A couple other juicy excerpts from the PR they released after hours on Halloween (great timing guys! lol):
The newly combined organization will be a leading publicly-traded healthcare information technology company which will be well positioned for the ongoing transition of U.S. healthcare from fee-for-service payments to value-based reimbursements. Our industry-leading cloud-based platforms allow our clients to leverage data from multiple sources to operate efficiently and to deliver the best possible outcomes for their patients.
"Becoming a public company is a key element of our growth strategy, and the completion of this merger is a significant accomplishment for Clinigence. A public listing will provide us with access to capital from the public markets, enable us to broaden our investor base, enhance our recruitment of additional key team members, and allow us to use our public equity to execute future acquisitions," stated Warren Hosseinion, M.D., Chairman of Clinigence. "Our primary goal after the merger will be to seek to list our common stock on the Nasdaq Capital Market."
This clearly wasn't your typical otc pos RS that IGMB did folks. CLNH is gonna be a big time winner imo. But I am actually very grateful for all of the panic selling these past couple months because I've been loading, and loading, and loading...and now I'm onto the next phase: Holding and watching the account grow ;-)
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