Monday, November 05, 2007

Vivisectionists Could Face Bancruptcy

Animal rights groups claim Huntingdon vivisectionists would be bancrupt were the UK Government not bailing them out and subsidising the horrific and cruel animal experiments. Many other companies (such as LUSH and even L'Oreal) are putting money into seeking more humane alternatives.

SHAC (Stop Huntington Animal Cruelty) say "HLS (Huntington Life Sciences) remains $100 million in debt, and doesn't even own its buildings. Only 2% of HLS shares are currently being traded, and even then only on an obscure and little used trading scheme, since all the major stock exchanges still refuse to list them. Even the very few companies who recently bought shares in the company, are now getting rid
of their shares just as quickly. Recent large investors who have been added to the long, long list of companies who have stopped dealing with HLS include some of the biggest names in international finance, such as Dresdner/Allianz, Deutche Bank, Rabobank and BNP Paribas."

SHAC allege that "The UK government has repeatedly stepped in and used hundreds of millions of pounds of taxpayers money to bail out HLS. The government now provides banking and insurance facilities for HLS, the only company in the world with access to such priveleges."

See more at www.shac.net/

2 comments:

Liz said...

They could face bankrupcy?Well,I hope they end up begging in the streets for all the poor animals they torture to death!Elizabeth Aldam.

Jackie said...

It would be a bankruptcy celebrated worldwide. How do they live with themselves?