December 21, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) confirmed today its operating subsidiary, VHGI Gold, has appointed Mervyn Gervis to chair its advisory board to assist with evaluating potential International Mining Acquisitions. Mr. Gervis is a former South African resident with experience in various aspects of mining, mineral development and exploration in South Africa. Additionally, VHGI announced that it has retained www.stockmarketinginc.com to assist with raising investor awareness.
Advisory Board, International Acquisitions
"VHGI is pleased to announce that Mervyn Gervis has agreed to sit on the advisory board to assist with the evaluation of potential joint ventures and opportunities within the overseas Gold and Precious Minerals Mining markets," stated Jim Renfro, President, VHGI. "His experiences as a former South African resident and land owner include various levels of association with the exploration, development and management of different mining projects that produced both manganese and diamonds as by products. We hope to draw heavily on his experiences as we are excited about prospects beyond North America."
Stock Marketing Inc. Retained for Investor Awareness; Expanded European Coverage
VHGI confirmed that www.stockmarketinginc.com has been retained by the company to increase investor awareness. "We are pleased to announce that we have expanded our investor awareness efforts through the retention of Stock Marketing Inc.," continued Renfro. "On December 8th Mr. Paul Cohen issued a report on Blue Gem Enterprises (OTCBB-BGEM), and since that time the stock has traded in excess of 50,000,000 shares. Stock Marketing, Inc. is among other companies that recently profiled BGEM and the associated report; we hope that their subscribers will have an interest in reading our story as we look to raise our investor profile. Additionally, the recently reported extended international press coverage of VHGI has been expanded to include delivery to European Buy Side Analyst Monitoring Services for US Mining Stocks."
International Project and Development Partners Request
In a related announcement VHGI announced that they are noticing potential targets and suitors that VHGI is aggressively seeking project submissions for acquisition as well as potential development partners to share in project management and financing. Interested parties should contact the company at http://www.virtualhealthtechnologies.com or http://www.vhgigold.com or by calling shareholder relations at 859-514-6982.
About VHGI and VHGI Gold
VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals / Energy Resources Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining, Precious Metals and Energy Resources Markets. Although Gold is selling at 25 year high prices and Oil & Gas continue to be trading at significant premiums, global economic events have created significant opportunities within these markets. VHGI intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures for the goal of enhanced shareholder value.
"Safe Harbor" Statement
VirtualHealth Technologies, Inc. and VHGI Gold, LLC cautions investors that none of the information concerning the valuations of mineral deposits or other data reported above has been verified by outside geologists or other verifiable sources beyond representations made to VHGI which ultimately came from the owner of the subject property and their associates. The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website, such as "reserves," "resources," "geologic resources," "proven," "probable," "measured," "indicated," and "inferred," that the SEC guidelines strictly prohibit us from including in our filings with the SEC.
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks and uncertainties detailed in the Company's SEC filings. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.
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