Replies to post #12685 on $tacks Upon $tacks Of Moolah (STAX)

[machiavelli01]

capt nbeu news: National Beauty Corp Announces Restructuring Of Outstanding Shares
PR Newswire, Monday, June 23, 2003 at 16:18



FT. LAUDERDALE, Fla., June 23 /PRNewswire-FirstCall/--
National Beauty Corp (BB:NBEU - News) Management announced
today, approximately 15 million shares, previously stated as issued and
outstanding have been returned to the treasury. The returned shares had been
part of a 30 million share block placed in escrow during fourth quarter 2002,
in conjunction with a equity financial transaction, that was terminated in May
2003. It was further announced that an additional 2 1/2 million shares owned
by corporate officers, have been retired to the Treasury. As of this date the
issued and outstanding shares for National Beauty Corp remain at approximately
18 million shares. Further information may be obtained in the next quarterly
filing 10Q.


ABOUT NATIONAL BEAUTY CORP:


The company through its subsidiaries, Hairmax of Nevada and Hairmax of
Florida Inc. continue to develop and operate the HAIRMAX concept, a provider
of haircare services, offered to the public at discounted prices, at select
shopping locations, in addition the company distributes the Hairmax brand of
haircare products, sold exclusively at HAIRMAX locations in Florida and
Nevada.

Edward A. Roth
President
[phone]x105

Michael Bongiovanni
Chief Financial Officer.
[phone]x102

www.nationalbeauty.cc

email:

[e-mail]



This press release may include statements that constitute " forward
looking" statements usually containing the words "plans" "expects" "believes"
"projects" "intends" or similar expressions. Forward-looking statements
involve risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. The risks and uncertainties
are detailed from time to time in reports filed by the company, with the
Securities and Exchange Commission, including forms 8k, 10sb, and 10-ksb.
These risks and uncertainties include, but are not limited to the following:
Company's limited working capital, competitive nature of hair services,
consumer spending habits, legal and economic uncertainties, and changes in
consumer shopping trends and or availability of financing.

SOURCE National Beauty Corp
-0- 06/23/2003
/CONTACT: Edward A. Roth, President, [phone], x105; or Michael
Bongiovanni, Chief Financial Officer, [phone], x102,

[e-mail]

, both of National Beauty Corp /
/Web site:

http://www.nationalbeauty.cc/