BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Life Stem Genetics, Inc. (OTCBB:LIFS) (the“Company”) announces the signing of a Letter of Intent (“LOI”) between Life Stem Genetics, Inc. and Dr. Iqram Rahman (“IR”) in Dhaka, Bangladesh.
The pending agreement between the parties will enable the Company to provide stem cell therapy to individuals who would derive benefit from such treatments using LSG’s procedures and practices. The addition of LSG’s therapies to the clinic’s existing line-up of wellness procedures will undoubtedly be a significant asset in attracting and retaining patients in this South Asian megacity of more than 15 million people - 9th largest in the world .
“This LOI represents another step forward in our company’s business plan to continue implementing our ASC therapy services in established clinics throughout the world,” commented Life Stem Genetics President and CEO, Gloria Simov. “Asia’s aging population as a whole presents numerous age-related health challenges, of which ASC therapies hold great promise, and we are excited to bring our stem cell treatment methodologies to this part of the world.”
About Life Stem Genetics
Life Stem Genetics ("LSG") is a progressive healthcare company focused on Adult Stem Cell (ASC) healing therapies. For decades, stem cells have been utilized in the successful treatment of a variety of ailments. Today, advanced ASC therapies are being offered to patients as an efficient and painless alternative treatment for a wide range of ailments including, but not limited to, orthopedic injuries, neurological disorders such as Parkinson's and Alzheimer's, cancer, arthritis, diabetes, multiple sclerosis, as well as age management. Adult Stem Cell therapies and LSG's proprietary techniques are experiencing some of the best results in the industry in helping to repair or reprogram damaged or diseased tissues and organs. Life Stem's ASC specialist has performed thousands of stem cell treatments including some of the top names in PGA golf, NFL football, NBA basketball, and Major League Baseball. LSG will offer its proprietary treatments through a series of affiliate doctors and medical clinics with 60 affiliated clinics thus far. LSG's mission is to develop a comprehensive approach to the treatment and maintenance of diseases while breaking free from the medical insurance maze by tapping into an affordable private-pay sector.
Contrarian Press, an established publisher, has been engaged by Life Stem Genetics to assist with identification of potential market participants who may be interested in learning more about the company and its securities. Updated disclaimer and disclosure information is available at the publisher's website and at the following link: http://www.contrarianwealthcoalition.com/guide/LIFS.pdf
A copy of LIFS logo is available at: http://www.lifestemgenetics.com/wp-content/themes/LifeStemGenetics/images/life-stem-genetics-logo.png
This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may", "could", "estimates", "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations, and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. Such risks and uncertainties include, without limitation, market acceptance of the Company's stem cell therapy treatment program; the Company's compliance with applicable statutes and regulations: the Company's reliance on third-party contractors to provide suitable treatment facilities; the Company's ability to expand its network of participating clinics and doctors; the Company's ability to develop an effective marketing strategy; the Company's ability to control and reduce advertising and marketing costs; the Company's ability to develop and increase awareness of its brand; the Company's ability to protect its trademarks; and the success of the Company's marketing focus to patients, doctors and clinics. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Description of Business" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.