Nexteligent
Retains
2
Watchmen
for its Stock Buy Back Initiative
NEW YORK, NY -- August 30,
2021 -- InvestorsHub NewsWire -- Nexteligent
Holdings, Inc. (OTC:NXGT),
a
professional
services firm and healthcare industry
aggregator, has retained
2
Watchmen, a
Wyoming limited liability company to assist in its proposed
common stock buy-back program. Through this
initiative, Nexteligent
intends to
repurchase from
$100,000 to $1,000,000 in Company common stock at market price starting in
September.
"Nexteligent continues to
execute its strategy for building a distinguished brand recognized
for delivering value to employees, clients and investors,"
said
Paul Cristiano,
Nexteligent chief executive officer. "Within the
last 60 days, we have announced our plan to
close three acquisitions before year-end 2021 and that
in 2022 we intend to close acquisitions with a collective revenue
of $100,000,000."
Cristiano also noted that
Nexteligent recently announced that
it has
retained a leading M&A advisory and investment firm
to assist in its
acquisition process as well as a
PCAOB auditor and counsel organization to assist in its plans
for up
listing to
the OTCQX and to concurrently address and rectify any vagaries in
convertible notes and service contracts discovered through the
audit process required for admission to the OTCQX.
"Today's announcement
about
our
stock buy-back
program further demonstrates that Nexteligent is focused on building
shareholder value," said Cristiano.
About
Nexteligent
Nexteligent
Holdings, Inc. is a professional services
firm and aggregator serving healthcare providers with digital
health technologies, outsourced workflow, and financial management
solutions designed to increase profit and operational efficiency.
Nexteligent acquires small-to-medium size companies specializing in
coding and billing, durable medical equipment, remote patient
monitoring, preventative wellness, chronic care management, and
marketing and advertising. Through its specialized divisions
the Company serves the needs of hospitals, clinics, doctors, labs,
eldercare facilities and the patients they serve.
Forward
Looking Statements
Certain
statements in this release
are
"forward-looking" statements. The words "anticipate," "believe,"
"ensure," "expect," "if," "intend," "estimate," "probable,"
"project," "forecasts," "predict," "expects,"
"outlook,"
"aim," "will," "could," "should," "would," "potential," "may,"
"might," "anticipate," "likely," "plan," "positioned,"
"designed
to," "strategy,"
and similar expressions, and the negative thereof, are intended to
identify forward-looking statements. These forward-looking
statements, which are subject to risks, uncertainties and
assumptions, may include projections of their respective future
financial performance, their respective anticipated growth
strategies and anticipated trends in their respective businesses.
These statements are only predictions based on current expectations
and projections about future events.
# # #
Investor
Contact:Media Contact:
Lou SanzaroHenry Feintuch
Nexteligent
HoldingsFeintuch
Communications
lsanzaro@nexteligent.com
nexteligent@feintuchpr.com
860-833-6533914-548-6924