Emergent Health Corp. (EMGE) Reports Further Progress
30 November 2009 - 2:00PM
Business Wire
Emergent Health Corp. (Other OTC: EMGE) Emergent (the “Company”)
is pleased to report approximately 90% revenue growth for the first
three quarters of 2009 ($160,101.90) compared to the first three
quarters of 2008 ($83,400.40). Projected earnings per share for the
three quarters before income taxes are $40,108.15 (25% of revenue)
or $0.002 per share. The Company believes up to 25% profitability
could be ongoing with revenue growth.
The Company introduced its new improved Vita-Stim™ Stem Cell
Nutrition formulation this quarter and expects product acceptance.
Developmental sales of this product were made this month for export
to two countries in a test market of 1048 units.
American Wellness Care, with distribution rights to Neuvitale™
Life Support to Physicians in metropolitan New York City and
certain surrounding counties, has completed a reorder this month to
maintain distribution rights.
The Company expects to be making some important announcements
over the next 30 to 90 days relative to Board of Director and
Scientific Advisory Board expansion with key people. The Company
also continues to seek corporate and stock-trading transparency in
positive ways.
About Emergent Health Corp.
Emergent Health Corp., a diversified biotechnology firm, is
focused on the health and wellness industry. Using
patented and patent pending nutritionally designed products,
Emergent believes it is positioning itself as a leader in the field
of Regenerative Medicine as defined by the National Institute of
Health.
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This press release contains certain "forward-looking"
statements, defined in the United States Private Securities
Litigation Reform Act of 1995, that involve a number of risks and
uncertainties. Statements, which are not historical facts, are
forward-looking statements. The company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are estimates reflecting the company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements. It is impossible to identify all such factors, factors
that could cause actual results to differ materially from those
estimated by the company.
This press release is provided for information purposes only and
is not intended to constitute an offer to sell or a solicitation of
an offer to buy securities.
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