Ariel Resources Ltd. Receives Business Plan From e-Health.VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 10, 1999-- Ariel Resources Ltd.(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AU.) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ARLRF) has received a five year business plan from e-Health E-health Informatics A philosophy that empowers–E = electronic–health care consumers by bringing information, products and services online as part of the information required by the letter of intent to merge the companies announced July 13th, 1999. The plan clearly shows e-Health's extraordinary potential for rapid growth. The projections were prepared by Harry W. Lydiksen, founder of e-Health, on a conservative basis from information and assumptions available. Mr. Lydiksen, together with his associates has been researching and developing healthcare systems and training programs for many years. He has assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. a highly skilled management group who are leaders in the use of new technology. Highlights of the business plan are: -- 1999 - raise US$3.5 million and have revenues of US $500,000 -- 2000 - raise US$17 million and begin worldwide marketing effort to achieve revenues of US$50million -- 2001 - raise US$25 million and have revenues of US$100 million -- Future revenue is projected to exceed US$500 million per annum To date the company has been funded primarily by its principals and now the plan calls for a series of private placements followed by a public offering, complimented by a full listing on a major USA Exchange. This plan is available to be E-mailed or mailed to all interested investors and investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and . On behalf of the Board of Directors, WILLIAM C. BENNETT, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion