Letter from Founder of DS Healthcare Group (DSKX) - Revised Tender Offer Terms, Shareholder Update, and Support for Transaction
DS HEALTH CARE GROUP (DSKX)
US:NASDAQ Investor Relations:
sec.gov/archives/edgar/data/1463959/000155335016002864/dskx_ex99z1.htm
Company Research
Source: GlobeNewswire
Pompano Beach, May 15, 2018 (GLOBE NEWSWIRE) -- MIAMI, May 15, 2018 (GLOBE NEWSWIRE) - A shareholder action group along with founder of DS Healthcare Group (DSKX), today issued the following letter to shareholders. Dear Fellow Shareholder, In a recent press release, Medilogistics Corp. announced a tender offer to purchase all outstanding shares of DS Healthcare common stock. Following this announcement, Medilogistics made arrangements to improve the terms of the offer in order to insure a substantial recovery for DS Healthcare shareholders. Subsequent to DS Healthcare’s delisting from the NASDAQ, Khesin has taken steps to protect shareholders and recover losses sustained in the events following a series of false press releases set in motion by former legal counsel. This included some of the following: 1) In an effort to revitalize the company and restore shareholder confidence, Khesin retained Yasuhiro Fujiwara as the new Chief Executive Officer (former
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