SE Concepts Successfully Conducts First Shareholder Conference Call of 2011
March 11 2011 - 8:25AM
Marketwired
Simulated Environment Concepts (PINKSHEETS: SMEV), the manufacturer
and developer of medical, aesthetic, weight loss, wellness, and
slimming equipment, successfully conducted its first shareholder
conference of 2011, making some key and exciting announcements
while providing greater transparency, and offering full disclosure.
"This was indeed an exciting conference call," stated, Dr. Ella
Frenkel, President & CEO of Simulated Environment Concepts (SE
Concepts). "It was a welcomed opportunity to speak directly with
our shareholders; offering insights into our company they may not
have had otherwise. It was a liberating feeling and we certainly
intend to have additional calls in the future."
The call was headed by Dr. Frenkel and she was joined by SE
Concepts' Chief Operating Officer, Mr. Allen Licht. The two
executives appeared to gracefully paint a picture of the company's
past, present and future expectations of both the company and its
flagship product, the SpaCapsule; offering clarity on subjects that
at times were sensitive, critical and exciting.
SE Concepts announced the formal engagement of a certified
accounting/audit firm that specializes in work with publicly traded
companies. Malone-Bailey, LLP, with offices in Houston and New York
will conduct an audit of the company -- with the full expectations
of filing with the SEC by May 15th, 2011 -- to obtain Fully
Reporting status and uplisting to a higher exchange.
The company also announced that it is currently in talks with
professionals within both the medical and fitness communities to
develop co-branding partnerships that would expedite explosive
sales growth amongst Physical Therapy Centers and Fitness
Franchises. The company anticipates that some of the first
co-branding relationships may be finalized as early as the 2nd
quarter. The company also revealed a long-term strategy to develop
its own brand of franchise, stating that they anticipate having an
expert franchise operator on board by or within the 3rd
quarter.
"We've filed our FDA application as intended, we identified the
California research firm covering our company, and spoke about our
current and future fundraising plans. I do believe that on this
call, we gave our shareholders full accountability which is exactly
what they should want from the management of a pink sheet company,"
Dr. Frenkel concluded.
People close to the company applaud management's candor.
Covering many sensitive topics such as the capitalization structure
of the company (including authorized shares), dilution and
convertible debt funding, the company demonstrated a sense of
honesty and transparency that speaks to the management's desire to
build a successful public company with the full support of its
shareholders.
The company does anticipate hosting another shareholder
conference call shortly after the audit is completed.
For those who missed the actual call, you can find the live
webcast media file at: www.investorcalendar.com/IC/CEPage.asp?ID=163687.
(Available until March 9th, 2012)
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (PINKSHEETS:
SMEV) is an industry leading manufacturer and developer of cutting
edge medical, health and wellness equipment promoting relaxation,
physical rehabilitation, weight loss, slimming and cellulite
reduction.
SE Concepts was established in 2000 by doctors dedicated to
advancements in medical technology and aesthetics. Its flagship
product, SpaCapsule®, which is currently distributed in over 37
countries, is a robotic massage therapy system used for medical
rehabilitation, relaxation, weight loss, slimming, cellulite
management and general wellness.
For more information on SE Concepts, SpaCapsule®, PTjetCapsule™
and Celude Laboratories™ products you can visit the company's
product website at www.spacapsule.com, the corporate website at
www.seccorporation.com, the corporate blog at
http://www.spacapsule.wordpress.com, facebook at
http://www.facebook.com/SpaCapsule or request more information via
email at ir@spacapsule.com, or call at (888) 757-0797 or (305)
651-9200.
Contact: Simulated Environment Concepts Allen Licht Investor
Relations Department (888) 757-0797
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