Healthwarehouse.Com (HEWA) 0.1025 $HEWA
HealthWarehouse.com Awarded 2015 Bizrate(R) Circle of Excellence Award
Business Wire - Tue Oct 06, 7:00AM CDT
HealthWarehouse.com, Inc. (OTCQB: HEWA), the only VIPPS accredited online pharmacy licensed in all 50 states, announced today that it was awarded the 2015 Bizrate(R) Circle of Excellence Award for the fourth time and is the only VIPPS accredited pharmacy selected to win the award.
HealthWarehouse.com Reports 27.9% Quarterly Sales Growth Year over Year
Filing Services Canada XHTML - Wed Aug 12, 7:34AM CDT
HealthWarehouse.com and RxREVU Partner to Provide Drug Price Transparency to Consumers
Filing Services Canada - Thu Jun 11, 7:30AM CDT
HealthWarehouse.com and RxREVU Partner to Provide Drug Price Transparency to Consumers Partnership could save consumers between $500 and $3,000 per medication annually. Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only VIPPS accredited online and mail-order pharmacy licensed in all 50 states, today announced a partnership with RxREVU, Inc. to bring prescription drug delivery options and drug price transparency to U.S. consumers. RxREVU, Inc. offers the worlds most advanced Prescription Intelligence Platform on the market today. RxREVUs platform brings all clinical protocols, formulary, costs, claims, restrictions and more, with their clinical, adherence and efficacy data into one intuitive platform. With RxREVU, its easy to get the right information to the right person at the right time - to help members and providers make more-informed decisions. RxREVUs customers now have access to HealthWarehouse.coms drug pricing, including the option to purchase the medications for home delivery. We are excited to add a home delivery option for out-of-pocket payers, individuals with high copays, high deductibles, or no insurance coverage, said Carm Huntress, RxREVUs CEO. This partnership helps further RxREVUs mission to enable Prescription Intelligence at the point of care. HealthWarehouse.coms CEO Lalit Dhadphale stated We are delighted to partner with RxREVU, a company which shares our goal of bringing drug price transparency to consumers. RxREVUs platform contains over 6,500 cost-saving recommendations covering all major medications. Patients can save between $500 and $3,000 average per year, per medication optimization. Furthermore, RxREVUs research is sourced from evidence based, peer-reviewed medical journals, making it the most comprehensive and trusted data source on the market today. About RxREVU Denver-based RxREVU, Inc. helps employers and employees lower drugs costs with an innovative Prescription Intelligence Platform. This platform is powered by 12 strategies through an advanced clinical algorithm aimed at providing users with cost & quality options for nearly any drug on the consumer market today. Their prescription Intelligence Platform is available to healthcare applications such as insurance portals, provider portals and consumer mobile applications. Visit www.RxREVU.com (http://www.rxrevu.com/) to learn more about the company. Contact Dan Caron, COO dan.caron@rxrevu.com (800) 360-4965 About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The Company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Contact Mr. Lalit Dhadphale, CEO lalit@healthwarehouse.com (859) 444-7341 Lalit Dhadphale (859) 444-7341 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...112015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
HealthWarehouse.com to Present at the 2015 Marcum MicroCap Conference
Filing Services Canada XHTML - Tue May 26, 3:16PM CDT
HealthWarehouse.com Reports 9.3% Sales Growth Quarter over Quarter
Filing Services Canada - Thu May 14, 7:00AM CDT
HealthWarehouse.com Reports 9.3% Sales Growth Quarter over Quarter Net Loss Narrows by 65.6% While Gross Margin Remains Steady at 61% Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only VIPPS accredited online and mail-order pharmacy licensed in all 50 states, today announced financial results for the quarter ended March 31, 2015. For the quarter ended March 31, 2015, net sales improved to $1,612,676 up 9.3% from the prior quarter ended December 31, 2014. Gross margin remained steady at 61% while net loss narrowed by 65.6% to ($200,788) from the quarter ended March 31, 2015 from ($582,340) for the quarter ended December 31, 2014. For the quarter ended March 31, 2015, HEWA reported adjusted EBITDAS of ($65,406), vs. adjusted EBITDAS of ($392,436) for the quarter ended December 31, 2014, an improvement of 82.9%. The Company believes that adjusted EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock-Based Compensation), a non-GAAP financial measure, is useful in evaluating its operating performance compared to that of other companies in our industry. Our renewed focus to serve online consumers who pay out of pocket for their prescriptions has begun to show gains financially with core online prescription and over-the-counter (OTC) revenue growth and significantly reduced net losses. Moreover, evidence that we are providing a valuable service is shared daily in our customer reviews, said Mr. Lalit Dhadphale, President & CEO of HealthWarehouse.com. A customer recently shared the following review, These guys are awesome! I've been dealing with HealthWarehouse.com for a good many years and have never been anything but satisfied. I take quite a bit of medication and their prices for generics have been even lower than my copay with my insurance when I had been working. Now that I'm on Medicare, I have a Part D plan for medication. Some generic drugs I take aren't even covered by the plan. So, I get them through HealthWarehouse.com. Reasonable prices, quick delivery, exceptional customer service. 1st Quarter 2015 Highlights: Â?[[44]] Net Sales: Increased by $137,421 or 9.3% compared to the 4th Quarter of 2014, due to increased advertising activity, specifically with Google. Â?[[44]] Gross Profit: Increased by $75,498 or 8.3% compared to the 4th Quarter of 2014 due to the sales growth while holding margins steady at 61% . Â?[[44]] SG&A Expenses: Declined by $576,756 or 34.2% compared to the 4th Quarter of 2014, primarily due to reductions in stock based compensation, litigation settlement and legal expenses. Â?[[44]] Net Loss: Declined by $381,552 or 65.5% compared to the 4th Quarter of 2014 as a result of the increased net sales and reduced operating expenses as detailed above. About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The Company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Forward-Looking Statements This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect HealthWarehouse.com (http://healthwarehouse.com/)'s financial results is included in HealthWarehouse.com (http://healthwarehouse.com/)'s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings. Use of Non-GAAP Measures HealthWarehouse.com (http://healthwarehouse.com/), Inc. (the "Company"
prepares its consolidated financial statements in accordance with the United States generally accepted accounting principles ("U.S. GAAP" . In addition to disclosing financial results prepared in accordance with U.S. GAAP, the Company discloses information regarding adjusted EBITDAS, which differs from the term EBITDA as it is commonly used. In addition to adjusting operating loss to exclude interest, depreciation and amortization, adjusted EBITDAS also excludes stock issued for services, and certain other non-cash charges. Adjusted EBITDAS is not a measure of performance defined in accordance with U.S. GAAP. However, adjusted EBITDAS is used internally in planning and evaluating the Company`s performance. Accordingly, management believes that disclosure of this metric offers investors, bankers and other shareholders an additional view of the Company`s operations that, when coupled with the GAAP results, provides a more complete understanding of the Companys financial results. Adjusted EBITDAS should not be considered as an alternative to net loss or to net cash used in operating activities as a measure of operating results or of liquidity. It may not be comparable to similarly titled measures used by other companies, and it excludes financial information that some may consider important in evaluating the Company`s performance. A reconciliation of U.S. GAAP net loss to adjusted EBITDAS is included in the accompanying financial schedules. Contact Mr. Lalit Dhadphale, CEO lalit@healthwarehouse.com (859) 444-7341 To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...142015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
HealthWarehouse.com Reports 2014 Annual Results
Filing Services Canada XHTML - Thu Apr 02, 7:32AM CDT
HealthWarehouse.com Renews Senior Secured Debt With Melrose Capital
Filing Services Canada - Wed Mar 18, 8:00AM CDT
HealthWarehouse.com Renews Senior Secured Debt With Melrose Capital Renewal Highlights Senior Lenders Confidence in Management & Business Model Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only Verified Internet Pharmacy Practice Site (VIPPS) accredited online pharmacy licensed in all 50 states serving consumers who pay out of pocket for their prescriptions, today announced a renewal of the companys Senior Secured Debt for up to 12 months. When we first became involved with HealthWarehouse.com, we saw the long term potential of the company. Despite many challenges over the past 24 months, the company has been able to trim costs, stabilize revenues and increase gross margins significantly. While challenges remain with the balance sheet, we believe management is moving the company in the right direction by focusing on profitability and its core business, the out-of-pocket cash prescription payer market, said Tim Reilly, Managing Member of Melrose Capital. Terms of the renewal from Melrose Capital extend the debt six months to September 1, 2015 and conditional on a $350,000 capital raise the maturity date can be extended an additional six months to March 1, 2016. We are fortunate to have great partners like Melrose Capital involved in the company. The opportunity to service consumers who pay out of pocket for their prescriptions continues to grow. As the leader in this growing niche, we continue to stay focused on helping consumers save money by providing them with legitimacy, value and convenience, said Lalit Dhadphale, President & CEO of HealthWarehouse.com. A recent article by WCPO TV Reporter John Matarese showed HealthWarehouse.com having the lowest priced generic prescription medications when compared with other legitimate pharmacies. The following table highlights pricing on four medications mentioned in the comparison: To view this table, please either click on the link below, or copy and paste the link into your browser: A link to the video and full article can be found at: http://www.wcpo.com/money/consumer/dont-waste...rug-prices About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Forward-Looking Statements HealthWarehouse.com (http://healthwarehouse.com/)'s financial results is included in HealthWarehouse.com (http://healthwarehouse.com/)'s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings. HealthWarehouse.com Lalit Dhadphale, 859-444-7341 lalit@healthwarehouse.com (mailto:lalit@healthwarehouse.com) To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...182015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
HealthWarehouse.com Responds to Senator Klobuchar & McCain on Reintroduction of Canadian Pharmacy Bill
Filing Services Canada XHTML - Tue Jan 27, 7:33AM CST
HealthWarehouse.com Relaunches Website for Consumers Who Pay Out of Pocket for Prescriptions
Filing Services Canada XHTML - Wed Jan 07, 8:08AM CST
HealthWarehouse.com Awarded 2015 Bizrate(R) Circle of Excellence Award
Business Wire - Tue Oct 06, 7:00AM CDT
HealthWarehouse.com, Inc. (OTCQB: HEWA), the only VIPPS accredited online pharmacy licensed in all 50 states, announced today that it was awarded the 2015 Bizrate(R) Circle of Excellence Award for the fourth time and is the only VIPPS accredited pharmacy selected to win the award.
HealthWarehouse.com Reports 27.9% Quarterly Sales Growth Year over Year
Filing Services Canada XHTML - Wed Aug 12, 7:34AM CDT
HealthWarehouse.com and RxREVU Partner to Provide Drug Price Transparency to Consumers
Filing Services Canada - Thu Jun 11, 7:30AM CDT
HealthWarehouse.com and RxREVU Partner to Provide Drug Price Transparency to Consumers Partnership could save consumers between $500 and $3,000 per medication annually. Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only VIPPS accredited online and mail-order pharmacy licensed in all 50 states, today announced a partnership with RxREVU, Inc. to bring prescription drug delivery options and drug price transparency to U.S. consumers. RxREVU, Inc. offers the worlds most advanced Prescription Intelligence Platform on the market today. RxREVUs platform brings all clinical protocols, formulary, costs, claims, restrictions and more, with their clinical, adherence and efficacy data into one intuitive platform. With RxREVU, its easy to get the right information to the right person at the right time - to help members and providers make more-informed decisions. RxREVUs customers now have access to HealthWarehouse.coms drug pricing, including the option to purchase the medications for home delivery. We are excited to add a home delivery option for out-of-pocket payers, individuals with high copays, high deductibles, or no insurance coverage, said Carm Huntress, RxREVUs CEO. This partnership helps further RxREVUs mission to enable Prescription Intelligence at the point of care. HealthWarehouse.coms CEO Lalit Dhadphale stated We are delighted to partner with RxREVU, a company which shares our goal of bringing drug price transparency to consumers. RxREVUs platform contains over 6,500 cost-saving recommendations covering all major medications. Patients can save between $500 and $3,000 average per year, per medication optimization. Furthermore, RxREVUs research is sourced from evidence based, peer-reviewed medical journals, making it the most comprehensive and trusted data source on the market today. About RxREVU Denver-based RxREVU, Inc. helps employers and employees lower drugs costs with an innovative Prescription Intelligence Platform. This platform is powered by 12 strategies through an advanced clinical algorithm aimed at providing users with cost & quality options for nearly any drug on the consumer market today. Their prescription Intelligence Platform is available to healthcare applications such as insurance portals, provider portals and consumer mobile applications. Visit www.RxREVU.com (http://www.rxrevu.com/) to learn more about the company. Contact Dan Caron, COO dan.caron@rxrevu.com (800) 360-4965 About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The Company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Contact Mr. Lalit Dhadphale, CEO lalit@healthwarehouse.com (859) 444-7341 Lalit Dhadphale (859) 444-7341 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...112015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
HealthWarehouse.com to Present at the 2015 Marcum MicroCap Conference
Filing Services Canada XHTML - Tue May 26, 3:16PM CDT
HealthWarehouse.com Reports 9.3% Sales Growth Quarter over Quarter
Filing Services Canada - Thu May 14, 7:00AM CDT
HealthWarehouse.com Reports 9.3% Sales Growth Quarter over Quarter Net Loss Narrows by 65.6% While Gross Margin Remains Steady at 61% Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only VIPPS accredited online and mail-order pharmacy licensed in all 50 states, today announced financial results for the quarter ended March 31, 2015. For the quarter ended March 31, 2015, net sales improved to $1,612,676 up 9.3% from the prior quarter ended December 31, 2014. Gross margin remained steady at 61% while net loss narrowed by 65.6% to ($200,788) from the quarter ended March 31, 2015 from ($582,340) for the quarter ended December 31, 2014. For the quarter ended March 31, 2015, HEWA reported adjusted EBITDAS of ($65,406), vs. adjusted EBITDAS of ($392,436) for the quarter ended December 31, 2014, an improvement of 82.9%. The Company believes that adjusted EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock-Based Compensation), a non-GAAP financial measure, is useful in evaluating its operating performance compared to that of other companies in our industry. Our renewed focus to serve online consumers who pay out of pocket for their prescriptions has begun to show gains financially with core online prescription and over-the-counter (OTC) revenue growth and significantly reduced net losses. Moreover, evidence that we are providing a valuable service is shared daily in our customer reviews, said Mr. Lalit Dhadphale, President & CEO of HealthWarehouse.com. A customer recently shared the following review, These guys are awesome! I've been dealing with HealthWarehouse.com for a good many years and have never been anything but satisfied. I take quite a bit of medication and their prices for generics have been even lower than my copay with my insurance when I had been working. Now that I'm on Medicare, I have a Part D plan for medication. Some generic drugs I take aren't even covered by the plan. So, I get them through HealthWarehouse.com. Reasonable prices, quick delivery, exceptional customer service. 1st Quarter 2015 Highlights: Â?[[44]] Net Sales: Increased by $137,421 or 9.3% compared to the 4th Quarter of 2014, due to increased advertising activity, specifically with Google. Â?[[44]] Gross Profit: Increased by $75,498 or 8.3% compared to the 4th Quarter of 2014 due to the sales growth while holding margins steady at 61% . Â?[[44]] SG&A Expenses: Declined by $576,756 or 34.2% compared to the 4th Quarter of 2014, primarily due to reductions in stock based compensation, litigation settlement and legal expenses. Â?[[44]] Net Loss: Declined by $381,552 or 65.5% compared to the 4th Quarter of 2014 as a result of the increased net sales and reduced operating expenses as detailed above. About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The Company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Forward-Looking Statements This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect HealthWarehouse.com (http://healthwarehouse.com/)'s financial results is included in HealthWarehouse.com (http://healthwarehouse.com/)'s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings. Use of Non-GAAP Measures HealthWarehouse.com (http://healthwarehouse.com/), Inc. (the "Company"
prepares its consolidated financial statements in accordance with the United States generally accepted accounting principles ("U.S. GAAP" . In addition to disclosing financial results prepared in accordance with U.S. GAAP, the Company discloses information regarding adjusted EBITDAS, which differs from the term EBITDA as it is commonly used. In addition to adjusting operating loss to exclude interest, depreciation and amortization, adjusted EBITDAS also excludes stock issued for services, and certain other non-cash charges. Adjusted EBITDAS is not a measure of performance defined in accordance with U.S. GAAP. However, adjusted EBITDAS is used internally in planning and evaluating the Company`s performance. Accordingly, management believes that disclosure of this metric offers investors, bankers and other shareholders an additional view of the Company`s operations that, when coupled with the GAAP results, provides a more complete understanding of the Companys financial results. Adjusted EBITDAS should not be considered as an alternative to net loss or to net cash used in operating activities as a measure of operating results or of liquidity. It may not be comparable to similarly titled measures used by other companies, and it excludes financial information that some may consider important in evaluating the Company`s performance. A reconciliation of U.S. GAAP net loss to adjusted EBITDAS is included in the accompanying financial schedules. Contact Mr. Lalit Dhadphale, CEO lalit@healthwarehouse.com (859) 444-7341 To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...142015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc. HealthWarehouse.com Reports 2014 Annual Results
Filing Services Canada XHTML - Thu Apr 02, 7:32AM CDT
HealthWarehouse.com Renews Senior Secured Debt With Melrose Capital
Filing Services Canada - Wed Mar 18, 8:00AM CDT
HealthWarehouse.com Renews Senior Secured Debt With Melrose Capital Renewal Highlights Senior Lenders Confidence in Management & Business Model Cincinnati, Ohio (FSCwire) - HealthWarehouse.com, Inc. (OTCQB:HEWA), the only Verified Internet Pharmacy Practice Site (VIPPS) accredited online pharmacy licensed in all 50 states serving consumers who pay out of pocket for their prescriptions, today announced a renewal of the companys Senior Secured Debt for up to 12 months. When we first became involved with HealthWarehouse.com, we saw the long term potential of the company. Despite many challenges over the past 24 months, the company has been able to trim costs, stabilize revenues and increase gross margins significantly. While challenges remain with the balance sheet, we believe management is moving the company in the right direction by focusing on profitability and its core business, the out-of-pocket cash prescription payer market, said Tim Reilly, Managing Member of Melrose Capital. Terms of the renewal from Melrose Capital extend the debt six months to September 1, 2015 and conditional on a $350,000 capital raise the maturity date can be extended an additional six months to March 1, 2016. We are fortunate to have great partners like Melrose Capital involved in the company. The opportunity to service consumers who pay out of pocket for their prescriptions continues to grow. As the leader in this growing niche, we continue to stay focused on helping consumers save money by providing them with legitimacy, value and convenience, said Lalit Dhadphale, President & CEO of HealthWarehouse.com. A recent article by WCPO TV Reporter John Matarese showed HealthWarehouse.com having the lowest priced generic prescription medications when compared with other legitimate pharmacies. The following table highlights pricing on four medications mentioned in the comparison: To view this table, please either click on the link below, or copy and paste the link into your browser: A link to the video and full article can be found at: http://www.wcpo.com/money/consumer/dont-waste...rug-prices About HealthWarehouse.com HealthWarehouse.com, Inc. (OTCQB:HEWA) is a trusted VIPPS accredited online pharmacy based in Florence, Kentucky. The company is focused on the growing out of pocket prescription market, which is expected to grow to $80 billion in 2015. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States. HealthWarehouse.com is licensed in all 50 states and only sells drugs that are FDA-approved and legal for sale in the United States. Visit HealthWarehouse.com online at http://www.HealthWarehouse.com (http://us.lrd.yahoo.com/SIG=11jgvkj9s/EXP=1313683171/**http%3A/www.healthwarehouse.com/). Forward-Looking Statements HealthWarehouse.com (http://healthwarehouse.com/)'s financial results is included in HealthWarehouse.com (http://healthwarehouse.com/)'s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings. HealthWarehouse.com Lalit Dhadphale, 859-444-7341 lalit@healthwarehouse.com (mailto:lalit@healthwarehouse.com) To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...182015.pdf Source: HealthWarehouse.com Inc. (OTCQB:HEWA) http://www.healthwarehouse.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
HealthWarehouse.com Responds to Senator Klobuchar & McCain on Reintroduction of Canadian Pharmacy Bill
Filing Services Canada XHTML - Tue Jan 27, 7:33AM CST
HealthWarehouse.com Relaunches Website for Consumers Who Pay Out of Pocket for Prescriptions
Filing Services Canada XHTML - Wed Jan 07, 8:08AM CST
