On August 19, 2008, Dr. Richard Amy, resigned as President, Chief Executive Officer and Secretary as well as from the board of directors of Applied Wellness Corp. On August 19, 2008, James W. Fuller, resigned from the board of directors of the Company. On August 19, 2008, Peter Umbrianna, Jr., resigned from the board of directors of the Company. On August 19, 2008 Henry Val was appointed as the Chief Executive Officer, President, and Secretary.

Applied Wellness Products Inc. reported the release of its proprietary nutritional skin patch for neutralizing toxins and helping to fight the war on aging. The soon-to-be sold anti-aging patch is one of several transdermal patches Advanced Wellness plans to bring to market in coming months. The company believes it is uniquely poised to capitalize on the rising use of such patches based on its management's experience in the industry and on the quality of the products it has for sale. A new trend in the use of transdermal patches is emerging within the health sciences and Applied Wellness aims to be among the leaders in the field. Consumers are now using transdermal herbal and nutritional delivery patches to help fight body issues such as the aging process. These herbal and nutritional patches release active ingredients into the skin more efficiently than other applications and have longer lasting results.

The common stock of Applied Wellness Corporation has been deleted from OTC Bulletin Board effective May 30, 2008, on account of its failure to comply with NASD 6530. The company has been added to Other OTC.