EFT BioTech Holdings, Inc.: EFT BioTech Holdings, Inc. Tops $100 Million in Gross Sales
CITY OF INDUSTRY, CA,--(Marketwire - September 3, 2009) - EFT BioTech Holdings, Inc. (
Jack Qin, President and CEO, stated, "We are just beginning to implement many of our new expansion plans into new target markets as shown by our recent opening of a member educational office in Seoul, South Korea. More importantly, during the month of August 2009, we have already surpassed $112 million in gross sales since our public listing in November 2007."
George Curry, Vice President of EFT, also commented, "We believe that the Company is now on track for very strong growth over the next few quarters. Typically, the most recent two closing quarters are our slowest period of the year. Assuming history holds true, combined with recent office expansion to attract new affiliate members in different territories, we believe we are positioned for a stellar second half of our fiscal year ending March 2010."
About EFT BioTech Holdings. Inc.
EFT BioTech Holdings, Inc. is a Nevada Corporation, which conducts its business through wholly owned subsidiaries and various vested interests. EFT is a worldwide business to consumer marketing company utilizing a large individual membership base to sell proprietary personal products and other unique services. Headquartered in Southern California, the Company services members primarily in Asia, Eastern Europe and Latin America. The Company anticipates the advent of new products and services further fueling future growth.
Safe Harbor for Forward-Looking Statements
This release may contain forward-looking statements. Investors are encouraged to review regulatory filings prior to investment consideration. Past performance is no guarantee of future success. The Company is in a rapid growth sector that may or may not continue to grow in the future and therefore poses risks that may be different than other investments. Management regularly provide news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstance change or information prove to be inaccurate for any reason. Additionally, the Company makes every effort to comply wit all applicable law and regulatory concerns but cannot assure investors of any material changes outside of their best efforts.
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