Natural Health Trends Corp. Stockholders Filed a Schedule 13-D/A

Rudy Ru
2007-03-02 17:11 2921

DALLAS, Texas, March 2 /Xinhua-PRNewswire-FirstCall/ -- Mr. Rudy Ru and a group of stockholders of Natural Health Trends Corp (the "company"; Nasdaq: BHIP), an international direct selling company, announced today that they filed an amended schedule 13-D/A on February 27, 2007.

The Item 4 section of the schedule 13-D/A filing is as follows:


Item 4 is hereby amended and restated in its entirety as follows:

As recently disclosed by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on February 26, 2007, Colin J. O'Brien, Terrence M. Morris and Stephanie Hayano have resigned from the Issuer's Board of Directors; Ms. Hayano has resigned as the Issuer's President and Chief Executive Officer; and Gernot Senke has resigned as the Issuer's Chief Operating Officer. In light of these changes, the Reporting Persons are pleased to announce that they now fully support the Issuer in its efforts to return to profitability.

The Reporting Persons believe that the Issuer still faces a number of challenges with respect to the Chinese market in which it does business, especially given that market's unique regulatory environment. The Reporting Persons, however, have confidence in the Issuer's management in the Greater Chinese market, currently represented by Mr. Curtis E. Broome.

The Reporting Persons otherwise acquired and continue to hold the shares reported herein for investment purposes. Depending on market conditions and other factors that the Reporting Persons may deem material to their respective investment decisions, the Reporting Persons may purchase additional shares in the open market or in private transactions. Depending on these same factors, the Reporting Persons may sell all or a portion of the shares on the open market or in private transactions.

Except as set forth in this Item 4, the Reporting Persons have no present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Act.

Media Contact:

Ms. Ling Chan

Tel: +852-3542-5667

Source: Rudy Ru