Tuesday, December 05, 2006 9:37:18 PM
Thanks dig.
I can handle a quiet period, but my problem is that this company can't keep its word.
9/27/04 - B.S. example #1
"Our philosophy is that shareholders are the true owners of the company and should have direct access to any pertinent information effecting the performance of their investment. It will be Mr. Smiths task to effectively co-oridinate the process."
10/18/05 = BS PR #2
Biogenerics' Paul Smith states that, "This hydroslotter joint venture is offering perhaps the most capital efficient way to create aggressive economic returns without exploration risk. Now that we have the ability to draw down the capital required we can aggressively move forward."
The 8/9/2006 PR was the biggest example of B.S. yet.
Biogenerics Limited (Pink Sheets:BIGN) announced that joint venture partner Hydroslotter Corp. has provided a progress report on the California Grimes wells site. Hydroslotter officials report that the drilling and rigging equipment is currently working on wells No. 3 and No. 4. The Hydroslotting process to complete well No. 3 is in progress. Biogenerics has been informed that the crew will then proceed immediately to well No. 4 and initial results from the wells are expected in approximately 2 weeks.
Hydroslotter Corp. confirms that Ophelia 1 is on stream and problems earlier mentioned have been corrected and they do not expect further delays. The experience gained from Ophelia 1 will serve well to accelerate the time frame in which wells 3 and 4 are completed added a Hydroslotter official. An accurate account of all flow rates will be reported publicly after the wells are allowed a period of time to stabilize.
There is great anticipation building regarding the flow rates of wells 3 and 4 since they mirror the characteristics of Ophelia 1 which had earlier flow rates of 1450 mcfd.
A decision will be made regarding well No. 5 since preliminary evaluation is indicating the well may not be cost effective to proceed with. Biogenerics will evaluate its position to continue on with other wells located nearby that have the potential to be re-worked more efficiently producing more favorable flow rates.
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NO UPDATE YET!!! WHAT A JOKE!
And some people on here think that we should overlook this and be excited. What are they smokin'?
I can handle a quiet period, but my problem is that this company can't keep its word.
9/27/04 - B.S. example #1
"Our philosophy is that shareholders are the true owners of the company and should have direct access to any pertinent information effecting the performance of their investment. It will be Mr. Smiths task to effectively co-oridinate the process."
10/18/05 = BS PR #2
Biogenerics' Paul Smith states that, "This hydroslotter joint venture is offering perhaps the most capital efficient way to create aggressive economic returns without exploration risk. Now that we have the ability to draw down the capital required we can aggressively move forward."
The 8/9/2006 PR was the biggest example of B.S. yet.
Biogenerics Limited (Pink Sheets:BIGN) announced that joint venture partner Hydroslotter Corp. has provided a progress report on the California Grimes wells site. Hydroslotter officials report that the drilling and rigging equipment is currently working on wells No. 3 and No. 4. The Hydroslotting process to complete well No. 3 is in progress. Biogenerics has been informed that the crew will then proceed immediately to well No. 4 and initial results from the wells are expected in approximately 2 weeks.
Hydroslotter Corp. confirms that Ophelia 1 is on stream and problems earlier mentioned have been corrected and they do not expect further delays. The experience gained from Ophelia 1 will serve well to accelerate the time frame in which wells 3 and 4 are completed added a Hydroslotter official. An accurate account of all flow rates will be reported publicly after the wells are allowed a period of time to stabilize.
There is great anticipation building regarding the flow rates of wells 3 and 4 since they mirror the characteristics of Ophelia 1 which had earlier flow rates of 1450 mcfd.
A decision will be made regarding well No. 5 since preliminary evaluation is indicating the well may not be cost effective to proceed with. Biogenerics will evaluate its position to continue on with other wells located nearby that have the potential to be re-worked more efficiently producing more favorable flow rates.
=================
NO UPDATE YET!!! WHAT A JOKE!
And some people on here think that we should overlook this and be excited. What are they smokin'?
