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Biotech / Medical : AVHC - Advanced Healthcare Technologies

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To: jmhollen who started this subject8/27/2003 2:12:43 PM
From: jmhollen  Read Replies (1) of 90
 
Advanced Healthcare Technologies, Inc. Reports Explanation of E on Stock

FARMINGDALE, N.J., Aug 27, 2003 (BUSINESS WIRE) -- Advanced Healthcare Technologies, Inc. (OTCBB:AVHCE) today announced that the Company's trading symbol (AVHCE) had an E added to it by the OTC-BB as an indication of non-reporting compliance. This will be corrected as soon as the Company is able to recover certain books and records from two former consultants with the Company.


Such records were promised several weeks ago and have been partially delivered. The Company is conferring with its auditor on a means to regain compliance. The balance of the information needed for the filing is ready and will be filed shortly.
Advanced Healthcare Technologies is a company that engages in the development and incubation of companies with products and services in the healthcare industry.

For further information, visit the Advanced Healthcare Technologies, Inc. website at www.advancedhealthcaretechnologies.com (currently being updated) and visit the Advanced Hyperbaric Technologies website at www.advanced-hyperbaric.com.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

SOURCE: Advanced Healthcare Technologies

CONTACT: Advanced Healthcare Technologies
Randall Sulhoff, 402-697-0945
800-327-4325
or
Elite Equity Marketing
Joseph Pettinelli, 410-321-5454
info@eliteequitymarketing.com
.
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