Aspen Racing Stables, Inc. Announces Name and Ticker Symbol Change
November 06 2008 - 7:11AM
PR Newswire (US)
HAIKOU, China, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- After a
reverse merger with Kun Run Biotechnology Limited, Aspen Racing
Stables, Inc. (OTC Bulletin Board: ASRS), announced today that
pursuant to a Certificate of Amendment to the Company's Certificate
of Incorporation, as filed with the Nevada Secretary of State on
November 1, 2008, the name of the Company has been changed to Kun
Run Biotechnology, Inc. (hereafter "Kun Run" or the "Company"). The
Company also announced that the new name will be effective on
November 6, 2008, its ticker symbol on the Over-the-Counter
Bulletin Board ("OTC BB") will be changed to "KURU.OB" About Kun
Run Biotechnology, Inc. Kun Run Biotechnology Ltd., together with
its subsidiaries, engages in research, development, production and
commercialization of self-branded synthesized polypeptide
medicines. It uses pioneered solid phase peptide synthesis (SPPS)
and advanced purifying technology to produce various therapeutic
polypeptide drugs, the most famous products of this company is
"TP-5" which can efficiently regulate human's immune system in
order to defense and cure malignant diseases. The company has two
state-of-art manufacturing plants and possesses one of the largest
peptide synthesize capacity across Asia. Safe Harbor Statement
Certain statements set forth in this press release constitute
"forward- looking statements." Such statements are not guarantees
of future performance and are subject to risks and uncertainties
that could cause the Company's actual results and financial
position to differ materially from those included within the
forward-looking statements. Forward-looking statements involve
risks and uncertainties, including those relating to the Company's
ability to introduce, manufacture and distribute new drugs. Actual
results may differ materially from predicted results, and reported
results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among
others, the Company's ability to obtain raw materials needed in
manufacturing, the continuing employment of key employees, the
failure risks inherent in testing any new drug, the possibility
that regulatory approvals may be delayed or become unavailable,
patent or licensing concerns that may include litigation, direct
competition from other manufacturers and product obsolescence. More
information about the potential factors that could affect the
Company's business and financial results is included in the
Company's filings, available via the United States Securities and
Exchange Commission. DATASOURCE: Aspen Racing Stables, Inc.
CONTACT: Sunne Tang of Kunhe Investment management Beijing Co.,
Ltd., +86-10-8591-1911, or
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