Lifeline Biotechnologies Announces a Stock Dividend for Its Shareholders.RENO Reno (rē`nō), city (1990 pop. 133,850), seat of Washoe co., W Nev., on the Truckee River; inc. 1903. Tourism has been the major industry since gambling was legalized in Nevada in 1931. , Nev. -- 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. (Pink Sheets: LBTN LBTN Land Based Test Network (Space & Naval War Systems Command) LBTN Low Bandwidth Tactical Network LBTN Link Button ) today announced a common stock dividend which will be issued to its shareholders of record as of April 14, 2006. The stock dividend will total approximately 50 Million unrestricted shares of LBTN. Lifeline Biotechnologies shareholders are expected to receive approximately one and a half shares of LBTN for each ten shares already owned on the record date. "This stock dividend to shareholders is a reward for their continued support as we focus on the increased marketing efforts of our MastaScope(TM) and the development of our First Warning System(TM) and OvaScope(TM). We are very pleased to be in a position to give back to our loyal shareholders and show our appreciation," stated Jim Holmes, 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. of Lifeline Biotechnologies, Inc. About Lifeline Biotechnologies, Inc. Lifeline Biotechnologies, Inc. is a company with innovative medical technologies committed to the improvement of the quality of life through exceptional health care systems. These technologies focus on prevention, early detection, diagnosis and quick recovery of a number of disease conditions. The company's technologies, designed to assist in the early detection of cancers, deal with cutting edge innovation to assist practicing physicians in the delivery of quality medical care. The MastaScope(TM) is used to assist in the early detection of cancer and other abnormalities of the breast. The MastaScope(TM) has completed development and has entered the marketplace in the US and internationally. The First Warning System(TM) for assisting in the early detection of breast cancer and the OvaScope(TM) for assisting in the early detection of ovarian cancer ovarian cancer Malignant tumour of the ovaries. Risk factors include early age of first menstruation (before age 12), late onset of menopause (after age 52), absence of pregnancy, presence of specific genetic mutations, use of fertility drugs, and personal history of breast are continuing to be developed by the company. More information is available at the company's website: www.lbti.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. |
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