Lifeline Biotechnologies announces stock dividend

By Elaine Rigoli

Tampa, Fla., March 29 - Lifeline Biotechnologies, Inc. announced Wednesday a common stock dividend, which will be issued to its shareholders of record as of April 14.

The stock dividend will total about 50 million unrestricted company shares, according to a news release.

Shareholders are expected to receive approximately 1.5 shares for each 10 shares already owned on the record date, the release said.

Lifeline Biotechnologies is a Reno, Nev.-based medical technologies company focused on assisting in the early detection of cancers.

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