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Symbol Lookup  Tue, Feb 09, 2010, 9:10am EST - U.S. Markets Open in 0:19hrs
 

(PINKSHEETS: AMSZ) Boosting Shareholder Equity With Share Retirement

Date : 11/04/2009 @ 2:17PM
Source : MarketWire
Stock : IO News Wire (AMSZ)
Quote : 0.01  0.0 (0.00%) @ 7:47AM

 



(PINKSHEETS: AMSZ) Boosting Shareholder Equity With Share Retirement

NEW YORK, NY -- (Marketwire) -- 11/04/09 --

AcuMedSpa Holdings, Inc., (PINKSHEETS: AMSZ) announced yesterday that it has approved the retirement of 230,000,000 shares of common stock inside of the next 30 days

By retiring shares, AcuMedSpa is showing existing shareholders confidence that the company can reach their previously stated goals of $10,000,000.00 in revenue with and EBITDA of +$2,000,000.00 without the common practice of issuing more shares

Today was also the announcement of an agreement with Zerona and Santa Barbara Medical Innovations that allows AcuMedSpa to become the preferred provider of the Zerona Protocol which is a zero pain, non invasive, zero downtime fat removal process. Zerona has been promoted or featured by Leeza Gibbons, Rachael Ray, and the TV show Extra

For more information please visit www.acumedspa.com

Other active stocks are: Medtronic Inc (NYSE: MDT) CONMED Corp (NASDAQ: CNMD) China Biopharma (PINKSHEETS: CHBO)

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails

Contact: Eric Jensen www.ionewswire.com 516.942.4910


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