Replies to post #146741 on Stella Diagnostics Inc (SLDX)

[space1230]

Explains NOTHING actually because there is absolutely no indication that an agreement of "ten years at $230,000.00 per year" exists. Now back to TDEY and reality.

Pssst,

you and everyone WILL see money on the books from the enrollment platform for Q3 ;-)

That explains a lot..
Quote:
The Chimienti contract with ORT/TDEY reads for ten years at $230,000.00 per year plus 20%. You won't see anything like 2.3 million on the books for the 3rd quarter.

[Bad 426]

It is really interesting to see all of you trying to identify what ORT is does has sold and sells...

What was sold was a unique small group cloud based enrollment software that was specifically designed for groups under 500 lives.

Anyone who knows AFLAC, American Fidelity, Unum, Allstate, Transamerica and all enrollment companies knows how expensive it is to develop, build, load, build products, rates, benefits, ages, job classifications and eligible employees knows that it is too expensive to build a system like the above for groups under 500 lives. This unique small group flexible enrollment system that is cloud based is what was sold...

Why? Because it was designed for a sister company and was not part of the core competency of ORT... Was it sold for cash in a single payment??? Who knows. it was sold for $2.3 million that is an undisputable fact.

$2.3 million is a lot of money but not enough to launch and grow ORT...

Thus this public offering: ORT own a unique payroll premium system that solves the same problems that is needed just as much if not more today than it was 15 years ago.

Large Insurance companies have and continue to operate large Mainframe systems. these systems have propriety software and they do not play well with others... ORT is the TRANSLATING system that can work with existing LEGACY MAINFRAME systems allowing Large Insurance Companies to keep their LEGACY SYSTEMS with their millions of software and hardware development costs(years in the making) and affordably upgrade payroll, billing, collection and commissions systems (ORT software)saving Large Insurance Companies Millions in redevelopment costs...

This Horse is running and picking up speed... the question is are you along for the ride??????

[Midwestrader]

Where did he read that at? NOT what the original PR stated. There was no payment period,the software was sold for 2.3M plus that 20%. If it was to be divided up by a TEN YEAR period the PR should have stated such. What a joke,TEN YEARS??

CHEYENNE, WY, SAN ANTONIO, TX, AND DALLAS, TX / ACCESSWIRE / August 26, 2015 / Oak River Technology LLC, a wholly owned subsidiary of 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc. (OTC Pink: TDEY) (PINKSHEETS: TDEY), announces the sale of its small group benefits enrollment platform to Chimienti and Associates of Fresno, California for Two Million Three Hundred Thousand Dollars ($2,300,000.00) today. ORT retains a twenty percent residual income from all sales utilizing the technology. "This allows us to focus on our fast growing premiums collection and remittance business while retaining a residual income from our investment in the enrollment technology vertical. This small group platform gives Chimienti and Associates a significant advantage over its competitors in the small group business," said Oak River Technologies CEO Kent Linduff.

[space1230]

You don't say!!! So it would be safe for me to make the assumption that based on your Chimienti contract belief, TDEY's Q3 should be showing 230k or less from the sale of this enrollment platform. Am I correct? ;-)

Can you please elaborate on the 9 billion shares that TDEY has actually never had, to date??

As I pointed out before.. there's no way a company with $2.3 million in CASH in the bank would have a market cap of $2.9 million. Imo, Linduff parked his patented asset with a buddy in exchange for an IOU.

So what's he planning to use to generate ORT's income with? Will he be discounting debts and/or royalties owed by Chimienti in order to use the platform he supposedly "sold" to him? Having ones patented cake, protecting it from creditors/shareholders and eating it too?

$230k per year isn't likely to keep the lights on at ORT. Now divide that by 9 billion shares and try to find a profit.

[Midwestrader]

If true then the gain for each of the 7.3 BILLION shares in the OS and probably the float will be 0.00003 per year based on 1/10 of that selling price of $2.3 million. Yeah...that's FOUR zeros.

That 20% residuals (if it ever happens anyway) will NEVER show up on TDEY financials.

Let me guess...first payment due October 1 (or LATER) putting ANY revenue into Q4 which will be posted about the middle of MARCH 2016.