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Non-Tech : National Health and Safety Corporation (OTC BB:NHLT)
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To: Patrick Lauder who wrote (364)10/5/1999 2:26:00 PM
From: Big Bamboo  Read Replies (1) of 409
 
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By: trasel
Reply To: 1204 by highkit
Tuesday, 5 Oct 1999 at 2:20 PM EDT
Post # of 1204

The most important part of this latest press release is that we now know that we will have a stable
company with positive revenues.

Under the terms of the sale, NHS will receive an undisclosed amount of cash plus perpetual
royalties on
the sale of all POWERx and related products by MedSmart. MedSmart will assume all
marketing and
operations costs for the POWERx division, reducing the operating cost of NHS by more than
75%.

We will also have a presence on the internet. I am hearing numbers on the expansion
capital and they are very aggressive. If this MedSmart Health Network didn't believe in
the plan and it's potential, I don't think that they would be spending the millions on
POWERx and National Health and Safety.

MedSmart will also provide substantial expansion capital to develop new markets for
POWERx products,
and will develop a national state-of-the-art Internet and e-commerce capability to promote
POWERx
products and services both domestically and internationally.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

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