RENO, Nev.--(BUSINESS WIRE)--March 29, 2006--Lifeline Biotechnologies, Inc. (Pink Sheets: LBTN) today announced a common stock dividend which will be issued to its shareholders of record as of April 14, 2006. The stock dividend will total approximately 50 Million unrestricted shares of LBTN. Lifeline Biotechnologies shareholders are expected to receive approximately one and a half shares of LBTN for each ten shares already owned on the record date.