InvestorsHub Logo
Followers 15
Posts 879
Boards Moderated 0
Alias Born 09/18/2011

Re: None

Sunday, 03/10/2013 12:13:56 AM

Sunday, March 10, 2013 12:13:56 AM

Post# of 1041
Global Biotech Corp. has set out a new direction for the company. "Our strategic planning involved an assessment of the past and the construction of a brighter future. We intend to continue with our biotech platform but will place greater emphasis on the development of new nutraceutical products that will render the company profitable. We have been subjected to certain malicious, unfounded allegations in the press and the bankruptcy of our subsidiary company but have emerged with a renewed sense of purpose, looking forward. Management has decided that we will change the raison d’être of the company to emphasize and highlight its new direction. We have been working in collaboration with other pharmaceutical and nutraceutical companies and positive results are on the horizon. We expect to post our financial statements shortly and make the company OTC current in its financial disclosures. We have a moral responsibility to our shareholders to persevere and prosper. We have been working quietly and diligently to get the company back on track and bring value to our shareholders. We look forward to the transformation of Global Biotech Corporation into a vibrant and viable company with new goals and objectives.