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Published on 4/9/2009 in the Prospect News Special Situations Daily.

Quigley shareholder nominates seven to replace board of directors

By Lisa Kerner

Charlotte, N.C., April 9 - Quigley Corp. shareholder Ted Karkus filed a preliminary proxy statement with the Securities and Exchange Commission nominating independent directors to replace the company's entire board of directors at the annual meeting on May 12.

Karkus, a managing member of Forrester Financial, LLC, is nominating himself and:

• Mark Burnett, executive vice president and chief financial officer of MercBloc, LLC;

• John DeShazo, chief executive officer of FBN Construction Co., Inc.;

• Mark Frank, president of a division of GSW Worldwide;

• Louis Gleckel, M.D., co-founder of ProHealth Care Associates;

• Mark Leventhal, former general partner of Beacon Cos., LLP; and

• James McCubbin, EVP and CFO of WidePoint Corp.

Karkus said the Altman Group is assisting in the solicitation of proxies.

Quigley, based in Doylestown, Pa., manufactures and distributes homeopathic and health products in the United States.


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