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Re: CluelessStockJunkie post# 4728

Monday, 04/05/2010 11:06:06 PM

Monday, April 05, 2010 11:06:06 PM

Post# of 29028
This is exciting. A spa chain? Like a McDonald's of Spa's? I'm lovin it.


In addition to these acquisitions, several larger players in the spa industry continue to approach the company. One such company is a very large international Spa chain that wishes to discuss potential synergies and strategic opportunities with AcuMedSpa. Another is a larger entity that contacted the company about the possibility of European expansion.

Regarding the acquisition updates Mr. Sperber commented, “We are thrilled with the progress of the deals that are currently on the table and we expect to complete them soon and emerge as a stronger and more diverse company. Over the last few months, we have worked diligently to develop new bonds and solidify existing relationships within our industry. Our progress in this area has become evident by the attention we are receiving from some of our larger industry counterparts. Forging these strategic partnerships will allow us to continue along the path to becoming a major player in the Medical Spa business in the United States and beyond.”

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