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To: Due Diligence who wrote (6719)5/12/1998 11:54:00 PM
From: Charger  Respond to of 8835
 
Jimbo - I spoke with the CEO of LaJolla Diagnostics (LAJD) today. Brief conversation as he was being photographed for some PR. Here are the bits that I got so far:

11 mill shares outstanding, 4 mill closely held (some restricted stock not exercisable til yr. 2001. This leaves approx. free trading of about 2.5 mill.

These are the products they currently offer:

Feverfew Nasal MistT Living Water Eye LotionT OptoPetT Eye Wash

From their web site:

La Jolla Diagnostics Inc. is a publicly held corporation with corporate headquarters in La Jolla, California, and laboratory facilities nearby. The Company's management and scientists have extensive expertise in a wide variety of health care areas including basic science, clinical investigation, product development and marketing and dealing with the FDA.

Some of the Company's products are based on a unique patented technology, "ClusterWater"(U.S. Patent 5711950).

La Jolla Diagnostics has two divisions, a Health Care Products Division which is developing and marketing ophthalmic solutions, nasal sprays, and licensing technologies for drug delivery, and a Diagnostic Division which is developing and marketing diagnostic products. In addition the Company has a working relationship with some of the premier scientific leaders of Russia and other countries of the ex-Soviet Union.

Their recent news release: quote.yahoo.com

These products will be prepared using water processed by a recently patented technology* to form ClusterWater(TM). While remaining chemically identical with unprocessed water, ClusterWater forms polywater complexes which enhance the effectiveness of biological solutions. *U.S. Patent 5711950

ClusterWater is also used in the formulation of the following products for which La Jolla Diagnostics is beginning to receive bulk orders:

Feverfew Nasal Mist(TM), a patent pending moisturizing nasal spray,

MigraSpray(TM) a saline solution containing the herb feverfew (commonly used as a treatment for migraine headaches) and designed to be sprayed under the tongue,

Living Water Eye Lotion(TM), a saline solution which cleanses and soothes the eye without interfering with natural functions, and

OptoPet(TM) Eye Wash for cleansing the eyes of dogs and cats and removing mucous which causes fur stains beneath the eyes, a major problem in certain
breeds.

The new products which they are currently working on patenting will incorporated their already patented product for use in nasal spray and allergy treatment but has a "new type of treatment delivery" about which Mr. Brucker could not be specific until patenting process is further along. They are selling their antisera inventory as they feel the more recent products are more popular.

That is as far as I got. More later.

Charger



To: Due Diligence who wrote (6719)5/14/1998 7:07:00 PM
From: JOE TURMAINE  Read Replies (1) | Respond to of 8835
 
Jimbo, did you follow Araldica Wineries (OTC BB:AWLT) at one time. They just announced that they are taking their product line to the internet.
araldica.com
Check it out!!
JOE



To: Due Diligence who wrote (6719)5/15/1998 8:33:00 AM
From: Charger  Respond to of 8835
 
Ikar to Meet with International Monetary Fund

biz.yahoo.com

Charger



To: Due Diligence who wrote (6719)6/5/1998 10:01:00 AM
From: JOE TURMAINE  Respond to of 8835
 
Jimbo,
Friday, Jun 5 1998 9:58AM ET
Reply # of 3133


biz.yahoo.com

Friday June 5, 6:02 am Eastern Time

Company Press Release

National Rehab Properties Inc. Announces Year End Results and
Monthly Sales

NEW ORLEANS--(BUSINESS WIRE)--June 5, 1998--National Rehab Properties
Inc. (OTC BB:NRPI - news) Friday
announced Audited results of the year ended Sept. 30, 1997.

The entire Audit has been listed in NRPI's Internet Web Site: nrpi.com.

The company expects to be a reporting company by the end of its fiscal year 1998.

The company Friday reported that its monthly sales revenues were $379,500, the
largest monthly sales volume for the
company ever.

The company expects the pace of closings to increase for the balance of the year.

The company expects to complete 100 sales by Dec. 31, 1998.

The company is in the process of rehabilitating homes in New Orleans and selling the
renovated homes to ''first time
homebuyers'' through ''affordable housing'' programs. The homes are being sold to
first-time homebuyers. Large areas of
New Orleans are primarily two family homes and NRPI is converting those two family
homes into single family homes for
working families.

Commenting, Richard Astrom, president and chief executive officer, said: ''We started in
August 1997 to buy homes in New
Orleans and we have become a leader in sales and the rehabilitation of homes in the
City of New Orleans. The company will
remain profitable and is continuing to buy homes for resale based on the favorable
conditions for profitability we find in this
market. The company not only benefits shareholders by engaging in a profitable business
venture, but also benefits the
community by rehabilitating blighted neighborhoods.''

Certain of the above statements may be forward looking statements that involve risks
and uncertainties. In such instances,
actual results could differ materially as a result of a variety of factors, including
competitive developments and risk factors
listed from time to time in the company's SEC reports.

Contact:

National Rehab Properties Inc.
Richard Astrom, President and CEO
504/525-2777
or
Growth International Ltd.
George Guttman, President
718/951-0260
or
Investor Services
Joe Gort, 800/716-5147

Good luck to all of us!!!
JOE