MDEChem to Hold Annual Meeting and Give a Maxheal Update
10 May 2005 - 3:39AM
Business Wire
MDEChem, Inc. (PINK SHEETS: MDKM) a research and development
company is pleased to announce that it will be holding its Annual
Meeting on May 20th at the Comfort Suites Hotel in Houston
(Richmond & Fountainview Drives) 713-787-0004. The meeting is
open to all shareholders and is scheduled to start at 9:00AM and
end at 11:30AM. The Company intends to update shareholders as to
the progress that is being made with various aspects of the
business including an update on EnviroFuels L.P. sales, marketing
and testing efforts. Director nominations and the election of
Directors will take place at this meeting. The Company is on track
to commence the marketing of its Maxheal product line in the United
States. The Maxheal line of products has been registered and
marketed in Costa Rica for the past 5 years. 5 years is a benchmark
requirement for OTC products in order to be marketed in the United
States. Maxheal is an anti-bacterial and wound healing agent used
in first aid occurrences. It has been marketed through MDEChem's
Costa Rican subsidiary, Med Quimica S.A. of San Jose, Costa Rica.
Clinical studies currently under way by Dr. Enrique Feoli continue
to yield support to the "proof of concept" on the potential use of
MDECHEM's active ingredient for asthma control, sports medicine and
for periodontal uses. This Maxheal can be found in the main
pharmacies of Costa Rica and some other niches. The Maxheal has
gained a favorable presence in the marketplace and a solid
reputation of being a high quality and very efficacious product.
MDEChem is currently reworking on the Maxheal website. The website:
www.maxhealcr.com will be posted by June 10th, 2005. The site will
be in English and Spanish. MDEChem and its Directors appreciate the
continued patience of its shareholders during the time it has taken
to market the results of its Research & Development (R&D)
efforts. NOTE: Safe Harbor Statements may contain "forward looking
statements" under the Private Securities Litigation Reform Act of
1995. This announcement may contain "forward looking" statements.
Although we believe that the statements contained herein are
reasonable, no assurance can be guaranteed as to their accuracy,
authenticity or prove correct. Always consult an Investment Advisor
prior to investing.
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