Jack Nathan Medical Corp. (CVE:JNH) (OTCQB:JNHMF) CEO George Barakat tells Proactive the group has announced the acquisition of four operational medical clinics, located inside Walmart stores in Ontario, previously owned and operated by its medical partner and Advisory Board member Dr Hamilton Jeyaraj.
Bakarat says the expansion represents an annualized increase of approximately 50% of current revenue and reflects the company’s plans to generate revenue growth and create shareholder value through clinic acquisitions and operations inside the Walmart footprint.