FullCircle Registry, Inc. Announces Letter of Intent to Purchase Medical Supply Company

SHELBYVILLE, Ky., Aug. 7, 2013 /PRNewswire/ -- FullCircle Registry, Inc. ("FullCircle") (OTC Bulletin Board: FLCR) today announced that it is currently in negotiations and due diligence to purchase a Medical Supply Company.

On August 6, 2013, FullCircle Registry, Inc., entered into a non-binding letter of intent ("LOI") to acquire a Medical Supply Company located in the southern United States.  The name of the company has been withheld, pursuant due diligence and in the interest of their employees.

FullCircle has retained an independent certified public accounting firm to audit the financials of the Company.  The Company is profitable and is the leading medical supply provider in their market.  In 2012 the Company reported revenues of $1.9 million.

In addition, there have been several other Mutual Non-Disclosure Agreements signed with companies in those business sectors that were identified in our recent stockholder letter of June 5th 2013.  Negotiations are active and ongoing.

Mr. Frohreich stated, "While many exciting challenges are still ahead, this is a compelling opportunity for FullCircle and will allow us to diversify our business into an attractive industry and region. We will continue to notify our shareholders as soon as possible once we have determined whether or not we will move forward with this acquisition."

Mr. Frohreich stated further, "In keeping with the business model we continue to look for profitable businesses in need of an exit strategy.  HFP Capital Markets has been assisting FullCircle as we continue to be in discovery and negotiations for Merger & Acquisition opportunities to expand our company."

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

See us online at http://www.FullCircleRegistry.com

FullCircle Registry, Inc.
161 Alpine Drive
Shelbyville, Kentucky, 40065
Contact: Norman L. Frohreich, CEO, 502-410-4500

SOURCE FullCircle Registry, Inc.