VERY IMPORTANT NEWS --- 11-17-2009. CHAT ABOUT FORMING NEW COMPANY. AND POSSIBLE SPIN OFF. http://www.globenewswire.com/newsroom/news.html?d=178604 Source: Health Sciences Group, Inc. Health Sciences Quest - Medical Marijuana INDIAN HARBOUR BEACH, Fla., Nov. 17, 2009 (GLOBE NEWSWIRE) -- Health Sciences Group, Inc. (Pink Sheets:HESG) would like to announce that it has retained its attorney Robert Young to investigate the necessary steps to legally obtain licensing care giving and growing of Medical Marijuana in the State of California. One of which is forming a non-profit organization.
In addition, the Company has been in preliminary negotiations with a dispensary in Billings, Montana. Montana happens to be the only state where a care giver can profit.
Thomas Gaffney, President and CEO of Health Sciences Group, Inc., states, "Let me be clear. Number one we are in pursuit of getting into the legal medical marijuana business in either or all of California, Colorado and Montana. Montana happens to be the only state in the country at the time whereby care givers can profit from their operations. However, the company can derive profits from providing management and accounting agreements for dispensaries in any of the states where medical marijuana is legal. Furthermore, we believe that getting into the business on the ground floor will give us a leg up when the different states legalize the use of marijuana for medical purposes altogether. There are currently 14 states in total; we are investigating legalities. From a corporate stance we are considering forming a subsidiary that we might eventually spin-off. However this is all preliminary and just strategizing in nature."
We would appreciate any shareholders opinion at info@igohealthy.org
ABOUT HEALTH SCIENCES GROUP, INC.
Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website www.igohealthy.org and health focused publications. The Health Sciences network consists of its public website www.igohealthy.org and iGoHealthy Magazine. The Company operates in three segments: Online Services, Publishing and Other Services. The Company is recently exploring options of corporate growth within the Legal Medical Marijuana Industry.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Health Sciences Group, Inc. to be materially different from the statements made herein.
CONTACT: Health Sciences Group, Inc. Thomas Gaffney, President and CEO (321) 604-1451
Authorized Shares 5,000,000,000 as of Mar 9, 2009 Outstanding Shares 2,200,000,000 as of Mar 9, 2009 Holders of Record 187 as of Dec 8, 2008 Float 600,000,000 as of Mar 9, 2009
Transfer Agent Transfer Online 317 SW Alder Street Portland, OR 97204
Health Sciences Group Pursuing Medical Marijuana GlobeNewswire(Wed, Nov 11)Health Sciences Group, Inc. Locks in Consulting Agreement With Medical Marijuana, Inc. GlobeNewswire(Tue, Nov 3)
Health Sciences Group Engages Into Conversation With Medical Marijuana, Inc. About Consulting / Co-R&D Venture GlobeNewswire(Thu, Oct 29)
Health Sciences Group Appoints Dr. Fred Aserati, Ph.D as Vice President of Business Development to Explore Acquisitions of Medical Marijuana Companies and Partnerships -- Company Update GlobeNewswire(Mon, Oct 26)
////////////////////////////////////////////////////////// ** HESG Video Chart 11/12/09 **
First time in a long time the price was able to close at $.0004... combine that with the above average volume, and we may possibly have a mover on our hands? Only time will tell...
Posted by: ClayTrader Date: Tuesday, November 17, 2009 5:28:36 PM In reply to: None Post # of 16583
** HESG Video Chart 11/17/09 **
Stock did over a million dollars worth of volume today... can you lay 'liquidity'?... $.0014 continues to be the resistance that the bulls need to get a close over... overall, chart is looking strong...
http://finance.yahoo.com/q?s=HESG.PK&.yficrumb=HYAnG3KGvpn news; HeadlinesFilterHeadlines Health Sciences Group, Inc. Locks in Consulting Agreement With Medical Marijuana, Inc. GlobeNewswire(Tue, Nov 3)Health Sciences Group Engages Into Conversation With Medical Marijuana, Inc. About Consulting / Co-R&D Venture GlobeNewswire(Thu, Oct 29)Health Sciences Group Appoints Dr. Fred Aserati, Ph.D as Vice President of Business Development to Explore Acquisitions of Medical Marijuana Companies and Partnerships -- Company Update GlobeNewswire(Mon, Oct 26)HEALTH SCIENCES GROUP INC Files SEC form 8-K, Other Events EDGAR Online(Tue, Oct 20)Health Sciences to Change Corporate Name and Form a Holding Company GlobeNewswire(Tue, Mar 10)
Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website http://www.igohealthy.org and health focused publications. The Health Sciences network consists of its public website http://www.igohealthy.org and iGoHealthy Magazine. The Company operates in three segments: Online Services, Publishing and Other Services.
Authorized Shares 5,000,000,000 as of Mar 9, 2009 Outstanding Shares 2,200,000,000 as of Mar 9, 2009 Holders of Record 187 as of Dec 8, 2008 Float 600,000,000 as of Mar 9, 2009
Transfer Agent Transfer Online 317 SW Alder Street Portland, OR 97204
TA Template: 07/22/2009---RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB COLOR BLIND.