VG Life Sciences Inc. (VGLS)

[Eddie2468]

I believe you are correct, as far as an agreement with MB over certain issues. As far as the Board of Directors go, Haig only took control when the lawsuit with T&T started and now recently has given up one seat to MB which will be two once another Director is added. Before the lawsuit, there where six Board Members. So it seems things are starting to get back to normal. Below is from the past.


Our board of directors has six members. Our President and Chief Executive Officer, Haig Keledjian, is a member of the Board and is a full time employee of Viral Genetics. Another director, Arthur Keledjian, is the brother of Haig Keledjian. Hampar Karegeozian served as an executive officer until 2005. The other two members of the Board, Arthur Ammann and Elizabeth Hoffman, are non-employee directors, and the Board has determined that these persons are “independent directors” under the criteria set forth in Rule 4200(15) of the Nasdaq Marketplace Rules.