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RTIN Holdings, Inc. Announces September Earnings
Friday November 15, 10:40 am ET
LONGVIEW, Texas, Nov. 15 /PRNewswire-FirstCall/ -- RTIN Holdings (OTC Bulletin Board: RTNH - News), announced today that the Company had generated revenue for the 9 months ended September 30, 2002 of $4,698,865 and earnings for the same period of $3,100,010 or $.34 per share, fully diluted. The majority of the revenue during the period was a result of territory license rights sales for the Company's Safescript Pharmacy and Safe Med Systems models. The Company believes the continuing revenue from future license fees, as well as significant increased revenue from Company owned pharmacy units, will result in sustained growth in future periods. The Company had total assets of $5,021,343 and shareholders equity of $3,277,071 or $.36 per share, fully diluted. Due to collection of notes and accounts receivables, the Companies cash balance increased to $123,750 as of 11/1/2002. For additional information you can view the Company's 10-QSB at http://www.sec.gov/cgi-bin/srch- edgar?text=RTIN+Holdings&first=1993&last=2002&mode=Simple .
Happy Investing!
KZAP
KICKIN ACE TODAY !!!!
This is how a stock should perform!!!! Out of the pennies forever ....
YEEE HAWWW!!!!!
Harley
Markets Futures Funds Signals Sectors Custom Support
Enter Symbol:
RTNH - RTIN HOLDINGS (OTCBB)
Date Open High Low Last Change Volume % Change
11/07/02 0.75 0.79 0.74 0.74 +0.01 72400 +1.37 %
Composite Indicator
Trend Spotter (TM) Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 57530
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 49728
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 40120
Overall Average: 88% - Buy
Price Support Pivot Point Resistance
0.74 0.71 0.76 0.81
Happy Investing!
KZAP
Longview, TX - November 7, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that it has filed for its international patent for the technology and business systems. This application starts the process for protection of the invention in countries that are signatories of the Patent Cooperation Treaty. The Company plans to aggressively pursue this patent and is exploring potential for expansion utilizing the systems both domestically and outside the United States.
David Lee, President Safe Med Systems stated, "We remain committed to securing our place in the market both domestically and abroad. The problem associated with the thousands of deaths and injuries each year caused by prescription related errors is not isolated here in our country. We desire to see this system being utilized throughout the United States and the world."
Curtis A. Swanson, President of RTIN Holdings, Inc. stated, "In keeping with our objective of continuing to build shareholder value, the management of the Company deemed it a strategic move to move forward with these international patent applications and position ourselves for international expansion."
Safe Med Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. Safescript Pharmacies, Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the Safe Med Systems technology. For additional information please visit our website at www.rtinholdings.com and www.safemedinc.com .
Contact: Thomas Aigner at tomaigner@rtinholdings.com or by telephone at 903-557-1543.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Other risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Reports on Form 10-QSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks and uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.
Happy Investing!
KZAP
Longview, TX - November 5, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that its wholly owned subsidiary Safe Med Systems, Inc. has released a new version of the ZipScript wireless scripting product.
David Lee, President Safe Med Systems stated, "This is the first of many new versions which will provide the doctors, our preferred pharmacy provider (Safescript Pharmacy), and our market partners more flexibility and features. In developing this new version we focused on the usability of the system for the doctors. As the number of doctors on the system continues to grow and we learn more and more about what their unique needs are, we have been capturing the function while maintaining the global vision for the product."
Dr. Kenneth Reesor an orthopedic surgeon utilizing the systems stated, "I am very pleased with the Safe Med Systems technology and Safescript Pharmacy. These tools help me practice safe medicine more efficiently. The Safe Med System is rapidly offering more support, more options, and more benefits. This combined package is a tool that I now do not want to be without."
David Lee, President of Safe Med Systems went on to say, "One of the true benefits of the system is found in the refill process. We have two centers now operating which process refills for the doctors. This new update allows us the ability to process thousands of refills a day. Even though this is an interim solution to our final product it is a very significant step. As each doctor is established our refill requests increase materially, therefore our ability to grow with each new doctor must be simple and efficient. I view this new version as the stepping stone to accomplish this goal."
Curtis A. Swanson, President of RTIN Holdings, Inc. stated, "We are very pleased with the effort that Mr. Lee and his team have put forth in developing this new version of ZipScript. The ease of use and efficiency associated with the new version provides our corporate and market partner stores with the ability to grow at a rapid pace and maintain superior service for the doctor as well as their patients. We continue to look forward to many new developments which are on the horizon."
Safe Med Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. Safescript Pharmacies, Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the Safe Med Systems technology. For additional information please visit our website at www.rtinholdings.com
Contact: Thomas Aigner at tomaigner@rtinholdings.com or by telephone at 903-557-1543.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Other risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Reports on Form 10-QSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks and uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.
Happy Investing!
KZAP
Longview, TX - October 29, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that it has entered into an employment agreement with Tim Hayes to take over the helm as president of Safescript Pharmacies, Inc. a wholly owned subsidiary of the company. Mr. Hayes will be responsible for all operational plans and implementation of the Safescript Pharmacies division, including corporate owned pharmacy development as well as market partner pharmacy development. Mr. Hayes brings over 40 years experience in the pharmacy industry with him to the position. Mr. Hayes has owned and operated over 12 pharmacies as well as an ambulance company and other industry related positions. Mr. Hayes will be replacing Curtis Swanson in this position who has been serving dual roles as president of the parent company as well as Safescript Pharmacies. Mr. Swanson will remain in his role as president and chief operating officer of RTIN Holdings, Inc.
Curtis A. Swanson, President & Chief Operating Officer of RTIN Holdings stated, "This is a tremendous day for all of us here at RTIN Holdings, Inc. We have worked hard to position the company in a manner which would allow us to bring on someone with Mr. Hayes credentials and experience. Mr. Hayes brings so much to the table in the way of industry experience and relationships and will have a very positive impact on the entire organization." Mr. Swanson further stated, "In addition to the positive impact this will have on our Safescript Pharmacies and market partners, this will also free me up to devote more time to the development of our shareholder value in the market and to rekindle relationships in the investment community to bring exposure back to this tremendous business model."
Tim Hayes, President of Safescript Pharmacies, Inc. stated, "I am very excited to be a part of this organization which has so much to offer to the pharmaceutical industry. Electronic prescribing has been on the horizon for pharmacy and Medicaid for several years. Safe Med Systems, Inc. working with Safescript Pharmacies, Inc as its preferred pharmacy provider is bringing this technology to the marketplace. Our stores are in operation now and are extremely successful." Mr. Hayes went on to say, "The application of this technology in medicine and pharmacy have incredible potential!"
Stanley L. Swanson, CEO of RTIN Holdings, Inc. stated, "We are honored to have someone with Mr. Hayes background to now head up our pharmacy division. This is another move in the right direction for the company and our shareholders. We remain committed to building shareholder value in a manner which will create long lasting and consistent growth for years to come."
Safe Med Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. Safescript Pharmacies, Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the Safe Med Systems technology. For additional information please visit our website at www.rtinholdings.com
Contact: Thomas Aigner at tomaigner@rtinholdings.com or by telephone at 903-557-1543.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Other risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Reports on Form 10-QSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks and uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.
Happy Investing!
KZAP
Longview, TX - October 29, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that collectively with its' subsidiaries, "Safe Med Systems Inc.T" and "Safescript Pharmacies Inc.T", the company has entered into an Expansion Agreement with Safescript Pharmacies of Kentucky, Inc., for the purchase price of $957,000 to open and operate Safescript Pharmacies utilizing the Safe Med Systems technology in the markets of Ohio, Indiana, and Michigan, as well as additional markets in Kentucky and West Virginia. In addition to the up front fees RTIN Holdings, Inc. will receive a license fee of $20,000 for each Safescript Pharmacy opened and an ongoing licensing payment of 4% of gross sales. Safescript Pharmacies of Kentucky has completed its obligations under the previous territorial license agreement and contributed an additional compensation towards the expansion rights.
Curtis A. Swanson, President & Chief Operating Officer of RTIN Holdings stated, "In light of the fact that Safescript Pharmacies of Kentucky, Inc. has completed the payment of the purchase price for their initial territory and have demonstrated the resources necessary to purchase these additional markets, the Company felt it was in the best interest of all parties to move forward with the Expansion Agreement." Mr. Swanson further stated "We continue to hold fast to our business model of growing the Safescript Pharmacy concept nationally through the growth of Company owned stores as well as utilization of strategic market partnerships throughout the country and abroad."
Kent Freeman, President and CEO of Safescript Pharmacies of Kentucky, Inc. stated, "We plan to aggressively pursue opening of additional markets in our area. Our goal is to provide our customers with the best service available while at the same time adding value to the investment of our shareholders." Mr. Freeman further stated, "Although we are yet to open the first pharmacy we have been diligently working to bring the Huntington, West Virginia Safescript on line as soon as possible. It is very important to us to get the first pharmacy on line as quickly as possible and operating smoothly from the start. Therefore we are progressing carefully and methodically to insure the companies' success. Mr. Freeman went on to say, "Behind the scene a lot of work has already been accomplished and we have an excellent group of professionals working in the companies best interest. Our investors are as excited as I am about the future of Safescript."
Stanley L. Swanson, CEO of RTIN Holdings, Inc. stated, "Our Company remains committed to implementing this business model for the purpose of increasing shareholder value while at the same time working to eliminate the deaths, injuries, and billions of dollars in costs, associated with prescription related errors." Mr. Stanley Swanson further stated, "We are very excited about this expansion by Safescript Pharmacies of Kentucky, Inc. and are devoted to the success of Mr. Freeman and his company and investors as well as all our market partners throughout the United States."
Safe Med Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. Safescript Pharmacies, Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the Safe Med Systems technology. For additional information please visit our website at www.rtinholdings.com
Contact: Thomas Aigner at tomaigner@rtinholdings.com or by telephone at 903-557-1543.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Other risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Reports on Form 10-QSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks and uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.
Happy Investing!
KZAP
Patrick, where are you? More News!
http://biz.yahoo.com/prnews/020520/dam036_1.html
Looking better all the time! ;o)
Happy Investing!
KZAP
SafeScript Pharmacy coming to Huntington.......
http://www.herald-dispatch.com/2002/May/16/BUlist3.htm
Hopefully we'll be seeing many of these type of news articles!
Happy Investing!
KZAP
YES IT IS
Very good news !!!!
I hope we can continue the upward movement from here on out.
H
10K filed yesterday!
That's the good news! :o)
Happy Investing!
KZAP
IMO, the company needs to do some heavy promoting of this stock. For the time being it appears the execution of the business plan is not enough! The track record of the company is killing us. I truly do not know the answer. In my mind we are EXTREMELY undervalued.
Well we can look at it like this PO ....
I hope they sell the $hit out of them shares and get the Hell out of our lives. As long as they keep dumping we will never get ahead ...... maybe if they sell out we can move up some.
H
It looks like it will be a long time, if ever, until we can even break even. The bid has dropped into the mid 30's and another round of preferred are about to arrive.
No different than yourself
My friend !!!
H
Harley... The company should be thankful for share holders like yourself. You sure define the meaning of Long and Strong!!!
Po ..... my ave is 1.05 now with the buying this week. I am not sellin any ....... as long as I can pay my bills. I have 35K common coming ..... but not is sight yet ...... but they will not be sold as long as I can eat !!!!
H
It looks like $5 will takes months! They do not expect to show decent revenue until the 4th quarter. This could turn into yet another year or two wait.
What is going to happen in a couple weeks when the next round of preferred hits the market?
As far as I know everything is ok and moving forward. Share
price sucks unless you're adding to your position. I added to
my position this week. We could use some big buyers. I won't
be satisfied until we're back over $5. Think about it, that
would be a 10 bagger from here. (wow)
Happy Investing!
KZAP
You guys are makin me nervous ....
Is something wrong besides the PPS ???? We should get a boost Monday ...... I hope !!!
H
I'll take $25 on the pink sheets as long as I can unload!!
Ah come on! We don't want to be trading at $25 on the OTC! lol
Happy Investing!
KZAP
I hear they are considering a 50 to 1 RS. Maybe that will jump start us!
No Kzap, that did not work either. We need more news it appears:0(
How about another PR, maybe this will help!
RTIN Holdings has released the following press release. More information may be found at www.rtinholdings.com
Longview, TX - April 5, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that Safescript Pharmacies, Inc. T has officially scheduled the opening of the Longview Pharmacy for April 15, 2002. The licensing requirements and build out have been completed for the location. This expansion into Longview, Texas is the first of an expeditious roll out schedule of pharmacies which will be utilizing the Safe Med Systems, Inc. T technology. SAFE MED SYSTEMSä permits physicians to answer there prescription writing challenges with a hand-held prescription unit using state-of-the-art hardware that is loaded with the easy-to-use, patent-pending prescription software and utilizes secure, broadband, wireless technology.
Curtis A. Swanson, President & Chief Operating Officer of RTIN Holdings stated, "It is encouraging to now be moving forward with our expansion of the Safescript Pharmacy model. We have seven physicians coming on line in the Longview market to utilize the Safe Med Systems technology. Longview is the first of 19 company owned pharmacies scheduled to open in 2002 with Tyler Texas, Texarkana Texas, Shreveport and Bossier City Louisiana as our next four locations."
David Lee, President & COO of Safe Med Systems Stated; "I am very pleased with the way all parties are collectively working together to duplicate the technology in Texas. We are on schedule with our expectations post separation and are on target to service the pharmacy and physicians that are coming on line in Longview."
SafeMed Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. SafeScript Pharmacies Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the SafeMed Systems technology. Because pain management specialists and their patients have been under-served by the pharmacy industry and annual expenditures for pain management is approaching $100 billion in the U.S. (and is expected to grow), the companies are initially targeting physicians who frequently treat chronic pain. For additional information on both SafeMed Systems Inc. T and Safescript Pharmacies Inc. T see our web site at www.rtinholdings.com
RTIN Holdings, Inc., is a public holding company whose stock trades on the fully reporting NASD OTC BB.
Contact: Thomas M. Aigner / Director of Investor Relations tomaigner@rtinholdings.com or by telephone at 817-788-9716
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. The most important factors that may cause actual results to differ from expectations are the speed with which the Company is able to open pharmacy locations, the ability of the Company to obtain acceptance of the ZipScript by doctors and patients, the availability of the necessary capital for start-up costs and the risk of competitive technology innovations. Other risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commiss!
io!
n. Such forward-looking Statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
Happy Investing!
KZAP
What is the plan now? We release a blockbuster PR, IMO, and we are barely maintaining the price. Nobody is willing to buy. Does not make sense to me!
RTIN Holdings has released the following press release. More information may be found at www.rtinholdings.com
Longview, TX - March 26, 2002 RTIN Holdings (NASD OTC BB: RTNH), announced today that RTIN Holdings, Inc. collectively with its' subsidiaries, "Safe Med Systems Inc.T" and "Safescript Pharmacies Inc.T", entered into a License Agreement with RxSystems, Inc.., a Nevada Corporation, for the purchase price of $5 million to open and operate "Safescript Pharmacies Inc." utilizing the "Safe Med Systems Inc. T" technology in their west coast markets. In this agreement RTIN Holdings, Inc. will receive $500,000.00 in cash and $4.5 million of RxSystems, Inc. convertible preferred stock along with $20,000.00 for each new pharmacy opening and a 4% royalty on gross revenue. For a more in depth look at the markets in which the company is expanding and or selling licenses go to www.rtinholdings.com/cmsa.htm
Curtis A. Swanson, President & Chief Operating Officer of RTIN Holdings stated, "This transaction is the first of three planned synergistic partnerships designed to keep RTIN's Safescript Pharmacies, 'the first to market', in all their geographical market places. Licensee agreements allow the company to rapidly rollout in multiple markets simultaneously and capture a revenue stream that otherwise could be lost to outside competition. Other benefits of this market strategy include the non-dilutive generation of capital, and a significant equity stake in the like company, which will create additional value for our shareholders. This license agreement is part of our strategy to meet or exceed the original projections of the business plan, as well as facilitate an efficient national expansion over the shortest time period."
David Parker, CEO of RxSystems, Inc. stated," We are extremely excited to have secured our License Agreement with RTIN Holdings Inc. The opportunity to exploit a single variable proven business model in major markets is indeed extraordinary. We were fortunate to obtain markets geographically concentrated on the west coast with a population density exceeding 38 million people. Ultimately a market of this size should yield upwards of 150 pharmacies. Therefore it is our plan to rollout immediately and aggressively to establish the Safescript Pharmacies brand up and down the west coast from Seattle to San Diego."
David Lee, President of Safe Med Systems, Inc. stated, "This is a tremendous opportunity for us to expand the Safe Med Systems database and doctor pool. In addition to programs we are negotiating with other pharmaceutical companies, this transaction allows us to expand the Safe Med Systems technology more rapidly and gain market share for this exciting system."
Safe Med Systems, Inc. T is a medical communications/technology company that provides state-of-the-art, hand-held prescription units loaded with patent-pending software and secure, broadband wireless technology. Safescript Pharmacies Inc. T is the preferred retail pharmacy provider that specializes in filling prescriptions generated by the Safe Med Systems technology. Because pain management specialists and their patients have been under-served by the pharmacy industry and annual expenditures for pain management is approaching $100 billion in the U.S. (and is expected to grow), the companies are initially targeting physicians who frequently treat chronic pain. For additional information on both Safe Med Systems Inc. T and Safescript Pharmacies Inc. T see our web site at www.rtinholdings.com
RTIN Holdings, Inc. is a public holding company whose stock trades on the fully reporting NASD OTC BB.
Contact: Thomas M. Aigner / Director of Investor Relations tomaigner@rtinholdings.com or by telephone at 817-788-9716
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. The most important factors that may cause actual results to differ from expectations are the speed with which the Company is able to install the MedEx/Pegasus business system into the Safe Med and Safescript business system, the speed with which the Company is able to open pharmacy locations, the ability of the Company to obtain acceptance of the ZipScript by doctors and patients, the availability of the necessary capital for start-up costs and the risk of competitive technology innovations. Other risk factors are l!
is!
ted in the most recent Annual Report on Form 10-KSB and Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission. Such forward-looking Statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
Happy Investing!
KZAP
Lookin Good :)
Hello there Patrick!
I've not been a good board "chairman" have I? -gg-
Looking for some news from the company. (and some interest
in the stock)
Happy Investing!
KZAP
(if you happen to see Harley, tell him I made some changes)
Happy Investing!
KZAP
Things are looking pretty good right now. I talked to somebody that knows we will be on the AMEX by no later than the first week in March. I can't wait to see those shorters squirm and cough up some cash. Two weeks or so to go. We are almost there.
Catch everyone on the Bull. Later.
Patrick
KZAP: You wouldn't have any idea who the "Chairman of the Board" is would you??? Hmmmmmmmmm? I'm referring to the Email subscribition to which I believe I am already subscribed but was unaware it was coming from the COB.
COB...hmmmmm....If the chairman would include a little humor in the next release we could refer to him as the "Corn COB"
Sorry...just a little too quite around here.
Great idea KZAP!!! You can never have too many BB's when you are talking about RTNH.
Patrick
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