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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John Lacelle who wrote (3981)11/13/1998 3:59:00 PM
From: John H. Farro  Read Replies (1) of 4342
 
John,

I guess its been a while since you've followed PRLN. The entire Board of Directors resigned last January and an entirely new management team took over. They have infused about $1 million in cash into the company. They have a deal with R.P. Scherer which may bring about $1 Million over the next year and the Southern Research Institute is testing their herbal compounds for cancer fighting properties. The members of the new Board of Directors have impressive credentials. The company is now in the hands of people with high integrity. I can't guarantee PRLN's success, but I know that Bernie Landes and everyone associated with the company are doing everything they can to make it a success. Unlike the old Board, they are actually communicating with the stockholders. They now have a highly informative web site. I urge you to visit it and read the past press releases to catch up on what has happened.

paracelsian.com

Robin
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