MedCare Technologies, Inc.
A Utah Corporation
Common Stock, $.001 Par Value Offering Price $0.15 per Share
MEDCARE TECHNOLOGIES, INC., a Utah Corporation (the "Company") is offering up to 4,200,000 shares
of its common stock, $.001 par value per share (the "Shares"), on a "best efforts" basis, pursuant to the terms of
this Disclosure Memorandum ("Memorandum"). (See "OFFERING").
The Shares are being offered pursuant to an exemption provided by Rule 504 of Regulation D promulgated under
the Securities Act of 1933, as amended. The Shares are not registered for sale under the securities laws of any
PRIOR TO THIS OFFERING THERE HAS BEEN A LIMITED AND SPORADIC PUBLIC MARKET
FOR THE COMMON STOCK OF THE COMPANY AND THERE CAN BE NO ASSURANCE THAT A
MORE ACTIVE MARKET WILL RESULT FOLLOWING THE SALE OF THE SHARES OFFERED
HEREBY OR THAT THE COMMON STOCK CAN BE SOLD AT OR NEAR THE OFFERING PRICE.
SEE "PRICE RANGE OF COMMON STOCK." THE OFFERING PRICE HAS BEEN ARBITRARILY
DETERMINED BY THE COMPANY BASED UPON WHAT IT BELIEVES PURCHASERS OF
SPECULATIVE ISSUES WOULD BE WILLING TO PAY FOR THE SECURITIES OF THE COMPANY
AND BEARS NO RELATIONSHIP WHATSOEVER TO ASSETS, BOOK VALUE OR ANY OTHER
ESTABLISHED CRITERIA OF VALUE. THIS IS NOT A BLANK CHECK/BLIND POOL OFFERING.
THE COMPANY INTENDS TO PURSUE THE BUSINESS ACTIVITY DESCRIBED HEREIN.
PURCHASE OF THE SHARES IS HIGHLY
SPECULATIVE AND SHOULD NOT BE UNDERTAKEN BY ANYONE NOT CAPABLE OF
SUSTAINING A TOTAL LOSS OF HIS OR HER INVESTMENT.
Total Maximum: (4,200,000) $630,000 -0- $630,000 (1)
(l) Does not include approximately 530,000 to cover offering expenses.
MedCare Technologies, Inc. 1404-400 Burrard Street Vancouver, BC V6C 3G2
The date of this Disclosure Memorandum is August 31, 1995
THE SHARES ARE OFFERED BY THE COMPANY THROUGH ITS OFFICERS AND DIRECTORS
ON A "BEST EFFORTS" BASIS. NO COMMISSIONS WILL BE PAID TO SUCH OFFICERS OR