Guardian Angel Group Announces Letter of Intent with Healthcare of Today
By Guardian Angel Group, Inc.
(EMAILWIRE.COM, February 09, 2010 ) Houston, TX - Guardian Angel Group, Inc. (Symbol: GAGI.PK) announces that it has signed a Letter of Intent to acquire Regen Acquisition Corp., a wholly-owned subsidiary of Healthcare of Today, Inc. in a stock exchange transaction. On closing of the acquisition, GAGI will become a subsidiary of Healthcare of Today, Inc. (www.healthcareoftoday.com).
Healthcare of Today CEO Henry Jan says, “Following the acquisition of GAGI, it will become the home of our biotechnology and advanced health sciences portfolio.”
Healthcare of Today has assembled an impressive list of holdings since its inception in 2008. The holding company uses a vertical integration model in the hopes of increasing efficiency for its constituent businesses, and furthermore passing savings to consumers. The company announced that it had acquired a controlling interest in SK3 Group in 2009. SK3 Group is now the home to some of Healthcare of Today’s healthcare services companies including Angels of the Valley Hospice Care (www.angelsofthevalley.com) and Medical Billing Specialist (www.medbillspec.com).
Jan says, “GAGI is one of several planned spin-off companies that will host various divisions of our company. As the Healthcare of Today family of businesses has grown, we have modified our strategy or structure where needed to accommodate that growth and enable it further. We are proud of what we have accomplished so far, and are now optimistically examining what we can do for our shareholders in 2010.”
About Healthcare of Today, Inc.
Healthcare of Today acquires and develops companies primarily within the healthcare industry. Through its many subsidiaries, Healthcare of Today owns and operates a number of vertically-integrated businesses including: adult stem cell research and development technology, advanced human tissue engineering, medical device technology, medical and home healthcare equipment sales, hospice care, residential care facilities for the elderly, home healthcare services, nurse and therapist staffing, healthcare information technology, healthcare consulting, insurance, medical billing, data protection and security. For more information please visit www.healthcareoftoday.com.
About Guardian Angel Group Inc.
The Mental Healthcare industry is a multi-billion dollar industry. Our group is here to service a growing need for quality service in certain U.S. markets. About 15,000 mental health and substance abuse facilities operate in the U. S.A This contributes to a combined annual income of over $17 Billion. The industry is highly fragmented with the top 50 companies accounting for about twenty percent of the industry revenue. The industry includes establishments that provide residential and rehabilitation care with minimal medical care, and outpatient facilities with medical staff to provide certain treatments.
IMHCS knows that demand for mental healthcare facilities is driven by demographics, treatment plans and referrals. Our approach is to control cost by attracting referrals, providing quality care and locating facilities in demographically suited areas.
FORWARD-LOOKING STATEMENT
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Guardian Angel Group, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise any forward-looking statement.
Healthcare of Today CEO Henry Jan says, “Following the acquisition of GAGI, it will become the home of our biotechnology and advanced health sciences portfolio.”
Healthcare of Today has assembled an impressive list of holdings since its inception in 2008. The holding company uses a vertical integration model in the hopes of increasing efficiency for its constituent businesses, and furthermore passing savings to consumers. The company announced that it had acquired a controlling interest in SK3 Group in 2009. SK3 Group is now the home to some of Healthcare of Today’s healthcare services companies including Angels of the Valley Hospice Care (www.angelsofthevalley.com) and Medical Billing Specialist (www.medbillspec.com).
Jan says, “GAGI is one of several planned spin-off companies that will host various divisions of our company. As the Healthcare of Today family of businesses has grown, we have modified our strategy or structure where needed to accommodate that growth and enable it further. We are proud of what we have accomplished so far, and are now optimistically examining what we can do for our shareholders in 2010.”
About Healthcare of Today, Inc.
Healthcare of Today acquires and develops companies primarily within the healthcare industry. Through its many subsidiaries, Healthcare of Today owns and operates a number of vertically-integrated businesses including: adult stem cell research and development technology, advanced human tissue engineering, medical device technology, medical and home healthcare equipment sales, hospice care, residential care facilities for the elderly, home healthcare services, nurse and therapist staffing, healthcare information technology, healthcare consulting, insurance, medical billing, data protection and security. For more information please visit www.healthcareoftoday.com.
About Guardian Angel Group Inc.
The Mental Healthcare industry is a multi-billion dollar industry. Our group is here to service a growing need for quality service in certain U.S. markets. About 15,000 mental health and substance abuse facilities operate in the U. S.A This contributes to a combined annual income of over $17 Billion. The industry is highly fragmented with the top 50 companies accounting for about twenty percent of the industry revenue. The industry includes establishments that provide residential and rehabilitation care with minimal medical care, and outpatient facilities with medical staff to provide certain treatments.
IMHCS knows that demand for mental healthcare facilities is driven by demographics, treatment plans and referrals. Our approach is to control cost by attracting referrals, providing quality care and locating facilities in demographically suited areas.
FORWARD-LOOKING STATEMENT
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Guardian Angel Group, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise any forward-looking statement.
Contact Information:
Guardian Angel Group
John Gonzalez, President
Tel: 301 368 9225
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Guardian Angel Group
John Gonzalez, President
Tel: 301 368 9225
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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