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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject8/4/2000 1:52:38 PM
From: SSP  Read Replies (1) of 150070
 
Infotopia Announces Plans For Stock Repurchase; Believes Plans Will Benefit Both National Boston and Infotopia Shareholders

BOSTON, Aug 4, 2000 (BUSINESS WIRE) -- Infotopia Inc. (OTCBB:IFTP) announced
today that it has made an offer to repurchase 8,167,387 million restricted
shares of its stock from National Boston Medical (OTCBB Pink Sheets:NBMX) at a
price of $0.15 per share, this purchase would be completed in monthly buy backs
over the next 150 days. The company would utilize funds from the cash flows of
the Torso Tiger and its equity line to facilitate this purchase.

Infotopia President, Ernest Zavoral, stated: "In April of 2000, Infotopia was
acquired by Dr Abravenal's Formula (DABV, which then changed its name and symbol
to Infotopia, Inc.(IFTP)) from National Boston in Exchange for assuming the
repayment of $2,500,000 of National Boston's debt and delivering 8,167,387
million shares of Restricted stock in Infotopia. In our recent quarterly Filing
our shareholders can see that we continue to retire this acquired debt, and
anticipate all debt being repaid by the end of our fiscal third quarter. Now we
would like to do the same to those outstanding shares. It makes good sense for
National Boston as well, because they need cash to revitalize their operations
and restricted stock doesn't pay the bills. We also want to see National
Boston's shareholders benefit from the $1.2 million that NBMX would receive
through the sales that could be generated with cash from the purchase. This
should afford the officers of National Boston Medical, Inc an opportunity to
implement their launch and retain their rights to Bontempi Surgical Instruments
Inc. It truly is a win-win Offer. Infotopia will update its shareholders as
negotiations progress."


About Infotopia:

The Company's mission is to produce, market, and distribute an expanding line of
high-quality, Innovative health, fitness and consumer products. Infotopia seeks
out products that deliver superior value, outstanding quality, and competitive
prices to best satisfy customer demand. The Company markets its products to
consumers through a variety of marketing channels, including infomercials,
distributor alliances, and Internet e-commerce. The management at Infotopia is
committed to increasing corporate revenues and profits.

This news release includes "forward-looking statements" that include risk and
uncertainties. The forward-looking statements in this release are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially due to a variety of factors,
including without limitation the Company's ability to produce and market
products and/or services and other risks detailed from time to time in their
Company's reports filed with the Securities Exchange Commission.


CONTACT: Strategic Communications
Matthew Westfield, 775-327-6215
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