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Re: bridgeofsighs post# 1275

Friday, 08/15/2008 3:27:31 PM

Friday, August 15, 2008 3:27:31 PM

Post# of 2446
Bridge, Re: Cooney suit... it has been settled with no material impact on SRDX .... You had apprised us of this issue in #msg-20407274.

i.e., pg 19 of SRDX 10-Q filed 8/11/2008:

"On June 18, 2008, all ongoing litigation and disputes involving the Company, the former stockholders of InnoRx, Inc., and Michael Cooney, M.D., were settled. The settlement, the terms of which are confidential, does not affect the Company’s interest in, or its ability to fully exploit, the technologies involved in the litigation and disputes. The settlement is reflected in, but did not have a material impact on, the Company’s June 30, 2008 financial statements."
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