RENO, Nev.--(BUSINESS WIRE)--Lifeline Biotechnologies, Inc. (OTCPK:LBTN) today announced that it has finalized the details for the Preferred Stock Exchange. An Information Statement has been mailed to each of Lifeline Biotechnologies, Inc.’s shareholders of record as of May 21, 2007. The Information Statement has been posted to Lifeline’s website: www.lbtn.com.