CalciTech (CLKTF): a future Fortune 500 company

A M E R I C A N S P E C U L A T O R

SOLID STRATEGIES ... SOLID PROFITS
BUY ALERT December 2005

CalciTech (CLKTF) trades below $0.50
- and Europe 's Economic Powers may soon drive it above $20

I am, yet again, the first to identify a future Fortune 500
company before it starts its potential 2000% upswing & takes
your CLKTF profits along for the ride :

1. Only CalciTech owns the technology to potentially transform millions of tons of lime waste into $Millions of company profits.

2. Crucial environmental regulations could ensure CalciTech hefty government clean-up contracts throughout Europe.

3. CalciTech currently has outstanding letters of intent for over $35 million related to cleaning up lime-waste, which I believe is just the tip of the iceberg.

In This Issue:

- CalciTech's lock on huge profits
- Extensive clean-up contracts
- Your near-term profits

What�s lime-waste & calcium-carbonate? Who cares � as long as it
makes YOU, as a CalciTech shareholder, EXCESSIVELY RICH!

Later in this report, I promise to explain the specifics of making millions from lime-waste cleanup contracts and global sales of calcium-carbonate. I�ll also demonstrate why CalciTech's (CLKTF) proprietary technology gives this amazing company a complete lock on unlimited profits and a CLKTF share-price that can only go up for the next decade from here.

Right now � before you read further � call your broker or access your online brokerage account, then:

BUY Every CalciTech (CLKTF) share you can find UNDER $0.50

My sense of urgency for all my readers to buy CLKTF immediately is because I believe the share price will not be under $0.50 for long. CalciTech has already signed more than $36 million in pending contracts in Germany and this may just be the tip of the profit-iceberg. These contracts for the sale of the by-product that is created when CalciTech cleans up lime waste. I�m confident CalciTech�s pending contract portfolio is going to multiply at exponentially and then the secret will be out and CLKTF shares will be well on their way to $20.

Once again, I�ve beat the Wall Street institutions to another huge winner � Big Time! � and I want you to be the first among CalciTech�s millionaire-shareholders.

In case you haven�t yet become excessively wealthy in the stock market, you definitely need to know me. My name is Scott Larson and I�m the editor of the famous, small-cap advisory, called the American Speculator.

For years I�ve helped investors outperform the broad markets by owning companies that were small when we bought them, and went along for the ride while that we rode them to handsome gains by watching them get bigger.

At the end of this report, please accept my offer to receive my stock-market guidance without risk or obligation for 30 days. Here are just a few of my recent stellar stock recommendations:

- ENGlobal Corp - posted a high of a 339% gain � how to turn $10,000 into $30,000 in 7 months.

- Rotonics Manufacturing - its been up as high as 115%�more than a double on this one.

- Mile Marker - it's posted a 98% gain�we nearly doubled got a double on this one.

- Pro-Dex - posted a high of a 82% gain�are you getting the point here?

This summer, I did a little analysis on my picks over the last year, and since May 2004, if you take the price of the companies when they were picked, and compared those prices to their subsequent highs, my current small-cap portfolio has generated an average return of over 65% � all by investing in small companies with solid growth potential, and then simply by holding those shares as that potential turns to reality. Even more impressively, I haven't had one stock that did not appreciate. Let me re-word that, all my picks have made money!

Now, let me present my detailed and urgent buy-recommendation of CalciTech (CLKTF) up to $1 per share. I am almost 100% certain CalciTech will be my most profitable stock pick for the next decade!

Europe �s dirty little secret and how it will
make CalciTech shareholders rich

Europe is comprised of very old countries with lengthy industrial histories that have collectively created a very big pollution problem: giant pits filled with LIME WASTE. For centuries, Europeans ineffectively dealt with these widely scattered time bombs by surrounding them with landfills or with rows of trees to shield the public�s view. Merely masking this widespread contamination is no longer an option. The time has come for Europe to cleanse itself of the poisonous lime waste menace � and that�s very profitable for CalciTech (CLKTF) shareholders. CalciTech is the only company that I know of with the technology to turn this pollution into enormous revenues.

As the spirit of economic union took hold in Europe, so did sweeping public approval for substantial and annual budget expenditures to remove the tens of million of tons of lime waste that currently festers in giant ponds throughout the continent � which brings us to the 3 most URGENT BUY-POINTS on CLKTF:

1. CalciTech may be in line to receive multiple $MILLIONS in annual European government contracts to cover the cost of their expansion because Calcitech is the only company with the technology to do the job and those same governments realize how important this issue is.

2. CalciTech�s proprietary technology turns lime waste into a superior form of synthetic calcium carbonate (SCC) that has the potential to bring in more $MILLIONS in secondary revenues.

3. CalciTech shareholders who buy their CLKTF stock positions under $0.50 NOW can look for profit margins of 2,000% company�s operation expands and its revenues go through the roof.

CalciTech is initially focusing its ultra-secret method of transforming lime waste into valuable calcium carbonate through the precise injection of carbon dioxide in Germany. This is a wise move because Germany is currently home to millions of tons to lime waste. Calcitech�s German facility is slated to be able to process 40,000 tons per year into calcium carbonate, which currently sells for $200 per ton. This could translate into a rapid revenue increase of $8 million to CalciTech and a major upswing in value for CLKTF shareholders.

I believe that Calcitech�s lock on the German market alone will
drive CLKTF from under $0.50 to well over $5 before year-end�
then the leap above $20 will be even easier

The populist German commitment to eradicate its lime waste problem has created the perfect environment to rapidly expand the revenues of CalciTech and the profit margins of CLKTF shareholders.

When CalciTech needed to expand its lime-waste treatment facility in Leuna , Germany , the company received interest from the federal government for $11 million and the state authority for $8.8 million. Combined, these grants would 90% of facility expansion costs that will enable CalciTech to transform lime waste into 40,000 tons of calcium carbonate per year, selling around $200 per ton, for a potential annual revenue increase of $8 million.

Even the German institutional and individual investors have put their money behind CalciTech�s future after its approval for listing on the Frankfurt Stock Exchange. In January of this year, CalciTech announced completion of its private placement for $2.25 million.

The company is also rapidly expanding its revenue sources from its next project in Novacky , Slovakia. CalciTech has signed a commitment with Novaky Chemical Company to form a joint venture company to produce synthetic calcium carbonate SCC from Novaky�s waste lime. Novaky currently has over 1.5 million tones of waste lime in temporary storage and continues to produce more in its ongoing acetylene production.

Protected technology ensures an unlimited captive market for
CalciTech and significant wealth for CLKTF shareholders

You now must realize the enormous profits that will be commanded by CalciTech�s patented technology for transforming lime waste into calcium carbonate. As a new CLKTF shareholder, you can rest assured that your company has taken extreme measures to protect the intellectual property behind your investment � especially with the amount of money that is at stake here.

CalciTech initially secured it technological protection with a British patent before gaining patents throughout Europe in 2003. The company has since received additional protection in Australia , Hong Kong , Russia , South Africa , and New Zealand. Pending applications in 15 additional countries, including the United States , Canada , India , Japan , and Korea , provide a clear map of CalciTech�s massive growth over the next 10 years. What is also important to note is that lime waste is not simply a European problem. Almost every region in the world has a lime waste problem, including North America. Calcitech also sees significant opportunity in China , who is currently producing more lime waste than any country in the world. The possibilities are almost endless

CalciTech�s superior calcium-carbonate could control every major
industry in the World and yield never-ending profit margins

In October 2005, the Company announced the next 3 industries they
have set their sights on � food, pharmaceutical, and cosmetics

The most important aspects of calcium-carbonate for you to understand as you buy CLKTF now under $0.50 are as follows:

1. Calcium-carbonate is in high demand by the world�s most profitable industries;

2. CalciTech�s transformed calcium-carbonate is of superior purity to that which is attained from mining and, therefore, preferred by industrial consumers;

3. Because CalciTech has very low raw material costs and receives government subsidies which will offset the majority of operational expenditures, the company can crush its competition.

My projections for CalciTech�s eventual revenues market share from its superior calcium-carbonate of superior purity start in the paper industry in which the company could attain annual revenues of is at least $750 million, and that is only from the paper industry.

The pharmaceutical, food processing, plastic, sealant, and paint industries all have an endless need for highly pure calcium-carbonate as a filler in their production process. These high volume consumers should combine for almost $500 million in annual revenues for CalciTech (CLKTF).

Speculators became wealthy on CalciTech�s predecessor last decade
� Now, you get another chance for much greater riches

see chart:
- http://sdm3.rm04.net/ctt?kn=6&m=435592&r=MTk2NDUxMzg3NwS2&b=2&j=ODcwODcwOQS2&mt=1

In the early 1990s, Mineral Tech was a little known start-up company that pioneered a process that heated and slaked lime stone to create precipitated calcium-carbonate. The select group of speculators that recognized the immense future value was able to buy MTX shares at $17 as the company entered the public markets in October 1992.

As the Mineral Tech (MTX) stock chart demonstrates, the company�s stock moved up above $65 on its way to becoming a $1.5 billion behemoth. Nevertheless, you, as an American Speculator, can make even more money on CalciTech (CLKTF) if you buy now under $0.50.

CalciTech possesses the next generation of calcium-carbonate technology that commands higher per-ton profit margins, provides greater purity, and has a wider scope of major industrial consumers.

Exactly how RICH will YOU become as a
CalciTech (CLKTF) shareholder?:

Good question. If you buy CalciTech (CLKTF) now under $0.50 per share, I predict a 2,000% return is a realistic projection as the company expands its limewaste processing facility in Germany, throughout Europe, and then on to North America. The sky is truly the limit as the company increases production of its superior form of calcium-carbonate.

In summary, CalciTech has no competition because the company owns the patents that protect the transformation process of lime waste into the superior form of calcium-carbonate. CalciTech has limited raw material cost to create this commodity, and further, it is actually being paid to remove the lime waste�

�and best of all , CalciTech (CLKTF) trades well below $0.50 per share but its dual-monopoly in the lime-waste cleanup and calcium-carbonate markets will soon be major financial market news. The reactive, widespread buying interest should send CLKTF shares sky high well above $20 - so buy it low now so you can sell it high later. Also call for a free CalciTech investor-information kit at 778-869-6599.

see chart:
- http://sdm3.rm04.net/ctt?kn=2&m=435592&r=MTk2NDUxMzg3NwS2&b=2&j=ODcwODcwOQS2&mt=1

I've helped my readers to an average gain of 65%
on my small cap picks, and if you add all the gains together,
a cumulative gain of 1290%

Let me introduce myself in more detail. My name is Scott Larson , and I�m the editor of American Speculator, an investment publication designed for investors who want to hear about the stocks that have historically beaten Wall Street 29 times over.

For the last 9 years, I�ve practically ate, slept and breathed small stocks.

As an investment banker, I analyzed so many small companies it nearly makes my head swim thinking about it. All the facts, figures, income statements, balance sheets, charts.

We raised over $300 million. And saw our share of spectacular success stories. From that experience, I�ve discovered the key factors that differentiate the winners from the losers. I�ve developed what I call the Rocket Stock Strategy. Basically, I look for stocks that can rocket. Rocket Stocks are companies that I think are fundamentally sound, have solid financials, have proven management, are in an industry that is growing, and have a viable solution to a very real, global problem.

Further, I want stocks that have:

** 100 million or fewer shares outstanding � any demand will send the stock price soaring, because the supply is so limited.

** Annual sales under $100 million � only companies with modest sales have lots of room to grow revenues; the Fortune 500 don�t.

** Stock price is $8 a share or less � this keeps away the big institutional investors, so that we can buy the stock cheap while it is still undiscovered by Wall Street.

** Daily trading volume of less than $3 million � we don�t want to own stocks that trade much more than that, as it may mean the company has been discovered by the big institutional investors.

** Insiders ownership of at least 20% of the shares � indicating the men and women who know the company best believe the share price is going to go up.

Unlike many other advisors, I don�t limit my research to the plain-Jane, run-of-the-mill stocks that you�ll hear about on CNBC.

Small stocks are my focus. In May 2004, I launched a new monthly advisory, the American Speculator, to help you significantly outperform the S&P 500.

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As you can see, our stocks have averaged a 65% return to date, so far � and when you add all the positions together, a cumulative gain 1291%. That's a lot better way of making money than investing in the S&P 500, which is virtually flat for the year!

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And whatever you decide, please read the special bulletin you are holding in your hands right now. You can own CalciTech today below $0.50 before its pending run toward $5 a share � and then ride this rocket.

Sincerely,

Scott Larson
Editor, American Speculator

American Speculator � December 2005
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