InterNatural Pharmaceuticals, Inc. Reports Corporate Changes.Health/Medical Writers & Business Editors LOS LOS Length of stay, see there ANGELES--(BW HealthWire)--Nov. 15, 2001 InterNatural Pharmaceuticals, Inc. ("Company"), (Pink Sheets:INAT INAT Institut National Agronomique de Tunisie (Tunisia) INAT Network Architecture for Intelligent Routing ), by unanimous written consent of its Board of Directors, reports the following corporate changes. SHARE DISTRIBUTION InterNatural Pharmaceuticals, Inc., by unanimous written consent of its Board of Directors dated November 5, 2001, has approved the distribution of one (1) share of its wholly-owned subsidiary, Checkpoint (programming) checkpoint - Saving the current state of a program and its data, including intermediate results, to disk or other non-volatile storage, so that if interrupted the program could be restarted at the point at which the last checkpoint occurred. Genetics Group, Inc., to each Company stockholder on record as of September 30, 2001. The distribution shall take effect no later than November 30, 2001. As a result of the distribution, all Company shareholders of record on September 30, 2001 will become shareholders of the subsidiary. SUBSIDIARY NAME CHANGE On November 5, 2001, Checkpoint Genetics Group, Inc., the Company's subsidiary mentioned hereinabove here·in·a·bove adv. Hereinbefore. , has approved a change in its name to "HealthTech Group, Inc." Said approval was obtained by and through a unanimous written consent of its Board of Directors. This change will take effect immediately upon approval by the Secretary of State of Nevada. ANNOUNCEMENT OF ANNUAL SHAREHOLDERS MEETING The Company, by unanimous written consent of its Board of Directors and pursuant to its by-laws, has scheduled the annual meeting of shareholders for the first week of May 2002. InterNatural Pharmaceuticals, Inc. has established principal equity investments in its subsidiaries to represent the parent company's focus in biotechnology and pharmaceutical products that result from these developments. For a complete copy of the Form 8K filing, please visit www.pinksheets.com and/or link to www.freeEDGAR.com The press 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. 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 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. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. |
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