SUGAR LAND, TX, March 28, 2018 (GLOBE NEWSWIRE) -- Quantum Medical Transport, Inc. (DRWN:OTC.PK) recently announced plans to buy back shares of its common stock and retire them to treasury. The company is pleased to announce it has begun its stock repurchase through purchase of 110,000,000 common shares of its stock and plans to retire those shares to treasury. We will continue to purchase shares of our company stock as funds permit in our efforts to restructure the company stock. Our overall objective would be to acquire 20% of the company’s outstanding shares and retire them to treasury.
About Quantum Medical Transport/United Ambulance/QuantH
QUANTUM MEDICAL TRANSPORT, INC. /UNITED AMBULANCE, LLC is an emergency and non-emergency medical services transportation company that operates in the State of Texas. The Company provides basic and advanced life support ground transport in an emergency and non-emergency setting, 24 hours a day, and seven days a week. The Company makes both local and regional out-of-town services available on a daily dispatch basis.
Management remains focused on providing prompt, high-quality patient care at the Advanced and Basic Life Support levels. Employees will work diligently to achieve goals while maintaining the highest standards of care. QuantH Medical Blockchain Technology will enable secure encryption data sharing (Health Information Data Exchange) via a distributed ledger, multisig key blockchain platform that will integrate with EHR/EMR practice software currently in use by most medical practices.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “intends, “plans,” “should,” “seeks,” “pro forma,” “anticipates,” “estimates,” “continues,” or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under “Risk Factors” and “Our Business.” Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.