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Tuesday, November 29, 2011 4:02:53 PM
NEW YORK, NY--(Marketwire - 07/20/11) - Healthnostics, Inc. (Pinksheets:HNSS - News) has been authorized to present its shareholders with an offer to purchase a minimum of 51 percent of the Company's outstanding shares for $.01 per share cash.The Healthnostics Board of Directors had approved this transaction and agreed to recommend it to Healthnostics stockholders. That recommendation is now withdrawn. The Board believes the offer to be inadequate.
Black said he could get us out of this mess by buying back shares or selling the company. Why isn't he doing either one of those to combat the supposed shorts? GLTA
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