Good Morning SOLI!

Let's have a great week here!

The thing with TDO*C is they are paying big bucks for acquisitions. The one they are currently doing they are paying $600 million for $80 million in revenue.
It is going to be a long time before they are profitable.
I will bet CareClix is profitable first.

If I were a doctor I would love telemedicine. Your not exposed, can work from home, and can have very flexible hrs..

Dr.Korangy is really working 24 x 7.

CareClix is everywhere.

I can't wait to see the Q1 & Q2 results.
The revenue growth must be off the charts.

When you have done complete DD, read every filing, read every PR, read every article about the company and the telemedicine industry, see how management has completed task after task, you can say you know what you own.

We know what we own.

CareClix for the win!

When partial information is posted you can spin it anyway you want to.

I am sure that management knows their cost structure and takes that into account when setting up each deal.

We the public only know general information and management keeps their cards close to the vest for competitive reasons ( sales people don't tell customer A what deal they gave customer B because ).

Yes we know that things are getting handled properly.

And when you see other audited companies handling it the same why there aren't any concerns

Yes this is just the beginning.

Have a great weekend all!!

was16 Member Level Friday, 04/03/20 03:18:39 PM
Re: Neophius post# 41770 50.000
Post #
41776
of 41828
Form 4 requirement says:

Quote:
Form 4 is required to be filed by a company when there is a change in the holdings of company insiders. This filing is related to Form 3 and Form 5, which also cover changes to the company insider holdings.Apr 14, 2019


The key point in the requirement is "change in holdings".
If new shares are issued no Form 4 is required and it will be disclosed in the subsequent filing.

The shares given out are "new shares" so there isn't any change in ownership/control.

If you will to look at the filings of ARGQ they also gave new shares to their management in lieu of salary and didn't need to file a form 4.
The disclosure was made in the subsequent Q.

You totally ignore the fact that other audited companies handled it the same way as SOLI. I posted the example.

End of story.

It appears that SOLI management knows a lot more than people give them credit for.

They have accomplished everything that they were told they could never do.

Can you read the word "change"?
There wasn't a change.
These are new shares and I showed how another company handled it the same as SOLI.

Form 4 requirement says:

I agree. It might take a little longer given the shut down/slow down with businesses

Is that a bear walking a dog?
Better watch the dog so you don't get a summons!

Yes, when they announce they have engaged a top 5 wall street firm look out!

The good ole shows!

Many times you youngster!!

When we change to CLXH will it be:

CLXH Capable
CLXH Celebrate
CLXH Confident
CLXH Courageous
CLXH Cheer

LOL!

Is anyone here concerned that the company:

-raised funds for the acquisition
-located a MM to submit the form 211
-got the form 211 accepted to get off the greys
-got the CE removed
-inked huge revenue generating deals: MAXIS, Trapollo, Chile, CoreChoice Network.
-Completed SOC 2 Type 1 Audit Certification
-setup a professional CareClix website
-added very experienced board members (three of them Independent Directors) -filed for a Name & Symbol change to CareClix Holdings, Inc.

We know from all the CareClix deals, articles about companies using CareClix, TV interviews, etc. that CareClix business is booming.

In their 8K they explained the reason for the delay in the 10K...all of their effort is focused on serving clients.

So I am not concerned at all for the delay. In fact I am excited to hear how busy they are.

Registrant’s primary business operations, through its wholly-owned subsidiary CareClix, Inc., is providing telemedicine services to health providers, to individuals and to other persons and groups. As a direct result of the COVID-19 pandemic in the United States, the demand for telemedicine services such as those provided by CareClix, Inc. has expanded exponentially and has nearly overwhelmed the ability of Registrant to meet that demand while still providing quality telemedicine services to its customer base. The recent decision to expand Medicare to include reimbursement for telemedicine services has accelerated that demand.



Management and staff of Registrant have been working tirelessly to meet that demand and have minimal remaining capacity to undertake the work necessary to complete the audit of its financial affairs and to complete and file the Form 10-K for the year ended December 31, 2019 on a timely basis;

Thanks again DTGoody!!

There is a lot of news to keep up with on CareClix!!

I think some are still waiting for the pro-forma financials and the 2 years of audited financials.

Yes lots of unanswered questions?

If you are not aware Dr. Korangy is the CEO of CareClix ( a wholly owned subsidiary of Solei Systems, Inc. )

Does the CEO of Whole Foods (a wholly owned subsidiary of Amazon) say he works for Whole Foods or Amazon? I am sure he says he works for Whole Foods.

Dr. Korangy is everywhere. I don't think he sleeps. He is really working hard to build CareClix.

If you look at the chart we have run from the $.30 area on 3/13 to over $1 yesterday. So they are trying to shake the trees ( weak hands ) to see what they can get. Always happens when a ticker moves some much, so fast.

The last report was:

Short Selling Data
Short Interest
38,319
(466.01%)
03/13/2020

But we have very high volume since then.

Yes shorts need to cover with a symbol change.

CareClix Expansion to Latin America: Announcing CareClix Chile
Press Release | 03/04/2020
ALEXANDRIA, VA / ACCESSWIRE / March 4, 2020 / Solei Systems, Inc. (OTC PINK:SOLI) announces that CareClix, Inc., an industry leader in telemedicine is expanding its operations into Chile. "CareClix Chile" represents the company's expansion into Chile through formal agreements with local companies designed to serve both public and private healthcare sectors in Chile. The company announced today the signing of a formal agreement with MC2 SALUD - HEALTHCARE ADVISERS. CareClix continues to expand through strategic partnerships with local partners and providers to expand within carefully selected markets.

"Chile leads the LatAm region in mobile device ownership and internet speeds. This represents a critical factor for rapid telemedicine adoption. Chile also has a well-developed private healthcare system with top regional clinics and highly respected medical professionals who supplement a strong nationwide network of public hospitals. Combined, we believe this represents a high growth environment for telemedicine", said Josh Flood, President of CareClix.

CareClix specializes in empowering medical providers through robust telemedicine software and access to

its extensive US physician and medical specialists' network. Working with MC2 SALUD's existing Chilean medical provider network for primary and specialists care visits, CareClix Chile offers significant potential to improve the population's access to quality treatment in real-time. This strategic expansion into Chile can provide potentially thousands of Chilean medical professionals the power of CareClix telemedicine to improve care outcomes and patient satisfaction.

Rafael Caviedes, co-founder and partner of MC2 SALUD - HEALTHCARE ADVISERS said, "I am thrilled to work with CareClix in Chile to introduce the next evolution of virtual healthcare to the population as a whole, i.e. creating access to quality specialist attention even in the country's remotest regions. Telemedicine is the best way, in my view, to deliver the highest possible quality of virtual care." Rafael's partner and co-founder, Jonathan Callund, also commented, "CareClix has the proven track record and a Spanish-language solution needed. I expect to have a great impact on both the private and public healthcare sectors in Chile and possibly other markets in LatAm."

About CareClix, Inc.

CareClix is a leading telemedicine solutions firm that provides software applications and a multispecialty medical network to a wide variety of health care services stakeholders. CareClix's suite of services is revolutionizing the way hospitals, doctors, and clinical care providers can interact with an increasing number of patients. CareClix Inc. is a wholly-owned subsidiary of Solei Systems Inc. (OTCPINK:SOLI). Learn more about CareClix by visiting our website: www.careclix.com.

About MC2 SALUD - HEALTHCARE ADVISERS

MC2 SALUD has been set up to provide technology solutions to the Chilean private and public health sector. Hitherto, Rafael Caviedes was Director of FONASA (the National Health Fund) and until recently President of the ASOCIACIÓN DE ISAPRES, the private healthcare sector delivering insured programs to over 3 million Chileans. Jonathan Callund, with 30+ years as a leader in the development of employee benefits in Chile, has a career in healthcare and pensions, working with multinationals and providers throughout Latin America. He has also held positions in AIG and IFC/World Bank, developing corporate and retail business in the region.

About Solei

Solei Systems, Inc. is a fully reporting, fully audited public holding company in the health and wellness field with its primary focus on telemedicine. Currently, Solei Systems, Inc is comprised of two wholly-owned subsidiaries: CareClix, Inc. and Clinical & Herbal Innovations, Inc: www.soleihealth.com

There isn't anyone here that has that concern.
We know that management knows what they are doing and have done everything by the book.

Nice CareClix retweet of the PrimeHealthServices tweet

https://twitter.com/PrimePPO/status/1245764315355000832

And we know that CareClix is certified:

CareClix Announces Completion of SOC 2 Type I Audit Certification
Press Release | 12/05/2019
ALEXANDRIA, VA / ACCESSWIRE / December 5, 2019 / CareClix, Inc. a wholly owned subsidiary of Solei Systems, Inc. (OTC PINK:SOLI) is pleased to announce, effective November 4th, 2019 it has received the American Institute of Certified Public Accountants (AICPA) Service Organization Control 2 (SOC 2) report. The audit conducted by Schellman & Company, LLC found that CareClix meets the SOC 2 standards for security and availability trust services principles with zero exceptions listed.

This report provides detailed compliance to AICPA policies and controls relevant to Security, Availability, Processing Integrity, Confidentiality, and Privacy of data. The certification further reinforces CareClix's leading position on compliance and security within the telemedicine industry. CareClix is HIPAA and HITECH compliant, providing the upmost care in health information privacy.

"In the growing world of telemedicine few things are more important than security and compliance. Our company's tight control over security is critical to all of our clients. From large pharmaceutical companies, corrections health care systems, and multinational companies for their employees and families, to the small doctor's offices and local school system health partners, our clients know they can trust us to offer custom telemedicine solutions that are both secure and innovative." - Josh Flood, President of CareClix

SOC 2 reports are attestation reports that examine controls at a service organization relevant to the security, availability, or processing integrity of a system (security, availability, and/or processing integrity principles) or the confidentiality or privacy of the information processed for the user entities (confidentiality or privacy principles). SOC 2 reports demonstrate a company's ability to not only implement critical security policies but also prove compliance over an extended period of time.

"As telemedicine continues its meteoric ascent into the main stream, CareClix is attracting more and more partners who are sure to appreciate our certified, excellent, compliance standards and best in class internal security practices. All of which constitutes yet another essential brick in the solid foundation we are committed to building in order to take full advantage of the huge growth opportunities coming in 2020 and beyond." - Dr. S. John Korangy, CEO of CareClix

CareClix, Inc. will perform the SOC 2 Type I audit on an annual basis and can make the report available to current or potential customers upon execution of a non-disclosure agreement. If you are interested in viewing CareClix's recent SOC 2 Type I report, please contact us at info@CareClix.com.

Nice new CareClix tweet


https://twitter.com/CareClix/status/1245784433220870146

Thanks for keeping the IBOX up to date!!

What crap are you talking about?

You said "pro forma" financials were required for the acquisition...you were wrong

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150829084&txt2find=pro|forma

You said " audited financials of KB Medical where required".. you were wrong.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152195362&txt2find=audited|financials

And now you are wrong about what is required here.

You know I will be right here!!

Exactly! They have the right team of lawyers and accountants and do everything by the book.

No worries here and I have held this stock since Oct. 2017 and have done all the DD I needed to do ( and I still continue to verify things and there are not red flags for me).

Yes, the company has delivered on every task.
-raised funds for the acquisition
-located a MM to submit the form 211
-got the form 211 accepted to get off the greys
-got the CE removed
-inked huge revenue generating deals: MAXIS, Trapollo, Chile, CoreChoice Network.
-Completed SOC 2 Type 1 Audit Certification
-etc.