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Enron Mail |
BACTROL TECHNOLOGIES (OTC BB: BCTL) MILITARY RESALE GROUP
Latest price: $1.27 MRG, as a private company with limited capital, grew 5 fold, breaking $5 Million in revenue. MRG as BCTL, a public company, has greater access to capital and to registered securities to assist in future acquisitions and expansion. MRG today announced they have increased their space 3 times. Watch for revenue to soar 3 - 5 times again. Military Market Segment Is Hot. Xcel Associates' target is $3.00. MRG TRIPLES WAREHOUSE SPACE IN ANTICIPATION OF CONTINUED RAPID GROWTH COLORADO SPRINGS, Colo.--Oct. 16, 2001--Military Resale Group, Inc. (OTCBB: BCTL) is pleased to announce it has moved from its previous 12,000-square-foot warehouse to one containing almost 33,000 square feet. This move will allow the Company to approximately triple its dry space, double its cooler space and triple its freezer space. Ethan D. Hokit, President, stated that ``many household name companies have requested that we begin to service their accounts in our current market. Consequently, we continue our planned multiphase expansion to serve the Military Resale Market. Military Resale Group, Inc. is negotiating with several companies to obtain new business and anticipates showing continued growth in sales, which the new warehouse would accommodate.'' In 1999, Military Resale Group, Inc. was housed in a 2,500- square-foot warehouse and a few months later acquired another 2,000 square feet. In October 1999, the Company acquired another 7,500 square feet, bringing its total to 12,000 square feet. This space was adequate until a few months ago, when it became evident that more warehouse space was needed to support the growth that the Company is experiencing. Military Resale Group, Inc. (MRG) was incorporated in 1997 when it acquired a 50-year-old distributor to the Military Resale Market. At that time MRG's annual sales were $750,000, and they have since soared five-fold in three years to $4.5 million in 2000. Military Resale Group is now a publicly owned company as a result of its recent acquisition by Bactrol Technologies, Inc. (OTCBB: BCTL). The Military Resale Market is a $15 billion niche market, with 13,000,000 authorized patrons, which operates under the aegis of the Defense Commissary Agency (DeCA), a Department of Defense agency. The DOD's objective, in this area, is to operate resale store systems, which sell groceries (at commissaries) and general merchandise (at exchanges, i.e., PXs) at the lowest possible prices. The resulting average cost savings of about 25% are a major fringe benefit (untaxed) to military personnel. The competitive structure of the Military Resale Market consists of a few large distributors, who do not dominate the industry, and hundreds of small ones. The post- acquisition strategy of MRG is to grow, primarily, by acquiring other small distributors and, secondarily, by internal growth. Safe-Harbor Provisions Some of the statements contained in this press release discuss future expectations, projections of sales, results of operations, financial conditions or licensee production or state other ``forward-looking'' information (as defined in Section 21E of the Securities Exchange Act of 1934). Such information can be identified by the use of ``may,'' ``will,'' ``should,'' ``expect,'' ``anticipate,'' ``estimate,'' ``continue,'' or other similar words. These statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated by the statements. When considering such forward-looking statements, the reader should keep in mind these risk factors and their possible implications. The Company believes that the information contained in its press release was accurate as of its date of publication. The Company disclaims any obligation to update information it has released. Certain pages of this release may appear on a website which contains links or frames to sites operated by third parties. The Company assumes no responsibility for the accuracy or completeness of information on such third-party sites. Contact: Military Resale Group, Inc., Colorado Springs Ethan D. Hokit, 719/391-4564 EDHokit@aol.com For additional free information, visit: XcelAssociates.com IMPORTANT NOTICE AND DISCLAIMER: The purpose of this advertisement, like any advertising, is to provide coverage and publicity for the advertising company, its products or services. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Verify all claims and do your own due diligence. 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Under no circumstances shall we be held responsible or liable, directly or indirectly, for any loss or damage caused or alleged to have been caused in connection with the use of or reliance on any content, goods, or services available on such external site. Any concerns regarding any external link should be directed to its respective site administrator or webmaster. We may refer to other sources of information, or other commentary. We intend to offer these items to readers as additional sources of information, but disclaim any implication that we endorse information contained in such outside sources. Any referral by us is no guarantee of the accuracy of any information provided by outside sources. As we disclaim any representation concerning source reliability, readers must contact information suppliers on their own and gauge to the reader's satisfaction the truthfulness of any source information. It should be understood that there is no guarantee past performance will be indicative of future results. Any reference to past performance(s) of companies previously advertised are specially selected to be referenced based on the favorable performance of these companies and the companies referenced may not be representative of all past advertised companies as not all past advertised companies may have performed as well. Readers are cautioned that small and micro-cap stocks are high-risk investments and that they may lose all or a portion of their investment if they make a purchase in our advertised stocks. In order to be in full compliance with the U.S. Securities Act of 1933, Section 17(b), we have received a total of 30,000 free trading shares of Bactrol Technologies, Inc. from Xcel Associates, Inc. as compensation for the distribution of this and other advertisements. 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All information within this advertisement is qualified in its entirety by the detailed information and financial statements of the advertised company contained in its regulatory filings with the SEC. ================================================================================ You are subscribed as: jeff.king@enron.com To unsubscribe, visit http://www.crmems.com/mail/unsubscribe.asp?email=jeff.king@enron.com (If you are an AOL user, copy and paste the URL into your browser window.) ================================================================================
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