Here's today's ASNB news. What I bolded is especially interesting to me, no mention of equity or debt financing
"December 03, 2015 10:00 AM Eastern Standard Time WILMINGTON, Mass.--(BUSINESS WIRE)--AdvanSource Biomaterials Corporation (OTCQB:ASNB), a leading developer of advanced polymer materials for a broad range of medical devices, today announced the engagement of Mirus Securities Inc. (“Mirus”). Mirus, an investment bank located in the metropolitan Boston area with in-depth experience within the med-tech manufacturing space, has been engaged for the purpose of providing guidance and assessing strategic alternatives.
About Mirus Securities Inc.
Mirus Securities Inc. is a subsidiary of Mirus Capital Advisors which provides investment banking solutions to corporations and business owners in the health care, technology, business services, manufacturing, consumer products, and resort and hospitality industries. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations and valuations. More information about Mirus Securities, Inc. and Mirus Capital Advisors may be found at www.merger.com.
About AdvanSource Biomaterials Corporation
AdvanSource Biomaterials Corporation manufactures advanced polymer materials, which provide critical characteristics in the design and development of medical devices. The Company’s biomaterials are used in devices that are designed for treating a broad range of anatomical sites and disease states. AdvanSource’s business model leverages its proprietary materials science technology and manufacturing expertise in order to expand its product sales and royalty and license fee income. More information about AdvanSource is available at its website at www.advbiomaterials.com."
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