Wellness Center USA Inc (OTCMKTS:WCUI) has been moving steadily up in recent weeks of its base and support level at $0.10. When a stock such as WCUI heats up Investors pay attention especially when its at the bottom of its trading range.
WCUI has a long history of big volatility; since hitting the bb’s in early 2012 the stock ran from a start point of $0.25 to highs over $2 and quickly dropped from there. WCUI started off 2013 with a bang again running from its $0.25 base back up well over $1.25.
Wellness Center USA Inc (OTCMKTS:WCUI) is an alternative healthcare, medical device solutions and online nutraceutical sales company. It was created to address important healthcare and wellness needs; through break-through solutions, centered on the “well-being of the body and mind”. Wellness Center USA, Inc.’s business units are:
WCUI subsidiary Psoria-Shield Inc – PSI is a Tampa, FL based developer and manufacturer of UltraViolet (UV) phototherapy devices for the treatment of skin diseases. PSI’s flagship product “Psoria-Light®”, is the first deep UV LED “Targeted Phototherapy” device to effectively treat Psoriasis, Eczema, Alopecia Areata, Vitiligo and other ultraviolet-treatable skin diseases affecting an estimated 11% of the world population.
Psoria-Light® is an FDA cleared, CE marked, Class II Medical device, developed and produced at PSI’s FDA-registered manufacturing facility in Tampa, Florida, under its ISO 13485 certified quality system. The Psoria-Light platform is expandable, allowing the development of additional hand-pieces to treat a myriad of other dermatological disorders, utilizing light sources ranging from LED to Laser.
According to Biotechstockreview Psoria-Shield is a device designed to treat people suffering from Psoriasis. The device sells for near $60,000 and is ultimately targeted to the thousands of Dermatologists who treat patients for Psoriasis (and there are millions suffering, including Kim Kardashian, as recently reported in the news).
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WCUI other business includes: Stealth Mark Holdings, Inc. a global product authentication solutions provider that offers the most advanced product security technologies available today within the security and supply chain management vertical sectors. Stealth Mark® solutions are based upon encrypted microparticle technology, state-of-the-art printing technologies, and a reader that can be used with iPhone and other smartphones.
National Pain Centers, Inc. is an Illinois based company that focuses on diagnosis, treatment, research, advocacy, education, and setting standards and protocols within interventional and multi-modal pain management. NPC manages Interventional Spine and Pain procedures that include Epidural Steroid Injections, Selective Nerve Root Blocks, Facet Joint Medial Branch Injections, Radiofrequency Ablation, Sympathetic Blocks, Spinal Cord Stimulators, Percutaneous Discectomy, and Discograms.
On November 24 WCUI provided an update on Psoria-Shield’s (PSI) November shipments of its flagship product, Psoria-Light® (PL 1000), to targeted dermatology markets in Boston, Philadelphia, Houston, Minnesota, and North Carolina. This follows earlier shipments to the Miami, Cleveland, Chicago, and New York dermatology markets.
It is anticipated that by Q1 2016, Psoria-Shield, Inc. will have secured exclusive representation in all primary and secondary US markets through tenured dermatology sales representatives. PSI’s present focus is to establish a strong foundation consisting of Key Opinion Leaders (KOLs) to represent the Psoria-Light® in their respective regions, which will form an identifiable brand image for the company and its flagship product.
According to WCUI Sales channels are also being established internationally within Canada, Mexico, Latin America, Asia, Europe, and Africa. By December 2015, PSI will have seasoned executives active in the Latin American, Canadian, and Asian dermatology markets.
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Currently trading at a $7 million market valuation WCUI has minimal assets and rising short term debt as well as small but growing revenues. But WCUI is an exciting story developing in small caps backed up by good science and a flagship product, Psoria-Light® (PL 1000) that is just starting to ship now as well as a serious management team WCUI has all ingredients in place from something big. We will be updating WCUI as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with WCUI.
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Disclosure: we hold no position in WCUI either long or short and we have not been compensated for this article.