Dallas, TX 3/11/2008 6:57:07 AM
News / Finance

OTCPicks.com Announces Initiation of Profile Coverage for BioMagnetics Diagnostics Corp.

Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of BioMagnetics Diagnostics Corp. (OTC: BMGP). Mr. Dean comments, " Biomagnetics Diagnostics Corporation (OTC: BMGP), announced today that is continuing formal negotiations to purchase an interest in Tianjin Automatic Science & Instrument Co. LTD. Auto Science is located in Tianjin, China’s third largest city with a population of 9.5 million. Tianjin is a major comprehensive industrial base in northern China. It has over 150 lines of industry consisting primarily of electronics, automobile, metallurgy, pharmaceuticals, textiles, chemicals and mechanics.  Tianjin Auto Science has been in business over 15 years. By acquiring an interest in Tianjin Auto Science, Biomagnetics Diagnostics will gain access to over 1,250 distributors, a laboratory client base of 10,000 and skilled manufacturing in the business community’s most exciting markets.”

 

To view the OTCPicks.com Company Profile for BioMagnetics Diagnostics Corp., please visit: http://www.otcpicks.com/biomagnetics/biomagnetics.htm

 

About BioMagnetics Diagnostics Corp.

 

Biomagnetics Diagnostics Corporation, through its wholly owned subsidiary Biospectrum Technologies, Inc., a company that has designed and patented revolutionary diagnostic equipment and immunoassays, will identify market inadequacies and fill those needs with new technologies and highly specific and sensitive assays that are qualitative (yes/no) and quantitative (viral load/degree of infection), easily performed and cost effective.

 

About OTCPicks.com

 

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

 

Disclosure: OTCPicks.com has been compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services.

 

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.