Overview, company details, product information, news, events, rankings and Rep listings for AMS Health Sciences.
AMSOnline.com / AMS Health Sciences / Advantage Marketing Systems: The public MLM company filed Chapter 11 in 2007 and reorganized in 2008. The original corporate shell became SA Recovery Corp.; the nutritional-products/direct-selling business was sold and appears to continue as AMS Health Sciences LLC d/b/a Saba / Saba For Life.
Original Npros business profile for AMS Health Sciences, preserved below for archival purposes:
Advantage Marketing Systems markets nutritionals and personal care products. According to the AMS company history, Russian scientist Dr. Israel Brekman developed a formula consisting of adaptogens for use by athletes. AMS acquired the distrution rights of Dr. Brekhman's formula through the acquisition of former Home Shopping Network entrepeneur Roy Spear's company Life Science Technology in 2001.AMS launched The Prime One product series in the United States and Canada shortly after. They are listed on the American Stock Exchange under AMM.
Gary Hail, President and CEO
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AMS Health Sciences, an Oklahoma City-based marketer of diet and health aids, is seeking bankruptcy protection while it challenges a nearly $1 million jury award that the company concedes it cannot pay. A jury last month ordered AMS to pay $985,000 to the former owner of Heartland Cup, a Pontotoc County Styrofoam cup plant that AMS bought in 2005. The jury found AMS violated various agreemen...
NEW YORK, Nov. 9 /PRNewswire/ -- The American Stock Exchange LLC(R) (Amex(R)) announced today its final determination to remove the common stock (the "Securities") of AMS Health Sciences, Inc. from listing on the Exchange, and filed an application on Form 25 to strike the Securities from listing with the Securities and Exchange Commission (the "SEC"). The delisting will become effective on Novembe...
AMS Health Sciences Inc. is cleaning up its legal problems and its bottom line.The Oklahoma City marketer of diet aids, nutritional supplements and skin care products has settled two lawsuits and closed a lease/purchase agreement with a Texas company to take over an idled Pontotoc County Styrofoam cup plant AMS bought last year. AMS President Jerry Grizzle said the company's next goal is to ...
AMS Health Sciences, Inc. Completes $2,000,000 Private Placement OKLAHOMA CITY--(BUSINESS WIRE)--July 5, 2006--AMS Health Sciences, Inc. (AMEX:AMM) announced today the successful completion of a $2,000,000 private placement financing through the sale of Secured Convertible Notes and Warrants to Laurus Master Fund Ltd. The net proceeds of the funding will be used primarily for sales and marketing...
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