UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                            FORM S-8

                  REGISTRATION STATEMENT UNDER
                   THE SECURITIES ACT OF 1933







                    Elast Technologies, Inc.
     (Exact name of registrant as specified in its charter)

    Nevada                                         88-0380544
(State of Incorporation)                   (I.R.S. Employer ID No.)

2505 Rancho Bel Air, Las Vegas, Nevada                      89107
(Address of Principal Executive Offices)                 (Zip Code)


                      Legal Consulting Plan
                    (Full title of the Plan)

 Chapman & Flanagan, Ltd., 2080 E. Flamingo Rd., Suite 112, Las
                         Vegas, NV 89119
             (Name and address of agent for service)

                         (702) 650-5660
  (Telephone number, including area code, of agent for service)

                 Calculation of Registration Fee


 Title of     Amount to     Proposed     Proposed     Amount of
Securities        be        Maximum     Aggregate    Registration
   to be      Registered    Offering     Offering        Fee
Registered                 Price Per      Price
                           Share (1)

  Common       100,000       $0.625     $62,500.00    $  15.63
   Stock        Shares
(1)  The Offering Price is used solely for purposes of estimating
the   registration  fee  pursuant  to  Rules  457(c)  and  457(h)
promulgated pursuant to the Securities Act of 1933. The  Offering
Price is estimated as the average of the bid and asked prices  on
January 18, 2001.

                             Part I
      Information Required in the Section 10(a) Prospectus

Item 1. Plan Information

The  Company  is offering shares of its common stock  to  various
individuals  for  legal  consulting  services  performed  on  the
Company's behalf. This issuance of shares is being made  pursuant
to  a Legal Consulting Plan (the "Plan") adopted by the Board  of
Directors on September 7, 2000. The Board has equated this number
of  shares  to  the  value  of the legal or  consulting  services
provided  or  to  be  provided by these individuals.  The  shares
issued  hereunder will not be subject to any resale restrictions.
The  Plan is not qualified under ERISA. The following individuals
will receive the number of shares listed next to their names:

  Daniel   G.   Chapman,            50,000 shares for legal
  Esq.                                  consulting services
  Sean P. Flanagan, Esq.            50,000 shares for legal
                                        consulting services

Item 2. Registrant Information and Employee Plan Annual
Information

The  participants  shall provided a written  statement  notifying
them  that  upon written or oral request they will  be  provided,
without  charge, (i) the documents incorporated by  reference  in
Item  3 of Part II of the registration statement, and (ii)  other
documents  required to be delivered pursuant to Rule 428(b).  The
statement  will inform the participants that these documents  are
incorporated  by  reference in the Section 10(a) prospectus,  and
shall  include  the  address (giving  title  or  department)  and
telephone number to which the request is to be directed.

                             Part II
       Information Required in the Registration Statement

Item 3. Incorporation of Documents by Reference.

The following are hereby incorporated by reference:

          (a)  The registrant's Articles of Incorporation as filed with the
            Amended Form 10-SB on August 2, 1999.

          (b)  The registrant's By-Laws as filed with the Amended Form 10-
            SB on August 2, 1999.

          (c)  All other reports filed pursuant to Section 13(a) or 15(d)
            of the Exchange Act since the end of the fiscal year covered by
            the registration documents referred to above.

Item 4. Description of Securities.

Not Applicable.

Item 5. Interest of Named Experts and Counsel.

The  shares  being  registered herein are  being  issued  to  the
Registrant's  attorneys for services provided to the  Registrant.
Neither the Registrant's Accountants nor any other experts  named
in the registration statement has any equity or other interest in
the Registrant.

Item 6. Indemnification of Directors and Officers.

The  Company  and  its  affiliates  may  not  be  liable  to  its
shareholders  for errors in judgment or other acts  or  omissions
not  amounting  to intentional misconduct, fraud,  or  a  knowing
violation  of  the law, since provisions have been  made  in  the
Articles  of  Incorporation and By-laws limiting such  liability.
The  Articles  of  Incorporation and  By-laws  also  provide  for
indemnification of the officers and directors of the  Company  in
most  cases  for any liability suffered by them or  arising  from
their activities as officers and directors of the Company if they
were  not engaged in intentional misconduct, fraud, or a  knowing
violation  of the law. Therefore, purchasers of these  securities
may  have  a  more limited right of action than they  would  have
except  for this limitation in the Articles of Incorporation  and
By-laws.

The  officers and directors of the Company are accountable to the
Company  as fiduciaries, which means such officers and  directors
are required to exercise good faith and integrity in handling the
Company's  affairs. A shareholder may be able to institute  legal
action  on  behalf  of  himself and all others  similarly  stated
shareholders to recover damages where the Company has  failed  or
refused to observe the law.

Shareholders may, subject to applicable rules of civil procedure,
be  able  to  bring a class action or derivative suit to  enforce
their  rights, including rights under certain federal  and  state
securities  laws and regulations. Shareholders who have  suffered
losses  in connection with the purchase or sale of their interest
in  the  Company  in  connection  with  such  sale  or  purchase,
including  the misapplication by any such officer or director  of
the  proceeds from the sale of these securities, may be  able  to
recover such losses from the Company.

Item 7. Exemption from Registration Claimed.

Not applicable.

Item 8. Exhibits.

The rights of common shareholders are defined in the Registrant's
Articles of Incorporation which have been incorporated into  this
Registration  Statement by reference (see Item 3, Part  II).  The
Registrant  does  not intend for this Plan to be qualified  under
ERISA,  and does not, therefore, intend to comply with the  terms
of ERISA.

Item 9. Undertaking.

The registrant makes the following undertakings:

     (a)       (1)   (i)   To  file, during any period  in  which
               offers  or  sales are being made, a post-effective
               amendment to this registration statement:

                    (ii) To include any material information with
               respect to the plan of distribution not previously
               disclosed  in  the registration statement  or  any
               material  change  to  such  information   in   the
               registration statement;

          (2)  That, for the purpose of determining any liability
          under  the  Securities  Act of 1933,  each  such  post-
          effective  amendment  shall  be  deemed  to  be  a  new
          registration  statement  relating  to  the   securities
          offered therein, and the offering of such securities at
          that  time shall be deemed to be the initial bona  fide
          offering thereof.

          (3)   To  remove from registration by means of a  post-
          effective   amendment  any  of  the  securities   being
          registered  which remain unsold at the  termination  of
          the offering.

     (b)  The  undersigned registrant hereby undertakes that, for
          purposes of determining any liability under the Securities Act of
          1933, each filing of the registrant's annual report pursuant to
          section 13(a) or section 15(d) of the Securities Exchange Act of
          1934 (and, where applicable, each filing of an employee benefit
          plan's annual report pursuant to section 15(d) of the Securities
          Exchange Act of 1934) that is incorporated by reference in the
          registration statement shall be deemed to be a new registration
          statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be
          the initial bona fide offering thereof.
     (c)  Insofar as indemnification for liabilities arising under the
          Securities Act of 1933 may be permitted to directors, officers
          and controlling persons of the registrant pursuant to the
          foregoing provisions, or otherwise, the registrant has been
          advised that in the opinion of the Securities and Exchange
          Commission, such indemnification is against public policy as
          expressed in the Act and is therefore, unenforceable. In the
          event that indemnification is permitted to directors, officers
          and controlling personas of the registrant pursuant to the
          foregoing provisions, or otherwise, the registrant has been
          advised that in the opinion of the Securities and Exchange
          Commission such indemnification is against public policy as
          expressed in the Act and is, therefore, unenforceable. In the
          event that a claim for indemnification against such liabilities
          (other than the payment by the registrant of the expenses
          incurred or paid by a director, officer or controlling person of
          the registrant in the successful defense of any action, suit or
          proceeding ) is asserted by such director, officer or controlling
          person in connection with the securities of such corporation it
          is the opinion of the SEC that any such indemnification is
          against public policy.

                           SIGNATURES

Pursuant  to the requirements of the Securities Act of 1933,  the
registrant  certifies that it has reasonable grounds  to  believe
that it meets all of the requirements for filing on Form S-8  and
has  duly caused this registration statement to be signed on  its
behalf by the undersigned, thereunto duly authorize, in the  City
of Las Vegas, State of Nevada on January 18, 2001.

                                   (Registrant) Elast Technologies, Inc.


                                   By /s/ Thomas Krucker
                                        Thomas Krucker, President

Pursuant to the requirements of the Securities Act of 1933,  this
registration  statement has been signed by the following  persons
in the capacities and on the date indicated.

          Signature                   Title              Date



/s/ Thomas Krucker             President, Director  January 18,
Thomas Krucker                                      2001



/s/ Dr. Robert Milne           Chairman of the      January 18,
Dr. Robert Milne               Board of Directors   2001



Dr. Eduardo Daniel Jimenez     Director             January 18,
Gonzalez                                            2001
Dr. Eduardo Daniel Jimenez
Gonzalez



                            PART III

                        INDEX TO EXHIBITS

EXHIBIT NUMBER        EXHIBIT

         5            Opinion re: Legality

         23           Consent of Independent Certified Public
                      Accountants
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{"company-data": {"conformed-name": "ELAST TECHNOLOGIES INC", "cik": "0001080924", "assigned-sic": "2834", "irs-number": "880380544", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-54094", "film-number": "1512368"}, "business-address": {"street1": "2505 RANCHO BEL AIR", "city": "LAS VEGAS", "state": "NV", "zip": "89107", "phone": "7028788310"}, "mail-address": {"street1": "2505 RANCHO BEL AIR", "city": "LAS VEGAS", "state": "NV", "zip": "89107"}}
UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                            FORM S-8

                  REGISTRATION STATEMENT UNDER
                   THE SECURITIES ACT OF 1933

                    Elast Technologies, Inc.
     (Exact name of registrant as specified in its charter)

    Nevada                                         88-0380544
(State of Incorporation)                   (I.R.S. Employer ID No.)

2505 Rancho Bel Air, Las Vegas, Nevada                      89107
(Address of Principal Executive Offices)                 (Zip Code)

                      Legal Consulting Plan
                    (Full title of the Plan)

 Chapman & Flanagan, Ltd., 2080 E. Flamingo Rd., Suite 112, Las
                         Vegas, NV 89119
             (Name and address of agent for service)

                         (702) 650-5660
  (Telephone number, including area code, of agent for service)

                 Calculation of Registration Fee

 Title of     Amount to     Proposed     Proposed     Amount of
Securities        be        Maximum     Aggregate    Registration
   to be      Registered    Offering     Offering        Fee
Registered                 Price Per      Price
                           Share (1)

  Common       100,000       $0.625     $62,500.00    $  15.63
   Stock        Shares
(1)  The Offering Price is used solely for purposes of estimating
the   registration  fee  pursuant  to  Rules  457(c)  and  457(h)
promulgated pursuant to the Securities Act of 1933. The  Offering
Price is estimated as the average of the bid and asked prices  on
January 18, 2001.

                             Part I
      Information Required in the Section 10(a) Prospectus

Item 1. Plan Information

The  Company  is offering shares of its common stock  to  various
individuals  for  legal  consulting  services  performed  on  the
Company's behalf. This issuance of shares is being made  pursuant
to  a Legal Consulting Plan (the "Plan") adopted by the Board  of
Directors on September 7, 2000. The Board has equated this number
of  shares  to  the  value  of the legal or  consulting  services
provided  or  to  be  provided by these individuals.  The  shares
issued  hereunder will not be subject to any resale restrictions.
The  Plan is not qualified under ERISA. The following individuals
will receive the number of shares listed next to their names:

  Daniel   G.   Chapman,            50,000 shares for legal
  Esq.                                  consulting services
  Sean P. Flanagan, Esq.            50,000 shares for legal
                                        consulting services

Item 2. Registrant Information and Employee Plan Annual
Information

The  participants  shall provided a written  statement  notifying
them  that  upon written or oral request they will  be  provided,
without  charge, (i) the documents incorporated by  reference  in
Item  3 of Part II of the registration statement, and (ii)  other
documents  required to be delivered pursuant to Rule 428(b).  The
statement  will inform the participants that these documents  are
incorporated  by  reference in the Section 10(a) prospectus,  and
shall  include  the  address (giving  title  or  department)  and
telephone number to which the request is to be directed.

                             Part II
       Information Required in the Registration Statement

Item 3. Incorporation of Documents by Reference.

The following are hereby incorporated by reference:

          (a)  The registrant's Articles of Incorporation as filed with the
            Amended Form 10-SB on August 2, 1999.

          (b)  The registrant's By-Laws as filed with the Amended Form 10-
            SB on August 2, 1999.

          (c)  All other reports filed pursuant to Section 13(a) or 15(d)
            of the Exchange Act since the end of the fiscal year covered by
            the registration documents referred to above.

Item 4. Description of Securities.

Not Applicable.

Item 5. Interest of Named Experts and Counsel.

The  shares  being  registered herein are  being  issued  to  the
Registrant's  attorneys for services provided to the  Registrant.
Neither the Registrant's Accountants nor any other experts  named
in the registration statement has any equity or other interest in
the Registrant.

Item 6. Indemnification of Directors and Officers.

The  Company  and  its  affiliates  may  not  be  liable  to  its
shareholders  for errors in judgment or other acts  or  omissions
not  amounting  to intentional misconduct, fraud,  or  a  knowing
violation  of  the law, since provisions have been  made  in  the
Articles  of  Incorporation and By-laws limiting such  liability.
The  Articles  of  Incorporation and  By-laws  also  provide  for
indemnification of the officers and directors of the  Company  in
most  cases  for any liability suffered by them or  arising  from
their activities as officers and directors of the Company if they
were  not engaged in intentional misconduct, fraud, or a  knowing
violation  of the law. Therefore, purchasers of these  securities
may  have  a  more limited right of action than they  would  have
except  for this limitation in the Articles of Incorporation  and
By-laws.

The  officers and directors of the Company are accountable to the
Company  as fiduciaries, which means such officers and  directors
are required to exercise good faith and integrity in handling the
Company's  affairs. A shareholder may be able to institute  legal
action  on  behalf  of  himself and all others  similarly  stated
shareholders to recover damages where the Company has  failed  or
refused to observe the law.

Shareholders may, subject to applicable rules of civil procedure,
be  able  to  bring a class action or derivative suit to  enforce
their  rights, including rights under certain federal  and  state
securities  laws and regulations. Shareholders who have  suffered
losses  in connection with the purchase or sale of their interest
in  the  Company  in  connection  with  such  sale  or  purchase,
including  the misapplication by any such officer or director  of
the  proceeds from the sale of these securities, may be  able  to
recover such losses from the Company.

Item 7. Exemption from Registration Claimed.

Not applicable.

Item 8. Exhibits.

The rights of common shareholders are defined in the Registrant's
Articles of Incorporation which have been incorporated into  this
Registration  Statement by reference (see Item 3, Part  II).  The
Registrant  does  not intend for this Plan to be qualified  under
ERISA,  and does not, therefore, intend to comply with the  terms
of ERISA.

Item 9. Undertaking.

The registrant makes the following undertakings:

     (a)       (1)   (i)   To  file, during any period  in  which
               offers  or  sales are being made, a post-effective
               amendment to this registration statement:

                    (ii) To include any material information with
               respect to the plan of distribution not previously
               disclosed  in  the registration statement  or  any
               material  change  to  such  information   in   the
               registration statement;

          (2)  That, for the purpose of determining any liability
          under  the  Securities  Act of 1933,  each  such  post-
          effective  amendment  shall  be  deemed  to  be  a  new
          registration  statement  relating  to  the   securities
          offered therein, and the offering of such securities at
          that  time shall be deemed to be the initial bona  fide
          offering thereof.

          (3)   To  remove from registration by means of a  post-
          effective   amendment  any  of  the  securities   being
          registered  which remain unsold at the  termination  of
          the offering.

     (b)  The  undersigned registrant hereby undertakes that, for
          purposes of determining any liability under the Securities Act of
          1933, each filing of the registrant's annual report pursuant to
          section 13(a) or section 15(d) of the Securities Exchange Act of
          1934 (and, where applicable, each filing of an employee benefit
          plan's annual report pursuant to section 15(d) of the Securities
          Exchange Act of 1934) that is incorporated by reference in the
          registration statement shall be deemed to be a new registration
          statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be
          the initial bona fide offering thereof.
     (c)  Insofar as indemnification for liabilities arising under the
          Securities Act of 1933 may be permitted to directors, officers
          and controlling persons of the registrant pursuant to the
          foregoing provisions, or otherwise, the registrant has been
          advised that in the opinion of the Securities and Exchange
          Commission, such indemnification is against public policy as
          expressed in the Act and is therefore, unenforceable. In the
          event that indemnification is permitted to directors, officers
          and controlling personas of the registrant pursuant to the
          foregoing provisions, or otherwise, the registrant has been
          advised that in the opinion of the Securities and Exchange
          Commission such indemnification is against public policy as
          expressed in the Act and is, therefore, unenforceable. In the
          event that a claim for indemnification against such liabilities
          (other than the payment by the registrant of the expenses
          incurred or paid by a director, officer or controlling person of
          the registrant in the successful defense of any action, suit or
          proceeding ) is asserted by such director, officer or controlling
          person in connection with the securities of such corporation it
          is the opinion of the SEC that any such indemnification is
          against public policy.

                           SIGNATURES

Pursuant  to the requirements of the Securities Act of 1933,  the
registrant  certifies that it has reasonable grounds  to  believe
that it meets all of the requirements for filing on Form S-8  and
has  duly caused this registration statement to be signed on  its
behalf by the undersigned, thereunto duly authorize, in the  City
of Las Vegas, State of Nevada on January 18, 2001.

                                   (Registrant) Elast Technologies, Inc.

                                   By /s/ Thomas Krucker
                                        Thomas Krucker, President

Pursuant to the requirements of the Securities Act of 1933,  this
registration  statement has been signed by the following  persons
in the capacities and on the date indicated.

          Signature                   Title              Date

/s/ Thomas Krucker             President, Director  January 18,
Thomas Krucker                                      2001

/s/ Dr. Robert Milne           Chairman of the      January 18,
Dr. Robert Milne               Board of Directors   2001

Dr. Eduardo Daniel Jimenez     Director             January 18,
Gonzalez                                            2001
Dr. Eduardo Daniel Jimenez
Gonzalez

                            PART III

                        INDEX TO EXHIBITS

EXHIBIT NUMBER        EXHIBIT

         5            Opinion re: Legality

         23           Consent of Independent Certified Public
                      Accountants