Paradise Ridge Hydrocarbons, Inc. (OTCPK:PRGE) announced on May 5, 2017 that in conjunction with its strategic diversification plan, it has formed a subsidiary to pursue acquisitions in the global wellness market. According to President Gordon Johnson, "We are at a pivotal moment where people worldwide are taking steps to change the way they live, work, and play, while at the same time governments are finally recognizing the value of investing in prevention to lower healthcare costs." PRGE has already identified several acquisition opportunities and has commenced negotiations with companies whose products are scalable and offer affordable services to consumers in this sector.