Therma-Med, Inc. Signs Letter of Intent to Acquire Bella Vita Chiropractic Clinic
05 Januar 2010 - 11:00PM
Marketwired
Therma-Med, Inc. (PINKSHEETS: THRA) has signed a letter of intent
with the Bella Vita Clinic to purchase 49% ownership of the clinic
located in the GTA of Ontario. The Company feels that the Bella
Vita Clinic would be an ideal candidate to participate in its
expanded business model of clinic ownership. The existing revenue
that the clinic is currently generating makes it a potential
candidate for Therma-Med to acquire. The opportunity to add a
revenue stream into the Company will open the doors for many
opportunities later on in the year. The Company intends to keep the
current clinic staff to ensure uninterrupted care for our patients.
At this time the Company has begun its due diligence on the
business model of Bella Vita and it is expected that within the
next 3 months we shall be positioned to determine our forward
progress with the clinic.
About Bella Vita Clinic:
The clinic has been in operations now for the last 7 years in
the Greater Toronto Area (GTA) and has approximately 1100 patients.
Recently the clinic has added to its chiropractic services a DITI
(Digital Infrared Thermal Imaging) service. "As a company, we're
focusing more on the opportunities to provide health care services
beyond the traditional medical approaches. By partnering up with
existing clinics we feel that this will provide a strong base for
future growth of our services and products to be provided in the
future, allowing an additional source of revenues," says President
Joshua Suarez. For more information about thermal imaging and the
services we provide, please visit us at www.therma-medinc.com
About Therma-Med, Inc.:
Therma-Med, Inc., through our highly specialized Thermal Imaging
and breakthrough alternative procedure clinics, is poised to become
a healthcare industry leading company providing the alternative
medicine approach to good health, as well as providing patients
with an adjunctive diagnostic procedure that effectively pursues
and exposes the benefits of early detection and prevention of
various medical conditions. Therma-Med, Inc. provides alternative
medicinal procedures, current medical support services and utilizes
thermal imaging systems that incorporate state-of-the-art infrared
technologies and proprietary software to accurately and
cost-effectively measure physiological changes in the human body
allowing patients of all walks of life access to a proactive form
of maintaining good health and quality of life through early
detection and prevention.
Cautionary Statement Regarding Forward-Looking Information:
Except for statements of historical fact relating to the
Corporation, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are
frequently characterized by words such as "potential," "estimate,"
"plan," "expect," "project," "intend," "believe," "anticipate" and
other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements are
based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking statements. The Corporation undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements.
For further information contact: Therma-Med, Inc. Corporate
Relations Group Inc. 1-888-323-0929
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