MIAMI, Jan. 12, 2005 (PRIMEZONE) -- Stock Market Alert`s watch list includes: Medical Makeover Corp. of America (OTCBB:MMAM), Aastrom Biosciences, Inc. (NASDAQ:ASTM), Microsoft Corporation (NASDAQ:MSFT) and Oracle Corporation (NASDAQ:ORCL).
Medical Makeover Corporation of America (OTCBB:MMAM) recently issued a press release that may get investor's attention. The company announced that it has signed Letters of Intent to purchase 100% of the assets of two existing aesthetic services companies, Aventura Electrolysis and Skin Care, Inc. and EliteSpa, Inc., both of which are Florida corporations. The company's stock closed yesterday at twenty one cents a share.
Investors will want to read yesterday's press release in detail as the company is expecting huge financial results should this materialize. The press release stated each of the transactions are anticipated to close on February 15, 2005, and are subject to Medical Makeover completing its due diligence and the execution of a definitive Purchase and Sale Agreement.
MMAM President and CEO Randy Baker said: "Our strategy includes expansion into targeted markets through the acquisition of successful companies with a reliable revenue base, a loyal client following and a diverse mix of services. Our projections include marketing to clients currently receiving non medical aesthetic procedures and introduce them to physician based treatment programs that we believe will be more effective for them as well as more profitable for the company."
About Medical Makeover Corporation of America. - The company provides medical grade "makeover" treatments in under an hour with a strong consumer-directed focus utilizing non-invasive technologies. Each center specializes in a wide variety of cosmetic procedures including treatments for wrinkles, enlarged pores, skin discoloration, unsightly blood vessels, sagging skin, unwanted hair, scars, cellulite, and acne with a focus on making the service delivery experience enjoyable and gratifying. MMAM is engaged in establishing a chain of these new generation aesthetic care centers throughout the United States and Canada.
Other Stocks of interest yesterday were: Aastrom Biosciences, Inc. (NASDAQ:ASTM) up 8.4% on 39.3 million shares traded, Microsoft Corporation (NASDAQ:MSFT) down 0.2% on 65.7 million shares traded and Oracle Corporation (NASDAQ:ORCL) up 0.08% on 63.9 million shares traded.
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