Business
HCi Viocare Announces Commencement of Financing Discussions
HCi Viocare Announces Commencement of Financing Discussions.
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[{"type":"text","content":"\n \n \n HCi Viocare Announces Commencement of Financing Discussions\n \n \nHCi Viocare Announces Commencement of Financing Discussions\n \n GLASGOW, SCOTLAND--(Marketwired - Mar 8, 2016) -  HCi Viocare (OTCQB: VICA) (\"HCi Viocare\", the \"Company\") today announced entering into discussions with various agents, private individuals and investment firms to raise additional capital for its 2016 and 2017 operations, as well as the expansion of its proposed chain of independent prosthetics and orthotics (P&O) and diabetic foot clinics.\n Sotirios Leontaritis, CEO and President of HCi Viocare, stated: \"The Company is in active discussions to raise new capital in order to accelerate the expansion of our prosthetics and orthotics (P&O) and diabetic foot clinics into new markets and for certain technology based project costs in relation to commercialization of various applications of our biomedical technologies in the current fiscal year. Our discussions extend to multiple formats for financing including both equity and debt financing, as well as joint venture discussions with third parties in relation to our branded clinics. We have recently engaged various agents who are actively assisting us in our fund-raising efforts.\"\n The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration, under the Act.\n Company website: www.hciviocare.com\n Glasgow clinic website: www.hci-viocare.co.uk\n Twitter: @HCiViocare\n Glasgow location:\n HCi Viocare, Kintyre House, 209 Govan Road, Glasgow G51 1HJ\n Forward Looking Statements\n This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as \"expects\", \"intends\", \"estimates\", \"projects\", \"anticipates\", \"believes\", \"could\", and other similar words. All statements addressing product performance, events, or developments that the Company expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in the Company'...