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Re: wealthmoney post# 35

Friday, 10/14/2016 3:29:36 AM

Friday, October 14, 2016 3:29:36 AM

Post# of 48358
As outlined in their last PR from 1st Aug'16 already:

2016 PHZIO Customer Acquisition & Sales Goals: Our 2016 goals are to commercially launch on September 6th 2016, the licensing of our PHZIO platform to 3rd party physical therapy practices throughout the U.S.

The American Physical Therapy Association (APTA), Private Practice Section (PPS) members are our initial universe of PT practices to target.
Our sale launch begins with full-page print advertising in the PT industry's premier magazine Impact in early September 2016.
It is then followed up with a full-page ad in the APTA PPS Conference Buyers Guide in early October.
Following these two print ads, we will also be a tier 1 sponsor at the PPS Las Vegas conference from October 19-22, 2016 (October 20th Lunch Sponsor and 4-6pm Cocktail Reception Sponsor & Exclusive PHZIO Demo Session for all attendees).
PHZIO will also have a full-page ad included in November and January 2017 Impact magazine issues.
Our 2016 Customer Acquisition & Sales goals are to on-board at least 35 third-party PT practices during the 3rd and 4th quarter of 2016.
Each on-boarded PT practice will have a goal of inducting at least 3 new patients per week onto our PHZIO platform with a goal of delivering at least 17,000 PHZIO exercise session in the second half of 2016. Based upon achieving this number of PHZIO sessions, it would generate approximately $344,000 in gross revenue for the Company, during the second half of 2016.



http://www.marketwired.com/press-release/ewellness-announces-its-2016-phzio-customer-acquisition-sales-strategy-otcqb-ewll-2146846.htm

Seems like they are planning a lot of PR work and Ads in order to get this thing started finally. Worth watching imo.

Per the last 10Q:

On April 15, 2016, the Company authorized the issuance of 10,000 shares for consulting services for a value of $30,000.

On May 17, 2016, the Company authorized the issuance of 100,000 shares for consulting services for a value of $10,000.

On May 23, 2016, the Company authorized the issuance of 450,000 shares for consulting services for a value of $1,669,500.

On June 2, 2016, the Company sold 120,000 shares for $120,000 cash.

As of the period ended June 30, 2016, the Company has 19,377,770 shares of common stock issued and outstanding.
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Warrants had a purchase price of $.80 per share and the Company has agreed to reduce that to $.50 per share. Amendments for these warrants were issued.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11552134