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To: ksuave who wrote (59403)12/7/2006 8:37:45 PM
From: ACAN  Respond to of 120409
 
ksuave; I agree, it will certainly increase their footprint.This is not something that 3M would enter into lightly.

Allan



To: ksuave who wrote (59403)12/8/2006 12:04:04 AM
From: Stuki  Respond to of 120409
 
RPBIF This is great news to be connected to 3M's medical division. When I spoke with Rob Pilz back on 10/30/06 he said they were looking to partner for sales and distribution. It looks like 3M is it. He also said back then that their diagnostic for congestive heart failure has also been established as a marker for prognosis in ACS (Acute Coronary Syndrome)and if their tests continue to show terrific data they could be marketing it by 2Q 2007 in the USA, the EU earlier and perhaps in China. Pilz mentioned it should be a different company by 2Q 2007.

He said their RAMP technology has shown great results where ever they applied it.

The company fully diluted is roughly 120 M shares, O/S about 98 M and float of about 48 M.

3M's equity investment consists of 14,797,419 shares at a price of Canadian $0.62 per share. 3M has agreed not to sell any of its shares for a period of 12 months from closing. For a one - year period, 3M shall have a pro rata right, based on their percentage equity ownership in the Company, on a fully diluted basis, to participate in subsequent issuances of equity securities of the Company.

Hopefully their will be no more dilution.