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Biotech / Medical : Paracelsian Inc (PRLN) -- Ignore unavailable to you. Want to Upgrade?


To: John Lacelle who wrote (3981)11/13/1998 12:52:00 PM
From: Elllk  Read Replies (1) | Respond to of 4342
 
John

I think you are referring to the former CEO (Keith whatshisname) who is, in fact, now gone and hopefully RIP. But you're right, god forbid the new company becomes just another low tech operation like Clorox or something. (gr)

Larry



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