Advanced Healthcare Technologies, Inc. Reports Explanation of E on Stock.Business Editors FARMINGDALE, N.J.--(BUSINESS WIRE)--Aug. 27, 2003 Advanced Healthcare Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AVHCE) today announced that the Company's trading symbol Trading symbol See: Ticker 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 hyperbaric /hy·per·bar·ic/ (-bar´ik) having greater than normal pressure or weight; said of gases under greater than atmospheric pressure, or of a solution of greater specific gravity than another used as a reference standard. Technologies website at www.advanced-hyperbaric.com. Statements regarding financial matters in this press release other than historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
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