To: scouser who wrote (4818 ) 7/23/1999 9:49:00 AM From: SSP Read Replies (1) | Respond to of 150070
STRU - Research Investment Group Initiates Investment Opinion on St Research Investment Group Initiates Investment Opinion on Struthers, Inc. With a 12 Month Price Target of Over $2.00 Share Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Research Investment Group 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) 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.