DALLAS, TEXAS : StockGuru announces that Liberator Medical Holdings Inc. (OTCBB: LBMH) is in the StockGuru Spotlight. Liberator Medical Holdings, Inc.’s subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors. An Exemplary Provider(TM) accredited by The Compliance Team, its unique combination of marketing, industry expertise and customer service has demonstrated success over a broad spectrum of chronic conditions. Liberator is recognized for offering a simple, reliable way to purchase medical supplies needed on a regular, ongoing, repeat-order basis, with the convenience of direct billing to Medicare and private insurance. Approximately 85% of its revenue comes from supplying products to meet the rapidly growing requirements of general medical supplies, personal mobility aids, diabetes, urological, ostomy and mastectomy patients. Liberator communicates with patients and their doctors on a regular basis regarding prescriptions and supplies. Customers may purchase by phone, mail or internet, with repeat orders confirmed with the customer and shipped when needed.
On Wednesday, the company put out news announcing the upcoming expansion of its wholly owned subsidiary Liberator Medical Supply. Liberator will increase its operations into an additional building and expedite hiring of previously announced jobs. “There has been a significant increase in demand for our products and services,” said Mark Libratore, founder and CEO of Liberator Medical Holdings. “We have filled our headquarters facility to capacity to keep up with this demand.” Liberator plans to lease Building 30 at Martin County Airport/Witham Field from Martin County. The building, an approximately 24K square foot facility, has been vacant since 2008. A formal public bid process for lease of the building was performed and Liberator’s plan was approved by the Martin County Board of County Commissioners (BCC) during their meeting on October 13. County staff subsequently recommended to the BCC that Liberator be awarded the lease effective October 14.
Shares for Liberator Medical Holdings Inc. (OTCBB: LBMH) were up during the afternoon of trading on Wednesday and closed up sixteen cents at closing.
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