Article: Advanced Biotherapy Restated 2004, 2005 and 2006 Financial Statements.

CHICAGO -- Advanced Biotherapy, Inc. (OTCBB:ADVB) announced today that it restated its 2004 and 2005 audited financial statements and its 2006 quarterly unaudited financial statements as follows:

 
[TABLE OMITTED] 

Company President and Chief Executive Officer, Christopher W. Capps said today that "the restatements correct accounting items identified by the Securities and Exchange Commission and, with the oversight of the Company's Audit Committee, we have instituted procedures to avoid such errors in the future."

About Advanced Biotherapy

The Company, a pioneer in anticytokine therapy, has demonstrated the effectiveness of its pioneering ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!