GENELINK FEATURED IN MID-WEEK COMMENT EDITORIAL
December 11, 2002
MARGATE, NJ - (Business Wire) - Dec. 11, 2002 -- GeneLink BioSciences, Inc. (OTC BB:GNLK-
News) is featured in Larry Oakley's Mid-Week Comment editorial at www.WallStreetCorner.com.
Oakley pointed out that GNLK has developed three different marketing channels:
(1) Direct to consumers through a license to its first direct to consumer
company; (2) Over the counter sales through licenses to companies that
sell their products through retail stores; & (3) Sales to licensees
that sell cosmetic & nutritional products to physicians.
Commenting on the first significant quarterly revenue, Oakley said: "The
Q3 revenue constituted initial orders from distributors in these
three channels. As one example, one of the over the counter licensees
sells a skin cream. The customer who buys the cream will get a DNA
collection kit with simple instructions plus a convenient way to
send the easily collected sample to GNLK's facility for analysis.
The results are sent by GNLK to the licensee & are used to prepare
an individual formulation of skin cream specifically for that customer.
"As sales of GNLK's DNA Collection Kits, plus GNLK's subsequent
analysis service are made to licensees that expand their reach nationally,
this special situation will, in my opinion, be generating very attractive
profits. A good portion of those profits will be in the form of royalty
income on the analysis service. I particularly like royalty income,
because almost 100% of it jumps right to the bottom line.
"I strongly suggest you look into this situation. It's one of the
few I've found that has really outstanding long-term appreciation
potential, & it's now at the beginning of its growth period."
About WallStreetCorner: www.WallStreetCorner.com
was formed three years ago as a venue for Larry Oakley's Conservative
Speculator newsletter, published since 1987. It and its three associated
editorial columns at WallStreetCorner are now regularly read by investors
and financial professionals in 61 countries.
About GeneLink: www.genelink.info.
GeneLink BioSciences, Inc., a pioneer DNA banking and hereditary genetic information
service has developed a proprietary method for genetic assessments
(patents pending) and has begun to license these breakthrough nutragenetic
and dermagenetic profiles to companies that market or manufacture
products for the $100 billion plus skin care, nutritional supplement
and health care industries.
Forward-Looking Statements: This press
release contains certain forward-looking statements within the meaning
of section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. With the exception of historical
information contained herein, the matters discussed in this press
release involve risk and uncertainties. Actual results could differ
materially from those expressed in any forward-looking statement.
GNLK disclaims any intention or obligation to revise any forward-looking
statements whether as a result of new information, future developments
or otherwise.
SOURCE:GeneLink BioSciences, Inc.
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