ESTG - a friend passed this email from a couple of days ago on to me, actually two of them, but they read the same.
--------------------- From: BULL STOCKS <bullstocks@xmail.com> To: news@bull-stocks.biglist.com <news@bull-stocks.biglist.com> Date: Wednesday, July 26, 2000 6:57 AM Subject: [news] ESTG
>ELAST TECHNOLOGIES (OTC BB: ESTG) > > >BULL STOCKS > > >ELAST TECHNOLOGIES (OTC BB: ESTG) has just released the following news. The significance of this breakthrough is massive - allergy testing is estimated to be a $6 billion annual market in the U.S. and a $12 billion annual market worldwide. > >Even before the release of this news, analysts were bullish on ESTG. Donner Corp., an investment-banking firm and member of NASD and SIPC, has issued a thorough research report analyzing the investment opportunity offered by ELAST TECHNOLOGIES and concluding that, as ESTG has the potential for substantial growth, its stock is ``highly undervalued''. > > >ELAST TECHNOLOGIES, INC. ANNOUNCES SIGNIFICANT INNOVATION IN THE DEVELOPMENT OF ITS ALLERGY TESTING DEVICE > >LAS VEGAS--July 26, 2000--ELAST Technologies, Inc., (OTC-BB: ESTG) elast.com announced this morning that it has successfully enhanced the diagnostic capabilities of its allergy-testing device (the ELAST Device(TM)) through the development of an additional non-invasive method of exposing the testing subject to a potential allergen. > >The ELAST Device(TM) is a patented, non-invasive diagnostic tool designed to accurately diagnose allergies, as well as food and chemical sensitivities immediately and without any of the pain or expense associated with currently employed testing methods. Current allergy testing methods include the oral challenge test as well as blood and skin prick testing. These methods all include the introduction of the potential allergen to the body with concomitant discomfort and risks. In contrast, the ELAST Device(TM) is being designed to test for allergies and sensitivities non-invasively through means of simple exposure, without the introduction into the body of the potential allergen. > >The ELAST Device(TM) is based upon the clinical observation that the normal flow of electricity in the human body is altered when its immune system is exposed to a substance to which it is sensitive or allergic. The non-invasive nature of the ELAST Device(TM) is possible because the device measures the body's electrical response when it is exposed to an allergen, and through this measurement the ELAST Device(TM) assesses the testing subject's profile of reactions to various substances. "By employing the breakthrough announced today ELAST's scientists now have an alternative non-invasive method of exposing the testing subject to a potential allergen, thereby increasing the opportunities to measure the alteration in the body's electrical response to a sensitivity," stated ELAST Technologies' founder and Chief Scientist Robert D. Milne, M.D. > >ELAST Technologies is a research and development enterprise whose primary business is the development of the Electronic Allergo Sensitivity Test (ELAST Device(TM)). The U.S. allergy testing market is estimated to be a $6 billion annual market (and is estimated to be a $12 billion annual market worldwide). > >Additional information about the Company can be found at elast.com and xcelassociates.com . > >This news release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product development and consumer demand and acceptance, changes in technology, ability to raise capital, the availability of appropriate acquisition candidates and/or business partnerships, economic conditions, impact of competition and pricing, capacity and supply constraints or difficulties, government regulation and other risks. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any ! >obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. > > >IMPORTANT DISCLAIMER AND DISCLOSURE: Verify all claims and do your own due diligence. This is not a solicitation or recommendation to buy, sell or hold securities. Bull Stocks is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editors and are subject to change without notice. Bull Stocks is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser or broker prior to completing any such purchase or sale decision. Bull Stocks is not a registered investment adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein is provided as an information service only. The accuracy or completeness of the information is not warranted and is on! >ly as reliable as the sources from which it was obtained. It should be understood that there is no guarantee past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in Bull Stocks featured stocks. In order to be in full compliance with the Securities Act of 1933, Section 17(b), management of Bull Stocks is receiving 25,000 shares of Elast Technologies Inc. from Xcel Associates Inc. Since management of Bull Stocks is receiving compensation and holds stock in the featured company there is an inherent conflict of interest in Bull Stocks statements and opinions and such statements and opinions cannot be considered independent. Management of Bull Stocks will benefit from any increase in share price of the featured company. Information within Bull Stocks contains “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Secu! >rities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be forward looking statements. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could or might occur. 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