On a magic taxi ride. Well, you don't know what we can see. Why don't you tell your dreams to me. Fantasy will set you free...
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"CBD, a non-psychoactive cannabinoid found in cannabis, has had a surge in popularity over the past couple of years. Unlike THC, the chemical compound that gives weed its signature effect, CBD has been shown to help with everything from PTSD and anxiety to MS and epilepsy — without getting you high.
Previously, CBD products have been available mostly in head shops, with a few doctors recommending it for various maladies. But in 2017 and 2018, the products spread to natural food stores, beauty aisles, cafés and doctors offices. So far the industry is on track to hit $591 million in 2018, and thanks to a number of factors — including, surprisingly, Senate Majority Leader Mitch McConnell — that could increase 40 times in the next four years."
Report shows CBD market hitting $22Billion by 2022. Wow! great news for $INKW investors: https://www.rollingstone.com/culture/culture-news/new-study-cbd-market-22-billion-2022-722852/
Telemedical is the term you will wish you had heard before about this time next year. Its the future of the primary care market and $PHGRF is on the cutting edge.
$PHGRF with a nice solid green start.
Very much agreed.
Jordan Visco , CEO of Cloud Practice, stated: "We are very excited to be joining a forward-thinking group such as Premier Health. The synergies between our two teams will help enable us to better streamline processes, making healthcare more efficient for all. We are also excited to implement some upcoming new, leading edge applications to make our software the best in the industry."
The Cloud Practice acquisition is alot to wrap your head around. Its a big package wrapped in one. I imagine we'll get some more updates on who that will all be structured.
The Farm Bill has torn down the dam for CBD to exponentially expand its market in 2019. Great for $INKW.
Sheesh at that rate this should be up for an uplisting pronto.
60.000 sq ft bottling plant is in the final stages of being acquired. $125K has been put in escrow toward payment.
Yeah the pressures in modern primary health care to both serve all the patients while remaining up to date with technology and still be profitable have reached a breaking point. Without the solutions that the telemedical revolution offers the whole industry will stall.
Dr. Essam continueds, “Cloud Practice already has a tremendous standalone and growing business serving thousands of clinicians and millions of patients. The collective ecosystem of over 3,000,000 patients creates an opportunity to become a key player in the telehealth space in Canada”.
Dr. Essam Hamza, CEO of Premier Health, said: “We are ecstatic at the opportunity to build on our patient centric technology platform through the integration of Cloud Practice’s suite of software solutions. They have a strong team of developers who are just as enthusiastic as we are about the future of healthcare. We believe that this partnership will help facilitate our vision of integrating telemedicine, online booking and other premium services with our electronic medical record (EMR) system.”
Yeah and the good news gets better from there: Juno EMR system is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2,870,000 registered patients. ClinicAid processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis
Yeah I think a near future uplisting would make a lot of sense. You also have the HealthVue network with over 100K patients already in the network. Lots of real value here.
CBD market will be the hot button in 2019.
Thats pretty exciting for investors when you consider that other competing CDB infused beverages have a price per bottle of around $7 per bottle and more. We could theoretically be talking about $20 plus million in cash flow on a weekly basis. Could be very significant.
According to the $iNKW TWITTER, the new bottling facility that is being acquired can bottle up to 3 million bottles per week.
$INKW is Pink Current on OTC markets.
Anytime a ticker retires 260 million shares its a good day for investors.
Agreed. This is just some weaksauce after Christmas trading atm. $PHGRF is still quite the young play.
About Premier Health :Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.
Telemedical is definitely the next big twist in the road for primary health care.
I'd be truly surprised if we dont head into the New Year at at least .90 $PHGRF
Ha, that super cheap entry point didnt last for long. Got to keep awake with this one.
Drooling over this line right here: Products include: Juno EMR, a cloud based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal
Juno EMR system is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2,870,000 registered patients
ClinicAid processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis
Anybody want to bet me a sixpack we end green today? That kind of buy in cheap opportunity draws in buyers like great whites to whale carcasses.
Greene Concepts Makes Announcement on Stock Structure and Beverage and Bottling Facility Acquisition Update
GlobeNewswire•December 20, 2018
NEW YORK, Dec. 20, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Greene Concepts, Inc. (INKW) announced today that the Company is working on multiple fronts to further tighten the Company’s common stock share structure.
The Company is currently pursuing additional paths to increase shareholder value as it relates to the Company’s stock share structure. This is in addition to the previous announcement of the retirement of 360 million shares of common stock.
The Company is diligently working towards the finalization of the purchase and acquisition of the beverage and bottling facility previously announced while at the same time placing some additional focus on various means in which shareholder value can be increased as it relates to common stock and share structure.
Please watch for additional information and announcements from the Company via press releases and stay tuned on social media as well. Follow the Company on Twitter @GreeneConcepts
There are currently 673,112,401 shares outstanding of the Company’s common stock.
Lets see if some of that funding is left over for a HealthVue push into USA markets? That kind of streamlining should be a warmly recieved, along with the savings it would bring into the snarled up USA primary care market.
Books are looking great. Zero debt, and some liquid cash left over for few more acquitisions I'd warrant.
$PHGRF combining the ease of telemedical with the timely red hot market demand for CBD products and prescriptions. This is going to be a very Happy New Year for investors to be sure.
Haha, yeah I would tend to categorize that somewhere beyond the "development stage" level. Good for $PHGRF holders to be sure.
Really the Cloud Practice acquisition is a marriage made in heaven for PFGRF:
About Premier Health:
Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are developing innovative health care approaches that combine human skill based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.
About Cloud Practice:
Cloud Practice is a cloud-based software solutions company focused on streamlining medical practice throughout Canada. They offer three products including Juno EMR, ClinicAid and MyHealthAccess. Juno EMR, a modified branch of an open-source electronic medical records (EMR) software which was originally released by McMaster University, is hosted in the cloud and can be accessed anywhere, anytime. ClinicAid is Canada’s easiest medical billing software. MyHealthAccess is an online patient portal which puts patients back in control of their health care through connecting with their clinics and booking appointments online.
That was good news we had last week about the Cloud Practive Acquisition: Premier Health Announces Binding LOI to Acquire Cloud Practice Inc., a National Medical Software Application Company
GlobeNewswire•December 17, 2018
Cloud Practice offers cloud-based electronic medical records software applications for physicians throughout Canada
As per the latest reported financials, Cloud Practice is EBITDA1 positive, resulting in immediate cash flow generation and earnings accretion for Premier Health
Products include: Juno EMR, a cloud based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal
Juno EMR system is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2,870,000 registered patients
ClinicAid processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis
Cloud Practice’s founders, including CEO Jordan Visco, and entire support team, consisting of several software developers and sales staff, to join Premier
VANCOUVER, British Columbia, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Premier Health Group Inc. (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce that as a part of its technology platform, it has signed a binding LOI to acquire all of the outstanding securities of Cloud Practice Inc. (“Cloud Practice”).
Dr. Essam Hamza, CEO of Premier Health, said: “We are ecstatic at the opportunity to build on our patient centric technology platform through the integration of Cloud Practice’s suite of software solutions. They have a strong team of developers who are just as enthusiastic as we are about the future of healthcare. We believe that this partnership will help facilitate our vision of integrating telemedicine, online booking and other premium services with our electronic medical record (EMR) system.”
Dr. Essam continued: “Cloud Practice already has a tremendous standalone and growing business serving thousands of clinicians and millions of patients. The collective ecosystem of over 3,000,000 patients creates an opportunity to become a key player in the telehealth space in Canada”.
Jordan Visco, CEO of Cloud Practice, stated: “We are very excited to be joining a forward-thinking group such as Premier Health. The synergies between our two teams will help enable us to better streamline processes, making healthcare more efficient for all. We are also excited to implement some upcoming new, leading edge applications to make our software the best in the industry.”
Terms of the Acquisition
In consideration for the purchase of all of the outstanding Cloud Practice securities, Premier will pay to the Cloud Practice shareholders total consideration of up to $5 million as follows: (i) $500,000 paid in cash on signing of the binding LOI as a refundable deposit, (ii) $500,000 in cash payable on closing, (iii) $500,000 in cash payable 90 days after closing, (iv) $500,000 in cash payable within six months of the LOI subject to the satisfaction of certain milestones related to the integration of the Juno EMR, and (v) an aggregate of $3 million payable in commons shares of Premier at a price to be determined in the context of the market.
The acquisition is subject to customary closing conditions, including the execution of a definitive acquisition agreement and receipt of Canadian Securities Exchange approval. Closing is expected to occur at or about the end of December.
Footnote
This news release contains references to EBITDA, which is a non-IFRS metric. EBITDA is defined as earnings before interest, taxes, depreciation and amortization. Premier uses EBITDA as it is a common measure used to assess profitability before the impact of interest expense, income taxes, depreciation and impairment of capital assets and amortization of intangible assets. Premier believes that investors and financial analysts also use EBITDA to evaluate financial performance. EBITDA is not a measure of financial performance under IFRS and should not be considered as an alternative to operating income or any other measure of financial performance presented in accordance with IFRS. EBITDA excludes some, but not all, items that affect operating income.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Essam Hamza, MD"
Chief Executive Officer
Agreed: “The role of Cannabis in treating medical conditions is continuously expanding. Our doctors have had success in treating their patients with various ailments from chronic pain to cancer-related symptoms. Unfortunately, there is a gap between the patient’s need for medical marijuana, and the family doctor’s comfort and knowledge to prescribe it. We are looking to fill that gap with various forms of clinics and services to help our patients and healthcare workers,” said Dr. Essam Hamza, Chief Executive Officer of Premier Health."
Lets see if Power H can push us up to green or not.
I think this will run back into green for PH. Time to bust that .80 resistance.
I think you're right. The market is slowly realizing the huge upside potential here for $PHGRF
Wow, this is truly some game-changing news:
As per the latest reported financials, Cloud Practice is EBITDA[1] positive, resulting in immediate cash flow generation and earnings accretion for Premier Health
- Products include: Juno EMR, a cloud-based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal
- Juno EMR system is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2,870,000 registered patients
- ClinicAid processes upwards of $30,000,000 in payments to over 3000 health providers on a monthly basis
The new $INKW bottling plant has 3 million bottle per week bottling capacity. With competitors selling their CBD infused beverages for $8 and up per bottle now do you see why the investor base is a little fanatical about this opportunity?