Press Releases
PERFORMANCE HEALTH TECHNOLOGIES, INC. RECEIVES 'NO FURTHER COMMENTS' FROM THE SEC ON FORM 10-SB
Trenton, New Jersey (January 16, 2008)Contact: Dominique Prunetti Miller (609) 656-0181
Trenton, New Jersey, January 16, 2008 – Performance Health Technologies, Inc. is pleased to announce that the Securities and Exchange Commission (“SEC”) has no further comments with regard to the Company’s registration statement on Form 10-SB as amended. The Company has been a public reporting company under the Securities Exchange Act of 1934 since July 13, 2007.
The Company’s common stock is presently not traded on any market or securities exchange. In October, 2007, a NASD member firm filed a Form 211 Application on behalf of the Company for the purpose of obtaining an OTC Bulletin Board listing of the Company’s common stock. The NASD responded to the October filing with a request for additional information which the Company is in the process of submitting. According to NASD policies, companies must reach a “no further comment” stage among other items with respect to their Form 10-SB in order to be quoted on the OTC Bulletin Board.
Robert D. Prunetti, Chief Executive Officer of Performance Health Technologies said “We look forward to working with our market maker to complete the process to have our shares trading on the OTC Bulletin Board”.
About Performance Health Technologies, Inc.
Performance Health develops and markets performance evaluation and rehabilitation products that monitor and guide exercise and give real-time motivational feedback. Additional information can be obtained by calling the Company’s headquarters in Trenton, New Jersey, 609-656-0800, and through the Company website www.performancehealth.com.
Safe Harbor for Forward-Looking Statements
The foregoing contains “forward-looking statements,” which are based on management’s beliefs, as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside the Company’s control that could cause actual results to differ materially from such statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This notice does not constitute an offer of any securities for sale.
