Business Services Industry
No Reverse Split of Biocontrol Stock
Business Wire, Sept 24, 1999
PITTSBURGH, Pa.--(BUSINESS WIRE)--Sept. 24, 1999--
Biocontrol Technology Inc. (OTC BB:BICO) announced today in response to significant inquiries regarding rumors of a reverse split of its common stock that the Company currently has no plans to do such a reverse split until material events warrant and support such action.
At this time, the focus of the Company remains on the FDA approval procedure for the Diasensor 2000 noninvasive glucose monitor and on the marketing of its oil spill cleanup products.
Biocontrol Technology has its corporate offices in Pittsburgh, Pa., and is involved in the development and manufacture of biomedical devices and environmental products.
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