BioSyent Releases 2010 Second Quarter Financial Results-Revised
August 18 2010 - 4:27PM
Marketwired
BioSyent Inc. ("BioSyent") (TSX VENTURE: RX) today announced it has
filed revised Financial Statements for the second quarter ending
June 30, 2010, due to a technical error in its Consolidated
Statement of Cash Flows.
In the Consolidated Statement of Cash Flows filed on August 17,
2010, the figures in the columns under the title "For the six
months ended June 30" are correct. The figures under the title "For
the three months ended June 30" were erroneous. A corrected
Consolidated Statement of Cash Flows has been filed on
www.sedar.com. The error and subsequent correction have no impact
on the reported Income Statement or Balance Sheet.
BioSyent Inc. is a publicly traded specialty pharmaceutical
company whose wholly owned subsidiary, BioSyent Pharma Inc.,
sources, acquires or in-licences pharmaceutical products and
markets these products in Canada. Wholly owned BioSyent subsidiary
Hedley Technologies Ltd. operates the company's legacy business
marketing bio and health friendly non-chemical insecticides.
BioSyent common shares are listed for trading on the TSX Venture
Exchange (TSXV) under the symbol RX.
This press release may contain information or statements that
are forward-looking. The contents herein represent our judgment, as
at the release date, and are subject to risks and uncertainties
that may cause actual results or outcomes to be materially
different from the forward-looking information or statements.
Potential risks may include, but are not limited to, those
associated with clinical trials, product development, future
revenue, operations, profitability and obtaining regulatory
approvals.
The TSX Venture Exchange assumes no responsibility for the
accuracy of this release and neither approves nor disapproves of
the same.
Contacts: BioSyent Inc. Rene C. Goehrum President and CEO (905)
206-0013 (905) 206-1413 (FAX) www.biosyent.com
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