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Auriga Laboratories Provides Update on Recent Restructuring; Company Reports 35.5 Million Shares Common Stock Outstanding Following 1 for 15 Reverse Split, New Cusip Number.


NORCROSS, Ga. -- Auriga Laboratories(TM), Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ARGA ARGA Arkansas Rice Growers Association (North Little Rock, AR) ), a specialty pharmaceutical company committed to high-growth revenues through acquisition of valuable brand portfolios and innovative drug development programs, has released an update to investors regarding its recent reincorporation and reverse stock split.

Following the reincorporation and reverse stock split, the Company has approximately 35.5 million shares of common stock outstanding.

At the shareholder meeting held on July 8, 2006, the company's shareholders approved a 1 for 15 reverse stock split. The 1 for 15 reverse split applies to all share lots except those totaling between 100 and 1,500 shares, as of May 31, 2006, the record date.

Because the costs of processing odd sized share lots (those below 100 shares) are generally higher than those associated with transactions of 100 shares or more, the shareholders also authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the Company's Board of Directors the discretion to implement the share split as follows:

--100 to 1,500 shares: Shareholders holding pre-split lots of 100 to 1,500 shares as of May 31, 2006, the record date, would all receive 100 shares after the reverse split.

--More than 1,500 shares: Shareholders holding more than 1,500 shares would receive a total number of post-split shares in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with the 1 for 15 reverse split ratio, with fractional shares Fractional share

Stocks amounting to less than one full share, usually resulting from splits, acquisitions, exchanges, or dividend reinvestment programs.


fractional share

Less than one share of stock, that is, one-third or one-half a share.
 being rounded up to the nearest whole number. To determine post-split share holdings, divide the pre-split total by 15.

--Less than 100 shares: Shareholders with less than 100 shares would also receive a total number of post-split shares in accordance with the 1 for 15 reverse split ratio, with fractional shares being rounded up to the nearest whole number. To determine post-split share holdings, divide the pre-split total by 15.

The shareholders also approved the reincorporation of the Company in Delaware Delaware, state, United States
Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island).
. Both the reverse stock split and reincorporation were effective as of July 11, 2006.

Auriga's new Cusip number CUSIP Number

An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system.

Notes:
This system is used in the U.S. and Canada.
 is 05155L 10 5.

Auriga Laboratories(TM) Reincorporation and New Capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets.  Information

At the shareholder meeting held on July 8, 2006, the shareholders of the company formerly known as Multi Link Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , Inc. (formerly OTCBB:MLNK) approved a 1-for-15 reverse split of its outstanding stock, the reincorporation of the company in Delaware and the re-naming of the company to Auriga Laboratories, Inc. The 1-for-15 reverse split applies to all share lots except those totaling between 100 and 1,500 shares, as of May 31, 2006, the record date. Shareholders holding pre-split lots of 100 to 1,500 shares as of the record date would all receive 100 shares after the reverse split. These corporate actions were effective July 11, 2006. Auriga Laboratories, Inc. is now traded on the Over-the-Counter Bulletin Board under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 ARGA and has approximately 35.5M shares outstanding.

About Auriga Laboratories (TM)

Auriga Laboratories(TM) is a specialty pharmaceutical company capitalizing on high-revenue markets and opportunities in the pharmaceutical industry through aggressive sales, integrated marketing and advanced in-house drug development capabilities. The Company's high-growth business model combines acquisition of proven brand names, powerful product development strategies and rapidly-growing national sales teams and marketing operations. Auriga acquires valuable brand portfolios that are no longer a strategic focus for large pharmaceutical companies, then capitalizes on untapped marketplace opportunities through brand extension and directed sales/marketing programs. The Company's drug-development pipeline leverages novel material science and advanced drug delivery technologies to produce improved formulations of successful drug portfolio brands to further expand markets, sales and clinical indications for proven, successful products. Auriga's exclusive product portfolio currently includes the Extendryl(R) family of pharmaceutical products, indicated for treatment and relief of a range of acute respiratory diseases Noun 1. respiratory disease - a disease affecting the respiratory system
respiratory disorder, respiratory illness

adult respiratory distress syndrome, ARDS, wet lung, white lung - acute lung injury characterized by coughing and rales; inflammation of the
. Auriga plans to become a fully integrated pharmaceutical company by acquiring its own manufacturing and development capabilities. Moving forward, the Company will seek to acquire and/or in-license additional products and technologies to further grow revenues. For more information, please visit: www.aurigalabs.com. For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/auriga/. To read or download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  Auriga's Investor Fact Sheet, please visit http://www.trilogy-capital.com/tcp/auriga/factsheet.html. To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/auriga/quote.html.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in our documents filed from time to time with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities and Exchange Commission and other regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest
regulatory agency

administrative body, administrative unit - a unit with administrative responsibilities
. Statements regarding the regulatory status and/or regulatory compliance of our products, our ability to secure additional financing, our ability to sustain market acceptance for our products, our dependence on collaborators, our ability to find and execute strategic transactions, or potential exposure to 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.
, our exposure to product liability claims, and our prices, future revenues and income and cash flows and other statements that are not historical facts contain predictions, estimates and other forward-looking statements. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved and these statements will prove to be accurate. Important factors could cause actual results to differ materially from those included in the forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 7, 2006
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