LiveToBeHappy, Inc. Announces its Third Acquisition, Adding RenuYou to its Health and Wellness Portfolio
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) announced the acquisition of RenuYou, a neurofeedback clinic in Tulsa, OK, enhancing its focus on health and wellness. RenuYou, recognized by the Mayo Clinic, treats brain dysregulation with Neurofeedback. The acquisition aims to expand services across the Southern U.S., especially for U.S. veterans with PTSD. RenuYou generated over $1.3 million in revenue and $275 thousand in EBITDA over the last year. The company plans to grow its operations and add new locations.
- Acquisition of RenuYou adds a key component to health and wellness offerings.
- RenuYou generated over $1.3 million in revenue and $275,000 in EBITDA in the last year.
- Plans to open additional clinics across the Southern U.S. to expand market reach.
- Focus on helping U.S. Veterans with PTSD through newly approved Neurofeedback treatments.
- None.
Adds Pioneer in Neurofeedback and intends to add locations across the Southern U.S.
CHARLOTTE, N.C., Nov. 18, 2021 (GLOBE NEWSWIRE) -- LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) (“LiveToBeHappy” or the “Company”), a land and community development company, today announced the acquisition of RenuYou, expanding on its efforts to promote an integrated lifestyle for housing, education, and wellness.
Highlights:
- RenuYou is a Board Certified (BCIA) clinic, referred to patients by the Mayo Clinic, for the treatment, research, and development of Neurofeedback located in Tulsa, OK
- Seeks to help patients with a variety of conditions through advanced therapy that treats brain dysregulation
- Partnering with Dr. Christner, an acclaimed physician who serves as Medical Director for RenuYou
- Intends to open a division geared towards helping U.S. Veterans now that Neurofeedback has been approved by Veterans Affairs for treatment of Post Traumatic Stress Disorder (PTSD)
- Positioned for growth and expansion, with plans to establish offices throughout the Southern U.S.
Kevin Vincent Cox, Chief Executive Officer of LiveToBeHappy, Inc., commented, “We are thrilled to add RenuYou to our portfolio of companies as a key component of our health and wellness offering. Neurofeedback is an exciting field in neuro-therapy that is helping people all over the world conquer brain dysregulation issues. Dr. Stephanie Christner, a highly acclaimed psychiatrist, will continue to lead RenuYou as its Medical Director. Finally, we specialize in treating a variety of disorders and intend to launch a division specifically geared towards helping U.S. Veterans, with a focus on PTSD solutions.”
Grant Edwards, Chief Financial Officer of LiveToBeHappy, Inc. added, “This transaction will significantly contribute to LiveToBeHappy’s financial performance and further enhance shareholder value. On a trailing twelve-month basis, through September 30, 2021, RenuYou generated over
About RenuYou
RenuYou is a Board Certified (BCIA) clinic, referred to patients by the Mayo Clinic, for the treatment, research, and development of Neurofeedback located in Tulsa, O.K. Pioneering the advancement of Neurofeedback 15 years ago, the Company seeks to help individuals improve their mental health through natural supplementation. Neurofeedback is a component of neuro-therapy that treats brain dysregulation issues. Medical Doctors utilize Neurofeedback for cases of Depression, Anxiety, ADD/ADHD, PTSD, and learning disorders, among others.
About LiveToBeHappy, Inc.
LiveToBeHappy, Inc. is a land developer and community home builder in the Southern U.S. with a differentiating technology marketing platform. LiveToBeHappy Inc.’s wholly owned subsidiary, Sinacori Builders, is a residential land development and custom single- and multi-family home builder in Charlotte, N.C. Looking forward, LiveToBeHappy, Inc. has several pending acquisitions under Letters of Intent which are expected to transform the Company into a vertically integrated real estate development company with a broader footprint and more diversified revenue stream. For more information, please visit our website at www.livetobehappy.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.
Investor Contacts:
Alpha IR Group
Lisa Fortuna or Sam Cohen
FAQ
What is the significance of LiveToBeHappy's acquisition of RenuYou?
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