Date: Mon Nov 27 2000 - 23:21:32 PST
Nu Electric Corporation
Traded: OTC Bulletin Board
Recent Price: 1 1/2
Shares Outstanding: 4.7 Million
Approximate Float: 900,000
52 Week Trading Range: 11/16 - $3
THE KON-LIN LETTER
Nu Electric (NRGE) 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) and 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 ( Jan.'01) 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.
To acquire ADDTIONAL INFORMATION regarding Nu Electric please click on one of the links below and hit send.
or go to our web site to obtain full details: http://home.earthlink.net/~nuelc
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