Patient Diamond Picks

[GQart]

SANT.PK announces Special Update Call Thursday May 10, 2012 at 5:00 PM(EST)

http://finance.yahoo.com/news/santeon-announces-special-call-thursday-191000706.html

Some history :

SANT (SANTEON GROUP INC)

This is one of those plays where a new company has been put into an old shell. This one is called Santeon Group. The old shell, UBroadcast, Inc., was reversed into only in June of last year.
The star of the show is Santeon Group. Santeon has been in business for over 10 years providing business process management software for the healthcare industry.

In it’s last fiscal year(2009), Santeon only booked $3.6 MM in sales…not that impressive for a 10-yr. old company. However, Santeon is betting the farm of growth. Their PR’s make all sorts of references to strong revenue gains in 2011 and 2012. Santeon is supposedly debt-free and cash flow positive. They have a very strong, conservative management team that values ethics and integrity. Hence they don't pump the stock by ridiculous PR's.

On the last CC in May they forcasted revenue between 6 and 7 mil for 2011 with high profits and no debt. In a radio intervieuw Ash Rofail(CEO) stated they would double revenue every year in the next 3 years.

Only negative on this company is that they are doing an audit, that takes much longer than they thought. Reason for this was the merger with ubroadcast. Old management is gone and they want to file the Q and K that only reflects Santeon's numbers.

They have a very pro website where you can find all info about the company. http://santeon.com/index.html

IMHO this is a long term investment worth looking into.