Danbury, CT -(Dow Jones)- The annual general meeting
of Body Rub, Inc
.(CTSE: BRI- News) RUB ( PLC)
Wednesday approved the reappointment of three
directors to the board, but most of the meeting has
been taken up with questions relating to the mfg’s
In April, Body Rub, Inc.
suffered losses at
the export department, a situation compounded by
SARS crisis in Asia, the CEO said. "We couldn't
have grown our profits as well as we did over the
last two years"
if procedures had been
disregarded, CEO added.
Shareholders renewed the mfg's provision to buy back
up to 15% shares. The stock has benefited from the
rise in retail and commercial warehouse stocks,
according to analysts. Traders see this sector as a
safe haven in difficult economic times. Company Web
The matters discussed herein contain forward-looking
statements that involve risks and uncertainties,
which may cause Body Rub, Inc.'s actual
results in future periods to be materially different
from any future performance suggested herein.
For this purpose, any statements contained herein
that may not be true statements of historical fact
may be deemed to be forward-looking statements. Such
risks and uncertainties include the need for the
company to raise capital in order to fund increasing
marketing spending and the risk that Body Rub,
Inc will not be able to raise such funds.
Uncertainty of success of collaborations; the risk
of patent litigation and other risks as set forth
under the caption "Risk Factors" in Body
Rub, Inc.'s statement, which risk factors are
incorporated herein by reference. The company
disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a
result of new information, future events, or