Oncology Med Announces That It Will Seek Listing on the NASDAQ Over The Counter Bulletin Board
Tuesday June 19, 2007 9:45 am ET
PITTSBURGH, PA--(MARKET WIRE)--Jun 19, 2007 -- Oncology Med, Inc. (Other OTC:ONCO.PK - News) announced today that it will seek to list and have its shares trade on the NASDAQ Over The Counter Bulletin Board. The Company will commence interviewing and engage an SEC PCBOA approved accounting firm in order to get its prior two years of financials audited in addition to broker-dealers in order to file the necessary 15C-211 paperwork. The Company expects to have its financials audited and its 15C-211 filed within the next 90-120 days and is hopeful that the listing will become effective 90 days thereafter. The Company feels that its prospects of completing potential acquisitions in addition to raising future capital will increase by following this course of action.
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Dr. William J. Walker, chairman of Oncology Med, Inc., stated, "We have always planned to have our financials audited to not only provide more public disclosure and give confidence to our investors concerning the Company's performance but also as a necessary step to seek listing on the NASDAQ Over The Counter Bulletin Board. The Company has the potential of acquiring synergistic and complementary businesses within the oncology space and we believe that this is critical in moving toward accomplishing this goal."
About Oncology Med, Inc.
Oncology Med is a public company engaged in the fulfillment of services related to the treatment of various cancers. It currently provides analysis and design of radiation treatment plans in order for radiation oncologists to administer radiation plans to cancer patients. Current services facilitate radiation treatment programs ranging from external beam radiation to more advanced radiation treatment technologies.
More information about Oncology Med, Inc. can be found at www.oncologymed.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
Contact:
For information, please contact:
Mr. Trevor Bentley
Investor Communications
Bentley Communications
1-888-818-8738
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