Replies to post #22338 on Health Sciences Group Inc (HESG)

[tommy 9 fingers]

Neo,

Here we go questioned answered from http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=5093781-1036-6045&type=sect&TabIndex=2&companyid=81543&ppu=%252fdefault.aspx%253fcik%253d1127696
ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

Pursuant to Section 14.2(c) of the Agreement and Plan of Reorganization dated January 17, 2007 between Health Sciences Group, Inc. (the “Corporation”) and its newly formed wholly owned subsidiary, Kalahari, Inc., a Delaware corporation formed for the purpose of acquiring the business and assets of Kalahari Limited, a Georgia corporation (the “Agreement”), Health Sciences Group is required to provide a minimum of $1,000,000 to Kalahari, Inc. (DE) as a condition to Closing by March 31, 2007. The Corporation was unable to meet this Closing condition prior to March 31, 2007. As a result, the Agreement has been terminated.


ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

Due to the Corporation’s inability to close on the Kalahari acquisition by March 31, 2007, Mr. Stuart Gold tendered his resignation as Chief Executive Officer of Health Sciences Group, Inc. and Kalahari, Inc. (DE), effective as of February 16, 2007. Mr. Gold’s resignation was due to the Corporation's inability to successfully acquire the business and assets of Kalahari, Ltd. and was not due to a disagreement with the Corporation on any matter relating to its operations, policies or practices.

[tommy 9 fingers]

Hey Neo

Just looking at company management what do you think of this guy HESG hired this year?

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

On February 9, Health Sciences Group is proud to announce the addition of Anthony DeBella to its Board of Directors. In addition Mr. DeBella will be spearheading the Company’s Audit Committee which will be working on bringing the Company current in its SEC filings and striving to become current with Pink Sheets with the objective of moving back up to the OTCBB.

Mr. Anthony DeBella has an impressive career as an entrepreneur having founded and operating several public Internet entertainment based businesses. Mr. DeBella is fluent in public company operations, compliance and finance. From 1994- 1997 Anthony was an Investment Executive (Series 7 Broker) at PaineWebber and completed the PaineWebber executive training Program. In 1998, Anthony was part of the team that developed WEBPay-Per-View.com, a music and entertainment website and theatre. In 1999 Anthony was part of the team that took WEBPay-Per-View public. In addition, 2001-2005 Anthony served as a corporate consultant, consulting in capital offerings, public relations, investor relations, mergers, acquisitions and 15c-211 and Edgar filings. Since 2005 Mr. DeBella has been working as a private Investment Banker, he has completed over $300 million in M&A transactions with large Private Equity Groups & Public Companies. Anthony DeBella graduated from the Wharton School of Business.