SHENZEN, China, July 13 /PRNewswire-FirstCall/ - Hard to Treat
Diseases, Inc. (HTDS; http://www.htdsmedical.com) is pleased to
share that HTDS is currently involved in discussions regarding a
divestiture of subsidiary Collagenna.
In a company filing on June 23,
2010, HTDS reported legal recommendations pertaining to
resolving the company's Caveat Emptor (skull and bones) ranking
with Pink Sheets. The consulted securities lawyer suggested a
divestiture with Collagenna to simplify HTDS' corporate structure.
Following these recommendations, HTDS began the process of looking
for a buyer for Collagenna. Axia Group Inc. (PK:AGIJ), a business
holding company, expressed interest in purchasing Collagenna, since
it is currently seeking viable merger candidates. HTDS is pleased
to announce that negotiations have begun on this matter.
HTDS, management is of the opinion that, "This is a mutually
beneficial divestiture arrangement. Collagenna is a very valuable
company, with tremendous growth and global distribution
opportunities, but is perhaps better suited in another company. Our
board believes that this divestiture will strengthen shareholder
value of HTDS. Investors and followers are keen on HTDS' commitment
to medical technology and research and we intend to foster this
keenness."
The company reminds its shareholders and followers to monitor
PinkSheets.com Filing section and also our IR company web site
section "PRESS RELEASES AND FILINGS" TAB
http://www.minamargroup.net/ for non newsworthy corporate
updates.
For any matters relating to retail investor queries or to send
the company or its IR a message please click on the "INVESTOR
SUPPORT" TAB, or the direct link
http://www.minamargroup.net/helpdesk. In this regard, Mina Mar
Group works diligently to answer and address all the pressing
issues regarding its clients to the shareholders' satisfaction. MMG
is in constant contact with the companies, addressing, obtaining
and processing all inquiries. MMG is often one of the advisors or
IR companies utilized by the issuer. Depending on the location of
the issuer and management's availability, it may take up to several
days to address any pressing issues. In a normal course of business
and a pending transaction, the issuer may opt to remain silent in
order not to lose advantage to a competitor. MMG is mindful that
sometimes shareholders want answers immediately, which for the
above reasons cannot be fulfilled on a timely basis.
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company is mindful that short sellers, the company competitors and
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profits.
Filings for this event are currently being reviewed and will be
filed with Pink Sheets and Client Support section in due course. To
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or may not be news released, please subscribe or opt in mailer at
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Hard to
Treat Diseases, Inc. that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be",
"expects", "may affect", "believed", "estimate", "project" and
similar words and phrases are intended to identify such
forward-looking statements. Hard to Treat Diseases, Inc. cautions
you that any forward-looking information provided by or on behalf
of Hard to Treat Diseases, Inc. is not a guarantee of future
performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Hard to Treat Diseases, Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Hard to Treat Diseases, Inc.'s
control. In addition to those discussed in Hard to Treat Diseases,
Inc.'s press releases, public filings, and statements by Hard to
Treat Diseases, Inc.'s management, including, but not limited to,
Hard to Treat Diseases, Inc.'s estimate of the sufficiency of its
existing capital resources, Hard to Treat Diseases, Inc.'s ability
to raise additional capital to fund future operations, Hard to
Treat Diseases, Inc.'s ability to repay its existing indebtedness,
the uncertainties involved in estimating market opportunities, and
in identifying contracts which match Hard to Treat Diseases, Inc.'s
capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Hard to Treat Diseases, Inc. does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
CONTACT: For any investor relations matters please contact,
www.minamargroup.net/helpdesk; Investor Relations Department
Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate
Matters, www.minamargroup.com
SOURCE Hard to Treat Diseases