Nu Electric Corporation

Symbol= : NRGE
Traded: OTC Bulletin Board
Recent Price: 1 3/4
Shares Outstanding: 4.7 Million
Approximate Float: 900,000
52 Week Trading Range: 11/16 - $3

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

THE KONLIN LETTER

Nu Electric Corporation (NRGE - OTCBB - 1 3/4) is an incubator company= that identifies, acquires, develops, and markets emerging technologies that conserve en= ergy and protect and enhance the world’s natural resources. NRGE recently acquired Cle= an Water Technologies, Inc., which gives NRGE exclusive worldwide license to it= s 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 p= resent 50 parts per billion (ppb) to 5 ppb or less. This will meet the new proposed standa= rd intended to protect consumers against the effects of long-term, chronic exposure t= o arsenic in drinking water. The new standard will apply to all 54,000 community wa= ter systems, serving approximately 254 million people.

NRGE has also recently acq= uired Zorax, Inc., which owns the exclusive worldwide license for a technology that extra= cts and identifies dangerous Cryptosporidium and Giardia, two waterborne parasites that c= an cause serious gastrointestinal problems. NRGE, a fully reporting company with no lon= g-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 su= pport in the 1 1/4-1 1/2 area where we would Add/Buy for a 1st objective up into the 4-5 ar= ea.

NRGE has entered into a li= censing agreement with GSA Resources, Inc. to act as the exclusive sublicensee for the manufa= cturing and marketing of NRGE’s superior state-of-the-art zeolite patented te= chnology 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 re= ports and
additional details: Nu Electri= c Web Site

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