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[QUOTE]Originally posted by J_U_ICE: [QB] LWLL (.23) Announces Management, Employees and Business Associates Have Purchased 7.25 Million Shares at $0.24 per Share Market Wire "US Press Releases " SHANGHAI, CHINA -- (MARKET WIRE) -- 11/20/06 -- Linkwell Corporation (OTCBB: LWLL), a leading developer, manufacturer and distributor of healthcare-related disinfectants in China, today announced its management, employees, and business associates have purchased 7.25 million shares of common stock of Linkwell Corp. from current LWLL shareholders at $0.24 per share via private transaction for a total amount of approximately $1.74 million. The 7.25 million shares are approximately 11.15% of the total outstanding shares. The management team holds about 67% of the total outstanding shares. Linkwell's Chairman and CEO, Xuelian Bian, stated, "Linkwell has achieved substantial growth in earnings in the past several years. Management believes Linkwell is entering an exciting growth period of triple-digit growth in revenues and earnings for the next three years. We believe the foundation has been laid for Linkwell to elevate its leading position in the healthcare disinfectant sector in China to a new level by internal growth and external acquisitions. We believe we are well-positioned to grow our business substantially in the coming fiscal years, and remain extremely excited about the possible substantial returns for our shareholders, which also include every member of the management team and employees of our company." About Linkwell Corporation Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its 90% owned subsidiary Shanghai Likang Disinfectant High Tech Company ("Likang"). Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China. All inventory and order fulfillment is carried out of a 21,500-square-foot facility in Shanghai's Jiading district. For more info about the company, please visit http://www.linkwell.us Safe Harbor Statement Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "forecast," "anticipate," "plan," or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties and risks, including those relating to the Company's ability to grow its business. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission. Contact: Tel: 1-877-CHINA-57 Email: info*linkwell.us [/QB][/QUOTE]
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