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Toron, Inc. (TRON)

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Last Post: 12/15/2017 7:56:37 PM - Followers: 253 - Board type: Free - Posts Today: 252

TRON INSIGHT AND DD as presented: 

1. Fantastic sequence of events by management to restore a completely CURRENT ticker and presenting shareholders here with the FRAMEWORK  
and Foundation for a solid Buisness model that could bring value to all. 

2. Zero Dilution, No Reverse Split, and Extremely Low Float!!! 
Authorized: 1.000,000,000 
Issued: 813,659,316

Restricted: 514,570,000 
299 mill float - that is super fricking low


TRON's book value is .22 per share! That is based on taking the multiple of 24 (which is a multiple used for mergers and acquisitions) times $7.6 Million (EBIDTA) and divide that total by our Outstanding Shares of 813 Million. TRON has a book value of .22 per share with the acquistion of InMed!

3. NEW noteworthy and highly credible Board of Directors. 

4. The last few weeks have presented material event after material event. The PPS here will dramatically increase with low volume. 

5. Recently, the announcement of AUDIT and moving to SEC reporting  again further solidifies that whatever is about to go on here, they mean business! 

6. I suspect that the acquisition news being referred to here relates to something alluded to in the first press release from TRON a few weeks ago. 
They likely have a deal with a healthcare provider or center similar to that of  CHOICE Healthcare and Acuant Tech. 

7. Next step will be to find out more about the company and revenue potential.  Looking forward to the first national news wire press release from the company 
clueing us in as to the technology and software being leased and the reference to the "medical kiosks". 

8. It's beyond rare for any OTC company to even secure a private placement..let alone 1 for a staggering $10M!!! And they've already stated in 1 of their  PR's that part of the $10M in non-dilutive financing is going towards ACQUISITIONS...  as in plural form!!! So not only do we already have iMedScan...  we're about to have even more valuation driving acquisitions announced soon which  will dramatically impact the valuation metrics that get applied to TRON's now evolving/emerging equation. 

9. New Website is Coming!! https://toroninc.com/ 

10. HUGE DD on new TRON Board of Director Patrick Ryan  http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129345339 

11. Board of Directors (BOD) Members are very very credible and have achieved much which leads me to believed that they have some targeted acquisitions already in mind: 
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129343241 

12. Good Videos Explaining What is IMEDSCAN!  https://www.youtube.com/watch?v=NXacK5eqXqk  https://www.youtube.com/watch?v=pqHwXRLwNdw 

June 15, 2017 - Toron, Inc. (OTC Pink: TRON) provided its stockholders today with a corporate update. Toron’s Chief Executive Officer, Rene Ortiz Morentin, announces that Toron has also successfully completed its first round of funding to empower the Company to begin implementation of its business plan. On June 9, 2017, the Company was officially removed from custodianship from Barton Hallow, LLC and Adam Tracy pursuant to a Nevada District Court Order. On June 14, 2017, Custodian case was formally closed. Today, the Company updated its filing with the Secretary of State of Nevada reflecting the removal of Mr. Tracy as a director and seating its new board of directors. Additionally, the Company has filed an amendment of the articles of incorporation, with the board of director’s approval, with the Secretary of State of Nevada to reduce its total authorized shares of common stock from 2,500,000,000 to 1,000,000,000. Mr. Ortiz Morentin stated “I can see no reason to support a dilution event for Toron shareholders”
http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=26001

May 10, 2017: Mr. Ortiz Morentin is pleased to announce “Toron is now firmly in the hands of its shareholders 
and we look forward to executing our new business objectives and plans”.

http://www.otcmarkets.com/stock/TRON/news/TORON--INC---OTC-TRON--PROVIDES-CORPORATE-STATUS-UPDATE?id=158638&b=y
Toron, Inc. (hereinafter 'Toron' or the 'Company') is an innovative disruptive healthcare technology company headquartered in Miami Beach, Florida. The company is focused on integrating access to electronic data interfaces for healthcare providers and payer systems in a user-friendly manner. Toron provides ease of use for patients by simplifying their check-in registration process. Simplifying this process also reduces healthcare providers' administrative expenses and lost revenue due to insurance rejections or denials.

MIAMI, FLORIDA – March 21, 2017 - Toron, Inc. (OTC Pink: TRON) provided its stockholders today with a corporate update. 
On February 24, 2017, a Special Meeting of Stockholders was held. The restated bylaws of Toron were approved and adopted. Additionally, at the Special Meeting Rene Ortiz Morentin was approved as Toron’s President and Director.  The Company has finalized the Due Diligence requirements for its new directors, Mr. Patrick Ryan  and Mr. Phillip Otero. The new directors shall be updated in the next ten days.  The Company has retained the accounting firm of Appelrouth, Farah & Co., P.A. to audit the  Company’s past 2 years of financial statements and to file a Form 10 with the Securities and  Exchange Commission. The Form 10 filing will result in Toron being current in its SEC filings. 

Mr. Morentin says the filings should demonstrate that the Company is moving forward aggressively with its new business plan. Additionally, such actions will aid in the $10 million Private Placement to launch iMedScan and for other potential corporate acquisitions. 

TORON, INC (OTC: TRON) PROVIDES CORPORATE UPDATE REGARDING PENDING MERGER WITH IMEDSCAN CORPORATION

Toron Inc. to Merge With Disruptive Healthcare Technology Company MIAMI BEACH, FLORIDA – August 17, 2016 -
Toron, Inc (OTC Pink: TRON) provided its stockholders today with a corporate update regarding the pending merger with private company, iMedScan Corporation. Pursuant to the definitive Agreement and Plan of Merger entered into on March 30, 2016 iMedScan will become public through an alternative public offering or “APO” transaction with Toron. On March 21, 2016, in anticipation of the closing of the merger transaction during the third quarter of 2016, Fabrizio Bosticco, the Chief Executive Officer of iMedscan, was also named Chief Executive Officer, President and Director of Toron. iMedican is a healthcare project development and management company holding a proprietary technology that provides for the instant verification of a patient’s medical insurance. “iMedcan’s proprietary technology will generate a twenty-five (25%) reduction in patient insurance rejections or denials from insurance payors,” Bostico said. He continued, “changes in the healthcare industry have considerably lowered profit margins and increase the costs of healthcare to consumers; we believe our technology will create significant cost reductions that will benefit both insurers and insureds.” In March, 2016, iMedScan entered into an agreement with Acuant Corporation of Los Angeles, California to employ its proprietary, hosted scanning solution on patient’s driver’s licenses and insurance cards. Most recently, in June, 2016, iMedScan finalized a test program with Change America, formerly Emdeon Corpoation, utilizing an electronic data interchange for verifying and validating patients’ health insurance. “We estimate a fifty (50%) percent net profit recapture from each medical office that adopts our technology,” Bostico noted. Currently, in addition to traditional medical offices, iMedScan is focusing on the further development and commercialization of kiosk devices hosting the company’s scanning solution. About Toron, Inc. & iMedScan Corporation On March 30, 2016, Toron, Inc. entered into an definitive Agreement and Plan of Merger with iMedScan corporation, pursuant to which, upon closing, iMedScan will become a wholly-owned subsidiary of Toron. iMedscan Corporation is an innovative disruptive healthcare technology company focused on integrating access to electronic data interfaces (“EDI”) for healthcare providers and payor systems in a user friendly manner. iMedScan’s technology provides ease of use for patients by simplifying their check-in registration process, while at the same time reducing the healthcare providers’ administrative expenses and lost revenues by eliminating insurance rejections, denials or any incorrect results arising from erroneous or incomplete patient information verification. iMedScan’s proprietary  iMedScan Connect and iMedScan EDI technologies will combine to create strong, recurring revenue for the company. Statements in this press release that are not historical fact may be deemed forwardlooking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Toron, Inc believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Toron is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability meet the conditions necessary to, among other matters, obtain a public listing on a major national exchange.  http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=21784


Due diligence and visual due diligence below on $TRON whereby it appears this is no longer a PENDING merger, but quite possibly a completed merger

It is opinion, that to best understand what's truly in play here with TRON, one must look at the last 8 months events to gain the right perspective. The company has announced a reverse merger with Imedscan - a private corporation that is owned and operated in Florida 

NOW Please read the UPDATE provided on this merger that had stsrted in March, then updated in October 2016 and now...based on some connecting the dots here -- appears set to announce its MERGER deal to the public. It is my opinion that after iMedscan secured these two contracts listed below, the results were far better than anyone could imagine and now REVENUES are likely flowing in to this Private company (but actually already public). It's also my opinion, that IMedscan correctly dissolved in Oct 2016 and now is formally listed as .tron with its new CEO. 

In March, 2016, iMedScan entered into an agreement with Acuant Corporation of Los Angeles, California to employ its proprietary, hosted scanning solution on patient’s driver’s licenses and insurance cards 

Most recently, in June, 2016, iMedScan finalized a test program with Change America, formerly Emdeon Corpoation, utilizing an electronic data interchange for verifying and validating patients’ health insurance. “We estimate a fifty (50%) percent net profit recapture from each medical office that adopts our technology,” Bostico noted. Currently, in addition to traditional medical offices, iMedScan is focusing on the further development and commercialization of kiosk devices hosting the company’s scanning solution. 

About Toron, Inc. & iMedScan Corporation On March 30, 2016, Toron, Inc. entered into an definitive Agreement and Plan of Merger with iMedScan corporation, pursuant to which, upon closing, iMedScan will become a wholly-owned subsidiary of Toron. iMedscan Corporation is an innovative disruptive healthcare technology company focused on integrating access to electronic data interfaces (“EDI”) for healthcare providers and payor systems in a user friendly manner. iMedScan’s technology provides ease of use for patients by simplifying their check-in registration process, while at the same time reducing the healthcare providers’ administrative expenses and lost revenues by eliminating insurance rejections, denials or any incorrect results arising from erroneous or incomplete patient information verification. 

iMedScan’s proprietary iMedScan Connect and iMedScan EDI technologies will combine to create strong, recurring revenue for the company. 
PROOF FROM ACUENT TECH below that they indeed used the Imedscan/Patient trac technology for their PRODUCTS- one of which is making Californa Drivers licenses and OTHER TYPE LICENSES...hmmmm ! 

 

 
NOW READ THIS RESPONSE VERY VERY CARFULLY.... 
 
SO HOW BIG IS THIS MERGER? 

AND WHAT IS PATIENT TRAC- and why is this ALSO owned by Wayne Hayes? With the exact same listed address as iMedscsn in the latest OTCmarkets update.  Patienttrac Inc is a privately held company in Miami Beach, FL and is a Single Location business.  Categorized under Temporary Medical Services. Our records show it was established in 2000 and incorporated in Florida. Current estimates show this company has an annual revenue of 12-15mil and employs a staff of approximately 35. 

Registry Admin ID:   
Admin Name: H Wayne Hayes Jr 
Admin Organization: PatientTrac Information Technology Corp 
Admin Street: 975 Arthur Godfrey Road 
Admin Street: Suite 401 
Admin City: Miami Beach 
Admin State/Province: Florida
 
Admin Postal Code: 33140 
Admin Country: US 
Admin Phone: +305.4288326 
Admin Fax: +305.7638164 

 

 
It's also located international in England --- 
 
Here is the proof that IMedscan was fully compliant and then in October, around when this merger seemed well on its way to being formulated - it appears to have not issued the same annual statement whereby changing directors in a way. 
 

BACK TO THE MERGER DEAL With TRON and iMedscan  This is what's very exciting here...lMO 

The Issuer anticipates the Merger will close in the 3rd quarter of 2016. The Merger is  designed as a reverse subsidiary merger pursuant to Section 368(a)(2)(E) of the Internal  Revenue Code. That is, upon closing, iMed. will merge into a newly-created subsidiary  of the Issuer with the members of iMed receiving shares of the common stock of the Issuer  as consideration therefor. Upon closing of the Merger, iMed will be the surviving  corporation in its merger with the wholly-owned subsidiary of the Issuer, therefore has  become the wholly-owned operating subsidiary of the Issuer. 

* As of the date of this Information Statement, there are 743,589,316 shares of the Company’s common stock issued and outstanding. ?During the preceding two (2) years, the Company has issued the following securities: ?On March 21, 2016, we issued 400,000,000 shares of our common stock to Hudson BA Corporation, a Florida corporation, pursuant to the Letter of Intent dated March 21, 2016. ? (Subsequently these were all returned by old cEO and TRON has these shares now to complete the merger and named a new CEO. 

Please read that announced merger here :  www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=158205 

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124782086 

CHANGE HEALTHCARE was purchased by Emdeon in 2014 for 135mil. They have become the LARGEST financial admin and healthcare collaborative in the USA, They were in need of this patented technology to scan licenses and health and state ID cards in real time. BOOM - welcome Imedscan! 

 


 
And check this out...the technology is already bring implemented to scan licenses and health ID cards in real time even at PHARMACIES. 

 

NOW CHECK THIS OUT? Acuant Corp in California just release this new product that definitely has used the TRON technology called Mediscan! It clearly states that IMedscan will derive MONTHLY revenues from the use of its proprietary technology! THINK ABOUT IT...what burgeoning industries require the use of licenses and immediate identity proof and is growing in 30 US states now?? 

HEALTHCARE practical uses for Imedscan and Acuent - Joine venture product 
 MEDICAL PRACTICES     RETAIL CLINICS     MOBILE HEALTHCARE  
   ??Innovative technology in healthcare is necessary for patient medical care, but this is also true for front office workflows. Patient intake must be precise but can feel like a tedious task to both patients and staff. Transform your patient intake into a positive initial experience for patients to create trust and loyalty. Through the automation of image and data capture of ID’s and Medical Insurance cards with Acuant’s MedicScan® providers obtain accurate information input into EMR’s in seconds. This means shorter lines, less manual labor and translates into cost savings. With smart data from the start, practices will see reduced claim rejections and deliver a seamless check-in experience for patients.  

Check this visual proof out here of ACUENT using IMedscan technology :: 

 

 


 

NOW CHECK THIS NEW SECTION OUT ON ACUENT TECHNOLOGY WEBSITE... 

 

It is opinion, that we will be hearing from the new CEO Soon, as reflected on the NVSOS change. NEw CEO has 30+ years in international business and mergers/aquisitions. Rene is an extremely intelligent and qualified CEO to lead TRON in this new age of the need for instant VERIFICATION of drivers licenses, healthcare ID cards ---and potentially, Other burgeoning industries like MMJ and Border control ID card needs. 


 

MIAMIDec. 13, 2017 /PRNewswire/ -- Toron, Inc.  (OTC Pink:   TRON) provided its stockholders today with a corporate update.

We are pleased to announce that our vision to further enter the healthcare market has taken another step forward. Toron is proud to announce we have entered into a Letter of Intent to acquire InMed Group, Inc., a Montgomery, AL based operator of hospitals and senior care facilities ("InMed").  InMed operates 3 hospitals and 9 adult care facilities in Alabama and Georgia. For Fiscal Year Ending 31 December 2016, the group recorded Revenue of approximately $87 million and posted an EBIDTA of approximately $7.6 million.

InMed's corporate offices are located at 60 Commerce Street, #700 Montgomery, AL.

We entered into the Letter of Intent with InMed Group on 5 March 2017 and amended the Agreement on 13 June 2017 and 8 October 2017.

On 29 September 2017, Toron received a Letter of Intent for $11 million in equity from Flagship Properties, a New York based institution. We are currently negotiating with several financial institutions for the debt component to complete our acquisition financing.

President Ortiz Morentin stated "This acquisition demonstrates our resolve to bring value to all Toron shareholders and will serve as a clear example of the veracity of our iMedScan software. We fully intend to implement iMedScan software into all the operating units and expect that the insurance and patient collection process will be dramatically improved and hence, increase future cash flow from the acquisition." 

About Toron, Inc: Toron Inc. is a publicly held Nevada corporation and is the owner of iMedScan Corp. iMedScan is an electronic data interface software for patient insurance verification. http://www.toroninc.com

About InMed Group, Inc. InMed is a privately held corporation which has been in business since 1994. The company owns and operates three (3) hospitals located in Alabama and Georgia. Additionally, it owns and manages surgery centers and adult assisted living facilities.

Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Toron, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Toron, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability to meet the conditions necessary to, among other matters, obtain a public listing on a major national exchange.Cision View original content:http://www.prnewswire.com/news-releases/toron-inc-provides-corporate-status-update-300570468.html

TRON's book value is .22 per share! That is based on taking the multiple of 24 (which is a multiple used for mergers and acquisitions) times $7.6 Million (EBIDTA) and divide that total by our Outstanding Shares of 813 Million. TRON has a book value of .22 per share with the acquistion of InMed!

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PostSubject
#18912  Sticky Note Folks, this is HUGE: Pennystocktrader 12/13/17 11:52:26 AM
#18888  Sticky Note >>>TRON CORPORATE UPDATE<<< GOLDBUFFALO 12/13/17 11:37:49 AM
#13595  Sticky Note $TRON Huge NEWS!!!!!!!!!!!!! https://www.otcmarkets.com/ajax/showNewsReleaseDoc smitter 03/03/17 03:28:11 PM
#12192  Sticky Note I went to the Clark County court website nodummy 01/27/17 12:41:30 PM
#19784   Share structure has not changed. Where did you devil dog 96 12/15/17 07:56:37 PM
#19782   Yup...Another stinky-pinky pretending to enter a new market, Homebrew 12/15/17 07:48:19 PM
#19781   TRON’s RSI is reset now at 60! Perfect! Pennystocktrader 12/15/17 07:31:20 PM
#19780   You too MulaGreen! Enjoy! Pennystocktrader 12/15/17 07:23:52 PM
#19779   https://www.otcmarkets.com/stock/TRON/news/Toron--Inc--Provides-Corporate-Update Pennystocktrader 12/15/17 07:23:05 PM
#19778   PST:TRON really ahead into this MULTI-BILLION Block Chain ~MulaGreen~ 12/15/17 06:52:13 PM
#19777   Your welcome PST Approximately 100 million shares traded SamTheTrader 12/15/17 06:40:33 PM
#19776   This zombie ticker trying to link to blockchain nonsense?? Homebrew 12/15/17 06:32:54 PM
#19775   Too bad TRON is just a scam. Huggy Bear 12/15/17 06:21:04 PM
#19774   Thanks SamTheTrader! Pennystocktrader 12/15/17 05:50:37 PM
#19773   Interesting article... SamTheTrader 12/15/17 05:43:07 PM
#19772   Look at this article about how BlockChain is Pennystocktrader 12/15/17 05:38:15 PM
#19771   Any chance company would be buying shares now Nicasurf 12/15/17 05:08:34 PM
#19770   Imedscan is a subsidiary of TRON! Anything that Pennystocktrader 12/15/17 04:46:40 PM
#19769   Been holding over a year wish some of Nicasurf 12/15/17 04:36:56 PM
#19768   Trons not even mentioned in the atricle. Im redneckfromhell 12/15/17 04:32:58 PM
#19767   BlockChain is the relevant connection. Pennystocktrader 12/15/17 04:25:28 PM
#19766   It is relevant because Overstock’s use of BlockChain Pennystocktrader 12/15/17 04:25:06 PM
#19765   It is about BlockChain and how BlockChain can Pennystocktrader 12/15/17 04:23:30 PM
#19764   I respect your opinions but this is irrelevent.to redneckfromhell 12/15/17 04:21:47 PM
#19763   Here is the PR from yesterday (Thursday) about BlockChain: https://www.otcmarke Pennystocktrader 12/15/17 04:18:52 PM
#19762   Because it is about BlockChain and we have Pennystocktrader 12/15/17 04:14:53 PM
#19761   How does the cnbc article on patrick bryne redneckfromhell 12/15/17 04:12:57 PM
#19760   That is because most traders get in their Pennystocktrader 12/15/17 04:11:01 PM
#19759   Nice buying EOD... Next week will exciting $TRON SamTheTrader 12/15/17 04:07:33 PM
#19757   Check this out from today: https://www.google.com/amp/s/www.cnbc.com/amp/2017/1 Pennystocktrader 12/15/17 03:55:27 PM
#19756   Remember InMed has 15 facilities we can roll Pennystocktrader 12/15/17 03:53:02 PM
#19755   Check out this video from CNBC on BlockChain: https://www.cnbc.com/video/2017/0 Pennystocktrader 12/15/17 03:51:51 PM
#19754   These damn OTC plays stress me out I Lucefied 12/15/17 03:45:14 PM
#19753   Power close. Not sure we see a gapper. BigJuan 12/15/17 03:44:20 PM
#19752   it's not there Schabblestone 12/15/17 03:43:37 PM
#19751   COME ON... KEEP UP THE PRESSURE.. CLOSE HER GREEN!! Canhedoit 12/15/17 03:42:57 PM
#19750   PUSH into close folks! Pennystocktrader 12/15/17 03:42:37 PM
#19749   THIN on the ask side all the way Pennystocktrader 12/15/17 03:40:06 PM
#19748   Come on now! I have TD Ameritrade...it is Pennystocktrader 12/15/17 03:39:45 PM
#19747   Expecting some solid news Monday! With a gap up! Pstats 12/15/17 03:39:30 PM
#19746   Here we go folks! Pennystocktrader 12/15/17 03:39:11 PM
#19745   Are you serious? Glider549 12/15/17 03:38:34 PM
#19744   Not at all!! A few big ask slaps Canhedoit 12/15/17 03:38:18 PM
#19743   Absolutely PST... Will not take much to SamTheTrader 12/15/17 03:37:19 PM
#19742   Got 007-0075 50% fib retrace is complete back i_like_bb_stock 12/15/17 03:35:10 PM
#19739   Nice buying this afternoon! Pennystocktrader 12/15/17 03:31:16 PM
#19738   Was easy to see this morning BigJuan 12/15/17 03:25:22 PM
#19737   Compared to what it will be worth soon! Pennystocktrader 12/15/17 03:25:19 PM
#19736   Very smart BigJuan! Pennystocktrader 12/15/17 03:25:02 PM
#19735   No ..they have no idea what they selling... SamTheTrader 12/15/17 03:24:35 PM
#19734   “Yup made a few buys here. EOD pop BigJuan 12/15/17 03:23:39 PM
#19733   THIN on the ask side back to .01 folks! Pennystocktrader 12/15/17 03:15:03 PM
#19732   Tron I own some on Ameritrade Lucefied 12/15/17 03:11:25 PM
#19731   what is the ticker symbol for this? Schabblestone 12/15/17 03:10:12 PM
PostSubject