Originally posted by Marcidius:
Man, been paper trading this since it was at .005, I'd be making a KILLING Right now
Good luck to those that are in, looks awesome for great gains!
Back a week or so ago there was a lot of posts aboutthis stock and now theres nothing. I am curious if anything has changed since those posts that maybe we don't know about.
quote:
Originally posted by Nony:
Any one can tell me what to with my lbtt should i sell or hold
Bruce
Sigma
quote:
Originally posted by Sigma_1966:
Hold definately. The CE mark approval will bring the price up. To where not sure.Back a week or so ago there was a lot of posts aboutthis stock and now theres nothing. I am curious if anything has changed since those posts that maybe we don't know about.
Anna
RENO, Nev.--(BUSINESS WIRE)--Dec. 9, 2003--Jim Holmes, CEO of Lifeline BioTechnologies Inc. (NQB:LBTT - News) announced that the company has received CE Mark Certification for its Nipple Endoscope(TM) (nipple microendoscope) in Europe. CE Mark Certification is the equivalent of America's FDA approval. Holmes commented that this is the first in a series of the company's products designed to assist in the early detection of certain types of women's cancers.
Jonathan Reeves, vice president of operations who has led this project, attended an international breast cancer symposium in San Antonio, Texas last week. At this symposium, Reeves met with the company's principal investigator in Europe for the Nipple Endoscope(TM), Dr. Kefah Mokbel, and discussed and planned for the introduction of the product in Europe.
Mokbel stated that this technology is welcomed as an important step forward in the management of nipple discharge. The CE Mark Certification means the technology can be widely marketed and used in Europe. The Nipple Endoscope(TM) has great potential in the outpatient setting due to its ease of use for the physician and the patient. This technology should lead to a reduction in the number of unnecessary ductal incision procedures.
Holmes further commented that efforts were underway to establish a distribution network in Europe for the introduction of the Nipple Endoscope(TM). "The obtaining of this CE Mark will allow the company to sell this technology in every country worldwide that requires CE Mark Certification. It is anticipated that sales of this technology will commence in the first quarter of 2004."
At press time, company management was also exploring the possibility of selling the Nipple Endoscope(TM) in the Chinese market, based on its new CE Mark Certification.
Dr. William Reeves, president and founder of Lifeline BioTechnologies, commented, "Now that the CE Mark certificate has been achieved for the Nipple Endoscope(TM), the company will prepare the appropriate information needed for FDA 510K notification for the technology required for the U.S. market."
Company's Web site: www.lbti.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "will," "anticipated," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
--------------------------------------------------------------------------------
Contact:
Lifeline BioTechnologies Inc., Reno
Jim Holmes, 775-324-1933
jholmes777@aol.com
or
Stock Enterprises (Investor Relations)
866-242-2405
stockenter@aol.com
this news is remarkable, it should let this stock fly today... HOPEFULLY!!
This thing should sky rocket now, and when they start selling the nipplescope well this thing will rocket to the moon!
Long and strong!
IT'S A BEAUTIFUL DAY IN THE NEIGHBORHOOD!!!!!!!!
There is still other huge news to be heard so don't sell out too soon for the quick gain. Long term will make you way more.
We have to look forward to: Financing, SDA approval for First Warning System in China, Shaver Blade sales, Nipplescope Sales, Nipplescope FDA approval (which whould be fasttracked) First Warning System FDA approval (also fast tracked)...amoung a few other things which I have forgotten since I'm so excited!
lol!
Goodluck
-moose-
OH BOY! LAUNCH BOOSTERS IGNITED!!!!!!!!!!
Anna
SELL!!!!!!!!!!!
Bruce
THIS HAPPENS QUITE OFTEN WITH THE "SMALLER" STOCKS.
GOOD EXIT TIME IS NOW AS I'M NOT GOING TO BE SURPRIZED TO SEE THIS THING DROP VERY FAST.
OH IF YOUR GUTSY.... IT COULD SHOOT UP 300-500% TODAY.... YOUR MONEY YOUR CALL....
I'M STICKING WITH YOUR STILL AT A EXCELLENT EXIT POINT. I SEE A DROP AND I HOPE FOR YOUR GUYS SAKE, I'M WRONG!
DZ
/
quote:
Originally posted by U4TSAF2:
LBTT $ 0.028 0.0138 97.18% 20,863,372 Other OTCTHIS HAPPENS QUITE OFTEN WITH THE "SMALLER" STOCKS.
GOOD EXIT TIME IS NOW AS I'M NOT GOING TO BE SURPRIZED TO SEE THIS THING DROP VERY FAST.
OH IF YOUR GUTSY.... IT COULD SHOOT UP 300-500% TODAY.... YOUR MONEY YOUR CALL....
Good luck to those that are in, looks awesome for great gains!
quote:
Originally posted by Marcidius:
Man, been paper trading this since it was at .005, I'd be making a KILLING Right nowGood luck to those that are in, looks awesome for great gains!
DZ
/
quote:
Originally posted by usasail:
OH YEH BABY!!! A 1.150 mill count of FREEEE shares @.0021......Had ta take some profit today to pay for all these FREEEE shares....CONGRATS TO ALL, CUZ TODAY IS A DAY WE WILL ALL REMEMBER!!!!
[This message has been edited by chrispete (edited December 09, 2003).]
Merry Christmas early!
Steve
BRUCE
BB
The news of the CE mark has only been out for two days now. We should now see a steady climb with another breakout up to 0.05-0.10
We will now be recieving revenue from Shaver Blades and now the Nipplescope when it starts to be marketed.
Then there is FDA approval which they are prepare the documents for, and I believe it will be fasttracked do to the amazing results the Nipplescope produces.
If you are still looking to get in, watch tomorrow and see where it trades, probably around 0.026 again, if it doesn't drop below 0.025 then the new buy range is now 0.025-0.03 for the next big breakout.
And this breakout will be a result of the previous CE Mark news. We still have to look forward to Funding news later this year...
Do some DD and you will see this is a real gem in the pinksheets
-moose-
quote:
Originally posted by Sigma_1966:
Does anyone think maybe LBTT will go down a little to say the .015 range again.
quote:
Originally posted by Moose:
Just profit taking before the next big run. We will be consolidating for the next few days since we ran up to 0.035 just a while ago. After todays trading I would think the new support is @ 0.02 with resistance around 0.03 then 0.035 after that we should hit 0.05, but I'm also in for the long run so I'm not too worried with down days cause the up days will be huge!
i agree... although today was a painful sight to look at... im in it for the long
quote:
Originally posted by Nony:
It is going down again today.....??????????
what is next
[This message has been edited by Moose (edited December 12, 2003).]
quote:
Originally posted by Moose:
who knows...I'm done predicting what this stcok will do in the coming weeks. But I can tell you that 3-6 months down the road, we will look back and dream of getting it @ 2 cents. We should see this in the dollars by next summerThanks Moose.
I know you cant do much but let us hope for the best.[This message has been edited by Moose (edited December 12, 2003).]
quote:
Originally posted by herm:
anyone think this has found the bottom yet? or are we still on the rollercoaster down for the next week as well
Its hard to say, we went from 0.002 to 0.015 on no news...then the CE mark news came out and we went from 0.015 to 0.035 on news...but now we have retraced back to about 0.017
I personally think the pps is way undervalued due to the promise of this company, if you do a little DD you will find all that this company has in the works. Or just visit the RB LBTT board and read the Summery of LBTT thread, you will learn lots all at once and will most likely buy into this company asap.
I thought 0.02 was the bottom, but I was wrong. But I the current levels are still a great price to jump in on, we won't see 0.015, atleast we SHOULDN'T see 0.015 IMO!
U4TSAF2 posted December 09, 2003 10:38
LBTT $ 0.03 0.0158 111.27% 17,783,054 Other OTC
OH BOY! LAUNCH BOOSTERS IGNITED!!!!!!!!!!
U4TSAF2 posted December 09, 2003 10:40
YOUR BOUNCING RIGHT NOW....
SELL!!!!!!!!!!!
U4TSAF2 posted December 09, 2003 10:43
LBTT $ 0.028 0.0138 97.18% 20,863,372 Other OTC THIS HAPPENS QUITE OFTEN WITH THE "SMALLER" STOCKS. GOOD EXIT TIME IS NOW AS I'M NOT GOING TO BE SURPRIZED TO SEE THIS THING DROP VERY FAST. OH IF YOUR GUTSY.... IT COULD SHOOT UP 300-500% TODAY.... YOUR MONEY YOUR CALL....
U4TSAF2 posted December 09, 2003 10:55
I'M STICKING WITH YOUR STILL AT A EXCELLENT EXIT POINT. I SEE A DROP AND I HOPE FOR YOUR GUYS SAKE, I'M WRONG!
BB Member posted December 09, 2003 20:14
DON'T LISTEN TO U4.
BB Member posted December 10, 2003 21:05
I think this stock will never drop below .02 again. This co. hasn't even begun it's journey.
BB
FRIDAY DECEMBER 12, 2003
LBTT CLOSED AT .0165.
We all know it will go back up. Soon as that FDA approval comes .017 will be just a memory and I will have a new car....LOL LOL LOL
Ahh well... glad I'm in at .002, I guess sometimes patience doesn't always pay (in the short term anyway)
quote:
Originally posted by U4TSAF2:
U4TSAF2 posted December 09, 2003 10:35
LBTT $ 0.0245 0.0103 72.54% 15,635,602 Other OTC
IT'S A BEAUTIFUL DAY IN THE NEIGHBORHOOD!!!!!!!!U4TSAF2 posted December 09, 2003 10:38
LBTT $ 0.03 0.0158 111.27% 17,783,054 Other OTC
OH BOY! LAUNCH BOOSTERS IGNITED!!!!!!!!!!U4TSAF2 posted December 09, 2003 10:40
YOUR BOUNCING RIGHT NOW....
SELL!!!!!!!!!!!U4TSAF2 posted December 09, 2003 10:43
LBTT $ 0.028 0.0138 97.18% 20,863,372 Other OTC THIS HAPPENS QUITE OFTEN WITH THE "SMALLER" STOCKS. GOOD EXIT TIME IS NOW AS I'M NOT GOING TO BE SURPRIZED TO SEE THIS THING DROP VERY FAST. OH IF YOUR GUTSY.... IT COULD SHOOT UP 300-500% TODAY.... YOUR MONEY YOUR CALL....U4TSAF2 posted December 09, 2003 10:55
I'M STICKING WITH YOUR STILL AT A EXCELLENT EXIT POINT. I SEE A DROP AND I HOPE FOR YOUR GUYS SAKE, I'M WRONG!
BB Member posted December 09, 2003 20:14
DON'T LISTEN TO U4.BB Member posted December 10, 2003 21:05
I think this stock will never drop below .02 again. This co. hasn't even begun it's journey.
BB
FRIDAY DECEMBER 12, 2003LBTT CLOSED AT .0165.
Bruce
That is valuable info.
YOUR TAX BRACKET IS YOUR TAX BRACKET AND THE MORE YOU MAKE ON A STOCK DOESN'T MEAN SQUAT.
EXAMPLE.... IF I'M 12% TAX BRACKET FROM MAKING 24,000 AT MY JOB AND I MAKE A GOOD STOCK RETURN 60% AT YEARS END BUT THAT 60% MEANS I MADE AN ADDITIONAL $5,000 AND FOR IRS PURPOSES THE $29,000 IS STILL IN THE 12% BRACKET, THEN I'M STILL ONLY PAYING 12%.
I'M ABSOLUTE ON THE LBTT IN IT'S VALUE AND FUTURE VALUE. I WILL BASH MOST OF YOU ON HERE FOR THE FACT THAT YOU GUYS THINK THIS STOCK IS A HIGH FLIER TO SAY .10 OR .30 AND THEN YOU TAKE YOUR GAIN AND LEAVE. WELL I BELIEVE 2-5 YEARS ON THIS ONE AND WE'LL SEE $5+ SHARE.
IT'S JUST A MATTER OF TIME, THEY'VE DONE THE DIGGING AND ARE ABOUT TO STRIKE GOLD. MY .02 WORTH IS THAT 3-6 MONTHS AFTER THAT "CE" MARK GETS APPROVAL AND SALES ARE DOCUMENTED AND IT'S A REAL THING AND NOT JUST TALKING ABOUT GETTING APPROVAL, WHO WANTS IT, ETC. THEN WE'LL SEE THIS THING SOAR!
YOU GUYS GOT A GREAT STOCK HERE WHICH MOST ARE IGNORING. WHEN I SEE A STOCK SOAR QUICKLY FOR NO APPARENT REASON, IT THROWS UP THE FLAG AND I'VE ALWAYS SEEN THE LOW-MARGIN STOCKS (PINK-OTCBB) SOAR UP UP QUICKLY ONLY TO DIVE JUST AS QUICKLY. IF THE ACTUAL PHYSICL PRODUCTS WERE IN SERVICE WITH CE MARKS AND FDA APPROVALS, I WOULD HAVE SAID STICK IT OUT.
ONCE THIS STOCK HIT 100+ % IN A SINGLE DAY, IT'S TIME TO SELL AT THAT 100% AND GET OUT. WAIT FOR THE DIVE AND GET BACK IN.
$1,000 AT .01 IS 1 MILLION SHARES.
WHEN (NOT IF) YOU HIT .50.... 1/2 MILLION DOLLARS.
WHEN (NOT IF) YOU HIT 1.00.... 1 MILLION DOLLARS.
MY ADVICE IS TO TAKE YOUR SHARES YOU GOT NOW; PUT IN YOUR LIMIT ORDER FOR SAY .50 OR 1.00 AND JUST FORGET ABOUT IT. ONE DAY YOU'LL LOG ONTO YOUR ACCOUNT AND CRAP YOUR PANTS! 
I really liked your last post. Now I know how you feel about LBTT. I would like to hear more from posters on how much they've paid on taxes - from stocks they've sold for profit. I know there is a lot to consider depending on what type of account you have - the company you have it with and how much you earn. I think some people think they're going to bank just about every penny they make. I do know that if I keep my LBTT for a year and a day my tax guy said I'd pay 15%. For a company like LBTT it's worth holding like you said U4. Enjoy the holidays.
Bruce
You are so right! I have been at the pennies for 6 months so would consider myself a newbie.I have been at the NAZ for years with GLW--LU--NT--OPWV--LIOX---VTSS--AV and a host of others.Pennies are a totally different game.Yes there are plenty of great longs but every penny that I have held that spiked up, came down just as quickly.I am long on LBTT have it @0.0018 but I purchased shares to keep and shares to sell on the up.Looking back I should have sold all at @0.0030 and could have repurchased the same amount of shares at @0.0016 Friday.Would have walked away with a hefty profit and the same amount of shares.So I beleive U4 is giving sound advice and knocking the stock.Give the guy credit he made a great call.I think that most of us that own LBTT know the long term possibilities but you need to take some profit off the table without leaving yourself short on shares.Thank you for your insight U4.
TRSTURGUT-18
quote:
Originally posted by TRSTURGUT-18:
U4,You are so right! I have been at the pennies for 6 months so would consider myself a newbie.I have been at the NAZ for years with GLW--LU--NT--OPWV--LIOX---VTSS--AV and a host of others.Pennies are a totally different game.Yes there are plenty of great longs but every penny that I have held that spiked up, came down just as quickly.I am long on LBTT have it @0.0018 but I purchased shares to keep and shares to sell on the up.Looking back I should have sold all at @0.0030 and could have repurchased the same amount of shares at @0.0016 Friday.Would have walked away with a hefty profit and the same amount of shares.So I beleive U4 is giving sound advice and knocking the stock.Give the guy credit he made a great call.I think that most of us that own LBTT know the long term possibilities but you need to take some profit off the table without leaving yourself short on shares.Thank you for your insight U4.
TRSTURGUT-18
quote:
Originally posted by N2Win:
Will we see movement today or are we in a holding pattern until 1st qtr of next year.
-------------------------------------
UPDATE: LBTT
3 Warehouses of product shipped from Germany since CE approval.
Families of workers being flown to Germany to be with LBTT employees at Xmas.(Production and distribution too important to fly employees home)
80 million in orders since CE mark
Read my previous message also.
infoman
----------------------------------------
By: infoman27
10 Dec 2003, 12:59 PM EST
Msg. 13831 of 19309
Jump to msg. #
FDA APPROVAL A SURE THING.
After getting CE approval for the nipplescope FDA approval will come quickly. This is a "device" and not a drug. This is the same with the First Warning System. It is a "device". In May 2003 the company had a party when they received approval if the First Warning Device pending false positives. As we speak the First warning device is being produced in Germany and being shipped within Germany and also sent to China. Remember CHINA. You hear nothing of it because it is a done deal pending an announcement. The only problem with the First Warning system is that they can not manufacture them fast enough. Every one that comes off the line is shipped immediately. There is approx. a 3 month backlog. (The nipplescope is produced in San Antonio, TX.)
The employees have been working for hardly nothing for the past 4 years with promises of wealth due to the shares of stock that they have been given. The company will not disappoint them !!!
The company has received some finding at the end of November (6.5 mil) but still needs more. Because of the CE approval investors will be lining up and that problem will be solved.
(This post is just IMO and you can take this post as fact or fiction)I will not answer any replies or questions relating to this message due to bashers and shorts.. You make your investing decisions based on your own DD.
INFOMAN27
THIS COULD BE FACT OR FICTION...CHECK OUT THE DISCLOSURE!
--------------------------
ChromaVision Triples on FDA Action
By TSC Staff
12/30/2003 12:28 PM EST
A tiny California medical-device maker called ChromaVision (CVSN:Nasdaq - commentary - research) was the biggest gainer on any U.S. exchange Tuesday after it got clearance from the FDA to market a breast-cancer test.
ChromaVision's shares were recently changing hands at $4.02, up $2.79 and more than triple its Monday close of $1.23. Volume was recently north of 23 million shares, making the small-cap-listed company the third most-actively traded issue on the Nasdaq Tuesday behind volume stalwarts Sirius Satellite and JDS Uniphase.
According to a company release, ChromaVision was cleared to sell its ACIS breast-cancer test via a so-called 510k clearance, in which the agency determines a product's characteristics are similar enough to other approved devices that it deserves to be sold, too.
The company's device is supposed to help doctors detect and classify the presence of a telltale breast-cancer protein known as HER2, giving them insights into how to proceed with treatment. The specific clearance is for the use of ACIS in conjunction with an existing product, the DakoCytomation HercepTest, in finding and assessing the protein.
ChromaVision started the day with a market capitalization in the $44 million range and is currently worth $156 million on a stock market basis. The company did about $9 million in revenue over the most recent 12 months, though it also lost nearly that much on the bottom line. There is no appreciable short interest and most of the float is held by insiders.
My other long holdings are ENCU - DNAP - CTKH - PLKC - AND MOST RECENT INTEREST - TNTU.
There will be a few times in my opinion to add free shares. I think this stock could spike nicely two or even three times before early March. The only thing that could hurt this stocks opinion in the public eye would be a RS, and I think that could be dealt with favorably if "played" correctly. You note that I said "played". I'm not so much a stock investor as I am a stock trader. The big markets are for investing. I do not look at these pennies as investing, albeit, there are some sharp people on this board that do pick out some slow consistant risers, but I like to more or less "play the pennies". I have a pretty good system that screens for pre-market gaps and out of the gate movers so I have found that in the past six months my portfolio is everchanging. One in a thousand of these things make it to the big game, and unless you are very very good at this (with a touch of luck), always searching for the next shining star can leave you very frustrated. With all of this said, play LBTT carefully. It is one that I think has a great future.
------------------
DaDog
How would you play the Reverse?
Sell on news of the Reverse and
then accumulate a few days
after the reverse?
Very interested in your thoughts.
Shad
------------------
DaDog
quote:
Originally posted by Anna:
about 4 seconds
Bruce
Best Wishes
[This message has been edited by Moose (edited January 08, 2004).]
YOU DON'T SELL THIS STOCK AT .04 OR AT .40
2-5 YEARS THIS WILL GO UP UP UP.
REAL PRODUCTS WHICH YOU CAN SEE COMING TO ACTUAL PHYSICAL EXISTENCE. THINGS THAT IF YOU ASKED YOUR DOC ABOUT IN 1 YEAR, HE'LL SAY "YEA, HEARD SOMETHING ABOUT THAT".
SO MANY COMPANIES FROM 3 YEARS AGO WERE IN THE SAME EXACT POSITION AS LBTT RIGHT NOW BUT WERE JUST WAITING FOR THE BREAK.
quote:
Originally posted by U4TSAF2:
THIS IS A LONG TERM HOLD; AND HENCE, IF IT DROPS TO .000000000000000000000000000000000000000000000000000001 TOMORROW, YOU SIT BACK AND GO GOSH, I CAN GET THAN MANY MORE SHARES NOW!YOU DON'T SELL THIS STOCK AT .04 OR AT .40
2-5 YEARS THIS WILL GO UP UP UP.
REAL PRODUCTS WHICH YOU CAN SEE COMING TO ACTUAL PHYSICAL EXISTENCE. THINGS THAT IF YOU ASKED YOUR DOC ABOUT IN 1 YEAR, HE'LL SAY "YEA, HEARD SOMETHING ABOUT THAT".
SO MANY COMPANIES FROM 3 YEARS AGO WERE IN THE SAME EXACT POSITION AS LBTT RIGHT NOW BUT WERE JUST WAITING FOR THE BREAK.
COMON LBTT!!!quote:
Originally posted by herm:
anyone feel that there is gonna be a pullback tomorrow?
quote:
Originally posted by herm:
anyone feel that there is gonna be a pullback tomorrow?
Bruce
quote:
Originally posted by play on!:
O.K.- I am taking a stab at some TA(Man, is this hard) and I am looking for some guidance if anyone has time. I am using stockcharts.com for education and I am comparing it to CNCW. When I look at the MACD(LBTT), could be a bearish change in the future, and from what I understand a high RSI could mean a downturn. Ofcourse Volume is good and and PRs could be great. I'm just wondering if I am looking at the right things. Don't get me wrong, I'm holding longterm. Just trying to educate myself to hopefully become a decent trader one day. BTW- When I look at CNCW, it is just the opposite, which could mean a rise is PPS. Let me know what you veterans think.
Also, this has been asked before, but couldn't find the answer- What is the best Screener/Scanner out there for OTCBB that is free?
Thanks in advance to anyone that helps. Ofcourse, I expect there could be laughter, as I really don't have a clue......
(Crickets chirping)
This must be Really bad....
Anyone? Hello?
When you look at TA indicators you need to look at many all together to get a full understanding of whats going on. Also do not try and predict day to day movement of PPS using TA, TA should be used more for what will happen in a week or month period(TA is good for finding the range of time inwhich a breakout/fall in PPS could happen)
RSI over 70 is overbought. PPS is/has been trading near the upper bollinger band, overbought.
When a stock is overbought, take a look at the slow Stochastics ('stochs'). When the stochs hits '65', a breakout will most likely occur, and when the stochs is above 80 the pps can still rise in an overbought situtation.
On to the MACD now, we just had a bullish crossover above '0'. This is a buy indication.
Put these all together and we have some solid techs for a good run into the next week.
We broke through the resistence @ $0.03 so we should move onto 0.04 and up to resistence @ 0.05. We should be into a new trading level soon.
Also we traded and closed today about the upper bollinger band...this could indicate a possible breakout.
And this doesn't even include possiblie news on funding soon.
Hopefully I helped a bit.
Great place to learn all about TA indicators HERE
Also a great article on the Stoch '65' single while in an overbought situtation HERE
Goodluck
quote:
Originally posted by play on!:
O.K.- I am taking a stab at some TA(Man, is this hard) and I am looking for some guidance if anyone has time. I am using stockcharts.com for education and I am comparing it to CNCW. When I look at the MACD(LBTT), could be a bearish change in the future, and from what I understand a high RSI could mean a downturn. Ofcourse Volume is good and and PRs could be great. I'm just wondering if I am looking at the right things. Don't get me wrong, I'm holding longterm. Just trying to educate myself to hopefully become a decent trader one day. BTW- When I look at CNCW, it is just the opposite, which could mean a rise is PPS. Let me know what you veterans think.
Also, this has been asked before, but couldn't find the answer- What is the best Screener/Scanner out there for OTCBB that is free?
Thanks in advance to anyone that helps. Ofcourse, I expect there could be laughter, as I really don't have a clue......
[This message has been edited by Moose (edited January 08, 2004).]
[This message has been edited by Moose (edited January 09, 2004).]
There are many TA indicators to learn though, and it'll probably take a while to get a good grasp on them all, but I enjoy this stuff so its worth the time...
-moose-
quote:
Originally posted by play on!:
Thank you Moose!
That was a big help. Is that what you typically like to use? MACD,RSI, and Stochs?
I knw there are many factors, but it seems as though some folks have their favorite indicicators that will at least give them the basics on a stock. THen they can decide to DD further, or not.
Again, thanks for your help.
Play On!
we also had a few green days in a row, its only natural to have a red day today. Like I said in my previous post, don't follow this day to day, instead look ahead a week, a month or even a year...
quote:
Originally posted by Nony:
it is going daown any idea
quote:
Originally posted by Moose:
everything is going down today...a very red marketwe also had a few green days in a row, its only natural to have a red day today. Like I said in my previous post, don't follow this day to day, instead look ahead a week, a month or even a year...
We're up 40% this week, including today so far. This is a very strong week in my books.
quote:
Originally posted by Moose:
Monday down
Tuesday Up
Wednesday Up
Thursday Up
Friday so far downWe're up 40% this week, including today so far. This is a very strong week in my books.
11/14 .002 0% Starting point
11/21 .004 100% overall increase
11/28 .009 350% overall increase
12/05 .014 600% overall increase
12/12 .0165 825% overall increase
12/19 .0185 925% overall increase
12/26 .018 900% overall increase
01/02 .024 1200% overall increase
01/09 .032 1600% overall increase
Steady up hill climb...Full Steam Ahead!!!!
---
Should get some news by the months end on funding and FDA approval status. Plus news on sales possibly.
Lots more to Come!
quote:
Originally posted by play on!:
Hey Folks,
I was listening to CNBC on my XM earlier today and caught the tail end of a report on some sort of a medical confrence going on this week. They mentioned something about 5-6000 investors meeting with up and coming biotech companies. Each company was given 30 minute sessions with the investors to "sale" their company. CNBC was planning on interviewing some of the companies as the day went on. Just wondering if anyone has info on LBTT. Were they there? Can anyone add more to CNBC's report? Thanks-Chuck
quote:
Originally posted by play on!:
I have e-mailed investor relations for LBTT. I will forward any info...
So I would have to say that they did not attend this one, if they were going to attend I don't see why they did not release a PR.
-moose-
quote:
Originally posted by play on!:
Hey Folks,
I was listening to CNBC on my XM earlier today and caught the tail end of a report on some sort of a medical confrence going on this week. They mentioned something about 5-6000 investors meeting with up and coming biotech companies. Each company was given 30 minute sessions with the investors to "sale" their company. CNBC was planning on interviewing some of the companies as the day went on. Just wondering if anyone has info on LBTT. Were they there? Can anyone add more to CNBC's report? Thanks-Chuck
------------------
Matthew Taber
Dear Chuck:
Thanks for the info. It is slightly premature for the company to have an exhibit or to present at such a conference, esp. given that LBTT is a non-reporting pink sheet security. LBTT has no SEC filing or audited financials to show potential investors, and as such, it would not be productive to attend such an event.
Stock Enterprises
HOPE THIS ANSWERS YOUR QUESTION MATT.
quote:
Originally posted by matthewtaber:
I'm still debating whether I should put 1k into this one or IBZT. I can't seem to pick one. Help Anyone?
... we are ONLY saving lives you know, not building virtual keyboards!
quote:
Originally posted by U4TSAF2:
I GOT MY LIMIT ORDER IN AT $15.00/SHARE.HOPE THIS ANSWERS YOUR QUESTION MATT.
[This message has been edited by Moose (edited January 13, 2004).]
quote:
Originally posted by play on!:
I just replied back asking this person to elaborate on the planned March conference. I'll pass it on when I get a response.
These folks work late! I like that.....
quote:
Originally posted by Moose:
That sounds resonable....maybe a little high though
[This message has been edited by Moose (edited January 13, 2004).]
[This message has been edited by Nony (edited January 13, 2004).]
January 13, 2004 09:04
Lifeline Biotechnologies, Inc. Signs North American Distribution Agreement with Inion Inc. For the Exclusive North American Distribution Of the Hexalon Bioabsorbable ACL/PLC Screw
RENO, Nev., Jan 13, 2004 (BUSINESS WIRE) -- Jim Holmes, CEO of Lifeline (NQB:LBTT) today announced that Lifeline has signed an exclusive North American distribution agreement with Inion Inc. to distribute their Hexalon(TM) bioabsorbable ACL/PLC Screws and accessories to the orthopedic market.
The overall ACL/PCL fixation market for implants is estimated to be approximately $72 million in 2004. Interference screws are used in approximately 250,000 ACL/PCL repairs preformed in the US. This use makes up approximately 54% of the fixation market. Lifeline feels that with the design and strength advantages the Hexalon(TM) offers, their distribution network should be able to make an impact in the market, according to Jonathan Reeves, Lifeline Vice President of Operations.
Reeves commented further, "Surgeons want to eliminate the use of metal in joints. But until now, the widely recognized benefits of bioabsorbable materials have not been able to match the performance strength of titanium. The Inion Hexalon(TM) screw advantage is a combination of the resorbable biocompatibility with an operational performance equal to that of titanium. These unique characteristics are coupled with excellent visibility in the surgical field and an optimal self-tapping thread design for both bone to bone and hamstring graft fixations that will not damage grafts. These attributes place the Hexalon(TM) screw in a class of its own."
The marketing and sales strategies to introduce the Inion Hexalon(TM) product line are currently underway. Lifeline's network of distributors and sales representatives are excited about the potential of this product in the market. The addition of the Inion Product line fits perfectly into Lifeline's sales efforts in orthopedic surgery. Many of the distributors in Lifeline's distribution network have been responsible for the introduction of new products and surgical concepts, which have become standards of practice in orthopedic surgery today.
"We are pleased to announce this strategic distribution agreement with Lifeline Biotechnologies," said Kent Williams General Manager of Inion Inc. "We are confident in their ability to penetrate the U.S. and Canadian orthopedic sports medicine market with our Hexalon(TM) ACL bioabsorbable screw," added Kent Williams.
A joint product launch will take place at the American Academy of Orthopedic Surgeons in March 2004. However, Lifeline will begin its sales effort immediately as well as showing the product at the end of January at the Bob Metcalf Arthroscopic Surgery Conference and the American Association of Ambulatory Surgery Centers meeting at the beginning of March.
Dr. Reeves, Lifeline's founder and president, commented, "We are excited about this new product line because it allows us to introduce a product that has no peers because of Inion's leadership in developing superior polymers with superior surgical expertise. We are pleased that Inion has selected Lifeline to represent this product line considering Inion chose a company such as Stryker Sales Corporation to handle its Crano-Maxillofacial implants in North America."
Inion Ltd. was founded in Tampere, Finland in 1999 by a multidisciplinary, multinational team of international experts in biodegradable materials with related clinical applications. Today the company operates from a state-of-the-art production and research facility in Tampere, Finland and has US corporate headquarters in Oklahoma City, OK, employing 75 people. Other Inion products include biodegradable dental, orthopedic trauma and sports medicine devices marketed globally through distributors and direct sales personnel.
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Ciao! Good Luck!!
quote:
From PR
showing the product at the end of January at the Bob Metcalf Arthroscopic Surgery Conference and the American Association of Ambulatory Surgery Centers meeting at the beginning of March
quote:
Originally posted by Special J:
What do you all think...is this still a good entry at around .035?
THE MORE NEWS I GET ON THIS ONE THE MORE I RAISED THE LIMIT ORDER.
THE ONLY REASON I SEE LOWERING MY ORDER SELL PRICE IS DUE TO A UNFORSEEN REVERSE SPLIT WHICH IS PRETTY COMMON ONCE THEY START GAINING LARGE $$$ AMOUNTS. SO YES, I COULD LOWER MY LIMIT SELL BUT ONLY FOR THAT REASON.
I STARTED WITH MY LIMIT ORDER AT $2.00 AND RAISED IT TO $15 JUST RECENTLY.
quote:
Originally posted by Nony:
i wishe your limt$15 can come true but do u think that it can in the short run
[This message has been edited by Nony (edited January 13, 2004).]
O/S 898,498,993 as of 2003-11-19
A reverse split is likely, but less likely than IBZT, mgmt could also decide a buyback plan...Nobody knows.
I am long in this one.
Just like IBZT they have a product.
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Matthew Taber
quote:
Originally posted by U4TSAF2:
WHAT IS YOUR SHORT TERM DEFINITION....THE MORE NEWS I GET ON THIS ONE THE MORE I RAISED THE LIMIT ORDER.
THE ONLY REASON I SEE LOWERING MY ORDER SELL PRICE IS DUE TO A UNFORSEEN REVERSE SPLIT WHICH IS PRETTY COMMON ONCE THEY START GAINING LARGE $$$ AMOUNTS. SO YES, I COULD LOWER MY LIMIT SELL BUT ONLY FOR THAT REASON.
I STARTED WITH MY LIMIT ORDER AT $2.00 AND RAISED IT TO $15 JUST RECENTLY.
quote:
Originally posted by Nony:
any thing new on this
thanks
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Realperson
quote:
Originally posted by realperson:
It has super resistence at .030 on no news allways going between 30 and .o36 . I think this is a long term hold with news of FDA approval or Marketing overseas to da moon
Just a thought
Well, looking at the chart a little bit...STO is still above 75, however 5&10 DMA is right above PPS, so this indicates that this will be sidetrading for a while.
It probably needs PR but this is still a good long hold. This is in my long term list since they have a very potencial product & sales will begin this quarter at least in Europe......This company has a lot going....I do expect it to hold at a support of 0.03...
GLTA
quote:
Originally posted by Nony:
What happen today it is going down and ???????
not just today but for the past 5 trading days...
Lifeline BioTechnologies Retains Advertising Agency and Attends Its First Medical Conference for Shaver Blades and Absorbable Fixation Screws
Tuesday February 3, 9:00 am ET
RENO, Nevada--(BUSINESS WIRE)--Feb. 3, 2004--Jim Holmes, CEO of Lifeline BioTechnolgies, Inc., (OTC:LBTT - News) today announced that BFW Advertising of Boca Raton, Florida has been retained.
BFW is a full service marketing and communications firm with strong competencies in Healthcare media that creates and builds client brands with strategic thinking and on-target executions. BFW's very first challenge was the design and development of a medical exhibit booth featuring the product benefits of Lifeline's two recently acquired distributorships, the Arthronet's Blackline(TM) shaver blades and hand instruments, and Inion's Hexalon(TM) absorbable fixation screws. This was Lifeline's first opportunity to attend an orthopedic surgery meeting, starting last Friday in Sun Valley, Idaho. This annual Robert W. Metcalf, MD Memorial Conference (www.arthroscopyseminars.org) is attended by several hundred sports medicine orthopedic surgeons from around the world. "The physicians' response to these new surgical products has been beyond our expectations," according to Jonathan Reeves, Lifeline's Vice President, who is attending the show.
"A recent electronic poster by researchers at Loma Linda University, Department of Orthopedics Surgery, Radiation Medicine, and Molecular Immunology at the Arthroscopy Association of North America (AANA) most recent meeting. The poster entitled "Assessment of Reprocessed Arthroscopic Shavers" substantiates Lifeline's contention that the use of reprocessed single use arthroscopic blades is a potentially dangerous business. Key findings in the study, by an independent laboratory, showed the reprocessed single use blades carried detectable levels of biological contaminants and that the teeth on the cutting surface were visibly damaged," according to Dr. William Reeves, Lifeline's founder and president.
"Unfortunately, this practice is most likely due to the great emphasis placed on cost containment in a great many hospitals," Jim Holmes, Lifelines CEO, added. "It also shows that single use blades cannot be cleaned effectively and this is no excuse for placing a patient at jeopardy."
"When this study is published it should bode well for Lifeline's FDA approved three-time use Blackline shaver blades. The probability of DNA and protein contaminants being present on any surgical produce should cause grave concern to every surgeon," commented Dr. Reeves.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "forecasts," "intends," "will," "anticipated," "could," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
Lifeline's website address: www.lbti.com.
quote:
Originally posted by Anna:
My personal thought is that FDA approval is coming soon and the MM are collecting shares. Let me say that this is only my personal opinion and could be entirely wrong.
i hope you're right...
[This message has been edited by herm (edited February 11, 2004).]
quote:
Originally posted by herm:
does anyone know whats going on with this? it came out with news and its still retracing back... anyone have any thoughts or insight?
This one is definately long. There is a lot of DD in this one. They have a lot of potential products & lots of significant events...Do a search here or read through the posts @ RB.
This is in my opinion, is not for day trading...It is oscilating between 0.02 & 0.035. They may even have a buyback plan (who knows). As pink they do not have to issue an PR.
GLTA
quote:
Originally posted by rajarammx:
This one is definately long. There is a lot of DD in this one. They have a lot of potential products & lots of significant events...Do a search here or read through the posts @ RB.This is in my opinion, is not for day trading...It is oscilating between 0.02 & 0.035. They may even have a buyback plan (who knows). As pink they do not have to issue an PR.
GLTA
im in it for the long and did read all the post on this forum and rb... they have great potential... but i expected it to trade sideways...
Isn't LBTT in Pompano Beach, FL? All I can find on their site is Nevada. I'm very close to Pompano and would like to go see the company one of these days.
Thanks,
Steve
Best Wishes and I'll let you know if I find anything else.
Anna
quote:
Originally posted by Love the Market:
Anna, or anyone:Isn't LBTT in Pompano Beach, FL? All I can find on their site is Nevada. I'm very close to Pompano and would like to go see the company one of these days.
Thanks,
Steve
[This message has been edited by Anna (edited February 18, 2004).]
Jim Holmes, CEO of Lifeline BioTechnologies, Inc. (OTC:LBTT) announced today that the company had completed the required documentation for compliance and FDA clearance of its breast microendoscope.
'This is a real milestone for us and we are quite excited about our upcoming U.S. as well as our European market entry with this product,'Jonathan Reeves, Vice President of Operations, stated. 'It has been a long and tedious process for us. Having worked for well over a year with outside consultants to develop the required documentation and record keeping system required by the Food and Drug Administration, the Company is now well prepared for future FDA applications.'
Holmes noted that with the CE Mark awarded this past December, preparation continues for the introduction of the breast microendoscope at the fourth annual European Breast Cancer Conference March 16th through March 20th 2004 in Hamburg, Germany. Lifeline will have Company representatives manning its booth at this conference with products demonstrations. The Conference is the largest European attended gathering of breast cancer physicians and representatives expected from all over the world. Holmes further noted that Carlo Micheletti, President of Advance Biomedical Concepts, Lifeline's marketing and sales consulting firm, is already in Europe preparing for the Conference and product introduction to the European markets.
William Reeves, President and company founder, commented that Lifeline will be attending the American Society of Breast Surgeons Annual Conference, being held at the Bellagio hotel in Las Vegas, Nevada, March 31 through April 4, 2004. 'We will be present with Company representatives and a booth featuring its microendoscope as initial introduction to the market providing physicians with an aid in dealing with patients concerning nipple discharge,'stated Reeves.
Holmes went on to say, 'Concerning the Shaver Blade and Bioabsorable screws Lifeline is currently distributing in the U.S., market introduction and promotion will be featured at three trade shows in March 2004, including the annual meeting of the American Association of Surgery Centers (Orlando), American Association of Osteopathic Surgeons (San Francisco) and American Operating Room Nurses (San Diego).'
Lifeline's website address: www.lbti.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words 'believe,''expects,''projects,''forecasts,''intends,''will,' 'anticipated,''could,'or 'may,'and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
SOURCE: Lifeline BioTechnologies, Inc.
Lifeline BioTechnologies, Inc. Jim Holmes, 775-324-1933 jholmes@lbti.com or Stock Enterprises Investor Relations Jim Stock, 866-242-2405 stockenter@aol.com
Talk with Jim Holmes CEO Lifeline:
Today I talked with Mr. Holmes around 5pm EST. My first question was do you or don't you have FDA clearance to market and sell the Mammoscope in the U.S. His response was YES, and he stated as that PR said they are going to begin the marketing efforts in Las Vegas next month for the scope. I asked him why then was the PR vague about FDA clearance and he stated that it was done for a reason that he can't go into and it would be very hard to explain. (That still has me scratching my head). I then asked him about financing, in December LBTT was in talks with a major wall st. firm and so I asked him how are those talks were going or if any financing agreements have been made. He stated they are still in talks but he stated that it would not be fair to tell me anything more than they are in discussions, and when news is made they will release it to the general public. Next question was about the audit, he stated that it is up to the auditors as to when it is complete, they have all the information and he was stating sometime in April the audit will be completed. He also said that after the first quarter they will be releasing sales figures so far from the blades and screws, however he stated that the ramp up has been going slower than anticipated but things are now finally beginning to get rolling because they have got everything in place as far as distributors and marketing, but there are still bugs to work out of the system and still more distributors to get online (actually he said he was Fed Ex'ing 4 more distributor agreements tonight). As far as orders go for the blades he stated they started slow he stated they were getting 1 or 2 orders a week, and now they are getting 1 or 2 a day and they are larger orders and repeat orders. In terms of the financial status of the company he said they were good short term (4-6 months), and that there is no need to issue further shares now and hopefully in the future. He didn't go so far as to say he would never issue more shares, he did say they might have to issue more for the deal with the financing agreement. Also if things go as planned Lifeline hopes to be cash flow positive and on the OTCBB by mid-year.
We also talked about long term with the FWS, they are still working on the false positives and have 3 different engineering firms working on the problem. They hope to have it solved soon and into the Phase III trials.
He also stated they have 5 trades shows coming up in the next 4 weeks so it is going to be an exciting few weeks.
On to Shorting and the pushing back of the date. He stated they were very disappointed in that, and have raised some fuss about it all ready. He did say that the shorters were trying to run the company into the ground but he said they are going to survive and going to make it. Holmes also stated that one of the ways to get the shorts out of the stock is to release sales and revenues and that they plan on doing that in the coming months.
All in all in was a reassuring phone call and I stated that the shareholders of the company need good PR's every now and again on the status of happenings in the company. For the people that want news everyday lay off the company. They are very busy, esp. now and don't waste their time with e-mails for news everyday. This company should be doing great in the coming months with everything they have going, revenues will come in. Holmes stated that he has a huge stake in the company financially and he they are working their tales off to make it succeed.
This is a long time hold for me
Dave
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Realperson
Big weeks ahead LBTT has been stable for a while.
Keith
Sales should start on Tues or Wed at German convention.
I have the feeling I am missing something. This is also a pink and I have not bid/ask on my ameritrade streamer!
Thanks to anyone who can help,
Keith
Only stocks running on Current PR are even breaking even.
If I had the Free
cash I would Buy more
Am looking at last March to see if their is a relationship to the Month for the down Market or it just might be the day to day demonizing of the Economy by Comrade Kerry
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Realperson
Are you seeing 19 million in volume? this is an awfull lot if my streamer is right.
I expected a lot of Buying on this B-4 the weekend, MM had cheapies to sell?????
I really believe LBTT will finish up today
Just an oppinion based on little facts and a lot of watching
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Realperson
I'm with you on ending up and believe we will be up big next week.
thanks
Keith
Convention does not start till Tuesday I think and last all week so we may have another week for a great PR
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Realperson
Interesting that one investor could make a ripple like that.
PAUL
quote:
Originally posted by keithsan:
Anyone have any clue on why the drop to .023 today?Sales should start on Tues or Wed at German convention.
I have the feeling I am missing something. This is also a pink and I have not bid/ask on my ameritrade streamer!
Thanks to anyone who can help,
Keith
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But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited March 12, 2004).]
I read LBTT on RB all the time. He said he made only $450 bucks. He was doing some test to see if he could flip the price or something and said the stock held up like he thought. Him and his group have millions of LBTT shares. I think 60 or so million shares.
BB
PAUL
quote:
Originally posted by BB:
Paul,I read LBTT on RB all the time. He said he made only $450 bucks. He was doing some test to see if he could flip the price or something and said the stock held up like he thought. Him and his group have millions of LBTT shares. I think 60 or so million shares.
BB
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But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
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But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I think this is the link I had posted it previously somewhere.
http://www.eusoma.org/engx/info/fr_all.asp?bodyname=http://www.fecs.be/Conferences/ebcc4/index.shtml
If thats not it, let me know.
RENO, Nev.--(BUSINESS WIRE)--March 15, 2004--Jim Holmes, CEO of Lifeline BioTechnologies Inc. (trading symbol LBTT) today announced that Frank M. Clark has been retained as the company's senior marketing and sales consultant for all product lines and has already begun working on behalf of Lifeline.
Formerly officer and director of several Fortune 500 companies in the health care industry, Clark was executive vice president and a director of Johnson & Johnson's Medical Electronics ventures which manufactured and marketed cardiac pacemakers and nerve stimulators. Prior to that position, Clark was vice president and a director of Ethicon Inc., the leading wound closure company and a wholly owned subsidiary of Johnson & Johnson Inc. (NYSE:JNJ - News). Also, Clark was president of R. P. Scherer Inc. a major producer of soft gelatin capsules, establishing the company's presence in the Far East while enhancing Scherer's markets in Europe, North, and South America. Over the years, Clark has earned a reputation as a superior group motivator, and has a significant track record of new business start-ups as well as turn-arounds. He has appeared on national television and radio as an advocate of career self management. Frank Clark resides in Sarasota, Fla. with his family.
Stated Dr. Bill Reeves, founder and president of Lifeline BioTechnologies, "We could not be more delighted with having Frank Clark joining our organization. His professional background and experience, especially with regard to the medical products arena, is extremely rich and feel fortunate to have Frank coming on board. We welcome him most enthusiastically and anticipate a significant contribution he will be making, especially in the marketing and sales of the Mastascope product to the U.S. market. In that this is a most timely juncture in the company's history, we feel Frank Clark is perfectly suited for the job."
Reeves indicated that Clark will be attending the upcoming Breast Surgeon Conference March 31 to April 3 in Las Vegas, of which Lifeline will be attending and making Mastascope product presentations during the conference.
Lifeline's Web site address: www.lbti.com
PAUL
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But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
oh yeah, I post it and all sales stop!
[This message has been edited by keithsan (edited March 17, 2004).]
Does anyone know when news is expected?
Have a contact that is among the 4,000 in attendance?
PAUL
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But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
RENO, Nev.--(BUSINESS WIRE)--June 29, 2004--Jim Holmes, CEO Lifeline Biotechnologies, Inc. (OTC:LBTT - News) today announced that its MastaScope(TM) System, for the early detection of breast abnormalities that can become cancerous, was introduced June 28, 2004 and demonstrated at the National Cancer Institute (NCI) in Cairo, Egypt. As reported by Carlo Micheletti, Lifeline's Director of International Marketing and Sales, "Attending the demonstration were approximately 100 oncology surgeons, breast cancer specialists and radiologists from Cairo and surrounding areas, three from Saudi Arabia and two from Turkey. The program was simulcast via TV to several other hospitals throughout Egypt."
Dr. Kefah Mokbel, Lifeline's senior clinical consultant, began the presentation with information about the latest advances in breast cancer, followed by slides on Mammary Ductoscopy. The program continued with two live cases performed in a side room of the auditorium. These patients were referred to the NCI for further examination and prognosis by their primary care physicians. The patients exhibited breast abnormalities that include pathological nipple discharge (PND), an early warning sign of breast cancer. The procedure, assisted by medical personnel of the NCI, was projected onto the theater screen for the audience's viewing.
Monday May 10, 9:01 am ET
RENO, Nev.--(BUSINESS WIRE)--May 10, 2004--Jim Holmes, CEO of Lifeline Biotechnologies, Inc., (OTC:LBTT - News) responding to inquiries by shareholders, advised today that management of the Company knows of no valid business or economic reason for the recent decline in the per share price of the Company's common stock.
ADVERTISEMENT
Holmes went on to say, "All markets suffer from volatility, and this is especially true on the Pink Sheets. Our stock has had a long steady climb over the past year with a number of peaks and valleys in between. As most of our investors are aware, Lifeline has been a long time target of short sellers, including large volumes of illegal naked short selling, which over the long haul has been a major contributor as a depressant on the price of our shares. However, also over this period, we have announced some of the most significant achievements in our history, and we believe these bear, to a great degree, in the growth of our share value.
"It was our expectation that our problems with the short sellers would be reduced, and eventually eliminated, when the SEC and NASD issued new rules and regulations to block illegal activities within short selling. It would appear, however, that as of yet these rules have not been effective, because the short abuses have not stopped. As a matter of fact, it appears in some respect they have only gotten worse. For the past three weeks market makers who appear to be most exposed by the short positions in Lifeline stock have extended their illegal activities to selectively excluding the processing of large purchase orders for our stock. We are currently reviewing with legal counsel the steps we can take to deal with these latest activities."
Holmes continued, "By way of review, I would like to reiterate some the major accomplishments that we have communicated to the financial community over the past six months. These include:
1. Our recent R&D accomplishments for our First Warning System(TM) which assists in the early detection of breast cancer. Specifically, Dr. Reeves' discovery that different breast lesions appear to have their own specific chaotic wave forms which have never been seen before. These findings will be the subject of a lecture Dr. Reeves has been asked to give at the upcoming International Conference on Cancer and Rhythm this fall.
"Dr. Louis Keith, the company's medical director, is also an invited speaker to the conference.
"Dr. Reeves has had several clinical papers accepted for publication concerning various critical phases of cancer development that raise several questions about present day detection of breast cancer. The company has prepared several patent applications to protect these new discoveries.
2. Our sales and marketing efforts are reality. We have had two major sales training seminars and now have sales representation in most major medical markets in the US. US product sales orders have been received and shipments have begun.
"As a result of our recent introduction of our MastaScope(TM) at the European Breast Cancer Conference in Hamburg, our International Director of Marketing and Sales, Carlo Micheleti, is attending a special meeting of the Egyptian National Cancer Institute this week to present Lifeline's MastaScope(TM) technology and products. In June he will attend a conference in Croatia and expects several orders. In July, Carlo will attend the InterAmerican Breast Conference in Cancun.
"Further, as a result of attending the Breast Surgeon's Conference in Las Vegas last month, US shipments of MastaScopes(TM) have begun.
"We expect to meet our sales goals and be running at an annual rate of $5 million by the end of this year. This rate of sales could be at a profitable level.
3. Funding - Regarding additional funding, the Company has one firm offer and several pending offers. Senior management will be in New York this week to explore several additional alternative sources.
4. The financial audit is underway and should conclude in June. Following the completion of the audit, management anticipates a filing with the SEC. Once the filing is cleared by the SEC, management expects to apply for a listing on the OTC-BB.
"Though all of the risks are not behind us, our Company is stronger right now than we have ever been. We believe what you are seeing in our share price is a last ditch and desperate attempt by the short sellers to convince our investors that they will win and the company will lose.
"Believe me, they are wrong. We are winning: The signs are all around us. We have struggled for a long time and the results of our efforts are coming to fruition. We will win and the shorts will lose."
Lifeline's website address: www.lbti.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "forecasts," "intends," "will," "anticipated," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and subject to the safe harbor created by the Act. All statements contained in the foregoing are forward-looking statements that may involve risks and uncertainties.
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Contact:
Lifeline Biotechnologies
Jim Holmes, 775-324-1933
jholmes@lbti.com
or
Stock Enterprises (Investor Relations)
Jim Stock, 866-242-2405
stockenter@aol.com
--------------------------------------------------------------------------------
Source: Lifeline Biotechnologies, Inc.
Source: http://biz.yahoo.com/bw/040510/105440_1.html
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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Webmaster, TheLBTTSpot.com