CHARLES TOWN, W.Va., Aug. 27 ReBuilder Medical Technologies, Inc. (Pink Sheets: RBRM) a provider of electronic treatments for the pain resulting from peripheral neuropathy and Peripheral Artery Disease today announced that it has published its second quarter 09 profits and that profits are up 100% over the first quarter.
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Medical professionals all over the US are now using the ReBuilder as their first choice for the treatment of leg pain.
"We are very pleased to report this profit position," said David Phillips, Ph.D. CEO., "and we have several initiatives to report in the coming days that should enhance that position."
Additionally, Dr. Phillips reports: "We now are in the enviable position of raising cash to fund the acquisition of the additional inventory necessary to fill orders. To that end our legal staff is reviewing a novel way for investors to participate that does not involve loans or buying stock. I am already fielding phone calls inquiring about this potential plan."
Finally, Dr. Phillips told reporters today: "We have waited a long time to get into this exciting phase of our business. We now need to recruit and hire several more staff positions to handle the interest."
Inquiries can be made at www.rebuildermedical.com.
Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
SOURCE ReBuilder Medical Technologies, Inc.