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Biotech / Medical : CYPH - Cytoclonal Pharmaceutics -- Ignore unavailable to you. Want to Upgrade?


To: vibaby who wrote (405)2/9/2000 8:39:00 PM
From: Sir Auric Goldfinger  Respond to of 428
 
TOTAL PUMPANDUMP: "CYTOCLONAL PHARMACEUTICS INC. ITEM 5. OTHER EVENTS. On February 4, 2000, the registrant issued the press release filed as
Exhibit 99.1 hereto and incorporated herein by reference, announcing that it
intended to call for redemption its outstanding Class C Warrants for cash
at the redemption price of $.05 per Class C Warrant. On February 7, 2000, the
registrant distributed to the registered holders of its Class C Warrants the
Notice of Redemption of Class C Warrants filed as Exhibit 99.2 hereto. Each
Class C Warrant is exercisable at an aggregate exercise price of $6.50 per Class
C Warrant prior to 5:00 p.m. (Eastern Standard Time) on March 8, 2000. If a
Class C Warrant is exercised, the holder will receive one share of common stock
(NASDAQ:CYPH) and one Class D Warrant (NASDAQ:CYPHZ) of Cytoclonal Pharmaceutics
Inc. After 5:00 p.m. on March 8, 2000, the Class C Warrants will no longer be
exercisable, and the holders will have only the right to receive the redemption
price.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit
Number Description

99.1 Press release issued February 4, 2000.

99.2 Notice of Redemption of Class C Warrants distributed
to the registered holders of Class C Warrants.






2
<PAGE> 3



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


CYTOCLONAL PHARMACEUTICS INC.


Date: February 9, 2000
By:/s/ DANIEL SHUSTERMAN
----------------------------------
Daniel Shusterman
Vice President Operations
Treasurer and Chief Financial Officer






3
<PAGE> 4




EXHIBIT INDEX

<TABLE>
<CAPTION>

EXHIBIT
NUMBER DESCRIPTION
------- -----------
<S> <C>
99.1 Press Release issued February 4, 2000.

99.2 Notice of Redemption of Class C Warrants.
</TABLE>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<DESCRIPTION>PRESS RELEASE ISSUED FEBRUARY 4, 2000
<TEXT>

<PAGE> 1
EXHIBIT 99.1

FOR IMMEDIATE RELEASE




Contact: Daniel M. Shusterman
Vice President Operations
Chief Financial Officer
Telephone: (214) 353-2922 extension 401
February 4, 2000 Dallas, Texas

CYTOCLONAL PHARMACEUTICS INC. ANNOUNCES
CLASS C WARRANT REDEMPTION CALL