News Focus
News Focus
Followers 9
Posts 1591
Boards Moderated 0
Alias Born 08/13/2009

Re: la izzy post# 51393

Wednesday, 03/23/2011 4:11:17 PM

Wednesday, March 23, 2011 4:11:17 PM

Post# of 53259
Dear Shareholders:
Just a brief update on the DTCC Freeze and our progress:
1. We’ve tried again to work with the DTCC on getting the freeze lifted without having to file the registration.
Our attorney suggested that we do a reverse split as that may help get the freeze lifted. The reason being
that one of his clients had a similar situation and the DTCC lifted their freeze once they completed the
reverse. To me that was not an option, so we moved on" rel="nofollow" target="_blank" >insert-text-here.[/b]


2. We are still working on getting our registration statement filed. There have been some minor road blocks
so it is taking longer than we had hoped that it would. We have been putting our money into getting ReJuv
up and running. We actually pre-pay for our Media, and it has taken the majority of our cash, which has
slowed down the process in getting everybody paid to get registration statement filed. I anticipate getting
it filed by July of 2011. We had to make choices and without a strong business, with revenues, getting the
freeze lifted would be meaningless.
We are working everyday to create value for the Shareholders. I know many are not happy about the time that it
is taking, but we are still in business, and growing every day. We have been through some challenges, but have
worked through them, and will come out ahead.
Once again, we thank you for your continued support.
Sincerely,
Jorge Bravo
President/CEO

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today