Emergent Health Corp. Announces New Shareholder Update
27 März 2014 - 2:00PM
In December 2013, Emergent Health Corp. (Pink Sheets:EMGE) (the
"Company") announced there exists an agreement of sale executed on
November 12, 2013 by its controlling shareholder for Company
control to be passed on to a controlling shareholder group
including Clover Capital and Parcae Capital Corp.
The Company is pleased to communicate key points which are
important to its shareholders as it continues the due diligence
process with Clover Capital and Parcae Capital. The Company is debt
free and has liquid assets, including inventory, in excess of
$1,000,000 on its balance sheet. Sales have grown from $23,000 in
2007 to $2,083,000 in 2012. Cumulatively, from 2007 inception
through 2014 to date, sales are over $5,000,000.
The Company believes it has proven the concept its products can
be sold in the network marketing space. The Company intends to
improve its infrastructure by investing in added informational
technology to support and better serve its network marketing
business and members.
With the potential for new management and additional capital,
the Company anticipates an ability to expand its network marketing
presence. The Company plans on adding two new channels to its
distribution, retail and infomercial. The Company also expects to
complete rebranding of its line of product as well as adding a new
product in the cancer nutritional supplementation market.
The Company is pleased with the progress to bring itself into
full disclosure compliance with the Securities & Exchange
Commission by working to complete a three year audit. The current
intention is to file a Form 10 as a next step and then raise
sufficient capital to enable immediate and future growth plans
through an S-1, Regulation D or other appropriate offering.
About Emergent Health Corp.
Emergent Health Corp., a diversified biotechnology firm, is
focused on the health and wellness industry. With
licensed 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.
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.
CONTACT: Emergent Health Corp.
484-518-9000
Emergent Health (PK) (USOTC:EMGE)
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