MIAMI, Feb. 1, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Medical Makeover Corp. of America (OTCBB:MMAM), Rite Aid Corporation (NYSE:RAD), Ligand Pharmaceuticals (Nasdaq:LGND) and LSI Logic Corporation (NYSE:LSI).
Medical Makeover Corporation of America (OTCBB:MMAM) recently issued a press release that may get investor's attention. The company announced an update to activities currently underway which position the company to achieve its 2005 operational and financial targets. The company's stock closed yesterday at twenty four cents a share.
The press release stated that the company is on target to establish an entirely non invasive, medical grade, aesthetic improvement center in the Aventura, Florida area in the first quarter of 2005. This center, expected to operate in a facility of over 7,000 square feet, will offer many of the physician based services and private label products Medical Makeover has to offer.
Dr. Harry Glen, Medical Makeover Corporation COO and Chief Medical Officer said: "With the capacity to immediately begin delivering on site physician based services, we can significantly expand the treatment programs offered to patients today. This active client base of over 4000 provides us with tremendous opportunity to cross market services among clients of all our acquired companies. Like never before, we will offer comprehensive treatment programs and private label products that will maximize the results of our services. Our proprietary delivery system will provide these services in an extremely efficient and pleasing manner unprecedented in the health care industry. We have also initiated talks with various research scientists to develop new products that we plan to offer in our Aventura center. The safe, non-invasive nature of these products will enable us to offer them expeditiously to our patients."
About Medical Makeover Corporation of America. Medical Makeover Corporation of America is incorporated under the laws of the State of Delaware. 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: Rite Aid Corporation (NYSE:RAD) up 0.5% on 4.8 million shares traded, Ligand Pharmaceuticals (Nasdaq:LGND) down 0.1% on 1.4 million shares traded and LSI Logic Corporation (NYSE:LSI) up 4.9% on 6.3 million shares traded.
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