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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Simulated Environment Concepts Inc (PK) | USOTC:SMEV | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.007 | 0.0047 | 0.007 | 0.007 | 0.0054 | 0.0054 | 168,000 | 21:02:11 |
"The opportunities unveiling have presented much greater possibilities then we initially imagined for SpaCapsule," stated Dr. Ilya Spivak, Marketing Director of Simulated Environment Concepts (SE Concepts) and Co-Inventor of the SpaCapsule. "The scope of our business strategy is evolving to a higher echelon of business; affording us the ability to employ a more aggressive business model. Doing so will generate substantially greater revenues that will not only be residual and accretive, but likely outpace the basic sale of units by many multiples; even if selling thousands of machines each year. By the time we're ready to 'up-list,' we could very well resemble a couple of very healthy franchise enterprises such as Massage Envy."
The Body Slimming Study conducted by the Dermscan Group was initially released by SE Concepts in a two page summary. This approach left out many details, including key data components and scientific conclusions, as well as 'before-and-after' images. People close to the matter indicated SE Concepts desired to keep the particulars confidential until the company felt confident that it had a well enough lead over key competitors and was able to determine how best to capitalize on the findings. In anticipation of key announcements, which may speak to where the study's results may ultimately lead the company, management deemed it suitable for the study to be made available to all interested investors.
"Remember, within weeks of the study's completion, purchase orders increased within the fitness arena and a glut of opportunities began presenting themselves -- especially in the area of franchise -- and we're already setting our sights on a second more detailed scientific study," continued Dr. Spivak.
"Obesity is at the forefront of many health discussions and there is an obscene amount of money spent on weight loss equipment, work out plans and fitness professional services each year. Capitalizing on the significant weight loss and cellulite reducing attributes of the SpaCapsule -- medical grade equipment offering a host of physical therapies -- may prove to be as easy as laying in a unit, closing your eyes and relaxing," concluded Dr. Spivak.
Management indicated that investors can expect access to the full Dermscan study within the month.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (PINKSHEETS: SMEV) is an industry leading manufacturer and developer of cutting edge medical, health and wellness equipment promoting relaxation, physical rehabilitation, weight loss, slimming and cellulite reduction.
SE Concepts was established in 2000 by doctors dedicated to advancements in medical technology and aesthetics. Its flagship product, SpaCapsule®, which is currently distributed in over 37 countries, is a robotic massage therapy system used for medical rehabilitation, relaxation, weight loss, slimming, cellulite management and general wellness.
For more information on SE Concepts, SpaCapsule®, PTjetCapsule™ and Celude Laboratories™ products you can visit the company's product website at www.spacapsule.com, the corporate website at www.seccorporation.com, the corporate blog at http://www.spacapsule.wordpress.com, facebook at http://www.facebook.com/SpaCapsule or request more information via email at ir@spacapsule.com, or call at (888) 757-0797 or (305) 651-9200.
Contact: Simulated Environment Concepts Allen Licht Investor Relations Department (888) 757-0797
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