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Biotech / Medical : Royce Biomedical (RYBO-BB) - any thoughts? -- Ignore unavailable to you. Want to Upgrade?

To: Neil_98 who wrote (40)	8/10/1998 3:32:00 AM
From: Neurogenesis	Respond to of 42

Well, for starters, the lab in Irvine has been closed for about 5 months. So I would hardly call it a "relocation".

To: Neil_98 who wrote (40)	9/17/1998 4:59:00 PM
From: Pawl	Respond to of 42

News Release ---------------------------------------------------------------------- ROYCE BIOMEDICAL INC. (OTCBB - RYBO) PRESS RELEASE - September 16,1998 PRIVATE PLACEMENT COMPLETED AND PRODUCTION FACILITY ACQUIRED. For more information please contact Investor Relations at: Toll Free 1-800-661-7844 E-mail: rybo@richmorcapital.com Website: roycebiomedical.com ********************************************************************** Mr. Gregory Sharpe, the President of Royce Biomedical Inc. (OTC BB Symbol-RYBO) is pleased to announce the completion of a Cdn$100,000.00 private placement. The private placement was set at US$0.42, for a total of 170,000 shares of Royce Biomedical Inc. Under the terms of the private placement, the funds are to be allocated towards a laboratory and production facility. To this end, Mr. Sharpe is pleased to announce that a new premise has been acquired in Richmond, B.C. The address of the facility is: Unit 120 4320 Viking Way Richmond, BC Canada, V6V 2L4 The facility requires some minor renovations which are expected to be completed by the first week of October. Renovations include setting up a cold room along with a clean room for actual production. Mr. Sharpe is also pleased to announce that the production schedule continues to be on time with production beginning mid October, 1998. Company Summary Royce Biomedical Inc. is a state of the art developer, manufacturer and marketer of rapid result, medical diagnostic test kits with an office in Beijing, China, and with its corporate head office in Vancouver, British Columbia, Canada. Royce is maintaining its objectives for rapid and consistent growth through the implementation of a progressive sales and marketing program. Greg Sharpe President --------------------------------------------------------------------- Pawl