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Notizie:wellstar International, Inc. Shareholder Update

- 23/6/2010 11:39
pinquino


John Antonio, CEO of Wellstar International, Inc. (OTCBB: WLSI), today
issued the following statement:



As the CEO of Wellstar, I wanted to take the time to update all of our
shareholders with the current status of the company, as well as the
direction of where the company is headed.



We have been working very hard to have our Trillennium Medical Imaging
System ready to go to market. As most are aware we have been waiting for
the Duke Study to be published in the ADVANCES IN SKIN AND WOUND CARE
PUBLICATION JOURNAL. While everything has been submitted to the
publisher and there have been two rounds of questions and clarifications
resubmitted, we are confident and excited that we will have the results
published in August or September. This will obviously be a very
important milestone for Wellstar International as this independent
report will validate the results we have been seeing and reinforce the
demand for our Trillennium Medical Imaging System in the marketplace.



The timing of the publication coincides with our new camera being
completed and ready for mass production. As previously announced, we
have contracted with a multi billion dollar manufacturer to have the
camera designed to be market ready and user friendly. Up until this
point, we have been in Beta Tests and getting good results with our
current camera. This testing period has given us the ability to learn
how to improve the system in our target work environment and we have
done so. We have been able to design a better camera specifically made
for our market which is Hospitals, Nursing Homes and Long Term Care
Facilities (LTAC). We also have been able to reduce the cost of the
system by more than 40%. When the company starts to place systems with
the price savings our path to profitability will be very quick. The
company expects to be cash flow positive within 3 months of our initial
launch.



The company will continue to market its new system to hospitals, nursing
homes and long term care facilities for installations starting in
November. In the interim, we will continue ongoing trials and additional
beta testing in facilities with our existing system.



To recap, Wellstar is well positioned to be the first to market with a
system that can predict deep tissue injury that leads to pressure ulcers
or bed soars. Wellstar will start full scale marketing in November of
2010 upon the publication of the results of the Duke Study and the new
TMI Camera being ready for mass production. This is a very exciting time
for Wellstar and its shareholders. We have worked very hard to get to
this point. It may have taken longer than anticipated, but we have
remained steadfast to our goal to be first to market with a superior
product and we are nearing that point. Your constant support is
appreciated and we look to a very successful 2nd half of 2010.



Wellstar will be making announcements to the public as they achieve any
significant progress in the process of rollout and installation of their
systems.



John Antonio
Chief Executive Officer
Wellstar International,
Inc.



This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Prospective investors are
cautioned that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially from
those in forward-statements include fluctuation of operating results,
the ability to compete successfully and the ability to complete
before-mentioned transactions. The company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operation results.



Website is www.wellstar.us


Lista Commenti
1 Commenti
1
1 di 1 - 23/6/2010 11:39
pinquino
caro Giovanni,
di balle fino ad ora ne avete dette tante,malgrado ciò continuate a raccontare balle, spostando sempre il momento in cui ci saranno delle vendite.
Mi auguro che tutto si concretizzi entro la fine anno, altrimenti saremmo costretti a farti un esame sanitario al tuo cervello utilizzando il tuo strumento per esaminare la tua materia grigia.
Da oggi ti consiglio di dare solo informazioni vere e verificabili per i tuoi azionisti che sono molto incazzati.
pinquino
1 Commenti
1

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