NHS Health Solutions, Inc. Provides Corporate Updates
August 24 2011 - 8:04PM
Marketwired
NHS Health Solutions, Inc. (PINKSHEETS: NHSH) is providing the
following corporate updates for shareholders. On August 21, 2011,
NHS Health Solutions, Inc. ("NHSH" or "Company") rescinded the
Share Exchange Agreement with Centacom Corporation dated May 12,
2011. The basis for the dissolution of this Agreement is outlined
in the Board of Directors resolution, dated August 21, 2011, that
is hosted on the NHSH web-site: [www.nhshinc.com]. Despite numerous
requests to Centacom founder, Mr. James Owens, Centacom Holding
Corporation has failed to sign over the Operating Company Shares of
both Centacom Corporation and Centaflix Corporation to NHSH, a
requisite step for the Share Exchange Agreement to be finalized.
Final resolution of the transformation of the NHSH Board of
Directors was subject to Centacom Holding Corporation honoring the
terms and conditions of the Share Exchange Agreement.
Notice of, and supporting documentation for, the dissolution of
the Agreement was provided to Mr. James Owens on Monday, August 22,
2011. The Company will be taking any and all necessary action in
order for Mr. Owens to return the control shares of NHSH to the
Company. Once this step has been completed, there will be a further
reduction of the outstanding share count as the Company moves
forward with Mineseeker, and fully focuses on executing all aspects
of their business plan.
NHSH will be updating shareholders periodically as circumstances
dictate and additional information is approved by the corporate
attorney.
Safe Harbor Statement This release
contains forward-looking statements that relate to future events or
performance. These statements reflect the company's current
expectations and are made pursuant to the Safe Harbor Provisions of
the Private Securities Litigation Reform Act of 1995. The company
does not undertake to update or revise these forward-looking
statements, even if experience or future changes make it clear that
any projected results expressed or implied in this or other company
statements will not be realized. Furthermore, readers are cautioned
that these statements involve risks and uncertainties, many of
which are beyond the company's control, which could cause actual
results to differ materially from the forward-looking statements.
Factors that could cause these differences include, but are not
limited to, the acceptance of our products, lack of revenue growth,
failure to realize profitability, inability to raise capital and
market conditions that negatively affect the market price of our
common stock. The Company disclaims any responsibility to update
any forward-looking statements.
ALL INQUIRIES REGARDING THIS NOTICE SHOULD BE ADDRESSED TO THE
FOLLOWING CONTACT: NHS Health Solutions, Inc. Investor Relations
IR@NHSHinc.com (843) 410-8499