WellQuest Issues Shareholder Report
August 29 2013 - 7:00AM
Marketwired
WellQuest Medical & Wellness Corporation (the "Company" or
"WellQuest") (PINKSHEETS: WEQL), delivering a unique model for
healthcare that helps customers get well, stay well, and look well,
has issued a Shareholder Report outlining the Company's recent
achievements: Key highlights from the Shareholder Report include:
- The Company's flagship WellQuest health and wellness center in
Bentonville, Arkansas posted record net revenues of $4.2 million in
2012 with net income for the center of $602,000; consolidated net
income from operations was $93,000 in 2012
- WellQuest of Tulsa, the Company's first replicated expansion
site is slated to open this fall
- 10,000 sq. ft. Tulsa facility to deliver family medicine,
pediatrics, diagnostics, wellness, aesthetics, retail products and
corporate wellness programs
- Mechanism for financing expansion was not dilutive to Company's
underlying common stock and puts appreciating assets on WellQuest's
balance sheet
- Having created the model for replication with minimized
dilution to shareholders, WellQuest has hired two executives to
manage growth; Mike Wernli as VP of Operations and Jeremy Cavness
as Director of Sales and Marketing
To view the Shareholder Report in full, please visit:
http://wellquestmedical.com/docs/ShareholdersReport.pdf
About WellQuest Medical & Wellness
Corporation WellQuest offers its innovative concept in
healthcare delivery by integrating conventional and complementary
physician medicine with wellness, and aesthetic services in one
center, creating an effective environment for the pursuit and
maintenance of a healthy life. WellQuest's unique model for
healthcare helps customers get well, stay well, and look well.
Currently operating in Bentonville, Arkansas, WellQuest seeks to
open additional locations in the U.S.
Forward-LookingStatements This press
release contains "forward-looking statements" within the meaning of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. All statements other than statements of
historical fact in this announcement are forward-looking
statements, including but not limited to, the Company's ability to
obtain the necessary financing to continue and expand operations,
to market its products and services in new markets and to offer
healthcare services at competitive pricing, anticipated revenue
from client visits; general economic conditions and other factors
detailed from time to time in the Company's filings with the United
States Securities and Exchange Commission and other regulatory
authorities. These statements include, without limitation,
statements regarding our ability to prepare the Company for growth;
the Company's planned expansions, and predictions and guidance
relating to the Company's future financial performance. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise
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Investor and Media Contact: Steve Swift President
918-361-4192
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