Institutes of Biomedical Research Corp (MRES)

[StockHobit]

Announcement: Neuro-Biotech, Now reached Dept Free Status
Tuesday 14, December 2010
NEURO-BIOTECH CORP. ANNOUNCES, HAVING NOW REACHED DEBT FREE STATUS, AND CURRENTLY PLANNING ITS DISTRIBUTION PROGRAM FOR 2011

BASEL, Switzerland, le 14 déc. - Neuro-Biotech Corp. (PINKSHEET: MRES) (OTCQB: MRES) announced today having now reached debt free status, and currently planning its distribution program for 2011.

After 2 years of hard work and administrative organisation to finance and bring to market the distribution of its products, Neuro-Biotech Corp. is proud to inform its shareholders that it has repaid all debts to third parties totalling the sum of one million, one hundred, twenty five thousand and nine hundred thirteen dollars ($ 1,125,913).

"The team has been working non-stop to attain this level, and we now have all green lights to begin a strategically planned series of Scientific Speakerships and Road Shows in Europe and United States."

For more information on Neuro-Biotech Products: neuro-biotechcorp.com.