On January 19, 2006, the management of Sino Biotics, Inc., a Delaware corporation (the “Company”) concluded that its previously issued financial statements for fiscal years ended December 31, 2003, December 31, 2004, and December 31, 2005, as included in its Annual Report on Form 10-KSB/A as filed with the Securities and Exchange Commission (the “Commission”) on January 17, 2007 should no longer be relied upon as a result of the Company’s determination that it contains accounting errors in shares issued by the Company.
Additionally, on January 19, 2006, the management of the Company concluded that its previously issued financial statements for fiscal year ended September 30, 2006, as included in its Annual Report on Form 10KSB as filed with the Commission on January 17, 2007 should no longer be relied upon as a result of the Company’s determination that it contains accounting errors in shares issued by the Company.
Sino-Biotics, Inc.
Dated: January 23, 2007
By: David Lennox, President, CEO