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Yes they are getting dozens of calls and the critical thing is that it appears that they are able to handle those calls and turn them into a revenue stream by setting up the healthcare provider in less than 48hrs.
We are golden here.
Yes and it is because of how they get their revenue that I will bet that CareClix is profitable before TDO*C.
With leasing the platform (SaaS revenue) and growing the business by making deals with other healthcare companies ( instead of paying big bucks to acquire companies like TDO*C is doing), CareClix has higher margins and will be profitable sooner.
We know that just this week in the Dr. Korangy article, Kaiser Permanente reported the daily # of contacts went from 350 to 1300.
I am sure that CareClix is seeing a similar increase percentage wise.
I do believe that the upcoming sustainable run will be driven off revenue. So, as soon as we see Q1 revenue #s we blast off.
I will write up something but the only question is if I wait for the 10K which will provide even more info.. But with the current focus on telemedicine I think it is better to get something out sooner than later.
I am not saying that this one was bad but it just missed some recent information.
If I get some time I might attempt to write up something this week.
MWM, I have know doubt that CareClix will see revenue of $3-5 million per month by late summer.
Then where will the PPS and market cap be???
I liked this paragraph too:
Quote:
Still, one contract providing even 15% growth is nothing to sneeze at, as CareClix also has a better business model than Teledoc, since the call center model the Teledoc employees is much heavier/costly than the CareClix model. Margins are much more scale-able off the current cost basis. So while profitability has yet to arrive for Teledoc, it may be on the near-term horizon for CareClix as they further scale revenues. Hopefully Management will provide more clarify and guidance regarding this with the filing of their annual report.
It is interesting that the date on the article is 3/12/20 ( todays datet) but the author did miss a number of recent items:
-missed the recently reported fact ( by the company ) that there are currently 10 million users of CareClix.
-didn't talk at all about the deal with Chile
-didn't talk at all about the deal with Trapollo
-said that "the most recent filing was almost a week late with no meaningful explanation".
The company clearly stated that "Solei Systems, Inc. (“Registrant”) was unable without unreasonable effort and expense to prepare its accounting records and schedules in sufficient time to allow its accountants to complete their review of the Registrant’s financial statements for the quarter ended September 30, 2019 before the required filing date for the Quarterly Report on Form 10-Q."
Also, we all know that the company recently changed its "independent accounting firm, Farber Hass Hurley LLP, because it did not have the capacity to continue".
-missed the recently reported share counts by the Officers/Directors ( reported in the PRE 14C)
Overall, I think that there is a lot of good information in the article. And I do agree with the author on their view that CareClix is in a much better position to become profitable sooner than TDO*C.
I am sure we will be seeing more and more investment firms upgrade healthcare companies. And more and more mergers and acquisitions in the healthcare industry.
Jefferies ups Health Care to Overweight, cuts Discretionary to Underweight Jefferies Equity Strategist Steven DeSanctis cut his rating on the Consumer Discretionary sector to Underweight from Overweight citing the impact of social distancing, although he admits "it feels like we are closing the barn door after the horse has bolted. He concurrently upped his rating on the Health Care sector to Overweight given that "it holds the solution to the pandemic." He also foresees more M&A in the group, especially in Biotech, which should give the sector a lift, DeSanctis said in a note to investors.
Read more at:
https://thefly.com/landingPageNews.php?id=3054499
Maybe they already have as much as they can handle at the moment give what Dr. Korangy said the other day:
rstar Member Level Friday, 03/20/20 08:55:25 AM
Re: was16 post# 39247 0
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Korangy the other day:
Quote:
dozen calls per hour from healthcare providers wanting to be a part of the service.
Yes looking good.
I am sure that there will be more buzz about telemedicine over the weekend.
Maybe our CareClix CEO Dr. Korangy will go some more interviews over the weekend?
Companies actually communicate on what products and services they provide?
Wow! And some people view that as pumping?
Well I am glad you and I are here.
I couldn't be happier with the way the company is getting things done and how professional they are.
SOLI for the Win!
It is great to see how active the company is.
They are getting things done left and right.
SOLI for the Win!
Yeah I saw that but I didn't realize that CareClix could setup a healthcare provider in less than 48 hrs.
Just amazing how setup we are here!!
I do hope everyone does realize that.
The 3 huge deals recently announced will not impact the 10K. Also this crazy telemedicine environment because of the Coronavirus will also not impact the 10K.
Our revenue this Spring is going to be amazing.
I believe that the "white label" (SaaS as it appears in the filings) is high margin.
So looking forward to the Q1 due May, 15 2020.
It says in this linkedin post that CareClix can setup a healthcare provider in less than 48 hrs. with their turn-key solution.
WOW!
For providers looking to assist their patients during the #COVID-19 outbreak, we offer a turn-key solution which means we can set you up in less than 48 hours, email us at info@careclix.com to get started.
It makes the most sense.
Great find Hatter.
It makes sense to hold off on updates given the name & symbol change.
Maybe you can write the article about CareClix being the biggest threat to TDO*C!
I see that the CareClix website needs updating in the "Latest News" section
https://www.careclix.com/content-news
At a minimum it is missing the Chile PR, Trapollo PR, Fox News Interview, etc.
I don't see it yet on the CareClix website.
I hope they add it there soon.
And the PR is on the SOLI IR website
Soooo glad to see SOLI PR the Fox interview with Dr. Korangy.
We have seen a lot of new MMs on SOLI recently.
We have also seen a lot of shares being traded and big swings in the PPS.
No one knows if there has been any shorting but given the up coming Name and Symbol changes any shorts will need to cover when that happens.
Just something to think about as we get close to April 8th.
sox040713 Wednesday, 10/04/17 07:51:57 PM
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Naked shorts have to cover when the CUSIP # changes, and the trading actions proved there were no large naked short positions when CTIX changed to IPIX.
"Both your transfer agent and IR firm should be able to advise you on the effectiveness of combating naked shorts by changing CUSIP numbers, reverse mergers, and/or reverse splits. Although the long-term effectiveness of these strategies is questionable, it may be useful as part of a larger strategy to deter naked shorting. After changing your company's CUSIP number, for instance, all existing stock certificates must be exchanged for new ones. All issued and outstanding certificates from old shares will no longer represent an interest in the company until exchanged."
http://www.hawkassociates.com/ir/white/shorts.cfm
"Changing the stock cusip number results in each share with the old cusip number having to be exchanged for a share with the new cusip number, which causes each short position to have to prove the borrow. Naked short positions would be unable to comply and those positions could have to be covered by purchasing shares with the new cusip on the open market."
https://groovevc.wordpress.com/2017/04/12/is-this-the-beginning-of-a-remarkable-short-squeeze/
"Seems from what I have read, a CUSIP change could force the cover of NSS positons if the change is done in conjunction with a name change. It is my understanding that the mechanics of the CUSIP change (with name change) would effectively prevent trading shares of the old CUSIP # and would create an entirely new set of shares through the DTC. By doing this, the DTC is forced to account for ALL of the old shares exchanged for the new shares."
"Because of the CUSIP # change, the MMs will be required to account for each of the old shares with the new shares. Because of the name change, it's important because it forces the DTC to play a more finite role by not only accounting for the old shares to equal the new shares electronically, but forces them to match a "new inventory" of shares that have been given to them from the CUSIP Service Bureau as the new official/approved inventory by way of the shares given from the company/TA."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82107281
Quote:
I stated repeatedly the shorts would not cover because of the name and cusip change and you know it!
Totally agree!
Sit back and watch management perform.
No worries when you know the facts and have done your DD.
SOLI management is working and getting things done in the most professional manner.
SOLI for the win!!
Hell yeah!!!!
You know I totally agree.
With the Q1 2020 we will start to see the exponential revenue growth.
Everyone thinks with the Fox interview with Korangy, the recent CareClix articles, etc. that many more people know about us.
I don't believe that is true. There are some new eyes but the link between CareClix and SOLI is still a major problem.
I believe it will be fixed soon but until then flippers and MMs will continue to impact the PPS.
Lots of flippers
Lost of flippers
I believe that we will see exponential revenue growth this spring, starting in the first Q due May 15th.
But I am cautious about the 10K due the end of this month because I don't see any revenue impact from the last 3 big deals announced (the MAXIS deal wasn't announced until 12/5/19, and the Tappllo and Chile deals happened in Q1 2020).
Some people don't see the big picture.
And others don't have patients.
Although I think we should be much higher I will just sit back and wait for the big prize.
Not a better place in the OTC to put your money than SOLI. IMHO
We are definitely in the hottest sector with a fast growing company.
You really need to read the CareClix website. It specifically talks about the labs.
DD is a great thing to do.
I agree with your year-end target.
Also in the article Kaiser Permanente reported daily contacts went from 350 to 1300.
That's a 368% increase.
I am sure CareClix is seeing similar increase in contacts.
Can't wait to see revenue #s for the first Q of 2020 due May 15th.