Featured Gem: HRAL, Improves Profitability!
Aug 26th, 2009 by beststockreport
NanoCap Gem$ Featured Gem Improves Profitability!
Issue #79 August 25, 2009
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Dear Subscribers:
Our Featured Gem, HearAtLast Holdings Corp., HRAL, has announced big news this morning, as the company has improved profitability, helping their bottom line, and helping shareholders! HRAL is selling for 4.4 cents today, here’s the headline, followed by the release:
HearAtLast Eliminates Costly Overheads and Focuses on Increased Profitability
Mississauga, Ontario; August 25, 2009 (PINKSHEETS: HRAL) HearAtLast Holdings, Inc. a leading provider of suitable affordable solutions to clients with hearing needs in the billion dollar hearing loss market, announced today that through the addition of Louis Isabella; CFO; and the Evans Martin group, the Company has identified several significant cost cutting measures.
The new direction of HearAtLast Holdings, Inc. sees dramatic reductions in operating costs across the board. Restructuring at the corporate level will enable HearAtLast to successfully reduce management monthly expenses by approximately $240,000 without diminishing the team or duties of management.
With the new revenue and community out reach model developed by Robert J. Oswald and Pierre LaFontaine now in place, the clinic operating expenses have also been reduced by $20,000-$30,000 per clinic or upwards of $500,000 annually moving forward. “These resources can now be channeled into marketing, brand awareness let alone the bottom line,” states Louis Isabella; CFO. “We as company and management team have simply assumed more responsibility at all levels of the operation, thus creating a break even point and profitability well ahead of previous forecasts thus increasing shareholder value.
About HearAtLast
HearAtLast Holdings, Inc. is a Nevada corporation that owns and operates its wholly-owned subsidiary of hearing stores co-located within select Wal-Mart stores throughout Canada. Their chain of hearing stores specializes in the sale of digital hearing aids and testing services. The Company is the affordable hearing solution for Canadians, combining the most sought after retail space in North America with convenience and location. HearAtLast provides State of the Art Hearing Testing and Dispensing services to individuals with all types of measurable hearing loss.
HearAtLast facilities sell a selection of high quality brand name hearing aids and also offer complimentary screening tests, clinical hearing tests, high end ear buds and assistive listening devices. The Company’s mission is to consolidate the highly fragmented hearing services industry while providing unparalleled service to the estimated 30+ million hearing impaired individuals throughout North America. After a prescription is approved, the independent on-site audiologists and hearing aid practitioners at HearAtLast utilize a refined process to dispense the latest in Name Brand digital hearing aids.
For more information please visit www.hearatlast.com
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NanoCap Gems, based in the Sacramento region of California, is an on-line financial magazine and marketer, and its new Visibility Division offers a marketing platform for companies of less than 50 million in market cap. The Visibility Division offers company-paid visibility and marketing through its “Company Spotlight” and “Featured Gems” strategic marketing campaigns, for companies seeking media and retail exposure. For free updates, and to learn how your company can benefit, please visit us at www.nanocapgems.com. NanoCap Gems is currently profiling several companies, including HearAtLast Holdings.
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