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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of report (date of earliest event reported): October 25, 2023
QHSLab,
Inc.
(Exact
Name of Registrant as Specified in its Charter)
0-19041
(Commission
File No.)
Nevada |
|
30-1104301 |
(State
of
Incorporation) |
|
(I.R.S.
Employer
Identification
No.) |
|
|
|
901
Northpoint Parkway Suite 302 West Palm Beach
FL
33407 |
|
33407 |
(Address of Principal Executive
Offices) |
|
(ZIP Code) |
Registrant’s
telephone number, including area code: (929) 379-6503
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
Securities
registered pursuant to Section 12(g) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common Stock, $0.0001
par value |
|
USAQ |
|
N/A |
Item
7.01 Regulation FD Disclosure.
On
October 25, 2023, QHSLab, Inc. (the “Company”), published its Capabilities Presentation, a copy of which is attached as Exhibit
99.1.
On
October 25, 2023, the Company also issued a press release entitled “QHSLab Welcomes Six New Integrated Service Program (ISP) Customer
Accounts and Launches Enhanced Website for Improved Customer Engagement.” The full text of this press release is furnished as Exhibit
99.2 to this Current Report on Form 8-K.
The
information in this Current Report on Form 8-K (including the exhibit) is furnished pursuant to Item 7.01 and shall not be deemed to
be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information
in the Report that is required to be disclosed solely by Regulation FD.
We
do not have, and expressly disclaim, any obligation to release publicly any updates or any changes in our expectations or any change
in events, conditions, or circumstances on which any forward-looking statement is based.
By
filing this Current Report on Form 8-K and furnishing the information contained herein, we make no admission as to the materiality of
any information in this report that is required to be disclosed solely by reason of Regulation FD. We use, and will continue to use,
our website (https://usaqcorp.com), press releases, and various social media channels, including our Twitter account (https://twitter.com/qhslabinc),
LinkedIn account (https://www.linkedin.com/company/65407282/admin/), Facebook account (https://www.facebook.com/QHSLabs and
Instagram account (https://www.instagram.com/qhslabs/) as additional means of disclosing public information to investors, the
media and others interested in the Company. It is possible that certain information we post on our website, disseminate in press releases
and on social media could be deemed to be material information, and we encourage investors, the media and others interested in the Company
to review the business and financial information that we post on our website, disseminate in press releases and on the social media channels
identified above, as such information could be deemed to be material information.
Item
9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d)
Exhibits.
The
exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.
SIGNATURES
Pursuant
to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this current report to be signed
on its behalf by the undersigned, thereunto duly authorized.
Date: October 25, 2023 |
|
|
|
|
QHSLab, Inc. |
|
|
|
|
|
/s/ Troy
Grogan |
|
Name: |
Troy Grogan |
|
Title: |
CEO and Chairman |
|
Exhibit 99.1
Exhibit
99.2
QHSLab
Welcomes Six New Integrated Service Program (ISP) Customer Accounts and Launches Enhanced Website for Improved Customer Engagement
WEST
PALM BEACH, FL, October 25, 2023 (GLOBE NEWSWIRE) — QHSLab, Inc. (the “Company”) (OTCQB: USAQ), a company focused
on providing clinicians with tools to leverage proactive, value-based healthcare solutions through emerging digital health and point-of-care
technologies, is proud to announce that since the start of Q4 2023 it has gained six new multi-location customer accounts for its Integrated
Service Program (ISP) in South Florida. These accounts encompass sixteen primary care facilities, further establishing QHSLab as a prominent
player in the digital healthcare industry. These esteemed medical practices have chosen QHSLab to enhance patient care, implementing
various programs such as mental health screening, chronic pain management, and allergy and asthma management. This partnership offers
comprehensive healthcare solutions to patients while assisting these practices in delivering top-notch medical services and generating
new revenue through QHSLab’s successful reimbursement strategy.
As
a result of these new agreements, QHSLab foresees a substantial surge in revenue, with an estimated quarterly increase in sales over
100% within its Integrated Service Program (ISP) segment. This growth trajectory positions the Company to achieve positive cash flow
by the end of the first quarter of 2024.
“The
newly implemented programs address the evolving needs of patients, offering personalized care through mental health assessments, chronic
pain management, and allergy management services,” said Troy Grogan, President and CEO of QHSLab, Inc. “Our ISP program is
gaining significant traction and we are delighted that these reputable family medicine practices have chosen QHSLab for their businesses.
We look forward to working closely with our new partners to improve regional healthcare delivery.”
What
is the Integrated Service Program (ISP)?
The
Integrated Service Program (ISP) is a cornerstone of QHSLab’s comprehensive healthcare solution promoting smooth communication
between healthcare providers and their patients. This program reduces the non-clinical responsibilities of medical practices, strengthens
the relationship between patients and their healthcare providers, and offers providers a robust clinical decision support tool. In addition
to saving valuable practice time and providing essential data, the ISP also serves as a significant revenue source for today’s
primary care practices facing high demands and stress.
Enhanced
Website and Communication
Additionally,
the Company has launched an upgraded website to enhance customer engagement. QHSLab is committed to ensuring a high-value online presence
and communication tools that effectively represent the Company’s mission and value proposition. The recent launch of the updated
Company website, available at www.qhslab.com, has been informed by a year’s field experience and direct engagement with our customer
base. This user-centric approach has resulted in a more intuitive and informative digital platform, showcasing a suite of reimbursable
assessments and interventions shaping medicine’s future.
Updated
Data and Real-World Research Findings
QHSLab
has also published its “Capabilities Presentation,” a comprehensive resource that delves into the Company’s key data
outcomes and real-world research findings. This presentation is available in the Company’s Form 8-K filing, dated October 25, 2023.
The “Capabilities Presentation” has driven the recent surge of new customer acquisitions, forming the cornerstone of QHSLab’s
sales and marketing strategy.
As
QHSLab continues to thrive in the digital healthcare sector, these recent developments signal a promising future for the Company, its
investors, and the healthcare industry.
For
more information about QHSLab and our healthcare solutions, please visit www.usaqcorp.com.
About
QHSLab, Inc.
QHSLab,
Inc. (OTCQB: USAQ) is a medical device company providing digital healthcare solutions and point-of-care-diagnostic tests to primary care
physicians. Digital healthcare allows doctors to assess patient responses quickly and effectively using advanced artificial intelligence
algorithms. Digital healthcare can also remotely monitor patients’ vital signs and evaluate the effects of prescribed medicines
and treatments on patients’ health through real-time data transferred from patient to doctor. QHSLab, Inc. also markets and sells
point-of-care, rapid-response diagnostic tests used in the primary care practice. QHSLab, Inc.’s products and services are designed
to help physicians improve patient monitoring and medical care while also improving the revenues of their practice.
Forward-Looking
Statements
Certain
matters discussed in this press release are ‘forward-looking statements’ intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of 1995. In particular, the Company’s statements regarding trends in
the marketplace, future revenues, future products, and potential future results and acquisitions are examples of such forward-looking
statements. Forward-looking statements are generally identified by words such as ‘may,’ ‘could,’ ‘believes,’
‘estimates,’ ‘targets,’ ‘expects,’ or ‘intends,’ and other similar words that express
risks and uncertainties. These statements are subject to numerous risks and uncertainties, including, but not limited to, the timing
of the introduction of new products, the inherent discrepancy in actual results from estimates, projections, and forecasts made by management,
regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the
Company’s control. The factors discussed herein and expressed from time to time in the Company’s filings with the Securities
and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by
such statements. The forward-looking statements are made only as of the date of this press release. The Company undertakes no obligation
to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Investor
Relations Contact:
Olivia
Giamanco
QHSLab,
Inc.
(929)
379-6503
ir@usaqcorp.com
https://twitter.com/QHSLabInc
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