Immudyne Retires 1.136 Million Shares - Planning Additional Purchases

Florence, Kentucky. September 29, 2011. Immudyne, Inc. (Pink Sheets: IMMD) a leading industry provider of all-natural products for immune system support from yeast beta-glucan, is pleased to announce the retirement of 1,136,842 shares of the Company’s common stock purchased in a recent private transaction. Mark McLaughlin, CEO of Immudyne stated, “The retiring of these shares is part of ongoing efforts to enhance the value of our long-term shareholders’ ownership in Immudyne. With only 24.5 million shares currently outstanding, and virtually no company debt, our capital structure accommodates future growth both organically and through strategic opportunities.”

Immudyne Taps Industry Veteran As Director Of Product Development

Florence, Kentucky, September 21, 2011. Immudyne, Inc. (Pink Sheets: IMMD) the world's leading research and production firm specializing in immune system support compounds based on Beta Glucan derived from baker's yeast, announced today that it has appointed Jim Roufs as Director of Product Development. Mr. Roufs brings more than twenty years of industry experience in the dietary supplement field to augment Immudyne's research and production team. He previously led New Product Development for more than seven years for the world's largest dietary supplement brand, where he participated in developing and launching numerous products with multimillion dollar annual revenues. Mr. Roufs activities will be focused on food and beverage applications for Immudyne's premier Beta Glucan product, as well as dietary supplements for immune system support and athlete training aids.

UltraPure Beta Glucan: clinically-effective, safe, extremely stable

Stock quote

The current stock quote and percentage change for Immudyne Inc. shares (IMMD):

Latest News

Immudyne Retires 1.136 Million Shares - Planning Additional Purchases

Immudyne Taps Industry Veteran As Director Of Product Development

Newsletter

Top Links

ImmuDyne Share

Stock quote

ImmuDyne Share