Lifeline Biotechnologies, Inc. Extends Stock Exchange Date.RENO, Nev. -- First graph, second sentence of release dated April 26, 2007 should read: Lifeline life·line n. 1. a. An anchored line thrown as a support to someone falling or drowning. b. A line shot to a ship in distress. c. A line used to raise and lower deep-sea divers. 2. Biotechnologies, Inc. is offering to exchange its Series B Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". , which the Company is valuing at $1.00 per share, for common shares of stock submitted to the Company's transfer agent by May 18, 2007, which the Company is valuing at $.000625 per share, a premium to the current market price (sted Lifeline Biotechnologies, Inc. is offering to exchange its Series B Convertible Preferred Stock, which the Company is valuing at $1.00 per share, for common shares of stock submitted to the Company's transfer agent by May 18, 2007, which the Company is valuing at $.001 per share, a premium to the current market price). The corrected release reads: LIFELINE BIOTECHNOLOGIES, INC. EXTENDS STOCK EXCHANGE DATE Lifeline Biotechnologies, Inc. (Pink Sheets:LBTN LBTN Land Based Test Network (Space & Naval War Systems Command) LBTN Low Bandwidth Tactical Network LBTN Link Button ) today announced the Company is extending the date that its common shareholders can submit their common stock certificates pursuant to its exchange program. Lifeline Biotechnologies, Inc. is offering to exchange its Series B Convertible Preferred Stock, which the Company is valuing at $1.00 per share, for common shares of stock submitted to the Company's transfer agent by May 18, 2007, which the Company is valuing at $.000625 per share, a premium to the current market price. This means for every 1,600 shares of common stock submitted to the Company for exchange, shareholders will receive one share of Series B Convertible Preferred Stock valued at $1.00 for future conversion purposes. Current shareholders must have their shares to OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Corporate Transfer Service Company by May 18, 2007, unless extended by the Company, in order to qualify for the exchange of common shares to Series B Convertible Preferred Shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. . Shareholders must submit a minimum of 100,000 shares of common stock. The Series B Convertible Preferred Stock will be protected from any future stock restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). by the Company. For the complete terms and conditions of the stock exchange program, the Company will be posting particulars on its website www.lbtn.com. In addition, the Company will prepare and mail to its shareholders of record an Information Statement disclosing the terms and conditions of the exchange. "We are very pleased to be able to offer our shareholders this exchange program. With our program announcement today, we are reaffirming our confidence and optimism in the long-term future of the Company. As more information becomes available, it will be provided on our website and or through press releases," stated Jim Holmes, President of Lifeline Biotechnologies, Inc. About Lifeline Biotechnologies, Inc. Lifeline Biotechnologies, Inc. has recently reacquired the First Warning System[TM] which it had sold in 2006. The Company will focus on completing the development of the First Warning System[TM], designed to assist in the early detection of breast cancer. The underlying technology, upon which the First Warning System[TM] is based, holds the possibility of eliminating over 90% of unnecessary breast biopsies Breast Biopsy Definition A breast biopsy is removal of breast tissue for examination by a pathologist. This can be accomplished surgically, or by withdrawing tissue through a needle. performed each year. The potential savings could reach $2.8 billion annually. Additionally, the First Warning System[TM] could conceivably con·ceive v. con·ceived, con·ceiv·ing, con·ceives v.tr. 1. To become pregnant with (offspring). 2. eliminate the need for suggested MRIs, a savings of another $1.3 billion. Upon successful completion of the development of the First Warning System[TM], conducting clinical trials and obtaining FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. pre-marketing clearance, Lifeline will commence marketing its breast cancer early detection system. Of the approximately $138 billion spent on cancer each year, Lifeline could potentially save the healthcare industry up to $4.1 billion annually. More information is available at the Company's website: www.lbtn.com. 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. : This release includes 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 Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. To automatically receive instant updates, press releases, and other information on this and other Big Apple Consulting USA companies, please visit www.bigappleconsulting.com/compro.php and download To receive a file transmitted over a network. 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