Loan! The answer to your question what happened to instacare and the cell phone centric model is after 10 million dollars in stock issuances , Keith M Berman enacted a reverse split wiping out shareholders and with the following paragraph in one of his filings, poof ! everything was forgotten and ignored. Onto the new idea with another 20 million in stock issuances.
We have received multiple inquiries from companies interested in perhaps partnering with the company for the implementation of its cell phone centric technologies MD@Hand and MD@Work. However, these inquiries have tapered off due to the changes that the Medicare competitive bidding cost cutting will bring to the overall healthcare market. Those interested companies range from clinical laboratories, service organizations owned or aligned with medical health insurers, a medical content provider and legacy healthcare systems companies. We continue to discuss various partnerships and ventures with these companies, but with the federal Medicare, Medicaid and the new Affordable Care Act programs in a state of flux, the federal government has been slow to release the necessary communication protocols that will make products like our MD@Hand and MD@Work have great value. All of these proposed ventures are with companies that are much larger than Decision Diagnostics, but who themselves are under stress. We may or may not entertain additional proposed partnerships in the future.
You can find this in DECN's 2012 10k
