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Fero Industries, Inc. Issues Corporate Update
Date:12/6/2012

required to fill out and file an official questionnaire concerning the agreement with Premium Pharma, and due to changes in the Treasury, have been asked to re-submit the paperwork. We are currently in the process of fulfilling this request, and have good reason to believe that the necessary approval is imminent."

Moving forward, there will be additional corporate modifications such as an address and phone number with a Colorado designation, since Fero has moved its domicile from Canada to Colorado. The Company will also be filing for a corporate name change, to PharmaRoth Labs, in early 2013. Once the name change is approved and effective, the Company will begin the process of filing for a ticker symbol change to better reflect its core business.

The Company has not been current with filing its financials with the SEC, and has been exploring alternate disclosure methods so as to give our shareholders a strong picture of the company. "Becoming as transparent as we possibly can is a top priority for us, and I expect to have a viable solution in the very near future," Mr. Lopez stated.

"I am also aggressively working to greatly expand our relationships with pharmaceutical companies around the world. I believe that 2013 will be a breakthrough year for increased exposure of Sucanon into new markets. Our product is the only Type II Diabetes drug with no side effects and high efficacy. This incredible combination of attributes is the key strength of our company."

"In conclusion, I would like to say that we have been working very hard to increase our market penetration in turbulent corporate times. I believe we are now well positioned to move forward as a company in a more aggressive way. I look forward to 2013 and beyond!"

About Sucanon®

Sucanon® is one of only three approved drugs in the multi-billion dollar market for a class of diabetic medications called "insulin sensitizers".  Pre-c
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SOURCE Fero Industries, Inc.
Copyright©2012 PR Newswire.
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