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Gold/Mining/Energy : ALTA NATURAL HERBS & SUPPLEMENTS LTD. (AHS-ASE)
AHS 33.02-1.3%Oct 26 5:00 PM EST

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To: Stew who wrote (38)11/17/1998 9:31:00 AM
From: Mr Metals  Read Replies (1) of 66
 
A red flag IMO.

Alta Natural Herbs & Supplements Ltd -
Van Sun says controversy mounts
Alta Natural Herbs & Supplements Ltd AHS
Shares issued 14,391,333 1998-11-16 close $0.83
Tuesday Nov 17 1998

The Vancouver Sun reports in its Tuesday edition that a Richmond company that has been marketing shark cartilage as a treatment for cancer is now touting an herbal product as a cure for hepatitis C. Reporter David Baines says that Alta Natural Herbs & Supplements, which trades on the Alberta Stock Exchange, announced at a press conference on Monday that it will immediately start marketing Hepatico, an herbal remedy that was purportedly developed in Russia 150 years ago. Raymond Irvine, Alta's vice-president of finance, told 40 people attending the conference that studies indicate that Hepatico may be effective in eliminating the hepatitis C virus in as many as 91 per cent of the people who take it. Dr. Frank Anderson of Vancouver, however, a leading authority in liver disease, says there is no known herbal cure for hepatitis C. Alta sales vice-president Greg Shafransky has had prior regulatory problems and Alta recently hired expelled accountant Piers Vanziffle.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

MM
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