
Innovative Health Sciences, Inc. Reorganizes
ATLANTA, May 31, 2011 /PRNewswire/ -- Innovative Health Sciences, Inc. has reorganized, merging into IHSN10, Inc., and announces today clarifications to its April 20, 2011, press release. Innovative participated in a Delaware reorganization under Section 251 (g) of the DGCL and the surviving company is IHSN10, Inc. As part of the reorganization, a new holding company was formed: Innovative Holdings Alliance, Inc. The Company, IHSN10, Inc., was notified that its Agreement with Carmil Energy was cancelled due to financing and due diligence issues. The Company, post merger, was divested from being a subsidiary of the holding company.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from the statements made herein. Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
Innovative Holdings Alliance, Inc.
Chris Winter, President
[email protected]
(770) 753-6448
SOURCE Innovative Health Sciences, Inc.
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