ANII may see some short-term downward pressure starting tomorrow if CDGD shareholders sell their freely tradable ANII shares....
Advanced Nutraceuticals, Inc., Announces Share Distribution Increasing Shareholder Base
Wednesday November 30, 9:00 am ET
DENVER, Nov. 30 /PRNewswire-FirstCall/ -- Advanced Nutraceuticals, Inc. (OTC Bulletin Board: ANII - News) announced that the approximate 420,523 common shares of ANII owned by Cambridge Holdings, Ltd. (OTC Bulletin Board: CDGD - News; "Cambridge") will be distributed on or about December 2, 2005, to the approximate 1,100 Cambridge shareholders. The distribution of ANII common shares will be made on a pro rata basis to Cambridge shareholders of record on November 22, 2005. Fractional shares will be rounded down to the nearest whole share, if any, and no fractional shares will be distributed or paid. As a result of the prior registration of these ANII shares, they will be freely tradable when distributed. The distribution will not change the approximate 4,662,000 total outstanding common shares of ANII.
