Jan 27 2010
AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), in accordance with its vision to increase shareholder value and confidence, announces that it has completed its Authorized Share reduction from 375,000,000 to 175,000,000. The Outstanding Shares remain unchanged at 127,124,965. AcuMedSpa Holdings would like to reiterate its position that it intends to maintain and increase shareholder value.
AcuMedSpa is also planning on announcing a conference call within the next week. We intend on providing information for the conference call in an upcoming Press Release.
Brian Sperber, President of AcuMedSpa, stated, "This reduction reemphasizes the company's efforts to create shareholder confidence and trust. We do not project any major changes in the company's current share structure for the foreseeable future. We continue to take steps towards our goals for 2010 of $10,000,000.00 in Revenue and an EBITDA of $2,000,000.00. We are looking forward to many positive announcements in the near future."
SOURCE: AcuMedSpa Holdings, Inc.