Everyone do their homework and you will find that Telemedicus is nothing more than a daisy chain of interconnected companies with Cloud, Gilchrist, Carmichael and others at their core.
The recent materialization of Lipid Labs (as having acquired Telemedicus) is also another creation of the Cloud operations. This is all just more smoke and mirrors. If you really take a serious look you will find that Eddy Austin whose name recently showed up as having taken over a number of these companies is nothing more than a front for Cloud. In fact Austin, was rumored to be a cousin of J. T. Cloud. He was moved from Baton Rouge, LA last December/January and started taking over some of the operations by being put into several different Cloud companies as CEO to provide a fresh face. I would think that you will see a number of "defections" in the near to mid term as well.
Of course if you check the SEC filings what you will find is that their great association with Texas A & M is based on a license agreement that was done the same way the agreement was done with AETE. They did an agreement with A & M, paid a little upfront as a fee and haven’t paid out a penny since that time, which is stated in their SEC filings. Invariably, what you will find if you look close enough is that throughout the morphing of Intrepid through LipidLaps and Telemedicus is that 09% of the companies that are shown to have been “acquired” were just shell operations that actually had nothing but a name and a little bit of literature written up on them. In some instances they had been formed and a little investment was laid out to give them just enough substance to pass cursory inspection. They were then used in terms of “having been acquired” as stated in more bogus press releases, serious stock was bartered away (typically to another Cloud insider and as with Gulf Ethanol and AETE a fraudulent 504 Reg D was used) and them the game goes on.
Up until now this has all just been a money making perpetual motion machine that has netted these crooks hundreds of millions of dollars. Now it would seem that their little ball of twine is beginning to become unwound.
