BioForce Nanosciences Holdings, Inc (BFNH.OB) Announces $150,000 in Loan Forgiveness
BioForce Nanosciences Holdings, Inc (BFNH.OB) announced that the company recently received $150,000 in loan forgiveness from the State of Iowa Department of Economic Development. The original loan, acquired in 2005, was primarily granted to help the company with the cost of developing their office in Ames, Iowa. BioForce's facility in Ames, Iowa is currently being utilized for production of the company's molecular printing system. The Ames facility is also used by the company to develop and test new proprietary bionanotechnology applications, including the ViriChip virus detection system and Chip-on-a-Tip ultra-miniaturized diagnostic tests. BioForce's CFO, Greg Brown, stated "We appreciate this…