R & A Productions Announces Corporate Action; Name Change and New OTC QB Symbol
June 15 2011 - 9:00AM
Marketwired
R & A Productions, Inc. (OTCQB: RAPP) announced today that at
the open of business June 15, 2011 the name change of R & A
Productions, Inc (RAPP) to "American CryoStem Corporation" will
take effect. The new symbol on this date will be (OTCQB: CRYO).
Mr. John Arnone, Chairman commented: "The acquisition of the
assets of ACS Global, Inc. (formerly known as American CryoStem),
consisting primarily of completed platform technology, significant
intellectual property, initial processing facility in New Jersey
and assembled participating physician network accelerates our North
American initiative. We anticipate the name change to American
CryoStem Corporation to be the final step of our business plan
prior to the commercialization of our clinical processing
methodology. We concluded it to be beneficial to change our name
and symbol to one that is easily recognizable in the stem cell and
regenerative medicine industry, which we believe will reinforce
brand recognition. We are delighted to have been granted CRYO as
our new stock symbol as it truly represents our business
model."
About American CryoStem: American CryoStem
Corporation developed and markets a core clinical processing
platform for Adipose (fat) Derived Adult Stem Cells. Our services
provide for the collection, processing, and cryopreservation (long
term storage) of adult stem cells, allowing healthy individuals to
privately preserve their stem cells for future use in personalized
and regenerative medicine at an affordable price. Adult Stem Cell
treatments are currently being utilized to potentially heal one's
own body of over 100+ diseases and chronic conditions. Our
proprietary platform provides streamlined and affordable processing
and cryopreservation of Adipose Derived Stem Cells (ADSCs) and
Adipose Tissue (AT) for autologous (self) use.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain of the
statements contained herein, which are not historical facts, are
forward-looking statements with respect to events, the occurrence
of which involve risks and uncertainties. These forward-looking
statements may be impacted, either positively or negatively, by
various factors. Information concerning potential factors that
could affect the Company is detailed from time to time in the
Company's reports filed with the Securities and Exchange
Commission.
For More Information, contact: Investor Relations American
CryoStem Corporation 188 East Bergen Place, Suite 204 Red Bank, NJ
07701 Phone: 732-747-1007 Fax: 732-747-7782
www.americancryostem.com
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