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Vital Health Technologies, Inc. / Caribbean American Health Resorts Inc. Acquires Momentum Medical Group, Inc.

Publication: PR Newswire
Publication Date: 26-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Acquisition of Momentum Medical Group, Inc. will provide substantial revenues for the company

BEVERLY HILLS, Calif., Feb. 25 /PRNewswire-FirstCall/ -- Vital Health Technologies, Inc. / Caribbean American Health Resorts, Inc. (Pink Sheets: CAHR) of Beverly Hills, California, today announced the acquisition of Momentum Medical Group, Inc. in a stock and corporate note deal valued at approximately $8 million.

With Momentum Medical un-audited revenues in excess of 6 million dollars for the year ended December 31, 2007, the addition will create substantial increase in Vital Health Technologies / Caribbean American Health Resorts' revenue stream.

Momentum Medical Group operates two 24 Hour Full Service Medical Clinics in California. It is a provider of affordable, accessible, and comprehensive medical care through its Medical clinics in the United States. Momentum's medical clinics are a paradigm for...

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