Emergent Health Corp. Reports First Quarter 2011 Financial and Business Progress
2011年4月26日 - 9:00PM
Emergent Health Corp. (the "Company") (Pink Sheets:EMGE) is pleased
to update its historic unaudited financial statements and
Management's Discussion and Analysis of Financial Condition for
first quarter of 2011 compared to first quarter of 2010.
First quarter unaudited revenues for January 1, 2011 to March
31, 2011 were $71,296.62 compared to $53,853.11 for January 1 to
March 31, 2010. This is an approximate 32% increase. The Company
attributes this to increased International demand for new products,
and while no guarantee it will continue, efforts in these markets
continue.
Net profit unaudited before taxes for the same periods January
1, 2011 to March 31, 2011 were $30,383.33 compared to $16,260.32
for the period January 1, 2010 to March 31, 2010. This is an
approximate 87% increase and is attributed to tight cost control.
These margins could decrease due to possible need for additional
staff in the future.
The Company's total assets as of March 31, 2011 were $435,000.00
compared to $378,081.00 as of March 31, 2010. The Company's cash
position was $405,556.00 as of March 31, 2011 compared to
$362,101.00 as of March 31, 2010.
The Company continues to have no long term debt and believes it
is adequately funded for the balance of this year. For complete
reporting purposes, the Company presents its most recent Balance
Sheet and Operating Statement as of March 31, 2011:
http://emergenthealth.com/docs/Emergent Balance Sheet March, 31,
2011.pdf http://emergenthealth.com/docs/Emergent Statement of
Operations Jan 1 to March 31, 2011.pdf
The Company continues to successfully market its revolutionary
new MultiVitamin-MultiMineral with Stem Cell Nutrition Support.
Details are at the JDI™ Division website http://jdimlm.com or here
http://stemcellbook.com
About Emergent Health Corp.
Emergent Health Corp., a diversified biotechnology firm, is
focused on the health and wellness industry. With
patented and patent pending nutritionally designed products,
Emergent believes it is positioning itself as a leader in the field
of Regenerative Medicine as defined by the National Institute of
Health.
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http://emergenthealth.com
This press release contains certain "forward-looking"
statements, defined in the United States Private Securities
Litigation Reform Act of 1995, that involve a number of risks and
uncertainties. Statements, which are not historical facts, are
forward-looking statements. The company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are estimates reflecting the company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements. It is impossible to identify all such factors that
could cause actual results to differ materially from those
estimated by the company.
This press release is provided for information purposes only and
is not intended to constitute an offer to sell or a solicitation of
an offer to buy securities.
CONTACT: IR Contact
866-427-6143
Emergent Health (PK) (USOTC:EMGE)
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