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To: Due Diligence who wrote (4713)8/18/1998 9:21:00 PM
From: Frank Fontaine  Respond to of 9440
 
Thanks Jimbo, I'll take a look.
Frank



To: Due Diligence who wrote (4713)8/19/1998 12:42:00 PM
From: musicguy  Read Replies (1) | Respond to of 9440
 
TO ALL: Freerealtime quotes has been randomly giving old quotes and is unreliable today. I have had erroneous bid prices, asks, and volumes on several stocks. Be careful and doublecheck with other sources... in one case the info is over a month old (MDIX)

MG



To: Due Diligence who wrote (4713)8/20/1998 7:29:00 AM
From: LaShark  Respond to of 9440
 
Beacon Light Holding (BLGH) ** News **

New Equipment and Molds Purchased
Business Wire - August 19, 1998 17:13
STAMFORD, Conn.--(BUSINESS WIRE)--August 19, 1998--Beacon Light Holding
Corporation (OTC-BB: BLHG) announced today that its subsidiary, Beacon
Light Xinhui Plastics Corp. has purchased from the creditors of PSN
Group from the Netherlands and the court in Xinhui, Peoples Republic of
China, ten additional plastic injection machines for its factory plus
molds needed in the production of various plastic products valued at
approximately one million US dollars. Beacon Light Xinhui was able to
reach this agreement after lengthy negotiation in China by its
president, Jerry Gruenbaum with the help of Fukman Yip another Beacon
Light board member, a representative of the Company's CPA firm in China
and the special help of Mr. Pan Jian-Wei, Director of the People's
Government of Xinhui City GuangDong, Foreign Investment Introduction
Office.

The machinery and molds are currently in the Beacon Light Xinhui factory
set up and ready for production. According to the Plant Manager, Meng
Tian, the most valuable part of this purchase is the molds. These newly
purchased molds will add to the existing supply of molds already being
used for production in the factory. The new molds include 20 sets made
in Holland for the production of food containers of various sizes and
shapes. Also from Holland are molds for the production of plastic window
blinds. And from China molds for various other products including salad
spinners, waste baskets, mixing bowls and a beverage cup. These molds
fit both the existing plastic injection machines operating in the
Plastics Factory, as well as the newly purchased plastic injection
machines. All of the plastic injection machines were manufactured in
Germany.

Safe Harbor Disclosure

This Press Release contains or incorporates by reference
"forward-looking statements," including certain information with respect
to plans and strategies of Beacon Light Holding Corporation. For this
purpose, any statements contained herein or incorporated herein by
reference that are not statements of historical facts may be deemed to
be forward-looking statements. Without limiting the forgoing, the words
"believes," "anticipates," "plans," "expects" and similar expressions
are intended to identify forward looking statements. There are a number
of important factors that could cause actual events or actual results of
Beacon to differ materially from these indicated by such forward-looking
statements.

For further information about Beacon Light, please contact Jerry
Gruenbaum at 203-921-0310 or go to www.blhg.com

CONTACT: Jerry Gruenbaum, President
gruenbaum@blhg.com
Phone: 203-921-0310 Fax: 203-921-0361