SOURCE: MedSpas of America, Inc.

June 05, 2007 10:00 ET

MedSpas of America Announces New Trading Symbol MEDP

ATLANTA, GA--(Marketwire - June 5, 2007) - MedSpas of America, Inc. (PINKSHEETS: MEDP), www.medspasofamerica.com, today announced at opening of the market on June 5, 2007, the Company has effected a 2000 for 1 reverse stock split of all the issued and outstanding stock of the Company and a symbol change from MDSP to MEDP. No fractional shares will be issued, thus the Company will round up to the nearest whole share any fraction of a share that any shareholder would otherwise receive. The reverse stock split will assist the Company in its quest to attract potential new investors as it continues towards its future growth strategy.

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Such statements are subject to risks and uncertainties and other factors as may be discussed from time to time in the Company's public filings with the U.S. Securities and Exchange Commission ("Commission"), press releases and verbal statements that may be made by our officers, directors or employees acting on our behalf which could cause actual results to differ materially from those discussed in the forward looking statements and from historical results of operations. In addition to statements, which explicitly describe such risks and uncertainties, statements with the terms "believes," "belief," "expects," "plans," "anticipates" and similar statements should be considered uncertain and forward-looking. Factors that might cause such a difference include, without limitation: the uncertainty of the Company's ability to meet capital needs and as further set forth in our public filings filed with the Commission and our press releases.

Contact Information

  • Investor Contact Information:
    Rich Kaiser
    Investor Relations
    YES INTERNATIONAL
    800-631-8127