Business
DIGX Continues Record Financial Performance in 2017
DIGX Continues Record Financial Performance in 2017.
About this update from Eco Innovation Group, Inc.
[{"type":"text","content":"\n \n \n DIGX Continues Record Financial Performance in 2017\n \n \nDIGX Continues Record Financial Performance in 2017\n \n DALLAS, TX--(Marketwired - May 16, 2017) - Dig-it Underground, Inc. (OTC PINK: DIGX) announces today that the Company has filed its March 31, 2017 First Quarter Report. The Company is proud to report that for the First Quarter it has achieved profitability in excess of $140,000, with revenue of $567,000.\n Mr. Chernyakhovsky, President of Dig-it Underground, Inc., said that the Company's comparative year over year First Quarter 2017 represents a 97% increase in revenues over First Quarter 2016's revenue of $287,000, and a 45% increase in net profits over First Quarter 2016's $96,000 net profit.\n Fiscal year 2017 has had a strong start financially for the company and continued growth is anticipated. Our management continues to seek out suitable acquisitions in the chiropractic arena within the Dallas/Fort Worth Metroplex. Mr. Chernyakhovsky added that, \"Updates will follow as the Company continues to evolve into a bigger and bigger presence in The Dallas/Fort Worth Metroplex.\"\n ABOUT DIGX: Expressions Chiropractic & Rehab, our Wholly Owned Subsidiary, currently has three locations in the Dallas/Fort Worth, Texas Metroplex. For over 10 years, Expressions has provided Chiropractic, Rehab, and other Complementary and Alternative Medicine (CAM) services to our patients and service area. Expressions is currently group credentialed with over 487 Insurance Plans, allowing instant access to patients, and the ability to expand the Company's operations to new locations with minimal additional expenditures towards Insurance Claims cost. CAM is an estimated $33 Billion per year segment of the Health Care Industry and is used by 83 Million American adults annually. The demand for natural health care services is growing rapidly, as consumers become increasingly interested and educated in disease prevention and health maintenance. Chiropractic is recognized by Federal and State Governments as a viable alternative to traditional health care services, and, as such, is accepted for reimbursement by government-sponsored insurance programs, most third-party payers and managed care plans.\n Forward Looking Statements: Statements in this document contain certain forward-looking Securities Exchang...