DS HEALTHCARE GROUP, INC. (NASDAQ:DSKX) Files An 8-K Other EventsItem 8.01 – Other Events
After due deliberation, the Board of Directors of the Company decided not to appeal the Nasdaq Hearing Panel Delisting decision received December 21,2016. Notwithstanding the foregoing, the Board determined to seek the Company’s common stock to be listed on either the OTCQX or the OTCQB markets. In addition, the Board has authorized management to seek other listing venues for the Company’s securities.
Item 9.01 – Financial Statement and Exhibits
(d)
Exhibits
99.1
Press Release issued December 29, 2016
About DS HEALTHCARE GROUP, INC. (NASDAQ:DSKX)
DS Healthcare Group, Inc., doing business as DS Laboratories, is a personal care, product development and marketing company. The Company develops and markets branded personal care products that address thinning hair conditions, skin care and other personal care needs. It develops technologies and products for hair care and personal care needs. Its technologies include Liposome Technology, which acts as a carrier agent, and is designed to enhance the act ion of the active ingredients in its products, and Nanosome Technology, which acts as a delivery vehicle, and is designed to infuse active compounds into targeted cells. The Company products are primarily sold under its DS Laboratories brand. It also sells certain products under its Polaris Labs and Sigma Skin brands. It markets and sells these products through salons, spas, department stores, specialty retailers and distributors. The Company offers products under three product categories: Hair Care, Skin Care and Personal Care. DS HEALTHCARE GROUP, INC. (NASDAQ:DSKX) Recent Trading Information
DS HEALTHCARE GROUP, INC. (NASDAQ:DSKX) closed its last trading session at 0.660 with 102,094 shares trading hands.