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TNI BioTech, Inc., Announces an Extension to the Record Date of its wholly owned subsidiary, Cytocom Inc., and Dividend now Set for September 30, 2014
Date:8/14/2014

up to the 30th of September 2014.

  • Stock settlement dates take up to 3 days; thus a shareholder's name may not be on the Non-Objecting Beneficial Owners List in time. This has confused a lot of shareholders.

  • From August 3 to August 5, 2014, the Company's executives met with Mr. Ye Jige, Chairman and CEO of Hubei Qianjiang Pharmaceutical Co., Ltd. ("Hubei) to discuss and negotiate three agreements between the Company and Hubei.  Also present were scientific and financial advisors to the Company who are not officers and directors of the Company.

    One agreement between the Company and Hubei has been executed and an 8-K filed and two other agreements are being translated into Chinese and are subject to Board Approval by both companies prior to execution.  Each of these agreements holds significance to our future and its long range plans and disclosure will be made by appropriate Securities and Exchange Commission filings on form 8-K; however, since non-public information is available to persons other than our officers or directors and to preclude the possibility of individuals trading on such information or disseminating it to others, we have decided to extend the record date of the Cytocom Inc., stock dividend from August 15, 2014 until September 30, 2014.   This will allow the above-described information on which Company investment decisions might be made available to all shareholders and potential shareholders of the Company and Cytocom Inc.

  • The Ex-Dividend date will be the next trading day, October 1st, 2014.

  • All shareholders are encouraged to have their shares settled before September 30, 2014, which means purchasing the stock on or before September 25, 2014. 
  • About TNI BioTech, Inc.

    We are a biotechnology company working to combat chronic, life-threate
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    SOURCE TNI BioTech, Inc.
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