HearAtLast Holdings, Inc. (OTC Pinksheets: HRAL) announced today that Harbinger Research, LLC, issued an updated research report on the Company. Brian R. Connell, CFA, one of Harbinger Research�s Senior Analysts, stated in the report that �When we initiated coverage of HearAtLast several months ago, we were guardedly optimistic about the company�s Wal-Mart relationship. However, we were very concerned about the young company�s ability to manage the rapid expansion that the Wal-Mart relationship would inevitably require. All too often, very small companies strike an initial relationship with a much larger company, only to see that relationship either languishing or outright dissolve as the smaller company fails to perform. In our opinion, those concerns have now largely been laid to rest.� The research report provides a summary of the Company as an investment opportunity, an overview of its businesses, its sales and marketing strategy, and includes a historical industry background. To read the report please visit: www.harbingerresearch.com. Harbinger Research was contracted by the Company to author the research report for the purpose of increasing investor awareness and informing both institutional and individual investors of the investment potential of the Company. Harbinger Research did not receive any additional compensation for the authoring of this report. About Harbinger Research Harbinger Research is a New York based independent equity research company. Harbinger Research provides equity research coverage to smaller U.S. traded companies and the individuals and institutions who invest in them. For more information on Harbinger Research, please visit www.harbingerresearch.com About HearAtLast Holdings, Inc. HearAtLast Holdings, Inc. is a Nevada corporation that owns and operates its wholly-owned subsidiary HearAtLast Inc., a chain of hearing stores specializing in the sale of digital hearing aids and testing services. The company develops, owns, and operates hearing aid clinics co-located within select Wal-Mart stores throughout Canada. HearAtLast facilities sell a selection of high quality brand name hearing aids and also offer complimentary screening tests, clinical hearing tests, instant custom MP3 headphones and custom hearing protection. The Company�s mission is to consolidate the highly fragmented hearing services industry while providing unparalleled service to the estimated 30+ million hearing impaired individuals throughout North America. After a prescription is approved, the independent on-site audiologists and hearing aid practitioners at HearAtLast utilize a refined process to dispense a hearing aid in about an hour. For additional information log on to: www.hearatlast.com Safe Harbor Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Hear AtLast (PK) (USOTC:HRAL)
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