Simulated Environment Concepts, Inc. (SMEV.PK) Announces Major Cost Reduction Initiative
Simulated Environment Concepts (SE Concepts), makers of the high pressurized dry water massage and relaxation station SpaCapsule, announced this morning its long anticipated plans of making an investment into the production process to significantly reduce the cost of manufacturing, thereby strengthening cash flow and profitability. According to the press release, execution may likely occur within the next few weeks. “This will be an important benchmark for us,” commented Dr. Ella Frenkel, Chairman and CEO of Simulated Environment Concepts, Inc. (SE Concepts). “With a retail price tag north of $25k, if the cost of manufacturing the Spa Capsule was greatly lowered,…