Business
eWellness Announces a 20% Dividend of Common Stock To Its Non-Affiliated Common Stock Holders
eWellness Announces a 20% Dividend of Common Stock To Its Non-Affiliated Common Stock Holders.
About this update from Ewellness Healthcare Corp
[{"type":"text","content":"\n Culver City, CA, Dec. 09, 2019 (GLOBE NEWSWIRE) -- eWellness Healthcare Corporation – (EWLL) – a provider of the state of the art PHZIO platform for the physical therapy (“PT”) and telehealth markets, announced today that for any non-affiliated holders of its common stock on Monday, December 9, 2019, the Company will issue to those holders a 20% dividend in the form of the issuance of one new share for each five shares of common stock owned by the non-affiliated shareholders. The Company’s officers, directors and control shareholders will not be issued any of the shares of common stock in the stock dividend. (Specific details will be provided in a to-be-released 8-K filing). Darwin Fogt, MPT CEO of EWLL, stated “Given the dilution that our common shareholders have experienced over the recent months, the Company believes that this 20% stock dividend is appropriate under the circumstances and will benefit all of our non-affiliated shareholders.” About eWellness eWellness Healthcare Corporation (OTCQB: EWLL) is the first physical therapy telehealth company to offer real-time distance monitored assessments and treatments. Our business model is to have large-scale employers use our MSK 360 and or PHZIO platform as a fully PT monitored corporate MSK wellness program. The Company’s MSK 360 and PHZIO home physical therapy assessment and exercise platform has been designed to disrupt the $30 billion physical therapy market, the $4 billion MSK market and the $8 billion corporate wellness industry. PHZIO re-defines the way MSK physical therapy can be delivered. PHZIO is the first real-time remote monitored 1-to-many MSK physical therapy platform for home use. For more information on eWellness go to: http://www.ewellnesshealth.com/. http://phzio.com/ http://prehabpt.com/ Safe Harbor StatementThis news release includes certain information that may constitute forward-looking statements. Forward-looking statements are typically identified by terminology such as “could,” “may,” “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “proposed,” “planned,” “potential” and similar expressions, or are ...