Advantage Life Products : LAGUNA HILLS

Nature of business: Markets over-the-counter products Total employees: 15 In Orange County: 8 Stock listing in The Times: On NASDAQ “AdvLfe” Ticker symbol: “ADVT” Friday’s stock close: $0.97 One-week change: Up $0.31 Analyst review: “We like Advantage Life from a socially responsible perspective. It had some problems with CigArrest. There was a lawsuit, the line didn’t grow as quickly as the company wanted and it couldn’t fill all of its orders. Ultimately, its revenue dropped dramatically, and a lot of investors saw it as the beginning of the end. But this is an interesting story of resiliance. Success can’t be success until you come through negativity. Advantage Life is in better position now than when it was trading at $4.75 a share. It’s more diversified, and it recently signed an agreement with Regal Communications--a $150 million infomercial company. That’s why we’re so excited about its future. We believe the second quarter will be its first profitable quarter in two years.” --Angel Munoz, broker U.S. Securities, Dallas Revenue and Profit Dollar amounts in millions

2 qtrs 2 qtrs 1990 19911992 1992 1993 Revenue 11.3 7.2 3.2 1.3 1.3 Profit .846 -1.6 -2.2 .489 .432)

Corporate outlook: “When Advantage Life launched CigArrest, we entered into the less-competitive market of over-the-counter self-help products. Unfortunately, when we expanded into other products, it coincided with the recession and we experienced an economic downturn. We are fortunate to be able to partner with Regal Communications; it has the expertise and the resources in mass media to give our products the exposure they need.” --Donald L. Danks, president/CEO RETURN ON INVESTMENT: 3-YEAR SUMMARY AND YEAR-TO-DATE

Fiscal year ending Apr. 30 Apr. 30 Apr. 30 2 qtrs 1990 1991 1992 1992 52-week high $4.75 $4.50 $2.00 $1.75 52-week low $1.56 $1.00 $0.50 $0.50 Book value per share $0.50 $0.19 N/A $0.09 Price per share $3.47 $1.47 $1.31 $1.03 Net earnings (loss)per share $0.18 ($0.34) ($0.45) ($0.10) Price-to-earnings ratio 19:1 N/A N/A N/A Avg. return on investor equity 35% N/A N/A N/A

Fiscal year ending 2 qtrs 1993 52-week high $1.38 52-week low $0.56 Book value per share N/A Price per share $0.64 Net earnings (loss)per share ($0.07) Price-to-earnings ratio N/A Avg. return on investor equity N/A

Write, Advantage Life Products Inc.: 26052 Merit Circle, Suite 106, Laguna Hills, Calif. 92653. (714) 582-0035 Source: Advantage Life Products Inc. Researched by DALLAS M. JACKSON / Los Angeles Times