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HNSS News 8 years 6 months ago #78

  • brian630
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Healthnostics, Inc. Retires 90 Million Outstanding Shares Marketwire ***"Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 06/30/10 -- Healthnostics, Inc. (PINKSHEETS: HNSS), a medical and biotechnology analytics company, announced that in addition to its recent investment in a medical manufacturing company, it has invested in the repurchase of 90 million shares of its common stock in a private transaction, thereby reducing the actual issued and outstanding shares to 305,857,509. Of this total, the approximately 39 million shares which are not closely held are traded in the public market. These shares constitute the public float.

Both the investment in an ongoing acquisition and the investment in the repurchase of shares will have the immediate effect of increasing shareholder equity through significantly enhanced earnings per share.
Last Edit: 8 years 6 months ago by brian630.
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