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Company Update from Executive Chairman & CEO
ACCESS Newswire · HippoFi, Inc.

In This Article:

From the desk of CJ WIGGINS FOUNDER, EXECUTIVE CHAIRMAN & CEO of HIPPOFI,INC.

IRVINE, CA / ACCESSWIRE / September 7, 2022 / I am writing to you, to share our team's accomplishments over the last 5 months and inform all parties we have changed our name to best reflect the company's current position & financially focused business model. HippoFiTM is a fast-moving finance & healthcare innovator, implementing first-to-market solutions to leverage our team's successful sales background, industry specific expertise, & proven public company track-record, into three of today's hottest multibillion-dollar markets: FINTECH, BIOTECH, & ARTIFICIAL INTELLIGENCE.

Focused on driving value to our customers and shareholders, we have completed significant milestones to bring the company's initial products and services to commercialization and anticipate significant revenues. In this short period, we established the current business model, activated our acquisition strategy, procured new products & technologies, streamlined operational management, expanded sales channels, and executed agreements with strategic affiliates.

While remaining capitalized and meeting the new SEC reporting requirements, Marcum & HTFL continue as our accounting & SEC representatives. With the sale of Surgical Spotlight and elimination of company debt, the courts dismissed "with prejudice" all litigation which once was holding the company back. Immediately following this relief, we quickly focused on entering the fintech market and completed developing our new surgical software platform to enable faster financial transactions between hospitals and medical device vendors. I am also pleased to bring to your attention, we have entered into partnership discussions and exclusive agreements with globally recognized players in this target market.

To fully engage our expertise & existing sales channels, the acquisition of PUR Biologics® has proven to add significant value with proprietary cell-derived technologies focused on bone & cartilage regeneration. Along with the existing line of commercialized products, PUR quickly launched PUR PillarsTM as a part of the new product portfolio. Independently managed by its experienced biotech leadership & scientific team, we are actively negotiating the rights to a breakthrough technology which addresses current product limitations & patient safety in growing bone & specifically relating to PUR's focus on "spine fusion" surgeries. PUR's products are the first to flow through our new surgical software and "fast-pay" vendor payment system.