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This could be a bottom, but it seem to be more dumping than loading. It may go to .0004 again, but I think it might start a slow trend upward. I'll be watching this one for a while.
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so it went back to .0004 is it time to load up? and does anybody know if there is any more dumping going on? I mean they actually have a product.
why dont somebody buy it for there wife, and see if it works? lol
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Med Gen Signs Contract with Award Winning InfoWorx(R)
Oct 30, 2007 08:00:06 (ET)
BOCA RATON, Fla., Oct 30, 2007 (BUSINESS WIRE) -- Med Gen Inc. ("MGEN") (MGEN, Trade ), manufacturers of nationally branded OTC healthier life products and specialty financial services, reports that it has signed an exclusive contract to produce and nationally market Infomercials for its Snorenz(R), Painenz(R) and Good Nights Sleep(R) brands.
InfoWorx(R) is headed by Ron Perlstein, who is best known for his commercials for Carnival Cruise Lines, and the famous "I've fallen and I can't get up" commercial for 800 MEDALERT(R). His most recent ROOMBA(R) commercial won several awards and sold over $120 million in product.
"I've been after Med Gen's business for a while now," said Perlstein. "They've got great products that really work; however, they could not get the capital together necessary to really market these products. Now they do and I'm really excited about the prospects."
"Our shareholders have been clamoring for a marketing success," said Paul Kravitz, Chairman/CEO. "It's been a long and difficult road getting things ready for this major move, but we're as ready as we can ever be to bring on Ron and his group, given his proven successes with companies like Carnival(R), eDiets.com(R), iRobot(R), Joint-Ritis(R), Rubbermaid(R) and Wamsutta(R). This is a real opportunity!"
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. Fabulust(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
Item 8.01 Other Events. Commencing on November 7th, 2007, Med Gen, Inc (the "Company"), has moved its principal executive offices to 7280 West Palmetto Park Road, Suite 306, Boca Raton Florida 33433. The lease terminates on November 1,2012 and requires a monthly payment of $11,559.83
As of November 5, 2007, the Company no longer occupies its former offices at 7284 West Palmetto Park Road, Suite 207, Boca Raton Florida 33433.
The Company moved to add additional space to process its distribution of product in anticipation of increased sales from infomercials being prepared by InfoWorx Turnkey DRTV. Those infomercials will air nationwide, on or about the middle of January 2008. The Company will post those results after the initial testing of the infomercials.
The Company also plans on hiring additional personnel for their consulting business which anticipates adding six clients before the end of its first fiscal quarter. Those billings may exceed $500,000.00 dollars.
The Company has 1,709,820,341 million shares outstanding as of the date of this filing and over 3000 total shareholders (per ADP non- objecting beneficial owners lists).The Company is authorized to issue up to 2,495,000,000 total common shares.
The Company will file its Form pre-14a on or about November 13th, 2007.
-------------------- I refuse to tiptoe through life... only to arrive safely at death.
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Related Quotes Sym. Price Chg. MGEN Trade News 0.0004 0 Med Gen Reports Financial Gains as It Begins Its 12th Year
Nov 13, 2007 08:00:08 (ET)
BOCA RATON, Fla., Nov 13, 2007 (BUSINESS WIRE) -- Med Gen Inc. ("MGEN") (MGEN, Trade ), manufacturers of nationally branded OTC healthier life products and specialty financial services, reports that unaudited revenue for October thru November 12, 2007 was $302,000 exceeding the same period in 2006 by 300%. Liquidity in the form of cash on hand or cash equivalents exceeds $1 million.
As the company starts its 12th year and its second year since it entered the marketing of its products by Direct TV or "DRTV" all signs point to major improvements in all phases of the business. "We now have all the top professionals on board to make sure our product messages get out to consumers," said Paul Kravitz, Chairman/CEO, "and we have spent the better part of the past two years testing and tweaking, making sure we spend our money wisely on the best commercials we can make as our financial supporters expect us to."
Management at all segments of our business report that revenues continue to increase as a result of the programs that have been put into place. These include new TV Shows featuring Snorenz(R), Painenz(R) and Good Nights Sleep(R) and print advertising featuring the company's newest products, FabuLust(R) and the CIGARHOLDER(TM). Also expected are increases in client revenue from the Financial Services Division.
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. Fabulust(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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Related Quotes Sym. Price Chg. MGEN Trade News 0.0004 0.0001 Med Gen's FABULUST(R) Featured in Hustler(R) Magazine
Nov 21, 2007 08:00:02 (ET)
BOCA RATON, Fla., Nov 21, 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 a contract for 13 monthly full page advertisements in Hustler(R) magazine starting in the April 2008 issue. The advertisements will be supported by national 30 second TV commercials. An announcement will be made shortly regarding the signing of a long-term contract with a well known female personality that will promote Fabulust(R) in all media.
The company reports that recent Internet and E-mail test promotions indicate a large demand exists for Fabulust(R) and warrants our moving forward with spending a significant amount of the companies advertising dollars.
"The national market for sexual stimulants is estimated to exceed $5 billion and over $15 billion world wide, Med Gen's Fabulust(R) enters this market after a 2 year study that was directed towards an original designer formula and stimulating application," said Paul Kravitz, company Chairman/CEO. "This product is an exciting stand-alone in a very dominant market."
As promised, this fall debuts a busy schedule of product commercials and advertisements featuring Snorenz(R), Painenz(R), Good Nights Sleep(R) and Fabulust(R). "While it is impossible to predict with certainty the actual results of these campaigns, I expect to see very positive revenue flow resulting from these past months of preparations," said Paul S. Mitchell, President and COO.
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. Fabulust(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 statement 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, Florida Paul Kravitz, 561-750-1100
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Related Quotes Sym. Price Chg. MGEN Trade News 0.0003 0 Med Gen Reports 191% Increase in Year to Date Revenue
Dec 3, 2007 08:00:09 (ET)
BOCA RATON, Fla., Dec 03, 2007 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade ), 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."
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. Fabulust(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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