The Company has several licensing proposals that should materialize either positively or negatively in the next 30 days, and the Company has applied for funding under government development programs in
The Company has experienced cash flow problems for the past two years due to market conditions and the non-payment of substantial funds owed to it by University of Southern Mississippi.
The Company intends to satisfy the provisions of the Alternative Information Guidelines by issuing bi-weekly default status reports in the form of news releases so long as it remains in default.
The Company is not in any insolvency proceedings at the present time and there is no other material information relating to the affairs of the Company that has not been generally disclosed.
%SEDAR: 00013223E
For further information: William T. Bodenhamer, President and CEO, Toxin Alert Inc., Telephone (905) 678-6946
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