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It's motherlode, not motherload.
It's hard to take seriously someone who is barely literate.
Moving forward refers to the progress in prepping the mine for mining. Nice try, though. NBRI
Look up the definition of coming.
A CEO of a different, better-run company has this to say about a CEO's duties to shareholders:
"A company has to let people know they exist. It's called marketing. Any company that fails to market itself is doing a disservice to its shareholders. Just issuing press releases to the news wires and leaving it at that generally results in it only being seen by people who are already looking for news about the company (i.e. existing shareholders). Getting our news in front of a wider audience benefits all shareholders. There is a fine line between news distribution and a pump. We do not pump. Unfortunately, there are some who see ANY effort by ANY company to market themselves as a pump."
Dab-o, where art thou?
Who is George? You mean Gerard?
There is also the matter of this found on one of the supplemental filings:
It's hard to say. We can't be sure really. There are numerous oddities that I found in it.
For one example, who would accept only "139,062 shares for $539,000 in cash" (Page 6, Item 8)?
Wow, really?
Before everyone gets in a frenzy, it looks like they reused the template from Max Wi-Fi days without changing it. Look at Page 10:
Item 9 The nature of products or services offered.
A. principal products or services, and their markets
The mobility of wireless users, along with their need for increased accessibility of Internet-based data, provides a clear demand that hotels must supply. While virtually all hotels provide some sort of Internet access, a hotel’s delivery of Internet access to its guests ranges from dial-up ports in each room to limited access
in a central “business office” where a guest may access an Internet signal. Furthermore, each of these delivery modes are relatively slow, unsecure and usually based on analog technology. We provide hotels with the current technology of secure wireless broadband Internet access in digital form. Also, we allow our hotel customers to avoid numerous obstacles (such as physical construction and design issues) in upgrading to digital
communications.
Who said anything about negativity? It relates to something else about the company. Maybe you can figure out what we're talking about.
Facebook, before Dab changed his profile to private. Looks like he's changed it back now. Note, though, he is not friends with her.
Gee, a 15 year old story about a face mask company? Why don't you tell us, otherwise it will be marked "Off Topic".
Price of gold.
NBRI
Show me 5 companies/labs that use sygenics software (and are still in business). I did a cursory search and all of the companies that they've made deals with are no longer in operation.
"This joint venture will see Visual Healthcare market the new lab platform across its entire network of licensees and strategic allies. The company intends to create an internet sales force. It also intends to use its deep academic roots to penetrate the market of pure science research as well as that of industrial research. It is estimated that there are some 5 million full-time research scientists in the world, and that the market for lab automation of this kind is on the order of $3 billion on an annual basis. The company believes it can secure a modest 2% market share whose value could reach as much as an annual $60 million."
Note key phrases: joint venture will, company intends, It also intends, the company believes. As far as anyone can tell, there is no internet sales force, no marketing of this platform by VSHC.
"Dab is a scientist"
Bwahahahaha! Thanks for the laugh!
He probably meant May 14, 2014.
That was me. I placed my order at 5 til. It never takes 5 minutes to fill an order, so while it may be a T-trade, it was definitely the last order placed during the trading day. I wanted a few shares to round out my holdings, and I got them. NBRI
What are you talking about? No company files a separate Q4. Q4 is always included in the Annual. VSHC's Annual was published on 15 Sep 2011.
Ithaca is a corporation with two directors. Ithaca was given the shares. Don't know how the shares were distributed.
I don't think they were turned over to him. Dab and McHarg divorced last year. We think this was a payoff to her of some kind.
Most of us long-timers know about this. However, Ithaca has been or is being disbanded. VSHC
Corporation Status: Active - Dissolution Pending (Non-compliance)
That's when the VSHC quarterly report is due.
VSHC is a lot farther away from its book value, so it has the potential for more return. Even though these companies are linked, their respective stocks are not. Stock action on one does not much affect the other, but thanks for the advice.
VSHC owns 35% of VisualMed and develops the underlying tech. If you do DD you'll understand why what benefits one benefits the other.
2 Most Recent PRs--VSHC Subsidiary VMCS's Partnerships with Verizon and Other Stakeholders
VisualMED Joins Partnership to Create National Emergency Preparedness & Response Research Center for the United States &
VisualMED Joins Partners for Community-Based Care Transition Program
April 13, 2012 07:40 ET
VisualMED Joins Partnership to Create National Emergency Preparedness & Response Research Center for the United States
Public Private Partnership Includes the Maryland Center, Bowie State University, Intelaform and Verizon
RENO, NV--(Marketwire - Apr 13, 2012) - VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS: VMCS) (FRANKFURT: VA6) announces it has entered into a partnership with the Maryland Center, Bowie State University, Intelaform and Verizon, as announced by the Maryland Center at Bowie State on Wednesday.
The recently formed partnership brings together leaders in healthcare information technology and communications and network solutions that will co-develop a national research center that will apply the latest technologies in managing health information to enhance national capabilities to respond to domestic threats including natural disasters, pandemics and manmade catastrophes.
This multi-disciplinary public/private partnership between Maryland Center, Bowie State, VisualMED Clinical Solutions Corp., Intelaform, Inc. and Verizon Communications Inc. will create the National Emergency Preparedness and Response (NEPR) Research Center, a national network that will respond to recommendations from public and private leaders and develop surveillance and response capabilities to emerging threats on a national level.
The NEPR Research Center, to be housed by the Maryland Center on the campus of Bowie State University, will assist federal, state and private sector leaders in developing protocols and methodology to enhance the ongoing efforts in preparing and responding to national emergencies. The center will offer deployable systems developed by the joint capabilities of the private partners.
"This is the right time and the right place for this kind of project," stated Mickey L. Burnim, president of BSU. "With the creation of the NEPR Research Center, we are taking a significant step towards our vision of creating innovative public/private economic development partnerships that are beneficial to BSU, the state of Maryland, and our great nation."
"The NEPR Research Center has the potential to revolutionize emergency preparedness efforts, by creating unprecedented and uniform access to medical technology and information. For the first time, local, state, and federal agencies will have real-time access to essential, life-saving data in a highly integrated and usable form to prepare for and respond to national emergencies," said J. Randall Hoggle, PD, Chairman of the Board of Intelaform, Inc.
"We are excited about the NEPR Research Center initiative and look forward to a long-term partnership that will produce pioneering milestones in the emergency preparedness community," said Terry Lawlah, executive director of the Maryland Center at Bowie State University. "The Maryland Center will optimize our partner's ability to provide sustainable, scalable and stable capabilities in a collaborative and synergistic relationship."
"We wholeheartedly believe this partnership will prove to be one of the premier relationships of the 21st century, one which will improve the efficiency and effectiveness of our customers while adding incredible value to all stakeholders," stated Gerard Dab, CEO of VisualMED Solutions Corp.
About The Maryland Center at Bowie State University
The Maryland Center at Bowie State University, Inc is a non-profit organization that is an affiliated foundation of the University System of Maryland located on the campus of Bowie State University. As an affiliated foundation, the Center engages in and supports activities to further enhance the educational, research or service mission of Bowie State University. Through this collaboration, The Maryland Center and Bowie State work in concert to increase the research capacity of the University. For more information, visit www.themarylandcenter.org.
About Intelaform
Intelaform, Inc. is a global leader in emergency preparedness and response planning and deployment, medical and biosurveillance and a premier source for healthcare product monitoring and surveillance. Intelaform is a Delaware C-Corporation founded in 2007 as a spin out business of Health Pathways, Inc. with intellectual property from a series of global government agencies and private sector emergency preparedness and response projects and healthcare asset management and monitoring programs. Intelaform global headquarters are in Rockville, Maryland, USA. For more information, visit www.intelaform.com.
About Verizon
Verizon Communications, Inc., headquartered in New York is a global leader in delivering broadband and other wireless communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 109 million total connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of nearly 194,000. For more information, visit www.verizon.com.
About VisualMED
VisualMED markets smart EHR with Clinical Information Systems (CIS) and Computerized Physician Order Entry that meet the new regulatory environment ushered in by the American Recovery and Reinvestment Act of 2009 and the Health Reform Act of 2010. VisualMED offers a powerful technology platform both scalable and interoperable, developed at a cost of some $40 million and tested over many years in tertiary care and ambulatory environments. VisualMED solutions help medical facilities reduce mortality and morbidity due to medical errors, increase provider efficiency, and bring down operating costs. The key clinical components are a core solution in the new agenda to promote greater patient safety and reduce risks due to medication errors. For more information, visit www.visualmedsolutions.com.
Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com
FORWARD-LOOKING STATEMENTS Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
Contact Information
Media Contact:
Cassandra Robinson
Bowie State University
301-860-3505
crobinson@bowiestate.edu
For further information, please contact:
Gerard Dab
514-582-5220
VisualMED Joins Partners for Community-Based Care Transition Program
VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS: VMCS) (FRANKFURT: VA6) announces it has formed a further partnership with The Maryland Center at Bowie State University, Inc., and Intelaform, market leaders in healthcare information and communications, to develop a Community-Based Care Transition Program (CCTP) for the state of Maryland.
Care transitions occur when a patient moves from one health care setting to another. In the instance that people living with serious illnesses move from the hospital to home or a nursing center, they may be at risk for readmission to the hospital if they develop a complication.
The Centers for Medicare and Medicaid Services (CMS), has launched an initiative to reduce hospital readmissions by 20% by 2013. To begin with, the agency plans to spend $500 million -- or half of the $1 billion earmarked in the Affordable Care Act for improving patient safety -- to help hospitals and their community partners decrease readmissions over a five year period ending in 2016. The Maryland Center Transition Care Program (The Program) will focus specifically on the needs of elderly patients transitioning from a hospital setting back to the home environment.
According to a 2007 report of the Medicare Payment Advisory Commission, readmissions to the hospital are estimated to cost Medicare approximately $15 billion, nearly $12 billion of which is for causes considered preventable. In Maryland, hospital readmissions are estimated to cost $300 million annually. The Program is designed to assist the patient during the critical transition period and thereby significantly decrease the number of preventable hospitalizations.
The Maryland Center, an affiliated foundation of the University System of Maryland, has as its charter to eliminate disparities, including those in health, and simultaneously enhance research and development on behalf of Bowie State University. Its new public/private partnership with VisualMED Clinical Solutions Corp. and Intelaform, Inc. will have as a primary goal the development of a CCTP. The initial program will focus on Maryland, and could be expanded across the entire National Capital Region.
The MD Center CCTP is the first of its kind in Maryland. The program will focus on five key areas for aging patients; cardiovascular, diabetes, urological, pulmonary, and dermatological; and seek significant reductions in each.
This program is unique among CCTP programs in that it will provide patient surveillance and "concierge" services to transitioning patients and will integrate the latest technologies in managing health information to enhance the capabilities of all involved parties -- hospitals, physicians, nurses, and other healthcare providers -- to respond to the needs of the transitioning patient.
Intelaform will provide patient surveillance and concierge services, treatment management and patient care management systems to monitor and individually manage each patient's needs. VisualMED Clinical Solutions will provide mobile medical applications and the patient treatment infrastructure with secure access and tracking capabilities to enable real-time collection, aggregation, and sharing of information.
"As designed, this landmark program can be quickly replicated across the United States, reducing Medicare costs by billions of dollars and adding to the quality of life of millions of elderly patients and their families," said J. Randall Hoggle, PD, Chairman of the Board of Intelaform, Inc.
"The Transition Center is an innovative program with the potential to permanently transform transitional care for millions of the most vulnerable citizens in our community. The Maryland Center is proud to be a part of this historic partnership," remarked Terry Lawlah, executive director of the Maryland Center at Bowie State University.
"Transitional care and reduction of readmissions can truly be implemented in a safe and effective manner when using mobile medical and nursing applications," stated Gerard Dab, CEO of VisualMED Solutions Corp.
About The Maryland Center at Bowie State University
The Maryland Center at Bowie State University, Inc. is a non-profit organization that is an affiliated foundation of the University System of Maryland located on the campus of Bowie State University. As an affiliated foundation, the Center engages in and supports activities to further enhance the educational, research or service mission of Bowie State University. Through this collaboration, The Maryland Center and Bowie State work in concert to increase the research capacity of the University. For more information, visit www.themarylandcenter.org.
About Intelaform
Intelaform, Inc. is a global leader in emergency preparedness and response planning and deployment, medical and biosurveillance and a premier source for healthcare product monitoring and surveillance. Intelaform is a Delaware C-Corporation founded in 2007 as a spin out business of Health Pathways, Inc. with intellectual property from a series of global government agencies and private sector emergency preparedness and response projects and healthcare asset management and monitoring programs. Intelaform global headquarters are in Rockville, Maryland, USA. For more information, visit www.intelaform.com.
About VisualMED
VisualMED markets smart EHR with Clinical Information Systems (CIS) and Computerized Physician Order Entry that meet the new regulatory environment ushered in by the American Recovery and Reinvestment Act of 2009 and the Health Reform Act of 2010. VisualMED offers a powerful technology platform both scalable and interoperable, developed at a cost of some $40 million and tested over many years in tertiary care and ambulatory environments. VisualMED solutions help medical facilities reduce mortality and morbidity due to medical errors, increase provider efficiency, and bring down operating costs. The key clinical components are a core solution in the new agenda to promote greater patient safety and reduce risks due to medication errors. The Company's Suites of Medical Solutions operate on state of the art proprietary software platforms with advanced analytical capabilities provided by Visual Healthcare Corp. (PINKSHEETS: VSHC).
Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com
Wrong PR. This is the one with Verizon: http://goo.gl/tOkSI
VSHC
I am. Added some.
Sure, I remember that conf call. I took many notes and I've pasted them below.
We've diversified to all manner of scientific research and following footsteps of social media we have a number of applications we are releasing free of charge.
*Will probably grow 30-50%
*Multiply # of users tenfold.
*5-10% new users may buy applications from company.
*2013 is where we make a significant jump if we expand userbase with new offerings.
There's no going back to losing millions of dollars as in the past.
Question about stock price volatility and awareness: The stock price is definitely disappointing and doesn't reflect the underlying value of the assets. Even if the price reflected the value of the cash development investment, it would be much, much higher.
Heavy debt burden threatened a couple of deals two years ago, hence some dilution.
Company is 11 years old and points to its longevity/survivability.
Though short term the stock market is a public square of voting, long term it is a location of actually valuing a company.
The dilution is over. It will no longer affect the stock, and a lot of people ask why you don't more clearly communicate the deals you have. When you're doing business with the largest co in America, they want to communicate [to the public] first.
Do you have any plans to merge the 2 companies?
No, two reasons: VMCS and other licensees are players in the MIS and so a lot of intelligence they have comes from practicing medicine. VSHC is a science company dealing with pharmaceuticals, drugstores. It is the technology-based arm. It's better the 2 companies remain apart to focus on their specialties.
If we thought it would create value, we could merge with 3 or 4 partners but that is not [unintelligible].
Does any revenue transfer between the companies?
No.
Is the other company using your proprietary information? Yes, but it's paid for with shares.
Another question about awareness
We always get the question. A hopeful attitude that we if hired a firm to get the word out, it would have a positive impact on the development of the company. We have thousands of investors in 6 countries, our business is mature, and we have relationships with the biggest companies in the US. One thing I can tell you, as one of our developments achieves a critical level, one of our big partners will handle the communications [public relations]. This will be a big test of our company. Remember, we are in a severe recession. The questions that drive us are: Are we getting new users and are we getting revenue?
Long-term the market is a value machine.
Where we are lucky is that we have a better future in the market than a brick-and-mortar.
We're way undervalued. We were valued at $9 in 2001 when the US gov. released a report that stuff like ours was needed [to automate the medical field].
Right now, we are projecting 50-60% topline growth. No red ink.
As the company becomes more profitable, will you help the shareholders? Reducing shares? Dividend?
Very good question. You generate tremendous cahsflow in technology when you're successful. It is more efficient, esp. taxwise, to do a stock repurchase. Short-term plans require short-term cash. If we were to get a sig. amt of rev in the next qtr, at the price level with the stock is, it will be very tempting to make a stock buyback.
Any intentions to move off the Pinksheets?
OTC Markets has created a good market for companies like ours to report and communicate who otherwise couldn't afford NASDAQ. We will consider NASDAQ if the cost... We handle Sarbanes-Oxley...The other costs are the insurance for your directors which runs into hundreds of thousands of dollars. To be on the bulletin board these days costs ten times what it used to ten years ago. Inflation.
Circumstances have changed and we will benefit. 50% growth projection is on a conservative basis.
Growth will continue for most of the coming decade because of unfulfilled need.
There's a million labs around the world that are scribbling on paper. If we were to capture 1% of the research in these labs and not even charge a lot of money, that will be a new revenue stream without any costs attached.
No, and that's why their status on OTCmarkets.com is "Limited Info."
Q2 Report was due Feb. 14th. and Q3 is due May 15th.
Companies get 45 days to post their Q1, Q2, and Q3 quarterly reports and get 90 days to post their yearend annual report.
VSHC
Stickied. They go over everything that a good DD session would reveal. Worth a listen even if you think you know everything about the co.
What's important is that last year this company was just becoming profitable. Today, our primary licensee (our subsidiary for all intents and purposes) is in a partnership that includes Verizon. If that's not validation of a viable product, I don't know what will satisfy.
The fact that we're holding above the moving daily averages is important, too. We could break out of this trench we've been in since last year.
VSHC
It's the nature of the business. VSHC deals with hospitals, medical offices, etc. The last half of the year (company's first fiscal qtr) is not the time when these businesses are spending big money for contracts.
VSHC
The colors signify how far away from the current bid ask those MMs are.
At a quick glance, they indicate how much buying or selling pressure there is.
Once VSHC starts getting more volume, you'll see multiple MMs with the same color as the bids and asks start moving.