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Then you're talking BOOM-town and $SIMH trading close to a $DOLLAR$.
Yes sir it is.
I'm sure, this government loves getting their taxes.
They will, easy $$$$ here with $SIMH.
This administration is more relaxed a drug approvals.
Did you buy $AMMX near the lows?
Yeah, they have some smart minds running the company.
Every time they acquire a new company, they are diversifying even more.
Yeah, now they even take liquid and some are even disposable.
Yeah, they most likely will buy up a few other hot pharma companies.
Yeah they are looking pretty good.
Nice plays roberts.
You can find them all on the $SIMH site and click on them.
Business Description
Sanomedics International Holdings, Inc. (SIMH) manufactures and distributes innovative professional medical, as well as, home health diagnostic devices and products.
Address: 444 Brickell Avenue, Suite 415, Miami, FL 33131
Telephone: (305) 433-7814 Website: www.sanomedics.com
Fax: (305) 433-5129 Email: info@sanomedics.com
Details
CEO:
Issue Type: Common Stock
Auditors: Mallah Furman P.A.
Industry Classifications
Sector: sector
Industry: industry
Sub-Industry: sub-industry
NAICS: NAICS
SIC: SIC
Sanomedics International Holdings, Inc. (OTCQB: SIMH)
Sanomedics International Holdings, Inc. (SIMH) manufactures and distributes innovative professional medical, as well as, home health diagnostic devices and products. As a pioneer in the trend toward preventive medicine, Sanomedics’ goal is to act as a bridge between the high-technology medical world and the home healthcare environment. All Sanomedics professional and home healthcare diagnostic products are designed to be easy to use while providing a high degree of health benefits and accurate results.
Company News
Sanomedics International Holdings, Inc. appoints new Chairman of the Board and installs new Director of Business Development.
Sep 11 2013, 7:57 AM EDT
Sanomedics Announces Completion of Prime Time Medical Acquisition
Sep 3 2013, 6:57 AM EDT
Sanomedics Receives Financing for Working Capital and Acquisitions
Aug 26 2013, 6:53 AM EDT
Sanomedics Signs Definitive Agreement for Acquisition of a prominent Texas based Sleep Services company.
Jul 11 2013, 6:57 AM EDT
Sanomedics Signs Definitive Agreement to Acquire Prime Time Medical
Apr 29 2013, 6:53 AM EDT
Sanomedics International Holdings, Inc. to Acquire Prime Time Medical, Inc.
Apr 18 2013, 1:56 PM EDT
Mr. William Lerner, Esq. nominated to the Board of Directors of Sanomedics International Holdings, Inc.
Mar 8 2013, 6:55 AM EST
Sanomedics International Holdings Announces the appointment of David C. Langle, CPA as Chief Financial Officer of the firm
Jan 10 2013, 12:55 PM EST
Sanomedics Signs Letter of Intent to Acquire East Coast Based Durable Medical Equipment Business
Dec 19 2011, 12:00 AM EST
Sanomedics Signs Letter of Intent to Acquire Large Sleep Disorder Service Based Operation
Dec 12 2011, 12:00 AM EST
Thermomedics
Thermomedics, Inc. designs, develops and markets medical diagnostic equipment for professional healthcare providers. Our products are professionally designed for use in a wide range of medical settings, providing nearly instantaneous diagnostic information. Our goal was simple from the start. We wanted to build the best equipment and bring cutting edge technology to frontline medical professionals… Ease of Use…Peace of Mind…
Anovent
Anovent has crafted a unique vision for the future of Ear, Nose and Throat (ENT) physicians and their sleep disorder patients based on our:
Identification of specific market opportunities
Understanding of evolving medical profession dynamics
Development of multiple technology platforms
Sales & Marketing
Sanomedics products are available through a variety of medical supply distributors. Please contact us for more information.
Growth & Acquisitions
We plan to grow our business organically and through strategic acquisitions related to sleep disorder diagnosis and treatment via products and services. We seek to acquire sleep therapy service operating businesses that can be integrated into our operations. We will also seek acquisition and development opportunities related to other aspects of the sleep disorder marketplace. The Company will expect all acquisitions to be accretive to its earnings and fully integrated within ninety days of closing.
Company Overview
Sanomedics International Holdings, Inc. is a medical technology holding company that focuses on game changing products, services and ideas – a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. We plan to grow our existing business organically and through strategic acquisitions specifically relating to sleep disorder diagnosis treatments. Sanomedics seeks to acquire sleep therapy operating businesses and our strategy is to integrate a portfolio of world-class products and service providers in the growing Sleep Apnea market. Our goal is to provide Sleep Apnea patients with a reliable and integrated “end-to-end” service platform.
Sanomedics Receives Financing for Working Capital and Acquisitions
Sanomedics Receives Financing for Working Capital and Acquisitions
Download PDF
MIAMI, Aug. 26, 2013 /PRNewswire/ -- Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"), a medical technology holding company that focuses on game-changing products, services and ideas, announced today that it has entered into a financing term sheet with MC Healthcare Finance LLC for a total $5,000,000 Credit Facility, consisting of a $3,000,000 revolving line of credit and a $2,000,000 term loan. Use of proceeds from this transaction will be for working capital and to complete two targeted acquisitions. The financing is subject to the Lenders due diligence and a further commitment agreement and expected to close on or before September 30, 2013.
Keith Houlihan, Co-founder and President of Sanomedics, stated, "This financing is a major step in our success and a further endorsement of the plans we have for the future. The proceeds will permit us to move forward in our plans to close our two targeted acquisitions Prime Time Medical, Inc. and Duke Medical LLC."
About Sanomedics International Holdings, Inc.
Sanomedics International Holdings, Inc. (OTCQB: SIMH) is a medical technology holding company that focuses on game changing products, services and ideas – a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. We plan to grow our existing business organically and through strategic acquisitions specifically relating to sleep disorder diagnosis treatments. Sanomedics seeks to acquire sleep therapy operating businesses and our strategy is to integrate a portfolio of world-class products and service providers in the growing Sleep Apnea market. Our goal is to provide Sleep Apnea patients with a reliable and integrated "end-to-end" service platform. (www.sanomedics.com)
About MC Healthcare Finance
MC Healthcare is a healthcare specialized lender offering asset-based financing to lower middle market companies in all segments of the healthcare industry including hospitals, nursing homes, home health service providers, durable medical equipment manufacturers, pharmaceutical laboratories, laboratory testing companies, physician practices, psychological and substance abuse facilities. MC's Healthcare's focus is on direct lending and servicing asset-based loans functioning as both a principal lender and as a lending partner to community and regional banks. Monroe Healthcare is an affiliate of Monroe Capital LLC (www.monroecap.com).
Forward Looking Statements
This press release may contain statements which constitute forward-looking statements, including statements regarding the intent, belief or current expectations of the Company, its directors, or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties (for example, the risk that the financing referred to above will not be consummated and the acquisitions of Prime Time and Duke are not consummated), and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The Company's periodic filings with the Securities and Exchange Commission should be viewed for a complete understanding of risk and uncertainty.
Contact: Keith Houlihan, 305-433-7814, info@sanomedics.com
SOURCE Sanomedics International Holdings, Inc.
Released August 26, 2013
Sanomedics International Holdings, Inc. (SIMH)
Sanomedics International Holdings, Inc. (SIMH) manufactures and distributes innovative professional medical, as well as, home health diagnostic devices and products. As a pioneer in the trend toward preventive medicine, Sanomedic’s goal is to act as a bridge between the high-technology medical world and the home healthcare environment. All Sanomedics professional and home healthcare products are designed to be easy to use while providing a high degree of health benefits and accurate results.
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Business Summary
Sanomedics International Holdings, Inc. designs, develops, markets, and distributes a line of non-contact infrared thermometers. The company offers its products for children, pet dog, and professional markets. Sanomedics International Holdings markets its products under Sanomedics and ThermoPet brand names in North, Central, and South Americas. The company sells its products principally on the Internet on Amazon.com; and ThermoPet branded products in the online catalogs of Frontgate.com and Hammacher.com. It also sells its products through a distributor, commissioned independent sales representatives, and resellers. The company serves healthcare providers market, which include physician?s offices, medical clinics and nursing homes, and other long-term care institutions. Sanomedics International Holdings, Inc. is based in Miami, Florida.
Which ones?
MIAMI, Sept. 3, 2013 /PRNewswire/ -- Sanomedics International Holdings, Inc. (SIMH) ("Sanomedics"), a medical technology holding company that focuses on game-changing products, services and ideas, today announced that it has completed the previously announced acquisition of Prime Time Medical, Inc., of Largo, Florida ("Prime Time") for a total purchase price of $3,100,000, effective August 30, 2013. The closing price was amended to include the issuance of 531,250 common shares of Sanomedics, $1 million in debt, and $1,250,000 cash consideration with $400,000 paid through closing and the balance of $850,000 in a promissory note payable within 30 days.
Keith Houlihan, Co-founder and President of Sanomedics, stated, "We are very excited about this acquisition, as the completion of this acquisition marks a significant milestone in Sanomedics' high growth strategy of acquiring and integrating positioned medical equipment providers with Anovent in today's ever demanding Sleep Apnea vertical."
About Sanomedics International Holdings, Inc.
Sanomedics International Holdings, Inc. (SIMH) is a medical technology holding company that focuses on game changing products, services and ideas – a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. We plan to grow our existing business organically and through strategic acquisitions specifically relating to sleep disorder diagnosis treatments. Sanomedics seeks to acquire sleep therapy operating businesses and our strategy is to integrate a portfolio of world-class products and service providers in the growing Sleep Apnea market. Our goal is to provide Sleep Apnea patients with a reliable and integrated "end-to-end" service platform.
About Prime Time Medical, Inc.
Prime Time Medical, Inc., is a leading Durable Medical Equipment (DME) provider of home medical equipment with products such as power wheel chairs and scooters specializing in complex rehab products, respiratory equipment including oxygen concentrators and nebulizer compressors, diabetic supplies, hospital beds, bariatric equipment, walkers, CPMs, commodes, manual wheel chairs and support surface products for wound care management, servicing consumers throughout West Central Florida and aggressively expanding throughout the state.
Health Care Facts:
Americans spent $2.6 trillion on health care in 2010 -- ten times more than in 1980.
Home Health Care services as per May 2012 by The United States Department of Labor estimate that almost 3 million are employed full time in the United States. On a whole by 2020, the ranks of home health and personal care aides will have swelled by more than 6 million jobs from 2012, according to the Bureau of Labor Statistics and growing at twice the rate of the national economy.
About 4% of U.S. adults aged 20 and over used sleep aids in the past month.
One in six adults with a diagnosed sleep disorder and one in eight adults with trouble sleeping reported using sleep aids.
According to estimates, 50–70 million Americans suffer from sleep disorders or deprivation, which can not only hinder daily functioning, but can also adversely affect their health. (Reference: Yinong Chong, Cheryl D. Fryar, and Qiuping Gu are with the Centers for Disease Control and Prevention's National Center for Health Statistics, Division of Health and Nutrition Examination Surveys.)
Forward Looking Statements
This press release may contain statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the intent, belief or current expectations of the Company, its directors, or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The Company's periodic filings with the Securities and Exchange Commission should be viewed for a complete understanding of risk and uncertainty.
Contact: Keith Houlihan, 305-433-7814, info@sanomedics.com
Sanomedics Announces Completion of Prime Time Medical Acquisition
Just like Warren Buffet says. "Buy when others are selling, sell when others are buying".
$SIMH looks good for a BIG bounce this week.
Lots of potential.
I have a grand to throw in, wish I had an extra 5K, I would throw in at least half of it.
Very well stated.
Good idea, take advantage of the $SIMH lows.
If someone said, "I will give you a DOLLAR for each quarter you give me", would you jump at that? Pretty much what SIMH is doing. Each share bought at a quarter can be sold for $1.00 later on in my opinion.
Place your bid early, news will send $SIMH shares flying.
$SIMH is a steal at .25
True, very true.