Bio-Matrix Scientific Group, Inc.

Medical device firm clarifies announcement of stock distribution

Published in Health Business Week, June 24th, 2005

A spokesperson for Bio-Matrix Scientific Group, Inc., (BMXG) noted that the company has received numerous questions about its May 20 announcement of a stock dividend in its wholly owned subsidiary, Frezer, Inc., and a 1-for-10 reverse stock split.

In an effort to address these questions, the following points were offered by the company:

1) Bio-Matrix Scientific Group (BMXG) will conduct a 1-for-10 reverse stock split.

2) The record date for the reverse stock split is May 31, 2005.

3) The company will also issue a stock dividend to BMXG shareholders of as of May 31, 2005, in Frezer, Inc., common stock.

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Source: Health Business Week (2005-06-24)

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