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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: Far Side who wrote (2305)	12/18/1998 7:21:00 PM
From: StockDung	Respond to of 3458

Asensio & Company: Turbodyne Makes Futile Attempt to Gain Credibility NEW YORK, Dec. 16 /PRNewswire/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities Dealers, CRD number 31742: Turbodyne Technologies, Inc. (OTC Bulletin Board: TRBD) has not served any lawsuit or notice of lawsuit on either Asensio & Company, Inc. or Manuel P. Asensio, its Chairman, President and Chief Executive Officer. Turbodyne is a former-Vancouver shell company. Asensio & Company disclosed through its research reports that the alleged technology that Turbodyne claimed to have billions of U.S. dollars in sales potential was merely an electric-motor-driven supercharger acquired for $500,000 in penny-stock. Asensio & Company also discovered that Turbodyne had issued false statements concerning the United Nations Flag Technology Program. In announcing a lawsuit against Asensio & Company, Inc. Turbodyne has merely joined the ranks of numerous other exposed stock promotions that resort to legal maneuvers as a last ditch effort to perpetuate their schemes. This report should not be construed as an offer to sell or solicitation of an offer to buy any securities. Opinions expressed are subject to change without any notice. This report has been prepared from original sources and data which we believe to be reliable but accuracy is not guaranteed. This research report was prepared by Asensio & Company, Inc., whose stockholders, officers and employees may from time to time acquire, hold or sell a position in the securities mentioned herein. Asensio & Company, Inc. may act as principal for its own account or may sell or buy to or from its customers the securities described herein. Asensio & Company, Inc., may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in this report or its affiliates. SOURCE Asensio & Company, Inc. CO: Asensio & Company, Inc.; Turbodyne Technologies, Inc. ST: New York IN: SU: 12/16/98 13:52 EST prnewswire.com