Lifeline Biotechnologies, Inc. Discusses Formation of New Subsidiary in Audio Interview on Stockbully.com
October 07 2008 - 7:25AM
Business Wire
Lifeline Biotechnologies, Inc. (Pink Sheets: LLBO) announced today
that CEO, Jim Holmes, has been featured in an interview on
www.stockbully.com. In the interview, Mr. Holmes discussed the
recent formation of First Warning Systems, Inc., as well as
advances in the development of the company's patented First Warning
System, a technology designed to assist in the early, non-invasive,
non-radiation, non-compression detection of breast cancer.
Stockbully.com gives attention to emerging growth companies that
seek more exposure in the investment community. Stockbully.com is a
multimedia investor relations source that seeks out promising and
mostly undiscovered companies in the market place and enables their
clients to utilize multimedia marketing to gain exposure via the
information highway. �We are excited about the creation of our
First Warning Systems, Inc. subsidiary and the focus
commercializing the potentially lifesaving technology. With the
creation of First Warning Systems, Inc., we can focus on the
process of searching for and validating a number of potential
strategic partners,� stated Lifeline Biotechnologies, Inc.
President and CEO Jim Holmes. About Stockbully.com Stockbully.com
differentiates itself from traditional investor relations
businesses in that it strives to take a long-term approach. It
nurtures and supports promising emerging companies with the aim of
growing and appreciating in value. Through exposure on the
Internet, Stockbully.com enables its clients to secure a place in
their respective sector. Clients with limited financial means can
utilize multimedia marketing via the Internet to gain a competitive
edge. For more information, please visit
http://www.stockbully.com/. About Lifeline Biotechnologies, Inc:
Lifeline Biotechnologies, Inc. is an innovative medical technology
company that is focused on completing the development of the First
Warning System�, which was designed to assist in the early
detection of breast cancer. Of the approximately $138 billion spent
on cancer each year, Lifeline could potentially save the healthcare
industry up to $4.1 billion annually, assuming the following are
successfully completed: the development of the First Warning
System�, the completion of clinical trials and FDA pre-marketing
clearance. Additional information can be found on the Company�s
website at: www.lbti.com. Lifeline competes in the money markets
for funds to support the development and commercialization of its
products. The cost of funds, for early stage companies like
Lifeline, is expensive and the terms have been, and may continue to
be, dilutive. Safe Harbor: This release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 27E of the Securities Act of 1934. Statements
contained in this release that are not historical facts may be
deemed to be forward-looking statements. Investors are cautioned
that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
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