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From: Bruce Leitch <xxxxxxxxxx@hotmail.com>
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Subject: BioSecurity, Inc.
Date: Wed, 4 Nov 2009 00:59:40 +0000
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Hello Adam and Tanya=2C
This is some long overdue correspondence to update you both with respect to=
the current status of BioSecurity=2C Inc and our plans going forward. As y=
ou undoubtedly know=2C since last September the capital markets have been b=
eyond challenging and many companies of all sizes and in every market secto=
r have been adversely affected. We were extremely close to a financing last=
summer with two venture capital firms=2C one German based=2C the other Swi=
ss based that fell through in the eleventh hour for reasons not based on th=
e quality of the project. I of course had other potential financing partner=
s=2C or "irons in the fire" as they say available to me=2C but at the same =
time the Company was approaching those parties the market meltdown occurred=
and all anyone was then interested in doing was trying to preserve capital=
=2C not make additional investments. Various of those individuals have been=
in contact with me lately as things are slowly improving economically and =
we are again back in discussion with regards to financing the Company.
The future of companies like ours working in the food safety/disinfection c=
ategory continues to look bright and I am currently working on a small Priv=
ate Placement financing in order to keep things moving forward. The Company=
has been able to improve on our proprietary technology over the last year =
or so=2C and we are also working to possibly acquire another Company which =
has a cost effective produce lot tracking device which would be very import=
ant to government agencies in tracking the source of an outbreak of listeri=
a=2C salmonella or e-coli.
Our development has definitely been somewhat curtailed over the last 18 mon=
ths by financing difficulties and challenges=2C but at the same time we pro=
bably caught a bit of a break because if we had made a public offering duri=
ng the time frame that I had projected that would have been the worst time =
since the "Great Depression" to do so.
The plans remain the same as they originally were for BioSecurity and hopef=
ully I will be back to you soon with more specific news with respect to com=
pleting a major financing and having that financing partner take a position=
in the Company by purchasing a portion of your shares in the Company and t=
hen making a public offering as I had originally envisioned.
As you both know=2C Mark speaks to me frequently and has been nagging=2C or=
should I say more appropriately say=2C asking me to communicate with you b=
oth and I apologize it has taken so long to do so=2C but at least Mark now =
knows that I have accomplished that and I look forward to sending some posi=
tive news with the time frames required to accomplish our goals very soon.
=20
Best Regards=2C
Bruce Leitch
President
BioSecurity=2C Inc. =20
=20
_________________________________________________________________
Ready. Set. Get a great deal on Windows 7. See fantastic deals on Windows 7=
now
http://go.microsoft.com/?linkid=3D9691818=
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<body class=3D'hmmessage'>
Hello Adam and Tanya=2C<BR>
This is some long overdue correspondence to update you both with respect to=
the current status of BioSecurity=2C Inc and our plans going forward. As y=
ou undoubtedly know=2C since last September the capital markets have been b=
eyond challenging and many companies of all sizes and in every market secto=
r have been adversely affected. We were extremely close to a financing last=
summer with two venture capital firms=2C one German based=2C the other Swi=
ss based =3Bthat fell through in the eleventh hour for reasons not base=
d on the quality of the project. I of course had other potential financing =
partners=2C or "irons in the fire" as they say available to me=2C but =
=3Bat the same time the Company was approaching those parties the =3Bma=
rket meltdown occurred and all anyone was then interested in doing was tryi=
ng to preserve capital=2C not make additional investments. Various of those=
individuals have =3Bbeen in contact with me lately as things are slowl=
y improving economically and we are again back in discussion =3Bwith re=
gards to =3Bfinancing the Company.<BR>
The future of companies like ours working in the food safety/disinfection c=
ategory continues to look bright and I am currently working on a small =
=3BPrivate Placement financing =3Bin order to keep things moving forwar=
d. The Company =3Bhas been able to improve on our proprietary technolog=
y over the last year or so=2C and we are =3Balso working to possibly ac=
quire another Company which has a cost effective produce lot tracking devic=
e which would be very important to government agencies =3Bin tracking t=
he source of =3Ban outbreak of listeria=2C salmonella or e-coli.<BR>
Our development has definitely been somewhat curtailed over the last 18 mon=
ths by financing difficulties and challenges=2C but at the same time we pro=
bably caught =3Ba bit of a break because if we had made a public offeri=
ng during the time frame that I had projected that would have =3Bbeen t=
he worst time since the "Great Depression" to do so.<BR>
The plans remain the same as they originally were for BioSecurity =3Ban=
d hopefully I will be back to you soon with more specific news with respect=
to completing a major financing and having that financing partner take a p=
osition in the Company by =3Bpurchasing a portion of your shares =
=3Bin the Company and then making a public offering =3Bas I had origina=
lly =3Benvisioned.<BR>
As you both know=2C Mark speaks to me frequently and has been nagging=2C or=
should I say more appropriately say=2C =3Basking me to communicate wit=
h you both and I apologize it has taken so long to do so=2C but at least Ma=
rk now knows that I have accomplished that and I look forward to sending so=
me positive news with the time frames required to accomplish our goals =
=3Bvery soon.<BR>
 =3B<BR>
Best Regards=2C<BR>
Bruce Leitch<BR>
President<BR>
BioSecurity=2C Inc. =3B =3B =3B<BR> <br /><hr />Get =
a great deal on Windows 7 and see how it works the way you want. <a href=3D=
'http://go.microsoft.com/?linkid=3D9691813' target=3D'_new'>See the Windows=
7 offers now.</a></body>
</html>=
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