HyperBaric Systems Files SB2 Application With The SEC
siliconinvestor.com
PALO ALTO, Calif., Dec 10, 2001 (BUSINESS WIRE) -- HyperBaric Systems (OTCBB: HYRB chart, msgs), a California biomedical company, announced today that it has filed a registration statement on Form SB-2 with the Securities and Exchange Commission to register 10 million shares of its common stock.
"Some of the shares being registered have already been issued to investors that have registration rights," noted Harry Masuda, President of HyperBaric Systems.
"The remaining shares will be issued to new investors, as required to fund current and future operating capital needs of the company," Masuda added.
HyperBaric Systems is headquartered in Palo Alto, California, with additional offices in the greater San Francisco Bay area, Rancho Mirage, California and Michigan. The company also has research and testing facilities in Russia.
This press release does not constitute an offer for sale of HyperBaric Systems' common stock.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.
Contact:
HyperBaric Systems
Harry Masuda, 650/323-0943
Email:hmasuda@california.com
OR
HyperBaric Systems
Bob Strom, 760/346-2698
Email: restrom3@cs.com
OR
Yes International
Rich Kaiser, 800/631-8127
Email: rich@yesinternational.com
OR
Wall Street Marketing
Mark Taggatz, 949/477-0640
Email: wsmg@earthlink.net
OR
Intermark
Bobbi Cowan, 818/346-1975
Email: bcowanintermark@msn.com
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