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Advanced Nutraceuticals, Inc. Announces Release of Escrow Funds From Prior Sale of ANI Pharmaceuticals and Other Corporate Matters.

Publication: PR Newswire
Publication Date: 06-OCT-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Advanced Nutraceuticals, Inc. (BULLETIN BOARD: ANII) , announced today that it has received the $250,000 proceeds, with no deduction, from the escrow account that had been established in connection with the March 2004 sale of the assets and operations associated with its subsidiary, ANI Pharmaceuticals, Inc., ("ANIP") to an unrelated party. The receipt of this $250,000 escrowed amount, combined with the recent receipt of approximately $10,000 from the...

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