AcuMedSpa Holdings, Inc. Announces the Completion of Reduction of the Authorized Shares by 200,000,000 From 375,000,000 to 175,0
January 27 2010 - 7:00AM
Marketwired
AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), in accordance with its
vision to increase shareholder value and confidence, announces that
it has completed its Authorized Share reduction from 375,000,000 to
175,000,000. The Outstanding Shares remain unchanged at
127,124,965. AcuMedSpa Holdings would like to reiterate its
position that it intends to maintain and increase shareholder
value.
AcuMedSpa is also planning on announcing a conference call
within the next week. We intend on providing information for the
conference call in an upcoming Press Release.
Brian Sperber, President of AcuMedSpa, stated, "This reduction
reemphasizes the company's efforts to create shareholder confidence
and trust. We do not project any major changes in the company's
current share structure for the foreseeable future. We continue to
take steps towards our goals for 2010 of $10,000,000.00 in Revenue
and an EBITDA of $2,000,000.00. We are looking forward to many
positive announcements in the near future."
For further info please visit our website www.acumedspa.com
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements as a result of
various factors, and other risks. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements. The forward-looking
statements in this release are made as of the date hereof and
AcuMedSpa Holdings, Inc. takes no obligation to update such
statements.
Contacts: Brian Sperber 305-746-9897