Medical Alarm Concepts and FirstFitness move forward with merger
Medical Alarm Concepts Holdings has updated investors regarding its merger with FirstFitness.
Sales negotiation professionals could help Medical Alarm Concepts Holding, which has provided investors with an update regarding its intended merger with FirstFitness Nutrition.
Since this was first announced on November 9th 2011, FirstFitness' revenues have rapidly increased due to higher levels of interest in its services.
Combined, the operation is expected to produce revenues worth more than $12 million (£7.71 million) over 2012.
Both enterprises have put February 28th of this year as the merger's ideal closing date.
Furthermore, FirstFitness is expecting retail sales to grow in the immediate future as it is going to unveil the 90-Day Ultimate Body Weight Loss and Fitness Challenge to its key distributors.
Chief executive and president of the FirstFitness Nigel Branson explained the organisation is "very excited" about the progress being made towards the merger.
"Over the short-term, investors will see many positive changes as we restructure our balance sheet," Medical Alarm Concepts' president Ronald Adams declared.
His company also recently signed an agreement with Harrington Multi Media Marketing to advertise and distribute its MediPendant product.
Posted by Edel Quinn
Source: Medical Alarm Concepts Holdings press release, January 25th