GOHEALTH.MD Proceeds with Merger/Acquisition Process.Business Editors NEW YORK--(BUSINESS WIRE)--April 1, 2004 GOHEALTH.MD, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GOMD GOMD Girl of My Dreams ) announced progress with selection of Advisory Board candidates. GOHEALTH.MD, Inc. Board of Directors meeting is scheduled for later this month to consider the merger, and or acquisition of three "target" operating companies operating company A business that engages in transactions with outsiders. . Gary L. Crooks, member of the Board and Chair of Shareholder Relations Committee, previously announced last week that informal discussions between the members of the Board have currently identified three operating and privately owned and controlled companies with current revenues approximating $10,000,000. Mr. Crooks also indicated that a proposal would be presented to the Board of directors for approval by the board for a formation of an "Advisory" board. Two potential candidates, with the appropriate business experience have been approached, and indicated their willingness to join the Advisory Board/Committee. Mr. Crooks continues to search, and the other Board members are continuing their search for other possible candidates. In addition, the Corporation is holding discussions with potential Investment Banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. (s) interested in the Company's new Goals. As previously reported, he anticipates that on the Agenda of this Board meeting will be changing its name, in addition to selection of company Auditors, and other basic, but necessary steps to reflect the restructuring of the Corporation. The Company will in the weeks to come continue to release all pertinent news as it develops. We at the company are very excited of the progress and are committed to maintaining our shareholders informed of all progress going forward. About GOHEALTH.MD, Inc. GOMD is a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. with headquarters in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The Company has ceased all prior operations in the health care and alternative health care industries, and is currently negotiating a merger/acquisition that would enhance shareholder value. FORWARD LOOKING STATEMENT The information contained in this news release, other than historical information, should be considered 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. that are protected under the safe harbor 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. of 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. Projections and other forward-looking statements and descriptions of management expectations regarding future events or financial performance, although made in good faith, are inherently uncertain and actual events or results may differ markedly from any forward-looking statements. We undertake no duty to update any of the forward-looking statements as a result of new information, future events, or otherwise. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives and personnel, declining prices, and other economic factors. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. |
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