This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

CalciTech AGM And Board Appointment

CalciTech Ltd. (OTCBB: CLKTF) announces that its Annual General Meeting for the year ended December 31, 2010 was held in Bermuda on 22 nd May. Notice of the meeting together the proxy was mailed to shareholders at the record date of April 20, 2012 on or about May 7. In excess of 52% of the shareholders of the Company voted at the meeting and overwhelmingly approved all the resolutions put forward.

All directors standing for re-election were approved including John O’Kelly-Lynch who was recently appointed as a non-executive director. John, a Fellow of the Institute of Chartered Accountants in Ireland, joined a private shipping and venture capital group in 1984 as CFO. During the 80s and 90s he was actively involved in many US based venture capital projects and over the years has served in senior finance related roles for various international shipping and oil companies before forming Delphi Management Ltd. in Bermuda in 1997. John sits on the board of the funds that are managed by Delphi and also holds directorships' in various investment holding, and publicly listed companies in Bermuda. He is former Chairman of the Bermuda Shipping Association and a Board Member of the Association of Bermuda International Companies.

In connection with his appointment Mr. O’Kelly-Lynch was granted a stock option to purchase 250,000 ordinary shares at an exercise price of USD 0.095 per share.

Roger Leopard, CEO of CalciTech commented, “I am delighted that John’s appointment has been confirmed, as I believe his experience in the international business world, his residency in Bermuda and considerable experience in the US, will be of great benefit to the Company”.

Please note that shares of the Company continue to trade on the Pink Sheets ( www.otcmarkets.com) under the symbol of CLKTF whilst we are seeking to relist on the OTCQB segment of the OTC Bulletin Board.

About CalciTech Ltd:

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs