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National Health Partners, Inc. (NHPR.OB)
National Health Partners, Inc., a leading provider of discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company’s CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
“We are very excited to add another partner that has tremendous history with marketing to the Hispanic marketplace,” stated David M. Daniels, President and Chief Executive Officer of National Health Partners. “The Hispanic marketplace has always been one of our niche markets for our CARExpress programs and this new agreement will add significantly to our continued momentum with new sales. As I just stated last week, we are increasing new sales by at least 75% with our other major partner that we recently announced. With this new Hispanic campaign, we now see our new sales growing at an even faster rate for the remainder of the year and I look forward to announcing even greater sales as we continue to add more partners.”
“We plan to continue to add more strong partners to our fold,” continued Mr. Daniels. “I am really pleased with where we are with our business and I’m especially excited with our outlook for strong growth in new sales and even stronger growth with our cash flow. We continue to stay on track to building very strong cash flow thru the rest of this year and we fully intend to continue to redeploy our cash flow back into more and more new sales. I believe our shareholders will be pleased with the level of growth that we will anticipate over the coming months and into next year. I will continue to update on other positive developments in our company as we continue to move forward with our plan.”
National Health Partners, Inc. sells their CARExpress membership programs directly and indirectly through a variety of marketing and distribution partners. NHPR’s programs typically range in price from $9.95 to $39.95 per month, depending upon the program selected. NHPR also offers features to encourage potential members to try out NHPR’s CARExpress membership programs, including refund guarantees and “trial” periods of free or discounted membership. Healthcare products and services are bundled, priced and marketed utilizing relationship marketing strategies to target the profiled needs of NHPR’s customers. The discounted prices paid by NHPR’s members typically range from 20% to 50% off providers’ usual and customary fees. These discounts are designed to save the individual substantially more than the cost of the program itself.
National Health Partners’ CARExpress membership programs are not insurance. There is no undertaking by National Health Partners to pay a portion of any fee for services or prescriptions purchased using NHPR’s CARExpress membership cards. Rather, NHPR’s CARExpress membership programs provide consumers with access to healthcare providers who, through their affiliations with PPO’s, have agreed in advance to honor NHPR’s CARExpress membership cards and accept the discounted fees set by the PPO’s. Our CARExpress membership programs require members to pay the provider at the time of service, thereby eliminating the need to file any insurance claims. CARExpress members simply present their CARExpress membership card to the participating provider at the time of the service to receive the discounted price.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. NHPR’s primary target customer group is the 47 million Americans who have no health insurance of any kind. NHPR’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. NHPR is headquartered in Horsham, Pennsylvania.
To learn more about NHPR visit: http://www.nationalhealthpartners.com
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MV Oil Trust (NYSE:MVO) announced the Trust distribution of Net Profits for the second quarterly payment period ended June 30, 2011. Unitholders of record on July 18, 2011 received a distribution amounting to $11,845,000 or $1.03 per unit that paid on July 25, 2011.
MV Oil Trust owns net profits interest in oil and natural gas properties of MV Partners, LLC. These properties are located in the Mid-Continent region in the states of Kansas and Colorado. MV Oil Trust was founded in 2006 and is based in Austin, Texas.
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Thomas & Betts Corporation (NYSE:TNB) reported consolidated sales of $566.3 million for the second quarter 2011, a 13.3% year-over-year increase. Excluding acquisitions, sales increased 11%. Increased volumes in all segments contributed to the sales increase. Second quarter 2011 net earnings were $42.5 million or $0.80 per diluted share, excluding a $0.06 per share ($4.8 million pre-tax) benefit from legal settlements and a $0.04 per share ($3.1 million pre-tax) charge for on-going facility consolidations. This compares to net earnings of $0.67 per share in the second quarter 2010 excluding a $0.06 per share ($5.3 million pre-tax) charge for environmental remediation. GAAP net earnings from continuing operations were $0.82 and $0.61 per share in the second quarter of 2011 and 2010, respectively.
Thomas & Betts Corporation is a global leader in the design, manufacture and marketing of essential components used to manage the connection, distribution, transmission and reliability of electrical power in industrial, construction and utility applications. For more information, please visit www.tnb.com.
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Monmouth Real Estate Investment Corporation (NYSE:MNR) declared its quarterly cash dividend on the Company’s Common Stock of $0.15 per share payable September 15, 2011, to shareholders of record at the close of business on August 15, 2011. The Company’s annual dividend rate on its Common Stock is $0.60 per share. Also on July 5, 2011, the Board of Directors declared a dividend for the period commencing June 1, 2011 and ending August 31, 2011, of $0.4766 per share on the Company’s 7.625% Series A Cumulative Redeemable Preferred Stock payable September 15, 2011, to shareholders of record at the close of business on August 15, 2011. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $1.90625 per share.
Monmouth Real Estate Investment Corp., which was organized in 1968, is a publicly-owned REIT specializing in net-leased industrial properties. The Company’s portfolio consists of sixty-four industrial properties and one shopping center located in twenty-five states. In addition, the Company owns a portfolio of REIT securities.
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