Pressure BioSciences 1st Quarter 2020 Financial & Business Update to Include Jim Morrison, Incoming CEO for Merged Companies of Availa Bio

Jul 21, 2020

Pressure BioSciences, Inc., Cannaworx Inc., and SkinScience Labs have agreed to merge into a new company that will be named Availa Bio.

Posted by Pressure BioSciences, Inc.

Availa Bio will have an opening IP portfolio of 31 issued and more than a dozen pending patents, an existing worldwide base of hundreds of corporate and thousands of retail customers, and an annual revenue base of nearly $20 million from multiple products already on the market.

Availa Bio will be led by Mr. Jim Morrison, the former President of L’Oréal, Sexy Hair, StarShop, and Graham Webb. Mr. Morrison is universally regarded as one of the top brand strategists in the personal care space worldwide. Mr. Morrison will participate in the call and be available during the Q&A session.
The Letter of Intent between PBI and Cannaworx, and the Letter of Intent between Cannaworx and SkinScience Labs, are subject to certain closing conditions, including completion of all due diligence and acquisition financing.

Anyone interested may listen to the teleconference either live (by telephone) or through a replay (by telephone or via a link on the Company’s website approximately one day after the teleconference).
The teleconference will include a Company presentation followed by a Question & Answer period.
Date: Wednesday, July 8, 2020. Time: 4:30 PM Eastern Time (ET).
To attend the teleconference, live by telephone: Dial-in: (844) 602-0380 (North America); (862) 298-0970 (International). Verbal Passcode: PBI First Quarter 2020 Financial Call & Business Update.
For those unable to participate in the live teleconference, a replay will be available beginning Thursday, July 9, 2020. The replay will be accessible via telephone and the Company’s website for 30 days.
Replay Number: (877) 481-4010 (North America); (919) 882-2331 (Int’l); Replay Passcode: 35628.

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