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Microcap & Penny Stocks : bgix (biologix international ) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (322)	4/4/1999 11:42:00 AM
From: SteelerStu	Read Replies (2) \| Respond to of 498

JUST A REMINDER ON BGIX: HMM: $.40 now and worth $1.50 after buyout -- plus dividend on the IPO in a topic that's hot with a web site that's incredible -- and not to forget BGIX other interests ... Do you think I should buy !!!!!! SAN FRANCISCO--(BW HealthWire)--Nov. 12, 1998--BioLogix International, Ltd. (OTCBB:BGIX - news), reports it has received a tender offer from Internet innovator The Health Channel™ to be acquired for $10 Million. The announcement comes on the heals of BioLogix recent business reorganization and strategic initiatives into on-line healthcare information, products and services; sometimes referred to as ''e-health.'' Although subject to shareholder approval, the deal appears to be a potential windfall for both companies. Under the terms of a proposed leveraged buy-out The Health Channel™ would acquire approximately $7.6 Million in assets and nearly $1 Million in revenues; both of which are considered necessary for THC to accelerate its own proposed registration and initial public offering (IPO). At the same time, the BioLogix shareholders could receive a dramatically higher value for their current investment in the form of cash and stock worth over $1.50 per share. BioLogix is reported to have approximately 6.5 million issued and outstanding shares following completion of its recent reorganization, and is presently traded on the over-the-counter bulletin board market between $.10 and $.12 per share on a ''pre-filing'' basis.