FORT LEE, NJ--(Marketwired - Mar 27, 2014) - Herborium® Group, Inc. (OTC Pink: HBRM) (
In addition to continuously growing domestic sales, in January Herborium's one of a kind all herbal acne treatment AcnEase® became acne product of choice in France and was endorsed by the top beauty and fashion guru Colane on her blog Et Pourquoi Pas Coline. The company has also completed a design and manufacturing of a new label for AcnEase and launched an updated website www.acnease.com as well as its UK, EU and Spanish language counterparts. The Mobile version of www.acnease.com is to be launched in April 2014.
In the first quarter the Board of Directors and majority shareholders have also authorized a reduction of the Company's dept by $1 million dollars by converting a substantial portion of managements' accrued salaries, disclosed as liabilities on the balance sheet of the Corporation, at a conversion rate which represented an over 60% premium price over the public market price at the time.
All the above developments put the Company closer to executing the up listing plan announced in 2013.
About Herborium Group, Inc.
Herborium Group, Inc., a Botanical Therapeutics® company, focuses on developing, licensing, and marketing proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company uses clinical validation to establish and maintain a differential advantage, and sells its products in the US and Europe. For more information, please visit www.herborium.com, and www.acnease.com.
- Investment & Company Information
Herborium Group, Inc.