Published:
Lifeline Biotechnologies, Inc. Implements Acquisition Strategy to Increase Growth of the Company
Lifeline Biotechnologies, Inc. (PINKSHEETS: LBTN)
announced today that the Company has completed the implementation of its
strategy to actively pursue acquisition, merger, and joint venture
candidates.
Lifeline Biotechnologies, following their current strategy of
diversification, has developed two divisions within the Company. One
division will be the medical division, and the other division will be
diversified into a holding company which will acquire interest in
companies, primarily in the Nutraceutical and Energy industries.
"Lifeline Biotechnologies has incorporated a strategy to develop the
company through the mergers and acquisition of interests in companies in
the Medical, Nutraceutical, and Energy Industries. This will enable the
company to accumulate assets while increasing revenues and profitability,"
stated Jim Holmes, President and CEO of Lifeline Biotechnologies, Inc.
About Lifeline Biotechnologies, Inc.:
Lifeline Biotechnologies develops and acquires undervalued companies which
have innovative technology in the Medical, Nutraceutical, and Energy
Industries, to increase the growth of the Company. Lifeline
Biotechnologies continues to seek out and capitalize on emerging
technologies that will change the medical community.
More information is available at the company's website: www.lbtn.com.
Safe Harbor: This release includes forward-looking statements 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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