Company info: 7284 W. Palmetto Park Road, Suite 207, Boca Raton, FL, US 33434 phone (561) 750-1100 website www.medgen.com
sector: Healthcare industry: drugs recent PRs:
August 9, 2006 - 8:31 AM EDT
Med Gen & National Health & Wellness Start Painenz(R) Test Med Gen Inc. (OTCBB:MGEN), 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 Un-Diet(TM) weight loss system, announced today that it has agreed to supply 350 units of its roll-on pain relief formula, Painenz(R), to the National Health & Wellness Club for member testing and approval.
Med Gen has worked with the National Health & Wellness Club and their affiliate publication Health & Wellness previously, when they approved Med Gen's Snorenz(R), snoring relief brand by better than 77%. The club seal has since been affixed to all packaging and promotional materials. Paul Kravitz, Chairman said, "that an approval by Health & Wellness carry's significant marketing appeal and could well contribute to significant sales. I am pleased that Painenz(R) has met the interest of this highly recognized organization and look forward to a successful test by 350 of their members."
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system ("STW"). It is best known for producing the world's first liquid spray snoring relief formula, Snorenz(R), for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its STW "sprays the way" technology, introducing Good Night's Sleep(R) and most recently the Un-Diet(TM) weight loss plan. The company markets its products to major chain and drug stores, as well as direct sales via the company web site and direct to consumer television, radio and print advertising.
The company has stayed within its specialty niche for the past 10 years, producing products that are uniquely designed for large market segments. Several of the brands feature STW(TM) (Spays the Way Technology) as a format for its delivery systems. The company selects, designs or invents products where there is substantial demand but no competing products by virtue of delivery system or formulation.
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.
Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100 http://www.medgen.com Source: Business Wire (August 9, 2006 - 8:31 AM EDT) News by QuoteMedia www.quotemedia.com ************************ July 25, 2006 - 12:18 PM EDT
Med Gen Celebrates Its First Decade Med Gen Inc. (OTCBB:MGEN), 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 Un-Diet(TM) weight loss system, announced today that it has reached a milestone few biotech companies enjoy.
As we celebrate a decade of achievement we can point with pride to the completion of several aspects of our Business Plan that was developed to bring increased valuation, investor interest and brand awareness. The transition from retail sales and related advertising programs necessitated our complete overhaul of our Internet Domains and the creation of stand alone product sites. This project is now largely completed. Our Brands are now in front of worldwide markets, increasing our reach by more than 10 times, while at the same time reducing our actual cost per sale.
We have been very deliberate regarding our international business. As a result, our business has increased with new orders recently received from Ireland, Portugal and Australia. Additional significant increases in International business are expected soon from the signing of our contract with Alliance Unichem International Trading, Dublin, Ireland. The re-establishment of our business in the United Kingdom and other Western European countries is expected, but this time will include a complete line-up of our Brands, giving the company a much wider opportunity for growth.
Building a substantial Internet business has been our primary goal. Completion of our last Internet site is scheduled for the first quarter. This new Domain will feature a new Med Gen Online Shop that will replace the old shopping cart on the Med Gen corporate site. Eleven new introductions are initially planned, offering products that will heal and bring relief to millions of sufferers of common health problems. By introducing our existing customers to an array of new product offerings we will increase our per visit sales and further reduce our cost per sale. The Med Gen Online Shop will contribute significantly to our bottom line. The Med Gen Corporate site that will house the Online Shop will encompass a complete investor guided tour of our company, who we are, where we are going and why we are a good investment for the future. Links to get updates on trading price and stock information will be a click away.
Lastly, we are announcing the important addition of new line extenders to our existing brands. Sleepy Time Snorenz(R) with newly added Valerian Root that will bring relief from snoring and put you back to sleep at the same time. By popular demand and for those that cannot tolerate benadryl, an All Natural Good Nights Sleep(R) with Melatonin.
We have re-invented ourselves, kept the good and left behind the bad; an assurance that our present shareholders can expect a second decade of growth and prosperity and future shareholders will show interest in a little company with a leg-up on the health needs of a worldwide population.
Source: Business Wire (July 25, 2006 - 12:18 PM EDT) *********************** July 19, 2006 - 8:03 AM EDT
Med Gen Signs Exclusive Agreement with UNDIET Book Author Med Gen Inc. (OTCBB:MGEN), manufacturers of the national brands Un-Diet(TM), weight loss system, Snorenz(R), snore relief throat spray, Painenz(R), roll on pain relief formula, and Good Nights Sleep(R), sleep aid throat spray, announced today that it has signed an exclusive agreement with Bronwyn Schweigerdt MS, author of the UNDIET book to market her book together with the company's Un-Diet(TM) weight loss system.
"It's a double win," exclaimed Paul Kravitz, Chairman of Med Gen in an interview today. While the UNDIET book deals with nutrition and habits and the Un-Diet(TM) system deals with appetite suppression, metabolism and thermo genesis (fat burning), both programs followed simultaneously can produce the desired weight loss, quickly, healthily and painlessly.
"No one said you should stop eating," said Kravitz, "...but eating the way Bronwyn describes in her book UNDIET is not only proven through testimonials as the correct way, but it carries with it the philosophy behind Med Gen's Un-Diet(TM) system; Weight Control System For Life." Although both the book and Med Gen's all natural weight loss system bear the same name, there was absolutely no intent at collusion and it was purely by accident that the discovery of the UNDIET book was made.
Appease(TM), Weight Shield(TM) and Simply Trim(TM), the three products that make up the Un-Diet(TM) system, have come through the testing phase with flying colors. Only one glitch in a leaky "O" ring. "Missing the 'bathing suit' season will not hurt our marketing program because there are more weight loss products sold pre and post holiday season than in any time of the year," said Kravitz.
**************************** July 11, 2006 - 8:02 AM EDT
Med Gen Retires First Note from Lender Med Gen Inc. (OTCBB:MGEN), 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 it has retired its first Note to its lender of $740,000. The registration filing underlying the collateral shares was filed in August 2005.
During this period, Med Gen shares showed remarkable liquidity, trading 490 million shares or an average of 30 million shares per month, more than doubling in share price and more than tripling the company's value. "The plan of action instituted by both management and its lender, avoiding an imminent reorganization as a result of vacated settlement agreement and the desire to significantly build Med Gen as a leading biotech company, has had a very positive and material effect for shareholders and the health and wellness industry in particular," said Mr. Paul Kravitz, Med Gen's Chairman. "Our products are gaining favor with an ever growing base of consumers looking for easy to use products that are effective in controlling weight loss, the noise of snoring, arthritic pain and sleeplessness."
"It is strictly my opinion, that for those Shareholders whose investment strategies are not marred by timidity, impatience, the wrong information or simply greed, Med Gen offers upside opportunities. Investors that believed in the value of a company and belief in managements long term goals, have made remarkable gains. The following examples evidence this philosophy, Sirius (SIRI), iRobot Corp. (IRBT) and even Wal-Mart, where an investment of $1600 (100 shares) in 1986 is now worth, after 20 years, $3.2 million." ************************** July 6, 2006 - 8:32 AM EDT
Med Gen Initiates Distribution into Ireland with Alliance UniChem International Trading(R) Med Gen Inc. (OTCBB:MGEN), manufacturers of the national brands UNDIET(TM) spray weight loss system, Snorenz(R), snore relief throat spray, Painenz(R), roll on pain relief formula, and Good Nights Sleep(R), sleep aid throat spray, announced today that it has received an initial order for both SnorAway(R), snoring relief formula and Painenz(R), roll on arthritic pain relief formula for Ireland from its new distributor, Alliance UniChem International Trading(R) (AUIT).
AUIT is considered one of the largest distributors of both prescription and OTC drugs in Europe. The Distribution Agreement covers all products now being manufactured by Med Gen. Paul Kravitz, Chairman and Chief Executive, commented in a morning interview, that the Distribution Agreement with AUIT is a watershed achievement for Med Gen. "Our new relationship with AUIT will open significant distribution channels in all EU countries. AUIT controls a significant market overseas and Med Gen expects to build market share quickly because of this relationship."
Ireland is the first country to receive Med Gen products from AUIT and the company expects that it will be followed up over the next few months with orders on a country-by-country basis. Under the Agreement, AUIT will control all marketing and placement of products using Med Gen brand names as they exist now in the United States except for Snorenz(R), which is branded SnorAway(R) in most international markets. As reported earlier, Snorenz(R) is just now arriving in New Zealand under a private label.
Acceptance of our products in foreign markets requires patience and flexibility since government approval is necessary. In January we announced our commitment to build this business and, although it has been difficult at times, we are now showing major strides in achieving our goals. One such major achievement is this new relationship with AUIT.
**************************** June 23, 2006 - 8:00 AM EDT
Med Gen Announces Successful Launch of UNDIET(TM) Internet Program Med Gen Inc. (OTCBB:MGEN), 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 initial indications are that the company domain, http://www.undietsystem.com will be a huge success. Company Chairman, Paul Kravitz, reported in discussions with trade sources that, "Losing weight is a very big and serious business and we are rolling up our sleeves, devoting money and all our expertise, making sure that we capture a significant portion of the estimated $60 billion market."
This is our chance! If the Hoodia pills, as reported, can cause 10, 15 or 25 pounds of weight loss in 30 days, how much more effective can our Appease(TM) and Simply Trim(TM) sprays be? Hoodia Gordonil, the natural, cactus like plant, used by the San Indians of the Kalahari desert to stave off hunger and thirst and widely publicized by Oprah Winfrey, Leslie Stahl, nutritionists and users alike, for being the magic elixir that will cure the world's obesity problems...is now refined by Med Gen, using the extract from the plant and fortified with additions that will aid not only the loss of weight, but the feeling of well being and vitality. "What Med Gen has done is modify a Benz into a Lamborghini," Kravitz said.
"There is no question that our UNDIET(TM) System, with Spray's the way(TM) formulation, is a sure fire way to get the product into the body faster, more efficiently and without any degradation of ingredients. The full power of the product goes to work instantly and effectively. The company has priced UNDIET(TM) well below any competition and offers a full money back guarantee. For a limited time the company is offering a sizeable discount on its 3 bottle system for $49.95. Regular price is $69.95. Order at http://www.undietsystem.com. Start losing weight now!
Next PR is expected at the middle of the week ************** do your own DD **************
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Don't particularly care for the fact that they registered 150 million shares in late June, and in early June 'voted' to increase a/s from 500 million to 2.5 billion. Chart looks like it's getting deceptively ready, but start to think about this when pps gets around .008- and it probably goes lower than that.
Volume has been strong the last month, but that's probably largely due to increased share structure.
posted
Interesting. I just read the letter from the Chairmen and saw the comment about the shareholder who invested 100K three years ago. If the shareholder bought at the low that year ($6 pps) it would be worth a whopping $166.67 now. Man that would suck bad.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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Dallas, Texas, Aug 14, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Med Gen, Inc. (OTCBB: MGEN) - Friday's shares decreased 11.30% to $0.0102. 9,299,641 shares were traded. Med Gen Inc. announced on August 9th that it agreed to supply 350 units of its roll-on pain relief formula, Painenz , to the National Health & Wellness Club for member testing and approval. Med Gen has worked with the National Health & Wellness Club and their affiliate publication Health & Wellness previously, when they approved Med Gen's Snorenz , snoring relief brand by better than 77%. The club seal has since been affixed to all packaging and promotional materials. Paul Kravitz, Chairman said, "that an approval by Health & Wellness carry's significant marketing appeal and could well contribute to significant sales. I am pleased that Painenz has met the interest of this highly recognized organization and look forward to a successful test by 350 of their members."
Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, and in 2003 introduced Good Night's Sleep to the sleep-aid market. Both Snorenz and Good Night's Sleep are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site. The company is now completing its testing on a radically different approach and delivery system for its weight loss program, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007. Med Gen Inc, is a full reporting company whose stock trades on the OTCBB under the symbol MGEN.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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Dallas, Texas, Aug 15, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Med Gen, Inc. (OTCBB: MGEN) Monday's market closed at a 0.00% change at $0.0102 per share. There were 7,924,229 shares traded. Med Gen Inc., manufacturers of the national brands Snorenz., snore relief throat spray, Painenz., roll on pain relief formula, Good Nights Sleep., sleep aid throat spray and Un-Diet(TM) weight loss system, announced recently that it has agreed to supply 350 units of its roll-on pain relief formula, Painenz., to the National Health & Wellness Club for member testing and approval. Med Gen has worked with the National Health & Wellness Club and their affiliate publication Health & Wellness previously, when they approved Med Gen's Snorenz., snoring relief brand by better than 77%. The club seal has since been affixed to all packaging and promotional materials. Paul Kravitz, Chairman said, "that an approval by Health & Wellness carry's significant marketing appeal and could well contribute to significant sales. I am pleased that Painenz. has met the interest of this highly recognized organization and look forward to a successful test by 350 of their members."
Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, and in 2003 introduced Good Night's Sleep to the sleep-aid market. Both Snorenz and Good Night's Sleep are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site. The company is now completing its testing on a radically different approach and delivery system for its weight loss program, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $60 billion by 2007. Med Gen Inc, is a full reporting company whose stock trades on the OTCBB under the symbol MGEN. same pump?
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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they keep saying the same stuff. could be a good bottom buster if your patient. a fresh pr would help about how they actually make money
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got some at .0064 then im in... .006 is my bigger in, think ill get it today! id like to see 50% from here at least... due for a big bounce!!
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yea its due for a big bounce alright... that 10q pretty much killed everything the company has no profit, no revenue, and the debt is only increasing.
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I think the entry into weight loss market will be their ticket to success. The only thing is, i hope it not too late... I hope they can prove that their weight loss spray formula works. If that goes well, we'll be in dimes and quarters (I hope).
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Looked at the 10-Q, makes me cringe a bit but to a person who loves charts and is heavy technical, this looks to apetizing. Was hoping to jump in by around .006 or lower, but guess its on its way back up again. Think we got maybe another day or so of accumulation, then we'll hit that spike that usually happens about every month. Good luck to us all.
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i hear ya HT, im looking short term. ive seen many stocks go up a ton even after the fact the 10Q sucks like crazy who cares. this stock will run because news can only be better then what we already saw and investor interest will be back for a short while. just a little and im out. imo never go in over your head, just dabble here and there... L2's look pretty sweet, yes chart looks like death but that can all change in an instant. GL whoever is playin...
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Excellent...I think I'm gonna add more, I want this to go up so that my mistake of buying shares near the resistance. Waiting for it to go around .0055. Currently at .0058, think this is our bottom or can it go down further? I'm in it for the shorterm also like you all.
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