Selectis Health, Inc 8-K, filed Mar 30, 2021
Selectis Health, Inc. (GBCS)
About this 8-K
Selectis Health, Inc filed this 8-K on March 30, 2021, reporting on events of January 1, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 1, 2021
GLOBAL HEALTHCARE REIT, INC.
(Exact Name of Registrant as Specified in its Charter)
| Utah | 0-15415 | 87-0340206 | ||
| (State or other jurisdiction | Commission | (I.R.S. Employer | ||
| of incorporation) | File Number | Identification number) |
| 6800 N. 79th St., Ste. 200, Niwot, CO 80503 | ||
| (Address of principal executive offices) (Zip Code) | ||
| Registrant’s telephone number, including area code: (303) 449-2100 |
(Former name or former address, if changed since last report)
| [ ] | Written communications pursuant to Rule 425 under the Securities Act |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol | Name of each exchange on which registered | ||
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [X]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
ITEM 7.01 REGULATION FD DISCLOSURE
Global Healthcare REIT, Inc. (Currently in a rebranding effort to Selectis Health, Inc.) (OTC: GBCS) (“Selectis” or the “Company”) issued a press release today that it was granted its Nursing Facility License by the Oklahoma State Department of Health (“OSDH”) on March 25th to its Park Place & Rehab Center in Oklahoma City. The 106-bed skilled nursing facility was able to begin admitting residents on March 26th. Park Place just underwent a massive renovation of its entire facility including patient rooms, dining halls, the kitchen, refrigeration units, the administration offices, showers, hallways, bathrooms, and a significant upgrade of all technology. The Company has begun the enrollment process for the Medicaid and Medicare certification with CMS. A copy of the press release is filed herewith as Exhibit 99.1
Selectis Health’s CEO, Lance Baller, stated, “We are excited to open the Park Place facility after an extensive renovation. The center underwent a $1 million facelift which we expect to be instrumental in attracting the new patient mix the facility is targeting. Park Place represents the third complete closure, renovation, rebranding, and reopening of a facility the Company has done. We believe our recent past successes have given us the right formula to ensure Park Place is the most advanced and successful facility within a fifteen-minute radius, and the State’s vaccination efforts in the Covid-19 pandemic will aid in the facility’s rapid expected census growth. We are also excited about the facility Administrator and the new Director of Nursing who have a history of bringing the highest level of care to residents.”
Additionally, Selectis scheduled a conference call on Thursday, April 1, 2021 at 11:00 a.m. Eastern Daylight Time to discuss results for year end of December 31, 2020. Financial results will be issued in a press release and a 10-K filing with SEC prior to the call.
Selectis management will host the presentation, followed by a question-and-answer period.
Conference Details
Date and Time: Thursday April 1, 2021, 11:00 AM ET
Dial In: 1-877-407-0789
Din In International: 1-201-689-8562
Conference ID: 13718277
Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization.
A replay of the call will be available after 2:00 p.m. Eastern Daylight Time on the same day through Thursday April 8, 2021.
Replay Dial-In Numbers
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13718277
ITEM 9.01: EXHIBITS
| Item | Title | ||
| 99.1 | Press Release |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Global Healthcare REIT, Inc. (Registrant) | |
| Dated: March 30, 2021 | /s/ Christopher R. Barker |
| Christopher R. Barker, President and COO |
Exhibit 99.1
Selectis Health Announces the Reopening of Renovated Oklahoma City Facility and 2020 Financial Results Conference Call
Greenwood Village, Colorado, March 30, 2021 – Global Healthcare REIT, Inc. (Currently in a rebranding effort to Selectis Health, Inc.) (OTC: GBCS) (“Selectis” or the “Company”) is pleased to announce that it was granted its Nursing Facility License by the Oklahoma State Department of Health (“OSDH”) on March 25th to its Park Place & Rehab Center in Oklahoma City. The 106-bed skilled nursing facility was able to begin admitting residents on March 26th. Park Place just underwent a massive renovation of its entire facility including patient rooms, dining halls, the kitchen, refrigeration units, the administration offices, showers, hallways, bathrooms, and a significant upgrade of all technology. The Company has begun the enrollment process for the Medicaid and Medicare certification with CMS.
Selectis Health’s CEO, Lance Baller, stated, “We are excited to open the Park Place facility after an extensive renovation. The center underwent a $1 million facelift which we expect to be instrumental in attracting the new patient mix the facility is targeting. Park Place represents the third complete closure, renovation, rebranding, and reopening of a facility the Company has done. We believe our recent past successes have given us the right formula to ensure Park Place is the most advanced and successful facility within a fifteen-minute radius, and the State’s vaccination efforts in the Covid-19 pandemic will aid in the facility’s rapid expected census growth. We are also excited about the facility Administrator and the new Director of Nursing who have a history of bringing the highest level of care to residents.”
Additionally, Selectis is pleased to schedule a conference call on Thursday, April 1, 2021 at 11:00 a.m. Eastern Daylight Time to discuss results for year end of December 31, 2020. Financial results will be issued in a press release and a 10-K filing with SEC prior to the call.
Selectis management will host the presentation, followed by a question-and-answer period.
Conference Details
Date and Time: Thursday April 1, 2021, 11:00 AM ET
Dial In: 1-877-407-0789
Din In International: 1-201-689-8562
Conference ID: 13718277
Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization.
A replay of the call will be available after 2:00 p.m. Eastern Daylight Time on the same day through Thursday April 8, 2021.
Replay Dial-In Numbers
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13718277
Forward-looking Statements
This press release may contain projection and other forward-looking statements. Any such statement reflects the Company’s current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur, and actual results could differ materially from those presented. There can be no assurance that the Company will be able to declare and pay cash dividends to common stockholders in the future, or the frequency or amount of such dividends, if any. A discussion of important factors that could cause actual results to differ from those presented is included in the Company’s periodic reports filed with the Securities and Exchange Commission (at http://www.sec.gov).
For Further Information Contact:
Brandon Thall
investors@selectis.com