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WSRA is on the move today at .0230
Gold, silver rally on inflation fears
Gains for oil, grains futures feed concerns of higher prices
SAN FRANCISCO (MarketWatch) — Gold and silver futures rallied on Wednesday, with investors back into precious metals after a recent selloff and as higher prices for other commodities highlighted lingering fears of inflation.
Gold for June delivery /quotes/comstock/21e!f:gc\m11 GCM11 -0.31% rose $15.80, or 1.1%, to $1,495.80 an ounce on the Comex division of the New York Mercantile Exchange.
Gold on Tuesday slid $10.60 to the lowest settlement since April 14.
Silver for July delivery /quotes/comstock/21e!f1:si\n11 SIN11 +0.65% advanced $1.61, or 4.8%, to $35.10 an ounce. In the previous session, silver dropped to its lowest close since Feb. 25.
“Silver is the one galloping,” said Adam Klopfenstein, a senior market strategist at Lind Waldock in Chicago. “If this is trade-based or a change of sentiment, we‘ll find out in the follow-up (Thursday).“
Click to Play Fixed-income strategist on outlookKathy Jones, fixed-income strategist at Schwab Center for Financial Research, talks about the outlook for the fixed-income market.
A rally for oil futures, back at more than $100 a barrel, and corn and wheat futures brought back fears of inflation, he added.
Oil for June delivery /quotes/comstock/21n!f:cl\m11 CLM11 +0.01% topped $100 a barrel after a government supplies report showed unchanged inventories, contrary to analyst expectations of a rise. Read more about oil futures.
Corn for July delivery /quotes/comstock/21b!f1:c\z11 CN11 +1.20% rallied 3.8% to $7.48 a bushel on the Chicago Board of Trade as weather concerns have dominated the trade. Wheat soared 7.2%. See more about planting and bad weather for grains.
The dollar also declined against major currencies, providing an extra boost to commodities, which gained across the board.
The dollar index /quotes/comstock/11j!i:dxy0 DXY -0.21% , which compares the U.S. unit to a basket of six currencies, traded recently at 75.289 from 75.441 in late North American trading on Tuesday.
A weaker dollar is beneficial to commodities, which are priced in dollars and are made more expensive by a rising U.S. currency.
For gold in particular, a lower dollar also brings back investors who have betted against the dollar and on rising commodities in the past months.
Copper futures were also gained ground Wednesday, with July copper /quotes/comstock/21e!f:hg\n11 HGN11 -0.46% up 11 cents, or 2.7%, to $4.11 a pound.
Platinum and palladium rose, with July platinum /quotes/comstock/21n!f2:pl\n11 PLN11 -0.57% up $18.90, or 1.1%, to $1,779.90 an ounce.
Palladium for June delivery /quotes/comstock/21n!f1:pa\m11 PAM11 -0.33% advanced $22.95, or 3.2%, to $737.20 an ounce.
Financial reports from Japan’s top auto makers “indicate an uneven recovery” in demand for platinum and palladium to be used in automobile catalytic converters, said ETF Securities, which offers exchange-traded funds physically backed by platinum, palladium and other metals.
eyes on THRA this week. The company’s change in corporate direction, specifically into the lucrative fields of geophysics, geology and engineering, THRA.PK has boldly stepped up and into investors’ line of sight.
thats great! keep me posted! eyes on THRA this week
good day monda2frida! yup its been awhile been on a long vacation.. but now that im back would love to see some kiss ass plays!
THRA on radar today. A steady build up in volume trading over the last few days in addition to a series of news updates, have led investors to believe a turn up in the company’s fortunes are just around the corner.
Oil above $100 as traders eye dollar, recovery
Oil hovers near $100 in Europe as trader eye impact on recovery, demand for crude
Oil prices inched above $100 a barrel Thursday thanks to the effects of a stronger dollar, but gains were limited by the International Energy Agency's warning that expensive crude was hurting the global economy.
By early afternoon in Europe, benchmark crude for June delivery was up 41 cents to $100.51 a barrel in electronic trading on the New York Mercantile Exchange.
In London, Brent crude for July delivery gained 50 cents to $112.80 a barrel on the ICE Futures exchange.
The Paris-based IEA's Governing Board said that despite a recent price correction, it continued to have "serious concerns" about the negative effect of oil at current levels.
The IEA said the rise in oil prices since September had a negative effect on the economic recovery "by widening global imbalances, reducing household and business income, and placing upward pressure on inflation and interest rates."
"Additional increases in prices at this stage of the economic cycle risk derailing the global economic recovery and are neither in the interest of producing nor of consuming countries."
Oil markets have been following the value of the dollar most days recently. A weaker dollar makes oil less expensive for investors with other currencies and usually helps push crude higher, while a stronger U.S. currency tends to lead commodities lower.
The euro fell to $1.4270 on Thursday from $1.4296 late Wednesday while the dollar gained to 81.88 yen from 81.69 yen.
"It would appear the stage is set for a further crude price advance back toward the $104 area, however, such an up-move will be highly contingent on additional dollar weakening," Ritterbusch and Associates said in a report.
Traders are struggling to gauge the strength of U.S. crude and gasoline demand heading into the summer driving season.
On Wednesday, oil rose $3.19, or 3.3 percent, to settle at $100.10 after the Energy Department's Energy Information Administration said crude supplies fell 15,000 barrels while analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos. had predicted an increase of 500,000 barrels.
However, gasoline inventories inched higher and earlier this week, MasterCard SpendingPulse's weekly survey of retail gas demand showed a drop for the eighth straight week.
Some analysts considered Wednesday's upswing a likely exception, with the recent volatility making the sharp fluctuations "par for the course."
"We think the run higher could continue for a little while longer," said analysts at Commerzbank in Frankfurt. "However, in the absence of any upside catalyst that can be considered a pivotal event, we suspect the move will ultimately be regarded as nothing more than a technical 'relief rally' in what is still a down market."
In other Nymex trading in June contracts, heating oil rose 0.5 cent to $2.9109 a gallon and gasoline gained 1.14 cents to $2.9669 a gallon. Natural gas futures slid 0.9 cent to $4.189 per 1,000 cubic feet.
Alex Kennedy in Singapore contributed to this report.
JNIP level 2
CIRT level 2
CIRT looking hot check out the l2
whats up jeweljack? TGIF!
morning orca! i agree with you! looking forward to see more greens at the end of the day
CIRT up by 50% today!
CIRT grooving!
CIRT looking good today! up by 50 points
CIRT volume alert
rise and shien street trader! TGIF
Citigroup reaches aid deal with government
AP – Citigroup Center is seen in New York, Monday, Feb. 23, 2009. Citigroup Inc. has approached banking regulators … NEW YORK – The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank.
The deal announced Friday — the third attempt at a rescue plan for Citigroup in the past five months — is contingent on private investors also agreeing to a similar swap.
The aim is to keep the New York bank holding company alive and bolster its capital as it faces growing losses amid the intensifying global recession. Existing shareholders would see their ownership stake shrink to as litte as 26 percent and the bank said it is eliminating all dividends on common shares.
Investors appeared disappointed in the deal and expected dilution of their stake, sending shares plummeting 94 cents, or 32.8 percent, to $1.56 in premarket trading. The news also dragged down stock futures ahead of Friday's market opening.
Underscoring its precarious nature, the company also disclosed that it recorded a goodwill impairment charge of about $9.6 billion due to deterioration in the financial markets.
The Treasury Department, which has provided a total of $45 billion to Citi, said the transaction requires no new federal funds. But it left the door open for Citigroup to seek additional government funding or for the conversion to common shares of the remaining $20 billion in federal bailout money it received late last year. The government currently holds about an 8 percent stake in Citi.
For now, that $20 billion in government funding will be converted into a new class of preferred shares that will be senior to other bank debt and it will continue to pay a yearly 8 percent cash dividend. As part of the deal, the payout for all other preferred shares will be suspended.
Citi will offer to exchange up to $27.5 billion of its existing preferred stock held by private investors at a conversion price of $3.25 per share. That's a 32 percent premium over Thursday's closing price of $2.46.
The Government of Singapore Investment Corp., Saudi Arabian Prince Alwaleed Bin Talal, Capital Research Global Investors and Capital World Investors are among the private investors that said they would participate in the exchange.
The conversion will help provide Citi the mix of capital to withstand further weakening in the economy. The stock-conversion option was laid out by the Obama administration earlier this week as an option for providing relief to banks. It gives the government greater flexibility in dealing with ailing banks. It also gives the government voting shares, and therefore more say in a bank's operations.
But common shares absorb losses before preferred shares do, which means taxpayers would be on the hook if banks keep writing down billions of dollars' worth of rotten assets, such as dodgy mortgages, as many analysts expect they will.
On the other hand, common stock in banks is incredibly cheap, and taxpayers would reap gains if the banks come back to health and the stock price goes up.
In Washington, the Treasury Department confirmed the deal. "Treasury will receive the most favorable terms and price offered to any other preferred shareholder through this exchange," the department said in a statement.
One of the hardest hit banks by the ongoing credit crisis, Citi has also received guarantees from the government that protecting it from the bulk of losses on $300 billion of risky investments. Citi has been especially hit hard by investments in the mortgage market, which began to collapse in 2007.
The deal comes as Citi is in the process of shedding assets and cutting staff as it looks to reduce costs and streamline operations ahead of splitting its traditional banking businesses from its riskier operations. Last month, Citi reached a deal to sell a majority stake in its Smith Barney brokerage unit to Morgan Stanley.
Citi will also reshape its board of directors, Richard Parsons, the bank's chairman, said in a statement Friday. The board, which currently has 15 members, will have a majority of new independent directors as soon as possible, Parsons added.
Three board members in recent weeks have already said they would not seek re-election as the company's annual shareholders meeting in April. Two others will reach the mandatory retirement age by the time of the meeting.
Earlier this month, Roberto Hernandez Ramirez said he would not stay on beyond his current term. Last month, Robert Rubin, a former Treasury Secretary who was a longtime Citigroup board member, and Win Bischoff, most recently chairman at Citigroup, both announced their retirement from the company.
The goodwill charge announced Friday was added to Citi's 2008 results along with a $374 million impairment charge tied to its Nikko Asset Management unit. The charges resulted in Citi revising its 2008 loss to $27.7 billion, or $5.59 per share.
rise and shine breakout!
De Beers pensioners up in arms
Brendan Ryan
Posted: Thu, 26 Feb 2009
[miningmx.com] -- DE BEERS pensioners believe they are being unfairly penalised as the diamond group battles to cope with grim financial and market conditions.
It was disclosed last week that De Beers has put its main producing mines in Botswana on care and maintenance until further notice, while the group is also laying off employees and contractors at its Snap Lake mine in Canada.
The three shareholders which control De Beers – Anglo American, the Oppenheimer family and the Botswana government – have agreed to provide $500m in interest-free loans to the company.
That is in addition to about $300m in loans provided by shareholders in 2008.
The pensioners’ gripe is that the De Beers Pension Fund declared a surplus of R1.18bn which it paid out in 2008, allocating R591.5m to pension fund members and handing R591.5m back to De Beers.
While this treatment of the surplus is legal, a number of pensioners are up in arms because they were subsequently informed that they would not receive any increment in their pensions during 2009 to compensate for inflation.
There are about 10,500 De Beers pensioners, among them a substantial number of senior executives who have left the group in recent years as it sharply downsized its head office staff.
A group of these pensioners have banded together and are now in discussions with pension fund trustees.
A former senior De Beers executive said: “Legally, the trustees have not done anything wrong but, morally and ethically, we believe it was wrong to take that money out of the pension fund given the current economic situation.
“Most of the pensioners would have preferred the money to have remained in the pension fund so as to be able to tide the members over the next few years.”
Another De Beers pensioner said; “The De Beers pension fund was very well funded and used to come up with annual increments in pensions that were related to inflation.
“We are highly upset about the way this was handled and intend to take the trustees to task over it. We are trying to get an amicable solution but, if needs be, this could end up in court.
“I believe it was immoral to allow De Beers to walk away with that amount of money and leave pensioners without an increment in their pensions under current economic circumstances.”
De Beers Pension Fund principal officer Leon Coetzee said: “We have spoken to a group of pensioners who are concerned about the matter and discussions are ongoing.
“We have undertaken to review the situation as soon as the markets improve. At the end of the day the decision to pay out the surplus was taken by the trustees.”
According to a statement from the De Beers Pension fund actuary, “the surplus apportioned was only that money left after setting aside reserves and contingency reserves on the most conservative basis allowed by the Pension Fund Act.
“The poor investment returns of 2008 had the effect of reducing the contingency reserves backing the pensioner assets, but as at December 31 2008 the fund still held contingency reserves which were 6% to 8% in excess of the liabilities, which too were assessed on a conservative basis.
“The fund’s actuary has confirmed that the pensioner portfolio is in a sound financial position as at December 31 2008, although obviously the position is weaker than at March 1 2007.
“The trustees, acting on the advice of the actuary, decided to adopt a conservative approach and not grant a pension increase as at January 1 2009. In making this decision it should be borne in mind that most pensioners had received an increase of 6.5% on November 1 2008 as part of the fund’s surplus apportionment scheme.
“The trustees took the view that if the financial markets were to enter a period similar to that of the Great Depression, the fund would need as much contingency reserves as possible as a buffer.
“On the other hand, if markets improved significantly, the trustees would grant pensioners an increase at that time (ie they would not wait until January 1 2010, the normal next increase date, before granting this increase.)”
morning gas peeps!
NVSR on fire today, level 2 rocks
morning breakout! IMGR moving and grooving!
IMGR nice start moving up!
IMGr on the move today
Crude futures rise another 2%, tracking stock gains
By Polya Lesova, MarketWatch
Last update: 9:05 a.m. EST Feb. 26, 2009NEW YORK (MarketWatch) -- Crude-oil futures rose to trade above $43 a barrel Thursday, buoyed by a decline in gasoline inventories as well as an impending higher open on Wall Street.
Crude for April delivery gained 87 cents, or 2%, to $43.35 a barrel in electronic trading on Globex. On Wednesday, oil futures rallied more than 6%.
Falling U.S. gasoline supplies "sparked speculation that fuel demand may improve," noted analysts at Action Economics.
The nation's gasoline consumption during the past four weeks rose 1.7% from a year ago, the Energy Information Administration reported Wednesday. Gasoline inventories fell by 3.4 million barrels for the week ended Feb. 20, more than analysts surveyed by Platts had expected.
"This week's data showed a rise in gasoline demand, but due to lower prices at the pump; therefore, as energy prices rise, this demand would once again dissipate, hence restricting a sustained rally," said Nimit Khamar, an analyst at Sucden Financial Research.
"A sustained rally beyond $50 is unlikely," Khamar said.
Also Thursday, U.S. stock futures advanced, with the broader market looking past the red ink reported by General Motors Corp., among other factors. See Indications.
Video: Strategies for a Volatile Market
MarketWatch's Polya Lesova speaks to "Discover the Upside of Down" author Ron Coby about opportunities in an ailing market.There was more gloomy news on the economic front for energy traders to consider as well.
First-time applications for state unemployment benefits rose by 36,000 last week to a seasonally adjusted 667,000, continuing a persistent trend. The level of initial claims is the highest since October 1982. See Economic Report.
Separately, orders for U.S.-made durable goods fell again, down a deeper-than-expected 5.2% in January. Orders had never fallen six months in a row since the data collection began in 1992. Read more.
Also in energy trading, March reformulated gasoline gained 3 cents to $1.20 a gallon and March heating oil rose 1 cent to $1.25 a gallon. Both contracts will expire at the end of trading on Feb. 27.
Meanwhile, natural gas for April delivery added 2 cents to stand at $4.04 per million British thermal units.
The EIA will report data on natural-gas supplies at 10:30 a.m. Eastern on Thursday. IHS Global Insight is projecting a storage withdrawal of 145 billion cubic feet for the week ended Feb. 20.
Polya Lesova is a New York-based reporter for MarketWatch
rise and shine breakout!
IMGR on the greens as well as RKBD JVDT and PGCR
good day stock surgeon! whats up? RKBD is on fire today,
super run! enjoy the ride while its still hot!
THRA moving up again
THRA on the move
THRA l2
RBDK on fire
RKBD super on the move today
RKBD on the move
RKBD on the move check out the level 2
check out IMGR news today
Infinity Medical Group Inc. Updates 18 Yonge Street Project
Wednesday February 25, 9:15 am ET
TORONTO--(MARKET WIRE)--Feb 25, 2009 -- Infinity Medical Group Inc. (Other OTC:IMGR.PK - News), a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics that offer elective medical and dental procedures, is pleased to announce that it expects its 18 Yonge Street location, that includes a Rejuvena MedSpa and a Dental Implant Partners, to be completed by the summer of 2009.
ADVERTISEMENT
Infinity Medical Group has completed the design and bid process for its 18 Yonge Street location and expects full construction to commence.
Infinity Medical Group Inc. is a specialty healthcare development company whose primary focus is in servicing the cosmetic medical laser and dental implant fields. Infinity Medical Group provides turnkey support for both medical and dental professionals and aids in their professional development through the emerging fields of cosmetic medical lasers and dental implants. Infinity differentiates itself by offering "what it takes to operate and grow a group of clinics."
Management is excited to announce the completion of the design and bid process of our 18 Yonge Street location. Even though this has taken longer than expected, the company feels it was important to plan out this location thoroughly since this can be a model for all future locations.
About Infinity Medical Group Inc.:
Infinity Medical Group Inc. is a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics offering elective procedures.
About The 18 Yonge Street Project:
The 18 Yonge Street Project is a commercial retail space at the bottom of a 39 storey Condominium complex and an easy walk to the Waterfront, Air Canada Centre, Union Station, Financial District and the 48 storey 872 unit Maple Leaf Square Condominium complex. New-condominium sales in the City of Toronto were up 45.7 percent last year, going from 13,535 units in 2006 to 19,724 in 2007 according to officials from the Building Industry and Land Development Association (BILD), announced on 2/22/2008 in a news release. Downtown Toronto is undergoing a building boom. According to an unofficial estimate assembled by National Post staff on December 19th 2007, the vertical expansion totals about 3,005 storeys, including at least 37,355 condo units.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Contact:
For further information, contact:
Karen Willoughby
Investor Relations
Phone: 1-866-365-4724
Website: http://www.infinitymedical.com
IMGR news update
Infinity Medical Group Inc. Updates 18 Yonge Street Project
Wednesday February 25, 9:15 am ET
TORONTO--(MARKET WIRE)--Feb 25, 2009 -- Infinity Medical Group Inc. (Other OTC:IMGR.PK - News), a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics that offer elective medical and dental procedures, is pleased to announce that it expects its 18 Yonge Street location, that includes a Rejuvena MedSpa and a Dental Implant Partners, to be completed by the summer of 2009.
ADVERTISEMENT
Infinity Medical Group has completed the design and bid process for its 18 Yonge Street location and expects full construction to commence.
Infinity Medical Group Inc. is a specialty healthcare development company whose primary focus is in servicing the cosmetic medical laser and dental implant fields. Infinity Medical Group provides turnkey support for both medical and dental professionals and aids in their professional development through the emerging fields of cosmetic medical lasers and dental implants. Infinity differentiates itself by offering "what it takes to operate and grow a group of clinics."
Management is excited to announce the completion of the design and bid process of our 18 Yonge Street location. Even though this has taken longer than expected, the company feels it was important to plan out this location thoroughly since this can be a model for all future locations.
About Infinity Medical Group Inc.:
Infinity Medical Group Inc. is a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics offering elective procedures.
About The 18 Yonge Street Project:
The 18 Yonge Street Project is a commercial retail space at the bottom of a 39 storey Condominium complex and an easy walk to the Waterfront, Air Canada Centre, Union Station, Financial District and the 48 storey 872 unit Maple Leaf Square Condominium complex. New-condominium sales in the City of Toronto were up 45.7 percent last year, going from 13,535 units in 2006 to 19,724 in 2007 according to officials from the Building Industry and Land Development Association (BILD), announced on 2/22/2008 in a news release. Downtown Toronto is undergoing a building boom. According to an unofficial estimate assembled by National Post staff on December 19th 2007, the vertical expansion totals about 3,005 storeys, including at least 37,355 condo units.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Contact:
For further information, contact:
Karen Willoughby
Investor Relations
Phone: 1-866-365-4724
Website: http://www.infinitymedical.com
IMGR news out today
Infinity Medical Group Inc. Updates 18 Yonge Street Project
Wednesday February 25, 9:15 am ET
TORONTO--(MARKET WIRE)--Feb 25, 2009 -- Infinity Medical Group Inc. (Other OTC:IMGR.PK - News), a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics that offer elective medical and dental procedures, is pleased to announce that it expects its 18 Yonge Street location, that includes a Rejuvena MedSpa and a Dental Implant Partners, to be completed by the summer of 2009.
ADVERTISEMENT
Infinity Medical Group has completed the design and bid process for its 18 Yonge Street location and expects full construction to commence.
Infinity Medical Group Inc. is a specialty healthcare development company whose primary focus is in servicing the cosmetic medical laser and dental implant fields. Infinity Medical Group provides turnkey support for both medical and dental professionals and aids in their professional development through the emerging fields of cosmetic medical lasers and dental implants. Infinity differentiates itself by offering "what it takes to operate and grow a group of clinics."
Management is excited to announce the completion of the design and bid process of our 18 Yonge Street location. Even though this has taken longer than expected, the company feels it was important to plan out this location thoroughly since this can be a model for all future locations.
About Infinity Medical Group Inc.:
Infinity Medical Group Inc. is a specialty healthcare development company focusing on the building, finance and management of cosmetic medical laser and dental implant clinics offering elective procedures.
About The 18 Yonge Street Project:
The 18 Yonge Street Project is a commercial retail space at the bottom of a 39 storey Condominium complex and an easy walk to the Waterfront, Air Canada Centre, Union Station, Financial District and the 48 storey 872 unit Maple Leaf Square Condominium complex. New-condominium sales in the City of Toronto were up 45.7 percent last year, going from 13,535 units in 2006 to 19,724 in 2007 according to officials from the Building Industry and Land Development Association (BILD), announced on 2/22/2008 in a news release. Downtown Toronto is undergoing a building boom. According to an unofficial estimate assembled by National Post staff on December 19th 2007, the vertical expansion totals about 3,005 storeys, including at least 37,355 condo units.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Contact:
For further information, contact:
Karen Willoughby
Investor Relations
Phone: 1-866-365-4724
Website: http://www.infinitymedical.com