To: Joe Copia who wrote (19842 ) 9/17/1999 9:50:00 AM From: ErnestPoe Respond to of 25711
CLIX! CLIXhealth Files Form 10-SB With SEC WAYNE, Pa.--(BUSINESS WIRE)--Sept. 16, 1999--CLIXhealth.com, Inc. announced today that it has filed its Form 10-SB with the SEC, and looks forward to becoming a full reporting company as soon as the SEC reviews and approves the filings. Chairman, Timothy W. Cunningham, noted, "We have taken the step of filing all necessary disclosures with the SEC to remain electronically traded on the OTC Bulletin Board and to make sure that the investing public is fully informed about our activities." In its Form 10-SB filing, the Company reported six months revenues of $1,239,179 for the period ending June 30, 1999, with net income for the period of $7,025. The Company also reported that it had concluded a refinancing of its fleet of ultrasound equipment, and restructuring and extending its short term debt. The Company has set November 5, 1999 as the date of its Annual Meeting of Shareholders, to be held in Philadelphia. In separate news, the Company has concluded a contract for a new echocardiographic laboratory in the Passaic Beth Israel Hospital in Passaic, New Jersey. This site is expected to produce revenues of approximately $250,000 per year. The Company also reported making progress in developing proprietary products for use in its e-commerce activities in conjunction with the National Anti-Aging Institute. For further information contact: CLIXhealth Timothy W. Cunningham Chairman phone 610-293-7650 e-mail twclix@earthlink.net When used by the Company in this report and elsewhere from time to time, the words, "intends," "believes," "anticipates," "expects" and similar expressions are intended to identify forward-looking statements concerning the Company's operations, economic performance, financial condition including, in particular, the likelihood of the Company's success in developing and expanding its business. Forward-looking statements are based on a number of assumptions and estimates which are inherently subject to uncertainties and contingencies beyond the control of the Company and reflect business decisions which are subject to change. Many factors could cause actual results to differ materially from those anticipated in the Company's forward-looking statements. CONTACT: CLIXhealth.com, Wayne Timothy W. Cunningham, Chairman, 610/293-7650 twclix@earthlink.net KEYWORD: PENNSYLVANIA NEW JERSEY BW1294 SEP 16,1999 9:02 PACIFIC 12:02 EASTERN