OptimizeRx Corporation (OPRX)

[FrankLind]

Waiting for the CC tomorrow.

Things are happening a little slower than I expected, but seem on track overall. OPRX are executing on their side, but Allscripts is not.

Revenue would have been significantly higher in this quarter had it not been for this -

"Our sales and profitability during the six month period was significantly impacted because Allscripts had privacy and technical issues that affected their distribution of eCoupons and other programs during a significant period of time it took to fully resolve them. Allscripts has resolved their privacy issues. However, they have not fully resolved their technical issues resulting in only about half the volume potential being distributed in their eRx platform. Additionally, the roll out activation of SampleMD eCoupon automation within Allscripts PRO, versus requiring them to manually turn the e-Coupon on, has yet to be accelerated as they outlined. However, we have met with senior management and they have agreed to assign this a top priority for the remainder of 3Q and expects the rollout to achieve significant impact to both companies."

I also think it significant that, despite the obstacle outlined above, distributions increased 30% sequentially from the first quarter. This shows the momentum.

They are rolling out into Quest, e-Healthline and LDM over the next two quarters as well as continuing to add new drugs.

In regard to the competition - "We reached a settlement in our lawsuit with Physicians Interactive whereby both parties released their claims. This will allow us to stop spending money on the lawsuit and focus on increasing our already dominant market position."

Can't speculate what is going on with the other lawsuit and if it has any chance of succeeding. (for 930,000)

I think the story is fully intact and $1.19 with 23.2 million FD for a company of this quality (op lev', market position, tailwinds, revenue growth, high level relationships) is a bit of a joke.