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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (2752)	9/13/1998 3:53:00 PM
From: Janice Shell	Read Replies (1) \| Respond to of 4814

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. Well. I'm afraid this dramatic increase in book value (based on what FIGURES, here we go again) hasn't been reflected in the stock price of IDES: Date range: From May 29, 1998 to September 11, 1998 Price range: Low: 0.25000; High: 0.46880 Current price: 0.25. Love those pink sheets.