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Microcap & Penny Stocks : APPI - Advanced Plant Pharmaceuticals Inc.

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To: LORD ERNIE who wrote (1235)4/19/2002 11:17:50 AM
From: SCOOBEY-DO  Read Replies (2) of 1263
 
Hi Ernie. Have you heard anything about the "Alzheimer's product LHM123"? I wish they would have come up with a better name than "Amazing Nutritionals, Inc. ("ANI")" for the new company. It sounds kind of phony rather then being serious.

Advanced Plant Pharmaceuticals, Inc. -- OTC BB 'APPI' -- Announces Dividend and Spin-Off Alzheimer's Product

NEW YORK--(BUSINESS WIRE)--April 18, 2002--(OTC Bulletin Board: APPI) Advanced Plant Pharmaceuticals, Inc. a company that utilizes whole plants to develop all natural dietary supplements, is pleased to announce that they intend to develop a subsidiary company through a spin-off its Alzheimer's product LHM123.

The proposed name for the new subsidiary company is Amazing Nutritionals, Inc. ("ANI").

It is intended that ANI will be fully registered with the SEC and shall be eligible for trading under the rules of the SEC on the Over the Counter Bulletin Board of the NASD. ANI intends to give APPI 2 million shares of its common stock for all rights to APPI's product LHM123. APPI also intends to distribute a dividend to its current shareholders based upon the spin-off. All APPI shareholders will receive 1 share of ANI for every 600 shares owned in APPI as of the record date, July 31, 2002. ANI plans to trade at $1.00 per share upon commencement of trading.

ANI plans to secure an investment banker who will be responsible in structuring all aspects of the proposed spin-off and dividend. ANI plans to aggressively market LHM123 along with other innovative products currently in ANI's research and development phase.

For more information on APPI, please visit the Company's Web site at advancedplantpharm.com.

FORWARD LOOKING STATEMENTS:
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