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Microcap & Penny Stocks : Benz Energy (BZG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Ontopequity who wrote (144)	4/10/1999 9:52:00 AM
From: Ed Ajootian	Read Replies (1) \| Respond to of 272

Douglas, Great to see the interest here. Look at the subject-heading on this thread for the link to the web site. Can't quite understand why they still have yet to post up any press releases after late January. For more recent press releases, go to Yahoo. Another good source for regulatory filings and press releases is SEDAR (the Canadian equivalent of EDGAR). There is a link to the SEDAR site at the Benz website. Would strongly suggest you call the company for an investor's pack. Not sure if they are including a recent newspaper article in a Mississippi paper that discusses their Oakvale Dome development. Make sure you get that too. Benz has about 34 mm shares out and the founder, Prentis T., owns something like 12 mm of them. A former insider, Don Busby, owned about 4 mm shares about a year ago. He is no longer connected with the company and it is my belief that he has been a major seller of this stock in recent months. I happen to know that he is involved with another VSE O&G company (Stanford O&G) and that company hit this huge well in California that blew out and they needed to come up with a ton of cash in a hurry --- take a guess where it came from! I've refrained from talking about this sort of stuff in the past because I didn't want to "air dirty laundry". But BZG's stock price has been hammered so badly in spite of such good news that I believe that folks need to know the reason for this. We will find out in a few weeks how many shares Busby still had at 12/31/98, when Benz issues its Form 10-SB2. Benz's CFO, Bob Herlin, bought about 25,000 shares of Benz on the open market at around C$.45 last December. Note that this was _before the Shell financing was inked and _before the Howell was logged and tested. This is a huge vote of confidence IMO.