The Company acts as a holding company for co
Post# of 350
The Company acts as a holding company for companies in which it has a controlling interest.
Through the addition of GTG to the Company’s portfolio holdings, which will operate as a 100% wholly-owned subsidiary, the Company will work in expanding its markets into vertical, high-growth food and beverage industries.
As part of this business plan, the Company began aggressively seeking acquisition prospects to fulfill the Company’s new purpose and in April 2012, the Company signed a Letter of Intent to acquire GTG, Inc, a company engaged in mobile health-related products and services including eCommerce products and mobile applications. The acquisition of GTG, Inc. closed on September 30, 2012, and GTG, Inc. is a 100% wholly- owned subsidiary of the Company.
GTG a is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its social media sites and mobile applications. The Company operates in three segments: Online Services, Technology Developments and Other Services.
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