I was so excited on finding a post that asked this exact same question recently and contained an answer.
http://forum.thegamecreators.com/?m=forum_view&t=160770&b=1
That is, until I realized that it was your post! What's up with the double posting? We answered this already.
I'll post in the code section from our help files.
BITWISE OPERATORS
Bitwise operators, unlike boolean operators work on all the bits of the specified variable or value. There are six bitwise operators as follows:
BITWISE LSHIFT using two less-than symbols will shift all bits one space to the left. %0111 becomes %1110.
BITWISE RSHIFT using two greater-than symbols will shift all bits one space to the right. %0111 becomes %0011.
BITWISE AND signified by the symbol && will AND all bits of one value with another. %1111 && %0011 becomes %0011.
BITWISE OR signified by the symbol || will OR all bits of one value with another. %1111 || %0011 becomes %1111.
BITWISE XOR signified by the symbol ~~ will XOR all bits of one value with another. %1111 ~~ %0011 becomes %1100.
BITWISE NOT signified by the symbol .. will NOT all bits of the right value. %1111 .. %1010 becomes %0101.

A 3D marble platformer using Newton physics.