News for 'HNSO' - (Healthnostics Acquires Significant Ownership Interest in GMD, Inc., A National Consumer Diabetic Supply and Education Services Company -GMD Forecasts Annual Revenue of $10,000,000 by Fiscal Year End of June, 2008.

NEW YORK, Apr 01, 2008 (BUSINESS WIRE) -- Healthnostics, Inc. (OTC: HNSO), a
medical and biotechnology analytics information and technology company,
announced it has signed a definitive agreement to acquire a significant interest
in GMD, Inc., ("GMD") a nationwide Durable Medical Equipment provider
specializing in direct to consumer diabetes supplies. GMD is currently forecast
to generate $10,000,000 in revenue by fiscal year end in June 2008 on a
profitable basis.

The acquisition, which will be paid for with Healthnostics Rule 144 restricted
common stock, will constitute approximately 40% of the outstanding common stock
on a fully diluted basis after acquisition completion. This transaction will
bring Healthnostics shareholders a marked increase in shareholder value by
substantially increasing the Company's net worth. Moreover, the acquisition will
represent a predictable revenue stream that will assist Healthnostics in growing
its core businesses.

Alan Grofe, President of Healthnostics, will serve as CEO of GMD.

"GMD represents an unprecedented opportunity for us to become involved with a
well managed and profitable company that is synergistic with our expertise in
the healthcare industry. We strongly believe in endeavors that make a difference
in the delivery of healthcare products and information, and this certainly fits
into that mission," stated President Alan W. Grofe.

"We continue to execute on our strategic goal of growth through acquisitions and
also plan, as previously reported, to obtain listing on the Over-the-Counter
Bulletin Board as expeditiously and practically as possible."

About GMD, Inc.

Global Medical Direct is a nationwide Durable Medical Equipment provider
specializing in direct to consumer diabetes supplies. The Company provides
diabetes products and educational services to help patients lead healthier and
more productive lives. The Company's products include blood glucose meters, test
strips and ancillary supplies, insulin pumps and supplies, diabetic shoes and
orthopedic inserts and diabetes maintenance medications.

For further information please visit Global Medical Direct
http://www.globalmeddirect.com.

For further information please visit Healthnostics http://www.healthnostics.com,
MedBioWorld http://www.medbioworld.com, MedNets http://www.mednets.com, and FamilyMedicalNet
http://www.familymedicalnet.com.

This press release may contain certain statements that are not descriptions of
historical information, but are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of
1934. These forward-looking statements refer to matters that involve risks and
uncertainties. Such statements reflect management's current views and are based
on certain assumptions. Actual results could differ materially from the
assumptions currently anticipated.

SOURCE: Healthnostics, Inc.



CONTACT:          DeMonte AssociatesCynthia DeMonte, 917-273-1717cdemonte@demonte.com




Copyright Business Wire 2008

(example)  Revenue of $10,000,000 with $17,000,000 in costs equal a $7,000,000 net loss.

1. 100's of millions of outstanding shares.
2. Non SEC reporting company
3. Listed on the Pink Sheets.

1. 100's of millions of outstanding shares.  Conjecture
2. Non SEC reporting company     Not for long
3. Listed on the Pink Sheets.          Same as above

1.  Not conjecture...Call the transfer agent or the company.  The GMD acquisition will add approximately another 100,000,000 O/S

2.  Has no plans to be listed.  Must file financial statements for past three years.  Have yet to file any.

3.  Any information that comes from any Pink Sheet company is highly suspect.

1. Not at all a conjecture...but theorem

2. I have tried to get the financials for this company and keep hitting brick walls.

3. This company will forever be on the Pink Sheets and will rip off all current investors with a reverse splitting in the near future.

4. Information from this company should be examined closely...   oh thats right, you cant because no one in the company wants to talk about the company financial records.

1.  Not conjecture...Call the transfer agent or the company.  The GMD acquisition will add approximately another 100,000,000 O/S

Who did you talk to and what is the phone number?

2.  Has no plans to be listed.  Must file financial statements for past three years.  Have yet to file any.

They will file soon!!!

3.  Any information that comes from any Pink Sheet company is highly suspect.

And after they get listed on the OTCBB you will be saying ...Any information that comes from an OTCBB company is highly suspect.

Bla, bla, bla!!!

Here is the contact info for the company from their website that I have been trying to get reports from as well as their transfer agent....good luck on getting the info. I have been hung-up on twice and transferred so many times that its amazing and the transfer agent wasn't any help either. Keep getting the answer "we will be posting their records in the future".  

Cynthia DeMonte
917.273.1717

Investor Relations
Healthnostics, Inc.
551 Fifth Avenue
Suite 1625
New York, NY 10017

Telephone: 301.571.9331
Fax: 301.564.9619

Continental Stock Transfer & Trust Company
17 Battery Place • New York, NY 10004
212.509.4000

LOL!  I admire your head in the sand persistence.    OTCBB companies have a huge credibility compared to a Pink Sheet company.  I thought that you did your DD but apparently you need me to do it for you.  You can call the company at 301-564-9619 or Continental Stock Transfer & Trust at 212-509-4000.  Please remember that your track record with this type of company is very dismal.

This in an interesting read!!!

Healthnostics Inc. (HNSO) Turning the Corner, This Time With Volume

April 10, 2008

Quoted Text

This pink sheet stock may still be on shaky ground, but the recent upturn in the chart has us wondering about Healthnostics Inc. (HNSO) After reaching a low of $0.003 in February, we’re starting to see higher highs and higher lows. Moreover, the volume behind the gains is picking up…finally.

The recent willingness from the buyers may have something to do with a significant elimination of debt, the formation of an affiliate program (which can yield surprisingly strong results when done right), or most recently, a partial acquisition of diabetic equipment provider GMD Inc.

The company states they’re going to move from the pink sheets to the bulletin board later in the year. That’s a chicken we won’t count until it’s hatched, though based on what we see here it certainly seems plausible.

What do they do? Two things…manage medical Internet portals, and offer web-based hospital/patient monitoring systems. The market for what they do is there; what’s not clear yet is whether or not Healthnostics is set to be a contender in the arena. Lately, somebody seems to think they are…or at least will be.

http://www.microcappress.com/b.....ime-with-volume/297/

Looks like HNSO is beginning to trade a little better than normal lately. There is room for a bit of flipping, imo.

Watch today's close. I think it might hit a penny. Maybe we will see some nice news next week that will help move it back to where it was for the last year. .016 or higher.

I got this from another board... something about HNSO...


Listen closely now!!!  


http://mikes.railhistory.railfan.net/sound/gwr6024.mp3

LOL, interesting.... And still no financials...

Listen very closely now!!!
http://www.tradebit.com/usr/big-fat-audio/pub/9003/Car-Crash-1--Lo-Fi-Preview-.mp3

cantusmellthat...don't be so quick to judge. You have no idea how great an opportunity this one really is, lol.

Try doing some DD before you come to such a conclusion.

Pinks are very risky...yes. But when researched carefully to assess which way the company is going, there can be unbelievable rewards for those who bide their time and accumulate.

When was the last time you saw a pink sheet company operate without a convertible debenture? Or purchase a controlling interest in a company with projected revenues of $10,000,000.00 on a profitable basis?

This one will be a huge gainer in the near future, imo.

Don't buy on my account, do your own DD people!!!

I'd be watching this one very closely right now. Especially after the last few PR's we have had.

There will be no financials.  The company has no desire to let the investors know that the increase in "trades" is actually sales by the company for needed cash.  The only information in doing DD comes directly from the company.  If you had a dollar for every claim that a Pink Sheet company made that is not true you would be rich.