Tuesday, June 30, 2015 1:15:47 PM
500 Hazelwood
RoadVenice Florida 34293 USA
COMPANY STATEMENT
FROM: JOHN MEREDITH, CFO & DIRECTOR, Therapy Cells, Inc
We have been actively engaged in negotiations regarding the required funding for the Company as stated in the last quarterly Financial Statements posted on the OTC website.
Whilst those negotiations have been successfully concluded and a long- term relationship entered into, there have been a number of problems regarding the mechanics and logistics of the agreement – some have been local in nature and others as a result of global influences – all of which have been beyond our control.
We had hoped that the funding would be received by today and indicated as such in previous
releases; the funding has now been delayed a further month and we have been given assurances that this deadline will be met.
The Board is, naturally, disappointed but we remain positive that
the process for FDA approval can start in the very near future. As soon as we have any news we will issue a further statement.
Venice, Florida
June 30th, 2015
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