Solanbridge Group, Inc. Acquires 100% of Advanced Medical Sales LLC
CHARLOTTE, N.C., Nov. 30, 2012 /PRNewswire/ -- Solanbridge Group, Inc. (OTC.PK: SLNX) is pleased to announce that it has completed the acquisition of Advanced Medical Sales LLC, a privately held North Carolina limited liability company, for $165,000.
Advanced Medical Sales supplies Transcutaneous Electrical nerve stimulators, Therapeutic Deep Tissue Ultrasound units, Micro-current sub sensory units and Electric Muscle stimulation units along with numerous joint and extremity therapeutic sleeves directly to Physicians offices, Chiropractic offices and Physical Therapy Centers. The devices are used for the treatment of acute and chronic pain as well as post-operatively for muscle rehabilitation either with or without prescribed Narcotic Analgesics, NSAIDS, Muscle Relaxants and/or steroids depending on each patient's specific needs and/or wishes. The Medical Provider prescribes and fits the patient with one or more of these devices with respect to the Medical Necessity of the patient. Electrodes are sent to maintain the proper use of the equipment monthly to each patient by Advanced Medical and reimbursement to Advanced Medical is made by the patient's insurance company.
With the very recent regulations by Governmental and State Medical Boards to limit the prescribing of Pain Medication by Physicians and the policing of Physician's prescribing habits by Electronic Narcotic Prescription Databases, there has been a growing concern on the part of Physicians and increasing pressure on Medical Boards by patient advocacy groups to make significant changes.
The above facts, coupled with the recent realization of the harmful Cardiovascular effects of all NSAIDS, the changes of commonly used muscle relaxants from general RX's to Controlled substances (i.e. SOMA) and the many adverse effects from the use of Steroids have presented Advanced Medical with the opportunity to be a leader in the areas of Pain Management and Post Operative Rehabilitation.
About Solanbridge Group, Inc:
Solanbridge Group, Inc. is an investment company and diversified holding company whose main business is purchasing revenue generating foreign and domestic private/public companies. Solanbridge Group is currently comprised of three subsidiaries, Abstract International, Inc., Adventure Option, Inc., and Advanced Medical Sales LLC:
Abstract International, Inc. currently carries its Abstract Energy drink in Southern California. Abstract Energy Drink offers a high dose of vitamins and energy, which boosts mental and physical energy. It's full of flavor and energy without the after taste or the crash. Abstract was created after years of research to be the best tasting all natural energy drink available in today's market. Abstract energy is currently working on its new Sugar-Free in both 8.4oz. and 16oz. cans. To learn more about Abstract International, Inc., please visit: http://www.drinkabstract.com/
Solanbridge's wholly owned subsidiary, Adventure Option, Inc., has an extensive background in the sex life enhancement industry. The company has formulated some of the most exciting products in the industry today, which include Morning Glory (male arousal capsule) and Evening Delight (Female arousal gel) formulas. Adventure Option's library of formulas consists of over 40 products that can be customized to meet your company's needs. The Company plans on taking its new products to market within the next twelve months and is set to move its headquarters to Charlotte, North Carolina.
Solanbridge has an option to purchase certain real estate assets, which consists of a 191 unit apartment complex on Cambridge Street in Las Vegas, Nevada; and two 4-story apartment buildings in Brooklyn, New York. The company was formerly known as Solanex Management Inc. and changed its name to Solanbridge Group Inc. on January 11, 2011. Solanbridge Group Inc. was founded in 2000 and is based in Houston, Texas.
SOURCE Solanbridge Group, Inc.