WNCP Wineco Prod Inc (CE)

Wineco Productions Inc. (OTC:WNCP) announced it has made an offer today to buy out a large, profitable computer recycling company. The company fits nicely with Wineco's continuing focus on gold recovery. There is recoverable gold in each and every computer made, as well as other materials that can be recycled and sold for a profit. "What's great about the gold recovery in the recycling of discarded computers is the fact that there is no guesswork on the amount of gold you actually have," said James Logan, CEO of Wineco. "If it takes 10 computers to recover an ounce of gold, and you want to recover 100 ounces, then you'll need 1000 computers." There are thousands of computers discarded daily as technology changes and companies are upgrading to the newer computers and getting rid of their older models. In many cases these companies will actually pay to have their computers hauled away. Further details on the buyout offer will be forthcoming. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from WNCP's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.