Tasco Holdings International Changes Name to Bio-Matrix Scientific Group Inc. Effective September 5, 2006; New Symbol is BMSN on the Bulletin Board.SAN DIEGO -- Tasco Holdings International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :THII THII Tasco Holdings International Inc. (San Diego, CA) ) announced today that effective Tuesday, September 5, 2006 the company will be known as Bio-Matrix Scientific Group Inc. The Company will trade under the new symbol BMSN on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . A company spokesperson said "We just received confirmation that NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on has received everything necessary to effect the name change for the company. The reorganization will be effective at the open of the market on September 5, 2006 and the new name will be Bio-Matrix Scientific Group Inc. and the new symbol will be BMSN." Bio-Matrix' Chairman & 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. David Koos stated "Our new name reflects the Company's desire to identify with its new business model, which is adult stem cell Adult stem cells are undifferentiated cells found throughout the body that divide to replenish dying cells and regenerate damaged tissues. Also known as somatic (from Greek Σωματικรณς, of the body banking, cord blood banking and stem cell / tissue management instrumentation. This new business model is the result of the acquisition of Bio-Matrix Scientific Group (Nevada) from BMXP Holdings (symbol:BXPH) on July 3, 2006." Brian Pockett, Managing Director & COO for Bio-Matrix Scientific Group, noted "With our company changing its name, this represents a continuation of the Bio-Matrix brand name and all its good will." DISCLAIMER: This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
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