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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?


To: Terry D. who wrote (2194)11/20/1998 10:55:00 PM
From: Tom R. Jones  Respond to of 2395
 
Terry: One question and a comment.

1) Has anyone seem a quarterly report from BICO? Normally, these reports are due on November 15.

2) I looked at the web page of the May West Group. It looks like another Baytree Associates to me. For those who do not know, Baytree is a Reg S loan shark. However, I am curious if anyone knows for sure what May West Group does.

Regards, Tom



To: Terry D. who wrote (2194)11/21/1998 9:17:00 AM
From: Jim Andrews  Read Replies (3) | Respond to of 2395
 
To All,

Nov. 19, 1998--Biocontrol Technology Inc. (OTC BB:BICO - news) announced today that the company has received a $10 million equity line of credit (LOC) arranged by the New York City-based May Davis Group investment banking firm.

What investment banking firm is in the business to lose money?
What investment group would throw $10 million at a company with no future?
Before tossing that kind of money around, someone in the May Davis Group would surely do some homework.

Long time long on BICO.......Jim