REDHAWK MEDICAL LAUNCHES NEW
SANDD™ WEBSITE
LAFAYETTE, LA -- August
4, 2020 -- InvestorsHub NewsWire -- RedHawk
Holdings Corp. (OTC:
SNDD) ("RedHawk" or the
"Company") announced today it has
launched
a new website for
its SANDD
line of
products the week of July 26, 2020
to
simplify online purchases. The launch is expected to
be
followed by further
website updates
in early
August that
are
planned to
include
the
Company's line of Personal
Protection Equipment.
"Current
market conditions have created business opportunities for us to
capitalize upon while facing unique marketplace challenges. RedHawk
Medical Products is certainly working to do its part to help meet
difficult marketplace challenges and provide solutions to our
community of customers," says Philip C. Spizale ("Spizale"),
RedHawk's
newly
appointed Chief Executive
Officer "Although we want to
capitalize on each opportunity expeditiously, we won't
sacrifice quality for speed. Our preliminary
results for the three month
period ended June 30, 2020 are projected to
be at record
levels, with our revenues for
such period estimated to increase more than
500% over the
preceding
three
month
period
ended March 31, 2020. Normalized quarterly
cash flow from operations are also preliminarily
estimated at record
levels for this same three
month period. We believe
these revenue levels
are continuing into the current three month period."
The
website
launch
coincides with completion of
the
engineering upgrades of its SANDD mini
and
SANDD Pro
products.
SANDD
is
RedHawk's line of sharps
needle destruction devices for in-home use or medical
settings.
SANDD
products
are designed to eliminate the risk that comes with the
disposal of used needles and drastically reduce the associated cost
of sharps waste collection and removal.
The
SANDD™ is eligible for
cost reimbursement through Medicare Advantage programs, managed
care programs and through Third
Party
Administrators.
RedHawk
is a diverse holding
company engaged in sales
and distribution of medical devices, sales of
branded generic
pharmaceutical drugs, commercial real estate investment and
leasing, point of entry
full-body security systems, and specialized financial
services. RedHawk also added a new line of
UV sanitization products to aid in the reopening of schools,
restaurants, hospitality
venues and healthcare facilities. RedHawk has recently brought on
two new hires to its sales team, Spizale, company CEO, and
retired
Sheriff Bud Torres, to help market to target audiences.
# # #
About RedHawk Holdings Corp.
RedHawk Holdings Corp., formerly Independence Energy
Corp., is a diversified holding company which, through its
subsidiaries, is engaged in the
sales and distribution of medical devices, sales
of branded generic pharmaceutical drugs,
commercial real estate investment and
leasing, sales of point of entry full-body security
systems, and specialized financial services.
Through its medical
products business unit, the Company
sells the Sharps and Needle Destruction Device
(SANDD™), WoundClot Surgical - Advanced Bleeding
Control, and the Carotid Artery
Digital Non-Contact Thermometer. Through our
United Kingdom based subsidiary, we manufacture and
market branded generic pharmaceuticals. RedHawk Energy
holds the exclusive U.S. manufacturing and distribution rights for
the Centri Controlled Entry System, a unique, closed
cabinet, nominal dose transmission full-body x-ray scanner.
For more information, please
visit: http://www.redhawkholdingscorp.com
Cautionary Statement Regarding Forward-Looking
Statements
This release may contain forward-looking statements.
Forward-looking statements are all
statements other than statements of
historical fact. Statements contained in this release that are not
historical facts may be deemed to be forward-looking
statements. The words "anticipate," "may," "can," "plans,"
"believes," "estimates," "expects,"
"projects," "targets," "intends,"
"likely," "will," "should," "to be," "potential" and any similar
expressions are intended to identify those assertions as
forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance
and results may differ materially from that projected or suggested
herein due to certain risks and uncertainties. In
evaluating forward-looking statements, you should consider the
various factors which may cause actual results to
differ materially from any
forward-looking statements including those listed in the "Risk
Factors" section of our latest 10-K report.
Further, the Company may make changes to its business plans
that could or will affect its results. Investors are cautioned
that the Company will undertake no obligation to
update any forward-looking statements.
Company
Contact:
G. Darcy
Klug, Chairman,
CEO and CFO
(337)
269-5933
darcy.klug@redhawkholdingscorp.com
Philip C.
Spizale, CEO
(337)
269-5933
philip.spizale@redhawkholdingscorp.com
Investor
Relations:
Stephanie
Prince, Managing Director
PCG
Advisory
(646)
762-4518
sprince@pcgadvisory.com
Media
Contact:
Valerie Allen
Valerie Allen
Public Relations
(310)
382-7800
valerie@valerieallenpr.com
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