Holmes Biopharma, Inc.
OTC Bulletin Board : HLMB

Holmes Biopharma, Inc.

August 30, 2005 09:01 ET

Holmes Herbs Commences European Financing

SCOTTSDALE, ARIZONA--(CCNMatthews - Aug. 30, 2005) - Holmes Herbs, Inc., (OTCBB:HMHB), announced today that it has commenced a financing in Europe. The company has contracted with ROTENBERG Financial Consulting, who is offering Reg S exempted shares to its European clients via a listing on the Berlin Stock Exchange. Trading of these shares commenced on August 8, 2005.

"We intend to raise US$5,000,000 during the coming months, from both retail and institutional investors, to be used to develop our drug research and development business, and general working capital requirements" stated John Metcalfe, President and CEO.

On behalf of the Board of Directors

John F. Metcalfe, President and CEO

Certain statements in this press release constitute "forward looking statements" within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own independent advisers with any investment, including any contemplated investment. All information contained in this press release should be independently investigated. This press release contains forward-looking statements. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the companies' management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein.

Contact Information

  • Holmes Herbs, Inc.
    John F. Metcalfe
    President and CEO
    (206) 245-4779
    ir@holmesherbs.com
    or
    Holmes Herbs, Inc.
    8655 East Via De Ventura
    Suite G-200
    Scottsdale, Arizona 85258