STRU, pigs may fly again:
Thursday July 22, 5:01 pm Eastern Time
Company Press Release
Research Investment Group Initiates Investment Opinion on Struthers, Inc. With a 12
Month Price Target of Over $2.00 Share
CHARLESTON, S.C.--(BUSINESS WIRE)--July 22, 1999--A significantly
undervalued biotechnology company with a unique new embryo transfer technology
available to pork producers, who can now apply genetic engineering to help in
producing lean, healthy, low-fat pork products; STRU projects 40% profit margins in
a US$4+ billion dollar industry; based on achieving a 3% market share.
Struthers' has a three to five year lead over its competitors!!
ABOUT THE COMPANY
Struthers, Inc. (OTC BB:STRU - news) is a biotechnology company focused on
commercializing swine embryo transfer technology to sell its genetics worldwide. By
combining its technology with the healthiest and highest-quality swine herds in North
America (which, incidentally, are owned by STRU!!), Struthers is now able to market
extremely lean, high quality animals to pork producers anywhere in the world.
A FEW FACTS ABOUT PORK
Most people are surprised to learn that pork is the largest source of meat protein in the
world, with annual sales running about US$200 billion! In society's quest for healthy
foods, low in fat and cholesterol, people have turned to chicken and fish. People have
traditionally thought of pork as a fairly greasy and fatty meat.
We think that people's perceptions about pork are about to change, and that they are
going to change in a big way. Soon, the Struthers' name is going to become
synonymous with a new healthy, low fat protein source - pork!
Recently announced independent test results by Iowa Ham Canning, Inc. (regarded as
one the largest private label processors of hams in the United States) prove
conclusively that Struthers' pork is far superior to any other product offered anywhere
in the world in terms of meat quality, color and leanness.
The ham yield for each Struthers' pig was 59% - far above the industry-average yield
of 48%. The average fat content of the STRU animals was a mere 1.2% compared to
the industry average fat yield of 12.5%.
Among the many other desirable world-class attributes of the Struthers herds are:
consistently high yields of choice cuts of lean meat, reduced days to market (resulting in
higher profits and reduced costs to hog producers), and, larger, healthier hogs
(currently, the various swine diseases cost the pork industry up to 30% of its profits).
The result of tests by Iowa Ham and other independent groups prove conclusively that
STRU can consistently produce genetically superior swine and thus a much higher
quality meat.
WHAT'S NEXT FOR STRUTHERS?
In a collaborative effort with the University of Missouri, STRU has recently begun
training and certifying surgical technicians and veterinarians in the Struthers embryo
transfer technology process. This is a major step in the commercialization of STRU's
technology. Upon completion of the training process, Struthers will be able to work
directly with its customers in producing and reproducing the highest quality swine
herds.
Remember that Struthers is the only company commercializing this revolutionary
technology - STRU's competitors are at least three years behind in getting competing
technologies to market. The icing on the cake is the fact that Struthers has acquired a
world-class pedigree great-grandfather swine herd in North America, from which it will
supply genetically superior hog embryos to clients worldwide.
We understand that Struthers is very, very close to signing and announcing at least one,
and possibly two (or more) major contracts with major international pork producers
and suppliers of breeding stock. All indications are that STRU will be booking
revenues by the first quarter of the year 2000.
Disclaimer
Research Investment Group (''Research Investment Group'') is not a Registered
Investment Advisor or a Broker/Dealer. Research Investment Group has
independently prepared this report for American Millennium Investment Corporation
(Toluca Lake, Calif.), drawing upon a range of public news and information sources.
Subsequently, Research Investment Group has entered into agreements with (and paid
fees to) reputable, independent, third party distribution services to disseminate this
report by e-mail to the international investment community. This electronic
communication reflects opinions from Struthers, Inc. (the ''Company''). Readers are
advised that this publication is issued solely for information purposes and is not to be
construed as an offer to sell or the solicitation of an offer to buy. The opinions and
analysis included herein are based on sources believed to be reliable and in good faith
but no representation or warranty, expressed or implied, is made as to their accuracy,
completeness or correctness. This information is not intended to be used as the sole
basis of any investment decisions, nor should it be construed as advice designed to
meet the investment needs of any particular investor. The foregoing discussion contains
forward-looking statements that are based on current expectations and differences can
be expected. The information contained herein has been provided by the Company to
Research Investment Group for information purposes only; in addition, the information
contained in this report is not intended to be a complete discussion of information
regarding some of the current and/or intended business activities of the Company.
Readers are urged to consult with independent financial advisors with respect to an
investment in the shares mentioned herein. Investors should review a complete
information package on the Company which should include, but not be limited to, the
Company's annual report, quarterly report, press releases, as well as all regulatory
filings. All information contained in this report should be independently verified with the
Company mentioned herein. Any opinions expressed in this report are statements of
judgment as of the date of publication and are subject to change without further notice,
and may not necessarily be reprinted in future publications or elsewhere. Neither
Research Investment Group nor its officers, directors, partners or
employees/consultants accept no liability whatsoever for any direct or consequential
loss arising from any use of this report or its contents. In order to be in full compliance
with the Securities Act of 1933, Section 17(b), Research Investment Group advises
the readers of this electronic document that it has received a fee of 750,000
free-trading common shares and 250,000 restricted shares of the Company (paid by
American Millennium Investment Corp.) as compensation for its efforts in researching,
writing, presenting and disseminating the information contained herein. Prior to
Research Investment Group disseminating this information, the Company reviewed and
approved the contents hereof. Research Investment Group, its officers, directors,
partners and employees/consultants may profit in the event the shares of the Company
increase in value. These positions may be liquidated from time to time even after
Research Investment Group, its officers, directors, partners and employees/consultants
have made positive comments on the Company. THE READER SHOULD VERIFY
ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING
IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS
SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. We encourage
U.S. readers to review the investing information available with the Securities and
Exchange Commission (''SEC'') at sec.gov and/or the National Association
of Securities Dealers (''NASD'') at nasdr.com. The NASD has published
information on how to invest carefully at its website.
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Contact:
Struthers, Inc., Charleston
Investor Relations, Toll-Free: (888) 400-8810
Website: struthersinc.com
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