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EXHIBIT 20.02
PRESS RELEASE
IMMUNOTECHNOLOGY CORPORATION ANNOUNCES TERMINATION OF NEGOTIATIONS TO ACQUIRE
BEVERLY HILLS AUCTIONEERS, INC.
BEVERLY HILLS, Calif., Sept. 13 /PRNewswire/ -- Immunotechnology Corporation
("Immuno") (OTC Bulletin Board: IMNT - news) today announced the termination
of its unproductive negotiations to acquire 100% of the outstanding common
stock of Beverly Hills Auctioneers, Inc. ("BHA"). On June 28, 2000, Immuno
announced the signing of a Letter of Intent outlining the proposed terms of an
acquisition, subject to the execution of a definitive agreement. However,
negotiations on the terms of the definitive agreement broke down and no
agreement was reached.
SOURCE: Immunotechnology Corporation
