Advanced Plant Pharmaceuticals, Inc. -- OTC BB 'APPI' -- Announces Dividend and Spin-Off Alzheimer's Product.Business/Health Editors NEW YORK--(BUSINESS WIRE)--April 18, 2002 (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : APPI APPI American Psychiatric Publishing, Inc. APPI American Psychiatric Publishing Inc. APPI American Psychiatric Press, Inc. APPI Atmospheric Pressure Photoionization APPI Advanced Peer-to-Peer Internetworking APPI Advanced Plant Pharmaceuticals Inc. ) Advanced Plant Pharmaceuticals, Inc. a company that utilizes whole plants to develop all natural dietary supplements, is pleased to announce that they intend to develop a subsidiary company through a spin-off its Alzheimer's product LHM LHM Lord Help Me LHM Left-Handed Material LHM Lockheed Martin LHM Left-Handed Media LHM Lord Have Mercy LHM Laser Hardened Materials LHM Liquide Minerale Hydraulique (suspension system) LHM labile heavy mineral 123. The proposed name for the new subsidiary company is Amazing Nutritionals, Inc. ("ANI"). It is intended that ANI will be fully registered with the SEC and shall be eligible for trading under the rules of the SEC on the Over the Counter Bulletin Board of the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . ANI intends to give APPI 2 million shares of its common stock for all rights to APPI's product LHM123. APPI also intends to distribute a dividend to its current shareholders based upon the spin-off. All APPI shareholders will receive 1 share of ANI for every 600 shares owned in APPI as of the record date, July 31, 2002. ANI plans to trade at $1.00 per share upon commencement of trading. ANI plans to secure an investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. who will be responsible in structuring all aspects of the proposed spin-off and dividend. ANI plans to aggressively market LHM123 along with other innovative products currently in ANI's research and development phase. For more information on APPI, please visit the Company's Web site at www.advancedplantpharm.com. FORWARD LOOKING STATEMENTS: This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the Company. |
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