InvestorsHub Logo
Followers 37
Posts 4358
Boards Moderated 0
Alias Born 12/18/2007

Re: None

Wednesday, 04/21/2010 3:41:37 PM

Wednesday, April 21, 2010 3:41:37 PM

Post# of 2342727
AMSZ - AcuMedSpa Holdings, Inc. Announces Intention to Immediately Retire 30 Million Outstanding and 25 Million Authorized Shares
On Wednesday April 21, 2010, 9:10 am EDT

TAMARAC, FL--(Marketwire - 04/21/10) - AcuMedSpa Holdings, Inc. (Pinksheets:AMSZ - News), a provider of Medical Aesthetic, Spa and Acupuncture services, announces that the Board of Directors of AcuMedSpa, Inc. have decided that it would be in the best interest of the company and its shareholders to further reduce the Outstanding by 30 million shares and the Authorized by 25 million shares. Both of these share reductions have already been initiated and management expects these reductions to become effective in a timely manner.

AcuMedSpa's priority is to continue increasing transparency to its investors and as such Brian Sperber, President of AcuMedSpa, stated, "It is our intention to always work for the best interest of the overall company and instill a strong sense of shareholder value moving forward as we embark on our next era of growth. At no time has this management team ever thought of the interests of a single person over the entirety of the company or its well being. We hope that with our continued efforts we can begin to clarify that our stance on non dilution is real and that we will not allow anything to distract or deter us from forging ahead with our shareholders' best interests always at the forefront of our now maturing core business model."

http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-2924704250.html?x=0&.v=1


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.