Randy, I remembered that DRGP is your pick in the contest here.
DRGP had some very significant news yesterday and has been getting buying again as a result...
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Dynamic Response Group's "Medico Express, Inc." Gets Accreditation; Late Summer Launch Is Set
Subsidiary to Target Delivery of Diabetic Supplies to Millions of Hispanic Diabetics in US
MIAMI, FL, Apr 22, 2009 (MARKET WIRE via COMTEX) -- Dynamic Response Group, Inc. (OTCBB: DRGP) announced today that its subsidiary, Medico Express, Inc., was granted accreditation by Community Health Accreditation Program, Inc. (CHAP). CHAP accreditation is an official acknowledgement that Medico Express meets the Medicare Conditions of Participation, a prerequisite for becoming an approved Medicare provider.
CHAP, an independent, non-profit accrediting body, granted accreditation to Medico Express effective as of February 24, 2009. Immediately thereafter, Medico Express filed its application with the Centers for Medicare and Medicaid Services (CMS), to become a Medicare approved provider. The CMS application is currently under review and generally takes upwards of 60 days for approval. As a participating supplier, Medico Express will be able to bill Medicare directly for products ordered by Medicare eligible patients.
Medico will launch its product offerings initially by offering diabetic supplies to the millions of individuals in Medicare Region C and will expand marketing to all other Medicare Regions, encompassing a market estimated to be in excess of 14,000,000 people. Management believes that Medico Express will offer consumers a one stop source for ordering diabetic supplies without the consumer experiencing the inconvenience of submitting claims and seeking reimbursement from Medicare. "This is a milestone for our company," says Dynamic's CEO, Melissa K. Rice. "For the past 7 years, Dynamic has been doing business as a consumer product electronic retailer. With the introduction of medical supplies in our distribution channels, Medico Express allows us to go outside of the traditional product models and leverage our core competencies in building our customer base."
About Dynamic
Dynamic Response Group, Inc. is a marketing company, developer and distributor of personal development, wellness and entertainment consumer goods and services through print catalogs, radio, direct mail, direct response television programming (also known as DRTV or infomercials) and the Internet. For more information about Dynamic Response, please contact the Company at 305-576-6889.
About Medico
Medico Express, Inc., is a Florida corporation and majority owned subsidiary of Dynamic Response Group, Inc. Medico Express is a provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community in the United States, Puerto Rico and the Virgin Islands.
Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The above information does not guarantee any successful closing of new business. No assurances can be given that any projections related to gross revenues or profit margins will be realized. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact:
Dynamic Response
305-576-6889
SOURCE: Dynamic Response Group, Inc.
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