Market & Research Corp. ("Market & Research") Announces SEC Is Prepared to Declare Form 10 of LifeHealthCare, Inc. Effective
Market Wire, August, 2008
Market & Research Corp. (PINKSHEETS: MTRE) today announced that it has received notice from the SEC that the SEC is prepared to declare the Form 10 of LifeHealthCare, Inc. ("LHC") effective, upon request of LHC. This will register LHC under the Securities Exchange Act of 1934, and will require LHC to file all disclosure documents under that Act. Gary Stein, President, stated, "This is one additional step in order to accomplish the proposed spin-off by Market & Research of its shares of LHC. The Board of Directors of Market & Research has now determined that the proposed spin-off of LHC be accomplished in one distribution, rather than in installments as previously announced."
Mr. Stein further stated, "Market & Research will announce the record date and pay date of LHC shares shortly." Adding, "This is an exciting time for the company. Gaining approval of LHC's registration is another milestone towards achieving our overall 2008 business plan and this announcement continues our commitment to shareholders to remain fully transparent. LHC will soon be a fully reporting company."
About Market & Research Corp. ("MKRC")
MKRC currently owns LifeHealth Care, Inc. ("LHC") LHC intends to develop and commercialize innovative over-the-counter, non-prescriptive dental care products.
About Precision Opinion
Precision, currently under contract to be acquired by MKRC, provides consumer research services to the entertainment industry, non-governmental organizations and political polling services.
About INmarketing
INmarketing, currently under contract to be acquired by MKRC, is a leader in the incentive industry through the deployment of its exclusive, database-driven, web-enabled application to reward program strategies. INmarketing develops sales incentive programs, a safety incentive program, service award, recognition programs or customer loyalty programs for its customers.
About Quantum
Quantum, currently under contract to be acquired by MKRC, provides consumer research services to the telecommunications, automotive, healthcare, banking and cable industries and provides a circulation and research service for Business-to-Business for these same industries.
Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Contact for further information: Gary Stein steincorp007@gmail.com
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