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Emergent Health Corp. (OTC: EMGE) , acurator, developer, and marketer of products in the RegenerativeHealth Space announced that it has engaged BF Borgers CPA PC , afull-service audit, tax, accounting, and advisory firm, as its PublicCompany Accounting Oversight Board (“PCAOB”) qualified auditor toaudit the Company’s financial statement for the two-year periodending December 31 st , 2022 according to Generally AcceptedAccounting Principles (“GAAP”). GAAP is the accounting standardadopted by the Securities and Exchange Commission (“SEC”) and isthe default accounting standard used by companies based in the UnitedStates.
Just lastweek on Thursday May 4 th , 2023, Emergent executed anEngagement Letter with Boustead Securities LLC. to act as exclusivefinancial advisor with respect to a planned corporate financingtransaction including the private placement of securities (“pre-IPOFinancing”) and a planned $10 million initial public offering ofEmergent subsidiary PharmaZu common stock(“IPO”) that will apply for listing on NASDAQ with NODILUTION to the Emergent Shareholders. PharmaZu is a pure play,e-commerce products and service provider focused on the Pet Community,Pet Pharmacy and Pet Wellness using Influencers and their content,including pet pharmacy, vet telehealth and pet wellness businesses.Upon the effectiveness of the IPO and listing on NASDAQ, PharmaZuplans to acquire a 48-state authorized compounding pharmacy located inWest Palm Beach, FL, doing approximately $10M a year in revenue, whichwill serve as the backbone and fulfilment center for PharmaZu,creating a national platform throughout the United States. The raiseof capital will be used for expanding PharmaZu’s business, productofferings, as well as for acquisitions. Subsequently, Emergent plansto distribute the shares of PharmaZu as a dividend to itsshareholders, pro rata at NO COST to the EmergentShareholders.
JimMorrison, former L'Oréal President and Emergents full time CEOstated, “As we first announced last week, the PharmaZu IPO is notonly an enormous opportunity for the founders and leadership ofPharmaZu, it is also a seminal event for the shareholders of EmergentHealth. We are very serious about the PharmaZu IPO and have selected a"best-in-class" audit firm in B F Borgers as our'PCAOB' audit firm. They are consummate professionals, and weare looking forward to working with the firm.”
The execution of theEngagement Letter does not constitute a commitment by Boustead or theCompany to consummate any transaction contemplated hereunder and doesnot ensure the successful placement of securities of any investmentvehicle or the success of Boustead with respect to finding anyinvestors or the success with respect to any transaction. No promises,representations or guarantees have been made.
ABOUT BOUSTEADSECURITIES, LLC
Boustead Securities, LLC is an investment banking firm thatexecutes and advises on IPOs, mergers and acquisitions, capital raisesand restructuring assignments in a wide array of industries,geographies and transactions, for a broad client base. Boustead’score value proposition is the ability to create opportunity throughinnovative solutions and tenacious execution. With experiencedprofessionals in the United States, Boustead’s team moves quicklyand provides a broad spectrum of sophisticated financial advice andservices. Boustead is a majority-owned subsidiary of Boustead &Company Limited, a diversified non-bank financial institution. Formore information visit please visit: www.boustead1828.com
ABOUT BF BORGERS CPAPC
BF BorgersCPA PC is based in Lakewood, Colorado and is registered as a PublicCompany Accounting Oversight Board (PCAOB) listed firm. At BF BorgersCPA PC we have built our practice by providing exceptional service toour clients through our commitment to our firm’s culture and valuesbased on the three underlying principals Professionalism,Responsiveness and Quality. For More information, please visit BF Borgers CPA PC .
ABOUT EMERGENTHEALTH CORPORATION
Emergent curates, develops and sells products in theRegenerative Health Space. Its products comprise of ingestibles aswell as topicals for the whole family. The company distributes itsproducts online and through Content Based Shopping using Influencersto position products in their produced content throughout the UnitedStates and Internationally. Its subsidiaries; PharmaZu , is a pure play,e-commerce products and service provider focused on the Pet Community,Pet Pharmacy and Pet Wellness using Influencers and their content,including the pet pharmacy, vet telehealth and pet wellnessbusinesses; Regen BioWellness, is a distributor of various products inthe plant-based and regenerative medical fields. Evolutionary Biologics ,is a new kind of biologics company founded for a clear purpose: bringcutting edge regenerative products to the medical community. Emergentdoes not claim any of its products are approved by the FDA todiagnose, treat, cure or prevent any disease. For more information,please visit Emergent's Website and Social Mediaon .
Before usingany products, you should always consult with your Veterinarian and/orFamily Doctor.
SAFE HARBOR STATEMENT
This press release contains forward-lookingstatements that can be identified by terminology such as“believes,” “expects,” “potential,” “plans,”“suggests,” “may,” “should,” “could,” “intends,”or similar expressions. Many forward-looking statements involve knownand unknown risks, uncertainties and other factors that may causeactual results to be materially different from any future resultsimplied by such statements. These factors include, but are not limitedto, our ability to continue to enhance our products and systems toaddress industry changes, our ability to expand our customer base andretain existing customers, our ability to effectively compete in ourmarket segment, the lack of public information on our company, ourability to raise sufficient capital to fund our business, operations,our ability to continue as a going concern, and a limited publicmarket for our common stock, among other risks. Many factors aredifficult to predict accurately and are generally beyond thecompany's control. Forward-looking statements speak only as to thedate they are made, and we do not undertake to update forward-lookingstatements to reflect circumstances or events that occur after thedate the forward-looking statements are made.
FOR MOREINFORMATION, PLEASE CONTACT:
Jim Morrison, CEO
Emergent HealthCorporation Website
i nfo@emergenthealthcompany.com
ContactDetails
Emergent Health Corp.
info@emergenthealthcompany.com
CompanyWebsite
https://emergenthealthcompany.com/
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