MODERN MOBILITY AIDS INC. ANNUAL LETTER FOR SHAREHOLDERS
BRAMPTON, ON, December 19, 2022 /PRNewswire/ -- Modern Mobility Aids Inc, also known as Galileo Life Sciences, Inc. (the “Company”) is happy to share this year-end shareholder letter. It provides an overview of the company's performance over the past year and shares our future plans.
Our primary focus over the past year has been to launch virtual-care clinics throughout Ontario. We are happy to report that this strategic initiative was a success. There has been an increase in demand for our virtual care services. We offer primary care in our clinics and also provide the required annual "truck driver physicals", as per Ontario law.
We are proud to announce that 2542153 Ontario Ltd has passed our due diligence. The transaction is expected to be completed in January 2023. This acquisition will significantly increase our physician list, which will allow us to expand our virtual healthcare services and reach more patients. 2542153 Ontario Ltd is a supplier to hospitals and other customers of medical-grade personal safety equipment. It has a gross revenue exceeding a million dollars annually.
We have made progress in many other areas of the business, including virtual-care services. We are currently in high-level talks to launch virtual-care services in West Africa. This will allow local doctors to provide healthcare for those who live in remote areas and would otherwise need to travel long distances to get it. This is an opportunity to positively impact the well-being and health of these communities as well as expand our operations in the region.
"Digital-Care", URL, a leader in telehealth platforms development, was hired by the company. Digital Care will create a platform that can be used worldwide, under the guidance of its physicians. The new platform will enable us to offer more virtual-care services such as mental health and chronic pain management. We can also provide patient home monitoring services. This platform is expected to be the main driver of our company's growth in the next years.
We are optimistic that the virtual-care service will grow and evolve in the future as more patients choose to use remote care. This is a cost-effective and convenient alternative to traditional in-person primary healthcare without compromising on quality. We are well-positioned for the future thanks to our planned acquisitions, partnerships, as well as our relationship with Digital-Care.
We plan to audit our financials and become fully reporting on OTC markets in the first quarter 2023. We anticipate revenue growth in the first quarter 2023. This will be a major milestone for our company.
We are pleased with the achievements we have made so far and we believe we can continue to deliver value for our shareholders. We are committed to excellence in all we do and to providing the best possible care for our patients.
We are grateful for your support.
Tito Di Marco
Modern Mobility Aids Inc.
Modern Mobility Aids, Inc. recently restructured its corporate infrastructure. It now plans to focus its energies on virtual care services, which are multibillion dollar. The Company plans to launch an aggressive campaign to find new technologies, experts and opportunities in the healthcare sector through the establishment of its new business model. All over the world. The Company believes that first-stage and strategic investments will be pivotal in the Company's ability to build a global entity.
This release contains forward-looking statements as defined by Section 27A of Securities Act of 1933, as modified, and Section 21E of Securities Exchange Act of 1934. These statements are found in various places in this release. They include statements that do not reflect historical fact and statements regarding the Company's intent, belief, or current expectations with respect to: (i) financing plans, (iii), potential acquisitions, and (iv) trends affecting the Company's financial condition or results. (v) Growth strategy and operating strategy. Forward-looking statements are identified by the words "may", "would,"" "will,","estimate,","believe," and other variations thereof. Forward-looking statements do not guarantee future performance. They also involve risks and uncertainties that are beyond the Company's control. Actual results could differ materially from the projections in forward-looking statements due to various factors. The Company's filings to OTCIQ contain more information on the possible factors that could impact the business and financial results.
Contact Modern Mobility Aids Inc.
Phone: 416 254 2581
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