SAN DIEGO--(BUSINESS WIRE)--July 12, 2006--Bio-Matrix Scientific Group, Inc. (Pink Sheets:BMXP - News), a biotechnology company focused on stem cell cryogenics and disposable stem cell/tissue transfer instruments, announced today that it has completed the sale of its wholly owned subsidiary and operating entity to Tasco Holdings International, Inc., a Delaware corporation (OTCBB:THII - News). The Agreement was closed on July 3, 2006.