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News for 'NVAE' - ((NVAE) Savanna East Africa Kicks Off Stakeholder Meetings in Nairobi With Focus on Condom Shortage in Kenya)
DALLAS, TX, Jun 15, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) has kicked off the scheduled senior management
and key ! stakeholders meetings this week in Nairobi, Kenya. The meetings are
intended to finalize a number of strategic next steps for the Company. A main
focus of the meeting is continued next steps towards the acquisition of a condom
manufacturing facility under construction in Kenya. Earlier this year Kenya
experienced a shortage of condoms with Kenya's government making an appeal to
the U.S. government for emergency funding
(http://www.standardmedia.co.ke/InsidePage.php?id=2000031810&cid=4&). Kenya
currently uses approximately 20 million condoms a month, nearly double the
number just seven years ago. As AIDS education grows, the demand for condoms has
grown and is expected to continue. Kenya's National Aids Strategic Plan
2009-2013 hopes to reach a monthly distribution target of 28 million condoms per
month.
Day High 4.20
JBII:Pink OTC
sorry, okie-dokie!
(I think I need to go to bed!)
SHOM News out!
Southern Home Medical Retains Scott & Company LLP to Conduct Audit and File for Fully Reporting Status!
I mean "started"
are you still thinking it will double?
looks like it stumbled out of the gate, last sale 0.3600
wish I would have bought some BDCM last Friday:)
morning lizzy & all:)
News for 'NVAE' - ((NVAE) Savanna East Africa to Finalize Plans for October 2011 Trade Mission to Encourage SME Investment in East Africa Through Reverse Mergers and PIPE Financing)
DALLAS, TX, Jun 02, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) rec! ently announced a senior management and key
stakeholders meeting scheduled for the week of June 13th in Nairobi, Kenya. The
meeting agenda will include finalizing plans for a Trade Mission intended to
encourage investment into East African regional small and medium enterprises
(SMEs). Savanna East Africa hosted a pilot Trade Mission last year in Nairobi
with the United Nations International Strategy for Disaster Reduction
(www.unisdr.org) and the Small Equity Initiative (www.smallequity.com) with a
program intended to stimulate small and medium enterprise investment in high
growth potential business sectors through reverse merger and PIPE financing
strategies. The UNISDR's participation is specifically intended to urge private
sector innovation and investment aimed at reducing disaster risk. To learn more
about the Private Sector and the UNISDR, please visit:
http://www.unisdr.org/partners/private-sector. To learn more about the Trade
! Mission planned for October 2011, please email info@savannaea.com.
In addition to setting an example for reverse merger and PIPE financing
opportunities in East Africa, the Company is concentrating on developing high
growth potential capacities within the housing, healthcare and high tech sectors
in East Africa. Recently, an on-demand Webcast presentation hosted by CEO
Randell Torno was posted on the Company's website www.savannaea.com. The Webcast
presentation reviews Savanna East Africa's progress toward adding housing,
healthcare and high tech capacity in East Africa and discusses the return on
investment potential of the Company's small and medium enterprise (SME) sector
strategy. The Company is focused on pursuing those three business lines in East
Africa, initially in Kenya.
About Savanna East Africa, Inc. (www.savannaea.com) Savanna East Africa, Inc.
(PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy last
year to pursue several business lines in the growing economy of E! ast Africa,
initially in Kenya. Savanna has already begun several initiatives in the region
to include initiatives in the Technology, Utility, Housing and Health products
industries. The Company is also continuing to grow its existing oil and gas
reclamation business with new management and business strategies. Savanna East
Africa is a fully-reporting company with audited financial statements quoted on
the new 'OTCQB.'
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and
uncertainties. The statements in this release are forward-looking statements
that are made pursuant to safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Actual results, events and performance could vary
materially from those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncer! tainties, which may cause
the Company's actual results in future pe riods to differ materially from results
expressed or implied by forward-looking statements. These risks and
uncertainties include, among other things, product demand and market
competition. You should independently investigate and fully understand all risks
before making investment decisions.
Contact:
Savanna East Africa, Inc.
Email Contact
214-722-3044
SOURCE: Savanna East Africa, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=09C5CE1C7B8F3CAD
Copyright 2011 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Hardware
Computers and Software:Internet
&! nbsp; Computers and Software:Networking
Telecom:Wireless
Telecom:Networking
Telecom:Telecommunication Equipment
Telecom:Telecommunication Services
Computers and Software:Software
just showed on my Scottrade also
News for 'SHOM' - (Southern Home Medical Achieves Fifth Consecutive Month of Profitability and Record Revenues in May)
LYMAN, SC, Jun 01, 2011 (MARKETWIRE via COMTEX) -- Southern Home Medical Equipment, Inc. (PINKSHEETS: SHOM), a holding company providing healthcare services, staffing and dura! ble medical equipment to medical institutions, announced today that it has achieved its fifth consecutive month of profitability and record revenues for the month of May 2011. SHOM projects corporate revenues to exceed $90,000 in May 2011, approximately 32% higher than revenues of approximately $68,000 reported in May 2010. Consolidated net income for the month of May 2011 is expected to exceed $10,000, compared to a net loss of approximately ($10,210) in the same period one year ago.
"We are extremely pleased at the progress we have made this year, which continues our trend of profitability established at year-end December 31, 2010.
Our businesses continue to operate as profit centers and are designed to be replicated nationwide without additional, large capital expenditures. What this means to shareholders is our profitability should continue to rise as we expand
our business locations through the remainder of 2011," said President and CEO of Southern Home Medical Jeff Sarvis. "While we are exceedi ng our expectations month-after-month in terms of revenues and net income, our stock price has yet to parallel our outstanding performance. We anticipate this to change, as we
move to 'fully reporting status' and achieve higher visibility in the financial community."
News for 'SHOM' - (Southern Home Medical Reports Financial and Operational Improvements Management to Hold Conference Call Today at 4:15 pm EDT)
LYMAN, SC, May 26, 2011 (MARKETWIRE via COMTEX) -- Southern Home Medical
Equipment, Inc. (PINKSHEETS: SHOM), a holding company providing healthcare
s! ervices, staffing and durable medical equipment to medical institutions,
announced today that year-to-date 2011, the Company has accomplished a number of
financial and operational improvements that can propel its corporate growth
throughout 2011.
For the month of April 2011, consolidated corporate revenues grew 46% and net
income was up 176% year-over-year. SHOM reiterated its previously announced
guidance calling for total corporate revenues of $1.3 Million in 2011.
Additionally, the Company highlighted a number of operational program
investments initiated to-date, which include:
-- Preparing the Company to become a fully reporting entity in the second
half of 2011;
-- Initial certifications and deployments of the innovative Respi-care
respiratory therapy program in selected markets;
-- Launched new websites for Sou! thern Home Medical and its respiratory
division, APNEA Rx, both of which are designed to enhance business
operations and the companies' market presence;
-- Development and roll-out of Backstage Solutions, the Company's
Web-based healthcare operations platform, to all Southern Home
locations;
-- Added concern reporting, compliance management and resolution
Web-based solutions to Backstage Solutions;
-- Signed letter of intent to merge with a network of medical clinics
based in the Washington, DC area.
"After two years of focusing on solidifying all the parts of the Company's
operations, our teams have now turned their skills and energy toward putting our
programs into action. As a result, we continue to report improved operating
efficiencies and revenue growth, as evidenced by our stro! ng profitable results
for April," stated President and CEO of Southern Home Medical, Jeff Sarvis.
"While we are pleased to have entered this phase of our evolution, we are keenly
aware that achieving our goals and opportunities demands additional resources
and attention. The achievements to-date in 2011 have positioned us well to meet
our objectives for the remainder of the year."
Teleconference Southern Home Medical will host a conference call today,
Thursday, May 26, 2011 at 4:15 pm Eastern Time, to discuss these operational
improvements in greater detail. All shareholders, potential investors and
interested parties are invited to attend. To participate on the call, please
dial 1-719-955-1371 or 1-888-450-5996 (toll-free) and enter code 220185
approximately 5 to 10 minutes prior to the start of the call. Discussion by
management will be followed by a Q&A session to address questions submitted by
attendees prior to the start of th! e call via email to
info@southernhomemedical.com. A replay of the c all will be available the
following day on the Company's website at www.southernhomemedical.com.
About Southern Home Medical Equipment, Inc. Southern Home Medical Equipment,
Inc. is a holding company with a focus on servicing the needs of the U.S.
healthcare industry. The Company has quality health care professionals to
address national shortages in hospitals, rehab centers, nursing homes and other
medical facilities. Personnel are available 24/7/365 and include: RN's, LPN's,
CNA's, RT's, billing specialists, customer service specialists, delivery techs
and marketing reps. The Company has contractual agreements with partner
businesses located in Charleston, Columbia, Greenville, Florence and Lake
Hartwell, of South Carolina; Nashville, Tennessee; Baltimore, Maryland;
Dunwoody, Georgia; and Philadelphia, Pennsylvania. Southern Home Medical is
leveraging the success of these business models to expand sales opportunities in
these areas! of health, medical, staffing and durable medical equipment needs.
For more information, visit www.southernhomemedical.com.
The statements in the press release that relate to the Company's expectations
with regard to the future impact on the Company's results from acquisitions or
actions in development are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The statements in this
document may also contain "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. When used in this press release, the words "anticipate,"
"believe," "estimate," "may," "intend," "expect" and similar expressions
identify such forward-looking statements. Forward-looking statements are subject
to risks, uncertainties, and other factors that could cause actual results to
differ materially from those contained in such sta! tements. Such risks,
uncertainties, and factors include, but are no t limited to, future capital
needs, changes, and delays in product development plans and schedules, or market
acceptance.
Contact:
Henry Harrison
IR Pro 2.0
407-682-2001
www.irprpro.com
www.healthcarestock.net
SOURCE: Southern Home Medical Equipment, Inc.
CONTACT: http://www.irprpro.com/
http://www.healthcarestock.net/
Copyright 2011 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Medical and Healthcare:Healthcare
Medical and Healthcare:Medical Devices
&! nbsp; Professional Services:Human Resources
Medical and Healthcare:Nursing
Pharmaceuticals and Biotech:Equipment and Supplies
Medical and Healthcare:Facilities and Providers