Coro Global Inc (CGLO)

[tchalla]

RE:"There is a Government Mandate that all medical records must be electronically stored and save by the year 2014. Then on top of that, in 2015, providers of care that ”do not” adhere and comply with this Government Mandate to move to transition their medical records to electronic medical records will begin to have penalties applied to them"

This mandate applies to providers not to patients. lmao if a provider uses a different system from a company other than mdfi, then what? lmao. the business model of the company assumes too much imho, and depends on both provider and patient using mdfi technology, which is highly doubtful. throwing out random numbers like 5 mill potential subscribers is not even logical within their business model. the statistics required for their business model to be that successful are far more complex than whatever this guy tried to feed sterv about mdfi's potential. pairing up actual patients with their providers to use mdfi's systems is trickier than that. their model depends highly upon their ability to convince providers to sign up with them in order to secure the bread & butter part of their revenue model which is through individual subscriptions from actual patients. personally, i don't see any competitive edge clearly identified in their marketing materials that gives them an advantage over existing companies or emerging technologies within the field. the mere fact that they have been developing the technology for 10 years, means absolutely nothing if it isn't producing quantifiable results or demonstrating their competitive advantage in the field. in fact, the thought of their technology being 10 years old lends the probability of it being out-dated at this juncture imho. after 10 years of product/service development, mdfi seems to have a host of barriers that seems to be limiting their success thus far. all imho.