HANOVER, Md., Jan. 7, 2014 /CNW/ - SETO Announces 2 new hearing clinics in Maryland - USA. The SETO Hearing Care Group (HCG) envisions the installation of 100 new clinics throughout the US. Phase 1 of its expansion plan (10 hearing clinics), is well under way with 28 additional in the pipeline. SETO HCG plans to pay down accumulated debts and pay off the $1,000,000 credit line its subsidiary established in about 2012.
SETO's health division (SHD) is developing four Diabetes clinics (of 10 contemplated) and a surgical center in central Maryland. The broad healthcare mix will further diversify Seto and will help to create a more robust operation. It is anticipated that overall performance shall improve due to the new initiatives. The specialties offered by SETO Health Division continue to expand.
Forward-Looking Statements: Statements in this new release regarding future operating results, future expansion, growth, opportunities and any other statements about its future expectations, beliefs, goals, plans, or prospects constitute forward-looking statements. Any statements that are not statements of historical fact (including the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) are also forward-looking statements. Many factors could cause actual results or events to differ materially from those indicated above, including: limited operating history, need for future capital and economic conditions. Forward-looking statements are based on the beliefs, opinions, and expectations of management at the time they are made. The public company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
SOURCE: Seto Holdings, Inc.
For further information:
Sanjay Srivastava, 1-410-582-8981, [email protected]