Received this via email and wanted to share.
We can repair the elastic in that favorite folding cane of yours for $17.00, and that includes shipping with in the 48 states. Just send Paypal payments to firstname.lastname@example.org and include the length of the cane if known. The turn around for our repairs are about 7 to 10 days, and you save from having to buy a new folding cane. Also, you can send questions to the same email address.