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Monday, May 23, 2011 9:25:14 AM
Marketwire
Healthnostics, Inc. (PINKSHEETS: HNSS) paid $280,994 to eliminate notes payable, leaving a balance of $51,463 which will be retired in the coming months. These transactions significantly strengthen the Company by removing all long-term debt from the balance sheet.
Management is confident that the Company can fund ongoing and future operations without reliance upon debt. It is a financial strategy that provides stability, reduces risk, and eliminates interest expenses.
About Healthnostics
Healthnostics, Inc. is a medical products manufacturer, system manufacturer, product distribution, and consulting company. Healthnostics' subsidiary, Worldwide Wipes Co., is a major manufacturer and distributor of medical and general swabs.
For further information please visit Healthnostics www.healthnostics.com, and Worldwide Wipes Co. www.wipesco.com.
And visit us on Facebook at www.facebook.com/Healthnostics.
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