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Corporate Development Strategies Inc. Business Update.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- The Board of Directors of Corporate Development Strategies, Inc. (Pink Sheets:CDSJ CDSJ Community Development and Social Justice (Scholars Program) ) provide the following business update in relation to the company's recent depreciation in stock price. In spite of the recent depressed share price, CDSJ's efforts to reach significant milestones continues uninterrupted.

The fundamentals of CDSJ business are solid. The company's subsidiary Millenium Silver Company (MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. ) has filed paperwork to incorporate and register a wholly-owned subsidiary company in Mexico; the formation and registration of a Mexican business entity is necessary prior to completing the acquisition of mineral projects or investing capital.

Lastly, the company reports that the Management believed that at least 5,500,000 shares of its predecessor company, Memory Sciences Corp ("MEMC MEMC Mission Essential Minor Construction
MEMC Mount Elizabeth Medical Centre (Singapore)
MEMC Mitchell Electric Membership Corporation (Georgia)
MEMC Monsanto Electronic Materials Company, Inc.
") were traded and management believed that those shares were not in the shareholders list of Memory Sciences Corp. which is now known as CDSJ. The management of CDSJ herewith here·with  
adv.
1. Along with this.

2. By this means; hereby.


herewith
Adverb

Formal together with this:
 announced that any shareholders currently holding shares in the name of Memory Sciences Corp. can no longer trade or exchanges its shares and has requested to returns all shares to the Company for cancellation.

Shareholders are advised that no current projects have been delayed due to the depressed shares price reasons. While the decline in share price affects the ability to raise equity funding Equity funding

An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund.
, management of the company is confident in its belief that the share price will recover as the market recognizes the company's achievements as progress continue.

Darrell Cho

President

Corporate Development Strategies, Inc.

This press release contains statements, which may constitute "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.
" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 30, 2004
Words:375
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