NetworkNewsBreaks – ORHub, Inc. (ORHB) Provides Business Update; Posts Special Warrant Exercise Price
Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today provided a business update containing the company’s achievements in 2017. Among other highlights, the company has recently expanded its sources of revenue to include medical technology companies, and plans for product offerings to payors, pharmaceutical companies and government agencies. Additionally, the company said that all series of its outstanding warrants will have an immediate Special Exercise Price of $0.35 per warrant until December 31, 2017. "We believe that allowing all series of warrants to expire in accordance with their terms removes the overhang on our capital structure and enhances our capital raising ability going into 2018. Based on our growth, our pipeline, and the value we are providing our existing customers, we are confident that 2018 will see ORHub transition into a revenue-funded operating company," ORHub CEO Colt Melby stated in the news release.
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