Immunotech Laboratories Inc. Corporate Update
January 10 2014 - 8:00AM
Access Wire
MONROVIA, CA / ACCESSWIRE / January 10, 2014 / Immunotech
Laboratories, Inc. (OTCMARKETS: IMMB) Immunotech Laboratories, Inc.
today released the following company updates for Shareholders and
Investors:
Immunotech Laboratories Inc. , A Nevada Corporation, (IMMB), is
pleased to announce that the financials for the company have been
completed and are currently being audited.
Blaine Nabors VP of Business Development today said Immunotech’s
financials are now complete and now is in the hands of our Auditor,
Travis Green, DKM Certified Public Accountants , in Florida, who
will audit our financials for the upcoming S-1 registration
statement.
As we are moving forward to becoming a fully reporting company,
Immunotech Laboratories will begin posting information not only in
this form, but investors will find information on our website as
well as other social media outlets. So, please visit us at
http://www.immunotechlab.com/ for complete information
regarding our business model and steps we are taking to receive FDA
approval for our process. In the filing of this S-1 registration
statement, once it has become effective, we expect to receive
support for our next step in the process with the FDA. World
Finance Capital Holdings Inc. has informed us that along with this
registration statement, it will also put together SWORD financing
http://en.wikipedia.org/wiki/SWORD-financing for the larger part of
our funding needs as we move through the phases of FDA
approval.
About Immunotech:
Immunotech Laboratories is
a drug development company committed to the commercialization of
its proprietary proteins for the treatment of debilitating
infectious diseases. Immunotech is committed to creating drugs for
the better health of mankind.
Immunotech’s flagship compound ITV-1 (Immune Therapeutic
Vaccine-1) is a suspension of Inactivated Pepsin Fraction (IPF),
which studies have shown is effective in the treatment of HIV/AIDS.
IPF is the active drug substance of ITV-1 and is a purified extract
of porcine pepsin. ITV-1 has been shown to modulate the immune
system.
About World Finance Capital Holdings: World Finance Capital
Holdings is a diversified holdings company who assists public
companies with finance through equity lines of credit and project
financing.
Safe Harbor Statement: This news release contains
forward-looking statements that involve risks and uncertainties
associated with financial projections, budgets, milestone
timelines, clinical development, regulatory approvals, and other
risks described by Immunotech Laboratories, Inc. from time to time
in its periodic reports filed with the SEC. IPF is not approved by
the US Food and Drug Administration or by any comparable regulatory
agencies elsewhere in the world. While Immunotech Laboratories
believes that the forward-looking statements and underlying
assumptions contained therein are reasonable, any of the
assumptions could be inaccurate, including, but not limited to, the
ability of Immunotech Laboratories to establish the efficacy of IPF
in the treatment of any disease or health condition, the
development of studies and strategies leading to commercialization
of IPF in the United States, the obtaining of funding required to
carry out the development plan, the completion of studies and tests
on time or at all, and the successful outcome of such studies or
tests. Therefore, there can be no assurance that the
forward-looking statements included in this release will prove to
be accurate. In light of the significant uncertainties inherent in
the forward-looking statements included herein, Immunotech
Laboratories or any other person that the objectives and plans of
Immunotech Laboratories will be achieved should not regard the
forward-looking statements as a representation.
Contact
Blaine@immunotechlab.com
Source: Immunotech Laboratories Inc.
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