LAS VEGAS, June 14, 2005 (PRIMEZONE) -- NanoSignal Corp, an OTC Pink Sheets Fully Reporting Company symbol (Pink Sheets:NNOS), announced that it has cancelled another one hundred fifteen million shares of common stock that were issued previously, one hundred million in Santa Rosa Trading Co acquisition and fifteen million in the aborted debenture program This comes on top of 560 million shares cancelled under terms of the court action, one hundred million on the Santa Rosa Trading, Co aborted merger, and two hundred sixty million shares on the debenture program.
"As we have been reviewing our share count, we have found several areas where there were additional shares to be cancelled," said NanoSignal President and CEO James Wolfe.
"We also anticipate completing our 10K this week," said Dr. Rupert Perrin.
This press release contains ``forward-looking statements'' within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in ``Looking Forward.'' These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.