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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (95959)11/13/2001 11:20:36 AM
From: bigbuk  Read Replies (1) | Respond to of 150070
 
VLPI read filing out --very bad if anyone long ....
is a short to .01

WE MAY NEED ADDITIONAL FUNDS WHICH, IF AVAILABLE, COULD RESULT IN ADDITIONAL DILUTION TO OUR STOCKHOLDERS. IF ADDITIONAL FUNDS ARE NEEDED AND ARE NOT AVAILABLE, OUR BUSINESS COULD BE NEGATIVELY IMPACTED AND WE MAY NOT BE ABLE TO CONTINUE TO FUND OUR OPERATIONS

OUR PURTEST ANTHRAX TEST IS STILL IN DEVELOPMENT AND MAY NOT EVER BE SUCCESSFULLY BROUGHT TO MARKET.

we plan to have the test's effectiveness verified by an independent laboratory before beginning distribution. There can be no assurance that we will be able to have an independent laboratory verify PurTest Anthrax Test's effectiveness on the schedule we have outlined or ever.

Even though the instructions for PurTest Anthrax Test will include appropriate disclaimers regarding the effectiveness of the test, we could be sued based on claims that the test failed in a particular instance.

If we were to lose any such case, we might not have sufficient resources to pay the judgment and we could be forced into bankruptcy.