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Wait until the price goes WAY DOWN (and it will) before buying this risky business. I really hate to say this but I'm afraid hartjed was correct in his assessment of Fresh Harvest. Just glad I sold all of my 50 million shares and made a little money.
Good luck investing to everyone.
Bid at 1.00
Going down the shitter?
hidden gem with big assets.. 190k tradable shares..
Nice to see a new symbol and that dreaded D gone. LOL
Not many shares out there.
IMTH Security Details
Outstanding Shares
6,402,098
03/19/2021
Restricted
6,209,775
03/19/2021
Unrestricted
192,323
03/19/2021
Held at DTC
150,872
03/19/2021
$IMTH: Sarah Care Corporate Brochure
https://documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3A625fe73d-f9e2-4a56-8b62-636ceb568ef7#pageNum=1
GO $IMTH
$IMTH : Sarah CARE !
https://twitter.com/SarahCareNEO
GO $IMTH
$IMTH: Adult HEALTH CARE !!!!!!
https://finance.yahoo.com/news/innovative-medtech-acquires-adult-recreation-123000960.html
GO $IMTH
**************************************************************
Innovative MedTech Acquires Adult Recreation and Health Facility Corporation SarahCare as Initial Subsidiary to Address Supportive Adult Care
More content below
FRHVD
+0.61%
Thu, April 1, 2021, 8:30 AM·3 min read
More content below
FRHVD
+0.61%
Significant investment made into Innovative MedTech, which the Company used to close its first major acquisition
BLUE ISLAND, IL / ACCESSWIRE / April 1, 2021 / Innovative MedTech, Inc. (the "Company") (OTC PINK:FRHVD) today announced the acquisition of Sarah Adult Day Services, Inc. and Sarah Day Care Centers, Inc., (together, "SarahCare") a provider of Senior Adult Recreation and Health facilities.
With 27 centers located in 13 states, SarahCare offers seniors daytime care and activities ranging from meeting their physical and medical needs, on a daily basis and ranging from nursing care to salon services and providing meals, to offering engaging and enriching activities to allow them to continue to lead active and engaged lives. The adult day care industry generated $4.9 billion in 2020 and is expected to increase 4.4% in 2021.
"The acquisition of SarahCare is the first step in a series of contemplated transactions designed to bring Innovative MedTech to the forefront of the health and wellness industry, specifically addressing the needs of independently living senior adults who may also need additional support in maintaining their health and wellness," commented Michael J. Friedman, a member of Innovative MedTech's management team. "We believe that SarahCare will provide a strong foundation for our Company as we continue to execute on the vision of improving adult supportive care."
SarahCare Founder and CEO, Dr. Merle Griff, said, "I am excited to have SarahCare be a part of Innovative MedTech, and to be a member of the team we are building. We have the same vision and desire to grow SarahCare's holistic approach to caring for loved ones. We believe that this is the start of something very exciting."
In order to fund the acquisition of SarahCare, the Company received a $2 million investment in the form of a private investment in public equity ("PIPE") from several investors. For the $2 million PIPE, the investors received a combination of common stock and Series A Preferred Stock which together constitute ownership of 83% of the Company.
About Innovative MedTech, Inc.
Innovative MedTech, Inc. is based in Blue Island, IL. The Company is a provider of health and wellness services, including SarahCare, an adult day care center provider. For more information, please visit: https://innovativemedtechinc.com and https://sarahcare.com. On or about April 6, 2021, the Company's stock symbol is expected to change to "IMTH".
Safe Harbor Statement
Statements in this press release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are not guarantees of future performance and are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify, develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media inquiries:
Michael Friedman
708-925-9424
ir@innovativemedtechinc.com
SOURCE: Innovative MedTech, Inc.
Effective April 7,2021 FRHVD will change to IMTH:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Anyone thoughts on SarahCare? Might have good revenue, but if they sold a franchise for $2m, must not be much profits, but could boost the new ticker IMTH
I forgot about the market closed day on Good Friday. Thanks. I think it might happen on the 6th.
Hope you are all well and joyful on this Easter Sunday.
Would love to see filings at the same time.
Looks like the symbol change should happen this tues or weds, April 6th or 7th according to PR. Not sure if they count the first day as one of the 20 business days or not.
Your Welcome and thanks
Thanks for sharing that info. Member Mark +1
From last PR
The Company has changed its name to Innovative MedTech, Inc. with the State of Delaware, as announced by FINRA on Monday, March 8, 2021. In addition, the Company's stock symbol will change to "IMTH" (described below), and a reverse split to a ratio of 1-for-10,000 (the "Reverse Stock Split") was effective on March 9, 2021 (the "Effective Date"). Subsequently, the Company's common stock has begun to trade on a post-split adjusted basis.
Our common stock has been quoted on the OTC Markets Pink tier under the trading symbol "FRHV." After the Effective Date of the Reverse Stock Split, our common stock is now quoted on the OTC Markets Pink tier on a post-split adjusted basis under the symbol "FRHVD" for 20 business days, after which time the symbol will change to our new trading symbol: IMTH.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162714433
Anyone have a guess at what the new ticker will be?
INMT ??
I guess we find out on the 5th. Still holding a few at .0001 which is now 1.00
Strangely this hasn't crashed yet. When split happened it still had a nice bid.
Took FRHVD lotto 1.69, big bid at 1.62
.0001 still coming? Reverse split provides lots of opportunities...
Where have all the cowboys gone? So many proud buyer posts....
Don't know today account shows 17 shares from million four hundred thousand. I'll call them Monday and see not that it really matters at this point.
The reverse split was 10,000 to 1 so you should have 140. What happened?
Was holding a million four hundred thousand shares from there pizza days. Now its 37 shares. I guess I should have dumped it back on the 16th of Feb...
Hi!!
Well it closed with a bid and usually (not always) but most of the time when they close with a bid with RS pending they do well afterwards. I have only good faith here.
It can be real fun with 190,412 shares, they cannot dilute or move from restricted to unrestricted until 'D' is gone, which is another 4 weeks. I believe this can see much higher pps .
IMO !
Yes. Even on a non market day such as a Sunday. Just need to wait it out.
I would keep trying.
I tried but its a 50 minute wait. Does anyone else have issues like this on TDAmeritrade?
Have you called them.
Its still not showing my shares in TDAMERITRADE any ideas?
To double initial investment now it has to go to $6 whereas before it only had to go from . 001 to . 002
Profit margins on initial investment slim. Unless you had 1000000000 shares. Before the split. I would sell while you're only down 9 cents share
Sucks when you get 1 for 10000 i like the 10000 for 1'$ better
I seen that but my shares are still out not showing on my account. Maybe tomorrow
Low volume but it's trading.
Interesting...Doesn’t show on Etrade
Some trading started today.
Any idea how long it will take for this to start trading?
The OTC is a pastel of many colors.
So FRHV started as a food supply company that couldn't survive. Then they changed their business model to a book printing and technical service company. Now they're a blood transfusion device company?
What do any of these businesses have to do with each other? I'm confused.
Yes. There will be a new ticker and a new company, but the 'D' will stay on to the FRHV for a little while. Then one day, it will change to a new symbol.
Shares will be locked for a while.
Whether it does good or bad is the question.
Do we have a new ticker or when will it be revealed?
Lovely. Needles. My favorite. NOT
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