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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (57571)8/2/2000 10:39:41 AM
From: Due Diligence  Respond to of 150070
 
CCAA:
Some block buys this AM. Expecting positive appreciation in stock price when Multi-Million Deals close. In negotiations for last few weeks. Been basing at this level.
DD



To: Tom Allinder who wrote (57571)8/2/2000 10:40:51 AM
From: Tom Allinder  Read Replies (1) | Respond to of 150070
 
Rumor... news release coming on ESTG...

Big thing with this company:
Broad-based clinical trials (scheduled to start June 2000), file with the F.D.A. for approval, commence manufacturing and marketing, and finance future inventory. The Company expects clinicals to take about six months and the F.D.A. to grant approval within six months of filing.

The clinical trials are underway... there will be more on this soon...

FDA approval: The company seems willing to keep shareholders updated on this.

Here is more on it:

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.

Tom