Wednesday, July 13, 2011 5:17:45 PM
TCLN - SCREAMING for a breakout. Follow up news to news posted below will help the cause.
Techs Loanstar, Inc.'s Target Acquisition Company, Quture, Inc., Adds Propheta Communications as Their Public Relations Agency
Techs Loanstar (QB) (USOTC:TCLN)
Intraday Stock Chart
Today : Tuesday 28 June 2011
Techs Loanstar, Inc. (OTCQB: TCLN) (PINKSHEETS: TCLN) today announced that its target acquisition company, Quture, Inc. ("Quture") has finalized an agreement with Manhattan-based public relations agency, Propheta Communications to serve as Quture's agency-of-record.
Quture, a Nevada corporation, based in Florida, is in the business of developing electronic products to measure clinical performance for healthcare organizations globally. As announced on April 25th 2011, the parties executed a non-binding Letter of Intent ("LOI") and are moving toward the signing of a definitive merger agreement (the "Agreement"). Pursuant to the terms of the LOI, Techs will acquire one hundred percent of the outstanding common stock of Quture, in exchange for approximately eighty percent (80%) of newly issued restricted stock of Techs, on a fully diluted post-merger basis. The Company's shares will continue to trade under the stock ticker "TCLN" with Quture becoming a wholly owned subsidiary of the parent. After the completion of the merger, Techs will seek to change the stock symbol to reflect the new core operations of Quture. It is the goal of the company to remain a fully reporting company and to rapidly seek an upgraded listing status to either Small Cap Nasdaq or NYSE as soon as it qualifies for such listing.
The Propheta Communications team is comprised of seasoned veterans who understand the interplay between emerging companies like Quture and the mainstream business media. Propheta executives are in the midst of creating a long-term PR plan that will maximize exposure for Quture in relevant news media.
"We chose Propheta Communications based on their prior experience and the strength of their executive team," said Landon Feazell, CEO of Quture. "The Propheta team takes a no-nonsense approach to PR and will help Quture tell its compelling story of the significance of measuring true clinical performance in our transformative tool to healthcare providers, payers, and patients through major national media publications respected by Wall Street and the medical community at large."
Propheta is founded and led by Kevin Mercuri, a twenty year veteran of public relations and related disciplines. The agency offers large agency resources with a small agency focus on clients.
"Our team has demonstrable experience in working with companies like Quture and we welcome the opportunity to promote their amazing service," said Kevin Mercuri, president & founder of Propheta Communications. "We look forward to introducing Quture to every relevant reporter, blogger, producer and more. We will provide a hands-on experience for Quture to build their brands, maintain their reputation and raise awareness through media relations, analyst relations and social media."
About Quture
Quture's mission statement is to become the Gold Standard in Healthcare Performance Measurement. Quture provides healthcare organizations, insurers, government payers, and other stakeholders in the healthcare community with performance measurement tools and data sets. Industry experts agree that these performance measures are the "transformative tool" that reduce medical cost and improve quality of care. Quture's management team has 35 years of experience and a long history of working with many of the nation's leading healthcare institutions as a leader and innovator in measuring clinical performance. Quture plans include developing a revolutionary solution to effectively and efficiently measure clinical performance from multiple vendor databases.
About Techs Loanstar, Inc.
Techs Loanstar, Inc.'s Target Acquisition Company, Quture, Inc., Adds Propheta Communications as Their Public Relations Agency
Techs Loanstar (QB) (USOTC:TCLN)
Intraday Stock Chart
Today : Tuesday 28 June 2011
Techs Loanstar, Inc. (OTCQB: TCLN) (PINKSHEETS: TCLN) today announced that its target acquisition company, Quture, Inc. ("Quture") has finalized an agreement with Manhattan-based public relations agency, Propheta Communications to serve as Quture's agency-of-record.
Quture, a Nevada corporation, based in Florida, is in the business of developing electronic products to measure clinical performance for healthcare organizations globally. As announced on April 25th 2011, the parties executed a non-binding Letter of Intent ("LOI") and are moving toward the signing of a definitive merger agreement (the "Agreement"). Pursuant to the terms of the LOI, Techs will acquire one hundred percent of the outstanding common stock of Quture, in exchange for approximately eighty percent (80%) of newly issued restricted stock of Techs, on a fully diluted post-merger basis. The Company's shares will continue to trade under the stock ticker "TCLN" with Quture becoming a wholly owned subsidiary of the parent. After the completion of the merger, Techs will seek to change the stock symbol to reflect the new core operations of Quture. It is the goal of the company to remain a fully reporting company and to rapidly seek an upgraded listing status to either Small Cap Nasdaq or NYSE as soon as it qualifies for such listing.
The Propheta Communications team is comprised of seasoned veterans who understand the interplay between emerging companies like Quture and the mainstream business media. Propheta executives are in the midst of creating a long-term PR plan that will maximize exposure for Quture in relevant news media.
"We chose Propheta Communications based on their prior experience and the strength of their executive team," said Landon Feazell, CEO of Quture. "The Propheta team takes a no-nonsense approach to PR and will help Quture tell its compelling story of the significance of measuring true clinical performance in our transformative tool to healthcare providers, payers, and patients through major national media publications respected by Wall Street and the medical community at large."
Propheta is founded and led by Kevin Mercuri, a twenty year veteran of public relations and related disciplines. The agency offers large agency resources with a small agency focus on clients.
"Our team has demonstrable experience in working with companies like Quture and we welcome the opportunity to promote their amazing service," said Kevin Mercuri, president & founder of Propheta Communications. "We look forward to introducing Quture to every relevant reporter, blogger, producer and more. We will provide a hands-on experience for Quture to build their brands, maintain their reputation and raise awareness through media relations, analyst relations and social media."
About Quture
Quture's mission statement is to become the Gold Standard in Healthcare Performance Measurement. Quture provides healthcare organizations, insurers, government payers, and other stakeholders in the healthcare community with performance measurement tools and data sets. Industry experts agree that these performance measures are the "transformative tool" that reduce medical cost and improve quality of care. Quture's management team has 35 years of experience and a long history of working with many of the nation's leading healthcare institutions as a leader and innovator in measuring clinical performance. Quture plans include developing a revolutionary solution to effectively and efficiently measure clinical performance from multiple vendor databases.
About Techs Loanstar, Inc.
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