HOFFMAN ESTATES, IL , March 09, 2018 (GLOBE NEWSWIRE) -- Wellness Center USA, Inc. (OTCQB: WCUI) is pleased to announce that its wholly-owned subsidiary, StealthCo, Inc., dba Stealth Mark, has joined the Industry Council for Tangible Assets (ICTA), the industry watchdog for the rare coins and precious metals industry. They will also serve on their Anti-Counterfeiting Task Force committee (ACTF).
The Industry Council for Tangible Assets (ICTA) is a 501(c)(6) nonprofit association dedicated to the rare coins, paper money, and precious metals industry for over 30 years. ICTA exists to promote and safeguard the interests of its members, serving as the industry watchdog to maintain an appropriate and favorable legislative and regulatory climate in the U.S.A. and all 50 states.
“Stealth Mark joining ICTA shows a commitment and the high priority they have in the fight against counterfeiting. We look forward to their involvement with ICTA and particularly their expertise on the ACTF”, stated Kathy McFadden, Executive Director for ICTA. She defined further that, “the Anti-Counterfeiting Task Force’s mission is to mobilize law enforcement to defend the nation’s coinage by educating officials about the economic impact and growing threat counterfeits pose to the marketplace and the public. It’s our mission to serve as the coin industry’s liaison with law enforcement and policy makers, assisting in the investigation and prosecution of suspects involved in all aspects of coin counterfeiting.”
Founded in January 2017, the ACTF also provides education, expertise, and other resources to law enforcement to assist in curtailing the manufacture, importation, marketing and sale of counterfeit coins, related fakes of precious metals products and counterfeit security packaging. For more information visit; www.ictaonline.org
“The coin industry is multi-dimensional with interest in both collectible and historic coins as well as bullion coins and bars for investment”, commented Lee Anne Patterson, VP of Sales and Marketing for Stealth Mark. She highlighted, “the counterfeiting concerns are global in scale. By working with the ACTF we will be able to assist ICTA members not only with our Intelligent Microparticle technology but through our ActiveDuty System™ that can map the behavior patterns of those that will do harm to the industry by de-valuing the market with counterfeits. We look forward to being of service to ICTA who is having a tremendous and positive impact on the industry.”
ICTA also provides a medium through which its members may confer, consult, and cooperate with and educate governmental and other agencies to achieve solutions to problems affecting their businesses. ICTA also offers its members assistance and information on new and existing laws and regulations, and promotes harmony and cooperation among its members to advance the welfare of the industry.
About ICTA
The Industry Council for Tangible Assets (ICTA) was created in response to federal legislation, passed in 1981, that removed tangible assets from individual retirement accounts (IRAs). Prior to 1981, investor portfolios could include many tangible assets – artwork, valuable rugs, antiques, and rare coins and precious metals. The federal legislation banning tangibles in investment/retirement accounts sneaked by the rare-coin and precious-metals community, which had no advocacy organization in Washington, D.C. ICTA was incorporated as a 501(c)(6) organization in July 1983, and in 1985 ICTA’s staff and board of directors began the work of restoring precious metals and coins as qualified investment products. Bullion products were successfully restored in 1997, and efforts to restore rare coins are ongoing. For the past 33 years, ICTA has been the voice of rare-coin and precious-metals dealers in Washington, and has served and continues to serve on many fronts as an advocate for dealers on the state and local levels.
About ACTF
ICTA’s board of directors approved the formation of the Anti-Counterfeiting Educational Foundation, the new non-profit for the purposes of receiving contributions from individuals, other 501(c)(3) organizations, local and regional coin clubs, grants, eBay for Charities, and government agencies to support the work and mission of the Anti-Counterfeit Task Force (ACTF), which is totally funded through donations from businesses and individuals.
About Wellness Center USA, Inc.
Wellness Center USA, Inc. (www.wellnesscenterusa.com) is a hybrid healthcare company that combines best in class technologies, software, devices, providers, protocols, goods, and services. It was created to address important healthcare and wellness needs via breakthrough solutions, all centered around the “well-being of the body and mind”. Wellness Center USA, Inc. is the parent company of two businesses reporting consolidated: Stealth Mark and Psoria-Shield.
Safe Harbor Statement:
Certain statements and projections contained in this presentation that are not statements or financial results of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements and projections include statements regarding any proposed exchange transactions, the anticipated closing date of such transactions and future results following a closing of the transactions. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “pending”, “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” While it is not possible to identify all factors, risks and uncertainties that might relate to, affect or arise from the proposed transactions and plans which might cause actual results to differ materially from expected results, such factors, risks and uncertainties include delays in completing the transactions, difficulties in integrating operations following the transactions, difficulties in manufacturing and delivering products, potential market rejection of products or services, increased competitive pressures, changes in general economic conditions, legislative and regulatory changes that adversely affect the business in which the parties are engaged, changes in the securities markets and other factors, risks and uncertainties disclosed from time to time in documents that the Company files with the SEC.