SINGAPORE, Oct. 11 2011 /PRNewswire/ -- Volition, a life sciences company focused on developing blood-based diagnostic tests, has been advised by FINRA that the regulator has received the necessary documentation to announce a name change to VolitionRX Limited, and a change of symbol to VNRX.OB. FINRA has advised Volition that this corporate action will take effect at the open of business today, 11 October 2011.
Volition's symbol was previously SNDC.OB, following Volition's share exchange agreement with Standard Capital Corporation, announced on October 7 2011. Volition's symbol will not be VOLN.OB as previously announced.
Volition is managed by a well-respected team with extensive experience in diagnostics and commercialization. Volition's development activities are currently centered in Belgium and will be augmented by commercialization work in Singapore with a focus on bringing its revolutionary diagnostic products to market first in Europe, then the US and worldwide.
VolitionRX Limited is quoted on the OTC Bulletin Board in the United States of America, under the symbol VNRX.OB.
The following discussion, in addition to the other information contained in this communication, should be considered carefully in evaluating our prospects. This communication (including without limitation the following factors that may affect operating results) contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act") regarding us and our business, financial condition, results of operations and prospects. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this communication. Additionally, statements concerning future matters such as revenue projections, projected profitability, growth strategies, possible changes in legislation and other statements regarding matters that are not historical are forward-looking statements.
Forward-looking statements in this communication reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, those discussed in this communication. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this communication. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this communication.
SOURCE VolitionRX Limited
Released October 11, 2011