Sept 23, 2015 OTC Disclosure & News Service
Post# of 63828
Posted On: 09/23/2015 12:55:47 PM
Sept 23, 2015
OTC Disclosure & News Service
Rockledge, FL -
PLAD, Inc. Purchases Controlling Interest in Vencor International, Inc.
Company estimates it could earn over $1 Million in revenue by 2017
ROCKLEDGE, FL / SEPTEMBER 23, 2015 / PLAD, Inc. (OTC Pink: VCOR) announces it’s goal is to eliminate the possibility of back injuries from performing non-emergent lift assists that are performed daily by firefighters, E.M.S. personnel, Assisted Living personnel, Nursing Home personnel, and home health workers. PLAD has created an industry first lifting device that is light weight and portable, battery powered, can be deployed in a matter of minutes by one or two people, and can lift a patient from the ground to a standing position, into a chair, into a wheelchair, or onto a stretcher with just a pull of a trigger.
“Our company continues to increase its sales and revenue,” Stated Bobby Clark, Chief Executive Officer of PLAD, Inc. “From our latest projected financials we hope to hit over $1 Million in business revenue by December 2017. We have several meetings lined up with industry leaders over the next few months that have the potential to lead to large purchase orders.”
Year-over-year, first responders have seen a rise in calls that are related to fall victims. In 2013 there were 1,575,333 reported fall victims nationally and in 2014 that rose to 1,707,908 - a 7.76% increase![1] First responders are the front line when on site and must lift these fall victims off the ground, which opens up the potential for injury. In 2013 there were roughly 2,600 injuries related to lift assists, with an average cost of $18,365[2] in medical expenses per injury, totaling $47,749,000. Users of PLAD's Pro-Lift portable lift assist devices have saved money, costs, careers, and risk of injury to both employees and patients.
Bobby Clark continued: “Our product speaks for itself and we continue to receive praise and excitement from all of our clients that are currently using PLAD in the field. We felt the OTC Markets was the perfect platform for our company to receive the necessary exposure to continue our rapid growth.”
“We have already invested a substantial amount of money to get VCOR back into good standing with all of its outstanding debts. We hope to have the Company back to Current Information with the OTC Markets within the next few weeks and will continue to provide updates to our shareholders. I will communicate directly with shareholders through bi-monthly CEO letters that can be viewed on the OTC Markets. Stated Bobby Clark, Chief Executive Officer of PLAD, Inc.
“Our Board of Directors will not be raising funds through free trading shares, its primary fundraising efforts will come through A Private Placement Memorandum where shares will be restricted for two years. We are a long term company with long term goals and our fund raising efforts will reflect that.”
About PLAD, Inc.
PLAD's main mission is creating innovative patient lifting products that eliminate personnel injuries from patient handling. These portable lift assist devices are manufactured from the highest quality materials, are lightweight, compact, and portable, and able to safely lift patients in a variety of situations. PLAD strives to make the workplace environment for personnel involved with patient handling a safer place to be and a more comfortable experience for the patient.
Please visit, www.pladinc.com for more information
Contact
info@pladinc.com
OTC Disclosure & News Service
Rockledge, FL -
PLAD, Inc. Purchases Controlling Interest in Vencor International, Inc.
Company estimates it could earn over $1 Million in revenue by 2017
ROCKLEDGE, FL / SEPTEMBER 23, 2015 / PLAD, Inc. (OTC Pink: VCOR) announces it’s goal is to eliminate the possibility of back injuries from performing non-emergent lift assists that are performed daily by firefighters, E.M.S. personnel, Assisted Living personnel, Nursing Home personnel, and home health workers. PLAD has created an industry first lifting device that is light weight and portable, battery powered, can be deployed in a matter of minutes by one or two people, and can lift a patient from the ground to a standing position, into a chair, into a wheelchair, or onto a stretcher with just a pull of a trigger.
“Our company continues to increase its sales and revenue,” Stated Bobby Clark, Chief Executive Officer of PLAD, Inc. “From our latest projected financials we hope to hit over $1 Million in business revenue by December 2017. We have several meetings lined up with industry leaders over the next few months that have the potential to lead to large purchase orders.”
Year-over-year, first responders have seen a rise in calls that are related to fall victims. In 2013 there were 1,575,333 reported fall victims nationally and in 2014 that rose to 1,707,908 - a 7.76% increase![1] First responders are the front line when on site and must lift these fall victims off the ground, which opens up the potential for injury. In 2013 there were roughly 2,600 injuries related to lift assists, with an average cost of $18,365[2] in medical expenses per injury, totaling $47,749,000. Users of PLAD's Pro-Lift portable lift assist devices have saved money, costs, careers, and risk of injury to both employees and patients.
Bobby Clark continued: “Our product speaks for itself and we continue to receive praise and excitement from all of our clients that are currently using PLAD in the field. We felt the OTC Markets was the perfect platform for our company to receive the necessary exposure to continue our rapid growth.”
“We have already invested a substantial amount of money to get VCOR back into good standing with all of its outstanding debts. We hope to have the Company back to Current Information with the OTC Markets within the next few weeks and will continue to provide updates to our shareholders. I will communicate directly with shareholders through bi-monthly CEO letters that can be viewed on the OTC Markets. Stated Bobby Clark, Chief Executive Officer of PLAD, Inc.
“Our Board of Directors will not be raising funds through free trading shares, its primary fundraising efforts will come through A Private Placement Memorandum where shares will be restricted for two years. We are a long term company with long term goals and our fund raising efforts will reflect that.”
About PLAD, Inc.
PLAD's main mission is creating innovative patient lifting products that eliminate personnel injuries from patient handling. These portable lift assist devices are manufactured from the highest quality materials, are lightweight, compact, and portable, and able to safely lift patients in a variety of situations. PLAD strives to make the workplace environment for personnel involved with patient handling a safer place to be and a more comfortable experience for the patient.
Please visit, www.pladinc.com for more information
Contact
info@pladinc.com
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