Savol Wellness & Health Centre Holding Company

The Company will enter into a development, production, implantation of artificial limbs, functioning with bioenergy, in a complex rehabilitation institution, with care home, spa and wellness centre, in a self-sustaining system, on a 22,000 m2 area. There is much demand for rehabilitation of injured people, at a global level. Considering this demand, the implementation is planned on an area of outstanding natural conditions (e.g. thermal water), in the village of Szár, which is 45 kms from the capital. Apart from the artificial limbs that function with bioenergy (artificial leg, artificial arm), the artificial eye, dental and hearing aids implantation is feasible, moreover, on a lower price than in their neighboring countries. One of the pillars of these implementations is the appropriate professional staff whom they have already negotiated successfully. At the negotiations on investment, a need arose to develop a care home. Due to the thermal water and the rehabilitation activities in the area, it seemed sensible to develop a spa with a hotel. Promoter Investment: SAVOL Group and/or its assigns or principals have invested approximately US$700,000 cash. Amount to be raised: Up to $10,000,000.00 US Dollars. Type of Security: Common Units as described in greater detail in the Operating Agreement of the Company. Securities / Price and Minimum Subscription: The price per Common Member unit has been set at $500.00 US Dollars per Common Member unit, with a minimum subscription of 2 Units. Dividends: Cumulative dividends at an annual rate of 7.0% of the purchase price / Member uni. Current Capitalization: The Company’s capital structure before this offering, and the capital structure assuming the Total Offering Amount is issued, is set forth on Exhibit A. Use of Proceeds: The proceeds from the offering will be used for (i) start-up costs, (ii) deposit for land purchase, (iii) design costs, (iv) marketing (v) continuing operations and general c.
Technology: P4 Medicine
Industry: Health Care, Real Estate, Wellness
Headquarters: Newark, Delaware, United States
Founded Date: 2015-05-06
Employees Number: 11-50
Last Funding Type: Equity Crowdfunding

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