Dr Stock Pick HOT News & Alerts!
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FREE Daily Stock Alerts From DrStockPick.com
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Thursday November 12, 2009
DrStockPick.com Stock Report!
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HZHI, Horizon Health International Corp., HZHI.PK
HZHI, Horizon Health’s E-Commerce System on the MULTI-BILLION Assistive Technology Market
HZHI through its US and Canadian Subsidiaries is servicing all of North America through its E-Commerce System, providing services as a ‘Home, Office and Workplace Medical Equipment Specialist’ offering a complete end-to-end shopping experience for aids for daily living, disability products, ergonomic solutions and leading-edge assistive technology through online retail stores across North America.
HZHI reported the successful launch of their e-commerce website www.medichair-calgary.com.
In May of 2009 Samson Industries, the HZHI’s Canadian Subsidiary, entered into a Licensing Agreement with MEDIchair Calgary, Canada. Under the terms of the licensing agreement, MEDIchair Calgary will pay to HZHI’s wholly owned subsidiary, a monthly license fee of $250 plus 50% of the profit realized from on-line sales generated by MEDIchair through the website which is owned and operated by Samson Industries.
The Agreement allows MEDIchair-Calgary (with estimated annual sales of $ 5 million plus) to license HZHI’s website (www.medichair-calgary.com) and call-centre for live customer service and order processing. MEDIchair Calgary is just one of 70 franchisees of MediChair Corporate) a division of Lifemark Health. HZHI will be entering into discussions with all the franchisees to license its website.
BCC Research reported that: “The US market for assistive technology is expected to be worth $ 38.2 billion in 2008, up from 36.4 billion in 2007. This should increase to $ 49.3 billion in 2013, a compound annual growth rate (CAGR) of 5.3%”
That’s a BIG Market Opportunity for HZHI!
More about HZHI at www.horizonhealthandsafety.com
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Add HZHI to your Watch List!, do your homework, and like always BE READY for the ACTION!
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Dr. Stock Pick
is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com
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