SHAC | 15.05.2009 11:19
HLS are now (once again) in breach of their listing standards on the NYSE ARCA, as their market value is now $10.9 million instead of the required $15 million, so please contact firstname.lastname@example.org and urge them to kick LSR off once and for all.
Thanks to everyone who helped take us another step closer to the closure of HLS, and once again we prove that this campaign is unstoppable.
As well as Barclays; Hartford Investment Management Company, Rice Hall James and Associates LLC and BNY Mellon have all sold up their stakes in HLS.
HLS are £72 million in debt, their 1st quarter revenue for 2009 is down 24% from 2008
"Revenue levels are down from last year and the outlook remains uncertain" - Brain Cass (HLS' Managing Director) - 2009.
Lets make sure it stays that way and smash HLS for good!
Huntingdon Life Sciences (HLS) are the largest contract testing laboratory in Europe. They have about 70,000 animals on site, including rabbits, cats, hamsters, dogs, guinea-pigs, birds and monkeys. These animals are destined to suffer and die in cruel, useless experiments.
HLS will test anything for anybody. They carry out experiments which involve poisoning animals with household products, pesticides, drugs, herbicides, food colourings and additives, sweeteners and genetically modified organisms. Every three minutes an animal dies inside Huntingdon totaling 500 innocent lives every single day.
Huntingdon Life Sciences is the most exposed laboratory in the world. In recent years they have been infiltrated and exposed at least seven separate times for disgusting animal cruelty and rule breaking. Each time horrific evidence of animal abuse and staff incompetence has been uncovered, including workers punching beagle puppies in the face.
So the threat of AR meant that BlackRock put pressure on Barclays to clear HLS off it's books before it will consider a takeover.
BGI made a loss on the deal however the loss is really quite insignifficant when compared to BGI's size. Managers didn't have a clue they had bought HLS shares howevr it was senoir management that decreed tey should be sold
It's fairly common knowledge in financial circles.