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AMDL Hopes to Spin-Off Jade Subsidiary to GEM Exchange

publication date: Sep 22, 2009
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AMDL Inc. plans to monetize its China operations, probably by spinning off Jade Pharmaceuticals and its primary operating subsidiary, Jiangxi Bio-Chemical Pharmacy Company (JJB). AMDL hopes to finalize one or more equity private placements in JJB during the third and fourth quarters of 2009 and then list JPI/JJB on the Growth Enterprise Market in Shenzhen during the first half of 2010. More details...

Stock Symbol: (NYSE Alternext US: ADL)




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