Caroline
03-23-2006, 09:12 AM
FGNL Feelgoods International Ltd. Announces Stock Split and New Symbol, FGNL
Market Wire - March 23, 2006 8:38 AM (EDT)
ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- Mar 23, 2006 -- Feelgoods International Ltd. (OTC: FGNL), a Company that offers a complete food/supplement in-store franchise to European pharmacies, announces a forward stock split of five new shares for each one share presently held by investors. The Company has begun trading under its new stock symbol, FGNL.
"Management believes that the forward split of our stock is the best method to make our shares accessible to the average investor by lowering its price and increasing liquidity. We believe the new share price is commensurate with the Company's growth stage and should provide a good opportunity for investors," stated Marcel Maurer, CEO of Feelgoods International Ltd.
About Feelgoods International Ltd. -- Based in Zurich-Kloten, Switzerland, Feelgoods International Ltd. deploys a unique franchise system. The system offers new business opportunity for thousands of European Pharmacies. The franchise package produces revenue from a Pharmacy's existing customer traffic. The Feelgoods' model incorporates easily into a Pharmacy's existing floor space producing a self-contained business or "shop within a shop." Feelgoods' focus is on products that complement a pharmacy's traditional goods. The complementary line includes alternative medications, nutriceuticals, lifestyle products and bio cosmetics. Baby foods and bio foods are also offered for special needs. The franchise concept is anchored by a highly trained, professional staff. The staff provides expert advice concerning healthy lifestyle choices that are enhanced by using Feelgoods' products. A Feelgoods' franchise significantly increases a pharmacy's revenue by generating additional proceeds from the health food and supplement industry's growth. www.feelgoodsint.com
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
Contact:
Feelgoods International Ltd.
Investor Relations
866 THE APPL(E)
www.feelgoodsint.com
Market Wire - March 23, 2006 8:38 AM (EDT)
ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- Mar 23, 2006 -- Feelgoods International Ltd. (OTC: FGNL), a Company that offers a complete food/supplement in-store franchise to European pharmacies, announces a forward stock split of five new shares for each one share presently held by investors. The Company has begun trading under its new stock symbol, FGNL.
"Management believes that the forward split of our stock is the best method to make our shares accessible to the average investor by lowering its price and increasing liquidity. We believe the new share price is commensurate with the Company's growth stage and should provide a good opportunity for investors," stated Marcel Maurer, CEO of Feelgoods International Ltd.
About Feelgoods International Ltd. -- Based in Zurich-Kloten, Switzerland, Feelgoods International Ltd. deploys a unique franchise system. The system offers new business opportunity for thousands of European Pharmacies. The franchise package produces revenue from a Pharmacy's existing customer traffic. The Feelgoods' model incorporates easily into a Pharmacy's existing floor space producing a self-contained business or "shop within a shop." Feelgoods' focus is on products that complement a pharmacy's traditional goods. The complementary line includes alternative medications, nutriceuticals, lifestyle products and bio cosmetics. Baby foods and bio foods are also offered for special needs. The franchise concept is anchored by a highly trained, professional staff. The staff provides expert advice concerning healthy lifestyle choices that are enhanced by using Feelgoods' products. A Feelgoods' franchise significantly increases a pharmacy's revenue by generating additional proceeds from the health food and supplement industry's growth. www.feelgoodsint.com
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
Contact:
Feelgoods International Ltd.
Investor Relations
866 THE APPL(E)
www.feelgoodsint.com