Monday, May 22, 2017 8:57:13 PM
Venice, 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
https://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=15659
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Sold on 02/24/14
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