Lifeline Biotech ( LLBT LLBO)

[pennystock006]

LBTN just updated their information on the pinksheets.com company info section. They changed their market cap to 1.33m as of 2007-03-21. I dont know what they did this for but I am speculating it could possibly have something to do with something some other posters stated on this board about a possible stock buyback or somebody that was intersted in their technology. Again this is complete speculation, just my opinion but if they were selling new shares recently, which would have been increasing the O/S it would have also been increasing their market cap("Market capitalization is just a fancy name for a straightforward concept. Quite simply, it refers to the value of a company, that is, the market value of its outstanding shares"1.). This may have been done for many reasons but I hope it had to do with what the people on here said about the stock buyback or who was intersted in their technology. Any thoughts please post.

dont take anything I say as financial advice.

1- I took the defination of market cap from http://www.investopedia.com/articles/basics/03/031703.asp