marketing22 on 14 Nov 2000 10:30:08 -0000


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[Nettime-bold] KONLIN Letter Sets $4 - $5 Target On NU ELECTRIC (NRGE) 24518


Title: THE KONLIN LETTER

KONLIN Letter Sets $4 - $5 Target On Nu Electric (NRGE)

Nu Electric Corporation

THE KONLIN LETTER

Nu Electric Corporation (NRGE - OTCBB - 1 1/2) is an incubator company that identifies, acquires, develops, and markets emerging technologies that conserve energy and protect and enhance the world’s natural resources. NRGE recently acquired Clean Water Technologies, Inc., which gives NRGE exclusive worldwide license to its proprietary technology (developed at the University of South Florida by Dr. Dagmar Bonnin) for the removal of arsenic from drinking water using zeolite minerals. Recent studies show arsenic to be even more toxic than was previously thought, which prompted the EPA to classify arsenic as a human carcinogen. The EPA is proposing (by January 2001) to lower the maximum allowable concentration level of arsenic for drinking water from the present 50 parts per billion (ppb) to 5 ppb or less. This will meet the new proposed standard intended to protect consumers against the effects of long-term, chronic exposure to arsenic in drinking water. The new standard will apply to all 54,000 community water systems, serving approximately 254 million people.

NRGE has also recently acquired Zorax, Inc., which owns the exclusive worldwide license for a technology that extracts and identifies dangerous Cryptosporidium and Giardia, two waterborne parasites that can cause serious gastrointestinal problems. NRGE, a fully reporting company with no long-term debt, has yet to record revenues, but is emerging from the current development stage and should become a profitable company in a multi-billion dollar market. Of the
4,712,855 shares outstanding, insiders hold 34%. The stock has pulled back on top of support in the 1 1/4-1 1/2 area where we would Add/Buy for a 1st objective up into the 4-5 area.

NRGE has entered into a licensing agreement with GSA Resources, Inc. to act as the exclusive sublicensee for the manufacturing and marketing of NRGE’s superior state-of-the-art zeolite patented technology for the removal of arsenic from drinking water for the next 20 years. Buy for an ultimate target up into the 9-10 area.

Please take the time to visit the Nu Electric Web Site for complete reports and
additional details: Nu Electric Web Site


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DISCLAIMER: The KONLIN LETTER is a monthly newsletter with a 22 year track record, mailed first-class to subscribers at a cost of $95 for one year. It does NOT charge or accept fees for writing about any of the stocks that are researched. The cost of this mailing has been paid for by a shareholder, who may buy or sell shares at any time. Purchase of this stock may be considered speculative, and may result in the loss of some or all of any investment made.

   

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