Bio-Matrix Scientific Group Contracts Executive Recruiting Firm in Search of CFO.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) has contracted an executive search firm to identify candidates for the role of Chief Financial Officer for the Company. To this end, the Company will work with its executive search firm to identify a short list of candidates that have public company reporting experience. The selected candidate will assist Bio-Matrix in preparing all the filings that need to be made in order to be considered a "fully reporting public company." Once the position is filled, the Company anticipates beginning the process of filing to become a fully reporting public company. Bio-Matrix President Brian Pockett said, "This represents the Company's first step towards becoming a fully reporting company. A good CFO See Chief Financial Officer. will help guide the Company in the right direction, making our future plans of becoming fully reporting attainable in the near future. We feel the Company will have greater credibility in the investment banking community once fully reporting status is achieved and will allow us to reach the Company's production and manufacturing goals sooner through increased financing capability." Chairman David Koos stated, "We want both shareholders and potential investors to be able to gain an accurate view of the Company. Bringing a Chief Financial Officer with experience in public markets on board early means we can position the Company and its management team with a solid foundation in the infancy infancy, stage of human development lasting from birth to approximately two years of age. The hallmarks of infancy are physical growth, motor development, vocal development, and cognitive and social development. stages of our business plan and the ever-emerging biotechnology/medical device industry." A spokesperson for the Bio-Matrix Scientific Group said the Company views the search for a quality CFO as a serious commitment to the Company's corporate architecture and future direction. About Bio-Matrix Scientific Group Inc.: Bio-Matrix Scientific Group Inc. is a development stage company in the business of medical devices and monitoring systems research, development and commercialization. Bio-Matrix Scientific Group Inc. is aligning a·lign v. a·ligned, a·lign·ing, a·ligns v.tr. 1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb. itself with partners that offer key technologies in biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. device development, tissue engineering, cell culturing, genome genome: see genetics. genome all the genetic content contained within an organism. An organism's genome is made up of molecules of deoxyribonucleic acid (DNA) that form long strands that are tightly wound into chromosomes, which are found in the therapy and drug delivery systems. Other companies in the same industry as Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) are StemCells Inc. (Nasdaq:STEM), Thermogenesis thermogenesis /ther·mo·gen·e·sis/ (-jen´e-sis) the production of heat, especially within the animal body.thermogenet´icthermogen´ic ther·mo·gen·e·sis n. Corporation (Nasdaq:KOOL KOOL Kentucky Offender Online Lookup KOOL K-Based Object Oriented Language ) and Regeneration Technologies Inc. (Nasdaq:RTIX). DISCLAIMER: This news release contains 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. . Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
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