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Huge Contract Worth 275 Million
Tuesday 18, January 2011
NEURO-BIOTECH CORP. ANNOUNCES THE SIGNING OF ITS FIRST EXCLUSIVE LICENSE AGREEMENT WITH CREDO-TM CORP. FOR DISTRIBUTION OF ITS PRODUCTS IN THE RUSSIAN FEDERATION
BASEL, Switzerland, jan. 18, 2011, Neuro-Biotech Corp. (OTCQB: MRES) announces that it has concluded a Business Development Agreement with Credo-TM, a Russian company.
The Agreement provides for an exclusive right to distribute all Neuro-Biotech proprietary blood analysis kits and NeuroCeuticals™ in territories such as Russia, Belarus, Ukraine and Kazakhstan. Furthermore this agreement binds Credo-TM to a minimum yearly order of 500,000 test units for a term of 10 years. Both parties have agreed on an initial price of $55.00 USD per unit for its initial launch. The pricing for subsequent years may be subject to change.
Credo-TM, a private entity, was created by a group of professors and doctors from one of Russia's oldest and largest human physiological health laboratory. The company is based in the Techno Park area of Kazan City in the Russian Federation. Over the past several years Credo-TM has developed, with the help of government grants, a solid distribution network of advanced and modern medical products in countries such as Russia, Belarus, Ukraine and Kazakhstan. Close to 1200 medical centers and hospitals are using the services of Credo-TM today. The Company's initial effort was the distribution of diagnostic tests for diabetes, pregnancy as well as tuberculosis (early stage). Over the past 3 years, more than 300 employees have joined Credo-TM.
Phone: +7 (843) 272-89-24 - Business Hours: 9-17 (Local Time)
This must be the most elaborate stock deception ever...Making up companies and THEN claiming to bring on board the "President"(wink,wink) of which is obviously an imaginary company...The nerve
LOL...Personally I am a gullible, and I completely believe that with the $275,000,000 in contracts, this is going to be HUGE!!!
el, could you share where the value is that gets us up past a dime...thx...
3. SIGNIFICANT ACCOUNTING POLICIES
GOING CONCERN
Our financial statements have been presented on the basis that it is a going concern, which contemplates the
realization of assets and the satisfaction of liabilities in the normal course of business. Our ability to
continue in existence is dependent on its ability to develop additional sources of capital, or achieve
profitable operations. We sustained losses in the last two years and we have deficits in working capital. Our
financial position at that date and presently is of great concern to us and our investors, however,
management’s plan is to obtain additional capital and to continue to develop, market and distribute musical
tracks through Fuego and its joint venture, Echo-Fuego Music Group, LLC. The accompanying financial
statements do not include any adjustments that might result from the outcome of this uncertainty.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=43650
Very witty come back...
wasn't talking to you
The merger was information given to all investors equally via a PR.
The very fact that you claim to have been given information "The deal is done according to street buzz" "You should try using Linked In, Facebook, Twitter, and other business and social networks...its pretty cool ...folks sometimes tell you interesting things" that the general investor is not privy to, has not been made public, is by definition insider trading.
Legal
The legal version is when corporate insiders—officers, directors, employees and large shareholders, buy and sell stock in their own companies
Illegal
the law today is that if material information about a company, or about the company's stock, is obtained in violation of any duty to any person, and used to trade, the trader is guilty of insider trading.
Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information. Examples of insider trading cases that have been brought by the SEC are cases against:
* Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;
* Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;
* Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;
* Government employees who learned of such information because of their employment by the government;
* Employees of financial printers who learned of the information during the course of their employment; and
* Other persons who misappropriated, and took advantage of, confidential information from their employers.
I am also...There was such great excitement and momentum post conference call, I felt like I had missed the boat...
Sooo Happy, I am still standing on the dock!
It's done according to some twitter posts?
i don't think the deal will be finalized
Guess the hands aren't as strong as you thought barryl
what is the true value of the shares?
that is all it has been doing for weeks now
And currently sitting like a stone at the bottom of a murky pond
GREAT MORNING GUYS!!!
I was 100% sure 2 years ago....I'm am 7% sure now...I simply do not like having money in a stock in which hope, speculation and finger crossing is all that is left.
I really do hope this works out for everyone involved jan...
Have a great night, we should have news shortly, i think.
Thanks htx, you too bud!
Now you're talking...I Would shat my pants! Haven't seen the company do anything for the share price and or shareholders for a long time. I personal don't think that is going to happen though.
No doubt, a great day!
I see what you're are saying Mike, and I have a lot riding here and been in it for a long time...Would love to break a penny again...But the prices did rise before while confirmed dilution was taking place.
Just thinking back to when he was wrong, saying for about a week that it hadn't increased but it had...Might be possible that he is wrong again
We are still down from the share price 3 months ago and down from the share price 1 month ago... our overall trend is down regardless of what happened today
Thanks for clarifying...And you think there is no dilution this month?
I remember when that was happening...but what are your thoughts on 20+million...Thanks Pheniox
What is your point?
Don't know anything about GRNO
It's just that this is the highest volume day I can remember for a very long time...We went for a week in Feb(i think feb) when there was in fact dilution but we were told repeatedly that there wasn't
Been here a lot longer than you bud
Huge Dilution Today...IMO
Gold recovery is very close for suner## inc
Highly doubt it...
Thanks el jefe! Looking forward to it...
Do you believe anyone posts anything positive for any other reason than personal interest? ;)
I just bought in a couple of days ago, lots of excitement going on here... I have read everything I can find and agree it should head to pennies easily...can you elaborate on how we could be valued at .20 (would be more than happy to see it at .20)
Do you believe you have anything to do with the share price getting to .02??? to getting anywhere???
Very happy my .042 purchase order didn't go through last week