Lifeline Biotechnologies Inc (LLBO)

[aiwa]

LLBO is very fishy as of now. I sent them several emails to Jim 3 days ago and still have not received any response yet.

1) The company finished completing the First Warning System since 1998 and the founder, Reeves, even stated that he planned to file for an FDA approval the following year, which was supposed to be year 1999. Now, 10 years later, we just heard the news of the FDA filing.

here is the link: http://www.cancernetwork.com/breast-canc...

2) First Warning System was sold to Solo Endoscopy a couple of years ago and being bought back. A bit fishy here, why would LLBO sold their main technology to Solo Endoscopy in the first place?

3) Why would they be need $750k of additional financing if they stated that the market fundings made several months ago would be sufficient to help them carry on through the FDA process?


STRONG SELLL