BOCA RATON, FL, Feb. 01, 2005 (MARKET WIRE via COMTEX) -- American-Way (OTC: AWBV), a business development corporation located in Boca Raton, Florida, has completed a letter of intent to acquire Lifestyle 21, Inc., a kidney dialysis center. Lifestyle 21 plans to open 11 centers in the next 24 months. Each center will be producing $3 million in revenue yearly. The acquisition will be made with cash and stock.
These centers will be located throughout Florida and will help satisfy a growing demand for dialysis services in the region. Expected revenues will be $3 million per unit per year or $33 million in yearly revenues once opened.
"This is a great way to start the year. With the 5 acquisitions we made last year, this keeps us on our long-term plan," stated Don Platten, the President and CEO of AWBV.
Lifestyle 21, Inc. expects initial private placement funding of $300,000 to be completed this week to secure locations at several S. Florida medical centers.
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.
Recent VEST News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 03:14:01 PM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM