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Originally posted by keithsan:
i'm guessing shell

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If some big company is buying them out.... reverse merger style.......
didn't see any pumping, we get all the emails etc....

Item 2. Acquisition of Advanced Medical Diagnostics, LLC
On June 1, 2004 Transportation Logistics Int'l, Inc. acquired the entire membership interest in Advanced Medical Diagnostics LLC ("AMD"). AMD is engaged in the business of manufacturing and distributing the "Advanced Medical Diagnostics HIV (1 & 2) Rapid Test." This diagnostic kit, which retails for under $6.00, permits an individual to test himself for the HIV virus and obtain a result in 15 minutes that has 99.4% accuracy.

The membership interests in AMD were acquired by Transportation Logistics in exchange for 100,000 shares of Transportation Logistics common stock. 76.5% of the membership interest in AMD was acquired from the three officers of AMD: Michael Gilbert, Michael Alora and Nick Olivieri. The remaining 23.5% interest was acquired from The Margolies Family Trust. The trustee of the Margolies Family Trust is the wife of Michael Margolies, and the beneficiaries of the Margolies Family Trust are the children of Michael Margolies. Michael Margolies is the Chairman of Transportation Logistics.

In connection with the acquisition, Transportation Logistics agreed to issue 200,000 of its common shares to the three officers of AMD (Michael Gilbert - 106,000 shares; Michael Alora - 47,000 shares, and Nick Olivieri - 47,000 shares) to compensate them for their continued employment by AMD.

Transportation Logistics Acquires Breakthrough Medical Device Company

EAST ORANGE, N.J., Jun 03, 2004 (PRIMEZONE via COMTEX) -- Transportation Logistics Int'l, Inc.(OTCBB:TRPL) announced today that it had purchased Advanced Medical Diagnostics, LLC (AMD) in an all stock transaction. AMD, headquartered in East Orange, New Jersey, is the designer, manufacturer and distributor of a low cost, rapid, self-testing HIV (1+2) Diagnostic Kit.
With the dramatic rise in the incidence of HIV, the precursor of AIDS, especially in the third world countries of Africa, India and Asia, this kit is a godsend. Manually performed, visually read in 15 minutes, with over 99% accuracy, at an under $5.00 retail cost, it easily promotes the company's motto, "Recognition is the First Step."

Mike Margolies, Logistics Chairman and CEO, had this to say about the acquisition: "It isn't often, while striving for profits in today's ultra competitive business environment, to find a product that is not only needed internationally, can be profitably produced and marketed, and helps address and combat the world's biggest unsolved medical dilemma.

"It is our intention to introduce this product to the Health Departments of every government in the most affected countries. We presently have two sales representatives in West Africa, one in each South America and Korea. We are investigating the procedures and costs involved in FDA approval for eventual sales in the United States.

"Key Advance Medical Diagnostics management personnel are all remaining on the team. They include AMD's President, Michael Gilbert and its two Vice Presidents for marketing and manufacturing, Mike Allora and Nick Olivieri. Watch this space for the exciting results of the merger of their technical expertise with TRPL's organizational and financial strengths."

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Originally posted by Meshoe45:
Yup she did, i missed it like always!

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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

TRPL Medical Division Announces UN Agencies evaluating HIV Rapid Test Kit and Launches Worldwide Sales Campaign

HIV (1 & 2) home testing kit provides over 99% accuracy rate

EAST ORANGE, N.J., Aug 31, 2004 (PRIMEZONE via COMTEX) -- Transportation Logistics International, Inc. (OTCBB:TRPL) announced today that its wholly owned subsidiary, Advanced Medical Diagnostics (AMD), has met with senior officials at the United Nations Headquarters in New York City to evaluate the use of AMD's HIV (1+2) Home Rapid Test Kit.
Michael Gilbert, AMD's President commented, "United Nations agencies, in New York, Washington and Geneva have been contacted, sent samples, and are evaluating our Kit for worldwide use. At the request of three West African nations, as well as UNAIDS and the World Health Organization (WHO), the effectiveness and accuracy of the HIV (1+2) Home Rapid Test has been tested and approved from China to France."

AMD's kit tests simultaneously for both HIV 1 and 2 with an accuracy rate of over 99%. The company believes this kit is one of only a few in the world that performs this dual test; it is by far the least expensive. No home HIV (1+2) Rapid Test Kit at any price is currently available in the United States. AMD reiterates its previous announcement that it has no intention to seek FDA approval at this time.

AMD further announced that it is launching a worldwide sales campaign to introduce the company's HIV (1+2) Home Rapid Test Kit.

Gilbert added, "The rampant spread of AIDS throughout the world starts with the HIV virus. To easily and quickly identify those who need treatment, it is our belief that the Health Ministry in every country will choose to distribute our HIV (1+2) Rapid Test Kit at no cost to the individual. The earlier HIV can be detected, the sooner treatment can start. No one should be denied the right to find out whether they are infected, and at a cost of under $4.00 each, no one needs to be."

Gilbert further reiterated, "I'll be visiting Ministries of Health in West Africa, along with Ibrahima Ciss, our Vice President of African Sales, starting next week. Our Vice President for South America, Luis Castillo, is already shuttling between South American capitals, and believes his first order will come imminently from Brazil or Peru."

AMD anticipates the average order size for its HIV (1+2) Rapid Test Kit to range between 1,000,000 to 3,000,000 units, per ordering country.

In the fight to contain the spread of AIDS, AMD stands by its product's motto "Recognition is the First Step".

AMD donates HIV (1+2) Rapid Test Kits to the Grace Children's Foundation for free distribution to all children's foster homes in China.