NextGeneSys..???
After reading both the CC and the PRE14A filing certain things appear to changed from the time of the CC (11/16) to the time of the final agreement (11/24).
The NextGeneSys name and organization have disappeared. Instead, the Kelly owned CareGeneration businesses, clients, receivables and pharmaceutical distribution licenses will be merged into Pharma Tech Solutions, which will become a new subsidiary of CDED.
The new CDED will then have 3 subsidiaries: Pharma Tech Solutions, PDA Services and Medicius.
Also, reading section for Risk Factors very carefully I come to the conclusion that the new CDED will be run by Kelly not Cox and Berman. Read the following:
RISK FACTORS
The following discussion contains, in addition to historical information, forward-looking statements in relation to CareDecision Corporation that involve risks and uncertainties. Actual results could differ significantly from the results discussed in the forward-looking statements.
The company is, and will be, heavily dependent on the skill, acumen and services of our proposed new Chairman, Ronald Kelly, interim CEO Robert Cox, interim President, Secretary and Treasurer, Keith Berman, Chief Operating Officer Robert Ellis and Chief Financial Officer, Richard Foisy.
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Note that the discussion pertains to CDED Corporation not just Pharma Tech. So, Cox and Berman are out of the picture and CDED will become a Kelly run business.
There are a few other “non-conforming” details. I’ll post those during the weekend as time permits.
TT
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
