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BIGN.PK

Started by saffeysite1, May 25, 2005, 12:00:54 AM

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dhiraj19

today's chart. Comparative significant volume happened in that move from previous days.

Kublakhan


http://www.pinksheets.com/quote/finance.jsp?symbol=BIGN


BIGN: Q4/05 shows first Net Income profit!

From the 2005 annual and the Q3/05 quarterly reports filed on pinksheets.com.

Income for the full year was $316,124 and for the 9 months ending Q3 was $178,573. Therefore Q4/05 income was $137,551.

Net Income for the full year was $(237,580) and for the 9 months ending Q3 was $(254,301). This means there was an overall decrease in losses for Q4/05, therefore Q4/05 Net Income was $16,721.

The Grimes #1 well coming online in September made BIGN profitable for the first time in Q4/05! Every new well from here on will add directly to the profits! I can't wait to hear the news on Grimes #2 which should be any day which will be followed by Grimes #3, #4...

runforthedoor


  I have read that they are finally in the process of slotting wells, and that a PR on this and their progress should be out by wed....this is from a shareholder who has visited the site the last week or so. Alot of people have been watching this stock, waiting for some real data to come in, and some have started buying in the last few days. Anyway, if this is all as stated, all should at least monitor BIGN closely....they supposedly have alot of wells to slot, and now that they have started, the progression should move very quickly, and the PR's may do the same....it just may be what we all thought it might be....a BIG mover...we'll see soon enough.  ;D

twodachsie

Hey, run. I've been following the IHub BIGN site too. Been holding since last November. Sold off some since then just to reduce risk exposure, as this one has been disappointing since then. Am hoping patience will pay ... Current sitting on 224k shares @ ave .029. GLTA
Weiner dogs secretly rule the world!

dhiraj19

Same here. It was elite's pick in Nov. I am in @ 0.295. Story remains same: break 0.034 barrier with sustained high volume and you see classic G pattern.
End of last week, some movement with higher volume happened, but yesterday and today, everything seems to be back at same place. ( anemic volume with price pressure downward).

Waiting.

- Dhiraj

dhiraj19

With the news: No action:  ???
Tyche Energy Inc. Commences Production at Charring Cross Property

March 21, 2006 15:00:17 (ET)

TORONTO, Mar 21, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (the "Company") (Pink Sheets:BIGN) announced that Tyche Energy Inc. ("Tyche") advises it has commenced production at its Charring Cross property located in Harwich Township, Kent County Ontario. The RPI#7, Harwich 1-1-18-IV WCR well was placed on stream at an initial production rate of 72 MCFD at 154 psi flowing wellhead pressure. Daily production rates will be increased over the next week to a targeted daily production rate of 200 MCF.

Tyche holds a 65.00% working interest ("WI") before payout ("BPO") and a 48.75% WI after payout ("APO") of pipeline and facilities construction costs. Natural gas wellhead prices have fallen from recent highs of over CDN$16.00/MCF in October 2005 to CDN$7.83/MCF in March 2006. The latest independent industry price forecasts project gas prices to average between CDN$11.65 (Sproule & Associates) and $12.67/MCF (GLJA) in 2006.

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.

About Tyche Energy, Inc.

Tyche Energy operates exploration projects through joint ventures in the Appalachian Basin and owns interests in a number of petroleum and natural gas leases in Elgin, Middlesex, Lambton, Kent, and Essex Counties, Ontario. In addition to its main operating focus, the Company is actively exploring projects in the Appalachian and Michigan Basins.

Tyche Energy's strategy is to grow through exploration and development of oil and gas reserves in its core area and through the acquisition of under exploited properties, reserves and companies that will complement its growth objectives. Tyche Energy's primary long-term goals are to develop a high-level of sustainable production which can be directly marketed to the expanding Eastern North American market and resulting in a high-degree of profitability and cash flow.

Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission. Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited

Biogenerics Limited 
         Dale Boyd, Investor Relations 
         (905) 714-9422 
         www.bignltd.com 

(C) 2006 PRIMEZONE, All rights reserved.

Kublakhan

#96
This friday is March 24th - the day the Tyche Energy share dividend is to be awarded.

Anyone know what the symbol for Tyche Energy Inc. is?

Any speculation as to what the valuation of each share will be?

Kublakhan

How long will it take to get the dividend?

dhiraj19

How will the shareholders know, if they got the shares? Any notification or stock symbol? No idea of what is going on with this stock.

dhiraj19

I have never seen a share like this.. News trickling out like their natural gas pumping. But no interest in market or from investors. Stuck after news at .0215.

Even tomorrow if news is that British Petroleum is buying them for billions of dollars or Natural gas price has risen to 100$, damn stock price will still be stuck there.... BIGN is of its own kind.
FRUSTRATED. Nothing else.

TORONTO, Mar 28, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited's (Pink Sheets:BIGN) strategic alliance partner, Hydroslotter Corporation, is pleased to announce that it has completed its preliminary valuation of the initial Grimes well, which revealed a commercially viable source of natural gas. Accordingly, Hydroslotter Corporation is endeavoring to link the Grimes source to commercial pipelines by April 1st, 2006. Please be advised that the flow rates for the initial Grimes well will be announced shortly hereafter.

Hydroslotter Corporation has also outlined its goal to commence slotting two other wells this week at its Grimes property in an effort to further increase natural gas production. Stemming from the prolific production of natural gas in the Grimes region from years past, Biogenerics and Hydroslotter Corporation have an excellent opportunity to increase natural gas reserves in California and other areas of operation across the United States.

In regard to the update on the stock dividend previously announced, which specified assigning one (1) share of Tyche Energy Inc. to every thirty (30) shares of Biogenerics held by our shareholders as of record December 20, 2005, and payable on March 24, 2006, those shareholders should be receiving their shares within the next two (2) to three (3) weeks depending on the current mailing addresses provided and mailing times.

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy Inc. and Hydroslotter Corporation.

About Hydroslotter Corporation

Hydroslotter Corporation's, proprietary technology deemed "hydroslotting" increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.

Forward Looking Statements

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of Biogenerics Limited may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited

Biogenerics Limited 
         Dale Boyd, Investor Relations 
         (905) 714-9422 
         www.bignltd.com 

(C) 2006 PRIMEZONE, All rights reserved.

Kublakhan

QuoteIn regard to the update on the stock dividend previously announced, which specified assigning one (1) share of Tyche Energy Inc. to every thirty (30) shares of Biogenerics held by our shareholders as of record December 20, 2005, and payable on March 24, 2006, those shareholders should be receiving their shares within the next two (2) to three (3) weeks depending on the current mailing addresses provided and mailing times.

What? They're going to mail them?

Kublakhan

News, but nothing exciting

QuoteBiogenerics Announces Location of New Head Office
Wednesday April 5, 10:30 am ET

TORONTO, April 5, 2006 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News) announced today the location of its new head office, which will be relocated to 1520 Rice Road, Suite 200, Tyler, Texas, 75703. Not only is the Tyler head office an indicator of Biogenerics growing presence in the oil and gas industry, it also a reflection of the company's growth strategy which focuses on the employment of its strategic partners proprietary technology, such as Hydroslotter Corporation's enhanced oil recovery techniques in existing wells.

The state of Texas currently produces more than three times the natural gas than any other state and its continued energy production remains crucial to the success of the U.S. government's domestic energy mandate. Accordingly, Biogenerics move to Tyler will place the company in a prime position to increase oil and gas production in state of Texas as well as a platform to expand into other surrounding states with the goal of facilitating the U.S. government's domestic energy directive.

About Biogenerics Limited:

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

About Hydroslotter Corporation:

Hydroslotter Corporation's proprietary technology deemed ``hydroslotting'' increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.

Contact:

          Biogenerics Limited
          Investor Relations
          Dale Boyd
          (905) 714-9422
          www.bignltd.com

Kublakhan

Huh?  I don't get it.  Why would paying the dividend on the original date have resulted in dilution?

Bleh, I don't care.  I just want my dividend and the share price to get back up around .03 again so I can minimize my losses.

QuoteBiogenerics Announces New Record Date for Special Dividend
Wednesday May 3, 4:15 pm ET

TYLER, Texas, May 3, 2006 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News), regarding the previously announced dividend and subsequent discussions with the NASD, announces that certain components of the Tyche transactions could not be completed in time to meet the 10-day notification requirement under SEC Rule 10b-17 and still maintain the record date for the Special Dividend previously announced as December 20, 2005. If Biogenerics were to maintain the record date of December 20, 2005 certain closing transactions not completed at this time would have caused substantial shareholders dilution if closed after the ex-dividend date.

Biogenerics has informed the NASD that it would delay the record date for a short period of time in order to complete all aspects of the Tyche transaction before the special dividend payout to insure its objective of long-term shareholder value. Biogenerics accounting advisors have now determined that all components of the Tyche transaction have been completed in its entirety to comply with all aspects of SEC Rule 10b-17. The new record date for the Special Dividend will be on May 19, 2006 with a payment date of June 2, 2006.

Biogenerics CEO Gary Kelley stated, ``While Biogenerics understands that its shareholders are anxious for this transaction and special dividend to conclude, Biogenerics did not feel by keeping the record date of December 20,2005 and declaring the dividend would have provided short-term satisfaction to most shareholders; the same shareholders would have been deeply affected long term by having certain closing conditions conclude post dividend, decreasing long-term shareholder value and/or increased dilution.'' Biogenerics is confident that this short-term postponement of the record date has benefited shareholders long-term value for both Biogenerics shareholders and future holders of the Tyche common stock.

For further information: http://www.bignltd.com

Kublakhan

My wish might be coming true.  Up 30% to .026  8)

somebody041

Finally, BIGN.PK is heating up!