SOURCE: Health Sciences Group, Inc.

December 02, 2009 11:00 ET

Health Sciences Retires Common Shares

INDIAN HARBOR BEACH, FL--(Marketwire - December 2, 2009) - Health Sciences Group, Inc. (PINKSHEETS: HESG) would like to announce that as of today December 2, 2009 it has officially cancelled (retired) 2 billion shares of common stock. This retirement of shares has come from 500,000,000 shares of Thomas Gaffney's personal shares and 1.5 billion shares that the Company set aside for the acquisition of Modus Health Care that never closed.


Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website,, and health focused publications. The Health Sciences network consists of its public website,, 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.


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 Information

  • By Staff
    Health Sciences Group, Inc.

    Thomas Gaffney
    President and CEO
    (321) 604-1451
    Email Contact