Navigation Links
Encorium Reports Third Quarter 2009 Financial Results; Announces Date of Annual Stockholder Meeting
Date:11/16/2009

g concern, and that no adjustments have been made to the financial statements that might result from the outcome of this uncertainty.

On October 19, 2009, the Company completed a private placement of 3,937,500 shares of our common stock with a private investor for an aggregate purchase price of $1,575,000, or $.40 per share. Prior to the transaction, the Company entered into Warrant Exchange Agreements with two investors (the "Investors") pursuant to which the Company issued to the Investors an aggregate of 1,864,000 shares of Common Stock (collectively, the "Exchange Shares") and warrants to purchase an aggregate of 874,126 shares of Common Stock, exercisable for a period of five years, at an exercise price of $.40 per share (collectively, the "Exchange Warrants"). The Exchange Shares and Exchange Warrants were issued in exchange for warrants dated as of May 9, 2007 held by the Investors to purchase an aggregate of 874,126 shares of Common Stock of the Company (collectively, the "Original Warrants"). Except as described above, the terms of the Exchange Warrants, including anti-dilution adjustments, are substantially similar to those of the Original Warrants.

The Company also announced on October 19, 2009, that it has terminated previously announced negotiations for the sale of the Company's wholly-owned subsidiary Encorium OY to a clinical research organization based in the United States and will not pursue a sale of the Company or Encorium Oy at this time.

The Company anticipates that will meet its cash requirements at least into the second quarter of 2010, assuming it is able to fully implement its current costs cutting initiatives, it is able to win additional contracts during fiscal 2009 and it is able to maintain current customer contracts. We will continue to seek strategic alternatives, including, but not limited to attempting to secure additional financing. The Company's ability to obtain additional financing in the fu
'/>"/>

SOURCE Encorium Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related medicine news :

1. Encorium Appoints Shahab Fatheazam to its Board of Directors
2. Encorium Announces Receipt of Letter from Nasdaq Regarding its 2008 Form 10-K Filing
3. Encorium Reports Fourth Quarter and Full Year 2008 Financial Results
4. Encorium Group Enters into Non-Binding Letters of Intent
5. Encorium Reports First Quarter 2009 Financial Results
6. Encorium Group Amends LOI with Respect to the Sale of its U.S. Business;
7. Encorium Receives NASDAQ Deficiency Letter Regarding Stockholders Equity
8. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
9. Haemacure Reports Third Quarter 2007 Results
10. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
11. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/28/2015)... February 28, 2015 “ Powermod ” was ... which takes a look at the latest and coolest technology ... reporter for NewsWatch and a technology expert, conducted the review ... of charging solutions. , Getting stuck with a low battery ... a problem that people face on a daily basis. Even ...
(Date:2/28/2015)... 28, 2015 My Shiney Hiney® LLC., the ... team to Las Vegas, Nevada for the annual ASD Market ... of the leading consumer-goods tradeshows and My Shiney Hiney will ... event. My Shiney Hiney can be found at booth number ... for the at-home personal hygiene brush and cleansing system exclusively ...
(Date:2/27/2015)... CA (PRWEB) February 27, 2015 ... Devices (IPD), has introduced miniature, wire bondable, silicon ESD ... Power LED markets. The ESD88NP and ... currents away from sensitive LED and IC products. ... Multilayer Varistors (MLV). All devices meet the requirements ...
(Date:2/27/2015)... February 27, 2015 Today, February 27th, is ... Brothers , along with LXR Organics and ... IT Campaign to raise awareness and promote prevention, rescue and ... provided by the END IT Coalition, slavery is the 2nd ... and exists in 167 countries around the world. Slavery includes ...
(Date:2/27/2015)... (PRWEB) February 27, 2015 Altec Products, ... as their Sage ERP Document Management Partner of the ... ERP, Sage CRM and other complimentary solutions for their ... worked side-by-side for many years to provide clients with ... applications. , “We are thrilled to recognize ADSS ...
Breaking Medicine News(10 mins):Health News:Solutions to Keep Phones Charged were Featured on NewsWatch Television on January 29, 2015 2Health News:My Shiney Hiney® to Participate in ASD Market Week 2015 2Health News:OnChip Introduces New Series of Space Saving Bare-die Zener Diodes for Transient Voltage Suppression 2Health News:OnChip Introduces New Series of Space Saving Bare-die Zener Diodes for Transient Voltage Suppression 3Health News:KAJ Brothers Join the Campaign to 'End It - Shine A Light On Slavery' 2Health News:Altec Announces 2014 Sage ERP Document Management Partner of the Year Award Recipient 2
... ... by the 1998 Nobel Prize winner in Medicine is a boon for anyone who wants ... ... Dr. Mercola of Mercola.com released yesterday a new heart health product that also ...
... activity per week, experts say , FRIDAY, April 2 ... States do not get the recommended amount of exercise, ... 150 minutes of moderate-intensity aerobic activity per week, according ... Moderate-intensity exercise causes light sweating or a slight to ...
... Children,s Hospital Boston,s Pain Treatment Service has been named a ... honor that is bestowed upon five pain centers each year. ... nomination process. "We are honored to be named a ... Charles Berde, MD, PhD, chief of the pain management department ...
... Most deaths occurred when babies slept somewhere other than a ... are 12 times more likely to die from sleep-related causes ... shows. , Overall in the state of Illinois, where the ... to die from sleep-related causes. , Researchers in the Child ...
... ... vaccination rates, , ... Washington, DC (Vocus) April 2, 2010 -- The American Pharmacists Association (APhA) applauds the ... efforts to administer more than 90 million doses during the 2009-2010 influenza season. ...
... vice president of Emergency Medicine Clinical Operations at Thomas ... Department Director of the Year by the Emergency Medicine ... receive his award at the American College of Emergency ... "I am extremely honored to be recognized in such ...
Cached Medicine News:Health News:New Heart Health Booster Supports Blood Pressure in the Normal Range* 2Health News:New Heart Health Booster Supports Blood Pressure in the Normal Range* 3Health News:Only 1 in 4 Pregnant Women Gets Enough Exercise 2Health News:Sleep-Related Death Rate Higher Among Black Infants 2Health News:Pharmacists Play a Vital Role in Providing Immunizations in Their Communities, 2Health News:Pharmacists Play a Vital Role in Providing Immunizations in Their Communities, 3Health News:Jefferson physician named 2010 Emergency Department Director of the Year 2
(Date:2/26/2015)... , Feb. 26, 2015  Tandem Diabetes Care®, ... company and manufacturer of the t:slim® and t:flex™ Insulin ... offering of 5,250,000 shares of its common stock at ... The net proceeds to Tandem from this offering are ... and commissions and other estimated offering expenses payable by ...
(Date:2/26/2015)... 2015  Today the National Safety Council ... physical side effects of pain medications , ... Vicodin and Oxycontin, are safer options than over-the-counter pain ... painkillers than on heroin and cocaine combined," said ... "Yet, these medications are marketed as the Cadillac option ...
(Date:2/26/2015)... SOUTH BEND, Ind. , Feb. 26, 2015 /PRNewswire/ ... to announce an agreement with Bank of America (NYSE: ... for consumers nationwide to receive financing of the revolutionary ... accessible vehicle, designed from the ground up to provide ... users. Approved applicants can use their loan to purchase ...
Breaking Medicine Technology:Tandem Diabetes Care Announces Pricing of Underwritten Public Offering of Common Stock 2Tandem Diabetes Care Announces Pricing of Underwritten Public Offering of Common Stock 3National Safety Council: Opioid prescription painkillers have hidden, deadly side effects 2Mobility Ventures and Bank of America Announce New Agreement to Simplify Retail Consumer Financing for MV-1 Universally Accessible Vehicle 2Mobility Ventures and Bank of America Announce New Agreement to Simplify Retail Consumer Financing for MV-1 Universally Accessible Vehicle 3
... Grove, MN, announced today that the results of the ... of its NeuroFlo™ catheter – were presented on Saturday, ... at the 2010 World Stroke Congress in Seoul, South ... randomized trial of an acute interventional treatment in ischemic ...
... WASHINGTON, Pa., Oct. 18 McNeil Consumer Healthcare, Division ... TYLENOL® 8 Hour caplets 50 count bottles to the ... small number of complaints of a musty or moldy ... by the presence of trace amounts of a chemical ...
Cached Medicine Technology:CoAxia Announces Results of SENTIS Ischemic Stroke Trial 2CoAxia Announces Results of SENTIS Ischemic Stroke Trial 3McNeil Consumer Healthcare Announces Voluntary Recall of One Product Lot of TYLENOL® 8 Hour Caplets 50 Count Sold in the United States and Puerto Rico 2
Features soft, low friction sheath that extends beyond the tip....
Designed to retain the desired curve during oral intubation....
Facilitates intubation of tracheal tubes....
Facilitates intubation of tracheal tubes....
Medicine Products: