CalciTech Update Plant Finance Progress.MAGDEBURG, Germany -- CalciTech Ltd. (Plus Markets:CLK CLK Clock CLK Clerk CLK CDC2-Like Kinase CLK Corel RAVE (file extension) CLK Chep Lap Kok (Hong Kong airport) CLK Ceska Lekarska Komora (Chech) ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLKTF) today provides an update on the progress made with its funding process in Germany. Further to the press release issued 3rd June 2008, CalciTech is pleased to provide an update on the meetings it has had in the first round of talks with banks in Germany This is a list of banks in Germany; see also: (Association of German banks) Europe's financial center in Frankfurt am Main is home to the Euro and the Frankfurt Stock Exchange, as well as base of operations for various financial institutions: Central banks Following a positive response, meetings were held with several institutions. The outcome of these meetings has been the formation of a syndicate of four out of the six banks met with in the first round that will now enter into discussions with the lead bank to review due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , as well as discuss the structure of and potential participation in the funding. CalciTech's Management has planned a second round of meetings with additional interested parties. Roger Leopard, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for CalciTech, stated, GWe are very pleased with the response to our first round of meetings. Despite the current turbulence turbulence, state of violent or agitated behavior in a fluid. Turbulent behavior is characteristic of systems of large numbers of particles, and its unpredictability and randomness has long thwarted attempts to fully understand it, even with such powerful tools as on the capital markets, there is an appetite for good projects such as ours and we are confident that we will be able to come to a positive conclusion." Registered Office: CalciTech Limited Par-La-Ville Place 14 Par-La-Ville Road Hamilton Bermuda Company registration number: 20494 The directors of the company take responsibility for this announcement. This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of 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 Act of 1933 and section 21e of the Securities and Exchange Act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech's products, manufacturing of CalciTech's products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission. This notice should not be regarded as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to conduct designated investment business, as defined by the UK Financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and Markets Act 2000. Reliance should not be placed on the views and information in this notice when taking an investment and or strategic decisions |
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