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May 20, 2004 Stock Pick: Wellstone Filters, Inc. (WLSF)

Stock Price: $1.01

Wellstone Filters, Inc. has developed and patented a filter that effectively removes carcinogens and other toxins produced when tobacco is smoked without removing the compounds responsible for the pleasurable effects of smoking. The amount of tar and carcinogens removed from a cigarette is equated to the amount of Wellstone compound inserted into a standard cigarette cavity filter.

The company projects that it can capture .2% of the $46 billion cigarette market. This adds up to $92 million in revenue. This is significant, yet there is potential to capture much more of the market if this filter really catches on. In taste tests 66% of cigarette smokers enjoyed Wellstone Filters while the rest had no preference. With the new Wellstone Filter there is also less tooth staining compared to ordinary filters.

Wellstone Filters has patented their filter in Hong Kong, China, Brazil, Austria, Belgium, Switzerland, Cyprus, Germany, Denmark, Spain, Finland, France, The United Kingdom, Greece, Ireland, Italy, Luxemburg, Monaco, The Netherlands, Portugal, Sweden, Norway, Japan, Mexico, The United States of America and Canada.

There are 79 million shares outstanding and 80 million authorized.

WLSF was pumped to over $5 and has since crashed down to the $1 level. It has been basing at around $1 for the last 7 trading days. If WLSF comes out with a major contract or partnership this stock will rise rapidly again. Many eyes are still on WLSF.

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