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They better get their act together and get us a PR soon. Tax write off season is too close for comfort.
I'll believe it when I see it..
A agata gotova had a lavish birthday party at the 4 seasons in Beverly hills on Saturday. I know because I was visiting possible wedding halls saw her name on the list. Now you know where the money is being spent on lavish birthday parties and celebration with shareholder money..
disappointed
arghhhhh
Trading this morning is unusual...
guesstamations are nice. I want to see something I can sink my teeth into.
There are soo many + things they are working on they are gonna have to deliver on at least one of them. Delivery on any one of their promises will raise the stock price dramatically. Although, sadly I got in at .027 average I do see light at the end of the tunnel. The end of the tunnel appears soon. I am just tired of la la la pr's of " any day now" and am waiting for the real deal.
Has anyone tried to contact these folks. I have e mailed them twice and have not response to date.
I have heard this talk so many times that all I have to say is I'll have to see this to believe it. Gotten stepped on tooo many times by evil pinkies
Doing some of my homework I am wondering what some of you longs think of this PR that was put out on October 14,2006. Is this really gonna happen or in the process of happening?
any thoughts appreciated.
Biogenerics Expands on Earnings Forecast for 2006
Distribution Source : PrimeZone Media Network
Date : Friday, October 14, 2005
NEW YORK, Oct. 14, 2005 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN), with its joint venture partner Hydroslotter Corporation, are forecasting a minimum 120 wells to be slotted in 2006.
The cost of slotting these projected wells weighs in at approximately US$200,000 per well. With economies of scale, we can reduce those costs. Given that the estimated slotting cost is returned in 30 days, the cash flow outlay to grow is minimal.
For example: The current Grimes, Calif. well, now in production, is forecasted to have a life of 5-10 years. Four additional wells are being slotted in conjunction with the Grimes, each at 5-10 years. The costs and time to slot four wells is 10 to 14 days and will have a 25% reduction in outsourced service charges.
We expect each of our five wells to be tied into the same meter site and expect combined flow at 2,500,000 MCF.
The projected cash flow will cover expenses in 30 days. We then receive net 40% of the flow after costs are repaid. That would register at US$10,000 per day.
Upon each of the forecasted 120 wells in full production, in conjunction with alternate wells coming on stream in 2005, we will have a daily cash flow of US$240,000. Ultimately, these wells will produce US$87,600,000 annually.
For the reason that we are not slotting all available wells, in week one after costs, we expect US$43,200,000.00 in profits for 2006 from the Hydroslotted wells.
Our strategy suggests 10 new wells per month in 2006. In 2007 we expect to double that to 20 wells per month.
Bearing in mind that when dealing with the oil and gas sector, delays may occur, prices may fluctuate, and thereby management accounted for the risk factor discounting the guidance by a factor of 35%.
Biogenerics does not forecast earnings from the New Mexico joint venture in this forecast because it is currently unquantifiable.
futrcash, many many thanks for the info. I appreciate it.
How would you compare a company like BIGN to one like FDEI. I received a mailing from FDEI folks a year ago and seems like they have significantly moved down since. No mailing on BIGN, thats a good sign to me.. so far.
Any thoughts? Oh by the way FDEI is a natural gas play I have watched plummet for a while.
Thanks
Digforgold of what value is it if one MM is on the ask at .11?
What is a decent entry point for this stock? i'm at .028 but am wondering if its worth averaging down.
I have emailed IR twice, both times they said they will be updating us with a PR shortly. Mind you this was on August 31st immediately prior to the PR. I asked when they would update us and they responded, "you just got one and we follow up with more," and when I asked for further clarification about the pr and when they would further clairfy the deal they responded, "Well you know what we are doing now so , sooner than later. Its all there....just needs to conclude"
They promptly responded. From the way it sounded, they should be getting back to us soon. I think bign is going to rock and roll...
HAHA MENT 11 am.. westcoaster up early
a Nice 10 AM PR would be nice..
no official clarification on RS yet?
Still hedging on that PR today arch?
I have gotten 3 responses from IR stating news is on the way soon. Sounded like possible next week. Looking to pick up another 100k shares
All IMHO
What kind of a gain are most expecting from Bign?
Avg down to .027 today. Hope this thing starts blasting off soon.
Answer to question to IR
Well you know what we are doing now so , sooner than later. Its all there....just needs to conclude
"xxxxxxxxx@xxxxx wrote:
Thank you kindly,
When do you think investors can expect “more.”
Thanks again
dsjckkd
Just got this from IR: I asked if they will have any news coming out.
"you just got one and we follow up with more"
Best to all
No updates since an e mail was sent out about the reverse split? wow...
whats going on here
News Tomorrow? Really?
What could be delaying them from announcing the reverse split. I have e mail confirmation of it.... Things that make you go hmmmm...
Madman, I am a straight shooter. I have been patient with a average price per share of .0043. If this company did not screw around soo much with the reverse split they would have gone even higher... Soo, I think much investor confidence is lost. All I know are the facts. At this time all else is speculation until the company proves diffrently, which it doesn't seem they care to do... I have lost a signficant amount of money here and hesitantly waited but enough is enough
I'm getting out of this junker ASAP. I am not a basher but disappointed in saying this is all a bunch of false promises and hope over and over
Haha Long Term and Pink sheets are opposites. No such thing exists
As much as Jorro's comment drive me nutz as well the only thing tha will prove him wrong is an improvement in the stock price and confidence in ken and James... The latter I have yet to see...
Jorro, Anyone who lost money was used no less and no little. Money is money
Jorro they are both retarded....I am in full agreement
I think everyone should stop breathing down James is neck. He seems to know nothing about anything and start breathing down this Ken guys neck..... He seems to be the one most responsible for destroying our stock value.
They are all at the IPRE board
At least he keeps all those who talk about .20 cents before you know it to a down low... :)
Make sure to completely eliminate those evil Trans fats and partially hydrogenated oils that are poision for the heart and whole body! Glad to hear you feel ok :)
I would say in addition to the anticipation of SIIR film and festival, someone knows some good news.
Reallllllly like the green today...
Correct me if I am wrong but most penny stocks seem to be get in get out.. There is no such thing as a long term penny stock... Although I am betting and hoping Imperia will prove me wrong, every stock that I have held on to that is a penny has died... miserably.....
Want to spend more time investing but want to know those of you experienced in trading have any advice. I value and read most of the input on this board.
Thanks