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Mitesco Announces Opening of The Good Clinic at Nordhaus, Minneapolis; Expands Investment ...
Mitesco, Inc.January 21, 2021 GMT
MINNEAPOLIS, MN, Jan. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mitesco, Inc. (OTCQB: MITI) today announced that its new clinic subsidiary “The Good ClinicTM” expects to open its flagship unit in Minneapolis on February 1, 2021. The new clinic is located in the Nordhaus apartment complex, one of 52 multi-unit properties nationwide developed by Lennar Corporation. It houses 600 apartments with a target population of approximately 1,000 individuals.
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Larry Diamond, CEO of Mitesco, said, “While the opening of this first unit is exciting, more meaningful is the enthusiasm with which the market has embraced our direction, as demonstrated by a substantial increase in our shareholder base and market capitalization. This increased level has shown that the commitment of our early investors, and their insight, were well founded. We have new investment banking relations as a result of the market support, and with their contribution we expect to be able to affect our expansion plans which call for 50 units over the next 2-3 years nationwide, as always, subject to suitable financing and market conditions.”