Integrity Health Corporation (OTCMKTS:FTEG) is up 33% in a week after announcing a letter of intent with Vibrant MBS LLC to acquire its top healthcare marketing unit in Tampa, Florida. The signing of the LOI is for the acquisition of Vibrant MBS’s Leading-edge Clinical Sales and Custom Marketing Solution Company.
Integrity Health CEO Nelson Frist said that Vibrant MBS’s role in improving the health community’s quality and developing strong relationships with consultants, manufacturers, clinicians, and employees, among other reasons, makes it a perfect acquisition for entry into the Healthcare Marketing and Sales Sector.
Vibrant MBS CEO Joseph Hunt stated that the decision to join Integrity Health Corporations is a natural evolution in attaining the company’s goals. Hunt added that both companies are committed to enhancing and challenging the future of medicine through solid clinical leadership, focusing on patient results, and offering medical and consumer products that improve the quality of life of people. Therefore, in the coming weeks, FTEG is a stock to watch.
Market Reaction:
On Wednesday, FTEG stock gained 14% at $0.0004 with more than 469.90 million shares, compared to its average volume of 483.19 million shares. The stock has moved within a range of $0.0003 – 0.0004 after opening the trade at $0.0004.
