New Wave Holdings, Inc. (OTC Pink: NWAV) is engaged as a manager of alternative health clinics. Treatment focus and solutions are on cannabis, acupuncture, chiropractic, biofeedback, and more. Shares of the alternative health company are rallying 28.38%, through early trading on Tuesday, February 7, 2017. Over the past month, New Wave Holdings, Inc. has seen average daily volume of 5.85 million shares. However, volume of 11.74 million shares or dollar volume of $102,490, has already exchanged hands through early trading Tuesday.
Shares of New Wave Holdings, Inc. are rallying Tuesday, after the company announced that its subsidiary, PAO Group, Inc., will open numerous alternative healthcare facilities in Ohio and Florida. The company’s flagship clinic in Sandusky, Ohio says they will be accepting appointments by the end of February 2017. In addition, New Wave Holdings, Inc. says they expect new Florida clinics to be open by the end of February. Here is the company’s announcement of expanding alternative health clinics:
New Wave Holdings, Inc. Press Release:
SANDUSKY, OH–(Marketwired – Feb 7, 2017) – New Wave Holdings, Inc. ( OTC : NWAV ) PAO Group, Inc., a physicians practice management company focused on proper use of cannabis for treatment of chronic and terminal patients, is pleased to announce the opening of four new PAO facilities in the states of Ohio and Florida.
The Company’s flagship clinic in Sandusky, Ohio is on track to begin accepting appointments before the end of February 2017, and the company has just begun construction in Cleveland for their second facility in the state of Ohio, which became the 25th state to legalize Cannabis for medical purposes late last year.
In addition, PAO is on track to open at least three more locations in Florida by the end of February. They include Orange Park, Jacksonville Beach and Ft. Lauderdale, with a location in Green Coast Springs to follow thereafter.
“This has been an incredible new year,” states PAO Group CEO, Robert Weber. “We are thrilled to be ahead of schedule on our goals for Q1, which includes construction on the new facility in Cleveland along with a sizeable impression in the state of Florida for our first month in. We’re also honored with the opportunity to bring shareholder value to the table and grateful for the reception thus far. Our Facebook live tour of the Sandusky facility, which we posted just a few days ago, has a reach of over 18,000 and counting, with zero ad or promotion.
The Company plans to update shareholders on additional facility openings and unique opportunities in the space as they continue to grow operations through an assertive growth plan including key strategic alliances.
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Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.