Halberd Corporation 2022 Year End CEO Letter and 2023 Goals

Rhea-AI Summary

Halberd Corporation (OTC PINK:HALB) made significant strides in the second half of 2022, including a 44.4% enhancement in COVID-19 antibody effectiveness and the establishment of Halberd Cancer Therapeutics, LTD. The company demonstrated control over PD-1, a key cancer protein, and formed strategic alliances to develop longevity treatments. Halberd's monoclonal antibody showed efficacy against antibiotic-resistant bacteria. The firm aims to restore compliance with SEC filing and is pursuing government contracts. Leadership focuses on R&D to secure future partnerships with Big Pharma.

Positive

• Halberd's monoclonal antibody enhances COVID-19 treatment effectiveness by 44.4%.
• Formation of a cancer therapeutics subsidiary broadens research capabilities.
• Successful control of PD-1 protein could strengthen cancer treatments.
• Alliances with other biotech firms aim to develop longevity and Alzheimer's treatments.
• Demonstrated removal of inflammatory IL-6 from blood serum.
• Agreement with Hamden Group for worldwide distribution of proprietary products.
• Positive peer-reviewed publication supports Halberd's COVID research.
• Plans to restore SEC compliance could improve investor confidence.

Negative

• None.

Profound Advancements Explained

JACKSON CENTER, PA / ACCESSWIRE / January 3, 2023 / Halberd Corporation (OTC PINK:HALB) The second half of 2022 was a very busy time.

2022 2^nd HALF ACHIEVEMENTS

• Halberd's previous research on development of a monoclonal antibody (mAb) against COVID-19 (SARS-COV-2) was found to enhance the effectiveness of the leading commercial COVID antibody by 44.4%.
• Halberd formed a Cancer Therapeutics Subsidiary, Halberd Cancer Therapeutics, LTD, to allow cancer treatment research to continue in parallel and synergistically with Halberd's work on the development of treatments for neurodegenerative diseases. Halberd's base extracorporeal technology is flexible enough to treat numerous diseases through tailoring of designed antibodies. The subsidiary's mission is to develop treatments for various types of cancer utilizing the combined patented and patent-pending technology of both Halberd Corporation, and Halberd Cancer Therapeutics, LTD.
• Carl Eller, the President of the NFL Retired Player's Association issued an open letter endorsing Halberd's efforts in its research into effective treatments for Traumatic Brain Injury (TBI) and Chronic Traumatic Encephalopathy (CTE), which affects many former and current professional athletes, particularly professional football players.
• Halberd was able to demonstrate precise control of a key Cancer related T-Cell protein, PD-1 (programmed cell death-1). PD-1 can be used by tumor cells to fool the body's immune system into allowing the tumor to grow. Precise control of PD-1 levels can allow the body's immune system to attack and eliminate the tumor.
• Halberd entered a strategic alliance with AI Longevity, Inc. and Stem of Hope as a wholly owned subsidiary of Halberd Corporation named "Extendalife^TM." The mission of this subsidiary is to develop treatments intended to increase longevity and develop successful Alzheimer's Disease and Cancer treatments using the combined patented and patent-pending technologies of the alliance member companies.
• Halberd's researchers successfully demonstrated the removal of Interleukin-6 (IL-6) from human blood serum during in-vitro laboratory studies. Excess IL-6 is associated with inflammation in rheumatoid arthritis, MS, some cancers and neurodegenerative diseases. Halberd had earlier demonstrated its ability to precisely control the levels of target antigens present in bodily fluid.
• Halberd created a single designed monoclonal antibody which has demonstrated the ability to eradicate multiple antibiotic resistant bacteria from buffer solution in the laboratory. The antibody, with a strong affinity to E. coli and similar bacteria, was conjoined to a metallic nanoparticle and exposed to laser emissive energy. The exposed bacteria were eliminated in a matter of minutes.
• Halberd's in-vitro laboratory tests successfully demonstrated eradication of five identified cancer disease antigens -- CTLA-4, PD-1, PDL-1, IL-6, and TNF-Alpha -- through the use of laser emissive energy, similar to how antibiotic-resistant bacteria were eliminated.
• Halberd reached an agreement with the Hamden Group, a newly formed corporation which consists of members of the Peter Croden family and Darren Hamans. Peter Croden was the former president of Upjohn Corp, Canada, and Upjohn, Europe. Hamden will have worldwide exclusive rights to sell, market and distribute the Halberd patented low dose Naltrexone medication, and the Halberd proprietary Vita-Shield-Max^TM nutraceutical product.
• Halberd's COVID research led to the publication of a peer reviewed scientific article titled, "A Novel Plant-Made Monoclonal Antibody Enhances the Synergetic Potency of an Antibody Cocktail Against The SARS-Cov-2 Omicron Variant." The article is available on-line.
• Halberd's CEO, William A. Hartman, and CTO, Dr. Mitchell S. Felder, in an October "The Street Reports" podcast, discussed Halberd's groundbreaking accomplishments utilizing its extracorporeal technology in treating major diseases which heretofore had been regarded as incurable. In December, Hartman and Felder again participated in a "The Street Reports" podcast to discuss Halberd's success in eradicating major Cancer disease antigens.
• Halberd researchers recently requested and received from the CDC (Centers for Disease Control and Prevention) an array of antibiotic-resistant bacteria (ARB) for testing Halberd's laser eradication technology which had successfully eradicated numerous Gram-Negative bacteria in prior experimentation.
• Halberd prepared a Form 15 for filing with the SEC to restore Halberd as a compliant, up-to-date, fully reporting company. This action should lead to the near term removal of the YIELD sign from the HALB stock symbol on the OTC Markets site.
• We have engaged with a Congressional Representative from Pennsylvania seeking his support in exposing Halberd's technology for the treatment of Traumatic Brain Injury (TBI) and suicide ideation to various government agencies, such as DARPA (Defense Advanced Research Projects Agency). DARPA has already reviewed preliminary material and has shown interest in receiving additional information. Follow-up will proceed in Q1-2023.

THE LOOK AHEAD

• Halberd is finalizing the arrangements with Mississippi State University to develop and conduct an animal testing protocol for Halberd's patent-pending nasal spray to safely counteract the effects of Traumatic Brain Injury.
• Halberd has the option to consider loans to complete the required audits and the QB up-list. However, Halberd's Articles of Incorporation preclude the issuance of any convertible promissory notes, convertible preferred stock or other convertible instruments. Halberd has chosen to remain as "OTC Markets Pink Sheets" for the near-term.
• Halberd is about to embark on a huge previously unannounced expansion of its capability to eradicate multiple antibiotic-resistant bacteria with a single proprietary antibody. While that will require a major focus by Halberd, it offers the largest potential short-term payback to the company and its stockholders.
• Halberd's goal has always been to either secure a significant government contract or partner with Big Pharma, because it did not have the huge quantity of funds necessary to secure FDA approval for its products or processes.
• Government contracts and Big Pharma are not concerned with a company's stock exchange listing; they are focused on the content of the technology being evaluated. With each accomplishment, Halberd moves closer to finalizing a potential government contract and suitable terms for an agreement with Big Pharma.
• Leadership is about making tough decisions using the facts to obtain optimum results. Halberd believes that its interests are best served for the short-term by investing its available resources to advance our technology through R&D and put Halberd in a better position to secure a potential government contract and/or a relationship with Big Pharma.

SUMMARY

Halberd management has guided the company thus far to achieve technological advancements beyond those of Big Pharma. Halberd's success was demonstrated by way of publication of the peer-reviewed journal article and recent press release concerning Halberd's successful development of a monoclonal antibody (mAb) against Covid and Halberd's single antibody which has been shown effective against multiple antibiotic-resistant bacteria. We believe that our decision to focus on R&D is right for both the short- and long-term interests of the company and its stockholders.

We believe in our mission to create and develop safe and effective treatments against many previously perceived incurable diseases and continue to make progress towards achieving that goal.

We appreciate the efforts of our expanding team of research scientists, and the support of our stockholders. We will continue to maintain transparency and regular communication with our family of interested parties.

Sincerely,

William A. Hartman
Chairman, President & CEO
HALBERD CORPORATION
w.hartman@halberdcorporation.com
support@halberdcorporation.com
www.halberdcorporation.com
Twitter:@HalberdC

About Halberd Corporation.

Halberd Corporation (the "Company") is an innovative biotech company focused on developing treatments through its acquired exclusive licenses, patents, and provisional patent applications for illnesses including and limited to; PTSD, CTE, cancer, blood-borne, and cerebrospinal fluid related diseases. To learn more, please visit https://halberdcorporation.com.

Halberd has obtained exclusive worldwide rights to three issued patents and has filed 21 related provisional, PCT, or utility patent applications to enhance its value to its stockholders and to attract the interests of potential development partners.

Safe Harbor Notice

Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.

SOURCE: Halberd Corporation

View source version on accesswire.com:
https://www.accesswire.com/733750/Halberd-Corporation-2022-Year-End-CEO-Letter-and-2023-Goals

FAQ

What achievements did Halberd Corporation report for the second half of 2022?

Halberd reported advancements including a 44.4% enhancement in COVID-19 antibody effectiveness, formation of a cancer therapeutics subsidiary, and successful control of the PD-1 protein, among others.

How is Halberd Corporation addressing antibiotic-resistant bacteria?

Halberd developed a monoclonal antibody effective against antibiotic-resistant bacteria, which was demonstrated in laboratory tests.

What is the strategic alliance formed by Halberd Corporation?

Halberd formed an alliance with AI Longevity, Inc. and Stem of Hope to develop treatments for longevity and Alzheimer's Disease.

How does Halberd Corporation plan to restore its reporting status with the SEC?

Halberd has prepared a Form 15 for filing with the SEC to restore its compliance and possibly remove the YIELD sign from the HALB stock symbol.

What future plans does Halberd have concerning government contracts?

Halberd aims to secure significant government contracts and is in discussions with lawmakers to promote its technology for Traumatic Brain Injury and suicide ideation.