St Joseph Inc (PK)【STJO】株式ニュース

$STJO: OHhhhhhhhh yaaaaaa.... BIG MERGER !!!!!!!!!!!!

https://www.otcmarkets.com/otcapi/company/dns/news/document/59385/content

We're going to $4/sh

GO $STJO

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Gerry McIlhargey, President St. Joseph, Inc. (STJO) and Patrick Lewis of RPM Assets, LLC
(RPM), are pleased to jointly announce that the two companies have completed due diligence,
and have come to an agreement to merge RPM, a specialty mainstream and alternative health
and care providing company into STJO (OTC Markets trading symbol STJO) a publicly-traded
company listed on OTC Markets.
As a condition of this agreement, STJO will receive all the assets of RPM for a total of
86,544,659 newly-issued shares of STJO, while the existing STJO shareholders shall retain
the currently issued 13,455,341 shares.
The existing Board of Directors of STJO will tender their resignations, while the management
of RPM will assume the Board of Directors’ positions in STJO. An introductory update of the
new Board members will follow.
RPM would also like to report that MedHab, one of its medical device companies that
specializes in wearable technology and holds 13 issued patents, 2 pending, and 2 more in
application phase, has successfully integrated 6 devices to meet FDA requirements as Class I
and Class II devices. They also meet FCC certifications and are HIPAA secured. MedHab
devices also meet Medicare legislation regarding Remote Patient Monitoring and Remote
Therapeutic Monitoring. This allows them to build their business from different providers such
as family practice, internal medicine, and cardiology. Additionally, MedHab is one of the few
companies in the US that has technology for both orthopedics and physical therapy. RPM is
very excited to offer such an exclusive, highly sought-after technology for the public market,
to increase shareholder value.
RPM has recently moved all manufacturing from Asia, where all prototyping was completed,
to Leander, TX. This move was due to the ongoing supply and shipping problems facing most
importing. It was also a requirement by the VA, which requires all suppliers to manufacture
all supplied produced in the United States. RPM has already begun negotiations to purchase
the production facility in Leander TX. This will ensure production is in place to produce devices
as fast as our sales staff can sell them. It also allows local research and development to build
new devices as the market needs them. RPM looks forward to adding more production
companies to its operation to enhance its value to a public market in US manufacturing.
MedHab continues to work hand-in-hand with the American Diabetes Association (ADA) to
develop commercials, participate in Q&A sessions with their devices, and help the ADA move
as many devices out to their patients as possible. MedHab is contracting with two national
physical therapy providers who collectively have over 700 clinics and 2,000 physical therapists
on staff, and expect these contracts to be signed within the next 45 to 60 days, as both have
agreed to pilots in Texas and Colorado. This equates to 50 patients for each of the 2000
physicians at a gross profit of $25.00 each month per patient. RPM is very excited about this
growth that will enhance both the market value for its customers as well as its shareholders’
value by continually adding these types of customers to its expanding portfolio.
Furthermore, RPM has taken large strides in its nutritional and alternative medicine programs
by negotiating contracts with large formulation companies to provide a much larger US-based
production opportunity as the need for sellable products increases with the number of sales
staff personnel currently moving across the country selling the RPM products. Some of these
products include meal replacements for Elderly Care, Arthritis Ointments, Memory Enhancers,
and Sleep Aids. This is also followed by a complete line of usable and PPE products to help
secure patient safety, comfortable living, and mobility success. RPM looks forward to utilizing
the public markets to access additional capital to grow its product lines, inventory, and sales
opportunities.