TAMPA, Fla., July 09, 2018 (GLOBE NEWSWIRE) -- Advanzeon Solutions, Inc. (OTCBB:CHCR) ("Advanzeon” or the "Company") announced today that it is on target to file its Annual Report on Form 10-K (“10-K”) for the fiscal years ending 2015 through 2017, as previously announced. This filing will bring the Company current in its 10-K filing requirements.
Clark A. Marcus, the Company's Chairman and CEO, stated, "In the Company’s release dated May 21, 2018, it announced not only the filing of its 10-K for fiscal years 2013 and 2014, but also that it anticipated it would be filing its next 10-K for fiscal years 2015 through 2017 by July 30, 2018. After speaking with the Company’s accountants and independent auditors, the Company has been advised that it is on target to file its 10-K for fiscal years 2015 through 2017 by July 30, 2018. This will bring the Company current with respect to all of its 10-K filing requirements. The Company’s accountants and independent auditors have also advised the Company that shortly after the filing of the form 10-K, the Company will be positioned to file its Form 10-Q for fiscal quarters 1 and 2 of 2018. This filing will bring the Company current with respect to all of its required SEC financial filings.”
Mr. Marcus went on to say, “We are aware that many brokerage houses have restricted the purchasing of the Company’s securities by reason of the fact that the Company’s 10-K and 10-Q filings were not current. We would anticipate those restrictions being lifted following these filings.”
“We, again, thank all of our partners and shareholders who have stood by the Company throughout. We are proud of all those who have worked so diligently to make these filings possible,” Mr. Marcus concluded.
About Advanzeon Solutions, Inc.
Established in 1969, Advanzeon, through its subsidiaries, owns and operates the nation's most complete sleep apnea program known as SleepMaster Solutions™ (the "Program"). Headquartered in Tampa, Florida, the Company's Program is available in all fifty states, Washington D.C. and Puerto Rico. The Program focuses on personalized attention, flexibility, a commitment to high-quality services and innovative approaches that address both the specific needs of clients and changing healthcare industry demands. For more information, visit our website at www.advanzeon.com.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.
Contact:
Philip Pulver
Communications Director
Tel: 509-528-9212
Email: [email protected]
