SOURCE: AcuMedSpa Holdings Inc.

April 16, 2010 10:00 ET

AcuMedSpa Holdings, Inc. Announces It Has Been Upgraded to Current Information Status With OTC Markets, Inc.

TAMARAC, FL--(Marketwire - April 16, 2010) - AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical Aesthetic, Spa and Acupuncture services, is pleased to announce that it has received confirmation from OTC Markets, Inc. that our Initial Company Information and Disclosure Statement has been approved, and we are now considered a fully transparent company as defined by:

Brian Sperber, President of AcuMedSpa stated: "This is another step in our ongoing efforts to become as investor friendly and transparent as possible as we embark on the next stage of our growth and development. It is also one step closer to meeting our goal of becoming a fully reporting and fully audited OTCBB company in as timely a manner possible. This increased transparency and our eventual up listing process, includes much of the initial information provided in these filings to be approved for trading on the OTCBB, and as such it was requested by our attorneys and auditors."

"In addition, we would like to confirm that our treasurer, Greg Antoine, is in Knoxville, TN today meeting with Mr. Xavier Kahn and his executive staff at Sohna and we also expect to have the confirmed closing date for our South Florida acquisition finalized."

"As we work towards all our previously stated objectives and financial goals for this year, it is imperative to all of us at AcuMedSpa Holdings, Inc., that our core investors and the general investing public understand how important it is for us as a company to be as communicative and transparent as possible. These initial steps, along with our commitment to growth without negatively affecting our shareholders equity, have become the mantra of our daily activities and we look forward with a great deal of optimism to delivering new material results over the near term horizon."

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This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcumedSpa Holdings. Inc takes no obligation to update such statements.

Contact Information

  • Contact:
    Brian Sperber