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Asunto:[vigilantes] HealthCare Sector - TRHL - Record Revenue...dea
Fecha:Miercoles, 21 de Enero, 2004  05:45:18 (-0500)
Autor:Floyd Land <u553cvyh @....us>

Press Release - TRHL 
 
TRHL Announces RECORD REVENUE GROWTH In Q3 Fiscal 2003 
 
Q3 2003 marks 7th consecutive quarter of revenue growth. 
Revenues up 385% and 329% for the three and nine month periods, respectively. 
 
BECKENHAM, England---PRNewswire-FirstCall---True Health, Inc., (OTC Bulletin
Board: TRHL) a leader in healthcare recruitment  
 
and pressure relieving systems, announces record revenues for the three and nine
month periods ended October 31, 2003. 
The Company reported revenues of 1,302,936 dollars US for its third quarter
ended October 31, 2003, a 385% increase over  
 
revenues of 268,636 in the third quarter of fiscal 2002. Revenue growth was
driven by an increasing number of customers and  
 
contracts for the Company's equipment sales and rental business, as well as
robust growth in the Company's new healthcare  
 
recruitment service. Gross profits were up 143% to 513,027 in the third quarter
of fiscal 2003, from 210,949 in the same  
 
period of the prior fiscal year. Net loss narrowed 80% from (207,451) in the
third quarter of fiscal 2002 to (40,929), or  
 
(0.00) per basic and diluted share in the period ended October 31, 2003. 
 
True Health reported similar results for the nine months ended October 31, 2003.
Revenues were up 329% to 2,732,744 as  
 
compared to 636,673 in the first three quarters of fiscal 2002. Growth in
revenues was attributed to the success of the  
 
Company's newly introduced healthcare recruitment services, as well continued
growth and new contracts for True Health's  
 
equipment sales and rentals. The Company reported gross profits of 1,162,303 in
the nine months ended October 31, 2003, up  
 
106% from 553,700 in the same period of the prior year. Net loss increased from
(68,311) in the nine month period ended  
 
October 31, 2002, to (759,402), or (0.01) per basic and diluted share, in the
first three quarters of fiscal 2003. The  
 
Company's net loss widened for the nine-month period as a result of one-time
expenses. 
 
 
This is for information purposes only. Penny stocks are considered to be highly
speculative and may be unsuitable for all but  
 
very aggressive investors. We do not hold or plan to hold a position in this
stock. This Profile was a paid advertisement by  
 
a third party not affiliated with the profiled company. We were compensated 3000
dollars to distribute this report only.  
 
Please always consult a registered financial advisor before making any
decisions. 
 
No more advertisements: www.sftwre.biz/gh/r/remove.asp 
 
 
 
 
 
 
 
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