FREEHOLD, NJ--(Marketwired - Apr 15, 2014) - MEDIFIRST SOLUTIONS, INC. (OTCQB: MFST) would like to take this opportunity to update shareholders and summarize recent company developments. Stated CEO Bruce J. Schoengood, "The company has outlined a plan for expansion and growth and I am very pleased to report we are making substantial progress in all our divisions. I want to again thank our shareholders for their support and confidence."
Many shareholders request clarification about the float or free trading shares in the market. As of 4/15/2014, the MFST float is 10,770,750 shares. Additionally, as of May 1, 2014, Medifirst will have a new corporate office in Freehold, NJ. Please visit our company website for all details and contact information.
Medifirst recently announced that it has signed an agreement with a company that is aligned with a major Florida business entity. Commented CEO Schoengood, "I expect that we could have further details to announce as early as next week. I will be in Florida this week to meet with top management and I hope to have all the finishing touches complete so we can make a follow up detailed announcement. Medifirst is always looking for opportunities for expansion this and could represent a major new division for us."
Medifirst is pleased to announce that Q1, 2014 is revenue positive and has generated substantial revenue for the quarter and we see a steady continuation of growth. We are seeing gains in our remote IT division as well in our new Atmospheric Water Solutions products division. Said Schoengood, "We have been very patient putting our company and infrastructure in place and are now realizing the benefits in terms of revenue and growth." Our center in Boca Raton is working on some exciting new products that are propriety to Medifirst and we expect announcements to be forthcoming.
Medifirst has announced three magazine titles that have completed filings for US trademarks. MARIJUANA NEWS & REPORT which is designed to be an industry B-2-B magazine. COLORADO BUDS and FLORIDA CANNABIS, both designed to cover all aspects of each states' cannabis industry. The Medifirst Marijuana Division is also in the process of developing a Cannabis website portal for the business industry. Hundreds or even thousands of products and services will be flooding the marketplace as more and more states make cannabis legal. The website, marijuanaproductsusa.com will be devoted to the trade and business of legal marijuana both medical and recreational.
The state of Florida has great public support for the legalization of medical marijuana. Medifirst is carefully monitoring these events and preparing to begin operations and services to the industry when and if legalization is complete. Company counsel and advisors will carefully adhere to all laws, rules and regulations to ensure we are compliant and properly positioned to do business before initiating operations on the ground. Medifirst has recently announced an agreement with The Original Ganja Gourmet to bring its famous Colorado brand and know-how to the Florida marketplace. Medifirst is in negotiations to launch a kitchen service and business. The strategy here, would be to create both a viable business now and one that, if legally viable for us, can offer the kitchens for lease for companies who want to make edible marijuana products.
About Medifirst Solutions, Inc.
Medifirst Solutions, Inc. is a Nevada corporation that is headquartered in New Jersey. The company seeks innovative medical and healthcare products and technologies which are targeted to both medical and healthcare professionals as well as everyday consumers. Medifirst Solutions is developing and establishing both consumer and professional medical and cliental to be used as a pipeline that will allow for distribution of our new products and services. For more details visit www.medifirstsolutions.com for more information. Medifirst Solutions will continue to offer its services under its recently announced Marijuana Division, Health and Wellness Division and Medi-First Light Therapy Systems. Visit www.medifirstusa.com and www.bocamedicalspa.com for more product information.
Forward-Looking Statements: The statements in this press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements.