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Buy This Stock
From: |
GUEEkAUdB |
Subject: |
Buy This Stock |
Date: |
26 Nov 00 9:24:47 PM |
LM Online Investments Recommendation: Buy this stock !
Stock Symbol: WAME (NASDAQ OTCBB)
Shares Outstanding: 30,000,000
Float: 7,000,000
52 Week Trading Range: $.20 - $3.625
Current Price $2.50
Target Price: $9.00
Rating: Strong Buy !!!
**********************************************************************************
About the Company
FRESNO, Calif--In an effort to prepare for expected growth in corporate
development, employees, and revenue, WellnessAmerica ( OTC BB: WAME )
announced that it has closed an initial $8 million round of funding with a
pledge of an additional $60 million expected to close within the next two
months. The proceeds will aid WellnessAmerica, Inc. in its acquisition and
corporate development campaign that is anticipated to drive the Company to
become a leader in the Alternative Health E-Commerce arena. The Company has
designed a program that allows subscribers to have access to the world's
largest electronic encyclopedia of alternative medicine gathered under one
domain on the Internet.
Reasons to Own the Stock
WellnessAmerica is committed to it's B2B licenses allowing it's partners to
build relationships with consumers and health care providers generating
revenues thru several methods including licensing fee's from physicians, ad
revenues, subscriptions, content value and portal retail sales of vitamins,
herbs, skin care products, video, magazines, newsletters, page review fee's
paid by search engines, licensee fee's from content syndicated, as well as
product portals linked back to WellnessAmerica home products.
Tariq Faridi, President and CEO of Wellness America Inc, "We are experiencing
overwhelming demand, and acceptance of our products and services. This is just
another step towards our goal of becoming the dominant Alternative Health
Therapy Company. This is a very exciting time for us with the trend in health
care moving towards Alternative Medicines. With countries like Japan requiring
that alternative medicines be used prior to prescription medicines a much
larger market is being created. WellnessAmerica is positioning itself to
facilitate business in this $90 billion dollar a year marketplace.''
Final Note
Serious investors due their own due diligence about this or any other
investment opportunity. The alternative medicine market of over 20 million
consumers has spent almost $6 billion on vitamin and weight loss products in
the last 10 months alone and is definitely an industry to consider investing in.
**********************************************************************************Disclaimer
Safe Harbor Statement
Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Except for historical information contained
herein, the matters discussed are forward-looking statements that involve risks
and uncertainties. When used herein, words such as "anticipate", "believe",
"estimate", "expect" and "intend" and similar expressions, as they relate to
the Company or its management, identify forward-looking statements.
Such forward-looking statements are based on the beliefs of the Company's
management, as well as assumptions made by and information currently
available to the Company's management. Among the factors that could cause
actual results to differ materially are the following the effect of business
and economic conditions; the impact of competitive products and pricing;
capacity and supply constraints or difficulties; product development,
commercialization or technological difficulties; the regulatory and trade
environment; and the risk factors reported from time to time in the Company's
SEC reports. This material is for informational purposes only and should not be
construed as an offer or solicitation of an offer to buy or sell securities.
The Company undertakes no obligation to update any forward-looking
statements as a result of future events or developments. LM Online Investments
received NO compensation.
*****************************************************************************
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