Business
Health Advance Files Current Information and Describes New Product Launch
Health Advance Files Current Information and Describes New Product Launch.
About this update from Health Advance Inc
[{"type":"text","content":"NEW YORK, NY / ACCESSWIRE / June 2, 2021 / Health Advance Inc (OTC PINK:HADV) www.HealthAdvanceGroup.com has restored accountability to shareholders by filing Annual Disclosure Reports for the fiscal years ending March 31, 2020 and March 31, 2021, today. With this step, Health Advance shareholders can become reacquainted with their company following a reporting hiatus. New management at Health Advance has made this possible. The Disclosure Report for the fiscal year ending March 31, 2021 describes plans for restored momentum, happening already, by means of a production joint venture, www.CourtshipWines.com.Of special interest to shareholders is the fact that Health Advance has clear plans for business operations this year. Practical steps have already been taken toward launching new CBD-infused wine products, to be made in the USA and marketed where regulations permit, domestically and internationally, as recently announced. Competent, experienced management is already in place for this purpose, branding has been developed and distribution partners have been identified.Shareholders will be impressed that this is being financed without taking on convertible promissory debt. Health Advance shareholders benefit doubly by the absence of convertible debt and the company's low share float.Health Advance president, Larry McLachlin, summarizes the present situation: "I am not looking backwards regarding previous management's unrealized plans. We are starting with a clean slate. My goal is to get the business operating meaningfully. We want product sales underway asap, and to strive for profitable operations fast. We are not going to be a company that tolerates large losses year after year, as so many junior publicos do. Health Advance today is an exercise in reality. We are only interested in actually monetizing business operations. If something is too vague or too far down the road, then it's not for us. We are going to generate cashflow this year and become known as a trading company that understands how to manage its expenses and organize deals that make money. The other difference of Health Advance's new approach is to have a more collaborative relationship with shareholders. Our filings today are proof of this. We promised filings and we followed-though. We are getting things done that matter to shareholders.&q...