Replies to post #2039 on Coro Global Inc (CGLO)

[cabir]

thanks-stervc,and Alex to

[pupfloyd]

Hi Stervc: Nice post and certainly great DD! Just one question:Are you aware of the competitors in the medical records field? I know my GP uses computerized records and one must ask: Why would any doctor or medical facility switch to MDFI?

Thnaks for your input- Pup

[Candybeck49]

Thanks Stervc.
Very informative and greatly appreciated.
Gary

[Mugunga]

Great post, thank you! That took a lot of effort and attention.

[tryz]

stervc.....To futher back up your great research/call in testimony from Alex at MDFI...i found this as further proof that this company and all associated are all in to this futuristic electronical medical file software technology and to put it on the world map for all authority leading agencies to see and mean serious business!!!: MEDICAL RECORDS
***Alex Papas the creator and the developer of the prepaid phone card in the United States. I have just created a new medical breakthrough called The MedeFile Card. The MedeFile Card is a centralized, confidential electronic portfolio that gives you 24/7 access to your medical history So no more wasting time and filling out paperwork every time you go to see the doctor or go to the hospital. Imagine that you or your parent or child has suddenly become ill. They are in a place where no one knows them, their blood type, what medications they are on, or what allergies they have. Quick decisions could mean the difference between life and death. Each year the lack of accurate medical information or the wrong information takes a terrible toll. With MedeFile you can be better prepared with vital information should such an emergency arise. Your Medical records are going Green. I?m donating $100 million dollars in Medefile Cards to companies all over the world to give to there employees and there families. So No more talking about what we are doing about heath care we are doing something about it now! For more info go to www.medefilecard.com or call Alex Papas at 954 729 8888 *** .... http://talkback.zdnet.com/5208-13593-0.html?forumID=1&threadID=54592&messageID=1031655&start=0 ......TRYZ

[banchrima]

Sterling, am I right that this stock is the same category like MMRF or TEVI ... both researched at best by Rainmaker (especially MMRF had big expectations, with a CEO named Robert Lorsch) but since some time a steadily declining pps after a nice move before) ... looks like there are several competitors out there to get a bit of Obama´s 17 Billion ... TIA/GLTU

[Investor100]

Adding a picture to Stervc comments

http://www.moli.com/p/views/v2XJvWj7lTo_JU_qpVp1G1hg../

Always enjoy a picture (when possible) in addition to write up and what a job he did on the pre-paid phone cards!

GLTA

Investor 100

[Mugunga]

DD! Stervc, going off your very thorough post about your conversation with public relations...In the new health care reform bill (the one congress is working on right now): ‘‘America’s Affordable Health Choices Act of 2009’’
there is an entire section, roughly ten pages, about how the secretary of health's job must implement a standardized electronic system for the entire health system.

The bill specifies some details about the electronic system:

1) It will involve a data chip or swipe card that has not only your medical records but all of your financial records and data so that when you go to the doctor than can immediately swipe and tell you how much you are expected to pay, also, when you go to get insurance, they just 'swipe' and tell you which insurance plan you are eligible for.

2) It mandatory for EVERY PERSON to get health care, meaning that EVERY PERSON will have to have one of the swipe cards for the electronic system. That is about 300 million people.

3) Also, the system will be created to perform claims adjustedments and financial transactions (pay for medical care). Basically your entire life will be on this card.

4) The system must has a two year time frame to go into place.

Stervc, this sounds exactly like what you were talking about. If Medefile really has the best technology to do medical records this way, then they are the most qualified to help implement the program which will be putting 300 million people in the system.

Obviously, the bill has not passed yet, but it is apparent that this is the direction of health care records, payments, insuring, billing, and basically everything regarding the health system. No more arguing about claims and payments, just; "Swipe" and all your options are displayed in front of you.

Sounds like mark of the beast kind of stuff, and this is all very far down the road, but, still...

I won't post the bill text here, it is too much, but if anyone wants to read the section about the electronic system, it is section 163, or, pages 54-63 of the PDF version you can find here:

http://www.opencongress.org/bill/111-h3200/text

[tchalla]

RE:"There is a Government Mandate that all medical records must be electronically stored and save by the year 2014. Then on top of that, in 2015, providers of care that ”do not” adhere and comply with this Government Mandate to move to transition their medical records to electronic medical records will begin to have penalties applied to them"

This mandate applies to providers not to patients. lmao if a provider uses a different system from a company other than mdfi, then what? lmao. the business model of the company assumes too much imho, and depends on both provider and patient using mdfi technology, which is highly doubtful. throwing out random numbers like 5 mill potential subscribers is not even logical within their business model. the statistics required for their business model to be that successful are far more complex than whatever this guy tried to feed sterv about mdfi's potential. pairing up actual patients with their providers to use mdfi's systems is trickier than that. their model depends highly upon their ability to convince providers to sign up with them in order to secure the bread & butter part of their revenue model which is through individual subscriptions from actual patients. personally, i don't see any competitive edge clearly identified in their marketing materials that gives them an advantage over existing companies or emerging technologies within the field. the mere fact that they have been developing the technology for 10 years, means absolutely nothing if it isn't producing quantifiable results or demonstrating their competitive advantage in the field. in fact, the thought of their technology being 10 years old lends the probability of it being out-dated at this juncture imho. after 10 years of product/service development, mdfi seems to have a host of barriers that seems to be limiting their success thus far. all imho.