RENO, NV--(Marketwire - July 30, 2009) -
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ChromoCure, Inc. (PINKSHEETS: KKUR) issued a stockholder update on the progress of its initial disclosure statements, financial reporting, and business plan execution.
Financial Reporting and Regular Disclosures
The Company is completing its full disclosure statement published pursuant to paragraphs (a)(5)(i) to (xiv), inclusive, and paragraph (a)(5)(xvi) of Rule 240.15c2-11 and the OTC Disclosure Guidelines. The information filed will be substantially equivalent to the SEC’s “Form 10" document. The Company anticipates filing its complete disclosures on 10 August 2009.
Revenue Projections and Industry/Sector Analysis
The Company will make public several aspects of its business plan and its technology. These announcements will contain analyses of specific sectors of the cancer diagnostic industry. Contained within these market surveys and analyses will be revenue estimates and projections. The public release of information will begin on 4 August 2009 and simultaneously filed with the OTC Disclosure Service.
Investors timely updated on the following:
-- Elimination of all long-term liabilities and removal from the Balance Sheet. -- Acquisition of intellectual property, technology, and subsequent patent filings -- Additional appointment to the Company’s Advisory and Business Development Boards. -- Acquisition of profitable pathology labs to expand the company’s operations -- Research and Development agreements with industry partners -- Regular updates and commentary on the Company’s proprietary technology and development. -- Revenue estimates by industry sector
About ChromoCure
ChromoCure develops and provides proprietary cancer detection systems. The Company owns its technology and provides its systems on a revenue sharing basis. The Company’s systems measure the unique genomic characteristic common to all cancers and never found in normal cells. The Company believes its technology has an effective accuracy of 100% for all cancers at all stages. The Company believes its technology vastly superior to anything in existence and that it will become the undisputed gold standard for cancer detection worldwide.
The Company’s technology and understanding of cancer also suggest non-toxic and non-invasive approaches to cancer therapy and cure research. The Company will release progress reports on these initiatives from time to time.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company’s website version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.
Investor Relations:
Contact:
ChromoCure, Inc.
info@chromocure.com
Tel 1.775.636.6548