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Interesting activity this AM. Could this lead to some momentum?
Article in Wallstreetcorner.com from July by Larry Oakley
http://www.wallstreetcorner.com/new_lop.html
Current Opinion:
Date Posted: 07/23/09
Connectyx Technologies Holdings Group, Inc. (Other OTC: CTYX)
I interviewed CEO Ronn Schuman on Tuesday, 7/21/2009. It’s always a pleasure to interview a CEO who is enthusiastic about his products & his company’s potential, especially in this unusual economic climate. I agree with his enthusiasm, because he has unique consumer products that I believe have a very substantial market.
What CTYX Is & Does
CTYX provides products in the healthcare market, including its Personal Health Record, MedFlash ™, an easy to use Personal Health and Lifestyle Record & Portal that is USB flash drive enabled. Schuman’s goal is to reach 1.2 million members by the end of 2011 through continually expanding his company’s distribution channels & targeting key acquisitions in the second half of 2009. I asked him the price of MedFlash™ – he said it’s very affordable at $29 to $30 for the first year & about $19 for sequential years.
MedFlash™
MedFlash contains an emergency flash drive with a Web portal and 24/7 emergency call center access, which contains the owner's complete medical & key related information. Stored information on the MedFlash can be accessed on any computer, securely with complete privacy for the members.
Why CTYX’s Timing is So Good
CTYX’s strategies for the storage & communication of electronic personal health records (EPHR), through its MedFlash™ & another product, MedSync™, falls in line with the government’s plan to make investments to ensure, within five years, that all of America's medical records are computerized. The government’s plan is to invest in health information technology, prevention, & care coordination, which will help reduce health care costs by $2,500 for a typical family. The Economic Stimulus Plan, for example, urges all U.S. residents to maintain their own electronic health records, which will not only save billions through cutting waste & eliminating the need to repeat medical tests, but that it also will save lives by reducing medical errors.
Industry leaders are vowing to reduce the rate of projected growth in health care costs by 1.5% per year over the next 10 years, for a total savings of $2 trillion. My opinion: Regardless of whether the federal government does what it plans, I believe that the idea of U.S. residents maintaining their own medical records will certainly catch on & grow. When we moved a couple of weeks ago from Western NC to this area near Hilton Head Island, SC, it would have been very handy to just be able to send an email to our local doctor here with the information we would have had on our MedFlash™.
CTYX’s Progress
CTYX is completing its 6th month of operations for Fiscal Year 2009 and Schuman says he is pleased to announce continued growth in new sales opportunities & market expansion of the company’s EPHR – MedFlash™.
He commented: “We have added staff & now employ five full time associates & over a dozen independent sales partners who are building additional markets for MedFlash™.
“MedFlash™ continues to gain momentum & is currently being sold at 2,000 retail stores nationwide & is also distributed through drug wholesalers to over 20,000 independent medical & pharmacy groups. I am pleased to announce that Cardinal Health Care, one of the largest medical distribution companies, is currently supplying Kroger, Fred Meyer, QFC, Medicine Shoppes, Ralphs, & HEB with MedFlash™ for resale to consumers. In addition to retail outlets, MedFlash™ is being sold as a promotional incentive with affinity groups -- currently, MASA and MedJet Assist National emergency transport membership organizations. We are also optimistic, but cannot guarantee, that, over the next six months, this category of business will dramatically increase.
“We believe that EPHRs are beginning to gain traction in the market. Companies, like Google & Microsoft, are educating the consumer on this type of product. Their educational efforts help us to sell the concept & need for individuals to maintain their own records. We have worked hard to position ourselves to capitalize in this new market. Our next step, which is critical to our ability to succeed, is to ramp up our marketing & advertising. With that in mind, we have developed two new line extensions, a gift card & a prepaid card program, all replicas of MedFlash™, & a 30 day free trial for our MedFlash™ Web Portal that will open up two new market opportunities, on air TV sales & Internet sales, all of which we believe will accelerate our penetration. In addition, we are preparing to launch MedSync™, a powerful new program that is being written to allow for the MedFlash™ device & portal to synchronize with other programs, including companies like Google Health & Microsoft Health Vault. It is management’s opinion that MedSync™ will broaden our opportunities in the market & assist us in keeping pace with the ever changing health record environment.
“We have also added four key members to our management team. Last year, Al Forcella joined us as our Operations Manager. He has been CEO, General Manager, & an independent consultant with a history of growth & turnaround management for a number of health care companies.
“Michael Robbins has been our consultant for the past year & now has joined us as our VP of Information Services. He is coordinating our product development of MedFlash™. He has led a variety of strategic business initiatives during 25 years as an independent consultant to start-ups, private companies, & public institutions including The Fortune 500 & small to mid-size companies along with a public utility & a state university.
“On May 26, 2009, we announced we appointed William E. Carlson, M.D. as our Chief Medical Officer. Our Board of Directors also approved his appointment as a Director of the Company. Dr. Carlson is a Board Certified Orthopedic Surgeon who has been in practice of his specialty since 1986.
“On March 29, 2009, we announced that Myron Holubiak joined our Board of Advisors. He is the former President of Roche Laboratories, USA, a major research based pharmaceutical company (12/1998 to 8/2001). Prior to this, he spent 15 years in a variety of marketing, sales, & executive positions with Roche Laboratories, co-founded Emron, Inc., a health care consulting company, & served as General Manager of The Plymouth Group, the consulting division of IMS Health, Inc. In 2002, he was a partner, President, & COO of HealthSTAR Communications, Inc, the largest private health care marketing communications company.
“As CEO, I want to reinforce that I have prioritized two key initiatives for Connectyx. Firstly, is to continue with our plans to grow revenues through marketing & selling of our primary product: MedFlash™. Secondly, and just as important, is to begin preparations necessary to successfully file a Form 10 with the SEC in order to become a “fully reporting” public company. If we are successful in achieving these goals, the Company will then seek to evaluate the prospects of applying to the OTC Bulletin Board.”
My Opinion
I like what I see so far. I suggest that you do your homework on this emerging growth situation. I think that CTYX is at the right place at the right time – its market is beginning to unfold. Ronn Schuman plans to raise up to about $3 million for expansion & achieving a listing on the OTC BB. Assuming that he is sucessful in doing that, I see his company’s growth accelerating at a fast pace, because what his company needs to expand rapidly is some carefully directed advertising.
While the company is still at the beginning of its history, it has begun to have some modest growth. For example, on 7/7/2009, it announced it posted its unaudited financial statements for Q2 ended 6/30/2009 -- it increased revenues by 45% & reduced expenses by 20%, thus decreasing its net loss by 50% for Q2 of 2009 as compared to Q2 of 2008. It had a net loss of $79,679 for Q2 of 2009 versus a net loss of $158,459 for the same period in the previous year. This is the second consecutive quarter in which the Company has substantially decreased expenses in 2009 compared to the same time periods in 2008.
CTYX posted revenues of $101,738 for Q2 of 2009 versus revenues of $70,156 for Q2 of 2008, an increase of 45% -- modest, but a good start for a new emerging situation. Its lead product MedFlash™ is currently being sold in retail stores nationwide, & is distributed through drug wholesalers to over 20,000 independent medical & pharmacy groups, including Cardinal Health Care & Amerisource Bergen, two of the largest medical distribution companies, along with retailers in key markets. In addition to retail outlets, MedFlash™ is being sold as a promotional incentive with affinity groups -- currently, MASA (Medical Air Services Association) & MedjetAssist, leading emergency transport membership organizations. These sales via several venues of distribution are rather good considering that the company is at the beginning of its initial growth phase.
Schuman says: "We are excited about the results Connectyx has achieved over the first six months of this year. If we are able to continue to increase our revenues while controlling or even reducing our costs further, we can count on achieving breakeven by the end of the fourth quarter of this year."
CTYX’s unaudited financial statement for Q2 2009 is available at www.pinksheets.com. Check www.connectyx.com, & www.med-flash.com. CTYX is located in Palm City, FL, & is trading at $0.006. Call its PR firm at 407-389-5900 for further information.
IX6341 - Good job on bringing in the info and inserting some life into this board. The company and products all look good. Now we need to look forward to a higher SP.
CTYX (0.007) - Easily a 10 bagger
A sleeping stock with a cool product and a lot of potential.
On the verge of profitability.
Working on becoming a fully reporting company in order to move up from pinksheets.
Very low float.
A bit of volume and this stock will soar.
Looking to move up from pinksheets. Cool!!!
Added yesterday and today.
You can always count on baboonya for positive remarks. I see you are trashing a lot of other boards also. Are you experiencing a deprived childhood?
Medflash on sale at Harris Teeter. A little earlier than planned. Hopefully this will give us some more exposure.
Anybody going to the S/H meeting tomorrow? Or does anyone have connections to request a summary from the company?
Somebody did some digging...LOL
I follow my knowledge, nose and intuitions. I respect guys who put down there opinions and state why they believe that, even if I don't agree with their assesments. They could be for the stock or against it. All in all I did well on AMEP/AENP but never bought that "going to a buck", "to da moon" theories and was able to get out in time.
Greeneyedhawk was always straightforward with his posts as is CFB and those are the kind of posters that I appreciate.
Actually, I just stopped by here for a peek and shouldn't really be posting as I don't have an interest here.
CFB, WOW, what a post. I apreciate your concerns and warnings and admire your patience and thoroughness. It's too bad about this company. Another one where the CEO has no regard for shareholders. I was here a few years ago, made some and lost some and got out around the time of the 1:25 reverse split. I figured then that the company was going nowhere and i guess I was right. I remember Greeneyedhawk, I wonder what happened to him. He was so upbeat about this company and it's prospects and about Bitters. I sure hope he did not lose his life savings.
All the best to all here and hopefully you will find other investments to compensate to this one.
Pressure is mounting! It's gonna blow! Any day now. Load up while you still can.
That's good news. The more exposure, the better.
This will happen, just need some patience.
A bootom is in and seems to be holding, there is more interest in the stock, boardmarks are up, volume is inching up and we even have a basher. Not long from now and it will happen and today's prices will be history. All we need is to hang in there.
Good day y'All!
Why sell SPNG:
http://www.nypost.com/p/news/business/spongetech_is_all_wet_hBMpyldSkFZez0wuxFdupO
Synopsis: Spongetech's forecast of $50million sales may have been fraudulent and they falsely quoted an accountant office as having estimated that.
It may still rally, but it looks too risky to me. As they say, if a few people say to you that you are drunk, go to sleep, just in case.
Looks like the end for SPNG.
Baboonya, so why are you still here? Reading every post and responding. We already heard your "i told you". If what you say is true, then you made money on this stock. 50% sounds good to me, so why bicker? Could it be that you didn't make money? Or maybe you are afraid this will go much higher and you will be proved stupid? Or maybe you are looking for a good entry point. Go buy some spng or evrm, make some money and leave us in peace.
But then again I'm sure you won't do that and I'm also sure you didn't make any money off this stock. You know why? Because you're a loser and all you know how to do is cry.
Guys, let's be reasonable here.
As much as I would like a ten or twenty bagger to happen here and fast, for our sake and the sake of the newcomers here we should be realistic. I think that the last thing we want to create is a false hype that will atract guys like Babooya (or whatever he calls himself) who expect to see the stock go to "da moon" within days and when that doesn't happen sells and then won't stop b**ching about how it didn't happen etc. etc. We have here a great stock with a great product and lot's of potential which is way underpriced. These things usually promise a substantial rise in SP. That's the word that we should spread. We want to attract the more serious investors who have patience and will get in long term and hopefully profit from that.
If this does start to boom we can advertise otherwise, but creating false expectations can only cause us harm.
All of this is IMO, of course.
Then again, maybe this thing can just start booming right away and solve all our problems.
Great to see that this board has come to life. Boardmarks are up also. The stock is also coming to life. Hopefully by end of next week we'll be over 1.5 cents.
Yeah that's been like that for a while. You need to call ikt in. No worries.
Welcome Epicstocks. I have a feeling here of the calm before the storm. Once this thing gets loose there will be no stopping it. Let's just hope it will happen very soon.
Good luck to you too.
We begin today. From here there is only one direction:UP.
Well, well, what do you know? Platten tried and found guilty for stock fraud. I lost a few thousand on his AWYB/HVLN scam. I can't believe how stupid I was about that whole thing. I hope he gets a cell with a couple of big dudes who have a fancy for his behind.
Thanks jimsz for posting this.
Interesting post from CTYX yahoo message board:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=tm&bn=76029&tid=132&mid=132&tof=1&rt=2&frt=2&off=1
Greetings to everyone,
My Name is Curtis and I've been trading penny stocks for 11 years now.
My wife and I found this stock by mistake, she typed in the wrong symbol, the symbol we wanted was(CYTX). So when this company came up(CTYX) we started to check all the news and only to find out, that this company is using the same format of software that she is going to college for which is HIPPA approved.
The Major she's taking, is (Health Information Management) for medical coding and billing. She is starting her second year with a 4.0 GPA, so we are very serious about these new changes in the area of Health Information Management.
People can really have true peace of mind with the basic or complete information on this Med Flash storage device. Think about it, any EMT, Hospital or Doctors office can plug this device into their system and find out many things that could save on unneeded tests, meds, or even save this persons life.
My wife and I are buying on the average of 200,000 shares a month and will continue buying until we have reached our goal of 2,000,000 shares or can no longer afford to buy at high prices.
This is the new way of medical information, the paper offices are going to be a thing of the past, and if your someone who finds patterns of company's who go full circle, then you will know this company is just a baby and has just started out in completing that full circle.
I'm sure, just like any other new company, they need investors for advertising to get the word out, and then the common share better watch out.
We are long term on this company, with no intentions of buying and selling on the dips, for we never know when this company is going to breakout with news of high level investors.
Folks, it's time for change, and with this change in electronic storage of our Health Information records, and with the new Health reform bill that is going to be passed, this could save all of us a great deal of money over the long run, and maybe even your life, or a love one's life.
Consider this very carefully.
Good Luck to all,
Curtis
Picked up a bunch more today. I have a feeling here that next week i will be very happy with this aquisition.
Will today be the begining of the begining? It's about time this thing will start moving!
Did this board die and nobody invited me to the funeral? Where is everybody? Like I said, a bit of volume and this thing can skyrocket.
Excellent plan, now how do we execute it? Let's all hit the ask and gobble up all the available shares. That should do the trick.
By the way, the pullback was on very low volume so if some buying does come in this thing will move up and fast.
Can anyone explain what happened here today? It started acting like a real pinky. Blown all over. Doesn't look good at all.
I got filled at the end of day at 0.0125. Now it's time to get this baby moving. See you all tomorrow.
Just my luck (or maybe your luck). After spending over 20 mins on an overseas call with etrade I was finally able to get my order confirmed after adjusting it from 1.10 to 1.25, I got filled for 5000 shares and then the price jumped out of my range. Now, if I want to chase I need to spend another 20 mins on the phone.
And what am I going to do with 5000 shares?
Hi everyone. I wanted to buy in but etrade requires you to call in on this one. Has this happened to anyone else? What a nuisance. Anybody know why?
Thanks.
1 hour and 20 minutes=58,000,000 shares=$4,000,000. Is that low volume? For a penny stock? Sorry, guy but you need to learn your basics. You can still buy in now and join the party. You'll be happy by the EOD.
Madstock, why are you wasting your energy. The SP don't lie and it's going up. For all i care, as long as the SP is going up the company can have as many caveat empors as they want. If it bothers you, then move on to another stock.
Like I said, you are wasting your energy.
The SP will hover at these levels for a bit and then end between 7.5 and 8 cents.
Tomorrow is CC time and the sky is the limit.
We'll lose some steam now because of some profit taking and this will set the daily pullback. Chasers, here is your chance for this is the LOD. After this it will be much higher.
GL.
Traderatheart, just look forward. What's was is history. Looking forward, thistock is going up? Buy in. The fact that you made one mistake by selling early is irrelevant. Don't make a second mistake by being sentimental. I know that we all want 2-300% but 20, 30 or 40% is also great money. And my belief is that very soon we'll be seeing teens here and further on $$.
So if you believe, get yours before it's even higher.
Another boring day at the office. Up all the time.
Wow, great PR! What's in it? A whole lot of nothing.
What do the chartists say is in store for us tomorrow? Anybody?
TIA