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Microcap & Penny Stocks : ERES - Energy Resources/Cox/Vitsab - Freshtags -- Ignore unavailable to you. Want to Upgrade?

To: Micropicker who wrote (1)	6/11/1998 5:57:00 PM
From: Micropicker	Read Replies (2) \| Respond to of 7

Shares Issued, etc. There were 19,905,188 shares issued as of last July. Approximately 14 million are beneficially held by insiders, so the float is about 6 million (I'm guessing). The last quarter of the fiscal year ended on April 30, 1998, so we are likely to see the annual report issued shortly. Realistically, the company should not have any big surprises either up or down. The next movement of the company will come from either a test agreement or an actual production agreement for the Vitsab/Freshtabs products. If strong sales of Cox instruments comes through, it would also help. The company recently moved from Phoenix to North Carolina. Being in the one of the hot beds of technology on the east coast should help the company as well.

To: Micropicker who wrote (1)	6/12/1998 12:50:00 PM
From: rustyjack	Respond to of 7

Here's the complete release... Wednesday June 10, 8:01 am Eastern Time Company Press Release Cox Technologies Inc. to Manufacture and Market "FreshTags" - a New Breakthrough Food Monitoring Technology BELMONT, N.C.--(BUSINESS WIRE)--June 10, 1998--Dr. James L. Cox, president of Cox Technologies Inc. (OTC BB:ERES - news), announced Wednesday that the corporation has received approval from the NIH Office of Technology Transfer to acquire commercial license rights from the Food and Drug Administration (FDA) to patented key technology. The technology developed over a period of four years at the Jefferson National Laboratories for the FDA, will be used by the company to create small inexpensive tags or labels which can detect the early signs of the loss of freshness in seafood. The company will be marketing the technology in a series of product forms, all under the trademark ''FreshTag(TM)''. The tags actually ''sniff'' certain key chemicals and respond with a color change from white to a bright pink. The company plans several ''FreshTag(TM)'' trials with major supermarket chains and food service organizations over the next two months, Cox noted. These trials will initially focus on testing frozen shrimp that are thawed prior to consumer sale. This has been a major problem for the market managers or food service personnel to determine if the frozen shrimp are really fresh. The tags can detect early signs of decomposition, and so warn of bad conditions while they can be caught and corrected. ''FreshTags(TM)'' accomplish this by minute traces of the chemical trimethylamine (TMA). TMA signals the onset of fishy odor and other aspects of seafood spoilage. ''FreshTag(TM)'' technology is a platform that can be extended to the detection of other volatile compounds of significance to the food industries, Cox noted. Cox stated, ''The applications of this technology are greater than just testing for the freshness of shrimp. We are exploring the full range of applications to food processing, inspection and eventual consumer packaging.'' Although the company will initially pursue sales in the U.S., the FDA license is for worldwide sales, noted Cox. Cox Technologies information is available at their website: www.cx-en.com. Contact: Cox Technologies Inc., Belmont Dr. James L. Cox, 704/825-8146 704/825-5128 (Fax) cxen@loclnet.com