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PETV - PetVivo Holdings, Inc. Letter to Shareholders
MINNEAPOLIS, MN, Jun 09, 2014 (Marketwired via COMTEX) -- PetVivo Holdings, Inc. (OTCQB: PETV)
Dear Shareholders: We are very pleased to provide you an update on our recent progress. As you may be aware PetVivo recently entered into a binding term sheet for a merger with our licensing and supply partner Gel-Del Technologies, Inc. Under the agreed upon terms Gel-Del will merge with PetVivo Holdings, Inc. and upon resolution of certain conditions specified as terms, a definitive agreement will consummate the merger.
While the Gel-Del license included an option to merge, both parties agreed that an accelerated path to a merger would maximize shareholder value by providing a strategic inflection point that expands access to capital and accelerates commercialization of both human and animal devices. While this planned merger greatly expands our product pipeline, PetVivo remains committed to a Q4 2014 launch of our first product Kush(TM) for the treatment of animal lameness.
Gel-Del Technologies has an extensive patent portfolio in key territories around the world including six issued US Patents. The portfolio not only protects the medical devices but also its materials and method of manufacture.
Gel-Del has completed a successful pivotal US clinical trial using their novel thermoplastic biomaterial as a dermal filler for human cosmetic applications. The randomized, double-blind, multicenter study compared Gel-Del's CosmetaLife Product to Restylane. In addition to meeting the primary efficacy endpoint, more subjects preferred CosmetaLife to Restylane through the study's duration. A summary of the trial information and results can be found on clinicaltrial.gov website: http://clinicaltrials.gov/show/NCT00414544
The dermal filler market is a multi-billion dollar market opportunity. Last month Nestle reported it is paying $1.4 billion in cash for the rights to sell Restylane and other skin products in the U.S. and Canada. We anticipate entering the dermal filler market 18 to 24 months post merger.
While the human market presents some very large opportunities for Gel-Del's novel devices in the short term PetVivo will continue to focus on the veterinary sector with the launch of the Kush product planned before year-end. We have also established a goal of being listed on NASDAQ within 12 months.
We thank you for your ongoing support and we remain committed to providing ongoing shareholder updates. Regards,
John Lai Chief Executive Officer
About PetVivo, Inc: PetVivo, Inc. is a wholly owned subsidiary of PetVivo Holdings, Inc. (OTCQB: PETV) based in Minneapolis, Minnesota. PetVivo is an emerging biomedical device company focused on the licensing and commercialization of innovative medical devices and other therapeutics for pets.
PetVivo, Inc. believes that it can leverage the investments in the human bio-materials and medical device industries to commercialize therapeutics to pets in a capital and time efficient way. PetVivo's strategy is to in-license proprietary products from human medical device companies specifically for use in pets. A key component of this strategy is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than the more stringently regulated pharmaceuticals.
The fore-going material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the forward-looking statements. Readers accordingly should not place undue reliance on these forward-looking statements, which do not reflect unknown or unanticipated events or circumstances occurring after the date of these forward-looking statements.
CONTACT:
John Lai
Chief Executive Officer
PetVivo Holdings, Inc.
Email: info@petvivo.com
Phone: 612-296-7305
SOURCE: PetVivo Holdings, Inc.
http://www.pickuphelp.com
whick pick up line do you like best? name a few
i use this one just now on the dating site-
I hope there's a fireman around, cause you're smokin'!
this is my old conversation starter package, they think its so weird a strange thing to say, im just breaking the ice , stfu.
hey miss, just interested in having a conversation with you. Now, this is a story all about how,
my life got twisted upside down.
And I'd like to take a minute just sit right there,
I'll tell you how I became the prince of a town called Bel-Air.
since its so "weird" to them i wont use it anymore, i will stick to the new pick up lines
ELTP is expected to see .20+++
ELTP .073 Abuse Resistant Technology (ART) Patent due out the 23rd.
CBAI in loading ZONE...
CTIC in loading zone
CEO indicated in 10K Cysco and IBM are developing new hardware and software applications for remote monitoring that, if successful, could have profound implications for the industry.
page 25 http://ih.advfn.com/p.php?pid=nmona&article=57177025
now when I did a google i could only see monitoring in the business environmental....(the licensing agreements could be explosive)
Now i know Eyetalk was also developed for business, the patents also cover the areas of business:: including
Patent 8,144,184 describes biometric capabilities in identifying and authenticating personnel that approach the system. The EyeTalk Communication biometric capabilities enable the smart camera technology to read physical characteristics such as finger scans, voice recognition, iris scan, physical stature, etc. Biometric use is anticipated in extremely sensitive environments where entry management and security is of critical importance.
Eyetalk For Business
24/7 Communication
EyeTalk allows executives to view businesses and communicate "virtually" any time of the day or night. Archival system and database track and monitor employees, inventory and property.
Acts as a virtual receptionist (respond to anyone who comes to the front entrance)
Provides instant or pre-recorded verification to US Postmaster, UPS and Federal Express
Monitors back entrance deliveries for restaurants and industrial businesses
Prevents false-alarm calls to security and municipalities (eliminating additional human resources burden)
Conversely saves city tax dollars by reducing "immediate response" dispatches
Records employees' arrival and departure
Monitors equipment and office supplies
Tracks inventory
Stats
47 percent of all US businesses have 4 or fewer employees, according to US Census, 2004.
Labor costs rose 1.8 percent while productivity declined, accroding to a June 2007 Bloomberg News report.
ELTP has a chance to dollar land...
Nice line-up 777.. ELTP is high on my list of MOST EXPLOSIVE stocks right now... You know a new PATENT PR for Narcotic Pain Killers will hit next week?
We expect to compete with much larger and better financed companies in the remote monitoring industry, all of which have superior name recognition, such as ADT, Alarm Force, ATT, Pinkerton’s and others. RCI owns the patent by which many of the aforementioned companies will be dependent upon and “MAY” already be infringing in some manner. from 10K page 25 http://ih.advfn.com/p.php?pid=nmona&article=57177025
Grant - Filed Dec 29, 2006 - Issued Mar 27, 2012 - Ronald Carter - Revolutionary Concepts, Inc.
Original Assignee: Revolutionary ... Oct 30, 2007, Revolutionary Concepts, Inc. Detection and viewing system. Claims. 1. A method for two-way audio-video http://www.google.com/patents/US8144183?dq=Revolutionary+concept+inc&hl=en&sa=X&ei=rz_SUIS_B4W02wWruoDADw&ved=0CD4Q6AEwAg
REVO 10K and news expected to follow...
(((((==Ultimate DD Crednology, Inc and Share Structure/NEW CEO.==)))))
Share Structure
1 billion AS and 700 million OS and 531 FLOAT
http://ih.advfn.com/p.php?pid=nmona&article=53462327
04/02/2013 AGREEMENT AND PLAN OF SHARE EXCHANGE "Acquisition"
http://www.otcmarkets.com/financialReportViewer?symbol=COHO&id=102012
http://crednology.com/
COHO added to most explosive http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86415840
FEGR .0027 X .0029
CDIF .0035 X .0041
CDIF Security Details
Share Structure
Market Value1 $103,529 a/o Mar 13, 2013
Shares Outstanding 29,579,807 a/o Jan 08, 2013
Float 29,579,807 a/o Jan 08, 2013
Authorized Shares 250,000,000 a/o Sep 03, 2012
You mean going to be ," EXPLOSIVE"? GO CBAI!
Nice one....CDIF .005 another worth a peek.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=85614287
good news is
all the notes are paid for this year
one due February 27, 2014 $1,252,000
March 10, 2015 $912,139
and the CEO has plenty of time for alternative financing .... which he is working on ... and no new debt has taken place ..
things will get interesting here soon
Wow, definitely i'm going to be adding more CBAI!! IMO
great post Triple7 / CBAI
WHY a merger with CBAI is possible
NOW THE BIG ?
= if a company has more than $3billion whats the fastest way to grow (financially/client base)
Merger / BUYOUT of other companies, basically monopolize the market
One Possibility
I feel CBAI CORD BLOOD AMERICA is getting the financials together to be an attractive candidate, not only for shareholders but for a merger/buyout. not to forget the only publicly traded Cord Blood company.
Some people might say why now
1st: In October 2012 $3.25 billion of committed capital to CBR a competitor http://www.cordblood.com/about-cbr/stem-cell-research-news/press/2012/GTCR-Announces-Investment-in-Cord-Blood-Registry
2nd NEW CEO Geoff Crouse joined CBR as CEO in September 2012. He previously served as Chief Operating Officer at Immucor, a publicly traded.
3rd NEW CEO of CBAI http://www.linkedin.com/pub/joseph-vicente/9/90/93a Joseph Vicente Primarily involved in Mergers & Acquisitions, Corporate Governance
Will the benefits for CBR would be (going public, increase sales/client, chance to uplist NYSE/NASDAQ after the merger)
the company is still undervalued, but most know when financials are getting attractive, it normally means merger/buyout
look at MINE triple7
ELTP & CBAI were at a $1.00
CTIC maybe have bottomed $1.30
ya- looks like'
WTWO table is turning ...
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IF YOU ARE WILLING TO SACRIFICE YOUR TIME FOR THE CAUSE, ---------->>>>>> YOU WILL BE REWARDED " BIG TIME " !!!!!!!!!!!
" Due dilligence is key in PENNY LAND !!!"
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