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Microcap & Penny Stocks : Dragon environmental----drev -- Ignore unavailable to you. Want to Upgrade?


To: Loren S. who wrote (312)5/9/1999 8:09:00 AM
From: onza  Read Replies (5) | Respond to of 372
 
DREV NEWS: Monday I will be buying more DREV as huge news is expected out this week. I spoke to them on Friday, they are just waiting for the release to come back from their Attorneys office. I am expecting the stock price to run in anticipation of the news. DragonEnvironmental Corp. Had conversation with Basil Meecham CEO he is really excited about what is going on in the last 3 weeks. The company holds 7 patents for the Sand Dragon including a Process patent. The Sand Dragon removes sand and grit from sewer treatment plants they are the only company with this process. Tanks have to be cleaned every 5 years so this represents repeat revenues for the company . The profit margin is %70 and right now they have a 6 month backlog. 2 new machines are on order with funding to be finalized this week.Authorized shares 50mil. issued 40mil. float 20mil. NO REVERSE SPLIT>Will file with SEC within 90 days. Plans are to go International. Goal is to have stock listed on Nasdaq small cap by year end, feels they will have all requirements met including stock price. Expecting BIG news release that could send stock soaring.