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NuGene International Inc (OTCBB:NUGN) reported the addition of Jon’Ric International to its Elite Signature Salon Plan. The franchisor firm will commence actively promoting and offering NuGene’s products throughout its extensive worldwide network of dental, medical, wellness, and day spa salons and franchises.

The highlights

Jon’Ric International is a thirty-two year-old leading franchisor of fashionable specialty salon and spa experiences within the U.S. and internationally. For more than three decades, the firm has been a worldwide leader in wellness and spa innovation and is famous for offering only the highest quality and latest products and state-of-the-art services through its franchises.

The collaboration

NuGene and Jon’Ric were brought on the same platform by Kathleen E. Morton, PA-C. It belongs to the list of the longest tenured franchisees with the group. The head of the Jon’Ric franchise in Edmond, said that being a healthcare professional and a medical spa owner, the firm’s patients relies on them to get the absolute best products in the market. Their firm found NuGene and felt delighted to share the remarkable results with their other franchisees. The entire team is thrilled to offer the best products worldwide.

The expert speak

Dr. John Rando, the CEO and founder of Jon’Ric International, said that the clients and patients expect the best from them. They search the international markets in order to provide the latest and state-of-the-art medical-grade products to clients. NuGene has appreciably advanced hair and skin care technology and Jon’Ric clients will benefit by using the most unique products on the market. Dr. Thomas Taylor, the Medical Director of Jon’Ric, was extremely impressed with company’s stem cell technology.

In last trading session, the stock price of NuGene declined more than 10% to close the trading session at $2.55. The decline came at a share volume of 371,277 compared to monthly average share volume of 335,985.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.

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