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Microcap & Penny Stocks : IGNE Igene Biotechnology
IGNE 0.000010000.0%Mar 6 3:00 PM EST

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To: TARIQ STOCKS who started this subject10/1/2003 4:10:30 PM
From: JSB  Read Replies (2) of 209
 
We won, just no mention of how much.

Pending litigation (original lawsuit filed July 21, 1997, U.S. District
Court, Baltimore, MD) between Archer Daniels Midland, Inc. ("ADM") and Igene,
involving allegations of patent infringement and counterclaims concerning the
theft of trade secrets was resolved on September 29, 2003. Resolution of the
dispute between ADM and Igene did not result in an unfavorable outcome to
Igene. Accordingly, no liability will be recorded in the balance sheet.
Igene will continue to make and sell its product, AstaXin(R).
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