentioned here joe gort mentioned on icvi edii acqueren going to check northern plastics next what does all this dd mean we are going to have a rocket ride or .... KEMAH, TEXAS (May 11) BUSINESS WIRE -May 11, 1998--Energy Drilling Industries Inc. (OTCBB:EDII) announced today the company arranged for a line of credit with SouthWest Bank of Texas. The bank funded $800,000 to one of the subsidiaries of Energy Drilling Industries Inc. The bank loan limit to one customer is $18,000,000. Energy Drilling Industries Inc. intends to use additional funds of its line of credit to acquire three previously announced acquisitions, Acqueren Inc., Cinema Research Further, the company announced that it has moved its corporate headquarters to 601 Hanson Rd., Kemah, Texas. <p> Daniel Dror, chairman of Energy Drilling Industries Inc., stated that the company has five divisions: industrial, financial, oil and gas, real estate and entertainment. Energy Drilling Industries Inc. assists its subsidiaries to build each division in its own field. <p> For more information, please contact Energy Drilling Industries Inc. at 601 Hanson Rd., Kemah, Texas 77565-2701. Tel: 281/334-4764 Fax: 090. <p> CONTACT: Investor Relations <p> Joe Gort, 800/778-9204 <p> or <p> George Guttman, 718/951-0260 <p> KEYWORD: TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY REAL ESTATE ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet