The end of the SOLI/CareClix Inc claiming to own The CareClix Network nonsense and the claim that SOLI makes no money on consultations...
Straight from the quarterly:
"The Company has retained the services of medical doctors provided through CareClix Network, LLC, an unrelated entity, as part of its telemedicine services. The Company pays CareClix Network LLC on a monthly basis for the services provided during each month. The Company is billed for these services on the 15th day of the month following the month in which the services are provided, and the cost of the services is recorded as a cost of sales."
"The Company and its subsidiaries currently maintain three separate lines of revenue; revenue from sales of product by Clinical and Herbal Innovations; revenues from use of the recently acquired CareClix software by third parties (Software as a Service or SaaS); and revenues from patient consultations through the CareClix telemedicine system. "
"Cost of revenue consisted of product costs and fulfillment fees for sales through the Internet for nutrition supplement sales and fees to an unrelated medical professional corporation for providing medical doctors for telemedicine consulting services."
Simple math shows that Q3 there was $311k of Telemedicine revenue and roughly $275k of Telemedicine Costs (to the unrelated medical professional corporation for providing medical doctors for telemedicine consulting services, IE CareClix Network.)
"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point
