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Former Telomolecular CEO Clarifies SEC Settlement
Date:11/3/2008

n the country working on truly revolutionary nanotechnology based pharmaceutical products."

In approximately two years time, Mr. Sarad stated that he managed to acquire many valuable licenses to certain patented and patent pending medical biotechnologies developed by prestigious universities such as Stanford University, Northeastern, and the University of Nebraska. He built, from the ground floor up, an operational nanotechnology laboratory and staffed it with scientists that formerly served at some of the nation's finest research institutes such as Harvard Medical School, M.D. Anderson Cancer Center, and U.C. Davis Cancer Center. With the help of his partners, the company established internal manufacturing capacity and began to sell nanotechnology based cosmetic goods just before his departure. The Corporation sponsored $1 million worth of medical research at the University of Nebraska and the Cleveland Clinic Hospital, where some of its cancer and aging products are being tested for safety and efficacy in animals, and maybe soon in people. Early results have been very promising, demonstrating high levels of safe and non-toxic remission in a number of key malignancies such as breast and prostate cancer.

Mr. Sarad said the company was the first to deliver active human telomerase and synthetic DNA nanocircles to human cells and observe significant signs of telomere regeneration that was not observed when delivering inactive telomerase or linear strands of the same DNA. Studies performed by UCLA suggest that the elongation of chromosomal telomeres might prove to be effective and safe in the treatment of HIV in humans, while studies by other hospitals and universities suggest that certain diseases of aging might respond positively to telomere elongation. The company had also made advances in the delivery of intact RNA to cells through a process known as RNA protein shielding, it had recently begun to work on the development of therapeutics for d
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