quote:Originally posted by RCAnalyst2007: Medgen has really solid products http://www.medgen.com/ and their revenue is increasing.. I'm positive on this..
I think I bought this pos earlier in the year and actually made some $$, but now it's just a sad stock that increased A/S by 10b! Ouch....
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News is out.. Med Gen Reports 191% Increase in Year to Date RevenueLast update: 12/3/2007 8:00:09 AMBOCA RATON, Fla., Dec 03, 2007 (BUSINESS WIRE) -- Med Gen Inc. (MGEN), manufacturers of nationally branded OTC healthier life products and specialty financial services, reports that unaudited revenue as of November 30, 2007 was $360,000, exceeding the same period in 2006 by approximately 191%. Liquidity in the form of cash on hand or cash equivalents exceeds $725,000. "As we enter December, the last month of our 1st quarter, we should start to evidence increased sales from the beginnings of our planned advertising and commercial TV spots for Fabulust(R), Snorenz(R) and Good Nights Sleep(R)", said Paul S. Mitchell, company President/COO. "Our largest increase in sales should come during the March quarter when all commercials will be airing. On this issue, Painenz(R) commercials will air in Chicago and Boston markets on the Lifetime Channel and A&E Channel the week of December 3rd as a result of our contractual arrangement with Home Shopping Group, Inc."
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Med Gen Signs Sunset Thomas as Spokesperson for Fab U Lust(R)Last update: 12/13/2007 8:00:08 AMBOCA RATON, Fla., Dec 13, 2007 (BUSINESS WIRE) -- Med Gen Inc. (MGEN) ("MGEN"), manufacturers of nationally branded OTC healthier life products and specialty financial services, reports that it has signed Sunset Thomas, known as the "Princess of Porn" to a 12 month personal contract to promote Med Gen's newest product, Fab U Lust(R). The contract is heavily skewed towards royalty payments based on sales to insure emphasis on promotions that create revenue. The minimum goal is set at 1 million units or $24.5 million dollars in revenue after which a bonus is earned. "Fab U Lust(R) is the perfect product for Sunset. Her past career is legendary and her new career is bustling with the opening of her own Caberet, a motion picture contract, TV and Radio appearances and her very own clothing line, Sunset Wear(R). Her credits, too numerous to mention, include Adult Film Star Hall Of Fame, Hustler Hall Of Fame, Penthouse Cover Girl, Playboy Channel, Howard Stern Show, advisor to Esquire Magazine and the star of HBO's Cat House," said Paul Kravitz, Med Gen Chairman/CEO. "Marrying Sunset with Fab U Lust(R) seems the right thing to do to maximize visibility and sales," added Kravitz, who invites everyone to visit to learn more about the product. "I have tried this product and I absolutely endorse it," said Sunset Thomas. "Female stimulation is (our) best kept secret. For me, representing Med Gen and Fab U Lust(R) is a great opportunity, and I will get the word out about its benefits and the joyful experience it promotes."
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Related Quotes Sym. Price Chg. MGEN Trade News 0.0004 0.0001 Med Gen Signs Sunset Thomas as Spokesperson for Fab U Lust(R)
Dec 13, 2007 08:00:08 (ET)
BOCA RATON, Fla., Dec 13, 2007 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade ) ("MGEN"), manufacturers of nationally branded OTC healthier life products and specialty financial services, reports that it has signed Sunset Thomas, known as the "Princess of Porn" to a 12 month personal contract to promote Med Gen's newest product, Fab U Lust(R).
The contract is heavily skewed towards royalty payments based on sales to insure emphasis on promotions that create revenue. The minimum goal is set at 1 million units or $24.5 million dollars in revenue after which a bonus is earned.
"Fab U Lust(R) is the perfect product for Sunset. Her past career is legendary and her new career is bustling with the opening of her own Caberet, a motion picture contract, TV and Radio appearances and her very own clothing line, Sunset Wear(R). Her credits, too numerous to mention, include Adult Film Star Hall Of Fame, Hustler Hall Of Fame, Penthouse Cover Girl, Playboy Channel, Howard Stern Show, advisor to Esquire Magazine and the star of HBO's Cat House," said Paul Kravitz, Med Gen Chairman/CEO. "Marrying Sunset with Fab U Lust(R) seems the right thing to do to maximize visibility and sales," added Kravitz, who invites everyone to visit www.fabulust.net to learn more about the product.
"I have tried this product and I absolutely endorse it," said Sunset Thomas. "Female stimulation is (our) best kept secret. For me, representing Med Gen and Fab U Lust(R) is a great opportunity, and I will get the word out about its benefits and the joyful experience it promotes."
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 UnDiet(R) system into its family of brands. Fab U Lust(TM), the company's newest product, a female sexual stimulant, is scheduled to launch in the late fall of 2007. 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. The Company also offers specialty services to small emerging public companies in similar fields as a way of adding assets to its base business.
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
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I think MGEN is on right track. Once they promote Fabulust with famous celebrities, it can definetly get attention and generate revenue.
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quote:Originally posted by RCAnalyst2007: Mgen is not a dissapointing stock if you know when to get in and get out.. I always made made from it.. I mean good money..
SO YOU THINK THIS IS A BUYING OP AT .0004?
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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