The Board of Directors of Universal Health Solutions, Inc. (GXG: UHS) is pleased to announce that it has approved the 2014 annual audited financial statements of the Company prepared by its independent auditing firm and approved them for issuance. The report will be available in the Financial section of the company's GXG listing page. Mark Comer, CEO, stated, "We are encouraged by our continued growth, both in terms of gross sales and our growing networks of sales professionals. Universal Health Solutions, Inc. Consolidated Statement of Profit or Loss and Other Comprehensive Income For the 12 Month Periods Ended March 31, 2014 and March 31, 2013 For the Fiscal Year For the Fiscal Year Ending March 31, 2014 Ending March 31, 2013 Sales $ 760,900 $ 666,183 Cost of Sales (483,307) (312,612) ---------------------------- ----------------- Gross Profit $ 277,593 $ 353,571 Operating Expenses $ (5,936,732) $ (468,965) Loss from Operations $ (5,659,139) $ (115,394) ---------------------------- ----------------- Other income (expenses) $ 6,178 $ 7,964 ---------------------------- ----------------- Loss before income taxes $(5,652,961) $ (107,430) Income tax expense (benefit) $ - $ - ---------------------------- ----------------- Net Loss $(5,652,961) $ (107,430) ============================ ================= Loss per common share $(0.23) $ (0.00) ---------------------------- ----------------- Weighted average commons shares Outstanding -basic and diluted 25,000,000 25,000,000 ---------------------------- ----------------- Universal Health Solutions, Inc. Consolidated Balance Sheet For the 12 Month Periods Ended March 31, 2014 and March 31, 2013 For the Fiscal Year For the Fiscal Year Ending March 31, 2014 Ending March 31, 2013 Noncurrent Assets Intangible assets - $5,430,000 ---------------------------- ----------------- Total Noncurrent Assets - $5,430,000 Current Assets Cash and equivalents 11,294 21,937 Accounts receivable 73,870 53,894 Inventory 30,296 17,000 ---------------------------- ----------------- Total Current Assets $ 115,460 $ 92,830 ---------------------------- ----------------- Total Assets $ 115,460 $ 5,522,830 ============================ ================= Shareholder's Equity and Liabilities Shareholder's Equity Share capital $ 5,438,948 $ 5,438,948 Accumulated deficit (6,247,893) (594,932) ---------------------------- ----------------- Total Shareholder's Equity $ (808,945) $ 4,844,016 Noncurrent Liabilities Deferred compensation 510,000 390,000 Warranty reserve 13,500 13,500 ---------------------------- ----------------- Total Noncurrent Liabilities $ 523,500 $ 403,500 Current Liabilities Accounts payable 13,760 7,398 Due to affiliate 387,146 267,916 ---------------------------- ----------------- Total Current Liabilities $ 400,906 $ 275,314 ---------------------------- ----------------- Total Liabilities $ 924,406 $ 678,814 Total Shareholder's Equity And Liabilities $ 115,460 $ 5,522,830 ============================ =================