Mr. Otto Folprecht reports

VODIS TO RECEIVE PERMISSION FOR AN INSPECTION IN WASHINGTON STATE ONCE NEW AIR FLOW SYSTEM IS INSTALLED

After consulting with the City of Bellingham in Washington state, Vodis Pharmaceuticals Inc. needs only to install air flow systems in order that it may be granted permission to receive an inspection from the Washington State Liquor Control Board. The company has ordered the necessary parts and expects the installation to be completed within three to four weeks.

Otto Folprecht, chief executive officer and director of Vodis, stated, "The company is extremely pleased with the co-operative working relationship with both the City of Bellingham and the Washington State Liquor Control Board as it looks forward to completing the build out of the I-502 facility."

We seek Safe Harbor.