OVER 2.5 BILLION SHARES RETIRED MAY 2014 - 1.25 BILLION RETIRED JUNE 2014 - 600 MILLION RETIRED JULY 2014 - 350 MILLION RETIRED AUGUST 2014 - 350 MILLION RETIRED
RESTRUCTURED DEBT Quote: "It is my goal to get Interactive Health Network debt free prior to December 31, 2014. Such cleansing of our balance sheet will provide a platform for focused organic and inorganic growth in our core supplement and health products. Additionally, this will allow the Company to bring additional funding to monetize its existing businesses and assets," said Fred Schiemann, President and CEO of Interactive Health Network.
ACQUISITION OF HERE WE GROW STORES http://herewegrowstore.com/ OVER 5,200 PRODUCTS AND STILL GROWING Indoor Greenhouses » Growing Accessories » Growing Media » Lighting Components » Nutrients & Supplements » Pots, Propagation & Containers »
ACQUISITION OF BIOTEL Quote: "The acquisition of BIOTEL falls in line with our strategy to aggressively penetrate the legal cannabis market through managed service agreements, minority interest investments, and acquisitions," stated Cesar D. Vazquez III, Executive Vice President, Marketing for IHN. "After acquiring Here We Grow Store, this transaction marks our second acquisition in this space since the start of 2014. Both businesses will operate under our Cannabis Health Group subsidiary, which is positioned to capitalize on the immense opportunity in the legal cannabis market as it continues to gain traction here in the United States."
ACQUISITION OF TBLO "IHN has had a strong start to 2014, as we have strengthened our holdings portfolio in the legal cannabis space by executing three strategic acquisitions through our subsidiary, the Cannabis Health Group," stated Cesar D. Vazquez III, Executive Vice President, Marketing for IHN. "Managed service providers such as TBLO and BIOTEL allow us to provide a more comprehensive offering in the recreational and medical marijuana space, and better position us to execute our go-to-market strategy in this high-growth industry. As we continue to cultivate additional revenue pipelines, we believe that we are poised to capitalize on the continued growth in the legal cannabis market and drive value for our shareholders."
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