Thursday, February 23, 2017 4:31:55 PM
Have to start somewhere...potential lotto ticket
Product
HEAL’s primary products are mid-sized wind turbines, small solar panels, and related controllers and inverters. These products are highly rated by their customers and follow HEAL’s strategy of being very ergonomically pleasing, easy to set up, and cost-efficient to their customer base.
Pricing
Due to the overall strategy of HEAL to offer products that appeal to a specific niche, initial pricing will be high enough to be comparable to industry leaders, yet but within reach of potential customers still on the fence. We believe that the products offered by HEAL are currently priced at the low end of the market.
Earnings after Other Income (Expenses)
We recorded net income for the six month period ended December 31, 2016 in the amount of $3,456,226 compared to a net loss of $16,447 during the six month period ended December 31, 2015. The net inome for the six month period ended December 31, 2016 is due to the gain from the disposal of our subsidiaries, MJP Holdings Ltd. and MJP Lighting Solution Ltd, whereby the Corporation received a total of 6,500,000 shares from former officers and directors with a fair market value of $3,705,000 which were canceled upon their return.
During the three month period ended December 31, 2016 certain shareholders of the Corporation returned a total of 6,500,000 shares of common stock stock for cancelation, the impact of which was anti-dilutive, and therefore, not presented herein.
The Company’s cash balances are maintained in the US with a US bank and are insured up to $100,000 by the FDIC
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