MEDITE CANCER DIAGNOSTICS, INC. (OTCMKTS:MDIT) Files An 8-K Bankruptcy or Receivership
Item 1.03 Bankruptcy or Receivership
On December 27, 2018, MEDITE GMBH {“Debtor”), a wholly owned subsidiary of MEDITE Cancer Diagnostics, Inc. (the “Company”), and located in Burgdorf, Germany, filed, as Debtor, a voluntary petition for bankruptcy protection in the District Court, Gifhorn, Germany, Reference Number 35IN221-18. Dr. Immo Hamer v. Valtier has been appointed Trustee in Bankruptcy. The bankruptcy filing is for re-organization and shall be adjudicated under the bankruptcy laws of the Republic of Germany. Most of Debtor’s filings with the Bankruptcy Court will be available at the public offices of the Gifhorn District Court at Amtsgericht Gifhorn, Am Schlossgarten 4, 38518 Gifhorn, Germany or the District Court’s website (https://www.amtsgericht-gifhorn.niedersachsen.de/startseite/). The Debtor nor the Company undertake no obligation to make any further public announcement with respect to the documents filed with the Bankruptcy Court or any matters referred to therein.
About MEDITE CANCER DIAGNOSTICS, INC. (OTCMKTS:MDIT)
MEDITE Cancer Diagnostics, Inc. (MEDITE), formerly CytoCore, Inc., is a medical technology company engaged in the development, engineering, manufacturing and marketing of molecular biomarkers and medical devices and consumables for detection, risk assessment and diagnosis of cancer, precancerous conditions and related diseases. The Company develops, manufactures and sells a range of laboratory devices and consumable supplies for its target market in the histology and cytology cancer diagnostics segment. The Company offers a range of histology laboratory devices for processing tissue, from receiving the tissue in the laboratory to the final diagnosis. The Company offers USE33, an ultrasonic decalcification instrument that runs the process under controlled temperatures. The Company also offers TPC15 Duo or Trio, TES99, TES Valida, M530, A550, M380, TST44 and COT20 linear staining systems. In addition, the Company also offers RCM9000, ACS720 and TWISTER glass and robotic coverslippers.
