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Nice solid trading day, nobody has lost any money here. Nice and green, if you got in early you made some nice cash! Now lets get this thing at 0.0009 and above
They reguarly release filings through EDGAR several times a year, consistently.
Northstar announces manufacturing and distribution deals signed for first medical marijuana product
Date : 06/05/2014 @ 8:00AM
Source : PR Newswire (US)
Stock : Northstar Global Business Services, Inc. (PC) (MDIN)
Quote : 0.0008 0.0003 (60.00%) @ 11:23AM
Northstar announces manufacturing and distribution deals signed for first medical marijuana product
Northstar Global Business Services, Inc. (PC) (USOTC:MDIN)
Historical Stock Chart
3 Months : From May 2014 to Aug 2014
HOLBROOK, N.Y., June 5, 2014 /PRNewswire/ -- Northstar Global Business Services, Inc., Symbol (OTCPink: MDIN) today announced that it has executed an agreement with Kush Creams, one of the leading Medical marijuana growers and distributors based out of Washington state, to not only manufacture Northstar's first medical marijuana product, Snorenz Medicated©, but also to distribute the product to marijuana dispensaries throughout the State.
The deal has Kush Creams starting a significant manufacturing run immediately, in order to have enough inventory for the initial orders. It is expected that approximately a hundred dispensaries will start out carrying Snorenz Medicated, and that number is expected to grow significantly as the product begins to capitalize on Snorenz's existing brand awareness. Once dispensaries that already carry various Kush Creams products see that Snorenz Medicated is available, it is fully expected that the penetration of the market will increase very quickly.
Northstar maintains that its research has shown that many legal marijuana users are already taking some form of Marijuana at night in order to relax and sleep better. Adding THC (the chemical compound contained in marijuana that causes intoxication) to the popular Snorenz formula, not only delivers a good dose of THC, but also lubricates the throat, helping with the "dry mouth" often associated with marijuana, as well as the normal anti-snoring benefits that have made Snorenz Northstar's biggest seller.
"We think this is a home run for Northstar. Not only are we getting a foot in the door of an emerging industry that measures in the tens of billions of dollars per year, but we are also tapping into a very specific and dedicated demographic to introduce our anti-snoring products in a way that will help grow the brand," said Justin Sindelman, Northstar's CEO. Sindelman went on to say, "Snorenz customers will greatly benefit from the added effects of THC. The fact that we are infusing an already popular product with the potent power of THC, and not creating just another Marijuana product, is the precise reason why this is groundbreaking. I think we are really making history, and leading the way for all supplement and food product companies that feel they have something to contribute to this explosive market."
Shareholders can hear more about the new products and the partnership with Kush creams on Monday June 23rd, at 6:30 PM EDT on the Pot Stock Radio. Mr. Sindelman will be interviewed along with Megan Schwarting from Kush Creams. Both companies look forward to giving everyone a little insight on the strategy, business model and goals moving forward.
About Northstar
Northstar Global Business Services is dedicated to producing the best alternative healthcare products to the world. The company's products include Snorenz®, Good Night's Sleep®, Stem-Intense, and more. Most of the company's products use a unique or patented spray delivery system, and all have received rave consumer reviews all over the world, selling millions of units from 1996 to the present. www.medgeninc.com.
About Kush Creams:
Kush Creams is a nationwide leader and industry pioneer in medical cannabis topical pain relief. Founded in 2010 in Washington state, the company has quickly and successfully grown to serve the the thriving medical marijuana marketplace and the newly emerging legal cannabis market. Kush Creams currently manufactures an extensive line of over the counter and prescription strength products and has won over a dozen industry awards. www.kushcreams.com.
DISCLAIMER
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Investor Relations
Investors@medgeninc.com
877-571-4387
SOURCE Northstar Global Business Services, Inc.
Copyright 2014 PR Newswire
Love marijuana stocks!
They have legal counsel. Do they release 10ks?
First off, lets get this back to the HOD of 0.009!
ICD9 is available now. ICD10 will be available in 2015. ITEN's share price will only increase as we get closer to the availability and release date of ICD10.
Now that we have confirmation that Ira Shapiro, the cormer CEO is in jail, the share price should rise even quicker. We also have confirmation that Mr Diego, the Former CFO who had resigned following disgust after what Mr Shapiro had done, has decided to come back because he believes in the company and products (ICD9 & 10). They want to get this rolled out and meet the Oct 1 deadline.
The original ITEN board is coming back! They believe in the company, minus the scumbag crooked CEO Ira Shapiro, who is out for good.
Also, ITEN as of 8/14/2014, has secured additional financing, which means there is no threat of suspension. Outside companies, financing and equitity firms are not afraid to lay some money down as a short term investment in ITEN, they will make their money back as they have a real product, and as stated above, they have their core team coming back because Sharon Franey, the new lead for CodeSmart Group, who will most likely be named our new CEO between now and probably Monday, has been reshaping the company since early July.
Obama-Care "ACA" is supported by -CodeSmart Holdings Inc., to which Codesmart Holdings Inc., is to provide medical coding training required by the Affordable Care Act."
CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
Provides Medical Coding Tradining Rrequired by the Affodable Healthcare Act to make the following Health Care Insurance companies function:
1.Umana (HUM)
2.Cigna (CI)
3.WellPoint (WLP
4.Aetna (AET)
5.UnitedHealth (UNH)
The differences between ICD-9 and ICD-10 are significant, for example, ICD-10 has seven alpha-numeric characters and totals over 155,000 possible codes, while
ICD-9-CM codes are only three to five numeric digits and total approximately 14,000 codes. Given these increased number of codes, greater number of potential characters per code, and increased code specificity, it will require significant planning, training, and upgrades industry-wide for the transition to be made by the October 1, 2014 deadline. The penalty providers will receive for submitting an incorrect code for reimbursement: non-payment of the claim.
ICD-10 will impact every aspect of a healthcare provider’s organization. It will require a massive wave of system reviews, new medical coding or extensive updates to existing software, and changes to many system interfaces.
ICD-10 implementation has the potential to be so profound that it will touch all operational systems and procedures of the core payer administration process and the provider revenue cycle. Also, there will be huge talent gap because of ICD-10. Productivity of coders will drop by over 50% like it did in other countries who transitioned to ICD-10.
Additionally, 40 million new patients are coming into the system because of the Patient Protection and Affordable Care Act (Obamacare).
All of this results in a huge vacuum of talent in medical coding and there will be a shortage of over 4 million medical coders over the next few years.
The need to educate the entire healthcare industry and bring over 4 million people into coding will create an ongoing and sustainable business for on-line ICD-10 education programs like CodeSmart University and create the need for outsourced coding in a big way. In addition, to remain certified, coders will need continuing education every year and there will be constant changes to ICD-10 over the next 10 plus years.
A study recently conducted on 63 hospitals by The Lott QA Group, one of CodeSmart’s strategic partners, revealed that 73% of the ICD-9 coding was inaccurate.
ICD-10 will only multiply the problem exponentially. The OIG (Office of the Inspector General) says medical coding needs to be 95% accurate, this all translates into loss of revenue or a compliance problem, the shortage of coders will be monumental as many will retire and the remaining coders will have to specialize. Every healthcare provider will have to outsource a portion or all of their ICD-10 transition to a consulting company who specializes in ICD-10.
CodeSmart is a leader of only a handful of companies uniquely positioned to provide the whole continuum of necessary solutions in ICD-10 to healthcare providers
CD-09 is available now. ICD-10 will be available in 2015. ITEN's share price will only increase as we get closer to the availability of ICD-10.
Obama-Care "ACA" is supported by -CodeSmart Holdings Inc., to which Codesmart Holdings Inc., is to provide medical coding training required by the Affordable Care Act."
CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
Provides Medical Coding Tradining Rrequired by the Affodable Healthcare Act to make the following Health Care Insurance companies function:
1.Umana (HUM)
2.Cigna (CI)
3.WellPoint (WLP
4.Aetna (AET)
5.UnitedHealth (UNH)
The differences between ICD-9 and ICD-10 are significant, for example, ICD-10 has seven alpha-numeric characters and totals over 155,000 possible codes, while
ICD-9-CM codes are only three to five numeric digits and total approximately 14,000 codes. Given these increased number of codes, greater number of potential characters per code, and increased code specificity, it will require significant planning, training, and upgrades industry-wide for the transition to be made by the October 1, 2014 deadline. The penalty providers will receive for submitting an incorrect code for reimbursement: non-payment of the claim.
ICD-10 will impact every aspect of a healthcare provider’s organization. It will require a massive wave of system reviews, new medical coding or extensive updates to existing software, and changes to many system interfaces.
ICD-10 implementation has the potential to be so profound that it will touch all operational systems and procedures of the core payer administration process and the provider revenue cycle. Also, there will be huge talent gap because of ICD-10. Productivity of coders will drop by over 50% like it did in other countries who transitioned to ICD-10.
Additionally, 40 million new patients are coming into the system because of the Patient Protection and Affordable Care Act (Obamacare).
All of this results in a huge vacuum of talent in medical coding and there will be a shortage of over 4 million medical coders over the next few years.
The need to educate the entire healthcare industry and bring over 4 million people into coding will create an ongoing and sustainable business for on-line ICD-10 education programs like CodeSmart University and create the need for outsourced coding in a big way. In addition, to remain certified, coders will need continuing education every year and there will be constant changes to ICD-10 over the next 10 plus years.
A study recently conducted on 63 hospitals by The Lott QA Group, one of CodeSmart’s strategic partners, revealed that 73% of the ICD-9 coding was inaccurate.
ICD-10 will only multiply the problem exponentially. The OIG (Office of the Inspector General) says medical coding needs to be 95% accurate, this all translates into loss of revenue or a compliance problem, the shortage of coders will be monumental as many will retire and the remaining coders will have to specialize. Every healthcare provider will have to outsource a portion or all of their ICD-10 transition to a consulting company who specializes in ICD-10.
CodeSmart is a leader of only a handful of companies uniquely positioned to provide the whole continuum of necessary solutions in ICD-10 to healthcare providers.
One bad CEO does not spoil this barrel! They have many employees, government contracts and software and operating costs!!
Looking like we might break .010-015 today!
Could someone sticky 1446
ICD-09 is available now. ICD-10 will be available in 2015. ITEN's share price will only increase as we get closer to the availability of ICD-10.
Obama-Care "ACA" is supported by -CodeSmart Holdings Inc., to which Codesmart Holdings Inc., is to provide medical coding training required by the Affordable Care Act."
CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
Provides Medical Coding Tradining Rrequired by the Affodable Healthcare Act to make the following Health Care Insurance companies function:
1.Umana (HUM)
2.Cigna (CI)
3.WellPoint (WLP
4.Aetna (AET)
5.UnitedHealth (UNH)
The differences between ICD-9 and ICD-10 are significant, for example, ICD-10 has seven alpha-numeric characters and totals over 155,000 possible codes, while
ICD-9-CM codes are only three to five numeric digits and total approximately 14,000 codes. Given these increased number of codes, greater number of potential characters per code, and increased code specificity, it will require significant planning, training, and upgrades industry-wide for the transition to be made by the October 1, 2014 deadline. The penalty providers will receive for submitting an incorrect code for reimbursement: non-payment of the claim.
ICD-10 will impact every aspect of a healthcare provider’s organization. It will require a massive wave of system reviews, new medical coding or extensive updates to existing software, and changes to many system interfaces.
ICD-10 implementation has the potential to be so profound that it will touch all operational systems and procedures of the core payer administration process and the provider revenue cycle. Also, there will be huge talent gap because of ICD-10. Productivity of coders will drop by over 50% like it did in other countries who transitioned to ICD-10.
Additionally, 40 million new patients are coming into the system because of the Patient Protection and Affordable Care Act (Obamacare).
All of this results in a huge vacuum of talent in medical coding and there will be a shortage of over 4 million medical coders over the next few years.
The need to educate the entire healthcare industry and bring over 4 million people into coding will create an ongoing and sustainable business for on-line ICD-10 education programs like CodeSmart University and create the need for outsourced coding in a big way. In addition, to remain certified, coders will need continuing education every year and there will be constant changes to ICD-10 over the next 10 plus years.
A study recently conducted on 63 hospitals by The Lott QA Group, one of CodeSmart’s strategic partners, revealed that 73% of the ICD-9 coding was inaccurate.
ICD-10 will only multiply the problem exponentially. The OIG (Office of the Inspector General) says medical coding needs to be 95% accurate, this all translates into loss of revenue or a compliance problem, the shortage of coders will be monumental as many will retire and the remaining coders will have to specialize. Every healthcare provider will have to outsource a portion or all of their ICD-10 transition to a consulting company who specializes in ICD-10.
CodeSmart is a leader of only a handful of companies uniquely positioned to provide the whole continuum of necessary solutions in ICD-10 to healthcare providers.
Someone with some cash executed a pre market BUY order with their Broker :D
Sign it could be a very green day here.
news can hit when stocks gap up!
ITEN IS GAPPED UP THIS MORNING IN PRE MARKETED ORDERS!
78 already on the ask, 50K already traded in T-Trades
PRE TRADE HITTING
ICD-09 is available now. ICD-10 will be available in 2015. ITEN's share price will only increase as we get closer to the availability of ICD-10.
Obama-Care "ACA" is supported by -CodeSmart Holdings Inc., to which Codesmart Holdings Inc., is to provide medical coding training required by the Affordable Care Act."
CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
Provides Medical Coding Tradining Rrequired by the Affodable Healthcare Act to make the following Health Care Insurance companies function:
1.Umana (HUM)
2.Cigna (CI)
3.WellPoint (WLP
4.Aetna (AET)
5.UnitedHealth (UNH)
The differences between ICD-9 and ICD-10 are significant, for example, ICD-10 has seven alpha-numeric characters and totals over 155,000 possible codes, while
ICD-9-CM codes are only three to five numeric digits and total approximately 14,000 codes. Given these increased number of codes, greater number of potential characters per code, and increased code specificity, it will require significant planning, training, and upgrades industry-wide for the transition to be made by the October 1, 2014 deadline. The penalty providers will receive for submitting an incorrect code for reimbursement: non-payment of the claim.
ICD-10 will impact every aspect of a healthcare provider’s organization. It will require a massive wave of system reviews, new medical coding or extensive updates to existing software, and changes to many system interfaces.
ICD-10 implementation has the potential to be so profound that it will touch all operational systems and procedures of the core payer administration process and the provider revenue cycle. Also, there will be huge talent gap because of ICD-10. Productivity of coders will drop by over 50% like it did in other countries who transitioned to ICD-10.
Additionally, 40 million new patients are coming into the system because of the Patient Protection and Affordable Care Act (Obamacare).
All of this results in a huge vacuum of talent in medical coding and there will be a shortage of over 4 million medical coders over the next few years.
The need to educate the entire healthcare industry and bring over 4 million people into coding will create an ongoing and sustainable business for on-line ICD-10 education programs like CodeSmart University and create the need for outsourced coding in a big way. In addition, to remain certified, coders will need continuing education every year and there will be constant changes to ICD-10 over the next 10 plus years.
A study recently conducted on 63 hospitals by The Lott QA Group, one of CodeSmart’s strategic partners, revealed that 73% of the ICD-9 coding was inaccurate.
ICD-10 will only multiply the problem exponentially. The OIG (Office of the Inspector General) says medical coding needs to be 95% accurate, this all translates into loss of revenue or a compliance problem, the shortage of coders will be monumental as many will retire and the remaining coders will have to specialize. Every healthcare provider will have to outsource a portion or all of their ICD-10 transition to a consulting company who specializes in ICD-10.
CodeSmart is a leader of only a handful of companies uniquely positioned to provide the whole continuum of necessary solutions in ICD-10 to healthcare providers.
ITEN peaked at $7.95 per share on June 13, 2013, doing 136,372 in trade volume with an estimate of $1m in trade sales that day.
ITEN last reached a dollar on January 27, 2014. Topped out at $1.02.
ITEN last traded near 50 cents on April 03, 2014, where it topped out at 66 cents.
39.27M BOUGHT today VS 40M who sold off. Pretty even!
Sounds like we need a PR from ITEN regarding company direction and structure; how they plan to move forward.
This would immediately cause PPS to skyrocket.
What are you getting at?
Yeah, there is a lot of information that can be compiled and put together in one message and stickied for all of us investos.
Is there anything in the works for a New CEO?
Could you compile all these into one post?
Obamacare ACA Act
Endorsed by over 60 colleges
Coding salaries, job securities, etc
Provides Medical Coding Tradining Rrequired by the Affodable Healthcare Act to make the following Health Care Insurance companies function:
1.Umana (HUM)
2.Cigna (CI)
3.WellPoint (WLP
4.Aetna (AET)
5.UnitedHealth (UNH)
Anything else you can add, etc.
Thanks!
Ouch. Didn't think this would crash and burn so quickly.
Did you sell with a limit or market order, out of curiousity?
Oh tons of dillution! Go TCEL!
In February BCAP was tradinag @ 17!
You sold 50% at a loss then? Lots of times that is good, too many bag holders on the OTC BB market.