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UNIVERSAL SELF CARE COMPLETES PUBLIC OFFERING

 VAN NUYS, Calif., Dec. 11 /PRNewswire/ -- Universal Self Care, Inc. (NASDAQ: USCIU), announced today the completion of its $4,745,000 public offering through the underwriting firms of Westfield Financial Corporation, Lew Lieberbaum & Co., Inc., and Tamaron Investments, Inc.
 The offering consisted of 520,000 units at $9.125 per unit. Each unit consists of three shares of common stock and three redeemable warrants. Two A warrants each to purchase one common share at $3.30 and one redeemable B warrant to purchase one common share at $4.50. The shares trade under the NASDAQ symbol USCIU.
 Universal Self Care, Inc., through its subsidiary, The Sugar Free Centers, Inc., operates five walk-in diabetes centers and provides counseling services and supplies and distributes prescription and non- prescription medications and food products to persons suffering from diabetes.
 -0- 12/11/92
 /CONTACT: Damon Testaverde, 718-317-7746, or Howard Bronson, 212-867-6160, both for Universal Self Care/
 (USCIU)


CO: Universal Self Care, Inc. ST: California IN: HEA SU: OFR

PS-GK -- NY041 -- 6266 12/11/92 13:20 EST
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Publication:PR Newswire
Date:Nov 13, 1992
Words:173
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