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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (35227)	5/6/1999 5:54:00 PM
From: Sword	Read Replies (1) \| Respond to of 122087

<ENBC> Pump and Dump!! Guess who just dumped their shares? --The largest beneficial owner of the stock, Zesiger Capital Group LLC who owned 23% of the class. They filed a proxy statement today. As of today, they own less than 5%! Mom and Pops are gonna get screwed again, in my opinion. -Sword

To: RockyBalboa who wrote (35227)	5/6/1999 5:58:00 PM
From: Sword	Read Replies (1) \| Respond to of 122087

Latest SC-13G, filed today states, "This statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities." They dumped their shares today. Outsiders buy, insiders sell.

To: RockyBalboa who wrote (35227)	5/6/1999 6:19:00 PM
From: Chris land	Read Replies (1) \| Respond to of 122087

ENBC REASON FOR THE REVERSE SPLIT 1:7 Management of the Company believes that the Reverse Split is beneficial to the Company and its stockholders. The Reverse Split is being proposed primarily to prevent the Common Stock from being delisted from the Nasdaq National Market. On October 9, 1998, the Company received notice from the Nasdaq National Market that the shares of Common Stock have failed to maintain a closing bid price on the Nasdaq National Market of greater than or equal to $1.00 per share for 30 consecutive trading days, subjecting the Common Stock to possible delisting. In order to stay the delisting, the shares of Common Stock must trade on the Nasdaq National Market at a closing bid price of $1.00 per share or greater for ten consecutive trading days prior to January 6, 1999. It is anticipated that following the Reverse Split, the Common Stock will trade higher than $1.00 per share during the relevant period to satisfy the Nasdaq continuing listing requirements. However, there can be no assurance that, after the consummation of the Reverse Split, the shares of Common Stock will trade at seven times the market price of the Common Stock prior to Reverse Split. Further, the Company cannot offer any assurance that it will continue to meet Nasdaq National Market listing requirements (including the minimum bid price requirement) following the Reverse Split. If the Company's Common Stock is delisted from the Nasdaq National Market, such delisting might adversely affect the trading in and liquidity of the Common Stock. ENBC Form DEF 14A for ENERGY BIOSYSTEMS CORP filed on Nov 24 1998