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NEWS
RENO, Nev., April 7, 2011 /PRNewswire via COMTEX/ -- Visual Healthcare Corp. (the "Company") (NASDAQ OTC: VSHC) announces that its new Lab Automation module is quickly gaining traction with private sector industrial clients. The Company has entered into a preliminary agreement to implement a fully automated quality monitoring suite in the laboratory of a leading bottled water brand in the New York Tri State area. The initial deal is expected to be worth some $1.8 - $2.2 million in the next two years.
The Visual Healthcare Laboratory Automation Platform, originally designed for lab operations and results reporting within a healthcare setting, has been re-engineered as a powerful cross-disciplinary lab automation and quality control system that provides true Quality Assurance.
This reliable advanced laboratory solution could prove critical to those companies whose businesses are now required to move up quality control functions to a much higher level of genuine measurable quality assurance. There is a growing need to run products through more stringent quality control processes, in this case ensuring that millions of bottles of an added value natural water product meet the standards of quality expected by paying consumers.
"The quality of drinking water in the U.S. has come under scrutiny in recent years and we can help the better producers demonstrate the superior quality of their product scientifically," says Chairman Gerard Dab. "We look at the water industry as a key sector in our diversification strategy. This line should enable the company to generate healthy cash flow considering our sunken cost base," concludes Mr. Dab.
This unexpectedly rapid breakthrough into consumer product quality assurance is seen as a validation of a yearlong move to redeploy our technology assets into new industries both in the core U.S. and overseas markets.
ABOUT VISUAL HEALTHCARE
Visual Healthcare Corp., since 1998, designs, creates and develops innovative information platforms, specifically conceived for the automation of a wide range of scientific disciplines. These include pharmaceutical research, clinical trials, laboratory automation, true quality assurance tools, total quality control applications, and quantitative analytic tools such as proprietary frameworks for electronic health records, electronic prescription, infection and disease control, and smart cancer registries. The company's extensive portfolio of proprietary technologies is the result of a unique collaboration between senior clinicians from the McGill University Faculty of Medicine and affiliated tertiary care centers, medical software architects, and a Fortune 100 healthcare service company, investing some $50 million in the process. The Company licenses its technology to operating companies in exchange for an equity stake or a royalty stream. It owns significant stakes in various companies including VisualMED Clinical Solutions Corp. (NASDAQ OTC: VMCS), a leader in the field of electronic health records.
For more information, please visit: www.visualhealthcarecorp.com.
FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
SOURCE Visual Healthcare Corp.
www.prnewswire.com
that was one of the best closes I've seen in awhile
wow, 4K buy at .01
that was me
.04 up on the ask
Are you serious? Highlighting what you say in red doesn't make it so, if you were so all knowing about the rules of the market you wouldn't be holding the bag ... good luck yourself, you are going to need it
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6665193
Under the terms of the Agreement, upon the closing of the Subsidiaries Acquisition, WLS will receive 5,500,000 shares of common stock of URM in exchange for all the outstanding shares of the two subsidiaries of WLS. On a fully diluted basis, the shareholders of URM at closing, excluding the 3,665,118 shares which are to be cancelled, will own approximately 17% of the common stock of URM immediately following closing. Also on a fully diluted basis, WLS will own approximately 37% of the post-merger company’s outstanding shares and the holder of the convertible Series A preferred stock will own approximately 47% of the common stock on a fully diluted basis. In addition, the holder of the Series A and Series B preferred stock will control 60% of the voting control of URM.
This is another subsidiary, haven't seen anything about it either
eBridge Solutions Inc.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20963271
As of June 22, 2006, eBridge Solutions Inc. operates as a subsidiary of World Logistics Services, Inc.
http://www.ebridgesolutions.com/about.shtml
Continuing with our original mission to store business documents online affordably, eBridge Solutions has grown from an office in our founders' apartment to a multi-million dollar enterprise.
$$$$
This company is a WLSV subsidiary, I'm not sure if anyone has mentioned it yet
Logistics Software, Inc.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=43005712
great find, I hadn't seen that
we'd like to think soon with OPT* convertible notes expiring this month and the 10K due , but there is no way of knowing for sure until if and when they file something
mms shaking the tree
15K, almost right on
BMIC, DOMS and HDSN have very few shares imo, imagine how good the L2 will look when they're gone
AUTO is missing, maybe he decided to throw in the towel
fake wall, bet there's 25K at .043 tops
well I'm glad I got them yesterday, I think 100K shares at the ask now would send us to new highs
I think we cleared out the last of the MMs inventory yesterday ... couldn't imagine what would happen with the same type of volume
I think it's a good idea considering how low the float is, and the small number of investors here ... I'd like to see how close we are to locking down all of the freely tradable shares
has anyone checked the delaware sos recently for WLSV?
am I crazy or is someone digging themselves a short position here??? I don't see how there could possibly be any shares left at this level
alright, one more hit
Ha I'm trying, hard to do from the damn phone
I didn't even get those, for whatever that's worth
going to class, there are 50,000 at .03 if someone wants to give them to me
that's as good as I can do, I never intended to buy shares anywhere near this price range but greed is getting the best of me
I didn't find anything for Kamicca Williams on google either. I figured maybe military personnel sign with their middle name
maybe K Williams is this guy
http://www.dscc.dla.mil/downloads/bios/commander.pdf
these partials are making my head spin ... I added 10K
ha that's not what I said ... what I'm saying is that some stocks have a disconnect between the stock price and the company performance
the performance of a stock doesn't always reflect the merit of the company, you are about to learn that the hard way ... GLTU, have a nice day
Out of curiosity, why does it matter? I'm legitimately asking, as I've owned stock here for a couple of years and have seen the fuss made on this board ... If this is dead for good as you say then there isn't any need to berate shareholders hoping for reinstatement if they will never be able to buy or sell their shares again
that must be why they expanded the share structure of OPTZ and reduced WLS* ...
I don't think either ever had any shares, they were just trying to catalyze some selling
the bid is really thinning out over there
I doubt he gets anything
I'll give it a love tap
if charles schwab hadn't mixed up my paperwork I would've had the powder in time to steal it, what a shame
the rest of that order at .02 didn't fill until I put my bid at .02, but I didn't get them ... I wonder who did
can anyone make sense of this?
The Registrant was incorporated in the state of Delaware as UNITED RESTAURANT MANAGEMENT, Inc. on August 10, 2005. On June 30, 2009, pursuant to the terms of the Exchange Agreement discussed in Item 2.01 above, the Registrant acquired World Logistics, and its wholly-owned subsidiary, FL & OTSI This transaction was accounted for as a “reverse merger” with World Logistics deemed to be the accounting acquirer and the Registrant as the legal acquirer. Consequently, the assets and liabilities and the historical operations that will be reflected in the financial statements for periods prior to the Share Exchange will be those of World Logistics’ and its operating subsidiary, FL & OTSI and will be recorded at the historical cost basis of World Logistics and its subsidiary FL & OTSI. After the completion of the Share Exchange, the Registrant’s consolidated financial statements will include the assets and liabilities of both FL & OTSI, as well as the historical operations of FL & OTSI.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6817287