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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Judy Muldawer who wrote (3491)	3/17/1998 9:05:00 AM
From: Jonathan Schonsheck	Read Replies (1) of 4342

Dear Judy & Other Threaders, We have an entirely new Board of Directors, and a new President/Chair/CEO. The members of the Board represent all the relevant areas; Bernie Landes has a well-established record of marketing botanicals. As is indicated by the (drastically) revised Home Page (Paracelsian.com), we have a new business plan. (Perhaps more accurately: we now have an actual business plan.) Near-term revenues to be generated by providing services (screening of others' botanicals, and quality control), longer-term revenues to be generated by licensing agreements. We have the library of TCMs, and (through T. Colin Campbell) access to additional herbal extracts. Of course we are still (STILL!) talking about potential, not actual. And it is not easy to be patient, given what we've been through (i.e., what Rhodes and the Rhodies did to us). Nonetheless, there are good grounds for (cautious) hope. Jonathan

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