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Press Release:11/4/09: -[
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Connectyx Technologies Holdings Group, Inc. Increases Margins 87% and Reduces
Expenses by 10% for the YTD 2009 Versus YTD 2008
..Company Posts Unaudited Financials on Pink Sheets
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Connectyx Technologies Holdings Group, Inc. (Other
OTC:CTYX.PK - News) announced that the Company has posted its unaudited financial statement for the third quarter of 2009
on Pink Sheets. The Company decreased its net loss by approximately $100,000 for the YTD 2009 as compared to the YTD 2008
despite a decrease in Revenues of $29,883. This is because Connectyx was able to reduce its expenses by nearly$ 60,000 while
increasing its gross margin to 87% from the 64% gross margin it had for the same period in the previous year. The Company
continues to decrease expenses for the first three quarters of 2009 as compared to 2008.
Connectyx posted revenues for all of 2008 of $322,067 and through the third Quarter of 2009, $246,140. Based upon these
figures the Company expects to exceed 2008 revenues. This along with the decrease of Selling and Administrative Expenses and
the increase in profit margin should allow the Company to breakeven in the first half of 2010.
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