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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Horizon Health International Corporation (CE) | USOTC:HZHI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
In May of 2009 the Company entered into a Licensing Agreement with MediChair Calgary, Canada, a franchisee of MEDIchair Corporate. MediChair Calgary (the franchisee) services the Calgary area of a population of just over one million. Under the terms of the licensing agreement, MediChair Calgary will pay to Horizon Health's wholly owned subsidiary - Samson Industries, a monthly license plus 50% of the profit realized from on-line sales generated by MediChair through their web site. MediChair Calgary is one of many individual owned franchisees throughout Canada. MediChair Calgary is the first franchisee that signed on to the E-Commerce Site of Samson Industries. While MediChair Calgary is a franchisee of MEDIchair Corporate, the licensing agreement pertains only to the franchisee and not the Corporate Entity nor does it pertain to any other franchisee. The Company plans to open discussions with the remaining franchisees in the near future and expects to sign many of them to their E-Commerce Site.
The websites are online stores that provide clients access to in excess of 4,000 products, competitive pricing and a safe, secure and user friendly shopping experience throughout Calgary. Product selection includes adaptive technologies, orthopedics and ergonomics.
Company Director Jeff Hoogveld reports "The Company continues exploring the development of other stratigic partners in its industry through the development of E-Commerce sites. Medichair Calgary (the franchisee) has positioned itself to complement its current product line with adaptive technologies, ergonomics and other adaptive aids not readily available in its territory. Not only will its current customers be able to take advantage of their new shop on-line services but others with limited transportation means too, will be able to view the extensive line of new products added. In addition, customers will also be able to view a wider variety of solutions and compare them easier to their limitations and voluntary control. While in its initial stages, this new e-commerce web site shows MediChair Calgary great potential and new revenue streams.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.
Contacts: Horizon Health International Corp. Delbert G. Blewett President 604-998-3385 horizonhealth@shaw.ca www.horizonhealthandsafety.com
1 Year Horizon Health (CE) Chart |
1 Month Horizon Health (CE) Chart |
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