Bio-One Announces Acquisition Closing Date.Business Editors/Health/Medical Writers ORLANDO, Fla.--(BUSINESS WIRE)--Aug. 29, 2003 Bio-One Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BICO BICO Bicolor ) ("Bio-One" or the "Company") had previously announced on August 20 that their first acquisition was scheduled to be completed by August 31. The Closing date has been moved to the week of September 8 to allow sufficient time for the selling entity shareholders' formal consent to be received. Bio-One has set aside the funds to close the transaction. Bio-One is aggressively pursuing additional acquisition candidates by targeting both manufacturers and marketers of nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. that are already profitable and have growing revenues. Business Summary Bio-One Corporation is an emerging growth company that is embarking on building a significant business in the nutritional supplements industry via vertical integration acquisitions and marketing consolidation. The Company's home state, Florida, ranks first nationally in per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals. consumption of nutritional supplements and second only to California in nutritional supplement sales. The Company's goals are threefold; 1) to uniquely serve people worldwide who desire vitality and longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. ; 2) to interface a quality and value growth philosophy through vertical integration and selected marketing companies consolidation; 3) to provide an outstanding return on investment for Company shareholders. Certain statements released by Bio-One Corporation that are 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. are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other risks detailed in the company's registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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