Quality of Life Health Corporation Retains the Law Firm of Loeb & Loeb.Business Editors LOS ANGELES--(BUSINESS WIRE)--May 10, 2004 Quality of Life Health Corporation (QLHC) announced today that it has retained the services of Loeb & Loeb LLP LLP - Lower Layer Protocol as general securities counsel. Loeb & Loeb's widely recognized experience, guidance and innovation in corporate and securities law will be of substantial benefit to the Company in it's plans for future growth, said Mr. David Todt CFO See Chief Financial Officer. of Quality of Life Health Access Corporation. As previously announced Weinberg & Company P.A., certified public accountants Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , have been retained to provide audited financial statements for the Company. They have completed the first site visit to the Company's Leisure Living headquarters in Grand Rapids Grand Rapids, city (1990 pop. 189,126), seat of Kent co., SW central Mich., on the Grand River; inc. 1850. The second largest city in the state, it is a distribution, wholesale, and industrial center for an area that yields fruit, dairy products, farm produce, , Mich. They recently scheduled visits to the corporate headquarters and the offices of Value Health Access Corporation. Quality of Life Health Corporation (www.qlhc.net) has embarked upon a select acquisition strategy to build a synergy of premier health management institutions uniquely positioned to provide the highest quality of service to meet the needs of the changing demographics in the US population. The acquisitions of these targeted companies in the health care industry provide unique, value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. , services and products that improve the overall quality of life and well being for their clients and customers. The Company is pursuing acquisitions in the assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. industry, reported to be a $12 billion industry that is rapidly expanding. The company also acquired Value Health Access Corporation, a national marketing company, which launched its first product, PlanB for Health(TM) (www.PlanBforHealth.com), in September 2003. The PlanB suite of products are an easy to use membership program offering affordable access to professional healthcare services. A member can save up to 50% by presenting their membership card at any one of the 600,000 participating providers. 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. Statement: Statements in this news release that relate to future plans, financial results or projections, events or performance 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, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The Company's business and operations are subject to a variety of risks and uncertainties and, consequently, actual results may materially differ from those projected by any forward-looking statements. |
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