LadyBug Resource Group to Spin-Off to Shareholders Inner Path Health Corporation
August 26 2010 - 8:00AM
LadyBug Resource Group Inc. (OTCBB:LBRG) announced today the
spin-off of Inner Path Health Corporation to the shareholders of
record as of October 4, 2010. Shareholders will receive one share
of Inner Path Health Corporation for every ten shares of LadyBug
Resource Group Inc.
Inner Path Health Corporation, which recently announced the
signing of an exclusive 20-year licensing agreement for the
worldwide sales and sub-license rights for a line of 170 health,
cosmetic and hair care products, is in the process of arranging US
manufacturing for its product line. The Company is focused on
building sales in China, North America and formulating exclusive
products for the multi-level
industry.
For more information please go to www.InnerPathHealth.com or
visit www.LadyBugRG.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains forward-looking
statements (within the meaning of Section 27a of the Securities Act
of 1933 and Section 21e of the Securities Exchange Act of 1934)
regarding us and our business, financial condition, results of
operations and prospects. Forward-looking statements in this report
reflect the good faith judgment of our management and the
statements are based on facts and factors as we currently know
them. Forward- looking statements are subject to risks and
uncertainties and actual results and outcomes may differ materially
from the results and outcomes discussed in the forward-looking
statements. Readers are urged not to place undue reliance on these
forward-looking statements which speak only as of the date of this
press release. We undertake no obligation to revise or update any
forward-looking statements in order to reflect any event or
circumstance that may arise after the date of the press release.
Political and operational risks in the countries in which LadyBug
Resource Group Inc. may operate and governmental regulation and
judicial outcomes, and other risks detailed from time to time in
LadyBug's filings with the Securities and Exchange Commission,
including its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2009. Copies of each filing may be obtained from the
S.E.C. or its web site at www.sec.gov.
CONTACT: CenterPoint Communications Group, LLC
Todd Lorenze, Investor Relations
(386) 775-2020
info@centerpointcg.com
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