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Yep, still 2 questions:
1. Why they couldn't explain it from the beginning in a clear PR?
2. Where is Quarterly Report?
Finally some answers:
Hi Solidgold ,
Easy to answer.
Medify International and Medify Asia, the 2 planned subsidiaries will have a contract under which a portion of the sales will be repatriated to the holding company (MFYS). It is very common that the subsidiaries pay a license fee to the holding company.
Usually, the holding company holds 100% of its subsidiaries shares. Here, we are going to have the holding company owning 75% of its subsidiaries’ shares (or more) and the rest of the shares being in the hands of the present shareholders of MFYS. And the shares are listed, to the benefit of the shareholder of MFYS today.
As MFYS holds more than 75% of its subsidiaries shares, it retains control over them, and can consolidate all the income into the MFYS accounts.
In other words, you are getting a free nice amount of cash into your hands through the ownership of these new shares. A gift for all the patient shareholders. Obviously, the idea is to get all the existing shareholders to buy some more shares, or at least not to sell them. Our goal is then to find new layers of buyers into the stock.
Best regards,
Sean Kelly
President
Email sean.kelly@stocktargets.com
Web www.stocktargets.com
36, boulevard Helvétique
1207 Geneva, Switzerland
Mob +41 79 203 7124
Tel +41 22 700 7648
Fax +41 22 700 7362
Skype sean.kelly
--------------------------------------------------------------------------------
De : Jonathan Bryant [mailto:jonathanbryant@btconnect.com]
Envoyé : Friday, May 19, 2006 7:58 AM
À : Sean Kelly
Objet : Fw: subsidiaries
Hi,
I am travelling today so do you want to deal with this?
----- Original Message -----
From:Solidgold
To: jbryant@medifysolutions.com
Sent: Friday, May 19, 2006 5:07 AM
Subject: subsidiaries
Sorry Jonathan,
But still don't understand how the parent company will benefit directly from subsidiaries (real money paid). Please explain. Also, where is Quarterly Report ?
Thank you,
Solidgold
Just send another e-mail:
Sorry Jonathan,
But still don't understand how the parent company will benefit directly from subsidiaries (real money paid). Please explain. Also, where is Quarterly Report ?
Thank you,
Thank you, Clancy. I thought that I was the only one who couldn't understand Jonathan's English.
Verylong, please, how the parent company will benefit from subsidiaries financially direct or inderect? In plain Eglish please.
I just send my e-mail to Medify:
Hello, Jonathan, Trevor and Co.,
I want you to know how extremely disappointed I'm as being your co's shareholder from the 1st day, consistently buying more on dips ( dips have been coming in easy and at new lower level) and trying really hard to maintain my strong believe in you and your company.
Your inability to deliver as promised or projected on anything including Quarterly Reports, clear and honest PR's, pilots, PPS and up listing puts a big ? on your present and future plans for the company in my mind.
I cannot speak for other people, but many long time shareholders of yours are very disappointed in you.
You have to take extra measures if you want to keep up of a little hope your truly still have.
Regards,
Bravo Dwudman, FINALLY a post of the true investor.
Does anyone know where in UK Trevor and Jonathan are?
Medify drops another 25% ON "GOOD news" and no Quarterly Report
after Sharks elimination. It is 50% down if you bought @.12 and
96% drop from 1.55. ( Verylong would call it "manipulation"). Trevor and company, you lost my trust!
Why not to attend if you want to capture the world:
European 'Connect-a-thon' tests interoperability
18 May 2006
Over 60 healthcare software companies and organisations from all over the world have gathered together in Spain to test the interoperability of their systems.
A total of 700 combinations of system and 1600 tests were carried out over four days in Barcelona in a yearly European 'Connect-a-thon', organised by Integrating the Healthcare Enterprise in Europe (IHE Europe).
The results, published on the IHE Europe site this week, show PACS and radiology software vendors did particularly well. AGFA Healthcare came out top with 38 gold stars, with Austrian healthcare software company Tiani-Spirit came second with 32 successes.
UK-based companies that also had integration success include iSOFT, which earned 12 stars across the laboratory and patient administration profiles, and Initiate Systems UK, which won three stars in patient demographics.
James Wilkinson, UK Services Director, Initiate Systems UK, kept a Connect-a-thon blog exclusively for E-Health Insider. See "Inside the Connectathon Shed" at the end of this report.
IHE Europe allowed software vendors to attempt to connect their systems with up to ten 'integration profiles', set by the organisation, in sectors such as radiology, laboratory systems, patient administration and infrastructure.
Participants then tried to carry out various common tasks, such as admitting a patient or printing out an image, and gold stars were awarded for successful implementation of the profiles.
IHE Europe, a not-for-profit initiative, was set up by the European Association of Radiology (EAR) and the European Coordination Committee of the Radiological, Electromedical and Medical IT Industries (COCIR).
The organisation develops its integration profiles in order to better international healthcare data standards and establish common frameworks that are rigid enough to need specific needs, but flexible enough to allow development. Software companies that participate in the Connect-a-thon can use the results to show compliance with these integration profiles.
Two Connect-a-thons are currently held every year, one in Europe and one in North America. An extra one was held in Japan in 2004.
Results of the Connect-a-thon can be downloaded from IHE Europe's site at http://www.ihe-europe.org
Inside the Connectathon Shed
with James Wilkinson, UK Services Director, Initiate Systems UK
The recent IHE (Integrating the Healthcare Enterprise) Connectathon in Barcelona saw almost 300 of us crammed into a very large concrete shed or by its more usual name, the La Farga Convention Centre. This momentous event saw some of the best technical brains in Europe come together to try toprove that their system can talk to as many other solutions as possible, with each conforming to the IHE standards for interoperability.
The European healthcare community has been quick to recognise the advantages of the IHE approach for providing a common technical framework that describes how existing standards should be implemented by multinational and indigenous vendors. IHE makes it possible for each vendor’s implementation to be compatible with other vendor’s implementations – crucial in today’s integrated healthcare environment.
So there we were – technical bods from over 70 European companies, with 100s of laptops, servers and bits of kit and with enough brainpower in the room to power a small planet. Trying to get our PIX to talk to his PDQ, and their PAMs to link to his ATNA… while all the time Eric’s yellow T-shirted IHE team buzzed around to verify that we were all achieving what we’d said we’d done. Now I’m reliably informed that we’re a PIX as we’re in the job of Identity Management, so we had to talk to a whole raft of vendors, particularly as individual record identification, name de-duplication and record consolidation is a vital platform for all electronic patient record applications.
There were many early starts and much overnight C-compiling work done in lots of hotel rooms over the weeklong event to make it all happen and achieve the coveted Gold Stars vital for world-class interoperability and I’m pleased to say we achieved three Gold Stars.
For Initiate, we had ‘our man from Havana’ – well actually Chicago – who was already a Connectathon veteran having successfully got us through our USA accreditation with flying colours earlier in the year in California. But just to make his job a bit more exciting (as if anybody could need more excitement) his laptop blew up on Monday morning containing the full server implementation of our Initiate Identity HubTM software. So before we could do anything he had to rebuild it, which he did with remarkable cool, and – thankfully - very successfully by Wednesday morning.
When you think about the issues and problems of integrating systems from multiple vendors in the United States with unique standards and proprietary protocols, remember that for the most part they speak the same language. The European community, however, is quite another matter. Here we had different people from France, Germany, Spain, UK, Italy and Norway… all trying to communicate in English and then talk technical.
On the whole the event worked extremely well and throughout the week there was a very active buzz of people getting things done and being successful. There were lots of competing organisations collaborating freely and working very well together - you could tell the sales people weren’t there!
The goal of the IHE is to stimulate integration of healthcare information resources to improve clinical care. It aims to make ‘clinical information that is captured in one vendor’s application available to the clinician using other integrated applications in a single cooperative view’.
With the imminent dawn of national EHRs throughout Europe the role of the IHE will be invaluable. The organisation creates a safe and secure ecology for information sharing that is absolutely vital if we are all to move forward. We left the event feeling quietly confident and very pleased with the contacts we’d made and with what we had achieved.
Good morning. I have a feeling that QR will be coming today.
If not than my trust in Medify will tremendously decrease.
Picards, well done. I "signed" it too.
Even G.. speculated by creating a woman for a man.
This is just my speculation, but I think that all discussions on the boards about dividends put Medify in delay mod on release of Quarterly Report. Apparently we are not as smart as they thought we are. LOL
Dear Herbie, please look again, I posted all chain:
1.5/12 from me to Trevor:" Trevor, please explain..."
2.5/13 from Jonathan to Sean: "Hi, As the lead PR man..."
3.5/15 from Sean to mel: " Dear ..., Thank you for your question. ..."
Cheer up, it just our money.
Guys and girls, if you really want me to send them another e-mail, I will. Let me know.
Your's always,
Solidgold
Herbie, my post #5680 has all information you are asking for.
I didn't post it anywhere else.
You are welcome: jbryant@medifysolutions.com
Verylong, it is all doesn't matter. PPS @ .08, (good)news and no serious byers! No QR and clarification from company so if someone wants TO SPECULATE I don't care. You don't call the company or send e-mail every 2nd day. If you feel that you have to than something is wrong ever with company or youself.
Flaflyersfan, very good post. It took me some time to figure it out for myself.
Verylong: "Where does it say that there will be dilution?"
Are you killing me? Who ever say it?
Does it make sense to show cotracts/revenues after dividing/adding of the companies if it's anything to show?
IMHO it does.
Good morning my friends. Sorry, no QR yet. No, still didn't bug anyone and not planning to. As for speculations I am not going to and will wait for more info. But still have my opinion that we are leading toward dividing. Is it good or bad: only contracts and revenues can tell.
"Then the question is: 'is the new division and its subsidiaries going to take away anything from the MFYS price as we know it? Hell no, its already in the" TOILET!
See no reason to bug them any more.
Trevor's responce to my e-mail from 5/1/06:
Quarterly Investor update will be published soon, so all investors receive information at the same time rather than individually as you, and others, are asking.
Regards
Clancy, being for 20 years in financial services myself at this point unfortunately I have to agree with you. It's clear and simple just as I said before 0/1=0/3=0. Plus no respect to shareholders.
Shaikh,Nabeel sold 800,000 shares at good old price of .11 PPS
on Apr.27, 2006 ( just came from Vickers Stock Research).
I hope HE was wrong or stupid.
Or to check spelling.
Well, it will be corrected anyway.
It just takes time to list all the contracts and revenues coming.
Ya, where is the report, Dwudman?
O'k, I'm still working on it.LOL
QUARTERLY REPORT
is still waiting for.
Dwudman, funny is that I knew you are going to coment on it.
Don't worry, I'm not taking on your position on this board ... yet, nor "ether splitting it but just adding on for existing shareholders".
Good morning and more news:
Press Release Source: Medify Solutions Limited
Medify International Ltd to float Medify Asia
Tuesday May 16, 9:51 am ET
GATESHEAD, UK, May 16 /PRNewswire-FirstCall/ - Medify International Limited, a wholly owned subsidiary of Medify Solutions Limited (US), is to float a dedicated operation in the UAE.
Due to huge demand and interests in the Medify proposition, the International division of Medify Solutions Limited (US) and the Board decided that to maximise the opportunity granted to Medify in the UAE, the company would set up and float an operation based out of the UAE to manage and deliver its Asian business.
The company will be set up to deliver the Medify Suite of products and follow the same proven principles as demonstrated in the UK. This company will be used as the benchmark and gold standard for all future operations in the Global market place. This exciting development will allow Medify to take a lead in Global healthcare and set the standards.
The set up company, as with all others, will be a self financing and managing entity, reporting to the Board of Medify Solutions Limited (US). As with the Medify International float, all existing shareholders at the time of the float will receive a share for share dividend with the company being floated on the Dubai Board of Exchange.
Jonathan Bryant, Executive Chairman, said: "The continued demand and interest in the Medify proposition globally is immensely encouraging and significant. Again as a company we can not only deliver to our customers the proven benefits of MedfiyRemote, but we are enabled through their belief, to set up dedicated teams to deliver in situ in each and every country and continent. This demand not only allows us to ensure the success of our business globally, but it allows us to reward the patience and belief shown by those who invested in Medify Solutions Limited (US). As a company we have made significant steps forward in delivering the business in the UK, Italy and now the UAE which for our shareholders is not only good news, but directly results in increased shareholding, which to date is now 3 times any investment held from May 2006, at no additional cost. I truly believe the company is at the threshold of commercial success and the latest floatation announcement, from my perspective, has proven and justified the Board's decision to re-structure the company".
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Medify Solutions Limited, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
--------------------------------------------------------------------------------
Source: Medify Solutions Limited
Distant, QR for the 1st quater is supposed to be tomorrow.
Only Quarterly Report should put some light on it.
Medify shareholder's pass time: sit and wait.
Favorite game: guessing game.
Level of religion: pray and pray everyday.
Yep, we got enough pilots, now it's time to fly.
The contracts and revenues are the key words.
Everything else is secondary.
Captain, totally agree with you and holding long.