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Microcap & Penny Stocks
ICCN (Integrated Carbonics Corporation)
An SI Board Since January 1998
Posts SubjectMarks Bans Symbol
193 4 0 ICCN
Emcee:  FARRIS Type:  Unmoderated
This should be interesting to say the least.
This is an entirely new company created out of the PLRN shell.
Web site -- www.integratedcarbonics.com
Here is the first press release:

NEWS RELEASE

For Immediate ReleaseJanuary 6, 1998Trading Symbol: ICCN (OTC:BB)
JOINT VENTURE PARTNERSHIP ESTABLISHED IN CHINA

Integrated Carbonics Corp. announced today that it has entered into a Sino Foreign Equity Joint venture with the Liumao Graphite Group of Heilongjiang province in the People's Republic of China.

The joint venture is established for the construction and operation of a value added graphite processing plant located at the sight of the Liumao Graphite Mine near Jixi, China. The plant will produce higher value graphite products than those currently produced at the mine. The end products will then be sold to world markets at values ranging from US$3,000/ton to US$15,000/ton depending on the processed product. The Company is an 80% equity holder in this 30-year joint venture. The joint venture is targeting initial annual production of approximately 3,000 tons per annum (TPA) of high purity graphite with a market value (by current standards) in excess of US$30 million. The Company's joint venture partner, Liumao Graphite Group, is China's largest producer and exporter of graphite flake with current production of 36,000 TPA and reserves of 350,000,000 tons containing 13.8% graphite.

The market is driven by the demand for production materials that are lighter, stronger, more resilient, more conductive, less corrosive and tolerant of temperature extremes. Natural high purity graphite fills these criteria for many industries including the auto, computer, sporting goods, aerospace and artificial diamond industries. The world market for graphite products was estimated by the US Government to be $5.5 billion in 1991. Integrated Carbonics Corp. acquired this joint venture asset from Da-Jung Resource Corp. as part of a purchase of certain of Da-Jung's assets in the People's Republic of China. The Company also acquired Da-Jung's Mineral Exploration Rights in joint venture with the Heilongjiang Bureau of Geology. The total consideration for these assets was 6,150,000 consolidated common shares, which are restricted under Rule 144, plus US$200,000 to be paid under scheduled repayment terms.

PRIVATE PLACEMENT

The Company further announced that it is undertaking a Private Placement pursuant to exemptions from registration provided by Section 3(b)Regulation D and Rule 504. The Company will raise a total of US $989,000 through the sale of 2,300,000 units at a price of $0.10. Each unit consists of 1 share purchase warrant exercisable at a price of $0.33 for a period of six months from the close of the offering. The financing will be used in part for detailed engineering design of the Phase 1 plant construction, partial payment to Da-Jung for the acquisition and for general working capital.

Integrated Carbonics Corp. is a Nevada company formerly known as PLR, Inc. Among several resolutions passed at a Special Meeting of the Shareholders, the Company name was changed to Integrated Carbonics Corp. to reflect a change in the business focus of the Company. Resolutions were also passed to approve the transactions between the Company and Da-Jung as well as approve a reverse stock split of 100:1. The issued and outstanding shares of the Company as of the date of this News Release is 6,795,000 shares of which 6,150,000 are restricted under Rule 144.

Statements made herein are forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those related to business conditions and the financial strength of the graphite industry.

For further information, please contact: INVESTOR RELATIONS: 1-888-734-7774 or Robert Tyson, Vice President, Corporate Communications: (604) 682-8445 E-mail: info@carbonics.com World Wide Web: www.integratedcarbonics.com
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ReplyMessage PreviewFromRecsPosted
193 Did you keep your shares and get a double?Alan Whirlwind-2/15/2000
192 Urbana.ca Inc. Subsidiary Enersphere.com Announces Beta Launch of Set-top BoxesAlan Whirlwind-11/19/1999
191ragingbull.comAndre Daedone-7/18/1999
190 Whats the scoop with this company? I see that just recently this stock has madTradeSmart-7/16/1999
189 23/32 x 25/32....? Why, you could have got this information. What is the probAndre Daedone-5/15/1999
188 I tried to buy this today but my stupid broker could not dial it up - what is average joe-5/14/1999
187 I have been in this stock since PLRN and it goes up and comes down. The key isAndre Daedone-5/8/1999
186 It seems that people will just have to wait and see if this one is for real or FARRIS-5/7/1999
185 Stock down again today. News did not seem to help much. Jackie-5/7/1999
184 News out: biz.yahoo.comAndre Daedone-5/6/1999
183 Thanks. EOMJackie-4/29/1999
182 Jackie.. just to help you out here... </b>Monday April 26, 2:49 pm Eastejoe joe-4/29/1999
181 To: Everyone ICCN news on Yahoo board. I can't seem to cut and paste butJackie-4/27/1999
180 Looks good Big bulls looks like good site. What do you like about ICCN? tostudy-3/8/1999
179 We had a big day! (53,000 shares) Almost all of it was on the buy side. So whjoe joe-3/4/1999
178 Hey Ron, that is what I like to see! <b>ICCN had a good volume day </bjoe joe-2/23/1999
177 What I was meaning was... The link was to thebigbulls.com This is an other resojoe joe-2/23/1999
176 For the amount of "talk" around on this stock, how come the volume isLT-2/22/1999
175 The address is at: ragingbull.com Raven also gave an address for informationJohnny X-2/22/1999
174 LT - Most of your questions on ICCN are answered over on the Raging Bull boardRavenCrazy-2/22/1999
173 I was reading somewhere a new site was up concerning ICCN... was that correct&qjoe joe-2/22/1999
172 Are we expecting news?? Why is this stock suddenly being mentioned a lot? AnyLT-2/21/1999
171 More research info: This report appears to be covering ICCN -- yet MORE infRavenCrazy-2/17/1999
170 We're at $1 this morning--looks like this baby is resurrected. News peopAlan Whirlwind-2/8/1999
169 New Message board started on Raging Bull. The url is: ragingbull.comMaakamil-2/5/1999
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