Wednesday, March 2, 2005 | 11:08 a.m.
DaVinci-Franklin Fund announced today that it has invested in a local pain-relief treatment center in Las Vegas.
Medsonix Inc., a center that uses sound waves to relieve pain and improve chronic health conditions, said DaVinci's $250,000 investment would help it expand and become publicly traded.
"There is nothing more important in life than family and health," DaVinci chairman Robert Maheu said in a statement. "Medsonix's system is amazing and provides remarkable results for numerous aches and pains and circulatory problems."
Medsonix Chief Executive Alphonse Cassone said he is looking at opening additional locations in Henderson and Southern California and is filing the papers for his company to become publicly traded. Medsonix is located at 2626 S. Rainbow Blvd., Suite 109.
Cassone discovered the potential healing power of sound waves when he was extracting black sand from a mine nine years ago. Since then, he has completed dozens of trials using the patented Cassone Transducer and registered the device as a Class I medical device with the Food and Drug Administration.
The firm is working with insurers to get the treatments covered under health plans.
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