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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Bill Stockguy who wrote (14357)	5/5/1998 8:16:00 AM
From: KLAW97	Read Replies (3) \| Respond to of 34592

Wait till 9:50am EST You won't believe the Cancer cure drug company I found. It is further ahead than ENMD with getting rid of cancer

To: Bill Stockguy who wrote (14357)	5/5/1998 12:25:00 PM
From: Big Dog	Read Replies (2) \| Respond to of 34592

We may be nuts, but we are a lot smarter and richer. BIG DOG

To: Bill Stockguy who wrote (14357)	5/5/1998 9:27:00 PM
From: Modano	Respond to of 34592

WAST heading north. News out today. Will be published in Billington's. More to come. This is just the beginning. (IMO) Modano : ) Good luck. Congrats to those already in. Tuesday May 5, 11:23 am Eastern Time Company Press Release SOURCE: WasteMasters, Inc. WasteMasters Acquires Controlling Interest in Largest Construction and Demolition Debris Recycler in the State of Florida DALLAS, May 5 /PRNewswire/ -- WasteMasters, Inc. (Nasdaq: WAST - news) today announced that it has acquired the controlling interest in Atlas Environmental, Inc. (OTC Bulletin Board: ATEV - news) voting common stock from a group of Atlas shareholders in exchange for 342,591 shares of WasteMasters common stock valued at $3.00 per share. In connection with the transaction, four (4) additional members designated by WasteMasters were added to the Atlas board of directors giving WasteMasters control of the board. Atlas is believed to be the largest construction and demolition debris recycler and the largest remediator of petroleum-contaminated soils in the State of Florida. Atlas, which, among other holdings, owns four recycling facilities and a construction and demolition debris landfill, generated revenues in 1997 in excess of $16 million. R. Dale Sterritt, Jr., Chairman, President and Chief Executive Officer of WasteMasters, stated: ''I look for undervalued assets. On those rare occasions when an opportunity arises to acquire high quality assets at bargain basement prices, I don't hesitate. Properly managed, Atlas has the potential to become an enormously profitable entity. I fully intend to see to it that it achieves nothing less than its full potential.'' Atlas President, T. Alec Rigby, stated: ''In January 1997 Atlas and eleven of its subsidiaries filed petitions seeking reorganization under Chapter 11 of the Federal Bankruptcy Code. Our reorganization has now taken a giant step forward. I have no doubt that Dale and his team of entrepreneurial managers will, in short order, accomplish great things for Atlas. I look forward to the future with great anticipation now that we have the aggressiveness and vision of WasteMasters behind us.'' WasteMasters, Inc. is an emerging growth company in the field of environmental services. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be ''forward-looking statements'' that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe WasteMasters' and/or Atlas' hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond WasteMasters' and/or Atlas' control, will affect actual results. WasteMasters and Atlas undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with WasteMasters' annual report on Form 10-KSB for the fiscal year ended December 31, 1997 and other filings with the U.S. Securities and Exchange Commission by WasteMasters and/or Atlas. SOURCE: WasteMasters, Inc.