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Microcap & Penny Stocks : Bionponics - A Cash Cow in the making!! -- Ignore unavailable to you. Want to Upgrade?

To: chalu2 who wrote (1)	2/20/1999 2:11:00 AM
From: Jimbostein	Respond to of 6

Thanks for your reply. That is an extremely good question, and one that I will bring up with the management next week. However, do note that I have recently spoken with a David, in the office, (my recall is poor on last names, but he is the "investor liaison".) In our conversation he pointed out that they intend to be a fully reporting company in the near term. I'll try to provide details on this for you next week. (I guess you could say I'm nominating myself for the job of co-liaison.) You may think that I'm crazy, but my investment strategy often times (successfully) moves beyond the numbers to intangibles. My gut sense is that this company is way undervalued at these levels, and I've got the feeling that management is extremely confident with their business plan. What determines whether or not my "gut feeling" is correct is both up to the market, and to what this company delivers. IHMO if this company can deliver 25% of what it expects, it will make anyone investing at these levels, a serious return over the next few years. (This is speculation, but earnings of a dollar or more a share should bring this up in a hurry!) I have conversed with 2 of the principles of the company over the last week or two, and have questioned them on the tardiness of their first shipment zinc sulfate monohydrate. I was assured by both, that the deliver would be happening shortly, and that any delay was caused by a minor technical problem in the equipment which was now solved. I think that once a delivery is shipped, and I'm hoping that is next week, we will have a new release. In any event I'll try to call over to Steven Schorr or David next week to get an answer to some of your excellent questions. Please excuse the length of this message, and the fact that my style of writing (may be a bit on the "tangential side".) I'm a CPA experiencing TAX season, and should really be crashing! Good Night and best of luck with your investments, whether or not they include BPON. P.S. Please be aware that my intent on this board is to simply promote a company that I believe in, and that I purchased a stake in with money that I have worked hard for. (I'm not from a "silver spoon" background.) I am a CPA and a fully aware of the repercussions of spreading misinformation about a stock. Consequently, you will get facts here, mixed in with some of my enthusiastic feelings for new favorite company. If any future readers (with more experience) feel that I am doing anything wrong, please let me know, since I'm new to the game.

To: chalu2 who wrote (1)	3/2/1999 2:12:00 AM
From: Jimbostein	Read Replies (1) \| Respond to of 6

More on BPON: Here's some follow up regarding your recent questions: I spoke with Steve Schorr on late last week. Please excuse getting this out now, but I've been swamped at work. He said that September 30, 1998 financials were available from the company, but at this point they were not audited. Evidently there will be a small loss per share. (I don't recall the exact figure, but feel free to call the company.) I then asked him about whether or not the company was planning to release audited financials. He stated that they were, and that Berg & Company of San Francisco would be doing the audit of their 12/31/98 financials. Evidently, he thought that such information should filed with the SEC in a few months. (Making them fully reporting.) He also confirmed that their controller/CEO was from a large corporate and Big Six (Coopers & Lybrand) background. (This gives them a head start in knowing how to report their financials on a GAAP basis, JMHO.) When I asked him about market makers, he stated that they had 10 of them. I requested a list, and it did show 10 MM's. I'm sure the company would fax it to you as well, if you're interested in seeing who they are. I asked him some more about the poor showing since the IPO last fall. His response was that they got off to a week start due to a very poor promoter, and lack of interest in the stock at that time. (I guess there wasn't enough news to peak anyone's interest in light of the Internet stock craze, IMHO.) I asked him about the issue of promotion and he stated that the stock would be promoted mainly by the showing of results on their operations. And that as is usually the case, the market will respond to positive earnings and growth. (He seemed confident that the results would soon speak for themselves, as delivery of the Zinc sulfate monohydrate begin, and when the accelerate due to the "ramping up to full production" after the current "optimization phase". (Evidently they are fine-tuning the process so that within a few weeks production would be at full capacity, which I believe is 5 tons per day. ) He also stated that the drying process, (the recycling process extracts zinc in a liquid state…) was the "slow step", but that they are purchasing another dryer, which should allow for significantly higher production. To address your concern about "other metal recycling companies that have gone nowhere issue." Perhaps you have a point, but according to Mr. Schorr this company has a unique patented process, which sets it apart from its predecessors. Namely, it can both extract valuable minerals, like zinc, copper, chrome and cadmium; while at the same time IT CAN DECONTAMINATE AND PURIFY THE WATER IT USES IN THE PROCESS! This provides the advantage of being both profitable, and pro-environmental. Make your own conclusion, but in my mind this is the key. I think that governments at every level will be knocking on the doors of this company to clean up many of their environmental problems. All the while they will be giving the company free minerals, which once separated using MR3 will be theirs to sell! Lastly I asked him if they planned on expanding the operation outside of Montana. (For the MR3 extraction part of the business.) He couldn't give me any details, but mentioned that they (the company) were currently involved in exploring opportunities in Taiwan and India. .