Archive for September 8th, 2008

  • NIR Diagnostics Terminates Deal With Shaklee Corp. Over Payment Dispute

    nbbusinessjournal.com:
    NIR Diagnostics Inc. (TSXV: NID), an Ontario-based medical test developer, says it is scrapping licence deal with Shaklee Corp. over a payment dispute under the agreement.

    NIR said Monday it had exercised its right to terminate the August, 2006 licence deal with U.S.-based Shaklee “arising from its failure to pay amounts to NIR Diagnostics when due.”
    “As [...]

  • Mannatech Receives Wells Notice From SEC

    BloggingStocks:
    Mannatech (NASDAQ: MTEX) disclosed on Friday that it had received a Wells Notice from the SEC, indicating that the commission may pursue enforcement action.

    In the press release, Mannatech said that the notice is “related to the timing and completeness of Mannatech’s October 2007 disclosure regarding its dismissal of Grant Thornton LLP as its independent registered [...]