is always thinking green!
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WEQL - very thin share structure
WEQL is certainly in the right market. The wellness segment is less delineated as a specific market because it is a newly emerging market encompassing a variety of businesses that deliver products and services which keep people healthy. These products and services range from healthcare, to aesthetics, to food and medicine. Nutraceuticals alone are a $25 billion industry. The wellness business benefits from proactive customers who voluntarily become clients. These individuals seek to feel healthier and reduce the effects of aging and proactively prevent disease from developing. Although a plethora of products and services are offered
around wellness, no brand name has emerged that serves customers through a retail facility the way WellQuest currently does.
Looking at the market helps to guess who is going to make the next big impact. There is a dearth of integrated providers who can offer a one-stop shop for customers who seek a clinic, a wellness center,and aesthetic services. WellQuest is not aware of any other company that provides all three of its services in one integrated facility. Rather, there are some companies that may offer one or two of the categories offered by WellQuest.
On a national level, Radiance MedSpa Franchise Group has 40 locations nationwide, while Sona Med Spas has 19 locations across the U.S. Both of these companies only provide physician supervised non-surgical aesthetic services. They offer neither a clinic nor wellness programs. There are several regional companies in the southeastern U.S. that are only clinics, with just one fi rm that offers combined aesthetics and wellness services without a clinic. WellQuest believes there is no dominant player in its niche and seeks to establish itself as that.
WEQL seems to be working the right formula -- For the 2008 fiscal year ended December 31, 2008, WellQuest reported revenues of $3.3 million, a 39% increase over revenues of $2.4 million in fiscal 2007. The Company recently reported record revenues of $944,123 for the third quarter of fi scal 2009, a 22% increase over revenues of $775,991 in the same period of the prior fiscal year. On a quarter-over-quarter basis, revenues have grown 13 out of 17 quarters since WellQuest’s first center opened.
WEQL CEO seems to be the real thing -- The Company’s founder and President, Steve Swift, is a healthcare service industry veteran. He has led diversified medical clinics with annual revenues of $200 million. Managing hospitals, out-patient surgery, diagnostic centers, large multi-specialty physician clinics and health insurance risk pools has given Mr. Swift a broad understanding of the benefits and limitations of healthcare delivery. With WellQuest he has formulated a solution for wellness-based healthcare delivery that is proving effective in customer satisfaction as well as in reducing healthcare costs.
very similar business models. Both are going to make a huge impact through expansion. As a single location they are great, but once the name becomes nationwide they will be unstoppable! HUGE
WellQuest’s unique branded wellness environment has found significant traction with its target market group. At its flagship location WellQuest has 19,000 registered clients, with 30,000 client visits per year. High levels of customer satisfaction have led to high return rates with 73% of daily visitors being repeat customers. Effective marketing and word of mouth generates 27% of daily traffic from new visitors.
WEQL has big plans and should be moving up in the near future
should be breaking ground any day on a new location, just waiting to hear the news
seems that we are going to be hearing about alot of action in the near future! They have major expansion plans, now the backing to get started.
which is why they are getting the quick nod from major backers
a dime is going to seem like pipe dreams by years end
WEQL is really rocking on yesterday's news
Based on 25 centers, projected annual revenues would be $80 million yielding an estimated EBITDA of $15 million.
25 locations in five years is the plan. Allready slated to open in Tulsa this year.
WellQuest (WEQL) has no where to go but up. Backers allready trying to get in on the deal.
WEQL opens one location with the plan of 25 more in five years. Allready slated to another early this year.
in there own words, The Company has set a goal to open 25 centers in five years. Based on 25 centers, projected annual revenues would be $80 million yielding an estimated EBITDA of $15 million. WellQuest is slated to open its second location in Tulsa, Oklahoma in 2010.
WEQL (Wellquest) they are going to expand quickly. WellQuest’s strategy is to open multiple locations across the U.S. With each additional clinic, corporate overhead per location would decrease as consolidated cash fl ows and EBITDA increase. Each new center is projected to produce an estimated $3.2 million in annual revenues with $600,000 in EBITDA upon maturity, which is expected 18 months after opening.
WEQL is a penny stock that is going to boom. news yesterday makes me think that they are preparing for some big moves soon.
looks like they were showing record revenues last year. my guess is they are going to continue this growth, young company with no where to go but up.
WellQuest Medical & Wellness Corporation (OTCBB:WEQL) announced today that it has signed an investment banking agreement with New York-based Aurora Capital LLC.
Aurora Capital is to serve as WellQuest’s investment bank, exploring and evaluating various financing options to support WellQuest’s growth initiatives.
Aurora Capital is a boutique investment bank and securities firm, comprised of an experienced team of professionals specializing in the life science sector, which utilizes a rigorous process in the selection of investment ideas and investment banking clients.
“What has really impressed us about WellQuest is their patient-centric approach to delivery of services. Their operating procedures, benefiting both patients and doctors, make a very compelling argument that WellQuest has developed a very competitive strategy,” stated Aurora President Jeff Eliot Margolis.
WellQuest is pursuing its goal to replicate its formula for positive integrative medical experience by opening branded WellQuest facilities in other metropolitan areas of the US. The Company intends to open its next location in Tulsa, Oklahoma.
WellQuest President Steve Swift added, “We are very pleased to work with Aurora for optimal financing options to support our growth.” About WellQuest Medical & Wellness Corporation WellQuest offers its innovative concept in healthcare delivery by integrating conventional and complementary physician medicine with wellness, and aesthetic services in one center, creating an effective environment for the pursuit and maintenance of a healthy life. WellQuest’s unique model for healthcare helps customers get well, stay well, and look well. Currently operating in Bentonville, Arkansas, WellQuest seeks to open locations across the U.S.
Forward Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s ability to obtain the necessary financing to continue and expand operations, to market its products and services in new markets and to offer healthcare services at competitive pricing, anticipated revenue from client visits; general economic conditions and other factors detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission and other regulatory authorities. These statements include, without limitation, statements regarding our ability to prepare the Company for growth; the Company’s planned expansions, and predictions and guidance relating to the Company’s future financial performance. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
yesterdays news should have wellquest jumping today, any idea how high?
WellQuest Medical & Wellness Corporation (OTCBB:WEQL) announced today that it has signed an investment banking agreement with New York-based Aurora Capital LLC.
Aurora Capital is to serve as WellQuest’s investment bank, exploring and evaluating various financing options to support WellQuest’s growth initiatives.
Aurora Capital is a boutique investment bank and securities firm, comprised of an experienced team of professionals specializing in the life science sector, which utilizes a rigorous process in the selection of investment ideas and investment banking clients.
“What has really impressed us about WellQuest is their patient-centric approach to delivery of services. Their operating procedures, benefiting both patients and doctors, make a very compelling argument that WellQuest has developed a very competitive strategy,” stated Aurora President Jeff Eliot Margolis.
WellQuest is pursuing its goal to replicate its formula for positive integrative medical experience by opening branded WellQuest facilities in other metropolitan areas of the US. The Company intends to open its next location in Tulsa, Oklahoma.
WellQuest President Steve Swift added, “We are very pleased to work with Aurora for optimal financing options to support our growth.” About WellQuest Medical & Wellness Corporation WellQuest offers its innovative concept in healthcare delivery by integrating conventional and complementary physician medicine with wellness, and aesthetic services in one center, creating an effective environment for the pursuit and maintenance of a healthy life. WellQuest’s unique model for healthcare helps customers get well, stay well, and look well. Currently operating in Bentonville, Arkansas, WellQuest seeks to open locations across the U.S.
Forward Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s ability to obtain the necessary financing to continue and expand operations, to market its products and services in new markets and to offer healthcare services at competitive pricing, anticipated revenue from client visits; general economic conditions and other factors detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission and other regulatory authorities. These statements include, without limitation, statements regarding our ability to prepare the Company for growth; the Company’s planned expansions, and predictions and guidance relating to the Company’s future financial performance. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
slow moving right now. i have no doubt that the future is going to be bright.
nope this is my only posting name.
VNARF has so many irons in the fire! Going to be hitting on all fronts.
looks green to me!
Hope you bought VEM before today, this train is no stopping! very strong!!
TSX:VEM they are in cahoots with four of the top ten miners in the world. This is so undervalued. SICK MONEY COMING!!
got that right. thinking there will be lots more where this came from. SOON!!
This is a going to be a rocket. getting under the penny should make us all rich real soon. Not to mention it is money you can feel good about earning!
AMHD: watch this penny. Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified Biodiesel as a multi-billion emerging Biofuel market. Amelot plans to have a significant market share in growing low cost feedstocks to supply the growing demand for biodiesel, to reduce energy dependency of fossil fuels, to help reduce the U.S. dependency on foreign oil supplies and reduce the impact of energy on our environment.
VNARF getting greener by the minute
AMHD: looking for this penny to turn big time: Commenting on the last six months, President and CEO Fred Guarnieri acknowledged, "It has been a tough six months, with many speed bumps and detours along the way. They are now no longer an obstacle, and in 2010 we hope to prove to you that nothing can hold us back. Most of our time has been spent doing Company housecleaning, taking the appropriate steps to build investor confidence and interest and also setting the stage for future revenue generating projects. All of our time can now be devoted to these projects."
nice DD lars. this looks like money just waiting to happen!
TSX:VEM you gotta appreciate that they are getting the most for the least. Another priority target will be the high grade silver and copper mineralization in the Santa Cruz and Juan veins that are exposed in cross-cuts off of the Mamacocha adit. The veins are separated by approximately 50 meters and can be tested by a single hole.
these guys know there business