PALM DESERT, Calif., Aug. 9 2018 /PRNewswire/ -- HealthMed Services Ltd., (OTC Pink Sheets: HEME—News) announced today that it is now in good standing with the State of Nevada, and has elected new officers and directors.

The Company also announced that its Board of Directors has canceled the Material Definitive Agreement entered into on February 18, 2011 with Health Emergent Technologies, Inc. ("HET") and its majority shareholder, Henry J. Smith, whereby HealthMed Services Ltd., acquired a 91% interest in HET. Further, the Company's management has been authorized to notify the Company's transfer agent to cancel 340,000,000 shares of restricted common stock issued to Henry J. Smith and to return 600,000,000 shares of HET common stock to Mr. Smith effective immediately.

About HealthMed Services, Ltd.

HealthMed Services, Ltd. ("HEME" or the "Company") is in the business of acquiring and leasing space to licensing growers for the cultivation, production (processing), and distribution of cannabis and cannabis-related products in Southern California within an incubator environment (via its subsidiary company, CannaCorp, Inc.). Additionally, the Company intends to develop and expand its renewable fresh water and real estate assets.

Forward looking information

This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate, " "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond the Company's control-could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.

Contact Person:

HealthMed Services, Ltd.
J. Shipley, CEO
Telephone - 714-514-5624
jim@healthmedservicesltd.com

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SOURCE Healthmed Services, Ltd.