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

To: Jim B who wrote (404)	5/31/1998 11:47:00 PM
From: Rosemary	Read Replies (1) \| Respond to of 2849

This is part of what has been said in the companies last press release: "...Energy Drilling Industries, Inc. previously announced the acquisitions of Intile Designs, Inc. and Cinema Research Corp. The Board of Directors of both companies voted for these acquisitions and the final documentation and closings should take place in the next 30 days. Upon completion of these transactions Energy Drilling Industries, Inc. revenues will be approximately $50,000,000 and profitable, with a book value per share increasing by 150 percent..." So there is something being said directly from the company.