Big Tree Group Inc (BIGG)

[mcmike]

TNSX news reports...don't know this highbeam thing but well done and i'm glad to have the ref.list

If you really want to do the job...........
Create a table with columns for

Date
Shorthand Headline
Full Contract monthly transaction guidance
Current monthly transaction guidance
Annual Revenue projection
Other

and translate the raw data from all these releases into measurable stats. I have a spreadsheet with similar data gleaned from the quarterly filings and use it to ask questions re. the company's trajectory given previous pronouncements, but haven't used news releases in that way.

I can understand why you might find this unappealing given the time involved and your, dare I say "failure"??, to initiate even a starter position. I used to say that I was guilty of "paralysis through analysis", but given the amount of time you HAVE done on the company, why not take the plunge?


In my last conversation with Steven, just as the new 10-Q was filed, and before I had even looked at it, he asked me if my goal was to see Transax report a profitable quarter. I immediately understood the implication: the company could reign in it's ramp up spending to gussy up the income statement, but at what cost to future growth. I had been thinking that this ticker would begin to really move once they showed a profit. Maybe what is more important to institutional investor/buyers, who have recently begun to surface, is something else.

I believe that their IR team is focussed on what new potential monied interests want to see (I have been told as much), and that this company, if properly positioned for expansion into U.S. markets, can be a big winner over the longer term. Dare I dream of a zip-code changing investment?!

They now have HIPAA compliance: http://www.investorshub.com/boards/read_msg.asp?message_id=11339683

and a mechanism for, not only realtime online eligibility verification, but a sorely needed rapid turnaround payment to providers:
http://www.investorshub.com/boards/read_msg.asp?message_id=11339695

This feature was reinforced in the recent NHS release:
"Transax will also receive additional revenues for provision of real-time payment to medical providers following the auto-adjudication of healthcare claims."
http://www.investorshub.com/boards/read_msgs.asp?board_id=5726&NextStart=83&BatchSize=10

I've always wondered why insurance companies should get to use the huge "float" on services rendered but not paid for. This solution lets providers get paid WAY more rapidly and should be a huge incentive for provider networks to affiliate with Transax for eligibility determination, authorization, claims submission & auto-adjudication, and rapid payment turnaround.


It's boilerplate type language in the releases but worth studying:

Transax provides a service similar to a credit card processing for the health insurance and providers industries. A Transax transaction consists of: approving eligibility, authorization, auto-adjudication of the health claim and generating the claim payable files -- provided instantaneously in "real time" -- regardless of method of claim generation.

The Solution processes "on-line" and "real time" eligibility verification, claims submission and claims adjudication in a single pass environment. The proven solutions reduce medical, dental, operational and administrative costs for both payers and providers and are now HIPAA compliant.

The rapid payment turnaround now significantly sweetens the pot imo. I tried to pick up shares in the .16 area, unsuccessfully, this week. There is little overhead resistance once sellers in the low .20s are absorbed. You will be kicking yourself if it runs into the .30s without you, so my suggestion would be to get a few shares and average up, or down (if the opportunity should occur).

glty