Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"whenever" you decide to sell I'll "immediately" buy yours...
geeesh I've been following this board for a few months now and the only thing I see from you is whining and complaining...
Just sell and move on if you can't take the pressure... you know the proverb; if you can't take the heat, go lick an ice cream, lol
Just like the MM's they're using old tricks to bring the SP down prior to a MAJOR run... True longs & steady hands don't fall for that and scoped up cheapies. Yep, "current" today, ss-reduction tomorrow & RM by Friday... what a wonderful week this will turn out to be!!
GO TOFS GO
TOFSis delivering on every account!!
Whomever sold at 10's & 11's can chase it now, and those who still doubt TOFS are afraid of their own shadow... hehehe...
SELLERS PANIC
BUYERS WIN
O2 Secure Wireless, Inc. Provides Fourth Quarter Shareholder Update
ST. AUGUSTINE, Fla., Sept. 14, 2011 /PRNewswire via COMTEX News Network/ --
O2 Secure Wireless, Inc. (PinkSheets:OTOW)is pleased to announce that the Company has made progress in its expansion into the Atlanta, Georgia territory. The company will be launching a marketing campaign within a few weeks to begin the accumulation process of potential customers for internet service in the Greater Atlanta marketplace.
O2 Secure Wireless also recently announced that the company had signed a purchase agreement for retail space in Palm Coast Florida, with the expected closing to transpire in October.
The Company's wholly owned subsidiary, Earthcom Service C. Por A., has positioned itself to qualify for submittal of a bond offering in the Dominican Republic. The documentation is being prepared in accordance with new regulations regarding corporations that went into effect on April 29th 2011, and the company is set to file the documentation for a $25 million bond offering eminently.
Earthcom Service C. Por A. also continues in its endeavor to secure parallel finance vehicles for its Dominican Republic project, as the Company pursues the bond securities registration process. The Company has continually been active in its development of its strategy to gain a sizable portion of the wireless industry in the Dominican Republic, a territory boasting 8.8 million current potential customers.
The company was recently notified that the Depository Trust & Clearing Corporation (DTCC) had removed OTOW shares from the Continuous Net Settlement and has put the company on a "trade for trade" basis. The company was not informed of this action prior to publication of the restriction by DTCC. The only information provided has been that the company has experienced unusual trading activity, and consequently on that basis this particular action was taken. The company will be diligently working with the agencies to correct this action.
Mr. Kazia states, "We are pleased with the progress that the Company has made in its domestic operations and the expansion into new and advantageous territories. We continue to develop our potential client bases in these domestic areas, and foresee great success over the next several quarters. We are intent on getting the bond offering completed in anticipation of the execution of the next stage of our penetration strategy into the Dominican territory, and intend to do what it takes to rectify the situation presented by the DTCC. We want to express great and sincere appreciation to all our loyal shareholders, and want to let you know that we will continue to work diligently to build a great future for the Company and advantageous returns for our shareholders."
About O2 Secure Wireless: O2 Secure Wireless is a Company that manages numerous wireless tower facilities development both in the US and abroad. The Company is also instrumental in the development of wireless communication services in the Caribbean as well as domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
For more information visit our website at http://o2securewireless.com or contact Investor Relations: Gibraltan Financial (407)830-9777
SOURCE O2 Secure Wireless, Inc.
Copyright (C) 2011 PR Newswire. All rights reserved
The SEC doesn't have time to deal with Pinkies who promise heaven and put you to hell... "Read the forward looking statements"... they argue...
On the bright side, this is only a purgatory and the gates of hell will be opened once they start with the Auctus agreement...
and the sell of convertables later this year...
Read Composed's post again peeps, this guy was the closest and best informed contact with evca and his disappointment should be a telling sign for everyone who's not blind(ed)...
After "quiet periods", NDA's, numerous PR campaigns, broken promises and tens of millions of dilution this should provide a clearer picture for those who want to see...
247MGI to Uplist in the Morning
FORT LAUDERDALE, Fla., Sep 13, 2011 (BUSINESS WIRE) --
247MGI, Inc. (Pink Sheets:TOFS) ("247MGI") has received word today from OTC Markets that the Company will be moved to OTC Pink Current Information tier before the next market open.
Once the uplist takes place an overnight will be sent to the transfer agent so the Authorized shares will be reduced to 1,600,000,000.
The Company asks Shareholders to monitor PinkSheets.com for continued developments.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE: 247MGI, Inc.
247MGI, Inc. Matt Dwyer, 954-623-3209 President 247mgi@gmail.com
Copyright Business Wire 2011
Yes you did ;-p
Diamond Discoveries is scheduled to make its presentation on Tuesday, September 13th at 1.35 pm in the Morgan suite.
You're gonna have to hurry to get there in time... lol
Looking for something green, lol
GO TOFS
Thats my assumption too stock_wizard, people who saw the presentation and notice the cheap share price will be loading DMDD... Just like I do, lol
Its definitely shorting, because I saw a name appear on the board last night that likes to short. Don't be fooled by those nitwits and take advantage of the discount prices... GO TOFS
Not completely true, it switches between 1/4, 1/3 & 1/2 of the daily volume.
http://www.mightymarkets.com/regsho-daily-short-volume-lookup.html/
Don't worry it will fly when the time is right, take advantage of these discount prices... GO TOFS
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
to
FORM 10-Q
(Mark One)
þ
QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2011.
o
TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
For 1934 for the transition period from _______ to _______ .
Commission file number 000-31585
DIAMOND DISCOVERIES INTERNATIONAL CORP.
(Exact name of small business issuer as specified in its charter)
Delaware
06-1579927
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No.)
45 Rockefeller Plaza, Suite 2000
New York, NY 10111
(Address of principal executive offices)
(212) 332-8016
(Issuer’s telephone number)
Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes o No þ
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit
and post such files). Yes þ No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act (Check one):
Large accelerated filer o Accelerated filer o Non-accelerated filer þ
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes o No þ
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant has filed all documents and reports required to be filed by Section 12, 13, or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court Yes o No o
APPLICABLE ONLY TO CORPORATE ISSUERS
The number of shares outstanding of Registrant’s common stock, as of August 22, 2011 is 426,303,795.
Transitional Small Business Disclosure Format (check one): Yes o No þ
EXPLANATORY NOTE
The purpose of this Amendment No. 1 to Diamond Discoveries International Corp.’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2011, filed with the Securities and Exchange Commission on August 22, 2011 (the “Form 10-Q”), is solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report provides the consolidated financial statements and related notes from the Form 10-Q formatted in XBRL (eXtensible Business Reporting Language).
No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.
Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.
ITEM 6. EXHIBITS.
Exhibits.
Exhibit
Number
Description of Document
31.1
Certification by the Chief Executive Officer pursuant to Rule 15d-14(a) of the Securities Exchange Act of 1934.*
32.1
Certification by the Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002.*
101.INS
XBRL Instance Document**
101.SCH
XBRL Taxonomy Extension Schema Document**
101.CAL
XBRL Taxonomy Extension Calculation Linkbase Document**
101.DEF
XBRL Taxonomy Extension Definition Linkbase Document**
101.LAB
XBRL Taxonomy Extension Label Linkbase Document**
101.PRE
XBRL Taxonomy Extension Presentation Linkbase Document**
———————
*
These exhibits were previously included or incorporated by reference in Diamond Discoveries International Corp.’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2011, filed with the Securities and Exchange Commission on August 22, 2011.
**
Filed herewith.
SIGNATURES
In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By:
/s/ Antonio Sciacca
Antonio Sciacca,
Chief Executive Officer and Director
Dated: September 13, 2011
More detailed chart here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67024704
They are rowing in the wrong direction...
Looking at the track record for this investment bank then its clear that they are used to work for, and succeed in making big deals, acquisitions etc for well-known companies...
http://www.gptpartners.com/transactions/index.htm
IMHO a deal for OPL.V is getting really close...
Looking at the track record for this investment bank then its clear that they are used to work for, and succeed in making big deals, acquisitions etc for well-known companies...
http://www.gptpartners.com/transactions/index.htm
IMHO a deal for OPL.V is getting really close...
hehe, we need some good azzk slappin' this week!! GO TOFS
OPEL Technologies Inc. Selects Investment Bank for ODIS Affiliate
http://www.marketwatch.com/story/opel-technologies-inc-selects-investment-bank-for-odis-affiliate-2011-09-12-9440
Updated DD:
http://investorshub.advfn.com/boards/board.aspx?board_id=21788
http://www.mightymarkets.com/regsho-daily-short-volume-lookup.html/ September 12, 2011 13999712 31329627
Not a specialist on the subject, but if one can short this stock why can't there be a SS (short squeeze)?
If TOFS opens tomorrow at 0.002, based on news (and a little wishful thinking, lol) and some shorts haven't covered yet, won't we see a SS then?? (not talkin' about a MOASS)
Thanks for the heads up mate, I'll keep an eye on that tomorrow.
Lets hope DMDD makes a solid presentation & attracts the right people, but with an National Instrument 43-101 on their 100% owned
Caribou Property, with 143 mineral claims representing 6 236 hectares & Brassard on board I'm convinced they'll build a strong case for themselves... GO $DMDD
Yeah, but even low 0.001's are cheapies too... go tofs!!
Take your accordion and dance at airports, you should have some money at the end of the day to buy some TOFS... lol
DMDD
We should see updates from the R&R conference pretty soon... time to load the boat peeps!!
OPEL Technologies Inc. Selects Investment Bank for ODIS Affiliate
SHELTON, CONNECTICUT AND TORONTO, ONTARIO, Sep 12, 2011 (MARKETWIRE via COMTEX News Network) --
OPEL Technologies Inc. (TSX VENTURE: OPL) ("OPEL" or "the Company"), a leading global supplier of high concentration photovoltaic ("HCPV") solar panels, solar tracker systems and semiconductor device and process developer, announced today that the Company has selected GrowthPoint Technology Partners ("GrowthPoint") as advisors to the Company. GrowthPoint will assist the Company in identifying and evaluating strategic options for the value optimization of ODIS' proprietary Planar Optoelectronic Technology ("POET") semiconductor process. These options may potentially include the full or partial sale of the technology, as outlined in a previous announcement regarding the valuation of POET.
"We were impressed with GrowthPoint's outstanding track record of guidance provided to other semiconductor, defense and cleantech firms," noted Leon M. Pierhal, CEO of OPEL Technologies. "We are pleased to have GrowthPoint on board in this strategic advisory role to assist in optimizing and monetizing the shareholder value of the POET intellectual property portfolio."
POET is a semiconductor fabrication process which enables the monolithic fabrication of integrated circuits containing both electronic and optical elements. This III-V process, developed via OPEL's U.S. affiliate ODIS Inc. and covered by numerous patents and patents pending, makes possible economic production of fully-integrated optoelectronic semiconductor devices with higher speeds and reduced power consumption compared to conventional silicon-based devices.
Based upon the advantages POET presents, a number of U.S. Government Departments and Agencies are developing specific devices using the POET platform, including imaging sensors and ultra-low-power random access memory. These advances highlight POET's potential to address high-speed and low-power applications for commercial and consumer applications, included servers, tablet computers and smartphones. Recently, the POET technology was independently validated by BAE Systems, in their fabrication facility, when working transistors were created using the POET platform.
OPEL will continue to provide updates as new information becomes available, pursuant to full disclosure requirements.
About GrowthPoint Technology Partners
GrowthPoint Technology Partners provides M&A, fundraising and strategic advisory services to a wide range of semiconductor, information technology, energy technology and defense contracting companies. As former CEOs, executives, board members, investors and advisors, GrowthPoint's team brings a wealth of strategic and financial experience to its clients with the sole objective of helping them achieve success.
For more information on GrowthPoint, please visit www.gptpartners.com.
About OPEL Technologies Inc., OPEL Solar, Inc. and ODIS Inc.
With operations in Shelton, CT and head office in Toronto, Ontario, Canada, the Company, through OPEL Solar Inc., designs, manufactures and markets high-concentration photovoltaic panels and dual- and single-axis trackers for related CPV and PV systems for energy applications worldwide. The Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. The Company has 35 patents issued and 12 patents pending in PV systems technologies and for its semiconductor POET process, which enables the monolithic fabrication of integrated circuits containing both electronic and optical elements, with potential high-speed and power-efficient applications in devices such as servers, tablet computers and smartphones. OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information, please visit our websites: for OPEL Technologies Inc. at www.opeltechinc.com; for OPEL Solar Inc. at www.opelsolarinc.com; and for ODIS Inc. at www.odisinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
OPEL
Pat V. Agudow
Vice President, Public Relations
+1 (203) 612-2366 x2612
p.agudow@opelinc.com
ICR - Investor Relations
Gary Dvorchak, CFA
Senior Vice President
+1 (310) 954-1123
gary.dvorchak@icrinc.com
ICR - Public Relations
Theodore Lowen
Managing Director
+1 (646) 277-1238
ted.lowen@icrinc.com
SOURCE: OPEL Technologies Inc.
mailto:p.agudow@opelinc.com mailto:gary.dvorchak@icrinc.com mailto:ted.lowen@icrinc.com
Copyright 2011 Marketwire, Inc., All rights reserved.
OPEL Technologies Inc. Selects Investment Bank for ODIS Affiliate
SHELTON, CONNECTICUT AND TORONTO, ONTARIO, Sep 12, 2011 (MARKETWIRE via COMTEX News Network) --
OPEL Technologies Inc. (TSX VENTURE: OPL) ("OPEL" or "the Company"), a leading global supplier of high concentration photovoltaic ("HCPV") solar panels, solar tracker systems and semiconductor device and process developer, announced today that the Company has selected GrowthPoint Technology Partners ("GrowthPoint") as advisors to the Company. GrowthPoint will assist the Company in identifying and evaluating strategic options for the value optimization of ODIS' proprietary Planar Optoelectronic Technology ("POET") semiconductor process. These options may potentially include the full or partial sale of the technology, as outlined in a previous announcement regarding the valuation of POET.
"We were impressed with GrowthPoint's outstanding track record of guidance provided to other semiconductor, defense and cleantech firms," noted Leon M. Pierhal, CEO of OPEL Technologies. "We are pleased to have GrowthPoint on board in this strategic advisory role to assist in optimizing and monetizing the shareholder value of the POET intellectual property portfolio."
POET is a semiconductor fabrication process which enables the monolithic fabrication of integrated circuits containing both electronic and optical elements. This III-V process, developed via OPEL's U.S. affiliate ODIS Inc. and covered by numerous patents and patents pending, makes possible economic production of fully-integrated optoelectronic semiconductor devices with higher speeds and reduced power consumption compared to conventional silicon-based devices.
Based upon the advantages POET presents, a number of U.S. Government Departments and Agencies are developing specific devices using the POET platform, including imaging sensors and ultra-low-power random access memory. These advances highlight POET's potential to address high-speed and low-power applications for commercial and consumer applications, included servers, tablet computers and smartphones. Recently, the POET technology was independently validated by BAE Systems, in their fabrication facility, when working transistors were created using the POET platform.
OPEL will continue to provide updates as new information becomes available, pursuant to full disclosure requirements.
About GrowthPoint Technology Partners
GrowthPoint Technology Partners provides M&A, fundraising and strategic advisory services to a wide range of semiconductor, information technology, energy technology and defense contracting companies. As former CEOs, executives, board members, investors and advisors, GrowthPoint's team brings a wealth of strategic and financial experience to its clients with the sole objective of helping them achieve success.
For more information on GrowthPoint, please visit www.gptpartners.com.
About OPEL Technologies Inc., OPEL Solar, Inc. and ODIS Inc.
With operations in Shelton, CT and head office in Toronto, Ontario, Canada, the Company, through OPEL Solar Inc., designs, manufactures and markets high-concentration photovoltaic panels and dual- and single-axis trackers for related CPV and PV systems for energy applications worldwide. The Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. The Company has 35 patents issued and 12 patents pending in PV systems technologies and for its semiconductor POET process, which enables the monolithic fabrication of integrated circuits containing both electronic and optical elements, with potential high-speed and power-efficient applications in devices such as servers, tablet computers and smartphones. OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information, please visit our websites: for OPEL Technologies Inc. at www.opeltechinc.com; for OPEL Solar Inc. at www.opelsolarinc.com; and for ODIS Inc. at www.odisinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
OPEL
Pat V. Agudow
Vice President, Public Relations
+1 (203) 612-2366 x2612
p.agudow@opelinc.com
ICR - Investor Relations
Gary Dvorchak, CFA
Senior Vice President
+1 (310) 954-1123
gary.dvorchak@icrinc.com
ICR - Public Relations
Theodore Lowen
Managing Director
+1 (646) 277-1238
ted.lowen@icrinc.com
SOURCE: OPEL Technologies Inc.
mailto:p.agudow@opelinc.com mailto:gary.dvorchak@icrinc.com mailto:ted.lowen@icrinc.com
Copyright 2011 Marketwire, Inc., All rights reserved.
Is it Monday yet? lol
Very good summary JD, I saw you posting it at the Cubed board too.
Thats the way to do it, spread the word people, spawn JD's summary
& prolifirate it via Twitter, other message boards or whatever platform you can think of... TOFS needs all the attention it can get before the run so everyone benefits... >>>GO TOFS GO>>>
TOFS all ducks in a row >>> ready to FLY >>>
I'm sure we'll close green today, everybody wants in before they announce the big news... I wouldn't want be on the sidelines with TOFS and chase it to pennyland... GET your tickets now!!!
I see no reason to be nervous,... excited is a better word!
tic toc, tic toc, its coming closer,... can ya feel it!! tic toc..
Sure, we all have a vision, but if TOFS looks like its going up and you say its going down then there's something wrong with your vision... r u rubbing Madam Soleil's ball to get that vision or from BrailleStockPile.com
You have way too many zeroes there mate, hehehe, you must be having a flash back from your school days huh... lol
Patient Access Solutions Inc. EMR Strategy Extends to Southern Florida Hospital Based Physicians
Implementation Will Generate $3 Million in Revenue
HAUPPAUGE, N.Y., Sep 08, 2011 (BUSINESS WIRE) --
Patient Access Solutions, Inc. (Pink Sheets: PASO), a leading provider of information technology solutions for the healthcare industry is pleased to announce its EMR management & support solution has been engaged and is being deployed with a Florida based hospital group.
The client is the largest faith based, non profit health care organization in Florida to participate in the EHR (Electronic Health Record) program and has a long standing pedigree as a national leader in the adoption of healthcare IT across its network of 6 hospitals comprising of more than 1,500 beds. This engagement serves as part of its continuing commitment to enable excellent quality care and services, will assist its more than 2,000 physicians in the adoption of Electronic Health Records in their private practices through an EHR Donation Program. The initial implementation expects to generate approximately $3 million in gross revenue over the next year for Patient Access Solutions.
The EHR will be made available to qualified client affiliated physicians in a program that will subsidize the cost of up to 85% of implementing and operating the product. The subsidizing over the next three years will be a substantial investment; however, a fully connected client health system would provide immediate returns with just greater efficiencies in the delivery of care alone. The program may also help client affiliated physicians satisfy the government's requirements for achieving 'meaningful use' by implementing EHR's in their practices, which may enable those physicians to qualify for additional incentive dollars over the next 5 years based on their collection and reporting of quality data, and ultimately improving the quality of care and improved patient outcomes
Bruce Weitzberg, President of Patient Access Solutions stated, "The partnership will deliver affordable health information technology solutions to participants while providing financial benefits to support the adoption of Electronic Health Records. Additionally, the added value proposition offered by the combined services will lower administrative costs, expedite reimbursement, and increase cash flow for healthcare provider office. The agreement is a significant milestone for Patient Access Solutions; client affiliated healthcare practices are expected to generate revenue of approxiamtely $3 million over the next year with additional annual recurring revenues expected."
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determine benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
SOURCE: Patient Access Solutions, Inc.
Patient Access Solutions, Inc. Investor relations Bruce Weitzberg, 866-280-1156
Copyright Business Wire 2011
Patient Access Solutions Inc. EMR Strategy Extends to Southern Florida Hospital Based Physicians
Implementation Will Generate $3 Million in Revenue
HAUPPAUGE, N.Y., Sep 08, 2011 (BUSINESS WIRE) --
Patient Access Solutions, Inc. (Pink Sheets: PASO), a leading provider of information technology solutions for the healthcare industry is pleased to announce its EMR management & support solution has been engaged and is being deployed with a Florida based hospital group.
The client is the largest faith based, non profit health care organization in Florida to participate in the EHR (Electronic Health Record) program and has a long standing pedigree as a national leader in the adoption of healthcare IT across its network of 6 hospitals comprising of more than 1,500 beds. This engagement serves as part of its continuing commitment to enable excellent quality care and services, will assist its more than 2,000 physicians in the adoption of Electronic Health Records in their private practices through an EHR Donation Program. The initial implementation expects to generate approximately $3 million in gross revenue over the next year for Patient Access Solutions.
The EHR will be made available to qualified client affiliated physicians in a program that will subsidize the cost of up to 85% of implementing and operating the product. The subsidizing over the next three years will be a substantial investment; however, a fully connected client health system would provide immediate returns with just greater efficiencies in the delivery of care alone. The program may also help client affiliated physicians satisfy the government's requirements for achieving 'meaningful use' by implementing EHR's in their practices, which may enable those physicians to qualify for additional incentive dollars over the next 5 years based on their collection and reporting of quality data, and ultimately improving the quality of care and improved patient outcomes
Bruce Weitzberg, President of Patient Access Solutions stated, "The partnership will deliver affordable health information technology solutions to participants while providing financial benefits to support the adoption of Electronic Health Records. Additionally, the added value proposition offered by the combined services will lower administrative costs, expedite reimbursement, and increase cash flow for healthcare provider office. The agreement is a significant milestone for Patient Access Solutions; client affiliated healthcare practices are expected to generate revenue of approxiamtely $3 million over the next year with additional annual recurring revenues expected."
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determine benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
SOURCE: Patient Access Solutions, Inc.
Patient Access Solutions, Inc. Investor relations Bruce Weitzberg, 866-280-1156
Copyright Business Wire 2011
4000 Hollywood Boulevard, Suite 610-N, Hollywood, Florida 33021
http://maps.google.be/maps?q=OTC:MMTIF&hl=en&tab=el
You hit the nail on the head.
http://newsletter.hotstocked.com/stocks/view/TOFS-