KollagenX Corp (OTCMKTS:KGNX), a development stage skin care company strongly believes in the idea of keeping its shareholders up-to-date. Resultantly, the company’s shareholders continue to hear one or the other developing story with respect to it. The latest news comes today as the company announced that it will exhibit the complete collection of 24K Nano Gold products at the Premier Day Spa Show in Orlando, Florida.
Participating at Premier Day Spa
The company is confident that such exhibition will help it garner customer’s interest and will help the purpose of retail purchase and demonstration. Moreover, the company will brief the attending customers about its upcoming products and additions to the collection. The Premier Day Spa will be held in between May 30-June 1, where more than 170 professional classes will be present. The company’s presence at the event marks its fifth year at the show.
Earlier, KollagenX Corp (OTCMKTS:KGNX) had proudly announced the expansion of its corporate office located in Chino Hills, CA. The expansion came as the company realized that it needs to align its office to suit the retail clientele. Moreover, the company deemed it fit in order to offer a more personal touch to the visiting customers, which otherwise is missing if the expansion is done other than the existing office area. Also, the company added a new location to take care of the small shipments from its premises. Meanwhile, the company will continue to ship bulk products from their existing facility in Chino Hills, CA.
Financial position
Still investors cannot overlook KollagenX Corp (OTCMKTS:KGNX)’s financial standing amid these set of developing stories. As per the financial report released for the quarter period ended on December 31, 2014, the company lacked any revenues. The company’s current assets came at $255,916 while its cash balance as on the date stood at $17,933.
The stock of KollagenX Corp (OTCMKTS:KGNX) was down by 13.48% to $0.450 during the previous day, but it gained back 7.76% in after-hours. The average volume of shares on the day was 37,512.
