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StockGuru Blog: Tasco Holdings International Rated ‘Outperform,’ Target $6.00 by Beacon Equity Research

Tasco Holdings International (OTCBB: THII) has been rated “Outperform” with a target price of $6.00 by Beacon Equity Senior Research Analyst, Kris Goldcross, CFA. The full report is available at http://www.BeaconEquityResearch.com

In the report Mr. Goldcross writes, “The Company is engaged in the cryogenic storage of non-controversial stem cells and the development of medical devices used in live tissue transfer and stem cell research. Additionally, the Company has developed 192 disposable instruments for use in plastic surgery, tissue management and stem cell research. The company plans to commercialize these instruments to plastic surgeons and patients to efficiently help store stem cells.

“Since currently the company has significant exposure in the stem cell banking operations, we have compared the market value of Tasco with other major operators in the industry including Cord Blood America (OTCBB: CBAI); Viacell, Inc. (Nasdaq: VIAC); StemCells, Inc. (Nasdaq: STEM); Aastrom Biosciences, Inc. (Nasdaq: ASTM); Geron Corporation; Regeneration Technologies; Cryo-Cell International, Inc.; and Thermogenics, Corp.”

About Tasco Holdings Inc.

Tasco Holdings Inc. recently purchased Bio-Matrix Scientific Group Inc. (www.BMXGonline.com), a biotech research and development Company that commercializes medical devices and monitoring systems for the growing, worldwide stem cell research market.

The Company aligns itself with strategic partners that offer key technologies in biomedical device development, tissue engineering, cell culturing, genome therapy and drug delivery systems to become a leading source for stem cell research technology and innovation and is building a state-of-the-art facility in San Diego, California, to cater to the growing stem cell research segment of the $75 billion biotechnology and medical device industry.

Source:

Beacon Equity Research – http://www.BeaconEquityResearch.com

Safe Harbor Provision: This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include “…will also allow us to expand the market for the Ginger Kelly Collection beyond North America, thereby greatly increasing shareholder value” and are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Risk factors include, lack of inventory financing, foreign currency fluctuations, availability of product, uncertainty concerning market acceptance of its products, competition and other risk factors as outlined in the Company’s SEC filings.

Forward Looking Statement: The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward- looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

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Tasco Holdings International:
Bio-Matrix Scientific Group Inc
David Koos, 619-398-3517

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