Freehold, NJ – January 23, 2015 – MEDIFIRST SOLUTIONS, INC. (OTCQB: MFST) would like to take this opportunity to update shareholders on its recent acquisition. Medifirst Solutions is pleased to announce that it has acquired Dr. Park Avenue, a New Jersey based medical practice that specializes in anti-aging, minimal and non-invasive cosmetic procedures and facial and body enhancements. The practice, headed by its Medical Director Dr. Paul Fondacaro, has been in business for six years. Dr. Park Avenue has also developed a business model and brand that includes a licensing and business development division for spin-off and affiliate business ventures.
Commented CEO Bruce Schoengood, “This acquisition provides a wealth of benefits for Medifirst Solutions. In addition to an immediate positive financial impact, the acquisition expedites our expansion with our current anti-aging laser technology and Time Machine Program and provides a great synergy between both companies. Having Dr. Fondacaro join our team and work with our current Chief Medical Officer Dr. Ronald Rubin and our FDA Consulting Group will be of great value as we complete and file for FDA 510(k) approval for our unique laser system.” Dr. Park Avenue has locations in Hoboken and Brick with it’s main office located in the affluent community of Franklin Lakes NJ.
I assume the O/S is safe after all. Or that positive impact was to give the Company the ability to dump shares.