MitoPharm Corporation Announces Dividend Update

SEATTLE, WA--(MARKET WIRE)--Sep 20, 2007 -- MitoPharm Corporation, Inc. (Other OTC:MTPM.PK - News), a biotechnology company ("the Company"), announced that on September 19, 2007 a stock dividend of 150% was issued inadvertently and adjusted to a 250% dividend by the end of the day, consistent with the Company's announcement on September 4, 2007.
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