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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: Baton who wrote (2363)	6/16/1999 6:44:00 PM
From: Rock_nj	Respond to of 4766

CHES News Today! Chester Holdings, Ltd. To Acquire PharmaOn-line.com, Inc. FLANDERS, N.J.--(BUSINESS WIRE)--June 16, 1999--Chester Holdings, Ltd. (Electronic Bulletin Board symbol:CHES) today announced that it signed a Letter of Intent to acquire all of the shares of PharmaOn-line.com, Inc. from the Gladstone Group, Inc. of Mt. Arlington, NJ. No details of the proposed acquisition were available. PharmaOnline.com has developed a proprietary Internet infrastructure allowing pharmacies to order and control inventory of generic drugs. The Gladstone Group, which currently provides disease state management programs to chain and independent pharmacies throughout the United States, will support Chester Holdings in marketing the system. This proposed acquisition is one of several currently under consideration by Chester. ''Safe Harbor'' Statement under the Private Securities Litigation Act of 1995; to the extent that this press release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the inability to complete and file the 10K's and 10Q's. These risks could effect the ability of the Company to successfully reorganize and resume operations as stated in any forward looking statements made by, or on behalf of the Company. There is no assurance that the Company will be able to achieve any of its intended objectives. For more information please FAX requests to 1-864-962-8638. Contact: Michael F. O'Shea, President 1-864/962-8906 Fax requests to 1-864/962-8417