This is topic MGEN on the move .008 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by doling2005 on :
 
HUGE volume http://finance.yahoo.com/q/bc?s=MGEN.OB&t=5d
 
Posted by doling2005 on :
 
over 11 million..what's driving this anyone?
 
Posted by doling2005 on :
 
over 12 million
 
Posted by doling2005 on :
 
up 17% on heavy volume early in the day..
 
Posted by doling2005 on :
 
up 20% over 15 million in volume..average is 8 million
 
Posted by doling2005 on :
 
here she blows..
 
Posted by doling2005 on :
 
http://stockcharts.com/h-sc/ui?s=mgen
 
Posted by doling2005 on :
 
up 27%
 
Posted by doling2005 on :
 
over 20 million traded..something is up with this
 
Posted by will on :
 
Might have something to do with this :

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0000943440%252D06%252D000276%252Etxt%26filepath%3D%255C2006%255C08%255C25%255 C&symbol=MGEN

OR this :

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0000943440%252D06%252D000212%252Etxt%26filepath%3D%255C2006%255C06%255C14%255 C&symbol=MGEN
 
Posted by IMAKEMONEY on :
 
IN AT 0061. RUN BABY RUN!
 
Posted by lwb1441 on :
 
is it over
 
Posted by doling2005 on :
 
this rise on explosive volume could go a couple of days IMO
 
Posted by lwb1441 on :
 
I hope so, I have been holding this one far longer than I wanted to. What does the links in Will's post refer too. I am having touble getting them to load up.
 
Posted by doling2005 on :
 
looks like registration statements for securities offerings at prices significantly higher than where we are. Will..any other thoughts? TIA
 
Posted by will on :
 
The first is an SB2 for 300M, which it looks like about 1/2 will be sold into the market.

The other is an older S8 for 150M, which is either sold, or in process of being sold.

That would account for the volume increase. They do run with dilution going on, but it won't be sustained because the selling MM will dilute with expected results. It needs to break .01 and hold if it is going to be sustained, but then it will catch hell at .013. I don't see it getting by .01 right now. It might bounce betwen .006 / .01 for awhile. That's my opinion, means little.
 
Posted by doling2005 on :
 
Thanks Will..over 22 million shares traded now,that is 3 x regular volume so maybe over .01 tomorrow...
 
Posted by lwb1441 on :
 
Thanks
 
Posted by doling2005 on :
 
very strong here...volume picking up again
 
Posted by doling2005 on :
 
over 27 million traded
 
Posted by doling2005 on :
 
maybe this approval is pending and that's why we're up...
http://biz.yahoo.com/bw/060809/20060809005140.html?.v=1
 
Posted by will on :
 
Guess I'm a bit more cynical then you are, doling. I prefer the shortest, easiest, most logical explanation for the volume increase, dilution.
 
Posted by doling2005 on :
 
I like this language

Paul Kravitz, Chairman said, "that an approval by Health & Wellness carry's significant marketing appeal and could well contribute to significant sales."
 
Posted by will on :
 
If they get approval, that news, if / when it ocurrs will overcome the dilution. Right now it is betting on the come, a big "IF". You will see a lot speculative PR's when dilution is taking place. It is pretty much SOP. These penny companies and their CEO's know how the game is played.
 
Posted by doling2005 on :
 
bid jumped up..maybe it's a news leak
 
Posted by doling2005 on :
 
over 28 million,, back toward hod..I think we gap up tomorrow
 
Posted by lwb1441 on :
 
Finally out... Looking for a reentry point
 
Posted by HT on :
 
good posts will... I agree with you on the games that companies and the CEO play... pennies are the wild west of trading, so much shady business, they can pretty much do whatever they want. I think 90% of PRs from any penny company is useless fluff... either way, after all is said and done, I'm happy this stock is back in action.
 
Posted by cactus33 on :
 
nice day....
 
Posted by doling2005 on :
 
looks great for tomorrow..big buys coming in the end here
 
Posted by doling2005 on :
 
over 29 million wow!!
 
Posted by will on :
 
Over 31M now, and they are bringing it down. imdao, this is the pattern you will see for this stock, until the dilution is over. If you like a comparison, look at SEVI, same conditions/situation.
 
Posted by doling2005 on :
 
moving up [Smile]
 
Posted by cactus33 on :
 
Sherri, did you bail? hope you hung on from .005 I had a feeling this was gonna make a move. Today was nice .... Still should have legs...
 
Posted by cactus33 on :
 
play it like a yo-yo..

back to 7's again..?
 
Posted by Grail7 on :
 
This has become my favorite bouncing stock. Just waiting for a really good sustainable PR.
 
Posted by beechwood on :
 
Well said, Will.
Take what you read in here with a grain of salt.
After all, one doesn't really know who they're
talking to (i.e.; MM's, paid pumpers/bashers, etc.)
 
Posted by bksundar on :
 
This board is becoming pounded with lots of 'extraneous' elements associated with different stocks. Somehow, these great stocks always seem to appear at the top of discussions, but the stock moves nowehere in the last few months.

Makes you wonder....
Biggest culprits DDSI, JMCP, etc etc
 
Posted by cactus33 on :
 
this stocks hardly been on the first page. maybe recently. Usually hangs back 3 pages back. It has moved back and forth nicely between .005's and almost .008.

I have no idea about jmcp or ddsi. I try to stay away from anything under .0003 anymore.
 
Posted by dinner42 on :
 
I hear ya cactus33, starting to feel the same way, it's like getting stuck in a parking lot after the game gets out! .0003 is generous limit line on your part. Getting in or re-entering with this one * .005 to .008 sounds good, especially after the year in charting, she's able to resurface with some solid PR's, hopefully this year.

...HT ..and the comment that PR's have no large impact seems to be true to the extent various leaders in various companies have similar impact results that don't boost PPS after good PR's with good fundamental reporting or good news in general, however those with unaudited financials weigh down things a bit and I beleive have an impact on investor confidence and impact the PPS somewhat. The CEO's that play this game can be quite shrude and one begins to notice the tactics after studying similarities in approach to their Stocks. "Master of the Game" and here's to riding along the waves! Betcha some of them went to the same University's. lol.... Birds of a feather you know..

Gotta pay the big bucks for those SOX audits, BIG BUCKS come from somewhere ya'll !

Lawyers and Accountants billing hours.

I'll take the grain of salt and put it on my low sodium diet.

Good luck this week. DYODD IMHO

dinner42
 
Posted by IMAKEMONEY on :
 
Med Gen Reports Robust August Sales

September 11, 2006 08:30:24 (ET)


BOCA RATON, Fla., Sep 11, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of the national brands Snorenz(R), snore relief throat spray, Painenz(R), roll on pain relief formula, Good Nights Sleep(R), sleep aid throat spray and UnDiet(TM) weight loss system, announced today that its new marketing efforts are showing very strong and positive results.

Sales and shipments for August have topped $70,000, a 600% increase over July and by far the biggest month since the company re-engineered its marketing programs from retail store orientation to direct to consumer (DTC). While the company still ships product to Albertson's and other smaller chains, its present focus is on DRTV and DTC advertising campaigns. The company has spent significant capital and manpower over the past six months building new web sites and producing TV campaigns. In effect, this business model will create an unencumbered stream of income, free from the costly process of retail distribution. The company will still take advantage of Retail distribution by selling the "AS SEEN ON TV" departments in Retail Chains and by selling direct to distributors both domestic and overseas.

In answer to investor/shareholder questions, Paul Kravitz, Med Gen Chairman and Chief Executive explains the following. (1) UnDiet(TM), the company's diet system has been test marketed with good results. The company is improving the taste of the UnDiet(TM) system because of comments from consumers during the test phase of the product launch. This process will be completed prior to the major advertising programs planned for late September (subject to available bookings). The new mint taste will improve the bitterness of the all-natural product and greatly enhance sales. (2) UnDiet JR(TM), so as not to dilute sales from UnDiet(TM), will be launched after UnDiet(TM) has had several months of successful sales. (3) The Health and Wellness test on Painenz(R) was recently shipped to all 320 participants and the Painenz(R) test programs for PGA TOUR and GARDENING-HOW TO, a total of 920 participants, are being processed now. (4) New products to be launched during October, November and December include, Sleepy Time Snorenz(R), a new snore relief formula using Melatonin, to give the user a more restful quiet sleep and, All Natural Good Nights Sleep(R), an all natural version of our existing Good Nights Sleep(R), eliminating Benadryl as the active ingredient in the formula. This was done at the request of our overseas customers and for those who prefer an all-natural sleep inducer. Both of these products will feature Med Gen's STW(TM) technology.

Med Gen's new ONLINE STORE(TM) and a newly designed Med Gen Domain is scheduled for launch in Mid October. The ONLINE STORE(TM) will feature all Med Gen products plus a number of products that will be marketed under Med Gen labels under contract from other laboratories. Med Gen's ONLINE STORE(TM) will feature new and innovative products from around the world and will be heavily advertised on TV, print and through Internet affiliate programs.

On the stock side, it should be of interest to all present shareholders and new investors alike that the dilution caused by our lender's conversion of notes to stock will end in about one week after the conversion of the remaining estimated 5,000,000 shares. This last conversion will have repaid our lender $1.3 million in loans secured by the company. The cessation of dilution and the increased revenues reported above should have a very positive effect on our shares.

As I see it, Mr. Kravitz explained, we have a plate full of projects all aimed at building revenues and profits quickly. Interest in our company is growing ever larger as our shareholder base increases to over 2,000; a number significantly larger than most OTCBB listed companies. The continued strong interest in Med Gen increases liquidity and gives rise to major investment opportunities, joint ventures, mergers and acquisitions. Further providing assurance for the future that the company will have the capital to continue a very aggressive business plan.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders were awarded a patent in 1998. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the UnDiet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under private labels or existing names and owns trademarks for these brands worldwide.

The company selects, designs or invents products for which there is substantial demand but no competing products, either because of the delivery system or formulation.

This Press Release contains or incorporates by reference "forward looking statements including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or http://www.medgen.com.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
http://www.medgen.com
Copyright Business Wire 2006
 
Posted by cactus33 on :
 
NICE !
 
Posted by cactus33 on :
 
starting to come alive..
 
Posted by IMAKEMONEY on :
 
NEVER KNOW!
 
Posted by cactus33 on :
 
words getting out..
 
Posted by dinner42 on :
 
7 by 74 nice n tight
 
Posted by cactus33 on :
 
here it goes again. you can make mone constantly flipping this.
 
Posted by cactus33 on :
 
good day here.
 
Posted by IMAKEMONEY on :
 
Med Gen CEO Featured in Exclusive Interview on WallSt.net

September 13, 2006 08:30:07 (ET)


BOCA RATON, Fla., Sep 13, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of nationally branded OTC healthier life products, announced today that it has updated the investment community on the health of the company, financial data and future events impacting the company. The interview can be heard on the WallSt.net Internet site.

In the interview, Mr. Kravitz emphasized that the rollup to its new marketing strategy was producing excellent results. August numbers were up 600% over July, International business is growing and the investment commitment for over $500,000 in advertising for UnDiet(TM), Snorenz(R), Painenz(R) and Good Nights Sleep(R), as the result of new investments of $1.5 million, will sharply increase revenues over the next few months.

The addition of the MedGen ONLINE SHOP(TM), features its SOLUTIONS FOR A HEALTHIER LIFE line-up, an array of new and exciting products, some featuring the proprietary STW(TM) delivery system and others include pills, gel caps and salves. The goal is tapping into the $140 million per day Internet market place. "Because we are now successfully increasing our business on our product web sites, it makes sense to increase our product offerings as well," said Mr. Kravitz.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders were awarded a patent in 1998. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under private labels or existing names and owns trademarks for these brands worldwide.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or http://www.medgen.com.

This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
http://www.medgen.com
Copyright Business Wire 2006
 
Posted by cactus33 on :
 
looking good, thanks for keeping us up to date..
 
Posted by cactus33 on :
 
8 is like a wall that cant be broken.
 
Posted by IMAKEMONEY on :
 
--------------------------------------------------------------------------------

Related Quotes
Sym. Price Chg.
MGEN Trade
News 0.0094 0.0024
Med Gen Announces New Contracts in Pacific Rim Area

September 15, 2006 08:30:08 (ET)


BOCA RATON, Fla., Sep 15, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of nationally branded OTC Healthier Life Products, announced today that it has received orders from New Zealand based Douglas Pharmaceuticals and has negotiated a contract with Philippines distributor, Integra Pharma.

"Increasing the reach of our products is an important part of our building plan," said Paul Mitchell, Med Gen's President and COO. Our products have now been approved for sale in 13 countries with many more on the way. It takes up to a year to complete the approval process and only then can sales start. Presently Med Gen is approved to ship into Portugal, Australia, New Zealand, Philippines, Jordan, Ireland, United Kingdom, Norway, Finland, Denmark, Iceland and Korea.

Med Gen plans to introduce its newest diet product, UnDiet(TM) into the above countries through its existing Distributors. Because the product is all-natural, the admission process is not as complicated as it would be with a medicine or homeopathic product. The company goal is to ship a minimum of $1,000,000 during the next 12 months and in fiscal 2008 a minimum of $3,000,000, although the amount could dramatically rise if the UnDiet(TM) Brand is accepted by the company's present distributors.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders were awarded a patent in 1998. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under private labels or existing names and owns trademarks for these brands worldwide.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or http://www.medgen.com.

This Press Release contains or incorporates by reference "forward-looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
http://www.medgen.com
Copyright Business Wire 2006
 
Posted by cactus33 on :
 
finally broke down the 8 wall.. looking good.
 
Posted by welk on :
 
I'm in for a grand. Looks like it wants to go back to pennyland. LOL!
 
Posted by Morphiuzzz on :
 
why does the high show .025?
 
Posted by welk on :
 
fat finger. I think the high is 009 or so.......

thus far.
 
Posted by will on :
 
quote:
Originally posted by will, Sept 6:
The first is an SB2 for 300M, which it looks like about 1/2 will be sold into the market.

The other is an older S8 for 150M, which is either sold, or in process of being sold.

That would account for the volume increase. They do run with dilution going on, but it won't be sustained because the selling MM will dilute with expected results. It needs to break .01 and hold if it is going to be sustained, but then it will catch hell at .013. I don't see it getting by .01 right now. It might bounce betwen .006 / .01 for awhile. That's my opinion, means little.


 
Posted by welk on :
 
All pennies finance via share sales in my experience. Time for this to move up. Great news today. Check chart, buddy. JMO.
 
Posted by welk on :
 
Got more at 0082
 
Posted by welk on :
 
Hey! Got some action here now. 0084 x 0088
 
Posted by IMAKEMONEY on :
 
MAN I STILL LIKE THIS, GREAT PR, JMO
 
Posted by welk on :
 
I wouldn't want to be short. Chart is building, I think.
 
Posted by IMAKEMONEY on :
 
IM HOLDEN.
 
Posted by welk on :
 
When this one spikes it usually goes nuts. The last 2 spikes around 5 cents. LOL! RSI looks yummy!
 
Posted by welk on :
 
Looks ripe! imo
 
Posted by IMAKEMONEY on :
 
News
--------------------------------------------------------------------------------

Related Quotes
Sym. Price Chg.
MGEN Trade
News 0.0083 0
Med Gen CEO Interviewed by Wall Street Reporter

September 19, 2006 08:30:38 (ET)


BOCA RATON, Fla., Sep 19, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of nationally branded OTC healthier life products, announced today that its CEO and Chairman was interviewed regarding the company's potential, its business plan for the future and the company's value proposition for existing and future investors.

Mr. Kravitz, CEO and Chairman, answered that Med Gen manufactured very unique products that deal with common consumer ailments, from snoring to sleeplessness and weight loss. The market, over $70 billion, gives the company a huge upside potential.

Potential investors should investigate and find good companies with good products and growing markets. Holding onto the stocks of these companies, especially if they are undervalued, presents opportunities for asset growth as these companies in time become great companies. We believe that Med Gen is just that kind of a company.

Our key goals this year are to get our products in front of consumers, add additional product offerings and explore and develop markets abroad. To hear the full interview visit http://www.******************.com and the company web site, http://www.medgen.com.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders were awarded a patent in 1998. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under private labels or existing names and owns trademarks for these brands worldwide.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or http://www.medgen.com.

This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
paulk*medgen.com
Copyright Business Wire 2006
 
Posted by welk on :
 
OK let's see a runner!
 
Posted by IMAKEMONEY on :
 
--------------------------------------------------------------------------------

Related Quotes
Sym. Price Chg.
MGEN Trade
News 0.0063 0.0004
Med Gen to Air UnDiet(TM) TV Spots

September 29, 2006 08:30:27 (ET)


BOCA RATON, Fla., Sep 29, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of nationally branded OTC healthier life products, announced today that it has booked a series of 60 second TV spots to run from October 16-29, 2006 on Discovery Health, Dish Women, Dish Entertainment, Oxygen, Soap, Style, TV Guide, We, Lime, GAC, Fit and Fine Living.

These spots are designed to test the new advertising programs that the company has been working on during the past several months. Based on the return results, the company can then roll out a national advertising campaign that will introduce the UnDiet(TM) weight loss system across the United States. The company has budgeted $1 million for UnDiet(TM) advertising during the 2006-2007 fiscal year. Management expects a minimum four-time return on invested dollars or $4 million.

Paul Kravitz, Med Gen Chairman, in telephone interviews with Wall Street analysts and news reporters stated that he expected sales for UnDiet(TM) to grow quickly and beyond the minimal return of $4 million, which is based on dollars spent without taking into consideration the multiple purchases each consumer must make during their individual diet program, which is estimated at six (6). All shipments for UnDiet(TM) will include the UNDIET book written by Bronwyn Schweigerdt, a well-known nutrition specialist. The weight loss system features the Med Gen "STW" delivery system and three products that are performance specific, burn excess fat (Weight Shield(TM)), control appetite (Appease(TM)) and maintain weight (Simply Trim(TM)).

The company will have UnDiet(TM) advertisements running in Red Book and Womens Day during November and December.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders were awarded a patent in 1998. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under private labels or existing names and owns trademarks for these brands worldwide.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or www.medgen.com.

This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
paulk*medgen.com
Copyright Business Wire 2006
 
Posted by IMAKEMONEY on :
 
IT GOT GOING!!!
 
Posted by cactus33 on :
 
nice day, this has been one of my favorites to flip. i wish that i was more disciplined on others. nice pr today.
 
Posted by IMAKEMONEY on :
 
Related Quotes
Sym. Price Chg.
MGEN Trade
News 0.0075 0.0009
Med Gen Completes Claims Substantiation and Support Documents for UnDiet(TM) System

October 06, 2006 08:30:16 (ET)


BOCA RATON, Fla., Oct 06, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade), manufacturers of nationally branded OTC healthier life products, announced that it has fully completed the documentation to support the underlying claims made to support its weight loss program, UnDiet(TM) System.

As a precursor to its investment in TV and Print advertising programs, Med Gen has completed a thorough study to support any claims it makes regarding the weight loss program the company hopes will contribute significantly to its revenues and earnings this year. The study is complete with support information, Certificates of Analysis, product descriptions, mechanisms of action, special features, confirmation of special research, pharmacology and therapeutics. Of great importance is Med Gen's use of premium quality ingredients and of the much heralded Hoodia (in liquid form) and Citrin(R) ("Natures Own Effective Weight Loss Agent") manufactured by Sabinsa Corporation for Med Gen. The use of Citrin(R) is thoroughly discussed in documentation that will soon be published on the www.undietsystem.com, the company's product web site.

Med Gen management believes that UnDiet(TM), a unique weight loss system featuring the company's STW(R) spray system will quickly become the "diet of choice" for the millions now seeking the miracle weight loss product. "It's cost efficient, easy to use and best of all it works," said Mr. Mitchell, President. Testimonials as to the efficacy of UnDiet(TM) are received daily, Mr. Mitchell added.

About Med Gen Inc.

Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first patented liquid spray snoring relief formula, Snorenz(R). Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names.

Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or www.medgen.com.

This Press Release contains or incorporates by reference "forward-looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward-looking statements.

SOURCE: Med Gen Inc.


Med Gen Inc., Boca Raton
Paul Kravitz, 561-750-1100
www.medgen.com
Copyright Business Wire 2006
 
Posted by Prdponce on :
 
Sorry did not see the thread...
 
Posted by 10of13 on :
 
Nice....
 
Posted by rimasco on :
 
might get another leg up here
 


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