Toron, Inc recognizes the tremendous opportunities present in the healthcare space. Zion research recently estimated “global demand for home healthcare market was valued at USD 228.90 billion in 2015 and is expected to generate revenue of USD 391.41 billion by 2021, growing at a CAGR of 9.40% between 2016 and 2021.”
Toron, Inc targets the acquisition of additional healthcare focused companies which present excellent shareholder value. Its management has over thirty years combined experience in the healthcare space and it well positioned to identify and rapidly execute its acquisition plans.
Toron, Inc intends to operate its business to maximize shareholder value and its management will ensure complete transparency in business operations. In today’s public market confidence is the key ingredient. Management will maintain communication of its operations and future acquisitions, mergers and results from its operations. Toron, Inc (The Company), is engaged in the acquisition and development of healthcare companies for the healthcare supplies and healthcare equipment markets. Management has been engaged in the healthcare technologies and will continue to develop additional markets through healthcare IT and other related entities.
TUCSON, Ariz., Oct. 23, 2018 /PRNewswire/ -- Toron, Inc. (OTC Pink: TRON) provides its stockholders today with a corporate status regarding corporate actions.
"After our long and difficult road to finalize the complex documentation for the acquisition of The InMed Group, such was completed on October 10, 2018. Our acquisition was extremely complex given that we were acquiring numerous operating entities in 2 states and ensuring that all required permits and licenses remained intact. Our partner, Flagship Properties, has stood by our side during this process and we look forward to working with Flagship in the future," stated Rene Ortiz Morentin, Toron's Chief Executive Officer.
Under the terms of the transaction, Pantheon Partners SRL has agreed to transfer 100 Million shares of Toron, Inc. stock to Flagship Properties, LLC, and 100 Million shares of Toron, Inc. stock to InMed Group.
"Our transition team is poised to add efficiencies to the operations of The InMed Group to strengthen and grow cash flow. Moreover, we are negotiating with several financial institutions to provide Toron with a substantial operating line of credit to further add efficiencies for InMed operations and facilitate Toron's continued growth," further added Ortiz Morentin.
We are pleased to announce that Brad Eisemann, InMed's Chief Operating Officer, will be joining the Toron Board of Directors along with Rene Ortiz Morentin and Patrick Ryan. Mr. Eisemann has been with InMed for the past 15 years and has been key in developing and implementing new strategic revenue sources, creating sustainable change within healthcare facilities; enhancing medical management practices, and creating, evaluating and implementing strategically sound M&A opportunities. Mr. Eisemann has more than 10 years of experience as a Chief Executive Officer of healthcare facilities including hospitals and assisted living facilities. Mr. Eisemann served over 20 years in the U.S. Air Force and retired with honors as a Master Sergeant. Mr. Eisemann holds Bachelor of Science in Finance from Hawaii Pacific University in Honolulu, Hawaii.
"We will be finalizing our new board members in late November," stated Ortiz Morentin.
About Toron, Inc.
Toron, Inc. is an innovative disruptive healthcare technology company located in Tucson, Arizona. The Company's objectives are twofold: (1) focused upon integrating access to electronic data interfaces for healthcare providers and payer systems in a user-friendly manner by providing ease of use for patients by simplifying their check-in registration process; and (2) acquisition of healthcare facilities, critical care units, and senior care facilities. http://www.toronic.com and http://www.imedscan.com
About InMed Group, Inc.
InMed is a privately held corporation which has been in business since 1994. The company operates three (3) hospitals located in Alabama and Georgia. Additionally, the company owns and operates eight (8) adult assisted living facilities. http://www.inmedgroup.com; http://www.bullockcountyhospital.com; http://www.crenshawcommunityhospital.com; and http://mountainlakesmedicalcenter.com
TRON INSIGHT AND DD as presented: