Healthcare Solutions Mgmt. Group Inc. (HSMD)

[Prudent Capitalist]

At first read, I see a number of true positives in the 10-K filed today:

1. Revenue continues to grow strongly since VRTY came into being, which represents essentially the last 6 months of this period ending 9/30/13. Revenue was $2,411,093 in fiscal 2013 vs. $449,626 in year ending 9/30/12.

2. These are audited financials with the standard letter from the CPA firm which gave its opinion without any stated qualifications or concerns, which gives investors a lot of confidence going forward.

3. Looks like they wrote off and cleaned up a lot, i.e. this appears to have "cleared the decks" so-to-speak.

4. Lots of management changes detailed in the 10-K, and we must remember that the new CEO just took over in October, i.e. after the historical period represented by this 10-K. New CFO also.

5. Indisputable that Bill Wright and Tracy Bushnell are long gone and have no further or current involvement with VRTY. Hopefully that issue and the posts to the effect that they are still here will go away.

6. All new focus, businesses and business plan going forward.

Looking forward to watching this new company progress with many new market opportunities, and all new management going forward.