Home > Boards > US OTC > Medical - Healthcare >

Visual Med (VMCS)

Add VMCS Price Alert      Hide Sticky   Hide Intro
Moderator: $treet Trader, EHRjunkie
Search This Board: 
Last Post: 1/22/2019 4:07:05 AM - Followers: 40 - Board type: Free - Posts Today: 0


VisualMED started its operations in 2001 in Montreal, developing (in cooperation with Cardinal Health) a full suite of clinical and medical solutions (investing $50-60 million) to help hospitals, clinics and healthcare authorities improve the efficiency of managing patients care, increasing personnel efficiency, bringing down operating cost while improving outcomes. It included a Computerized Physician Order Entry (CPOE) with powerful decision support to enable better patient care, greater safety and reduce risks due to medication errors. At the time the VisualMED solution was praised as one of the best in the market. VisualMED modules were running in 11 hospitals and 4 clinics, a.o. The Montreal Heart Institute, St. Justine's Children Hospital, The Segal Oncology Center, Royal Victoria Hospital, Physician Hospital of El Paso, Kansas Surgical and Recovery Center of Wichita, SR Rehab Center of Battle Creek, Ville Marie Breast Clinic Montreal, St. Mary's Oncology Day Center etc. Unfortunately VisualMED was not able to compete with larger companies and suffered heavy losses. Under ARRA VisualMED made a comeback in 2010-2011 but was unable to attract financing/venture capital to make a big step forward.

In 2011 VisualMED had become party to a joint venture comprising Verizon, The Veterans Hospitals and the State of Maryland. April 2012 the Maryland Center at Bowie State University issued a PR about a new partnership with Intelaform inc. and VisualMED to develop a community-based care transition program for the State of Maryland. A fabulous venture (working on projected revenue of $2 billion) collapsed when Governor O'Malley left and the funding for the project was cancelled. After this giant blow VisualMED tried to survive, fighting off losses from existing contracts and reorganisations.
The company was kept alive by loans from officials, $654,000 per 06-30-2018.

At this moment VisualMED still owns all rights to it's set of clinical modules and the medical database. VisualMED now calls itself a medical knowledge company. End 2016 Gerard Dab said: "The Quebec government has just provided 93 million dollars to one of the world's leading research fellows in artificial intelligence and machine learning. Part of the mandate for this research will be to impact the way Healthcare is managed as well as the practice of Medicine. This is a step towards the automation of Medicine. The academics have a mandate to work with the private sector. I will be meeting with this group in order to explore how we can participate in this ground breaking initiative". Last july 2018 Gerard Dab said the following: "We are looking towards teaming up with some of the vast Networks working on an artificial intelligence in Montreal which have raised almost a billion dollars from Canadian public funds." After a long silence (2012-2017) suddenly the company comes alive, posting the annual list at the Nevada secretary of state and a reinstatement of the company per 08-31-2018.

January 5th 2019 CEO Gerard Dab gave an update: "Dear stakeholders and fellow shareholders In response to your many recent inquiries let me review where we stand at the onset of this new year. The company is and has been very much active, looking to revive its medical automation business after many lean years. It still holds a portfolio of valuable intellectual property regarding prevention of adverse drug events (ADE) as well as workflow solutions in the in-patient clinical setting. Since 2017 we have taken advantage of the fact that our university affiliates are world leaders in machine learning and Artificial Intelligence. We are in the process of bringing our applications up to date with artificial intelligence as well as new advances in big data analysis. The medical planning is being done in Montreal, programming will be outsourced to a Polish company for obvious benefit in terms of quality and cost-saving. We are also in the process of taking our intelligent applications originally created for clinicians and making them available to patients and citizens concerned about their health. This initiative has significant government support. We have been qualified for public funding in the amounts of 2- 2,25M most of which is made of government loans and grants. The main reason for our set back between 2011 and 2016 had been a major shift in government priorities away from seeking better outcomes and reducing deadly adverse drug events to a single-minded focus on the issue of insurance and access to care. Of course, access is an important issue but not one that benefit our clinical improvement business. Now that the issue of access has been resolved there is a renewed interest in finding solutions to our deteriorating quality of care. After 20 years of massive investments in all kinds of information technology, mostly obsolete, by health boards and hospitals, the number of deadly ADEs, adverse drug events, has not decreased in the United States and Canada. Every year half a million people continue to die from preventable adverse drug event because the combination of prescriptions is not properly monitored neither by physicians nor pharmacists. It remains the same number of preventable deaths that had been referenced in the watershed 1999 National Institute of Health report titled: “To Err is Human”. VisualMED is now turning to new advances in artificial intelligence and machine learning and possibly eventually blockchain. This makes it possible for us to put in the hands of individual patients, the very same technology tools that they can now use to monitor their own health status and to some extent monitor their prescriptions and procedures. As we know most people are not health conscious, but we believe we can rebuild our business around mothers with children, people caring about aging parents and, yes perhaps, hypochondriacs. A few hundred thousand subscribers could support a viable business model. We shall see.
With my best wishes for a Happy New year Gérard Dab"

VisualMED Clinical Solutions Corp. has a listing on OTC Markets (OTC:VMCS), share structure per 06-30-2018:
number of A/S: 350,000,000 
number of O/S: 224,170,445
free float : 91,009,751 

(the real free float is very limited as most shares are in solid hands)

VisualMED Board of Directors:
Gerard Dab: CEO (co-founder and Chairman since its inception)
Michel Dab: treasurer
Louis Lombardo: director (Mr. Lombardo is attorney and partner at Meister Seelig & Fein,
corporate and securities law advice to clients in mergers and acquisitions,
corporate governance, public and private securities offering etc
(VisualMED has 8 parttime consultants)

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#1435   Yep, always risk investing in OTC stock. But EHRjunkie 01/22/19 04:07:05 AM
#1434   I agree that is gambling but as they tmcfo 01/18/19 10:40:36 AM
#1433   or seller so far everything spielerei Oedinger 01/18/19 07:48:39 AM
#1432   Here comes copper.. tmcfo 01/16/19 06:38:49 PM
#1431   Thanks for the information. Looks like things tmcfo 01/10/19 10:42:21 AM
#1430   VMCS someone bought 700k @ .0082 $treet Trader 01/10/19 09:40:56 AM
#1429   Talked to some people in Montreal with close EHRjunkie 01/10/19 09:21:27 AM
#1428   https://www.barchart.com/stocks/quotes/VMCS/technical-chart?plot=CANDLE&volume=t EHRjunkie 01/09/19 09:02:33 AM
#1427   We're almost at the 5 year high of .01 EHRjunkie 01/09/19 08:07:05 AM
#1426   Hi, over the years Visualmed invested $50-60 million EHRjunkie 01/09/19 06:23:06 AM
#1425   What’s your target on this and short term lynx2lynx 01/08/19 11:06:02 PM
#1424   It is coming.. tmcfo 01/08/19 05:19:20 PM
#1423   VMCS .0087 up, chop chop lets that new 52wh $treet Trader 01/08/19 02:35:30 PM
#1422   VMCS .0086 $treet Trader 01/08/19 02:22:23 PM
#1421   VMCS .0086 up, here comes new 52wh, then booooooooooooom $treet Trader 01/08/19 02:17:16 PM
#1420   VMCS .008 Artificial intelligence play , could see $treet Trader 01/08/19 01:16:39 PM
#1419   Artificial intelligence is here to stay and it tmcfo 01/08/19 11:41:12 AM
#1418   VMCS .007 x .008 if the stars line $treet Trader 01/08/19 11:11:46 AM
#1417   VMCS .008 copper sooooooooooooo close $treet Trader 01/08/19 10:32:17 AM
#1416   Yep, patience is a virtue and not everybody's EHRjunkie 01/08/19 07:23:09 AM
#1415   I guess some sellers have no patience for tmcfo 01/07/19 06:33:45 PM
#1414   Don't be surprised to see updates for their EHRjunkie 01/06/19 05:37:19 AM
#1413   So to wrap it up, Visualmed is to EHRjunkie 01/06/19 05:17:09 AM
#1412   CEO Dab's latest update was posted on Facebook EHRjunkie 01/06/19 05:10:06 AM
#1411   Dear stakeholders and fellow shareholders In response to EHRjunkie 01/05/19 06:16:03 AM
#1410   Visualmed is definitely on the radar now, still EHRjunkie 01/02/19 05:42:38 AM
#1409   https://m.facebook.com/visualmed.clinical.solutions/posts tmcfo 01/02/19 12:17:32 AM
#1408   When the big news gets out this stock EHRjunkie 01/01/19 08:34:49 AM
#1407   No question about it..Volume and copper coming.. tmcfo 12/31/18 08:14:03 PM
#1406   VMCS .0088 copper city coming $treet Trader 12/31/18 11:25:49 AM
#1405   Interesting to see what develops in near future tmcfo 12/28/18 10:23:24 AM
#1404   VMCS VMCS is steadily moving up day by lgrace921 12/28/18 09:24:20 AM
#1403   you bet accumulation, still nobody notices whats going EHRjunkie 12/28/18 04:32:57 AM
#1402   Accumulation keeps going...somethink cooking? tmcfo 12/27/18 09:45:54 PM
#1401   Id like to see him merge the two companies gemstone57 12/07/18 07:14:22 AM
#1400   It's funny to see that Visual Healthcare has EHRjunkie 12/07/18 03:34:27 AM
#1399   Hi Gem, did you read the Edit Intro EHRjunkie 12/07/18 03:19:39 AM
#1398   VSHC has been having some terrific accumulation the gemstone57 12/06/18 01:05:59 PM
#1397   Any more info? gemstone57 12/06/18 11:39:15 AM
#1396   There is no pump, just actual happenings. Imo tmcfo 11/27/18 01:18:18 PM
#1395   What pump...only the beginning. tmcfo 11/22/18 09:36:16 AM
#1394   VMCS .0069 copper coming $treet Trader 11/19/18 03:11:29 PM
#1393   Pump is over Daytrader2013 11/19/18 01:05:40 PM
#1392   its coming $treet Trader 11/19/18 12:58:14 PM
#1391   $VMCS beautiful Pop here $treet! This one is Sam'd'Mil 11/19/18 12:45:35 PM
#1390   VMCS .0079 getting taken out, copper just a $treet Trader 11/19/18 12:13:12 PM
#1389   Don’t think so, people start to realize that EHRjunkie 11/19/18 12:08:12 PM
#1388   could be a short here $treet Trader 11/19/18 11:42:35 AM
#1387   VMCS .009 booooooooooooooooooooom $treet Trader 11/19/18 11:41:38 AM
#1386   VMCS .0056 going $treet Trader 11/19/18 11:38:10 AM