As reported on EarthTimes.



Caleco Pharma Corp. (www.calecopharmacorp.com) is pleased to announce that it has developed or in the process of developing its Natural Hair Care Products (LamiriShampoo, LamiriHair Conditioner, LamiriHair Tonic) and Natural Skin Care Products (LamiriGel and LamiriCreme). The formulations of these products are derived from the Company's proprietary technology that it refers to as the "Liver Health Formula". In connection with the development of these products, the Company has engaged Cosmetic Project Management, a Spanish corporation engaged in the business of the formulation, development and commercialization of cosmetic products, to assist it in formulating, developing and commercializing its Natural Hair Care Products and Natural Skin Care Products. In particular, Cosmetic Project Management has agreed to do the following:



(a) Produce samples for each of the Company's Natural Hair Care Products and Natural Skin Care Products.



(b) Provide the Company with a feasibility study on the Company's Natural Hair Care Products and Natural Skin Care Products.



(c) Design product packaging and develop an advertising plan for the Company's Natural Hair Care Products and Natural Skin Care Products.



(d) Assist the Company in selecting a manufacturer in order to ensure good manufacturing practice guidelines are met.



(e) Assist the Company in preparing and filing a product dossier for each of the Company's Natural Hair Care Products and Natural Skin Care Products.



In consideration for these services, the Company has agreed to pay EUR 20,100 to Cosmetic Project Management, of which EUR 10,050 has already been paid as a deposit. The balance of the payment is to be paid immediately prior to the production of the samples.