This is topic RXPC meger expected with Direct Labs!!!!!!!! .03 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by J_U_ICE on :
 
RXPC News, Sleeper Going To Be BIG!>

Press Release Source: Rx Processing Corporation

Company Profile for Rx Processing Corp.
Friday June 9, 10:40 am ET


--(BUSINESS WIRE)----Rx Processing Corporation (OTC:RXPC - News), a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans who are under-insured or have no prescription insurance coverage, is positioned to become a leader in providing prescription medications and preventive health laboratory tests to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens could benefit from the company's affordable prescription medication and laboratory testing programs.
Company: Rx Processing Corp.

Headquarters Address: 3422 Old Capitol trail Suite 700
Wilmington, DE 19808

Main Telephone: 800-576-7055

Website: http://www.rxprocessingcorp.com

Ticker: rxpc(PinkSheets)

Type of Organization: Public

Industry: Health: Pharmaceutical

Key Executives: CEO: Peter Fiorillo
Director of IR: Tim Gillesse

Investor Relations
Contact: Tim Gillesse
Phone: 800-576-7055
Email: IR*rxprocessingcorp.com
 
Posted by J_U_ICE on :
 
CEO says merger to be complete by June 15

Rx Processing Corp. on Track to Complete Direct Labs Services Inc. Acquisition

Update: 4:01 PM ET Feb 22, 2006


WILMINGTON, DE, Feb 22, 2006 (MARKET WIRE via COMTEX) -- Rx Processing Corporation (RXPC : rx processing corp com
News , chart, profile, more
Last: 0.11+0.07+175.00%

6:41pm 05/12/2006

RXPC0.11, +0.07, +175.0%) , a leading source of low-cost prescription medications for millions of Americans who are under-insured or have no prescription insurance coverage, will complete acquisition of Direct Lab Services Inc. in second quarter 2006.
Rx Processing Corp. optioned in 2005 for the acquisition of Direct Laboratory Services Inc., a 17-year-old Louisiana company, a pioneer and innovator in the Direct Access Laboratory testing Industry. This strategic acquisition will help us provide U.S. citizens more personal control over their wellness testing needs including CBCs, PSAs, and a host of blood test panels. Direct Labs Services is a multi-million-dollar acquisition with limited competition, strength in its intellectual property, and an effective competitor in this market.
Due diligence performed on Direct Labs Services Inc., verified all claims that warrant and support the 4 million dollar acquisition with a few welcomed surprises. Of note, a contract with the State of Louisiana Office of Group benefits (260+ thousand clients), the credentialing as a Health Savings Account (HSA) provider and enough cash in the bank to pay laboratory vendors 6 months in advance for client services ordered in 2006.
Peter Fiorillo commented, "This acquisition broadens our ability to deliver value added laboratory service products and focus on helping to stabilize and support traditional domestic prescription medication supply lines. These added services will enhance support of independent pharmacies, sustain local markets through high margin residual ordering of laboratory products, and allow U.S. Citizens access to laboratory testing from their trusted health care provider."
John Bell, founder of Direct Laboratory Services, stated, "My interest in selling solidifies the future of this company and the Direct Access Laboratory Testing industry. My continued support of Rx Processing Corp. as a shareholder and corporate officer, post acquisition, will further guide the principles at the helm, ensure our future success and provide needed health care benefits to our current and future clients."
http://www.rxprocessingcorp.com
About Rx Processing
Rx Processing is positioned to become a market leader in providing prescription medications and preventive health laboratory tests to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens could benefit from the company's affordable prescription medication and laboratory testing programs.
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
CONTACT: Rx Processing Corp. Peter Fiorillo (800) 576-7055 http://Rxprocessingcorp.com
SOURCE: Rx Processing Corp.
http://Rxprocessingcorp.com Copyright 2006 Market Wire, All rights
 
Posted by J_U_ICE on :
 
Past PR and Co. info

Rx Processing Corporation
3422 Old Capitol Trail
Suite 700
Wilmington, DE 19808
1-800-576-7055

Profile:

Rx Processing is positioned to become a market leader in providing prescription medications and preventive health laboratory tests to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens could benefit from the company's affordable prescription medication and laboratory testing programs.

Web Site:

http://www.rxprocessingcorp.com/

Shareholder Information:

379 Shareholders
A/S .. 500,000,000
O/S ... 65,568,630
Float .. 12,500,000 (2 million in certificate form)
NOBO/OBO link - http://www.rxprocessingcorp.com/nobo.htm

Latest News:

06/06/06 Rx Processing Corp. Revises Stock Dividend. http://biz.yahoo.com/bw/060606/20060606005575.html?.v=1
05/19/06 Rx Processing Corp. Declares Stock Dividend. http://biz.yahoo.com/iw/060519/0130334.html
05/12/06 Rx Processing Corp. Expanding Website Architecture http://biz.yahoo.com/iw/060512/0128940.html
05/11/06 Rx Processing Corp. Engages Accounting / Bookkeeping Firm, Intercontrollers, Inc. http://biz.yahoo.com/iw/060511/0128592.html
05/10/06 Rx Processing Corp. Announces Agreement Resolving Past Litigation. http://biz.yahoo.com/iw/060510/0128319.html
04/04/06 Rx Processing Corp. Comments on Quest Diagnostics 'Quest Test' March 31st 2006 http://biz.yahoo.com/iw/060404/0121107.html
03/24/06 Rx Processing Corp. Retiring the Majority of Issued and Outstanding Common Stock. http://biz.yahoo.com/iw/060324/0114506.html
02/22/06 Rx Processing Corp. on Track to Complete Direct Labs Services Inc. Acquisition.http://biz.yahoo.com/iw/060222/0110769.html
02/01/06 Rx Processing Corp. Streamlines Corporate Business Plan With a Focused Mission. http://biz.yahoo.com/iw/060201/0108374.html
01/31/06 Rx Processing Corp. Announces Incorporation in Delaware Complete. http://biz.yahoo.com/iw/060131/0108024.html
12/30/05 Rx Processing Corp. Releases NOBO and OBO List to "RXPC" Shareholders. http://biz.yahoo.com/iw/051230/0105023.html
12/16/05 Rx Processing Corp. Clarifies Relocating and Incorporating in Delaware. http://biz.yahoo.com/iw/051216/0104320.html
12/05/05 Rx Processing Corp. Announces Online Store Opened and Operational. http://biz.yahoo.com/iw/051205/0103032.html
11/16/05 Rx Processing Corp. Announces Online Store Opening December 1st 2005. http://biz.yahoo.com/iw/051116/0101623.html
 
Posted by J_U_ICE on :
 
From IHUB post


Peter Told Me PR"s Are Stacked For After DLS Merger.

Just Talked To Peter. He Is Very Happy With The Way Things Are Going. I Asked About The Website Being On Time-July 4, And He Said Yes It"s On Time. Then I Said, No Point Of The Website Without The DSL Merger Going Through, And He Laughed and Said Your Good. Anyway He Trying Hard To Get A PR Out Now.
 
Posted by J_U_ICE on :
 
TA

http://www.smallcapcenter.com/snapshot_techanalysis.asp?component=compinfo.asp&r ow=2&page=snap_techanalysis.asp&flag=true&ticker=RXPC
 
Posted by JerZeyDeViL on :
 
The PR states that shareholders of record on June 12th will be entitled to the divi's.....if I get in on monday, does that count?

News sounds good overall.....why do u think it dropped 50% on Friday after a couple days of nice news?
 
Posted by vinnie1 on :
 
was wondering the same thing.may be a play for monday?
 
Posted by Johnwayne on :
 
I will try to get in Monday.
With big PR's coming a 50% drop is a gift.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by JerZeyDeViL:
The PR states that shareholders of record on June 12th will be entitled to the divi's.....if I get in on monday, does that count?

News sounds good overall.....why do u think it dropped 50% on Friday after a couple days of nice news?

No...had to buy before the ex-dividend date which was the 8th. But might be the last chance to get cheap shares with all the things shakin' in the next couple weeks. Company's don't get much more transparent than this one. GLTY!
 
Posted by vinnie1 on :
 
so you think ithis is going to go up monday?
 
Posted by J_U_ICE on :
 
Not sure how much it will move on Monday but I doubt you will be able to buy at .03 for very long
 
Posted by vinnie1 on :
 
this could still drop some more.best wait and see it level out and start its upward trend iam i right about this? chart is not that great
 
Posted by J_U_ICE on :
 
Just remember it's a very hard fill because of the low float I had trouble buying last week so imagine how hard a fill it will be when the news comes out
 
Posted by vinnie1 on :
 
good to know.thanks
 
Posted by JerZeyDeViL on :
 
This looks like a great play IMO...looking at the chart, it doesn't seem to drop below .03 very often this year, so if you could get in at this level I think it would be a good play. My main concern in deciding whether or not to try and jump in is the fact that looking at the chart, it seems that with a few exeptions, the volume tends to be extremely low most days and it may be hard to sell when I'm ready. With the float being so low and not much volume, I'm just a little scared of getting stuck holding the bag here. Gonna do a little more research tonight and decide what to do.
 
Posted by J_U_ICE on :
 
Update post from IHUB


Peter called me back. Everything is fine and going well
As always he would not give me a specific date. I asked LOL. He said he would not give out information until it was time for all the shareholders to be informed. Just keep an eye on BUSINESS WIRE. He sounded very, very opimistic. He also reminded me that this is not your typical Pink Sheet company that will put out PR's just to dump shares till there is so much dilution that it is worthless. RXPC has not increased it's share structure in the two (2) years it has been in business. As you know they have actually cancelled the O/S down to about 67 million. Float is about 13-15 million after the divvy is my guess. RXPC is trying to build the business the right way with the goal of moving to the NASDAQ (sc) and bring long term growth to the company and all shareholders. The prescription side of the business has been in place and once the DLS acquisition is completed the lab testing will also be owned by RXPC. That is all I can report at this time. I did ask specific questions but no comment till we can all be informed.
 
Posted by J_U_ICE on :
 
Took 2 hours but I added 25k at .04
 
Posted by portman on :
 
I am waiting for some funds to age into the non-marginable catagory. If the stocks hold close I will try to get in on this one.
 
Posted by J_U_ICE on :
 
RXPC update from IHUB

Spoke to Peter. He knows it is undervalued but the way he sounded he knows it won't change much til we get off the pinks. That's why I have changed my opinion that we will see this week. I think we should see some upward movement but the real fireworks won't come til the financials are out, probably 30-45 days. It's only time.
Peter said he didn't want to put a price on the pps but that in 5 years he would love to see $20. I told him short term I would settle for .20.
 
Posted by letitrideboy on :
 
aight I got in at .03
 
Posted by J_U_ICE on :
 
quote:
Originally posted by letitrideboy:
aight I got in at .03

How long did the fill take? Great entry point!!!!!!
 
Posted by letitrideboy on :
 
took about 15 minutes *smile*
 
Posted by J_U_ICE on :
 
quote:
Originally posted by letitrideboy:
took about 15 minutes *smile*

good deal. welcome aboard
 
Posted by letitrideboy on :
 
Thanks Bud, I love your pics!!!! and this one is already showing me some green lol!
 
Posted by J_U_ICE on :
 
Thanks. I don't see it dropping below .03 so good job
 
Posted by letitrideboy on :
 
just for giggles I put in an order for 5000 more shares at .03 see what happens lol
 
Posted by J_U_ICE on :
 
Just got off the phone and was told PR is being drafted and won't be out until next week. Not given an indication of what PR may contain
 
Posted by shoot-the-messenger on :
 
letitrideboy
Bought 50K shares at .034. It took 2 days to fill whole order. How many shares did you get at .03?

Like the low OS and float on this one. Worth the risk down here.
 
Posted by J_U_ICE on :
 
Posted by: thedragonfly06 Date:6/16/2006


Just talked to Peter!NOBO list up next week.He also stated that there is ALOT of stuff going on with company right now and said updates/news soon. NOBO list on new website too.(next week new list).Peter said shareholders have been asking questions and will update us asap on many fronts. Plus also stated they are always there to help us with any questions we have.Peter is a great CEO and will come thru for us all imo.Dont get it twisted,he is for us common shareholders and is a fantastic person in general.Im convinced Peter will make the right moves for us lil guys and get the RXPC ball rollin. Glad I got to talk to him.Always a pleasure,thanks!DF
 
Posted by letitrideboy on :
 
weeeeeeeeeeee so far so good today up 42%
 
Posted by J_U_ICE on :
 
News expected very soon
 
Posted by J_U_ICE on :
 
IHUB post

Per our T/A...no change to the SS

Issued and Outstanding still 65,568,630 as of 6/19/06
This time they wouldn't give me the Restricted

Divvy will be in accounts tomorrow
 
Posted by J_U_ICE on :
 
posted June 14, 2006 02:11 PM
--------------------------------------------------------------------------------
Just got off the phone and was told PR is being drafted and won't be out until next week

That means PR is coming this week keep an eye out.
 
Posted by J_U_ICE on :
 
Update from IHUB

GH talked to him earlier Things are being finalized. SHEEZE you guys would never make it as gardeners... things will ripen at their own pace. I'm in at .05 so I am not looking at green either, a matter of fact a WHOLE lot of red. Most people will buy into a scammy POS and not worry as much.... we got a great CEO who is up front and from all I have found out about him is as honest as he seems. Transparancy that is unheard of in pinky land reduced the OS and Just received a divi that they increased from 1% to 3.5% Come on! Business does not happen on a time table there are too many variables. Give the guy a break and let him get some work done. FWIW
 
Posted by portman on :
 
I knew I should have grabbed a bunch of these when I could * .025 instead of FGFC and XKEM [Smile]

This and UPZS are my only greens.
 
Posted by shoot-the-messenger on :
 
PR any day now.
Come on PPPPPPPPP----RRRRRRRRRRR.
 
Posted by J_U_ICE on :
 
,New web site has this in it. I think it is a great way to get the word around and help this company get involved with others that can add resources and revenue. And just think it starts July 1, 2006.

The opportunity to help others afford health care is now!
A proven revenue stream, built benevolently, helping your neighbors purchase affordable prescription drugs and laboratory tests. We created this opportunity for you to participate with Rx Processing Corp as an affiliate. An affiliate will gain the years of experience from the company that safely innovated and compliantly changed "hearts and minds" in America to continue offering affordable prescription drug and labratory Services healthcare.

"Affordable health care for all mankind, without prejudice."

Our focused mission, "Affecting personal control of healthcare, where individuals are motivated to take action to undergo regular diagnosis and treatment for their longevity," solidifies the future position of our corporation as we provide healthcare products and services.

A summary of what you will receive as an Affiliate:

Proven conservative projections to profitability

Marketing support

Business Infrastructure equipment

A corporate team dedicated to your success

An open, safe, tested, and conservatively controlled supply chain for your clients

This affiliate program is a brand new program to Rx Processing Corp going live effective (July 1, 2006) and we look forward to you joining this ground floor opportunity. This opportunity is not for everyone and you must go through extensive background checks to qualify.

Licensed affiliates will be listed in this section with direct contact infomation attached
 
Posted by J_U_ICE on :
 
IHUB post


I just got off the phone with Peter. The pr is ready and will be out on Businesswire Monday morning at 9:30 am. He is very positive and said we will be rewarded for holding long. Many great things coming and he is planning a conference call in July for shareholders. Said the plans for the shareholders are better than any corp he has ever seen and unheard of. I feel we are in for a long and very profitable ride here.

It will update us on where they are going. Should mention DLS and future plans(partnerships, etc). I mentioned that I was happy with the share structure for where we were heading and he said it will get even better. I don't know if that will be in the pr but it is coming also. Peter told me 100% certainty that we will be off the pinks this year.
 
Posted by J_U_ICE on :
 
Sorry would have posted this info earlier but I got hit with a storm and lost my electricty
 
Posted by Johnwayne on :
 
I got in here at .029 today.
Would love to see it return to .11 where it was on May 12th.
Low floater should move very easily on news.
 
Posted by portman on :
 
I am still a small player and I am in for less than 10k shares in this one at .027.

I hope he is a little late with that PR. I will try to jump some more shares with my free cash.
 
Posted by J_U_ICE on :
 
Found this on the DLS website, from Monday: WSJ Article

New Online Services Tout Low-Cost Medical Tests
By NICK TIMIRAOS
June 20, 2006; Page D4


Online medical-testing services are proliferating as the drive for consumer-driven health care gains momentum, though some medical experts complain that self-ordered tests don't necessarily benefit the consumer.

At least two new online services have sprung up this year touting these low-cost medical tests. MedLabUSA.com and MyMedLab.com have joined HealthCheckUSA, DirectLabs.com and others in offering to set up patients for the same diagnostic tests as walk-in lab services, hospitals and clinics. Customers visit a Web site, select a specific test, enter a ZIP Code and receive driving directions to a specimen-collection laboratory. Users pay with credit cards or a health savings account and don't need their doctor's prescription -- unlike walk-in clinics, which typically require a personal physician's approval.

The services provide customers with a receipt to submit for reimbursement from an insurance company or health savings account. Most insurers won't pay for such services, however, unless the patient's doctor has ordered the test. As a result, online customers usually pay upfront for the tests themselves.

Customers are attracted to the online testing services because they are convenient and cut down on trips to the doctor's office. The online broker prepares paperwork for the lab visit, speeding patients through the process once they are at the lab. The online services advertise the labs they use are certified under provisions of a federal lab-safety statute.

The online services say in-house doctors approve requests for tests -- a personal physician's signature is usually required by commercial labs, including Laboratory Corp. of America Holdings, known as LabCorp, and Quest Diagnostics Inc.

"It was just like shopping for anything else online," said Susan Krogness of Cathedral City, Calif., a registered nurse who works in health-care information technology. "I haven't been to the doctor in a while and wanted to see where I stood." She said she didn't consult with her doctor before the tests and figures she won't need to now, since the results didn't raise any concerns.

Such testing services draw mixed reviews from the medical community. Some advocates think they help healthy people monitor their health status, while critics worry that results will be misinterpreted or ignored. Even though companies include an explanation of the results and tell patients to share them with doctors, especially if tests show abnormalities, doctors fear that patients could rely on incomplete data or false readings.

"Do you know what to do with the results?" asked J. Edward Hill, a Tupelo, Miss., family physician and past president of the American Medical Association. Critics admit that the tests may be helpful in limited scenarios -- checkups to monitor cholesterol-fighting statin drugs, for example -- but too often they mislead patients, potentially leading to higher health costs later.

Despite such concerns, some physicians predict that more health systems will start offering online tests as a service to their patients. "Anything that can get people to a higher level of awareness of their own health status and get them to take some ownership is positive," said Bruce A. Friedman, emeritus professor of pathology at the University of Michigan Medical School.

The medical-testing trend is similar to initiatives undertaken by drug companies in recent years. "Pharmaceutical companies...have taken the product directly to the consumer. 'If you think this drug is right for you,' they say, 'check with your doctor.' That will be happening with blood tests within the next few years," said John Bell, chief executive at Direct Laboratory Services Inc., which operates DirectLabs.com.

Customers include health-conscious people who want tests to monitor their cholesterol, as well as uninsured people who don't want to pay for regular doctor visits. Online and walk-in lab services also target individuals concerned about confidentiality. Other tests include screenings for heart disease, diabetes, iron overload and sexually transmitted diseases. Self-test results don't become part of a medical record, so they aren't reported to insurance companies.

Ms. Krogness says she completed a "wellness panel," an $85 comprehensive screening that includes liver, kidney, iron and cholesterol tests, after reading about MedLabUSA.com online. An email directed her to a lab operated by LabCorp three miles from her home, and two days later she received an email that told her she could download her results.

A blood test on MyMedLab.com sells for $45, compared with $295 at the local hospital, says company president David Clymer. "We're trying to reach people who are stuck in a market where their only option is a hospital lab," he said. "We're not simply 20% cheaper -- we're 20% of [the hospitals' cost]. That's how consumer-driven health [care] is supposed to be."

Advocates maintain that as patients get less face time with their doctors, tests can provide them with helpful information so that they know what questions to ask their doctors. Despite a large potential market and the appeal of cheaper alternatives to hospital tests, the online model remains a tough sell.

Quest Diagnostics, a leading diagnostic-testing company, ended its online retail unit, QuesTest.com, in March because of poor sales performance. "I hated to see them go," said Mr. Bell. He added QuesTest.com helped "legitimize a gray area." Quest Diagnostics, Lyndhurst, N.J., tests patients at walk-in service centers, but those require patients to have a doctor's order.

LabCorp doesn't offer direct-to-consumer tests, citing its desire to keep physicians in the loop. However, most of the online brokers are able to use the LabCorp network for their direct-to-consumer business.

http://online.wsj.com/article_print/SB115076935218484812.html
 
Posted by J_U_ICE on :
 
IHUB

An article on Direct Lab Services, Inc in the Wall Street Journal is really something. I can understand how some physicians like it and some don't. The ones that don't like it is because they don't get the office visit unless something turns up LOL. From the article......"Customers are attracted to the online testing services because they are convenient and cut down on trips to the doctor's office. The online broker prepares paperwork for the lab visit, speeding patients through the process once they are at the lab. The online services advertise the labs they use are certified under provisions of a federal lab-safety statute."......A nice unbiased article from the WSJ.

I'll bet the other companies mentioned in the article aren't too happy about the new sherriff (RXPC) in Town LOL. LH trades for $61.29, DGX trades for $57.95 and ESRX trades for $67.27. RXPC will be right up there with them before too long IMO. GLTA
 
Posted by Johnwayne on :
 
Good entry price Portman. You beat my entry price. Don't hang your head about number of shares, cause it doesn't matter. We all started small.
Heck a lot of people on allstocks are full of BS about how much $$$$ they put in a stock anyway.
Good luck to you.... oh I see you are from Pittsburgh... I take back my good luck and will have to reinstate it after the weekend. Your Pirates are playing my Dodgers this weekend and with Tomko pitching I need all the luck I can get LOL!!!
 
Posted by shoot-the-messenger on :
 
Juice
Thanks for the info.
We really need that PR Monday.
Johnwayne and Portman, nice buys at a great $.

Holding 50K at .034

stm
 
Posted by J_U_ICE on :
 
quote:
Originally posted by shoot-the-messenger:
Juice
Thanks for the info.
We really need that PR Monday.
Johnwayne and Portman, nice buys at a great $.

Holding 50K at .034

stm

Anytime STM. Looks like next week will be fun
 
Posted by J_U_ICE on :
 
Link to a section for SEC reports. "SEC information coming soon." DLS labs listed under the partners section. Price is down... Are the MM's scrambling to get cheap shares?


http://www.rxprocessingcorp.com/
 
Posted by wallymac on :
 
Another great find JUICE. This looks to have a very big upside and sounds like the company is headed in the right direction.. This is on my must list for Monday.

THANKS

GLTA
Wally
 
Posted by J_U_ICE on :
 
Thanks Wally seems to be ready to takeoff. Good Luck on Monday it's a hard fill might want to leave open the all or none on your order to make sure you get in. GL

I'm going to get some much needed sleep
 
Posted by Johnwayne on :
 
Hah I stayed up later than juice
na na ne na na.
Ahh spit I just remembered your on Eastern time. Well I ain't staying up another hour. Night all.
 
Posted by Brad C on :
 
This sounds like a good stock if no PR on XKEM Monday I might sell some shares and come over for the ride. And by the way JUICE you have some of the best picks on allstocks...
 
Posted by jrdig7 on :
 
Juice,

Glad to see you keeping all updated here. Check out this story concerning DLS.


Found this on the DLS website, from Monday: WSJ Article

New Online Services Tout Low-Cost Medical Tests
By NICK TIMIRAOS
June 20, 2006; Page D4


Online medical-testing services are proliferating as the drive for consumer-driven health care gains momentum, though some medical experts complain that self-ordered tests don't necessarily benefit the consumer.

At least two new online services have sprung up this year touting these low-cost medical tests. MedLabUSA.com and MyMedLab.com have joined HealthCheckUSA, DirectLabs.com and others in offering to set up patients for the same diagnostic tests as walk-in lab services, hospitals and clinics. Customers visit a Web site, select a specific test, enter a ZIP Code and receive driving directions to a specimen-collection laboratory. Users pay with credit cards or a health savings account and don't need their doctor's prescription -- unlike walk-in clinics, which typically require a personal physician's approval.

The services provide customers with a receipt to submit for reimbursement from an insurance company or health savings account. Most insurers won't pay for such services, however, unless the patient's doctor has ordered the test. As a result, online customers usually pay upfront for the tests themselves.

Customers are attracted to the online testing services because they are convenient and cut down on trips to the doctor's office. The online broker prepares paperwork for the lab visit, speeding patients through the process once they are at the lab. The online services advertise the labs they use are certified under provisions of a federal lab-safety statute.

The online services say in-house doctors approve requests for tests -- a personal physician's signature is usually required by commercial labs, including Laboratory Corp. of America Holdings, known as LabCorp, and Quest Diagnostics Inc.

"It was just like shopping for anything else online," said Susan Krogness of Cathedral City, Calif., a registered nurse who works in health-care information technology. "I haven't been to the doctor in a while and wanted to see where I stood." She said she didn't consult with her doctor before the tests and figures she won't need to now, since the results didn't raise any concerns.

Such testing services draw mixed reviews from the medical community. Some advocates think they help healthy people monitor their health status, while critics worry that results will be misinterpreted or ignored. Even though companies include an explanation of the results and tell patients to share them with doctors, especially if tests show abnormalities, doctors fear that patients could rely on incomplete data or false readings.

"Do you know what to do with the results?" asked J. Edward Hill, a Tupelo, Miss., family physician and past president of the American Medical Association. Critics admit that the tests may be helpful in limited scenarios -- checkups to monitor cholesterol-fighting statin drugs, for example -- but too often they mislead patients, potentially leading to higher health costs later.

Despite such concerns, some physicians predict that more health systems will start offering online tests as a service to their patients. "Anything that can get people to a higher level of awareness of their own health status and get them to take some ownership is positive," said Bruce A. Friedman, emeritus professor of pathology at the University of Michigan Medical School.

The medical-testing trend is similar to initiatives undertaken by drug companies in recent years. "Pharmaceutical companies...have taken the product directly to the consumer. 'If you think this drug is right for you,' they say, 'check with your doctor.' That will be happening with blood tests within the next few years," said John Bell, chief executive at Direct Laboratory Services Inc., which operates DirectLabs.com.

Customers include health-conscious people who want tests to monitor their cholesterol, as well as uninsured people who don't want to pay for regular doctor visits. Online and walk-in lab services also target individuals concerned about confidentiality. Other tests include screenings for heart disease, diabetes, iron overload and sexually transmitted diseases. Self-test results don't become part of a medical record, so they aren't reported to insurance companies.

Ms. Krogness says she completed a "wellness panel," an $85 comprehensive screening that includes liver, kidney, iron and cholesterol tests, after reading about MedLabUSA.com online. An email directed her to a lab operated by LabCorp three miles from her home, and two days later she received an email that told her she could download her results.

A blood test on MyMedLab.com sells for $45, compared with $295 at the local hospital, says company president David Clymer. "We're trying to reach people who are stuck in a market where their only option is a hospital lab," he said. "We're not simply 20% cheaper -- we're 20% of [the hospitals' cost]. That's how consumer-driven health [care] is supposed to be."

Advocates maintain that as patients get less face time with their doctors, tests can provide them with helpful information so that they know what questions to ask their doctors. Despite a large potential market and the appeal of cheaper alternatives to hospital tests, the online model remains a tough sell.

Quest Diagnostics, a leading diagnostic-testing company, ended its online retail unit, QuesTest.com, in March because of poor sales performance. "I hated to see them go," said Mr. Bell. He added QuesTest.com helped "legitimize a gray area." Quest Diagnostics, Lyndhurst, N.J., tests patients at walk-in service centers, but those require patients to have a doctor's order.

LabCorp doesn't offer direct-to-consumer tests, citing its desire to keep physicians in the loop. However, most of the online brokers are able to use the LabCorp network for their direct-to-consumer business.

http://online.wsj.com/article_print/SB115076935218484812.html


Yes, from the Wall Street Journal. More good info here from GH.


An article on Direct Lab Services, Inc in the Wall Street Journal is really something. I can understand how some physicians like it and some don't. The ones that don't like it is because they don't get the office visit unless something turns up LOL. From the article......"Customers are attracted to the online testing services because they are convenient and cut down on trips to the doctor's office. The online broker prepares paperwork for the lab visit, speeding patients through the process once they are at the lab. The online services advertise the labs they use are certified under provisions of a federal lab-safety statute."......A nice unbiased article from the WSJ.

I'll bet the other companies mentioned in the article aren't too happy about the new sherriff (RXPC) in Town LOL. LH trades for $61.29, DGX trades for $57.95 and ESRX trades for $67.27. RXPC will be right up there with them before too long IMO. GLTA

Do the DD, you don't want to miss this one, imo.
 
Posted by portman on :
 
Thanks Johnwayne. I was just sharing my positions without being specific. One thing I don't want to act like on the board is something I am not. Eventually people get themselves tangled in the web they weave and lose credibility. Much better to just be yourself, make friends and money together. [Smile]

I am what I am. New to the Pennies and wanting to build my holdings (both cash and a few selected longs). I am happy making several plays that make me small gains to get where I want to be.

J_U_ICE, 10, Peaser and others have been very helpfull. It is amazing what you learn in one day watching a stock and watching the posts on the board alone. Not to mention all the good advice on the board.

So, thanks all!

Johnwayne, I could sit beside you in your Dodger gear at the park (PNC Park of course) and watch the game. Have a few $8 beers, peanuts and some dogs. It's all good my friend.
 
Posted by UVCLRules on :
 
Monday should be the start of an awesome run!
 
Posted by jrdig7 on :
 
I agree Monday is the start of a run but don't be disappointed if it is not an explosion. IMO, this is a longer term play, should be an easy 10 bagger+ by end of year. Alot of things to come, contracts, partnerships, financials for full reporting, and a move to the NAS. CEO has said to me that there is much more in the pipeline.

Daytraders will have trouble flipping this as the MMs have tended to keep a wide spread on this. It will tighten some but I just don't see this being a flippers stock. A nice steady climb is what I see here. GLTA
 
Posted by keithNJ on :
 
i like what i see::

new to this one...


i've seen the pros what are the cons !!!
 
Posted by The Bigfoot on :
 
mmm.

Looking at it. If it dips some Monday morning before the PR I'll prolly get in.

The Bigfoot
 
Posted by Johnwayne on :
 
PR is supposed to be released at open.
 
Posted by JF Glass Works on :
 
I'm gettin in on this. Let's see if we can get a pharma company streak going. XKEM has had a very good run, now to continue with RXPC.
 
Posted by portman on :
 
Looking long and buying more in the morn. I hope I have a conference call at open...multi-tasking is fun.
 
Posted by keithNJ on :
 
whats going on with the direct labs merger ?????????
 
Posted by gatorboy2424 on :
 
im goin to get in on tomorrow, looks good especially after some DD
 
Posted by Johnwayne on :
 
Keith-
Direct Labs merger was supposed to be completed June 15 so some are expecting
tomorrow's PR to either announce completion date of merger or at least provide update.

To address your con question,
I think most can agree the low volume needs to pick up. That should happen with good news.
 
Posted by portman on :
 
Anyone want to share guesses on target open pricing:

I have targeted .029 (but I might be low).
 
Posted by J_U_ICE on :
 
I think this is new, both are huge Labs, Labone is part of Quest and LabCorp did $3.3 Billion is Revenue last year!

Can you say Partnerships!

http://www.rxprocessingcorp.com/findlocations.asp
 
Posted by portman on :
 
Nice!
 
Posted by J_U_ICE on :
 
IHUB

I don't want to even speculate on this comment found on the website in talking about RXPC with LH (Lab Corp) and DGX (Quest).

"As our companies join together, our highest priorities are to ensure that our customers experience no disruptions in service and to use this opportunity to further improve the level of service we provide".

If we are working with or partnering with them forget about it. They have twice as many shares out then we do and trade in the $60.00 per share range. GLTA.
 
Posted by keithNJ on :
 
... if we are merging with direct labs, why are there other labs serivces on their site?????
 
Posted by portman on :
 
Yeah, J-U_ICE, I could take that several ways.
 
Posted by J_U_ICE on :
 
I would assume they're I trying to become a "one stop shop" for all testing
 
Posted by portman on :
 
Not sure I like the PR.
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Securing Your Health Care Future

Business Wire via COMTEX


Jun 26, 2006 9:11:01 AM

WILMINGTON, Del., Jun 26, 2006 (BUSINESS WIRE) --

Rx Processing Corporation (OTC:RXPC) announces in furtherance of expanding our overall mission towards establishing a bridge to prescription medications, laboratory testing and preventative diagnostics we are fortifying our shareholders position. We assert and maintain our continuing commitment to play a pivotal role in the evolution of the health care industry.

Additionally, the company is further motivated by the ongoing support of its shareholders as we address the varied needs of individuals, organizations and care providers working collectively with those of similar vision.

Rx Processing Corp. is taking immediate steps forward to execute business and financial plans, which include continuing our relationship with John Bell, owner of Direct Laboratory Services as a significant shareholder while taking necessary actions to increase our exposure and strengthen shareholder financial position. We embrace this transformation and believe our efforts will provide broader services to a wider demographic of U.S. citizens.

Peter Fiorillo Commented, "As Chairman/CEO my first obligation is a responsibility to the health care needs of our citizens and to those shareholders who empower us to achieve these goals. This week I have taken actions that effectively provide shareholders a new beginning focused with the same determination to complete the mission I started three years ago."

http://www.rxprocessingcorp.com

About Rx Processing Corp.

Rx Processing Corp. is positioned to become a market leader in providing prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risks and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055

Copyright Business Wire 2006
 
Posted by invester on :
 
I bought 100k, this looks fantastic!!!!!
 
Posted by J_U_ICE on :
 
jrdig7 post

I just got off the phone with Peter. He said the rest of the story will become clear this week.


This isn't a competition. Let's all make some green. GLTA
 
Posted by J_U_ICE on :
 
044 [+]X 0.045
 
Posted by J_U_ICE on :
 
049 [+]x 0.05
 
Posted by portman on :
 
I was too low on entry point...maybe I will get in more on a dip.
 
Posted by invester on :
 
Huge potential, this and WWEN.
 
Posted by invester on :
 
[Smile]
 
Posted by invester on :
 
Any idea of potential revenues? Comparing to similar companies, if they have even a slice of the pie, it could be several million a month.
 
Posted by J_U_ICE on :
 
more buys coming in ready to takeoff
 
Posted by Johnwayne on :
 
Investor- I'm not sure but I do know similar companies are trading in the $60 range with larger floats.
 
Posted by jrdig7 on :
 
Guys, I think we have a real winner here. It is a long term hold, imo. I don't see this being a daytrade stock and I don't see big dips on this either. Most people that are buying this realize the potential to get to dollars and are holding for the ride. I doubt there is much of the float left. Good luck and enjoy the ride.
 
Posted by Johnwayne on :
 
FROM IHUB:

just talked to Peter. All additional questions will be answered in a PR this week and a shareholder conference call after the 4th of July holiday. He is very excited in the direction we are heading and said RXPC never looked so good since he started the company in 2004. Great things ahead. GLTA.
 
Posted by J_U_ICE on :
 
05[+]x 055 looking good on almost 3x avg vol
 
Posted by invester on :
 
Up 64% to the Moon!!!!!!!!!!!
 
Posted by J_U_ICE on :
 
up 64%
 
Posted by invester on :
 
Up 79% Ya!!!
 
Posted by J_U_ICE on :
 
up 79%
 
Posted by invester on :
 
Up 88%
 
Posted by J_U_ICE on :
 
0.063 up 88%
 
Posted by invester on :
 
Up 91%
 
Posted by rimasco on :
 
OHHH. U da man JUice
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rimasco:
OHHH. U da man JUice

Thanks. [Big Grin] I like to think so.
 
Posted by invester on :
 
Ask at .07!! UBSS is at .10!!!!
 
Posted by J_U_ICE on :
 
4.5x avg volume
 
Posted by invester on :
 
Ask 2x.07
1x.09
1x.10

Thin to .10

I read that insiders cancelled about 80 million shares, to bring the total outstanding to 67 million. Float is amount 6 million!!!!
 
Posted by invester on :
 
Up 100%!!!!!
 
Posted by J_U_ICE on :
 
quote:
Originally posted by invester:
Up 100%!!!!!

[Eek!] [Big Grin]
 
Posted by Johnwayne on :
 
Juiceeeeeeeeeeeeeeeeee!!!
Thanks buddy. I owe you.
 
Posted by J_U_ICE on :
 
RXPC"s PR Firm Global Media Group Clients Incude AOL,Ford,3M ETC
 
Posted by invester on :
 
quote:
Originally posted by J_U_ICE:
RXPC"s PR Firm Global Media Group Clients Incude AOL,Ford,3M ETC

That is great news!!!
 
Posted by invester on :
 
quote:
Originally posted by Johnwayne:
Investor- I'm not sure but I do know similar companies are trading in the $60 range with larger floats.

What company are you speaking of in the $60 range?
 
Posted by invester on :
 
UP 102%
 
Posted by J_U_ICE on :
 
067 [+]x 0.08 almost 7x volume
 
Posted by madmoney on :
 
388,611 shares sold below the bid at .05! WTF!! big misteak!!
 
Posted by madmoney on :
 
up 123 percent!!!
 
Posted by invester on :
 
Up 138%
 
Posted by J_U_ICE on :
 
138.81%
 
Posted by invester on :
 
What is the $60 stock that compares to this one?
 
Posted by invester on :
 
Did you guys read this? I can't believe how undervalued this stock is. They are moving to the Nasdaq as well. This is truly an amazing find.


Rx Processing Corp. Comments on Quest Diagnostics 'Quest Test' March 31st 2006
Tuesday April 4, 9:30 am ET


WILMINGTON, DE--(MARKET WIRE)--Apr 4, 2006 -- Rx Processing Corporation (Other OTC:RXPC.PK - News), a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans who are under-insured or have no prescription insurance coverage, recognizes the invaluable laboratory services Quest Diagnostics Inc. performs daily and the competitive nature they have established, with the entry into Direct Access Laboratory Testing through their subsidiary 'Quest Test.'
ADVERTISEMENT


'Quest Test' was set up to educate the public on the importance of preventative health laboratory blood tests to aid in the diagnosis of disease for long term wellness direct to the consumer. The accomplishments and innovations 'Quest Test' cleverly evolved after entering an industry pioneered by Direct Laboratory Services Inc. in support of a preventative health care initiative will be continued through Rx Processing Corp. long into the future.

'Quest Tests' innovative technologies, enhanced marketing channels, and corporate leaders brought recognition to the national movement towards preventative health laboratory testing. The challenges of delivery are straining on any company, organization, or provider and often the thin margins that make the changing revolution in health care affordable as Quest Diagnostics experienced through 'Quest Test' can prove too much to bear. We recognize the challenges presented and further extend our original mission, to compete as an ally, not an adversary in developing an emerging market that will support our ongoing mission to under and uninsured citizens through preventative health care and early detection of disease.

Peter Fiorillo stated, "Remarkable, Direct Laboratory Services Inc. innovated direct access laboratory testing over the last 17 years and 3 years ago, Quest Diagnostics entered the market through 'Quest Test' and today Direct laboratory Services is on a 250% growth curve relative to a year ago (last years sales, $1.3 million) while the future of 'Quest Test' is uncertain . With your collective support we will continue to focus upon the needs of the under and uninsured citizens of our nation."

Rx processing Corp. is poised to transition into a NASDAQ listed company in 2006.

http://www.rxprocessingcorp.com

About Rx Processing

Rx Processing is positioned to become a market leader in providing prescription medications and preventive health laboratory tests to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens could benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Quest Diagnostics Inc. and 'Quest Test' name are the property Quest Diagnostics Incorporated headquartered in Lyndhurst, New Jersey, in the United States of America.

Direct Laboratory Services Inc. name is owned by Driect Laboratory Servies Inc. a Lousianna company that Rx processing Corp. optioned for aqusition.


Contact:
CONTACT:
Rx Processing Corp.
Peter Fiorillo
(800) 576-7055
http://Rxprocessingcorp.com



--------------------------------------------------------------------------------
Source: Rx Processing Corp.
 
Posted by invester on :
 
Yes, DGX is an 11 billion "$60" corporation. They have almost triple the shares outstanding. I can't get over this find. This will be several dollars in the future.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by invester:
Yes, DGX is an 11 billion "$60" corporation. They have almost triple the shares outstanding. I can't get over this find. This will be several dollars in the future.

It gets better and better the more you look I've been watching this for a couple of months
 
Posted by J_U_ICE on :
 
****************: Updates on Rx Processing Corporation

M2 Communications via COMTEX


Jun 26, 2006 1:09:02 PM

Jun 26, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought Rx Processing Corporation (OTCPK:RXPC) to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

Shares up 35% reaching a high of $.05 on the pink sheets Monday. Momentum comes as Rx Processing Corporation (OTC:RXPC - News) announces in furtherance of expanding our overall mission towards establishing a bridge to prescription medications, laboratory testing and preventative diagnostics we are fortifying our shareholders position. We assert and maintain our continuing commitment to play a pivotal role in the evolution of the health care industry.

Additionally, the company is further motivated by the ongoing support of its shareholders as we address the varied needs of individuals, organizations and care providers working collectively with those of similar vision.

Rx Processing Corp. is taking immediate steps forward to execute business and financial plans, which include continuing our relationship with John Bell, owner of Direct Laboratory Services as a significant shareholder while taking necessary actions to increase our exposure and strengthen shareholder financial position. We embrace this transformation and believe our efforts will provide broader services to a wider demographic of U.S. citizens.

Peter Fiorillo Commented, "As Chairman/CEO my first obligation is a responsibility to the health care needs of our citizens and to those shareholders who empower us to achieve these goals. This week I have taken actions that effectively provide shareholders a new beginning focused with the same determination to complete the mission I started three years ago."

http://www.rxprocessingcorp.com

About Rx Processing Corp.

Rx Processing Corp. is positioned to become a market leader in providing prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States citizens would benefit from the company's affordable prescription medication and laboratory testing programs.
 
Posted by jrdig7 on :
 
The CEO has told me his goal is $20 pps within 5 years. They want to give cash divvies in the future. So much to come. DD and you will see the future is very bright with this one. Hold'em tight because more news coming this week.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by jrdig7:
The CEO has told me his goal is $20 pps within 5 years. They want to give cash divvies in the future. So much to come. DD and you will see the future is very bright with this one. Hold'em tight because more news coming this week.

Sounds pretty good to me [Big Grin] . It seems the more DD I find the better this Co. gets. Thanks for the update
 
Posted by T e x on :
 
nice one, fellas...
 
Posted by J_U_ICE on :
 
quote:
Originally posted by T e x:
nice one, fellas...

Thanks Tex not too late to jump on board IMO
 
Posted by T e x on :
 
quote:
Originally posted by J_U_ICE:
quote:
Originally posted by T e x:
nice one, fellas...

Thanks Tex not too late to jump on board IMO
think so--just a lil retrace here?--I just got in, from "job gone bad," lol
 
Posted by J_U_ICE on :
 
"job gone bad" What are you a hitman?

I think this is still a good buy the CEO said more j_u_icy PR this week. Good Luck
 
Posted by T e x on :
 
OT: hitman, lol...commercial carport to install lighting, 30-30 spaces--supposed to be decked and painted; drove two hours, half decked, none painted... [Roll Eyes]
 
Posted by T e x on :
 
OT: GMHB flying!
 
Posted by J_U_ICE on :
 
I just posted the GMHB PR and by the time I went to buy it was moving not chasing
 
Posted by T e x on :
 
OT:

GMHB crazy, i believe that takes the cake for % jump/low volume
 
Posted by J_U_ICE on :
 
quote:
Originally posted by T e x:
OT:

GMHB crazy, i believe that takes the cake for % jump/low volume

[Eek!] HOLY SH!t
 
Posted by T e x on :
 
you know I was just mentioning to a fella last week--I gotta start watch these filings closer...
 
Posted by J_U_ICE on :
 
quote:
Originally posted by T e x:
you know I was just mentioning to a fella last week--I gotta start watch these filings closer...

I know what you mean I miss way too many
 
Posted by ShortTermMemory on :
 
Very impressive today!
 
Posted by invester on :
 
I believe this will be well over $1 in the near future. There are to many Catalysts for it not to be.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by ShortTermMemory:
Very impressive today!

ShortTermMemory you're not kidding. who says the summer has to be slow [Big Grin]
 
Posted by T e x on :
 
bid ut
 
Posted by T e x on :
 
ahhh, what happened to the bid?
 
Posted by J_U_ICE on :
 
probably the MM trying to short before the july 3rd deadline stops them
 
Posted by J_U_ICE on :
 
closed up 126.87% not a bad day [Big Grin]
 
Posted by letitrideboy on :
 
nice!!! I had to leave but I put in an order this morning for some more at .036 and I got it! Come back and see that close WOW awesome. So am I the only one who has held all their shares? lol
 
Posted by NEL on :
 
I'm still holding...for better or worse?
 
Posted by jrdig7 on :
 
The holders will be rewarded here. Most want their quick pops and run but this one is not your typical pink. Check out the website and all the goodies there that have not been pr'd yet. You may be able to cash out with a nice profit, but you will miss out on the big run that is yet to come, imo.
 
Posted by invester on :
 
I agree with that assessment. The O/S is only 67 million. The insiders canceled 80 million to give shareholders more value. If that is not commitment to excellence I don't know what is. If they have a fraction of Quest Diagnostics business this will be $5 in no time. At a $1 your talking about a 67 million market cap. That is absolute chicken feed. This has big money written all over it. This one, and WWEN are the low O/S, high runners you look for. These are dream stocks.
 
Posted by portman on :
 
I am holding all my shares. This is one I did not flip my captial back but I am in real low.

I plan to hold what I have. I have an oddly good feeling on this one. LOL, like that means anything...I had a bad feeling on XKEM (I still bought it). [Smile]
 
Posted by invester on :
 
You guys should check out there website. It's very simple, and easy to use. They will be using there public status for M*A. I really like there dedication, and drive. You don't typically find this in a Pink.
 
Posted by invester on :
 
quote:
Originally posted by portman:
I am holding all my shares. This is one I did not flip my captial back but I am in real low.

I plan to hold what I have. I have an oddly good feeling on this one. LOL, like that means anything...I had a bad feeling on XKEM (I still bought it). [Smile]

XKEM has 1 billion shares outstanding. RXPC has 67 million. There is no comparison between the two. Any company that dilutes the shareholder like XKEM is not for me. I only traded XKEM, RXPC is an actual long term investment
 
Posted by jrdig7 on :
 
Invester, And the beauty of that OS is that it is going to get smaller, not larger per discussions with the CEO. They have 5 mil shares being returned from a merger deal that went bad and he told me that they would be retired. Long and strong here.
 
Posted by letitrideboy on :
 
Long and strong here!
 
Posted by keithNJ on :
 
WHERES THE MERGER,,, SOUNDS LIKE DIRECT LABS JUST OWNS A LOT OF SHARES .... OMO
 
Posted by J_U_ICE on :
 
quote:
Originally posted by keithNJ:
WHERES THE MERGER,,, SOUNDS LIKE DIRECT LABS JUST OWNS A LOT OF SHARES .... OMO

Not sure why the deal hasn't been announced yet but this leads me to believe it's done:

http://www.rxprocessingcorp.com/partners.asp
 
Posted by keithNJ on :
 
that says nothing but give me a punch of shares and i'll let you put my company on your website ..........
 
Posted by keithNJ on :
 
where are the numbers,,, show me the revenues !!
 
Posted by keithNJ on :
 
where are the numbers,,, show me the revenues !!
 
Posted by J_U_ICE on :
 
Then look at it that way. Let's face it what ever I say you're going to respond " that doesn't mean anything" So the better question is why are you asking? If your so worried get out I'll be more than happy to take your shares
 
Posted by Johnwayne on :
 
Portman-
One time I had a good feeling about a stock that was up 150% . I had seen it go up 1000% in a day and felt it was due for one again, so I suggested it to a few guys.
1.5 hours later it had retraced not just back to even it was down 25%.
A few days later I found out it was a scam.
Always a crap shoot. If you are lucky enough to find someone who knows what they are doing you better listen.
And even they will tell you they miss one sometimes.
 
Posted by jrdig7 on :
 
Keith, The numbers are coming, in about 30 days when the complete audit is done. RX will be a fully reporting comp and moving off the pinks very soon.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by jrdig7:
Keith, The numbers are coming, in about 30 days when the complete audit is done. RX will be a fully reporting comp and moving off the pinks very soon.

Still awake jrdig7. I'm too fired up over this Co. to relax. [Big Grin]
 
Posted by Johnwayne on :
 
Keith I just read your posts, what the hell?
 
Posted by J_U_ICE on :
 
Duke it's funny when someone complains about a stock that went up 126%

Here's a post I liked on HSM

Once some other MM's come into this play, it will be much harder for them to manipulate and it will be a frenzy as they scramble for shares. A good example of this was ITPD a few sessions ago when NITE was the only major player controlling the boards. Once more buyers came in, it brought more MM's into the mix and NITE got completely ran over. It busted loose for 200%+. Like I said, with this being such a low floater, it makes it even more attractive. I LOVE LOW FLOATERS!!
 
Posted by J_U_ICE on :
 
HSM

What still noone has talked about, is the fact that the PR that came out was really quite fluffy! Not that I am complaining. I made some good money today! The ones who have been in this for a while know that the company has a lot in store for the investor and that they could drop something huge on us very soon. I really think that they will hit us with the Direct Service Labs aquisition first, then the global media fund partnership, then the results of the audit to move off of the pinks. I am so speculating, but it is fun. Here is to all that are in this!!! Cheers!
 
Posted by Johnwayne on :
 
I think most with any experience sniffed out a follow up to today's fluff PR. Sometimes companies put out fluff to get investor's eyes on the stock than follow up with some substance while everyone's still watching.
Hopfelly I can follow this the next two days while I'm in the Humpdome.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by Johnwayne:
I think most with any experience sniffed out a follow up to today's fluff PR. Sometimes companies put out fluff to get investor's eyes on the stock than follow up with some substance while everyone's still watching.
Hopfelly I can follow this the next two days while I'm in the Humpdome.

I agree and if it went up 126% on this PR I can't wait for the legit ones.

Have fun in Minnesota it should be a blast. Seems like a good park to see a game.
 
Posted by portman on :
 
I was just making fun of myself for even making coomments on stocks based on gut instinct.

I didn't like the PR since it really didn't say much and that lowered my expectations for the day. Obviously that mattered. [Smile]

I look forward to more interesting PR.
 
Posted by keithNJ on :
 
hey john w, i'm not bashing i'm just asking some questions .
 
Posted by letitrideboy on :
 
ask is up to .10
 
Posted by invester on :
 
Ask .10
 
Posted by invester on :
 
Like I said, the O/S is to low, and the potential is to great for this one. Management that cancels more than half the shares to appease shareholders is a management for me. The market cap at .10 is only 6.7 million!!!! I truly like this one.
 
Posted by J_U_ICE on :
 
This is looking good!!!!!!!
 
Posted by invester on :
 
ubss .10
ETRD.105
 
Posted by invester on :
 
Up 31%
 
Posted by invester on :
 
.101!!!!!
 
Posted by J_U_ICE on :
 
up 33% with nice buy coming in.
 
Posted by invester on :
 
[Smile]
 
Posted by J_U_ICE on :
 
New MM TASL joined the party. Time to blow them out
 
Posted by invester on :
 
Getting there short in before the July 4th deadline. It is so obvious that they shorted at .09 and covered at .06.
 
Posted by J_U_ICE on :
 
And maybe a few weak hands also. They will regret the panic
 
Posted by Schwabie on :
 
down 8% !
 
Posted by letitrideboy on :
 
UP then down up then down!!! WEEE rollercoaster ride! I love em!
 
Posted by J_U_ICE on :
 
Trying to figure out why ppl would sell when the CEO has come through time and time again and another PR is expected this week.
 
Posted by invester on :
 
I think its great that the manipulation by the MM should stop after the July 4th reporting deadline. This should let stocks run ALOT smother.
 
Posted by jrdig7 on :
 
Juice, It seems that most people that play the pinks are just looking for those little pops and then they move. There aren't too many looking for a true investment, and that is what this company represents, imo.
 
Posted by letitrideboy on :
 
jrdig that is definetly it. a hell of a lot of people flipped this with out a doubt. I can see how tempting it would be! But I definetly want to stay in this for the long play
 
Posted by J_U_ICE on :
 
IHUB

Peter mentioned something to me about a newspaper type blitz in thousands of newspapers but didn't get details. Said that was coming after everything is in order.
I am 99% sure he mentioned the number 10,000 newspapers. The exposure we will be and are getting from all sources and articles like the WSJ is going to blow this open at some point.
that is coming after the news is released. All he would say was that they had things to finalize before they pr everything. One thing to think about here, July 4th is next Tuesday, the day the website is supposed to be fully operational. Peter told me they were training the people to man the phones etc. I would say knowing this, the DLS has to be finalized by the 4th.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by jrdig7:
Juice, It seems that most people that play the pinks are just looking for those little pops and then they move. There aren't too many looking for a true investment, and that is what this company represents, imo.

I agree they are going to miss out on a big thing all because of their panic sales. I guess it's all about the DD that you've done. The more DD I do the better this company looks
 
Posted by J_U_ICE on :
 
IHUB post this is really just the beginning. IMO

It's all coming together then. Global Media Fund will start their mass marketing campaign very soon, more investors will start poking around and revenues will begin to soar! And we're all in at the ground floor. Sounds real good! GLTA!
 
Posted by portman on :
 
Here here! J_U_ICE!

Bartender!
 
Posted by invester on :
 
These are all great catalysts. I am pleased with this one.
 
Posted by J_U_ICE on :
 
up 18% volume over 1m
 
Posted by rimasco on :
 
Looks like the selling is finally.....DONE!!!
 
Posted by invester on :
 
Weak hand must be dying inside!!!! [Smile]
 
Posted by J_U_ICE on :
 
quote:
Originally posted by invester:
Weak hand must be dying inside!!!! [Smile]

Good Serves them right.
 
Posted by J_U_ICE on :
 
A POST FROM PETER ON IHUB


CEO Message....


Lets roll !


Peter Fiorillo
 
Posted by invester on :
 
It’s just funny to me that traders can't see what’s going on behind the scenes. They buy low, sell it high, short, and then cover. It is as plain as day. This stock goes higher. [Smile]
 
Posted by wallymac on :
 
Thank God for daytraders. I was able to fill half my order today at .05. I feel very lucky. Wish it had completely filled but I'm not greedy. Nice close at .09. This could possibly gap in the AM. I see a lot of upside on this one.

GLTA
Wally
 
Posted by portman on :
 
Nice Wally!

When I looked at it this afternoon and it was down arouns .065 I just said to myself...NO problem. It will come back.

Bingo!
 
Posted by J_U_ICE on :
 
quote:
Originally posted by wallymac:
Thank God for daytraders. I was able to fill half my order today at .05. I feel very lucky. Wish it had completely filled but I'm not greedy. Nice close at .09. This could possibly gap in the AM. I see a lot of upside on this one.

GLTA
Wally

Nice job Wally!!! aren't panic sellers great [Big Grin] This is going to make us some nice money. IMO
 
Posted by J_U_ICE on :
 
From IHUB

DLS Merger/Acquisition status?? Where is this in terms of closing?


We are waiting on that update from Peter. Im guessing and hoping at any moment. I think DLS jus tip of iceburg and whats to come though. I think last PR hinted towards a few major things coming including DLS. Also remember that Peter told Jr that he will be doing something for us shareholders and the stock that no other company has ever done. Whatever the heak that will be makes me think of blueskies with all the possibilites! This is definitely jus beginning to unfold and Im gettin ready for many great PRs and moves by RXPC to grow and enhance shareholder value, jus like Peter has told us! GL and I think all questions be answered soon!
 
Posted by djg7 on :
 
Damn. I'm going to be out of town all day doing the 4 letter word (work). I'll probably miss out on this. Count me in tomorrow if this doesn't run today.
 
Posted by invester on :
 
[Smile]
 
Posted by invester on :
 
UBSS IS AT .15
 
Posted by Schwabie on :
 
Down 24 % ahhh !
 
Posted by invester on :
 
The MM shake. I thought that dance was old. It will be July 4th.
 
Posted by Egg Inspector on :
 
juice...Ive been looking at this for weeks....

wish I would have got in when I first saw it.(read PR on dividend right after the 4th of June -Date of record-) cause I missed the divi i got discouraged and moved elsewhere but kept it in my sights. when you said good night last night at around 2:00am and mentioned making X*** and RXPC money in the morning, I said;"I have to re-look at that tomorrow. this morning I had 1 position that was just ok, lingering, didn't look like it was going anywhere and it got a bounce this morning, Rx took a little dip and I made the move.

I am excited about this one. now that I came to the thread and found you, I am even more excited [Smile]
 
Posted by Egg Inspector on :
 
oh...I'm in * .068.

I thought that was pretty good considering the open.

was * .09 when I first looked at it this morning [Smile]
 
Posted by J_U_ICE on :
 
Glad to hear that Egg. this is just the tip of the iceberg for what RXPC should do. There are plenty of major things on the horizon.
 
Posted by invester on :
 
quote:
Originally posted by Egg Inspector:
oh...I'm in * .068.

I thought that was pretty good considering the open.

was * .09 when I first looked at it this morning [Smile]

A very good buy indeed, the ask is .09 now.
 
Posted by Jimmy Mac on :
 
Also in at .068

GL
Jimmy Mac
 
Posted by J_U_ICE on :
 
welcome aboard Jimmy Mac and Egg Inspector!!!!!!!!!
 
Posted by portman on :
 
Ditto what J_U_ICE said [Smile]
 
Posted by SherriT on :
 
J-U-ICE, I think you definately have a following that is for sure! I know that my choices have to be pretty reasonable when I see you and Egg in them....good things happen to good people.
 
Posted by J_U_ICE on :
 
Thank you very much Sherri. Good Luck
 
Posted by doubleS on :
 
looks like this is a good entry, but isnt news supposed to be by today or is it this week
 
Posted by wallymac on :
 
quote:
Originally posted by doubleS:
looks like this is a good entry, but isnt news supposed to be by today or is it this week

The rumor is that the news will happen prior to July 4th and is big. Take that for what it is worth. I don't know about PR releases only that the DD I have found on this company shows very high potential.


GLTA
Wally
 
Posted by doubleS on :
 
thanks alot
 
Posted by letitrideboy on :
 
if it doesnt come out with the PR before this weekend I wouldnt be surprised, I would wait to release it after the 4th, so it doesn't loose momentum over the long weekend.
 
Posted by J_U_ICE on :
 
FROM IHUB post

Decided to do a quick comparison with Walgreens and RXPC on a few popular drugs. Results are impressive. Sorry about the table format.

.........................RX Processing Corp.......Walgreens
Lipitor 20mg Brand:.......90 for $228.28...........90 for $310.69
Coumadin 5mg Brand:......100 for $41.22...........100 for $89.99
.............Generic:....100 for $31.15...........100 for $40.69
Zoloft 50mg Brand:.......100 for $200.51..........100 for $235.79
Wellbutrin SR 100mb Brand:.60 for $49.67..........60 for $166.99
Fosamax 10mg Brand:.......30 for $68.29............30 for $89.99
..........................90 for $190.87...........90 for $257.89

Nice!
 
Posted by portman on :
 
Not worried...holding

J_U_ICE - love those prices!
 
Posted by J_U_ICE on :
 
I'm not worried either staying put
 
Posted by invester on :
 
Wow, look at the price difference for Wellbutrin. These prices are substantial.
 
Posted by J_U_ICE on :
 
From IHUB board

Question:Did Not Peter Say/Hint Another PR This Week? Besides Lets Roll.

Answer:There was no hint, he said there would be news this week. That is all I know.
 
Posted by J_U_ICE on :
 
Posted by: in2lite
Date:6/29/2006 1:03:50 AM


let me also add a little fact with definite revenue impact. i paraphrase here so maybe someone can post the actual language from the PR (i think i am recalling this accurately).

RXPC is not a "PBM" (pharmacy benefits manager) such as Caremark, ExpressScripts, etc., where they carveout (or assume) pharmacy risk and manage same for HMO's, or otherwise administer the discounted fee for service pharmacy portion of the benefit plan as well as contracted rates with third partie payors (e.g., PPOs, non risk HMOs, TPAs, MCOs or multiple employers trusts, etc...since RXPC's primary market is the (growing) "un" and "under-insured" market segments.

however, apparently during the DLS DD acquisition phase it was revealed that the state of Louisiana's self funded employee health plan contracted with DLS as a PBM for pharmacy benefit plan administration and discount pricing management. this typically means the PBM (DLS and soon to be RXPC) earns a fee per covered life (i.e., the employee, their dependents and possibly even retirees/dependents) per month per total "covered lives".

so if we are talking about 50,000 total employees (a SWAG -- wild ass guess), then we multiply that times a factor (say 2.5 or more....) to arrive at the covered lives (RECURRING revenue) basis. so 50k x 2.5 = 150k of covered lives. then multiply that by negotiated "admin fee" the PBM earns from administering the deal.

this fee is the equivalent of "mail box money" or an annunity inasmuch as the income is realized per member ("covered life") each and every month the life is eligible under the terms of the benefit plan.

OK, perhaps i should have waited to offer the explanation AFTER i bought more shares tomorrow -- oh well lets see if anybody even reads this post as it's kinda late here in Oceanside, CA.

lets roll!!
 
Posted by Jimmy Mac on :
 
Appreciate your efforts JUICE!

Long and strong..2 buys yesterday and will add today on any pullback!


Jimmy Mac
DYODD
 
Posted by J_U_ICE on :
 
Thanks Jimmy Mac!!!!!!! good job with the 2 buys yesterday. I'm here for the Long haul and will add on the dips also.
 
Posted by J_U_ICE on :
 
Posted by: jrdig7

Peter is probably going to start blocking my calls, lol. Just got off the phone and his mood is very upbeat. Said he wouldn't give a time but news will be out this week, maybe this afternoon. Keep your eyes on Businesswire.

Peter seems like the real deal and I feel we are in very good hands. He said he is looking forward to meeting all of the shareholders. Hold'em strong and long.
 
Posted by J_U_ICE on :
 
Up 20% already past avg volume. Looks great with news on the way today or tomorrow
 
Posted by Johnwayne on :
 
Gonna jump back in here, a little bigger this time.
Bought at .03, sold some at .07 and some at .065.
Now hoping to get back in at .085 or below.
This company's gonna explode. I got a hunch that news is huge.

Juiceeeeeeeeee!!
I am going to compile a list of the all time Yankee team from the mid 70's to today. I will present it to you tonight. Still torn at the manager position between Martin and Torre.
 
Posted by Jimmy Mac on :
 
Great Start!
It is almost scary to think where this may go!


Jimmy Mac
 
Posted by J_U_ICE on :
 
quote:
Originally posted by Johnwayne:
Gonna jump back in here, a little bigger this time.
Bought at .03, sold some at .07 and some at .065.
Now hoping to get back in at .085 or below.
This company's gonna explode. I got a hunch that news is huge.

Juiceeeeeeeeee!!
I am going to compile a list of the all time Yankee team from the mid 70's to today. I will present it to you tonight. Still torn at the manager position between Martin and Torre.

I look forward to seeing that. Don't forget to put oscar Gamble's hair on the list. How was your visit to the Metrodome? Besides the obvious
 
Posted by Johnwayne on :
 
Just glad I only had to sit through two arse kickings. Twins are hot right now, but they do need a new stadium.
 
Posted by J_U_ICE on :
 
Twins are playing very well right now Santana is unreal. Do they have a new stadium in the works?
 
Posted by djg7 on :
 
Santana and Liriano are tough. I watch the Twins every night. They can't gain any ground on the Tigers or White Sox. This is a tough division with great pitching.
 
Posted by Johnwayne on :
 
Yes, I believe it is set to open in 2010.
 
Posted by djg7 on :
 
Twins stadium bill was signed less than a month ago. Oh by the way the ask is down to .082. I'm waiting for it to dip a little more.
 
Posted by SherriT on :
 
Gotta go with Torre on that one, Johnwayne. Martin was good, but Torre has delivered more rings (unless I forgot some). Although, if who gives the umps more hell takes precedence over championships, then it's Martin....
 
Posted by J_U_ICE on :
 
That's a tough one. i love Torre but how can you not take Martin any coach who was willing to fight his players to get his point across whether it be in the dugout or a hotel bar.
 
Posted by Jimmy Mac on :
 
I gotta go with Martin just for his relationship with RJ and "The Boss"
2 guys that needed a little Billy ball.
JT has had the better players and has the better results.

Jimmy Mac
 
Posted by Johnwayne on :
 
My heart says Martin.... look how many different teams he rebuilt. But as Yankee coach it's hard to ignore Torre's rings. Had Martin been able to keep from drinking who knows, maybe the Yankees would have kept on winning. I love what he did to Reggie.....
 
Posted by J_U_ICE on :
 
You've got to update me on the All Yankee team your putting together Duke
 
Posted by J_U_ICE on :
 
I'm expecting PR either after the closing bell today or at the opening tomorrow
 
Posted by Johnwayne on :
 
I will send you my picks tonight. Gave it some good thought on the drive home last night.
gonna be all positions plus DH
starting 5
closer, and in my eyes closer is not open and shut Rivera
You got Goose,RIghetti, Lyle, Rivera. Wettland wasn't too bad either.
 
Posted by J_U_ICE on :
 
Held strong closed up over 11% and news is on the way later today or tomorrow as per CEO
 
Posted by wallymac on :
 
Juice, this one is a winner. I've had to rethink my exit strategy. Originally thought I should cash half my shrea at .15 but if we get premarket PR like I believe we will, this could go much higher. May look to sell 1/4 at .25 and ride the rest for the long haul.

GLTA
Wally
 
Posted by Johnwayne on :
 
Well I got back in small at the end of the day. As soon as I sell WRMA I will dump a bigger
amount in here. Hope the PR waits for me cause this puppies gonna explode.
 
Posted by J_U_ICE on :
 
[QUOTE]Originally posted by wallymac:
Juice, this one is a winner. I've had to rethink my exit strategy. Originally thought I should cash half my shrea at .15 but if we get premarket PR like I believe we will, this could go much higher. May look to sell 1/4 at .25 and ride the rest for the long haul.

GLTA
Wally
[/QUOTE

Wally I've been doing the same thing trying to figure out when I want to take a little out because I want to keep the bulk of my shares for the long run. It's a good problem to have. good luck
 
Posted by J_U_ICE on :
 
quote:
Originally posted by Johnwayne:
Well I got back in small at the end of the day. As soon as I sell WRMA I will dump a bigger
amount in here. Hope the PR waits for me cause this puppies gonna explode.

I hope it works out well Duke but my gut feeling is that news at the latest will come at the opening bell.
 
Posted by Johnwayne on :
 
Problem is I went to Minnesota Tue/Wed and didn't want to be holding much of anything while I was gone. Also I expected more of a retrace in between PR's. Well you warned me Juice before I left that I might not be able to get back in.
 
Posted by J_U_ICE on :
 
I also didn't think it would still be in single digits. Good Luck Duke. I got to head out i'll catch up to you later for the All Yankee team. Later
 
Posted by J_U_ICE on :
 
PR coming later today the last one was a lead in to major news so let's hope today gives us the first of many great PR to move RXPC into higher grounds. Good Night see you all in the AM. If you haven't checked out RXPC do it big things are on the Horizon
 
Posted by Johnwayne on :
 
NEWS:


Business Editors / Health/Medical Writers

WILMINGTON, Del.--(BUSINESS WIRE)--June 30, 2006--
Rx Processing Corporation (OTC:RXPC) announces corporate
movement to achieve NASDAQ listing for its shareholders. Our investors
rely upon two core elements; (Trust and Efficacy), while we further
challenge innovations to the health care supply chain in the United
States.
Rx Processing Corp. is pleased to share with you actions that will
lead our shareholders to the NASDAQ. In the near term, Rx Processing
Corp. will migrate from the Pink Sheets and reclassify as a private
entity. The investment community will be issued certificates that
mandate all short or borrowed positions will be covered by broker
dealers. Once accomplished, all shareholders of record will receive a
dividend to a subsidiary company actively being incorporated that will
IPO with our established business model and a conservative hundred
million dollar financial plan in a highly energized environment
further ensuring regulatory compliance as a new NASDAQ listed
corporation.
Trust, through straightforward announcements focused on providing
a clear picture of the company's ongoing challenges accompanied by
responsible corporate actions protecting our mutual investment.
Efficacy, via our ability to attract and negotiate with innovators in
prescription medication distribution, laboratory and preventative
diagnostic testing.
Peter Fiorillo Commented, "I have modified the way in which our
shareholders will move to the NASDAQ, immediately strengthening
positions and thus increasing long term market stabilization. These
corporate actions will create a new beginning for shareholders and
will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."

http://www.rxprocessingcorp.com

About Rx Processing Corp.

Rx Processing Corp. is positioned to become a market leader in
providing prescription medications and preventative health laboratory
testing to U.S. citizens, corporations, and members, through
CLIA-certified patient service centers, for their lab testing and
licensed pharmacies in the United States and around the world. The
company provides access to approved brand-name and generic
medications, and hundreds of lab tests with access to 4,000+
CLIA-certified patient service centers for their lab testing. Rx
Processing Corp. estimates that more than 44 million United States
Citizens would benefit from the company's affordable prescription
medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included
in this press release are "forward-looking statements." The
forward-looking statements, including those about the company's future
expectations, revenues and earnings, and all other forward-looking
statements (i.e., operational results and sales) are subject to
assumptions and beliefs based on current information known to the
company and factors that are subject to uncertainties, risk and other
influences, which are outside the company's control, and may yield
results differing materially from those anticipated.


KEYWORD: NORTH AMERICA DELAWARE UNITED STATES
INDUSTRY KEYWORD: HEALTH HOSPITALS PHARMACEUTICAL
SOURCE: Rx Processing Corporation


CONTACT INFORMATION:
Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
 
Posted by SherriT on :
 
Forgive the newbie, but can we summarize that in English? ;-)
 
Posted by Grande on :
 
Big news, down 30ish percent... WTF?
 
Posted by SherriT on :
 
Grande, I am a newbie, so that news was a bit above my head. Sounded like it was long-term favorable, but then I tend to think the people who were looking to flip it or something similar decided to bail to keep their cash liquid.

I have sent a couple of PMs to people I know follow this stock to ask them to come here and post a translation.

In short, your comment above is my sentiments exactly....
 
Posted by invester on :
 
I am PISSSSSSSSED. I would take what you can get. This is such crap. First they say they are going to use there public status for acquisitions, then they are now going private. Bull sh*t. I'm calling the company.
 
Posted by J_U_ICE on :
 
Sorry I just got in but my take on it is you will get 8% of the shares you already have at the IPO price of $48
 
Posted by SherriT on :
 
OK, so the other question would be this...the dividend they are talking about paying to the existing shareholders....do we have a clue what that would be?

Also, the price they are setting for the NASDAQ in September seems awfully high....I guess I am still looking for more insight.
 
Posted by J_U_ICE on :
 
If you have 25 thousand shares you will have 2000 in the new * $48= $96,000.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by SherriT:
OK, so the other question would be this...the dividend they are talking about paying to the existing shareholders....do we have a clue what that would be?

Also, the price they are setting for the NASDAQ in September seems awfully high....I guess I am still looking for more insight.

I'm still trying to figure it out it's like a riddle.
 
Posted by SherriT on :
 
Thanks J_U_ICE - that is helpful...so if I understand correctly, we can basically ignore the price of the stock today, and there is no need to buy any more - or does the 8% number come in whatever you have at the end of the day?

And for a literal example...if you hold 10000 shares, when it hits the NASDAQ, you will own 8% of that, which is 800 shares, and it would be valued at $38,400??? That just can't be right...
 
Posted by invester on :
 
quote:
Originally posted by J_U_ICE:
Sorry I just got in but my take on it is you will get 8% of the shares you already have at the IPO price of $48

If they actually IPO. They said they would use there public status for M*A. Now they are going private. That is a lie. I don't trust them now, therefore am out. I really liked this one to. Very upsetting indeed.
 
Posted by SherriT on :
 
Sorry - I just saw your example while I was posting....I think someone needs to call the company. I'd be willing....
 
Posted by Jimmy Mac on :
 
Juice,

not likely....
that would represent a 50 bagger ???unless I did not figure it correctly

Jimmy Mac
 
Posted by SherriT on :
 
If you are correct, J_U_ICE, and with today being the last day of the month, I would almost expect them to use records at EOD today. Granted, there is no guarantee they will IPO, but if they do, that is a cargo load of money.
 
Posted by SherriT on :
 
I just tried to call the number at the bottom of the PR, and got voice mail. I left a name and number and requested a call back. If I get any response, I will let you know.
 
Posted by madmoney on :
 
I dont see anyway this guess about IPO shares could be correct! no one gives away tens of thousands of dollars for nothing! this is a pinksheet! no way! if this were the case savy investors, I mean REAL traders who do this for a living would be all over it! this would be way over a dollar right now if it were true! everyones "take" on this has to be wrong! they are taking the company private that mutch is clear therefore this will likely tank at some point. right now it`s being pumped on the possibility, when reality sets in and pumpers take thier profits this will fall. JMO!! do what you think is best! GLTA! P.S. they do NOT say diffinitively in this PR that current share holders will get 8 percent of anything!
 
Posted by NEL on :
 
I'm selling 70% to get my initial investment back and I'll risk the profits for any potential future windfall.

Anyone finds out anything else let us know.
 
Posted by Jimmy Mac on :
 
Clarification needed!(more about the dividend to the private corp.)
BUT.......seems interesting enough to hang around for awhile.
I've got some time on my hands and I think I'd like to see this shake out a bit more

Jimmy Mac
DYODD
 
Posted by SherriT on :
 
I have an investment pro looking at it now to try and give me an explanation too...
 
Posted by J_U_ICE on :
 
I'm not leaving everyone hanging I'm just trying to get more info.
 
Posted by Schwabie on :
 
Guys this just means that they are going to do one BIG HUMONGOUS SPLIT to get it all right. They are NOT going to give away free money... think beyond what is written...
 
Posted by Schwabie on :
 
Reverse Split...
 
Posted by Johnwayne on :
 
I'm stumped...
I read it as take the number of shares you have right now times 8% so 100,000 shares gives you 8,000 shares in the IPO. take that 8,000 x $48
and you come up with $384,000? How is that possible?
How is it different than a reverse split?
And how can they guarantee price support at $48?
No way that's feasible that I can see.
And what is the "going private" angle? To get rid of shorters?
Not casting judgement.... just have more questions than answers with this one.
What happened to the plain old DSL is completed?
Or maybe this is a carrot and the stick situation.
Anybody thinking the DSL deal fell through so now we are into diversinary tactics?

Possibly the worst post I've ever written but I am so confused here I don't know how to simplify it.
 
Posted by jrdig7 on :
 
FWIW I have talked to Peter twice today. I picked up another 40k and will add more. I currently own 375k. I believe this to be the real deal. If it is the shares you own are worth $3.84 per. He said we may go private at any time, his choice. The new shares will be restricted for probably 1 year. Well worth the wait for this kind of return. You guys will have to make a decision you are comfortable with. I feel I have.

Juice has done a great job here. I truly wish you well in whatever you decide to do.
 
Posted by madmoney on :
 
tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."
from the PR: that statement does NOT mean the dividend will be 8 percent of your current shares! the PR said they would give a divy. it did NOT say how mutch!
 
Posted by Schwabie on :
 
i have edited this... the 8 % is like a reverse split...
 
Posted by NEL on :
 
I sold all. If this looks legit I'll buy back in. Not worth the risk right now. I'll still be watching this one.
 
Posted by Schwabie on :
 
...what i mean is at the end of the day... you will have less shares worth the same amount of $.... but come on what are the chances of this going public.. think...
 
Posted by SherriT on :
 
jrdig7, if you have talked to Peter twice today, I would assume that you have a first-hand translation of what the PR meant....can you tell us anything else you got out of the conversation? Did you calculate the $3.84 per share part, or did he spit out that number?
 
Posted by jrdig7 on :
 
I calculated it, basic math. As for getting back in, no one knows when he will take us private.

The pr means we will go private. That ends the MM and other manipulation. We IPO * $48 in sept. Price will be supported because they will only issue at that price and the share structure will be very tight, only 4 mil in the company. Shares will be restricted for 1 year.

I have over 20k invested and I am not a rich man. Risk reward on this is just too great to pass up, imo. GLTA
 
Posted by SherriT on :
 
Thanks for the assessment. I really don't have that much in there, but I was debating about adding a little more to the pile. I kinda thought the daytraders would dump it and the investors would buy and hold. I'm so new it seems surreal that I would have stumbled into a gold mine if things play out as suspected.
 
Posted by Egg Inspector on :
 
J_U_ICE, I am sure you have read the following. I just got in and read for first time 5 min. ago so I haven't fully digested it. not sure even if I did if I would understand how it will affect us.

with this re-class to private entity, divi certificates to shareholders, $48 IPO in Sept., etc.. are we Golden, or are we screwed.

I want to know if you have a sense of this, in so much as, when this track starts being headed down, do the shareholders benefit, or get left in the dust??

ref.link;

http://www.amtdrt.inlumen.com/bin/story?StoryId=CrksHWbKbmtGXyJK4nJu

Rx Processing Corp. Positions Shareholders for NASDAQ
Business Wire - June 30, 2006 09:33

WILMINGTON, Del., Jun 30, 2006 (BUSINESS WIRE) -- Rx Processing Corporation (OTC:RXPC) announces corporate movement to achieve NASDAQ listing for its shareholders. Our investors rely upon two core elements; (Trust and Efficacy), while we further challenge innovations to the health care supply chain in the United States.

Rx Processing Corp. is pleased to share with you actions that will lead our shareholders to the NASDAQ. In the near term, Rx Processing Corp. will migrate from the Pink Sheets and reclassify as a private entity. The investment community will be issued certificates that mandate all short or borrowed positions will be covered by broker dealers. Once accomplished, all shareholders of record will receive a dividend to a subsidiary company actively being incorporated that will IPO with our established business model and a conservative hundred million dollar financial plan in a highly energized environment further ensuring regulatory compliance as a new NASDAQ listed corporation.

Trust, through straightforward announcements focused on providing a clear picture of the company's ongoing challenges accompanied by responsible corporate actions protecting our mutual investment. Efficacy, via our ability to attract and negotiate with innovators in prescription medication distribution, laboratory and preventative diagnostic testing.

Peter Fiorillo Commented, "I have modified the way in which our shareholders will move to the NASDAQ, immediately strengthening positions and thus increasing long term market stabilization. These corporate actions will create a new beginning for shareholders and will tighten up our capitol structure to about 8% of Rx Processing Corps.' current capitol structure, an IPO for 1 million shares at $48 per share price will be initiated in September of 2006."

http://www.rxprocessingcorp.com

About Rx Processing Corp.

Rx Processing Corp. is positioned to become a market leader in providing prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement
 
Posted by djg7 on :
 
jrdig7, you are saying we get 8% of the $48 per which equals $3.84. Do you keep the shares that we have or only 8% of what we own?
 
Posted by madmoney on :
 
if people hold they will be left with shares in a privately held company witch will for all intents and purposes be untradable unless you can solicit someone to buy them. and there is as yet no confirmed statement on what the divy will be. and IPO`s can change thier offering price at anytime before it goes off, if it goes off at all.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by jrdig7:
I calculated it, basic math. As for getting back in, no one knows when he will take us private.

The pr means we will go private. That ends the MM and other manipulation. We IPO * $48 in sept. Price will be supported because they will only issue at that price and the share structure will be very tight, only 4 mil in the company. Shares will be restricted for 1 year.

I have over 20k invested and I am not a rich man. Risk reward on this is just too great to pass up, imo. GLTA

I agree the risk/ reward is too great for me too pass up. I can wait a year for it.

IHUB post by Flybridge:

The WSJ Article, The Big PR Firm, Co"s Of This Type Selling Between 60 And 90. We Might Even Do A Split Over The Next Year! Yeah It"s A No Brainer If This Comes Together. Peter Seemed Awfully Sure When I Talked To Him This Morning. He Said We ((( WILL ))) Be IPOing In Sept * $48. I Said You Must Have Big Backers And He Said I Can"t Go Into That Yet.
 
Posted by madmoney on :
 
the volume is not that great and the price is down 39 percent! this is obviously not what some here seem to believe, if it were big players would be all over it and the price would be through the roof!. this will be pumped on speculation. dont risk more than you can afford to lose!
 
Posted by J_U_ICE on :
 
I'm not pumping and certainly not telling people to buy or stay in I'm just giving my take on it. The risk for me is worth the reward because I think this Company is legit. I can understand why everyone thinks otherwise but that is the chance I'm taking.
 
Posted by Jimmy Mac on :
 
Pinkies are loaded with little players who want to gamble and flip....in and out...
Today ......selling pressure from those who need to move on and perhaps a little accumulation (every seller has a buyer)..........Monday ????

Jimmy Mac
 
Posted by J_U_ICE on :
 
I'm not pumping and certainly not telling people to buy or stay in I'm just giving my take on it. The risk for me is worth the reward because I think this Company is legit. I can understand why everyone thinks otherwise but that is the chance I'm taking. The decision is yours. I wish everyone good luck
 
Posted by wallymac on :
 
I also am not advocating anyone to buy or sell. Do your DD and make your own decision.

Having taken everything into account. The fact that the stock was mentioned by the WSJ, other companies doing the same business trading in the $60 range and the risk VS reward. I just purchase 36,000 more shares at .055. I think the risk is worth the possible reward.

Like I said this is my opinion and do not base what you do on me.

GLTA
Wally
 
Posted by wallymac on :
 
Let me correct myself. It was DSL that was mentioned in the Wall Street Journal article not RXPC. I don't know the status of that deal. I still think risking a couple grand is worth it.
 
Posted by Egg Inspector on :
 
quote:
Originally posted by J_U_ICE:
I'm not pumping and certainly not telling people to buy or stay in I'm just giving my take on it. The risk for me is worth the reward because I think this Company is legit. I can understand why everyone thinks otherwise but that is the chance I'm taking. The decision is yours. I wish everyone good luck

J_U_ICE,
will you address my post. IYO, does this road being taken, tend to lead to good things for shareholders or bad. that is all I am asking. It is hard for me to interpret.
 
Posted by Egg Inspector on :
 
if...what is being said here is:

after the IPO, we (the shareholders) will have our current number of shares * the IPO settled price, let's say it goes down. $ 45.00. and these shares are in a privately held company?

if this is the case, for me it is a good risk. I believe you can always sell within a privately held. Company buy-back, larger shareholders, etc..

so...for a newB, is this (above)what this is saying?
 
Posted by SherriT on :
 
No, Egg....you will have 8% of your current number of shares (10K shares now = 800 shares of the new) at the IPO settled price. The shares would be privately held until the IPO and then publicly owned on the NASDAQ. Stock will most likely be restricted for the first year, so you would have to keep your money tied up....
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
Date:6/30/2006 1:37:31 PM

Peter told me he will decide when we go public. He has said we will have a conference call after the 4th, imo that means we will go public soon.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by SherriT:
No, Egg....you will have 8% of your current number of shares (10K shares now = 800 shares of the new) at the IPO settled price. The shares would be privately held until the IPO and then publicly owned on the NASDAQ. Stock will most likely be restricted for the first year, so you would have to keep your money tied up....

That's the way I see it also SherriT
 
Posted by madmoney on :
 
thats not the way i see it. no where in the PR did the company say we would receive 8 percent of our current shares as a dividend.
they said we will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, thats not even close to saying we are getting an 8 percent divided of our current shares.
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
Date:6/30/2006 9:56:48 AM
Post #of 4217

Okay just off the phone with Peter. This is not good news, it is great news. Take the amount of shares you hold and you will get 8% of them in the new corp. The IPO will be supported at $48

I'll take jrdrig word he has given me great info.
 
Posted by madmoney on :
 
quote:
Originally posted by J_U_ICE:
Posted by: jrdig7
Date:6/30/2006 9:56:48 AM
Post #of 4217

Okay just off the phone with Peter. This is not good news, it is great news. Take the amount of shares you hold and you will get 8% of them in the new corp. The IPO will be supported at $48

I'll take jrdrig word he has given me great info.

this would be good news IF they PR`d it.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by madmoney:
quote:
Originally posted by J_U_ICE:
Posted by: jrdig7
Date:6/30/2006 9:56:48 AM
Post #of 4217

Okay just off the phone with Peter. This is not good news, it is great news. Take the amount of shares you hold and you will get 8% of them in the new corp. The IPO will be supported at $48

I'll take jrdrig word he has given me great info.

this would be good news IF they PR`d it.
I agree this morning's PR was a riddle.
 
Posted by djg7 on :
 
Is this for real? If so, why aren't other people jumping all over it and why not load up for more?
 
Posted by J_U_ICE on :
 
I have added today.
 
Posted by madmoney on :
 
quote:
Originally posted by djg7:
Is this for real? If so, why aren't other people jumping all over it and why not load up for more?

it`s not real until it`s PR`d for all to see nice and clear. ( never invest more than you can afford to lose ) I hope I am not starting to come off as a basher here, i just think people are reading way more into this than is wise.
 
Posted by SherriT on :
 
I just bought up more shares to make it so I have an even number in the new company. I would probably invest more, but I am trying to keep some of my dollars for other positions.
 
Posted by djg7 on :
 
Juice, do what the last day you can purchase RXPC for this offer to be valid?
 
Posted by SherriT on :
 
My understanding is until Peter decides to privatize it, which could be anytime. Since today is the end of the month, I think he was giving us a day to add more if we wanted (after all, we have supported their cause, and this offer - assuming it is true - is a reward for that support) and then will close it off at EOD. JMHO.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by djg7:
Juice, do what the last day you can purchase RXPC for this offer to be valid?

I'm not sure but Peter said he's having a conference after the 4th of July. Hopefully that will explain the details
 
Posted by J_U_ICE on :
 
IHUB one posters take

hold off here with this knee jerk rush to judgement!

For those who want a little bit of relevant history, Caremark (CMX) was the successor entity to Medpartners (MDM) when their senior leadership correctly decided to exit the physician practice management business (a literal pyramid scheme business model wall street embraced and ran with for about 10 years before eviscerating the participants and extracting billions of dollars of equity from physician and other investors wallets' and respective net worth -- including yours truly!).

FWIW, Caremark emerged as the primary business model from the Medpartners bankruptcy reorganization once it was blessed by the court. MDM (CMX) was trading in the mid $3s at that time (late 90s). CMX is trading for $50/share today. While I make no analogy to, nor even remotely imply, BK as an issue for RXPC; my point is the PBM industry on its own merits is a high value market segment as it addresses both the cost containment and access issues specific to the health insurance affordability crisis we face.

When you add the direct lab services piece afforded by the DLS acquisition, IMO RXPC is WELL POSITIONED to access the equity markets for it's targeted private placement.

Again, i remind this board of the hidden (but yet to be quantified -- subject to DLS closing) gem inherent in the DLS acquisition specific to actual PBM revenues from the contract with the state of Louisiana. If Wall street loves anything, it is obsessed with RECURRENT, i.e., per member (or covered life), per month revenue ad infinitum.

Health care is a recession proof industry and unless the state of Louisianna goes out of business (LOL), there will be an entity paying for a third party to minimally administer their pharmacy benefits (not an inconsequential piece of the total medical loss ratio an insured or self insured party incurs).

Assuming a positive client relationship between DLS and the state of Lousianna -- this contract represents the MAIL BOX MONEY an investment banker will assign as a virtual guarantee of the placement's eventual full subsciption.

For the ADD/ADHAD/MOMO crowd, today is BIG disspointment -- yet, for those who are long on RXPC and more in line with Buffet's investment guidance, I can only say today is a BUYING OPPORTUNITY rarely seen in this market!!!!
 
Posted by J_U_ICE on :
 
Another IHUB posters take

I want to know the date for us goin private.Also want to know more specifics about Restricted shares via a PR not thru someone else. If he addressed those issues and been more clear and in depth we woulda flied today.

Rx Processing Corp. will migrate from the Pink Sheets and reclassify as a private entity. The investment community will be issued certificates that mandate all short or borrowed positions will be covered by broker dealers. Once accomplished, all shareholders of record will receive a dividend to a subsidiary company actively being incorporated that will IPO with our established business model and a conservative hundred million dollar financial plan in a highly energized environment further ensuring regulatory compliance as a new NASDAQ listed corporation.


More explanation needed from Peter imo. Hopefully before we go private.DF
 
Posted by SherriT on :
 
I can't speak to much on the stock side, as I have read similar DD as everyone else. I can say that I used to work for a successful PBM and "mail order filler", and was familiar with most of the players in this market. Drugs are never going away, and they will always need someone to pass them along to the consumer cheaper and faster. With the pricing structure as competitive as it is with Walgreens, I think the market is at least very viable for this company.
 
Posted by jrdig7 on :
 
Guys, another way to look at this is the stock would have to drop to anywhere in the .60 to $1.20 range in 2007 to equal todays pps. I don't see how? Global Media will be handling the pr and also have restricted shares. It seems to me with this tight of a share structure the pps could be going alot higher than $48 in the not too distant future. JMHO
 
Posted by jrdig7 on :
 
Another thing to think about. We are going to partner store front operations around the country. Mini Walgreens. I just don't see flaws in this business model. Make your own decisions and do the DD quick.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by jrdig7:
Guys, another way to look at this is the stock would have to drop to anywhere in the .60 to $1.20 range in 2007 to equal todays pps. I don't see how? Global Media will be handling the pr and also have restricted shares. It seems to me with this tight of a share structure the pps could be going alot higher than $48 in the not too distant future. JMHO

I agree just wish Peter would have put out a less confusing PR.

BTW jrdig7 thanks for all the info and updates
 
Posted by madmoney on :
 
quote:
Originally posted by jrdig7:
Another thing to think about. We are going to partner store front operations around the country. Mini Walgreens. I just don't see flaws in this business model. Make your own decisions and do the DD quick.

thanks but i will take my time on this one, i think it`s going lower.JMO.
 
Posted by invester on :
 
My thoughts are why go private, before you go public again. It is MUCH easier to move to a higher exchange, then delist, and TRY to list again. Thanks for the certificate RXPC, I already have toilet paper. I am very upset with this decision, as I felt this was one of the only good ones out there. Also, they could have explained a little more in detail. The whole synopsis is VERY vague. This should raise concern about the managements ability to run the company. I would RUN not walk to the exit. This is my opinion on the matter. The only other low float, high revenue company out there is WWEN. And then there was one. Good luck guys.
 
Posted by jrdig7 on :
 
Madmoney, I don't see it going much if any lower than where we are at now.. Alot of people are starting to see the potential. .05 will probably be as low as we see, imo. For that little difference it isn't worth missing out. No one knows when we go private but I think soon. GLTY
 
Posted by Egg Inspector on :
 
quote:
Originally posted by SherriT:
No, Egg....you will have 8% of your current number of shares (10K shares now = 800 shares of the new) at the IPO settled price. The shares would be privately held until the IPO and then publicly owned on the NASDAQ. Stock will most likely be restricted for the first year, so you would have to keep your money tied up....

alright.....why 8%
 
Posted by madmoney on :
 
quote:
Originally posted by jrdig7:
Madmoney, I don't see it going much if any lower than where we are at now.. Alot of people are starting to see the potential. .05 will probably be as low as we see, imo. For that little difference it isn't worth missing out. No one knows when we go private but I think soon. GLTY

last trade was at .045, ask has dropped, i see this under .03 by close monday. i could be wrong of course.
 
Posted by tonicma on :
 
man, whoever bought yesterday got rapped, but I do think it will bounce back a bid. on monday.

I did not touch this stock.
 
Posted by invester on :
 
I COMPLETLY agree.
 
Posted by Egg Inspector on :
 
that would only leave me with 135.28 shares

but with an initial cost of $115.00

if...and I say IF shres hold * $48.00

135.28 x $48.00 = $6,493.44...that seems worth the risk to me.

I think that's interest of 5600%

right?
 
Posted by J_U_ICE on :
 
sounds good to me.
 
Posted by madmoney on :
 
egginspector: 115 bucks may be worth the risk, hell I spend more than that on cigarettes! but thats about all i would risk at this point- cigarette money! LOL - glty!
 
Posted by jrdig7 on :
 
Mad,

If it drops to .03 I know I will buy more. I also know several people that will take nice positions in this Monday, transferring funds now.

I think this is worth alot more than cigarette money but never risk more than you can afford to lose.

The weekend will give alot of people time to hear about this deal and I think that will keep the pps from falling. $100- $1000 dollar buys will be hitting, imo.
 
Posted by J_U_ICE on :
 
If it drops to .03 i'm buying a bunch more
 
Posted by SherriT on :
 
Egg, your calculations are correct from my understanding of the situation. The 8% is from:

"I have modified the way in which our
shareholders will move to the NASDAQ, immediately strengthening
positions and thus increasing long term market stabilization. These
corporate actions will create a new beginning for shareholders and
will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."

In other words, they want less shares out there at a higher price...not sure WHY they chose 8%, but that is where I got it from....
 
Posted by jrdig7 on :
 
Sherrit,

The 8% is based on getting the current OS to around 50 mil. 8% leaves 4 mil for the new OS and that is what they are shooting for.
 
Posted by madmoney on :
 
quote:
Originally posted by SherriT:
Egg, your calculations are correct from my understanding of the situation. The 8% is from:

"I have modified the way in which our
shareholders will move to the NASDAQ, immediately strengthening
positions and thus increasing long term market stabilization. These
corporate actions will create a new beginning for shareholders and
will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."

In other words, they want less shares out there at a higher price...not sure WHY they chose 8%, but that is where I got it from....

this DOES NOT say the divy will equal 8 percent of your current shares!. NO ONE knows what the divy will be UNTIL the company PR`s it.
 
Posted by madmoney on :
 

 
Posted by SherriT on :
 
Did anyone else just see the ASK change to 0.00????
 
Posted by jrdig7 on :
 
Peter told me that 8% is their target for the divvy.
 
Posted by madmoney on :
 
quote:
Originally posted by jrdig7:
Peter told me that 8% is their target for the divvy.

if thats true then he is in violation of the insider trading rule, the SEC takes that type of thing very seriously even with pinks! ( by the way, if you buy or sell based on that info and the SEC chooses to act you could have a problem )
 
Posted by SherriT on :
 
the 8% amount was in the PR, whether he was specific or not about it being the divvy....
 
Posted by madmoney on :
 
more questions than answeres with this. a non- reporting pinksheet company will IPO a new company straight to the nasdaq at 48 bucks a share?? is there something wrong with this picture?. yes there is!!
 
Posted by SherriT on :
 
mad, everything you say is true...I'm just willing to risk what I have invested for the possibility...

You are also not considering the merger with DL, what other deals might be in the works behind the scenes that may have been easier to close quickly if the company is private, and lots of questions as you said. Hopefully you will find a stock that is better suited for how you invest...GLTY
 
Posted by jrdig7 on :
 
quote:
--------------------------------------------------------------------------------
Originally posted by jrdig7:
Peter told me that 8% is their target for the divvy.
--------------------------------------------------------------------------------

if thats true then he is in violation of the insider trading rule, the SEC takes that type of thing very seriously even with pinks! ( by the way, if you buy or sell based on that info and the SEC chooses to act you could have a problem )

I don't think so. Public knowledge in the pr. I don't understand the problem here. You want all the answers, in Pinkieland? Every stock you buy here can drop the bomb on you without warning. This company has a business plan that makes sense to me and I am glad to be a part of it. If I am going to risk my money, I at least want to know the reward. Too many good things going here to walk away from, imo.

Sherrit gave you some good advice to find a stock more suited to you. Try the big boards. RXPC coming soon at $48 pps.

 
Posted by madmoney on :
 
thanks all for your thoughtful insight. never hurts to ask questions. I will for now watch and read. the best of luck to you all!!
 
Posted by J_U_ICE on :
 
IHUB poster who's very excited and pumping

Today's action is a rare opportunity to load up, IMO.

PBM = $$$$$$$ machine.

DLS = new and emerging channel for discounted direct-to-consumer purchase of lab services (whether acute, elective, chronic, or wellness oriented).

HSA = health savings accounts. the equivalent of IRAs for the PRE-TAX payment of one's direct medical expenses and/or health care premiums (whether deductible, copay, co-insurance or catastrophic incidents), etc..

DLS business model is both timely and relevant to emerging/acclerating shift (can you spell GM, or Delphi for that matter?) from employer sponsored health plans to making you (me) responsible for our own exploding $$$ health care needs.

The Medicare trust fund teetering on the verge of bankruptcy, the payment system is strained and about to implode due to restricted (very poor a/k/a low) reimbursement to physicians, allied health care practitioneers and other institutional providers -- which shrinks the participating physician/hospital pool (network) and limits access to those most needy of health care serices (the elderly, disabled or indigent) -- again an exploding demogrpahic.

you connect the dots for yourself -- lesson over.

its all about the $$$$$$$$$.

PBM = $$$$$$$$$$$

DLS = $$$$$$$$$$$
 
Posted by JohnDoe on :
 
hmmm put all my money in XKEM,only have 11K in RXPC in at .0525:)
 
Posted by JohnDoe on :
 
quote:
Originally posted by JohnDoe:
hmmm put all my money in XKEM,only have 11K shares in RXPC in at .0525:)


 
Posted by SherriT on :
 
To correct myself, I noticed at the close (well, about 1 minute after) that the BID not the ASK went to 0.00. Basically as soon as the orders in the queue were filled, it went to 0.00 on the ticker board. I have never seen another stock do that, so I think today was it.
 
Posted by SherriT on :
 
Actually, I just signed back in to Scottrade to look at the streaming quotes...check your own broker, software...everything else is showing a price on the bid except RXPC....
 
Posted by jrdig7 on :
 
Sherrit, My Ameritrade still shows a bid of .045 and Alphatrade L2 shows the same .045 by Nite. It is most likely an anomoly. Enjoy the weekend.
 
Posted by wallymac on :
 
RX PROCESSING CORPORATOIN
Price: 0.0525 -0.0265 -33.54%
Bid: 0.045[-]
Ask: 0.06
Open: 0.09
Volume: 2,081,140

From Scottrade at 9:36 AM July 1, 2006.

Seems their is a bid and ask. Even if there wasn't a bid or ask, it really doesn't matter. Once the market closes bids and asks go wacky. Wait until Monday morning. The bid and ask will be there just prior to the market opening.
 
Posted by shoot-the-messenger on :
 
To all:

Well, I've read the PR and many of your post.

I have to say I don't believe in the tooth fairy or free money.

If I were to get 8% of my shares in the new company thats 4000 shares at an IPO price of $48 which would be worth $192,000 for a $1700 investment. Was I born yesterday?

The one positive in the PR that I can make out is the conversion to certificates. If anyone is short or better yet naked short, they will have to cover and that stands a better chance to drive the price up short term. Thats one of the things that kept my finger off the sell button.

For now, I'll wait for more clarification and I hope to get it in the form of a PR and not hearsay. (No disrespect intended to any of you, I think your post are honest, its Peter I don't yet trust.)

stm
 
Posted by curmire5 on :
 
Look I am not in this one but, will be on monday, first my take on this is exactly what juice say's, 8% of what you own, the company is in a major growth spurt and really has no time to deal with being a penny stock. they have an excellent service, one that congress has been trying to figure out, how to get meds to the uninsured. the company is only going to have 1 million shares at the time of the IPO. now the company's growth is long term, meaning splitting the shares, everyone wins. and wins BIG... as far as buying more than what you can handle, dont do it, only what you can afford. the company wants you to prosper and if you dont, they will be worth nothing, I believe, we are in great shape (will be on monday) just have to hold awhile. [Big Grin]
 
Posted by curmire5 on :
 
if the company gives away a few million dollars to make a few billion, it's worth it. but to the bashers, keep up the good work until monday evening. you are very much needed here. thanks [Smile]
 
Posted by invester on :
 
Just a little insight. I work on deals such as this. You don't take a company private to just go public again. It is easier to move to a higher exchange, then IPO. I can tell you from many years as an I. Banker, this is not on the up and up. And do you have any idea how difficult it is to list on the actual NASDAQ? If this was legit, they would have just tried to move higher, not delist. Who do they think they are that a move to the NASDAQ is automatic. There is something behind the scenes that we are not privy to. Just an honest opinion, no bashing what so ever. I don't like to see people get hurt. Good luck fellas in whatever your decision is. I hope I am wrong. Happy 4th.
 
Posted by wallymac on :
 
Just to clear up what you posted. You cannot delist from the Pink Sheets. Also there are requirements that must be fulfilled in order to qualify to move from one exchange to another. Share Price, Financial filings etc etc. I know the easiest way to get to NASDAQ is to purchase a company that is currently trading on NASDAQ. IMO the only way to achieve the goal of trading on the NASDAQ would be to go private and then do an IPO, Initial Public Offering. THis may not be done to often but it may still be a viable mechanism to achieve a goal. I do own shares but am still skeptical. Hopefully we will get more answers soon.

"How do I get my company "delisted" from the Pink Sheets?
Because securities are not "listed" on the Pink Sheets, it is not possible for an issuer to "delist" them. The only way to remove a company from the Pink Sheets is for all of the market makers to stop quoting it. If your company's securities no longer actually exist, but are still being quoted, you should contact Nasdaq's Market Integrity Department at 203-375-9609 and provide them documentation to that effect. Nasdaq will investigate and, if appropriate, eliminate the trading symbol and advise the Pink Sheets. Pink Sheets will then remove the market makers quotations in this security."

 
Posted by T e x on :
 
Just got caught up here. No details to offer, but that PR is not well done. I believe something is horribly wrong here...much research required.
 
Posted by T e x on :
 
Let's start here, merely to start somewhere--

JUICE, saw this post of yours a coupla pages back...

quote:
PR coming later today the last one was a lead in to major news so let's hope today gives us the first of many great PR to move RXPC into higher grounds. Good Night see you all in the AM. If you haven't checked out RXPC do it big things are on the Horizon
Was there a preceding PR? I mean, before the one re "going private"?
 
Posted by wallymac on :
 
This was the PR from 6-26-2006 which preceded the going private PR:

RXPC -- RX Processing Corp.
Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Rx Processing Corp. Securing Your Health Care Future

WILMINGTON, Del., Jun 26, 2006 (BUSINESS WIRE) -- Rx Processing Corporation (OTC:RXPC) announces in furtherance of expanding our overall mission towards establishing a bridge to prescription medications, laboratory testing and preventative diagnostics we are fortifying our shareholders position. We assert and maintain our continuing commitment to play a pivotal role in the evolution of the health care industry.
Additionally, the company is further motivated by the ongoing support of its shareholders as we address the varied needs of individuals, organizations and care providers working collectively with those of similar vision.

Rx Processing Corp. is taking immediate steps forward to execute business and financial plans, which include continuing our relationship with John Bell, owner of Direct Laboratory Services as a significant shareholder while taking necessary actions to increase our exposure and strengthen shareholder financial position. We embrace this transformation and believe our efforts will provide broader services to a wider demographic of U.S. citizens.

Peter Fiorillo Commented, "As Chairman/CEO my first obligation is a responsibility to the health care needs of our citizens and to those shareholders who empower us to achieve these goals. This week I have taken actions that effectively provide shareholders a new beginning focused with the same determination to complete the mission I started three years ago."

http://www.rxprocessingcorp.com

About Rx Processing Corp.

Rx Processing Corp. is positioned to become a market leader in providing prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risks and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

SOURCE: Rx Processing Corporation


CONTACT: Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055


Copyright Business Wire 2006

-0-

KEYWORD: United States
North America
Delaware
INDUSTRY KEYWORD: Health
Pharmaceutical
Other Health

Search for Dun & Bradstreet reports on this company.
 
Posted by T e x on :
 
thanks, wally...

I am missing sumpin' there...

what would make anybody think a "big PR" is coming, based on that release? sorry to be "late to the party," but as noted elsewhere, I am slow sometimes, working through these things
 
Posted by wallymac on :
 
Well I think it was from posts over on IHUB. Some of the people posting were calling and talking to the CEO. They said that they didn't know exactly what the news would be but that it would be BIG.

If this turns out to be scam it's the worst run scam I've ever seen. They reduced the Float and Outstanding recently. I believe there is a total of around 67M shares Out Standing with only 12.5 in the float. No big build up to create volume and no dumping shares. I'm not saying I completely believe it but just trying to look at this from all sides.
 
Posted by jrdig7 on :
 
Wallymac,

I agree that it would be the worst run scam I've ever seen. I plan on calling Peter first thing Monday. I will post the results. I want to know who is underwriting the IPO and if it ready to launch or just merely starting the process in Sept. I also want to know what happened with DLS and if the option is still good? Any other questions you would like asked just post them here. We are all in this together and I hope we can all make out well. GLTA
 
Posted by cassity on :
 
They said in the PR that their would be around 1mil shares and if you take 8% of 12.5 mil it gives you 1mil.
 
Posted by curmire5 on :
 
READ the pr again, yesterday, the company looked good, now it is a acam and here is why.

the company wants to condense the current company (rxpc) into the 1 million shares of the ipo, they are going to put 67 million shareso/s into 8% of 1 million, or 67 million o/s into 80,000 shares and say it's worth 48 bucks a share.
48 X 80,000, making the current rxpc worth $3,840,000.00.
they are using percentages to screw everyone,.
if you take 67,000,000 o/s and divide into 80,000, (8%) you have what I guess would be called a reverse split (dont know the percentage) of 837.5 - 1 share of the ipo.

so the company they are saying is worth (8%) 80,000 x $48.00 = 3,840,000., so take 67 mil o/s, divide by 3,840,000.00 = .0573 per share. now take .0573 multiply by 837.5 which = $47.98 dollars per every 837.5 shares.
WOW the company is going to tie up your money maybe for a year, and give you 2 pennies for every 837.5 shares you own.
if you bought this stock over .0573, ouch.
if you bought * .0573 you pay trading fee's.
if you bought under that price, you made a profit, in a year, being that the $48.00 price does not go down to about 7 or 8 per share.
excellent idea for a company, shame on them for screwing the penny flippers to push them to nasdaq, and then give them 2 pennys. or a loss.

30 day's after the ipo, i might buy then, excellent idea, just going to let their stock stabilize.

this is my calculations on what I see and I could be wrong.
do your own DD but use caution with this company. be careful. penny flippers dont usually use percentages in this form, and this can make it decieving. GLTA and hope I dont p1ss anyone off, just trying to be helpful.
regards.
 
Posted by curmire5 on :
 
by the way, who-ever is taking my stars away, dont really care, I am heading to $250,000.00 for myportfolio, this year alone.
just trying to be helpful.
 
Posted by stocktrader22 on :
 
This is definitely a scam, and a waste of time IMO
 
Posted by T e x on :
 
quote:
Originally posted by wallymac:
Well I think it was from posts over on IHUB. Some of the people posting were calling and talking to the CEO. They said that they didn't know exactly what the news would be but that it would be BIG.

If this turns out to be scam it's the worst run scam I've ever seen. They reduced the Float and Outstanding recently. I believe there is a total of around 67M shares Out Standing with only 12.5 in the float. No big build up to create volume and no dumping shares. I'm not saying I completely believe it but just trying to look at this from all sides.

"over on IHUB. Some of the people posting were calling and talking to the CEO"

gotchya...

(be helpful if folks would include links on posts like that, so that those who follow could easily see who says they talked to the company, when, etc...)

Ok, first confusion: I see a split first announced May 19 ( http://biz.yahoo.com/iw/060519/0130334.html ) then revised June 6 ( http://biz.yahoo.com/bw/060606/20060606005575.html?.v=1 ). In the latter, the split/divvy is described as "isuance of an annual stock dividend" then later there's this: "The Board of Directors intends to declare annual cash dividends in the foreseeable future . . ."

1) Are they saying they will have an annual stock divvy, plus "subject to Rx Processing Corp.'s financial performance" also an annual cash dividend?

2) Pinksheets shows the OS as you mention, 67.8m ( http://www.pinksheets.com/quote/company_profile.jsp?symbol=RXPC ); yet Pinksheets also shows former share structure as
quote:
Authorized Shares: 500,000,000 as of 2006-04-01
Float: 12,500,000 as of 2006-04-01

I don't understand how a split divvy of 3.5:1 wound up reducing the O/S (Float apparently remains the same)....

Again, am coming to this late...appreciate you guys' help...

[ July 02, 2006, 12:45: Message edited by: T e x ]
 
Posted by Egg Inspector on :
 
quote:
Originally posted by SherriT:
J-U-ICE, I think you definately have a following that is for sure! I know that my choices have to be pretty reasonable when I see you and Egg in them....good things happen to good people.

Sherri, I don't know if words will do this justice, but;

THANK YOU, thanks for including the likes of me with the one and only J_U_ICE. I am an underserving newB and your kind words have given me a little more belief that I may one day have the ability to play this game for keeps [Smile]
 
Posted by Egg Inspector on :
 
quote:
Originally posted by Jimmy Mac:
Juice,

not likely....
that would represent a 50 bagger ???unless I did not figure it correctly

Jimmy Mac

I'm on page 7 in the thread. reading right now. I guess I will find out soon enough, but, for now I didn't see the problem with this 8% * $48/share.

here's my EggLogic:

once a company gets to big boards and has an IPO don't they basically 'name' their price, in so much as the Sector will allow. pharmaceuticals are hot, and known money makers [Smile]
with potential partnerships (mergers have been mentioned) and situations we have not been privileged to, why couldn't they have an IPO price of $48.00 share?

I will read on.......
 
Posted by Egg Inspector on :
 
quote:
Originally posted by Schwabie:
Guys this just means that they are going to do one BIG HUMONGOUS SPLIT to get it all right. They are NOT going to give away free money... think beyond what is written...

again, correct me if I am wrong, 'THEY" would not be giving anything away, right?

if the stock is priced * $48/share, and on Sept/30/200* (for example) I sell 1000 shares, the ask is $47.89sh. when it is bought it will be by another inverstor, not RXPC, right?

see my logic?
 
Posted by T e x on :
 
decent IPO explanation:

http://money.howstuffworks.com/ipo5.htm

also, is this really classified as a pharmaceutical company?
 
Posted by Egg Inspector on :
 
quote:
Originally posted by J_U_ICE:
I'm not leaving everyone hanging I'm just trying to get more info.

Juice...your input, opinion, and knowledge are invaluable, for obvious reasons. But, don't let anyone make you feel it is obligated. it is much appreciated, not required, and we are all lucky to have you here. [Smile]
 
Posted by T e x on :
 
not saying RXPC must follow the same model, but just for reference here's some background on a well-known move from public to private, "Doubleclick":

http://www.socaltech.com/story/0001857.html

http://en.wikipedia.org/wiki/DoubleClick

clearly, it's not an overnight process; took Doublick roughly from October 04 to July 05; also note concept of going private then re-IPOing "a firm after a few years."
 
Posted by Egg Inspector on :
 
quote:
Originally posted by madmoney:
egginspector: 115 bucks may be worth the risk, hell I spend more than that on cigarettes! but thats about all i would risk at this point- cigarette money! LOL - glty!

LOL mad...yes, I have very little here...
 
Posted by wallymac on :
 
Tex,
Here's a prior PR, the redcuing of the share structure was during previous months maybe this will help.

Rx Processing Corp. Retiring the Majority of Issued and Outstanding Common Stock
Friday March 24, 8:00 am ET

WILMINGTON, DE--(MARKET WIRE)--Mar 24, 2006 -- Rx Processing Corporation (Other OTC:RXPC.PK - News), a source of low-cost prescription medications for millions of Americans who are under-insured or have no prescription insurance coverage, recognized a commitment to shareholder value by motivating shareholders to retire a significant amount of common stock.

Rx Processing Corp. asked insiders and shareholders to retire common stock to reduce the issued and outstanding shares in an ongoing effort to secure the company from short positions and market manipulation. The response was overwhelmingly positive; shareholders thus far have retired 78 million shares from a high point of about 189 million "Feb 06." The company is committed to retire, an additional 54.35 million shares, currently in process.

Peter Fiorillo commented, "Our company actions, diligently increasing shareholder value by retiring shareholders stock, protect our capital interests as we build investor confidence and value today and in the future."

 
Posted by T e x on :
 
o my,

thanks Wally, but that raises more questions for me...

How did "shareholders" retire common stock? Are you up on that part?

thanks again--this is quite the little riddle
 
Posted by Egg Inspector on :
 
quote:
Originally posted by SherriT:
Egg, your calculations are correct from my understanding of the situation. The 8% is from:

"I have modified the way in which our
shareholders will move to the NASDAQ, immediately strengthening
positions and thus increasing long term market stabilization. These
corporate actions will create a new beginning for shareholders and
will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."

In other words, they want less shares out there at a higher price...not sure WHY they chose 8%, but that is where I got it from....

now, not to throw a monkey wrench in this 8% of current shares, but jrdig7 mentioned $3.84/sh.

Now, from the beginning I read this whole thing to mean; existing share holders would retain their shares.

new shares (IPO) =$48.00 / sh.
old shares (restricted) = $3.84 / sh. 0r 8% of
IPO price

I like the latter:
maybe the restriction is we can only sell them back to Rx Processing for $3.84/sh for the first 12 months?
also, it would mean the same thing in value currently, but, in the long run, the restricted shares would have the flexibility to be valued higher when they become unrestricted.

*this was my take. J_U_ICE, could this be true? or, in the phone calls to Peter did you confirm this 8% of currently held shares figure i.e. current=10000 shares / after IPO=800

just an thought...
 
Posted by T e x on :
 
quote:
Originally posted by Egg Inspector:
quote:
Originally posted by SherriT:
Egg, your calculations are correct from my understanding of the situation. The 8% is from:

"I have modified the way in which our
shareholders will move to the NASDAQ, immediately strengthening
positions and thus increasing long term market stabilization. These
corporate actions will create a new beginning for shareholders and
will tighten up our capitol structure to about 8% of Rx Processing
Corps.' current capitol structure, an IPO for 1 million shares at $48
per share price will be initiated in September of 2006."

In other words, they want less shares out there at a higher price...not sure WHY they chose 8%, but that is where I got it from....

now, not to throw a monkey wrench in this 8% of current shares, but jrdig7 mentioned $3.84/sh.

Now, from the beginning I read this whole thing to mean; existing share holders would retain their shares.

new shares (IPO) =$48.00 / sh.
old shares (restricted) = $3.84 / sh. 0r 8% of
IPO price

I like the latter:
maybe the restriction is we can only sell them back to Rx Processing for $3.84/sh for the first 12 months?
also, it would mean the same thing in value currently, but, in the long run, the restricted shares would have the flexibility to be valued higher when they become unrestricted.

*this was my take. J_U_ICE, could this be true? or, in the phone calls to Peter did you confirm this 8% of currently held shares figure i.e. current=10000 shares / after IPO=800

just an thought...

egg,

did you read the basics-of-IPOs article?
 
Posted by Egg Inspector on :
 
quote:
Originally posted by SherriT:
mad, everything you say is true...I'm just willing to risk what I have invested for the possibility...

You are also not considering the merger with DL, what other deals might be in the works behind the scenes that may have been easier to close quickly if the company is private, and lots of questions as you said. Hopefully you will find a stock that is better suited for how you invest...GLTY

.......very savvy Sherri [Smile]
 
Posted by Egg Inspector on :
 
posted by jrdig7:
quote:

Sherrit gave you some good advice to find a stock more suited to you. Try the big boards. RXPC coming soon at $48 pps.


LOL dig!

right now I'm on pg.9 of thread 9 posts from the top....
 
Posted by Egg Inspector on :
 
posted by J_u_ice
quote:
Today's action is a rare opportunity to load up, IMO.

PBM = $$$$$$$ machine.

DLS = new and emerging channel for discounted direct-to-consumer purchase of lab services (whether acute, elective, chronic, or wellness oriented).

juice, what is PBM ??
 
Posted by wallymac on :
 
Tex,

I have only recently, this past week gotten into this stock. Therefore am not even close to being knowledgable in regards to all the past events. What had perked my interest was the WSJ article that mentioned Direct Labs Services(DSL). RXPC was attempting to acquire DSL. I felt that with the acquisition of DSL, RXPC would place themselves in the mix with some of the other companies mentioned in the WSJ article. Other companies in this line of business were trading in the $60 range. At the time RXPC was trading in the .03 to .05 range. I just thought that RXPC would be good for at least a double and maybe a 10 to 20 bagger. What transpired on Friday knocked me for a loop and I have been attempting to get a handle on it since then. As I stated earlier, I want to look at this from all angles. This is completely a Risk/Reward play. I'm still accessing the potential Risk Vs Reward. I'm glad you are around helping to decipher this.

Thanks
Wally
 
Posted by Egg Inspector on :
 
quote:
Originally posted by SherriT:
Actually, I just signed back in to Scottrade to look at the streaming quotes...check your own broker, software...everything else is showing a price on the bid except RXPC....

QUOTE]


at close My Ameritrade shows

Symbol: RXPC Purchase Price:
0.07 Last: 0.0525 volume:
2,081,140 Qty:
1691 Day/Gain: -44.81 Bid:
0.045 Ask: 0.06

interpret

Symbol: RXPC
Purchase Price: 0.07 my price [Frown]
Last: 0.0525 close 6/30
volume: 2,081,140
Qty: 1691 need more [Frown]
Day/Gain: -44.81
Bid: 0.045
Ask: 0.06

 
Posted by jrdig7 on :
 
new shares (IPO) =$48.00 / sh.
old shares (restricted) = $3.84 / sh. 0r 8% of


Egg, What I meant was that the current shares are worth $3.84 if you do the math in relationship to the price at IPO of $48. Shares in the future will be valued at whatever the market is willing to pay. They will be supported initially at $48 but free trading will dictate whether they go higher or lower. That will depend on the performance of the company. If they land some big contracts and get store fronts up and running, the price could go up significantly due to only 1 million free trading shares. It could go down also, but the good news on that is they would have to drop to .75 pps to equal shares today trading at .06 If we get an IPO at $48, I can't imagine a scenario where they would drop to .75 One more mark in favor of reward.

There are alot of questions yet to be answered here. Don't ever risk more than you can afford to lose. GLTY
 
Posted by Egg Inspector on :
 
quote:
Originally posted by shoot-the-messenger:
To all:

Well, I've read the PR and many of your post.

I have to say I don't believe in the tooth fairy or free money.

If I were to get 8% of my shares in the new company thats 4000 shares at an IPO price of $48 which would be worth $192,000 for a $1700 investment. Was I born yesterday?

The one positive in the PR that I can make out is the conversion to certificates. If anyone is short or better yet naked short, they will have to cover and that stands a better chance to drive the price up short term. Thats one of the things that kept my finger off the sell button.

For now, I'll wait for more clarification and I hope to get it in the form of a PR and not hearsay. (No disrespect intended to any of you, I think your post are honest, its Peter I don't yet trust.)

stm

someone explain to me how this would be:
Rx giving us FREE MONEY!

now I am a newB so I am sure I don't have a clue, but there isn't 1 penny given to us until someone else(third party) is willing to pay it, right?
as far as I know, Rx Processing has no obligation to buy it's shares from shareholders (us) correct? and never will. only then would they be giving free money. In this case, they are only saying "we have a great company, a great business model, we are in a dynamic sector, we are going to clean up or stock situation. the companies who are our future peers (we aspire to) are normally valued in the $60-$90 range. we are going to get rid of all shorts. we are going to lower the O/S to make us as attractive as possible. once we enter into mutually benefiting partnerships / possible mergers, etc..(we don't know the details) we believe we will be worth
X-amount.

As shareholders, we will only know if they are worth X-amount ($48.00/sh) depending on what a third party (the market) is willing to pay for them. If the market is willing to pay $40+/sh, why wouldn't our shares be worth 600+ % more than the buy. we were the people that believed in them when they were nobody. doesn't this kind of thing happen all the time. you know the stories you read about happening to other people....well we're those people in this story.

I just wish I had more $ to put in. Alas, Egg is tapped out [Frown]
 
Posted by Egg Inspector on :
 
quote:
Originally posted by T e x:
decent IPO explanation:

http://money.howstuffworks.com/ipo5.htm

also, is this really classified as a pharmaceutical company?

Tex, I am sorry if you have been posting to/for me. I just got to the post above on pg.9

on weekends this is my M.O. I read some. post. go hang with famaly. read. go have a cig. read. post...you get the idea [Smile]

I have not been ignoring you.
 
Posted by Egg Inspector on :
 
Below is some excerpts from an article on IPO's. I read the whole article. no where did it change my thinking on how Rx is pricing their IPO, or should I say how they are setting their 'target price'.

Thanks Tex

ref.link;

http://money.howstuffworks.com/ipo5.htm


excerpts from 'HowStuffWorks article on IPO's

Ready, Set, IPO

The most important character is probably the underwriter, an investment banker who works for an investment company. Underwriters have the distribution channels and business community contacts that can get a company's shares out to the right investors. They will also help set the initial offering price for the stocks, work to create enthusiasm for the stock, and assist in creating the prospectus. The prospectus is an important document that describes the company in great detail to potential investors.

Once the prospectus has been drafted, it is reviewed by the SEC. SEC approval only means that the prospectus follows the regulations for such documents -- it says nothing about the quality or future profitability of the company.

Following SEC approval, company executives go on the road show, otherwise known as the dog-and-pony show. This is a tour of major cities and cities where important brokerage houses have their headquarters. At these invitation-only slide shows (a few elite investors will even get one-on-one presentations), potential investors are given "goodie bags" containing calendars, pens, samples of the company's product, and whatever else might help investors think favorably about the company. One fashion designer even stocked a road show with famous supermodels.

Although the goodies and supermodels take the spotlight, the road-show crew also includes a Wall Street analyst who will give positive opinions about the company's future profitability. However, no one involved with the company is allowed to talk publicly about anything that isn't in the prospectus in the period leading up to the IPO


The Day of the IPO

The day before the stocks are issued, the underwriter and the company must determine a starting price for the stocks. A target price will have been set early on in the process, but IPOs are rarely stable. Obviously, the higher the price, the more money the company gets; but if the price is set too high, there won't be enough demand for the stocks, and the price will drop on the aftermarket (the open financial markets where the stock will be traded after the initial offering). The ideal stock price will keep demand just higher than supply, resulting in a stable, gradual increase in the stock's price on the aftermarket. This will lead to praise from market analysts, which will in turn lead to increased value down the road.
 
Posted by Egg Inspector on :
 
quote:
Originally posted by T e x:
not saying RXPC must follow the same model, but just for reference here's some background on a well-known move from public to private, "Doubleclick":

http://www.socaltech.com/story/0001857.html

http://en.wikipedia.org/wiki/DoubleClick

clearly, it's not an overnight process; took Doublick roughly from October 04 to July 05; also note concept of going private then re-IPOing "a firm after a few years."

Tex, are you implying that your opinion is RXPC is very ambitious indeed to think they can:

be a public pink - JULY 06
a private corp. - AUGUST 06
a NASDAQ public - SEPT. 06

I haven't read your links on 'doubleclick' yet, but I was thinking the same thing without reading anything. I know I incorporated my small '1-man show' business and it took a few months!
 
Posted by Egg Inspector on :
 
by Tex:
quote:
egg,

did you read the basics-of-IPOs article?

yes I did Tex, just finished it 16:40pm, then posted below.
 
Posted by Egg Inspector on :
 
quote:
Originally posted by wallymac:
Tex,

I have only recently, this past week gotten into this stock. Therefore am not even close to being knowledgable in regards to all the past events. What had perked my interest was the WSJ article that mentioned Direct Labs Services(DSL). RXPC was attempting to acquire DSL. I felt that with the acquisition of DSL, RXPC would place themselves in the mix with some of the other companies mentioned in the WSJ article. Other companies in this line of business were trading in the $60 range. At the time RXPC was trading in the .03 to .05 range. I just thought that RXPC would be good for at least a double and maybe a 10 to 20 bagger. What transpired on Friday knocked me for a loop and I have been attempting to get a handle on it since then. As I stated earlier, I want to look at this from all angles. This is completely a Risk/Reward play. I'm still accessing the potential Risk Vs Reward. I'm glad you are around helping to decipher this.

Thanks
Wally

wally, I hope I am not 'just a pain' on this. I am trying also
 
Posted by wallymac on :
 
Egg, No you are bringing good discussion on this and it is very welcome IMO. As long as this stays a productive discussion as it is now, we might be able to get to the bottom of this. The more constructive speculation and DD we get the closer we will get to accessing the nature of this play. At this point I, for one, am completely satisfied with the manner everyone is attempting to figure this one out.

Your routine on a Sunday follows mine. Read, Post take a break incl a cig and then come back.

GLTA
Wally
 
Posted by Egg Inspector on :
 
quote:
Originally posted by jrdig7:
new shares (IPO) =$48.00 / sh.
old shares (restricted) = $3.84 / sh. 0r 8% of


Egg, What I meant was that the current shares are worth $3.84 if you do the math in relationship to the price at IPO of $48. Shares in the future will be valued at whatever the market is willing to pay. They will be supported initially at $48 but free trading will dictate whether they go higher or lower. That will depend on the performance of the company. If they land some big contracts and get store fronts up and running, the price could go up significantly due to only 1 million free trading shares. It could go down also, but the good news on that is they would have to drop to .75 pps to equal shares today trading at .06 If we get an IPO at $48, I can't imagine a scenario where they would drop to .75 One more mark in favor of reward.

There are alot of questions yet to be answered here. Don't ever risk more than you can afford to lose. GLTY

I realized most of what you are saying here before. I am also trying to dispel this notion of 'free money' which is ridiculous.
I like your logic. your "it would have to fall" baseline. so far, even though it is not at all what I expected, I can't see how we lose.

so...
there is no-way I could be even close to something?

restricted shares/(old)shares

= $3.84 (8% of IPO)
=can't be sold for 12 months except to Rx?

...this was my interpretation...
 
Posted by Egg Inspector on :
 
quote:
Originally posted by wallymac:
Egg, No you are bringing good discussion on this and it is very welcome IMO. As long as this stays a productive discussion as it is now, we might be able to get to the bottom of this. The more constructive speculation and DD we get the closer we will get to accessing the nature of this play. At this point I, for one, am completely satisfied with the manner everyone is attempting to figure this one out.

Your routine on a Sunday follows mine. Read, Post take a break incl a cig and then come back.

GLTA
Wally

[Smile]
 
Posted by Egg Inspector on :
 
posted by Egg:
-------------------------------------------------
there is no-way I could be even close to
something?

restricted shares/(old)shares

= $3.84 (8% of IPO)
=can't be sold for 12 months except to Rx?

...this was my interpretation...
-------------------------------------------------

wally, I just figured out why 'my interpretation' couldn't possibly be right. It does not reduce shares. one of their main directives.
 
Posted by T e x on :
 
quote:
Originally posted by Egg Inspector:
quote:
Originally posted by T e x:
not saying RXPC must follow the same model, but just for reference here's some background on a well-known move from public to private, "Doubleclick":

http://www.socaltech.com/story/0001857.html

http://en.wikipedia.org/wiki/DoubleClick

clearly, it's not an overnight process; took Doublick roughly from October 04 to July 05; also note concept of going private then re-IPOing "a firm after a few years."

Tex, are you implying that your opinion is RXPC is very ambitious indeed to think they can:

be a public pink - JULY 06
a private corp. - AUGUST 06
a NASDAQ public - SEPT. 06

I haven't read your links on 'doubleclick' yet, but I was thinking the same thing without reading anything. I know I incorporated my small '1-man show' business and it took a few months!

lol, "ambitious"...

ya...

I realize Doubleclick was a "real" company, so the months involved may not apply here. As a pink, they may be able to pull a hat from the rabbit, and *FOOP* suddenly they're private.

However, doing so would lessen their credibility as a "real" company and almost certainly sour any chances of offering an IPO from one of the exchanges...which in and of itself is quite an undertaking.

A general concern is their poor, oddly worded PRs, suggesting less than professional oversight, or worse...

In addition to the "ambitious" time-line--which doesn't yet make sense to me, even if possible--three specific concerns remain for me:

1) how were shares retired?

http://biz.yahoo.com/iw/060324/0114506.html

2) annual stock dividend

http://biz.yahoo.com/bw/060606/20060606005575.html?.v=1

3) annual cash dividend


Wally, understand the initial attraction...WSJ, etc... So far, the more I look, the more questions arise...
 
Posted by Egg Inspector on :
 
I have incorporated 3 times, (personally been involved) 1 C-corp. 1 S-corp. and 1 LLC. it takes some time.
the companies:
-1-man show. 2 months.

-10-12 employees. 1.5 months (LLC)

-20-25 employees. 3-4 months

they are ambitious to say the least.

I also have great concern about the 'retired shares' which I found out about today for the first time.

I am glad the likes of you and J_U_ICE are in to navigate the mine fields.
 
Posted by wallymac on :
 
Yes Tex, I do have concerns. Not enough YET to sell my position but there are many questions that do need to be answered. One thing that does have me in an inclination toward positive is some of the wording in the PR. Peter, the CEO, used the words WILL. In my short experience the one thing I have found is that the true scams will always use words like; hope to, plan on, is our desire. I think you get my drift. They seem not to use words in the affirmative that can later come back to bite them in the butt. So the wording of WILL initiate and WILL be supported give me some hope. The Jury, of which I am one, is still out on this one.

If at all possible the way I would play this is to be able to get my original investment out and ride the free shares into. That way there would be no pressure of making a mistake.

I still think this is possible since many proven scams run on greed alone. Many may decide that the risk is worth the reward and if enough buyers jump in the MM's will take it up in order to maximize their profits. Like they say don't fight the MM's understand their game and play along.

Just to clarify I am not ready to call this a Scam yet. I have researched the CEO and have yet to find him as the typical scammer.

GLTA
Wally
 
Posted by T e x on :
 
yup, anything can run, Wally...

one word? you may be on to sumpin: sometimes one lil clue is revealing...

me? not labeling anything--if/when I get answers, will post them, too
 
Posted by portman on :
 
ok, I am caught up on all the posts. Here is my read on this one.

1. You are NOT getting free money.

Investors are getting transitioned into private investors in a new company. It is not uncommon for that stock to be sigificantly lower than the IPO price. The company can restrict those shares not to exceed 12 months from public trade.

Now do I think that they can throw together a company worth a $48 IPO? Probably not.

Do I think I can lose on this deal? Yepper.

Am I going to sell my position> Nope.

Why? The potential risk * 25% of the stated is worth the risk at this point in time. That may change. If it does I will reassess my position.
 
Posted by jrdig7 on :
 
Portman,

There is much to find out here yet but $48 IPO is not hard for me to imagine here. DLS has the State of La. as a client. 265,000 clients. If we acquire DLS and can get the presciption business for the state also, that is a great starting point. Add in store front partnerships and more contracts for states and big businesses(GM, etc. that are struggling with medical insurance)and the sky is the limit.

We don't know how close or far we are to being able to make this model work but the potential is enormous. Put this all together with a tight share structure like we will have and $48 may be cheap, imo.
 
Posted by curmire5 on :
 
the company structure is terrific, but in the pr. it states putting rxpc into 8% of the basic ipo is ridiculous. I hope all of you can make a killing. but not enough info, I would be calling pub relations at 5 min to opening bell, if this sucker tanks, I can only imagine a bad experience could keep all involved from continuing investing in a money making biz such as trading. I hope I am stupid on this one, but to many red flags. GLTA regards.
 
Posted by curmire5 on :
 
money is not made when you get into a dead dam deal,, I do not mean to bash, I have plenty of cash for this sitting at my brokers, but dang, wish you all could re-read the pr's. they sound confused, none of it makes sense. even trying to put it together. if we work as a team we can all make green cash...........

when you lose on this stock, please remember curmire5, all I want is all of us to make massive retirement cash. and keep an open mind. we can try to figure out what 8% means until we are blue in the face, I am done here, you have ALL been warned, I have other stocks to look at than hold my resolve on this pos, money is to be made but not here. this co. is a mistake. GLTA
 
Posted by wallymac on :
 
Thanks for the warning. It sure seemed that most of us were trying to figure this out and are still attempting to. I, personally don't take to warnings any better than I do to ultimatums. I make my decisions based on what I am able to find. we happen to be endeavoring to decipher what is happening here.

From what I have read everyone has their eyes wide open and no one is being duped. I have witnessed many people working together. It's a great thing when that happens. This stock may enabled some to retire and others to make a substantial reward for the risk they take or we may lose everything we have invested. That is the truth of this and many other stocks we all put our money into on a daily basis. It is up to each individual to decide what is right for them.

You have reached your conclusion which is fine but your (I told you so attitude) may be premature and even if correct and this goes down in flames serves no purpose other than to inflate your own ego.

I hope you make money on your other stocks but I do take offense to your last post. It is not helpful in any manner and does nothing to further our cause.

GLTA
Wally
 
Posted by portman on :
 
Jrdig7 and Wally,


You are both spot on!
 
Posted by curmire5 on :
 
wal, I have been following the conversations and appreciate them in a huge way, I wanted to believe that we were all going to get 8% of what we would own in this company, and make bank in a huge way, on friday I seen something different in this stock, and after reading the pr so many times and even trying to read between the lines, came up with the same flags. I apologize for the offense, did not intend to. and I am not after an ego boost.
I only buy maybe 12 - 15 companies a year and did have hopes on this one.
sorry for the last post, innapropriate, and egotistical. (just reread). I hope everybody well on this glta

[ July 03, 2006, 09:02: Message edited by: curmire5 ]
 
Posted by J_U_ICE on :
 
Wow This is the last time I take a few days off from here. Thanks for the heads up and info Tex. Wally great posts as always. I'm reading and catching up now
 
Posted by jrdig7 on :
 
I just got off the phone with Peter. He said we will be having a conference call within about 10 days and that will be before we go private. He said we will still own all of our stock in the private company. RXPC will own the new subsidiary in which we will receive a stock divvy of around 8%. He can't go in to details yet but the subsidiary is on track to be IPO'd in Sept. That does mean stock for sale. As for the $48 price, that is based on the business model. He feels that is a price that is on the low side and I feel the same way when you look at the future potential and the tight share structure. Don't be looking for any forward splits as he likes the idea of keeping the OS at 4 mil. He couldn't say more than he has been in contact with all parties necessary to make this happen at this time.

The DLS deal could have been financed but it would have been thru convertible debentures and Peter felt that that would be detrimental to the shareholders. The finance companies would do their best to keep the pps down thru MM manipulation so they would be able to buy/convert at a discounted price. That is why he is going the route to the NAS. DLS is still partnered with us and the idea to fully acquire them is also on.

Yes, we all have to weigh the risk we are willing to take. I have weighed mine and I see too much reward to walk away. Long and Strong for me. I wish all the best in whatever you choose to do.


I learned long ago, never wrestle with a pig. You both get dirty but the pig likes it. George Bernard Shaw
 
Posted by J_U_ICE on :
 
Thanks for the update jrdig7. I'm long and strong for this one also
 
Posted by wallymac on :
 
quote:
Originally posted by curmire5:
wal, I have been following the conversations and appreciate them in a huge way, I wanted to believe that we were all going to get 8% of what we would own in this company, and make bank in a huge way, on friday I seen something different in this stock, and after reading the pr so many times and even trying to read between the lines, came up with the same flags. I apologize for the offense, did not intend to. and I am not after an ego boost.
I only buy maybe 12 - 15 companies a year and did have hopes on this one.
sorry for the last post, innapropriate, and egotistical. (just reread). I hope everybody well on this glta

That was a very classy post. I wish you the best of luck in all your investments.

Wally
 
Posted by J_U_ICE on :
 
Posted by: jrdig7

We currently own stock in RXPC. The company is going private but we still own our stock. RXPC is starting a subsidiary that we will be given a stock divvy of approximately 8%. We will still own our RXPC plus the stock in the new co.
 
Posted by SherriT on :
 
Mornin' All --

Egg, I saw that no one had answered your question about what a PBM is, and thought the explanation might be beneficial for the rest of the group...

I worked for one for a while, so I can probably answer any questions you have about the industry.

Basically, they contract with TPOs (third party organizations) or individual companies to provide pharmaceuticals - sometimes it is through mail order services, and sometimes it is handling actual claims from a drugstore, or can be both. For example, if my employer wanted better prescription coverage than the standard included with medical insurance, they would contract with a PBM. When I went to Walgreens to fill a prescription, I would show them the PBM card, and then Walgreens would verify my eligibility, and fill my script. Then, Walgreens would handle the nuts, bolts, and money switching with the PBM.

Basically, it is expanded insurance...BIG business. No worries about this one when it does hit the big board, particularly since the State of LA is a customer of Direct Labs.
 
Posted by invester on :
 
I hope you guys listened, and got out. Good luck.
 
Posted by Jimmy Mac on :
 
Well,
This certainly was not unexpected.
In fact...not as bad as I expected today!
Who...in this arena plays this kind of questionable waiting game?? not too many.
Not too much $ involved in this for me so I am willing to see how the story ends.
I LOVE the business so it makes sense for me to stay and watch the players execute... IF...IF..they have the intention to do so??
So Peter ............if you are so intent on creating shareholder value....Be my guest! some of us are still watching

DYODD
Jimmy Mac
 
Posted by jrdig7 on :
 
Peter said he will pr the Conference call date in the next couple of days. It will be interesting to see what the reaction is to the CC.
 
Posted by SherriT on :
 
My only gripe so far is that I should have sold high so I would be able to buy back more shares for the same investment ;-) My women's intuition says we are all in a very good position...and I am more right than wrong by percentages.

Have a GREAT holiday everyone!
 
Posted by T e x on :
 
...especially if he takes questions [Big Grin]
 
Posted by J_U_ICE on :
 
Posted by: wallymac

My understand is there will be 4 million pre IPO shares and 1 Million shares issued at $48 a share issued when the IPO begins trading, which will raise the 48 Million mentioned in the PR. A total of 5 million shares making the Market Cap a modest 240 Million. This really isn't as outrageous as it originally sounded. I haven't found anything in Peter's past or read anything posted from the many who must be doing similiar research, suggesting that Peter is shady in the least bit.

All I can say is the more research I do the more confidence I have that we may indeed be onto something here. I still say use caution and do your own DD before you make and decisions.

Good Luck
Wally
 
Posted by J_U_ICE on :
 
up 82% but a ridiculous spread 032 x 0.06
 
Posted by J_U_ICE on :
 
Posted by: wallymac

Just a little background on Peter.

http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=597033984
 
Posted by J_U_ICE on :
 
up 6% toady in the green. Conference call within the next week with Peter will keep everyone up to date
 
Posted by portman on :
 
Business Wire - July 11, 2006 09:29

WILMINGTON, Del., Jul 11, 2006 (BUSINESS WIRE) -- Rx Processing Corporation (OTC: RXPC) recently modified its approach towards listing our shareholder on a NASDAQ exchange. Furthering shareholders knowledge and understanding of our true competition and future shareholder market capital for the subsidiary and why $48 was agreed upon for the offering price.

Rx Processing Corp.'s shareholders major competition in sourcing prescription medications are Canada Drugs, a Canadian corporation with over 175,000 patients and Rx-payments Ltd. of Israel with assumed revenues in excess of $1 billion US. These groups work internationally and have greater flexibility servicing clients with prescription medications than U.S. corporations in a direct to consumer business model. Rx Processing Corp. shareholders will have many advantages over the competition; we can transact and conduct business in a HIPPA compliant regulatory environment to further ensure customer identity information is safe and residing in the United States while receiving a full compliment of prescription medication.

We learned from innovators in prescription medication sourcing and direct laboratory testing and have listened to how to properly conduct operations as a reporting corporation. This understanding leads to our innovative approaches to methods utilized by international groups that achieved substantial success in attaining U.S. customers. We, however, possess a business model and track record of seeding this developing market with open public communications and a true focus on benevolently affecting U.S. Citizens health care.

Our shareholder future market capitalization is as follows for the prescription medication sourcing business for the under and uninsured. One client conservatively represents $2500 annually in prescription medication sales with a built in 15%-40% net profit margin on brand and lower cost generic medications respectively. This $375-$650+ a year in potential net profits per client with a corporate capital market multiple of 7 years equals a market value of $2650-$4550 per client. Figure each future corporate or affiliate location gains 1 client per day and they order a 90-day supply of Lipitor for $228 and tell their neighbors over coffee within a 90-day time frame, we effectively have a potential growth curve of 50-100% every ninety days for a number of years. Conservatively, the potential number of clients we attain in the next 7 years could reach 100,000+. Adding in the intent to still acquire Direct Laboratory Services Inc. (1) for our shareholders in the corporation now forming and the potential for additional strategic acquisitions, a valuation of $48 per share is wholly justified.

Peter Fiorillo commented, "This market capitalization is significant, sizable to service our market, and we are aggressively positioning to keep that market capital in the United States to support Americans."

About Rx Processing Corp. - http://www.rxprocessingcorp.com

Rx Processing Corp. is positioning shareholders to become significant owners in a listed NASDAQ corporation to provide prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

(1) The option agreement to acquire Direct Laboratory Services Expired without execution June 15th 2006.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055

Copyright Business Wire 2006
 
Posted by Egg Inspector on :
 
PR 09:29

sure I am late [Smile]

Rx Processing Corp. Analysis of Developing Shareholder Corporate Capitol Market
Business Wire - July 11, 2006 09:29

WILMINGTON, Del., Jul 11, 2006 (BUSINESS WIRE) -- Rx Processing Corporation (OTC: RXPC) recently modified its approach towards listing our shareholder on a NASDAQ exchange. Furthering shareholders knowledge and understanding of our true competition and future shareholder market capital for the subsidiary and why $48 was agreed upon for the offering price.

Rx Processing Corp.'s shareholders major competition in sourcing prescription medications are Canada Drugs, a Canadian corporation with over 175,000 patients and Rx-payments Ltd. of Israel with assumed revenues in excess of $1 billion US. These groups work internationally and have greater flexibility servicing clients with prescription medications than U.S. corporations in a direct to consumer business model. Rx Processing Corp. shareholders will have many advantages over the competition; we can transact and conduct business in a HIPPA compliant regulatory environment to further ensure customer identity information is safe and residing in the United States while receiving a full compliment of prescription medication.

We learned from innovators in prescription medication sourcing and direct laboratory testing and have listened to how to properly conduct operations as a reporting corporation. This understanding leads to our innovative approaches to methods utilized by international groups that achieved substantial success in attaining U.S. customers. We, however, possess a business model and track record of seeding this developing market with open public communications and a true focus on benevolently affecting U.S. Citizens health care.

Our shareholder future market capitalization is as follows for the prescription medication sourcing business for the under and uninsured. One client conservatively represents $2500 annually in prescription medication sales with a built in 15%-40% net profit margin on brand and lower cost generic medications respectively. This $375-$650+ a year in potential net profits per client with a corporate capital market multiple of 7 years equals a market value of $2650-$4550 per client. Figure each future corporate or affiliate location gains 1 client per day and they order a 90-day supply of Lipitor for $228 and tell their neighbors over coffee within a 90-day time frame, we effectively have a potential growth curve of 50-100% every ninety days for a number of years. Conservatively, the potential number of clients we attain in the next 7 years could reach 100,000+. Adding in the intent to still acquire Direct Laboratory Services Inc. (1) for our shareholders in the corporation now forming and the potential for additional strategic acquisitions, a valuation of $48 per share is wholly justified.

Peter Fiorillo commented, "This market capitalization is significant, sizable to service our market, and we are aggressively positioning to keep that market capital in the United States to support Americans."

About Rx Processing Corp. - http://www.rxprocessingcorp.com

Rx Processing Corp. is positioning shareholders to become significant owners in a listed NASDAQ corporation to provide prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

(1) The option agreement to acquire Direct Laboratory Services Expired without execution June 15th 2006.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055

Copyright Business Wire 2006
 
Posted by portman on :
 
Give a thread the double All-Star Pittsburgh Wammy and it gets all quiet. [Smile]
 
Posted by JF Glass Works on :
 
So wha tare the chances of this thing keeping a high price once it gets to the nasdaq? Will this fall like so many other stocks do right after IPO? It looks really interesting and I am lookin to get in tomorrow.
 
Posted by wallymac on :
 
Put it this way. In order for you to lose money it would have to drop from $48 all the way down below 70 Cents. It close at .05 today if you bought 10,000
shares at .05 your cost would be $500 plus commission. As a dividend you will receive 800 shares of the IPO. $500 divided by 800 shares = .0625. I used .70 so commissions would be covered. As long as the IPO happens as planned.

This is totally a Risk vs Reward play. How much do you feel comfortable with losing. The money I have in is money that I no longer consider. It's like I paid a bill with it and it's gone. If the IPO happens and once the restriction period is over hopefully I'll have a surprise and the stock will be worth anywhere from $5 to $60. If it's $5 I'll have $4,000, based on a $500 investment or more if the stock holds it's value. It's a risk don't invest any money that you can't afford to lose. You also still have your original shares in the private RXPC company. I have no idea how shares in private companies work.

Hope that helped

GODD LUCK
Wally
 
Posted by portman on :
 
Well, put Wally.

Rememebr to we assume to push an additional 4M shares into the float next year. The hope is that the company has gained a price threashold that does not impact our shares entering the market.
 
Posted by J_U_ICE on :
 
Posted by: jrdig7


RXPC update. I talked to Peter this am. He said the NOBO/OBO list will be up this week. He has been very busy with other things and that is why they were delayed. He is going to Ohio to finish up everything with the website. Global Media is a significant shareholder and will be doing the PR for the new website and IPO.

The CC will be next week and the pr announcing will be out soon. We should be able to get a very good handle on things at that point. It is hard for him to tell single individuals details without telling everyone else so we will just have to wait for the CC. Best of luck to the longs.
 
Posted by vettes76 on :
 
I am holding onto 7500 shares * 0.0445. Looks good so far but why was there no good pop from the last PR. I guess people think it is too ambiguous right now. I did have one issue with them; the email addy for IR doesnt work...I keep getting a kick back RTS notice. Any ideas?
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces National Teleconference July 20, 2006

Business Wire via COMTEX


Jul 14, 2006 1:11:54 PM

WILMINGTON, Del., Jul 14, 2006 (BUSINESS WIRE) --

Rx Processing Corporation (OTC:RXPC) is pleased to announce a National Teleconference July 20, 2006 at 4:15 pm EDT to update shareholders and the financial community about corporate actions, events, and its expanding industry business environment.

If you would like to participate in a National Teleconference withRx Processing Corp. please dialToll Free Access Number1-800-868-1837Direct Dial Access Number1-404-920-6440Pass code 37273465#Date/Time:7/20/2006 4:15:00 PM Eastern Time Zone7/20/2006 3:15:00 PM Central Time Zone7/20/2006 2:15:00 PM Mountain Time Zone7/20/2006 1:15:00 PM Pacific Time Zone
Rx Processing Corp. will discuss its strategy leading towards a NASDAQ Listing for shareholders, past corporate events (including acquisitions) and clarify to shareholders what we have to collectively accomplish in securing our health care future. The featured speaker from Rx Processing Corp. will be Peter Fiorillo, Chairman and CEO.

Peter Fiorillo commented, "I am excited to speak to all shareholders and the financial community and share with you details of my personal and corporate mission in securing our future health care, provide clarity about past events and elaborate on current actions to increase shareholder capital, further positioning the company and our industry for the next 5-10 years in an ever changing and increasingly dynamic environment."

About Rx Processing Corp.

Rx Processing Corp. is positioning shareholders to become significant owners in a listed NASDAQ corporation providing prescription medications and preventative health laboratory testing to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens would benefit from the company's affordable prescription medication and laboratory testing programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055 http://www.rxprocessingcorp.com

Copyright Business Wire 2006
 
Posted by J_U_ICE on :
 
Here is a list of questions we have compiled for Peter feel free to add your own. Conference Call is scheduled for thursday July 20

Posted by: jrdig7

This was the last list I saw here. As for the CC, I'm sure he has written out what he will say at this point. We still should submit this to him so he can see what we are concerned with and if he can't fit it into the CC, maybe he can address them with a letter to the shareholders. Let me know if there is any way I can help. Thanks.

Remember folks, this is a rough draft, it will get revised before getting sent.


1 Are we on track for the IPO in Sept and do we have an underwriter to market it?


If for some reason you are unable to get the IPO off the ground will RXPC continue as a private company or will you look to go public on another exchange. How exactly will this affect shareholders?


1. Name of new Company
2. Ticker symbol yet?
3. What Forms have been filed? How many are left.
4. I assume the audit is complete - results?
5. Who is/are the underwriter(s)?
6. Who else is involved
7. Describe the affiliate and has there been any sign on, or show interest?
8. What are the projected future locations based on?
9. Do we plan on becoming a PBM and/or accept insurance contracts? - if so timeframe.
10. is 8% still the share divi?
11. length of restriction
12. status of DLS aquisition

13. Can you layout the details of the July-September timeframe for shareholders? Step by step.
14. Can you explain to the shareholders why the IPO plan is better than just carrying on with growing RXPC as is?
15. Can you give us some hard numbers and details for why the $48 figure was used? Clients and prescription numbers.
16. How long will the shares be restricted after the IPO? Can that number be adjusted by a company option? Say 6 months instead of one year.
17. When will the Global Media Fund's advertising kick in? How is Global Media getting paid?
18. Can you give us the latest details on trying to lower RXPC's Outstanding Shares to 50M?
19. What influence has Canada Drug's business been to RXPC? Did you model RXPC's business plan after any parts of their business? Do you think Canada Drug's growth is something that RXPC can replicate?
20. Can you post all the latest NOBO/OBO lists in the next couple days?
21. Can you give us the latest share structure including Restricted shares and the latest float?
22. What is the cost of the IPO process?
23. Is the IPO being underwritten on a firm commitment basis or only a best effort basis?
 
Posted by J_U_ICE on :
 
The list of questions was sent to Peter so hopefully he will address them all
 
Posted by wallymac on :
 
Thanks Juice. I'm still in and will be listening tommorrow. Been tied up recently with FHAL. Hopefully this will be a similiar ride.

GLTA
Wally
 
Posted by J_U_ICE on :
 
up10% maybe some interest coming in with the conference call coming later today
 
Posted by Jimmy Mac on :
 
I'm looking for an afternoon surprise..
INTERESTED PARTIES! we'll see

Jimmy Mac
DYODD
 
Posted by J_U_ICE on :
 
If you would like to participate in a National Teleconference with
Rx Processing Corp. please dial

Toll Free Access Number
1-800-868-1837
Direct Dial Access Number
1-404-920-6440
Pass code 37273465#

Date/Time:
7/20/2006 4:15:00 PM Eastern Time Zone
7/20/2006 3:15:00 PM Central Time Zone
7/20/2006 2:15:00 PM Mountain Time Zone
7/20/2006 1:15:00 PM Pacific Time Zone
 
Posted by J_U_ICE on :
 
quote:
Originally posted by J_U_ICE:
If you would like to participate in a National Teleconference with
Rx Processing Corp. please dial

Toll Free Access Number
1-800-868-1837
Direct Dial Access Number
1-404-920-6440
Pass code 37273465#

Date/Time:
7/20/2006 4:15:00 PM Eastern Time Zone
7/20/2006 3:15:00 PM Central Time Zone
7/20/2006 2:15:00 PM Mountain Time Zone
7/20/2006 1:15:00 PM Pacific Time Zone


 
Posted by SherriT on :
 
Guys, I am still holdin my shares, but had eye surgery a couple of days ago, and I'm not worth shooting - would someone mind summarizing the conference call here when it is finished, please?
 
Posted by J_U_ICE on :
 
Sherri there isn't much to summarize. Peter spoke about his "vision" and we weren't able to ask questions it was him talking about the future but in vague terms. He didn't give any info other then saying the IPO should be on the Nasdaq in Sept. He seemed very nervous and unprepared for the call.
 
Posted by Jimmy Mac on :
 
Ouch!
Not a professional cc!
1st one...understandable...forgiven
I'm sticking with this one for a nice payday down the road.
I'm not sure why, because all is vague and unpredictable at this point..
I can wait till Sept and ................IF....we are looking at the Nasdaq.........well good for us!!OH, THIS IS A FANTASTIC BUSINESS TO BE IN....IF...Peter & co. can EXECUTE.........we'll see

Jimmy Mac
DYODD
 
Posted by J_U_ICE on :
 
I'm sticking also Jimmy Mac. I'm not going to let 10min of a CC by someone who has never done one dictate my position. For me the risk is far outweighed by the possible reward.
 
Posted by J_U_ICE on :
 
Wally I'm posting you recap because it's more in depth than mine. Thanks

Posted by: wallymac

He basically gave us the history of why he founded the company. Which was to provide Senior citizen with an avenue to buy affordable prescription drugs so they would not have to take half doses or go without. It sounded like this happened to someone close to him. He talked about his vision for the company, nothing concrete. He made references to deals gone wrong(no details). He did say that the company would be trading on Nasdaq by September, that everything was progress and that he saw nothing that would delay it. But he did talk about unforseen delays at one point. There were no specifics given.

Pretty much the CC in a nut shell.
If I missed something please add to it.

GLTA
Wally

PS: He also stated the the deal to acquire DLS lapsed but that he still intends to persue it.
 
Posted by SherriT on :
 
Thanks much. I am in agreement with you guys - the possible reward is great for the short term we have left to wait for indications that it is really going somewhere. Having worked for a PBM/mail order company, the profit margin is HUGE, so he has room to offer the service and still make a lot of money for stockholders....the good point is that with cheaper prices, he would likely pull a higher share of the market (for obvious reasons). Good ideas don't always come to the most outspoken people - if I had a deal like this going, I wouldn't know what to say either.

Thanks again!
 
Posted by Jimmy Mac on :
 
Well,
That was ugly!!
Uh Oh......What is this? Is there a pulse after all..
C'mon Peter ....a little pr with substance

JM
DYODD
 
Posted by vettes76 on :
 
Ugly??? I was running on the beach this morning and thought I saw ugly with all those fats chicks in one pieces. I come back to see red almost as bad as those cellulite thighs. Hell maybe worse! I am in with 30K * 0.04, anybody else care to share?
 
Posted by SherriT on :
 
The newbie here is in with 25K * .06 (but I will still be OK with that assuming Peter is good to his word) [Big Grin]
 
Posted by jrdig7 on :
 
Started off real ugly but we regained a little stability throughout the rest of the day. Hopefully Peter can release some pr's with meat to them to regain credibility here. Holding strong and looking forward to the move to the NAS. GLTA
 
Posted by BooDog on :
 
edited

[ July 22, 2006, 07:45: Message edited by: BooDog ]
 
Posted by BooDog on :
 
Did they say they would be posting the conference on their web site?
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
edited

This was my edited post... just an opinion though
Just 1 note of interest, the ceo peter, has been a few places. Comptroller, real estate and a few other places, but it doesn't look like anything major. It may be he thinks he can make all this happen but I think his time line is a bit off, inexperience?. Going by the lack of secure info to go by at the moment IMO this could be played as a percent gainer for your portfolio, as they get closer to the date to go private I would not be in this unless they get some good info together. Private shares are worthless if there is not a buyer - and i wouldn't count on the company buying them back. The IPO issue is purely speculative - more like an advertisement and can be restructured at any time. Share elimination program - less shares pps moves easier - who owns the most common shares in the company? pink sheets he can sell any time - no rules.

Let me know if i'm way off base.
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
Date:7/24/2006 10:38:58 AM


Just talked to Peter and he was very upbeat. He is going to be putting out a letter to the shareholders, maybe even by tomorrow. I have felt all along that we are in the right place at the right time, and to be honest, that feeling just keeps getting stronger. This Fall will be a Fall to remember. GLTA
 
Posted by J_U_ICE on :
 
Here's the WSJ from today's online version...
There is also a graph that I couldn't copy that shows when Peter feels the manipulation was occurring. Three other companies (Sedona, NewMarket Tech and Riverbank Investments) were also in the graph.

Street Sleuth
'Not MY Stock':
The Latest Way
To Fight Shorts
By KARA SCANNELL
August 2, 2006; Page C1

Some executives are reaching for an odd tactic in an expanding battle against short sellers, who profit when share prices fall.

The executives -- at smaller companies that often don't trade on big exchanges -- are pushing shareholders to lock away their physical stock certificates so the short sellers can't get their hands on the shares.

Stock trading rarely involves the actual exchange of physical stock certificates anymore, because Wall Street trades and tracks most stocks electronically. But in a perhaps quixotic effort, the executives hope they can short-circuit the short sellers by rounding up stock certificates and taking them out of the electronic loop.

Short sellers borrow shares and sell them, hoping the share price will fall, allowing them to profit by replacing the borrowed shares with less costly ones bought later. The activity is legal, and many investors and scholars argue it helps share prices to adjust to changes in a company's outlook.

But a number of executives -- at companies like Fairfax Financial Holdings Ltd., a Canadian insurance company, and Overstock.com Inc., a U.S. Internet company -- argue short sellers are manipulating their shares. They are challenging the shorts with lawsuits, private investigations and publicity campaigns.

Few companies have been able to prove improper trading, but the stock-certificate effort is a sign the battle between short sellers and aggrieved executives is widening. By getting shareholders to take physical possession of their stock, the executives hope, brokers won't be able to lend the shares out to short sellers.

"The problem is shorting has gotten to be so popular that there's no accountability," says Wes Christian, a partner at Christian, Smith & Jewell LLP, a Houston law firm that says it is working for 20 companies -- including Overstock and Sedona Corp. -- against short sellers.

Peter Fiorillo, founder of Rx Processing Corp., a Tampa, Fla., provider of laboratory tests, says he became suspicious about activity in his company's shares in February, when 85,000 Rx shares traded at 0.0001 cent, well below the one cent where it had been trading. He suspected short sellers were involved.

"You see somebody print 0.0001, and you know that they're not real trades," he says. The shares trade as pink sheets, part of an unregulated stock-quote service populated by many small companies, and don't change hands on an exchange like the New York Stock Exchange or Nasdaq.

The following month, he issued a news release recommending shareholders of Rx Processing ask their brokers to deliver physical certificates. "This action limits interbrokerage borrowing and market manipulation," he said in the release.

Company executives complain that some traders sell borrowed shares that don't even exist, a practice known as naked short selling, which is typically illegal. These executives argue that if short sellers can't find stock to borrow and sell, it will be harder for them to short the shares.

Moreover, if fewer shares are in the hands of brokers to lend out, some short sellers might be forced to return borrowed shares, relieving downward pressure on share prices.

James Angel, an associate professor of finance at Georgetown University in Washington, calls the executives' efforts a fruitless attempt to "go back to the early 20th century." Mr. Angel says chief executives blame short sellers, when in fact short sellers are often first to identify companies with problems.

"Much the same as when the hyenas are targeting a pack of zebras," he says, "they're likely going to get the weak ones."

It isn't clear just how many executives are asking shareholders to go with paper. It is even less clear how many are succeeding.

At Rx Processing, fewer than 15 stockholders followed the CEO's advice and requested certificates. That amounted to about 500,000 shares, less than 6% of the nine million shares outstanding.
[numbers]

Mr. Fiorillo says he is unlikely to push the effort further. Now, he hopes to leave the murky over-the-counter market by going private, reorganizing and trying for a Nasdaq listing that would bring more market surveillance.

Holding physical shares can be costly. Investors often have to pay a brokerage as much as $25 to receive a paper certificate. The Securities Industry Association, Wall Street's main lobbying group, has tried to get rid of paper certificates for years, estimating it costs the industry more than $250 million.

Most companies involved in the current campaign have risky, thinly traded penny stocks not listed on the NYSE or Nasdaq. These companies often don't meet corporate-governance standards or financial requirements to trade on the big exchanges.

Some of these companies have tried to grab control of their shares by offering stock or cash dividends that require a shareholder to redeem their securities to get a new class of stock or cash dividend.

Riverbank Investment Corp., a small Wilmington, Del., broker, announced a cash dividend last month hoping to "trigger a short-squeeze forcing naked shorting to be covered," it said in a news release. Primeholdings.com Inc., a Salt Lake City holding company for Internet businesses, said last fall it planned to issue a stock dividend for the same reason.

Philip Verges, chief executive of communications company NewMarket Technology Inc. suspected two years ago that naked short sellers drove his company's stock price lower on the OTC Bulletin Board and urged investors to demand stock certificates. "Do not take no for an answer," he wrote in a letter to shareholders.

Yet only a handful of NewMarket shareholders responded, and the company abandoned the effort. "We started thinking it was not going to help," said Rick Lutz, head of investor relations for NewMarket.

The company has applied for a listing on the American Stock Exchange. It is awaiting approval.

Write to Kara Scannell at kara.scannell*wsj.com
 
Posted by J_U_ICE on :
 
Some of the paperwork Peter is having to get done to go private plus I am sure there is more to be done reguarding the direct public offering.

Going Private INFO at http://www.sec.gov/answers/gopriv.htm

A company "goes private" when it reduces the number of its shareholders to fewer than 300 and is no longer required to file reports with the SEC.

A number of transactions can result in a company going private, including:

Another company or individual makes a tender offer to buy all or most of the company’s publicly held shares;

The company merges with or sells the company’s assets to another company; or

The company can declare a reverse stock split that not only reduces the number of shares but also reduces the number of shareholders. In this type of reverse stock split, the company typically gives shareholders a single new share in exchange for a block—10, 100, or even 1,000 shares—of the old shares. If a shareholder does not have a sufficient number of old shares to exchange for new shares, the company will usually pay the shareholder cash based on the current market price of the company’s stock.
While SEC rules don't prevent companies from going private, they do require companies to provide information to shareholders about the transaction that caused the company to go private. The company may have to file a merger proxy statement or a tender offer document with the SEC. In addition, if the transaction is initiated by an affiliate (an insider) of the company, Rule 13e-3 of the Securities Exchange Act of 1934 requires the affiliate to file a Schedule 13E-3 with the SEC.

The filing of a Schedule 13E-3 is also required when affiliated transactions result in a company’s publicly held securities no longer being traded on a national securities exchange or an inter-dealer quotation system, such as Nasdaq.

The Schedule 13E-3 requires a discussion of the purposes of the transaction, any alternatives that the company considered, and whether the transaction is fair to all shareholders. The Schedule also discloses whether and why any of its directors disagreed with the transaction or abstained from voting on the transaction and whether a majority of directors who are not company employees approved the transaction.

Going private transactions require shareholders to make difficult decisions. To protect shareholders, some states have adopted corporate takeover statutes that provide shareholders with dissenter's rights. These statutes provide shareholders the opportunity to sell their shares on the terms offered, to challenge the transaction in court, or to hold on to the shares. Once the transaction is concluded, remaining shareholders may find it very difficult to sell their retained shares because of a limited trading market. (or holding worthless paper)
 
Posted by J_U_ICE on :
 
Posted by: Doubledownga
Date:8/3/2006 10:28:36 AM


Peter told me yesterday that they are doing a direct public offering, as advised by atty's. Do you know anything about the costs of that.... if there is even any difference??
 
Posted by J_U_ICE on :
 
Posted by: bliz82
Date:8/3/2006 8:20:06 PM
Post #of 5194

More good news!

The WSJ print edition carried the RXPC shorts article on the front page of their Money & Investing page on Wednesday! Nice! My paper always arrives a day late. Maybe a few people checked it out today and thus the 21% rise. Hmmmm. Either way, we're getting more visibility.
 
Posted by J_U_ICE on :
 
A "Direct Public Offering" (DPO) is a creative form of financing that is just beginning to be used by entrepreneurs nationwide.

This is a stock offering but one that differs considerably from the well known IPO (initial public offering) or venture capital or other forms of early stage financing. It combines elements of these techniques but adds a dimension that can be very powerful for you. DPOs are often used to secure clients, employees, suppliers or distributors as an added arm for your success while giving you the cash you need to grow. DPOs are registered security offerings with state security administrators. They involve simpler procedures and far less cost than a full registration with the SEC. Essentially, they allow small business equal access to the capital markets that are enjoyed by their big corporate brothers and sisters.

Conventional thinking in terms of business development, in financing, or in marketing, all pay very poor dividends today. Competition is just too tough. The use of a DPO can be the novel approach that gives you the capital you need while simultaneously marketing your product or services. A restaurant that sells stock to its customers is an example of a DPO. A smaller bank that has depositors and borrowers alike that own stock is often a DPO. When people are involved with you economically, an "affinity group," they become your loyal and helping supporters. DPOs have been used successfully for pure start-ups as well as firms that had existed and been privately financed for decades.

Over the last 15 years, Fortune 500 companies have reduced their workforce from 16 million to five million. Over the same time period, small business has added 20 million new jobs. They have done that with less than 1% of publicly traded equity capital, It is obvious that if this creative force had the money, they could propel the economy forward in spectacular fashion. The SEC has developed a hands-off approach for much of small business stock offerings, preferring that regulatory responsibility he principally with the states. As more people learn about and successfully use a DPO, this type of financing could become a favorite for emerging, high-growth American businesses.

DPOs generally fall under three regulatory classifications, Regulation D Section 504 of the Securities Act of 1933 has become the most widely known, called the "Small Corporate Offering Registration" or "SCOR." SCOR allows you to raise up to $1 million every twelve months, by registration with state securities administrations. Next, a Regulation A offering extends that size to $5 million, but also requires a registration with the Small Business Office of the SEC. Finally, intrastate offerings typically have no ceiling. Variations of these three exist as well with even more legal choices, but you'll generally find your needs filled with one of these options. Your attorney or possibly the office of your state security commission can point out advantages and disadvantages, and a free booklet is available from the SEC.
Direct Public Offering (DPO) Advantages

* By selling stock, raising equity, you have capital that you never have to pay back, such as a loan. Also, you don't have the continual need to meet interest and principal payments, or worry that a loan may be called back in,

* Typically, you'll surrender a smaller portion of equity for the same amount of capital than required by venture capitalists or even private placements. The difference lies in the stock market, where valuations are usually far higher than in non-public transactions.

* Undergoing this process gives you the experience with investment banking and shareholders long before you conduct an IPO. You'll know just what your stock can sell for and avoid much of the guesswork that goes into marketing a security.

* DPO sales involve extensive publicity campaigns unlike any other financing. This is a perfect opportunity for potential customers to find out about your company and its products. Money used in selling the stock does double-duty, it simultaneously extends your marketing.

* You can typically "test the waters" by making preliminary inquiries and advertising a potential stock sale. You can find out a lot before going through the expense and effort of a full-blown effort.

* The involvement of employees, suppliers, distributors and customers with your company all becomes more intensive and lasting when these people are economically motivated to see you succeed. Help can come in so many unexpected ways when you decide to open your vision and some of your profits to others.

* Equity capital can be magic for opening other financing doors and leveraging your company for years to come, Bank loans can be made on a secure basis when the risk has already been thrown off to investors who can sustain it. Government grants and loans, bond offerings, and even venture capital can be more attainable if you've reduced the risk of investing with you.

* By going these extra steps, both you and your company become seasoned prospects and can take a product or service more extensively into a market. By demonstrating that your stock can be sold and your company has a growing market presence, you show the management characteristics that investment money is looking for.

By successfully becoming a publicly-held company, you'll have a formula for future financing and even new companies. One successful entrepreneur using a DPO has financed more than a dozen.
Direct Public Offering (DPO) Disadvantages

With every set of advantages, an equal and opposite set of disadvantages exist as well. DPOs are a lot of hard work, getting a document through state regulators or the SEC is no easy task, and the successful sale of your stock can hardly be presumed. So far, most DPOs have been unsuccessful in achieving all their objectives, and this should be a caution to you. Don't let this fact stop you from fully considering a DPO as your best funding method, but don't write off more conventional methods as well. You may find that a DPO is only one part of a variety of financing techniques that properly fit your own growth cycle at different times.

Millions of dollars have been raised in some DPOs with the investment of just a few thousand dollars. Other entrepreneurs have put in hundreds of thousands and come up with nothing. On the surface this looks like a pure gamble, but it doesn't have to be. Enough experience exists to lay out a template for your success, given that you have a company that really warrants investment.

First, you want to have a company and a stock you're really proud of Does it pass the mother test? Would you want your own mother to buy stock in the company? Now? At this price?

Second, you're asking people who may be friends and neighbors to risk their capital with you. Are you far enough along so they aren't taking unnecessary product development risks that you really should be taking instead?

Third, everything costs money and takes time, usually more than you expected. Are you ready to commit capital and effort to an extensive and complex process that involves a lot of different skills? A DPO runs from soup to nuts, a highly involved document that requires accounting, legal, and business planning skills all the way to marketing and selling stock.

Fourth, can you identify or develop an affinity group who can naturally understand your business and place capital with you? If you haven't figured out just how to sell the issue, you probably won't get it sold.

If you can answer "yes" to all the above, then you're ready to take the first steps to a DPO. These moves should involve more than just yourself. Bring your accountant and your attorney together and lay out what you plan and get their input. They will be intimately involved with your success, and you want them on your side all the way. Next, talk it over with your employees, suppliers and distributors as well. Chances are that you'll get some very good ideas that didn't occur to you before. Contact some investment bankers and ask if they'd be interested in selling your issue. Friends in the media and elsewhere should be informed of your plans since a helpful word dropped by them can prove valuable. Call your state securities commission and ask if they have any suggestions. They may also provide you with a list of some of the companies that have made filings and you could try contacting them to learn of their experience.

The most common form of filing statement for a DPO is known as the "Form U-7" or a "Form 1-A." This consists of a 50 question form that lays out data that eventually becomes an offering statement, a prospectus. The theory had been that a businessman should be able to answer 50 questions and provide enough information for a person to make an intelligent estimate of the stock's attractiveness. Many of the questions will prove "not applicable" but others will take an enormous amount of work and thought. You should not underestimate just how much effort will really go into this. In addition, you'll have filing fees to pay, and eventually a printing bill for the prospectus. Not all the states use the U-7, but all have some variation of the form or an alternative for filing. Experience can be vastly different, from state to state.
 
Posted by J_U_ICE on :
 
Direct Public Offerings

Take your business--and your quest for funding--directly to the public by selling shares in your company.
December 01, 2005

What It Is: Direct public offerings (DPOs) are the direct sale of shares in a company to individual investors. After the shares are sold by the company, investors may or may not trade on a stock market or exchange.

Appropriate for: Direct public offerings work better with established companies, but they can also be used for startup and emerging companies. One of the most important characteristics a company should possess for a successful direct public offering is a strong affinity for its customers, the surrounding community or the industry in which it does business. In a direct public offering, these affinity groups become the company's shareholders.

Supply: Vast. For years, individual investors have heard about the millions, and in some cases billions, of dollars being made by venture capitalists through investments in companies in their formative stages of development. These same investors would like the chance to play venture capitalist, and your DPO may give them that opportunity. (I like this!)

Best Use: Financing the expansion of profitable operations. Direct public offerings can be used to finance research and development, but public investors often become impatient during long periods of product development. When they are unhappy, they can cause problems for the company later as it tries to raise money to finance the marketing and rollout of the product or service.

Cost: Expensive. A direct public offering is less expensive than an initial public offering (IPO) with an investment banker, but only moderately so. The absence of an underwriter's commissions is sometimes more than offset by the marketing expenses a company must bear in a direct public offering. In addition, like a conventional initial public offering, the company must surrender a significant hunk of ownership to its direct public offering investors. (So no underwriters is I understand this correctly)

Ease of Acquisition: Difficult. Any transaction that involves securities is challenging. The absence of an underwriter can make the process at once easier and harder. Easier because the company can call the shots without recrimination. Harder because an underwriter has experience with IPOs, and a company typically does not.

Range of Funds Typically Available: $500,000 and greater.

First Steps
A direct public offering is not for the faint of heart. It takes time, money and persistence. Entrepreneur Michael Flynn at Flynn Labs talked to more than 700 potential investors in the course of finishing his DPO. In addition, he spent more than $100,000 in the process. Entrepreneurs must evaluate whether they have the chutzpah to see a DPO through. If you think you do:

Ensure that you have a way to corral your affinity groups. Direct public offerings don't work well without a large group of investors that has some sort of connection with the company, its product or its service. A publishing company, for instance, not only has a large base of customers but also has a lot of information about them and can easily contact them by mail or e-mail, through its own media, or via the telephone. On the other hand, in a somewhat frustrating arrangement, successful restaurants have a steady stream of customers but almost no information on them.

For companies facing this dilemma, salvation depends on whether or there is a way to access rudimentary information about mbers of the affinity group, and, once accessed, whether the affinity is strong enough to make a deal. For instance, a restaurateur can easily purchase the names of people who have dined at fine restaurants. So what? Just because someone has dined at a restaurant doesn't mean he or she has is an affinity for a specific restaurant.

However, there are lots of ways a company can find information about people who would be naturally interested in them. Flynn, for instance, was able to buy the names of people who had purchased homeopathic medicines from list brokers. Other possible scenarios:

1. A pet-care company might fruitfully prospect among the members of PETA, or People for the Ethical Treatment of Animals.
2. An environmental-services company might pitch the members of the Sierra Club.
3. A company making sailboats could send direct mail to the readers of Sail magazine.

# Hire an accountant. If you don't have one, get one. If you do have one, start negotiating for some extra work. To raise money, you need a set of financial statements, period. Internally generated financial statements are helpful, but to bring in outside investors, you must have financial statements prepared by an outsider as well.

Even though many companies have long-standing relationships with accountants, the production of a full set of financial statements, with notes, is often the kind of thing that falls through the cracks. This can be debilitating when you're talking to outside investors.

The beauty of most direct public offerings is that they do not require audited financial statements. If your plan is to start in the lower depths of the market and eventually "graduate" to the Nasdaq stock market or the American or New York Stock Exchange, you will eventually need them anyway.

Finally, owners of startup businesses often think they don't need financial statements. Here's why, in most cases they do. First, if there has been some kind of lump-sum investment either from the founder or some other investor--a strong selling point for meeting with new investors--the financial statements will irrefutably document its existence.

Second, if the founder is forgoing salary he hopes to recapture when the company gets on its feet, the financial statements are the perfect place to document the company's growing liability to its founder. To raise such an issue three or five years down the road and out of the blue might strain relations between a company and its shareholders. Putting items such as forgone salary or loans to the company on the table at the outset can save trouble down the road. And there's no better way to put them on the table than by putting them in a set of financial statements.

By now the message should be clear: Without financial statements, you won't get far along the path to raising money.

Hire an attorney. Securities laws are perhaps the most complicated laws in the land. There are three reasons for this: They are antiquated, they exist at the state and federal level, and they are carried out by perhaps the most tenacious of all bureaucrats.

Even if you decide to take advantage of the many exemptions from state and federal securities laws, you still need an attorney to make sure you are in compliance with these exemptions. And, of course, if you structure your offering so that state and federal securities laws come into play, hiring an attorney is also standard operating procedure.

According to Flynn Labs' owner, "It's important that you seek an attorney with not just experience in securities matters, but with some facility in the direct public offering arena as well."

As for the attorneys, according to Joel Marks, a veteran investment banker, the person you hire should have a minimum experience of five deals. If these offerings are more than five years old, then it makes sense to find another attorney or, if you can afford it, bring in co-counsel, he adds.

In addition to experience, Marks says, look at the firm's Martindale Hubbell ratings. Martindale Hubbell, a publishing firm, produces the most prominent directory of law firms in the United States. Rankings, according to Marks, have a Legal Ability component (A for preeminent, B for very high and C for fair to high) and a General Recommendation component (V for very high, or unrated).
 
Posted by portman on :
 
Very good news and information. Thank you J_U_ICE!
 
Posted by BooDog on :
 
FILING FILING FILING show me the FILING!! IMO to move without real info is nuts. IMO to put money into a PK without verifiable facts is reckless. No rules remember? Sounds good to have this business and the target areas to where the poor or disaster type areas are. Okay, so I'm def. on the sidelines....going back to my corner.


Good work on the info Juice!
 
Posted by Jimmy Mac on :
 
Good exposure Juice,
Still hanging in with this one..
Will rise (imo) like a phoenix, one day.
Thanks for your efforts!

JM
 
Posted by cold_up_here on :
 
Hello board. Been out of pennies for awhile, got tired of being duped by these clowns. Pinksheets share structure for RXPC states-

Outstanding Shares: 67,863,532 as of 2006-06-08
Authorized Shares: 500,000,000 as of 2006-04-01
Float: 12,500,000 as of 2006-04-01

Does someone here have the actual #'s? I'm sure it's in the billions. No way that float number is accurate! 300/400 million float? Thanks in advance.
 
Posted by J_U_ICE on :
 
up 79%
 
Posted by SherriT on :
 
Does anyone have an idea why this thing suddenly flew up that much???
 
Posted by J_U_ICE on :
 
I have no idea but I think I'm going to take a nap more often during the day if this is what happens. up 114%
 
Posted by Hustla on :
 
quote:
Originally posted by SherriT:
Does anyone have an idea why this thing suddenly flew up that much???

Thats the eternal question most of us just don't know. Maybe Superman07 will jump in here and say it was a Shakerzz play. But I guess volume doesn't support that theory
 
Posted by SherriT on :
 
Very good idea, J_U_ICE...I'll send you a good pillow so you rest well :-D

No, my first inclination was news I hadn't seen yet, or someone heard an inside tip. It hasn't seen .06 in a very long time....I think the last was shortly after the 30th when they announced they were privatizing...
 
Posted by J_U_ICE on :
 
quote:
Originally posted by SherriT:
Very good idea, J_U_ICE...I'll send you a good pillow so you rest well :-D

No, my first inclination was news I hadn't seen yet, or someone heard an inside tip. It hasn't seen .06 in a very long time....I think the last was shortly after the 30th when they announced they were privatizing...

I'm searching Sherri but this has happened before where it ran fast one day out of the blue
 
Posted by SherriT on :
 
quote:
Originally posted by J_U_ICE:
quote:
Originally posted by SherriT:
Very good idea, J_U_ICE...I'll send you a good pillow so you rest well :-D

No, my first inclination was news I hadn't seen yet, or someone heard an inside tip. It hasn't seen .06 in a very long time....I think the last was shortly after the 30th when they announced they were privatizing...

I'm searching Sherri but this has happened before where it ran fast one day out of the blue
The only time it has been at .06 or higher since the 6/30 PR was the HOD on 7/5 though....have seen the quick runs, but that is awfully high to be coincidence (then again, I am still new at this [Wink] )
 
Posted by J_U_ICE on :
 
True it does appear somebody knows something. I can only hope that news is on the way maybe even afterhours today
 
Posted by JerZeyDeViL on :
 
Volume is WAY too low for this to be anything major. I wouldn't get too excited.
 
Posted by wallymac on :
 
Something very wierd was going on. I have a friend who had a sell in at .045. .05 and .055 none of them took. Even while sales were going through at .06. It almost looked like MM's were selling their inventory but not buying anything. Very very wierd action.

GLTA
Wally
 
Posted by Jimmy Mac on :
 
September is fast approaching.......
News soon ???
Nice move!

JM
 
Posted by JF Glass Works on :
 
Ok, so I saw right before the close, a ask of .0145 and a BID OF $1.00!!! HAH HAH HAH I would love to see that before they stop trading. talk about a nice return after buying * .0115
 
Posted by J_U_ICE on :
 
A post from CEO on IHUB

by: firesupport
In reply to: None Date:8/18/2006 1:43:25 PM
Post #of 5336

CEO message ....

Lets roll with RXPC.


Peter Fiorillo
CEO
Rx Processing Corp

any questions please call corporate...

Alive and kicking ass
 
Posted by SherriT on :
 
quote:
Originally posted by J_U_ICE:
A post from CEO on IHUB

by: firesupport
In reply to: None Date:8/18/2006 1:43:25 PM
Post #of 5336

CEO message ....

Lets roll with RXPC.


Peter Fiorillo
CEO
Rx Processing Corp

any questions please call corporate...

Alive and kicking ass

Since it is from "Fakes-R-Us", do we believe it to be authentic? Does seem that his appearance and the recent rise in PPS could be related...

I'm holding either way - September is drawing near.
 
Posted by J_U_ICE on :
 
Posted by: firesupport
In reply to: J U ICE who wrote msg# 5336 Date:8/18/2006 1:53:11 PM
Post #of 5339

Juice

Nothing is holding us back.

Peter Fiorillo

CEO
Rx Processing Corp
 
Posted by portman on :
 
Anyone call Peter?
 
Posted by MoneyMoneyMoney on :
 
Thats my 4500 buy and it dropped the pps from .053 to .05. hmmmmm.....
 
Posted by SherriT on :
 
quote:
Originally posted by J_U_ICE:
Posted by: firesupport
In reply to: J U ICE who wrote msg# 5336 Date:8/18/2006 1:53:11 PM
Post #of 5339

Juice

Nothing is holding us back.

Peter Fiorillo

CEO
Rx Processing Corp

I would have to say that is pretty damn authentic [Big Grin]
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
In reply to: None Date:8/18/2006 2:42:24 PM
Post #of 5343

I just got off the phone with Peter. He said an update will be out soon could be a couple of days to 2 weeks. He is waiting on some info and then it will be released. We will be staying a public company. He has a team of lawyers advising that RXPC is more than a capable vehicle to get us where we desire. He said the update will clarify everything including the DPO.

He was as pumped as I've ever heard him. Although we hit a few bumps along the way, I feel we will get back to some nice steady growth here. Best of luck to all here and especially Peter.
 
Posted by J_U_ICE on :
 
Posted by: firesupport
In reply to: None Date:8/18/2006 3:22:59 PM
Post #of 5349

CEO Message...

At .05 your company in the future may have to buy the float back. No gaurantees but
with our potential who knows?

Peter Fiorillo
Ceo

Rx Processing Corp
 
Posted by J_U_ICE on :
 
Posted by: firesupport
Date:8/18/2006 3:36:06 PM
Post #of 5357

Ceo Basis for remark.

The fact I'am moving forward against all odds. Remebering my initial motivation "if making Health Care Affordable Costs me my life I am willing to give it peacefully".

This is my mission an ultimately it is an advocacy. Not a corporate positioning agenda. I will leave that to big pharma and government

Peter Fiorillo
Ceo
Rx Processing Corp
 
Posted by cold_up_here on :
 
No response.....figures! Must be billions in the float. Got my order in * 1/2 cent(.005) It will fill! Later.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by cold_up_here:
No response.....figures! Must be billions in the float. Got my order in * 1/2 cent(.005) It will fill! Later.

ELABORATE would love to hear your comments in detail.
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
Date:8/22/2006 5:40:35 PM
Post #of 5403

I just talked to Peter. He's wanting to set up a shareholder meeting and asked me if mid Sept would work for everyone. I told him it would work for me so if we have interested parties, post your opinion here. I'll be talking to him next week to see if we can get a date set that works best for the majority of us.

As for the doubters and complainers of our CEO, I just want to say that I have no doubts of his honesty and integrity. His spelling may leave a little to be desired, lol, but I told him I have a good friend that is an Executive VP of a Fortune 500 company that had terrible spelling and grammar but it didn't stop him either. We are in a holding pattern here and I doubt we see any major spikes soon, but I believe this is a good investment with very good long term potential. I like the fact that this isn't a flippers stock as I think this has the potential for much more than just little "pops". Best of luck to all.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by cold_up_here:
No response.....figures! Must be billions in the float. Got my order in * 1/2 cent(.005) It will fill! Later.

Here's your answer

For those who care the SS is unchanged as of yesterday.

O/S still 69,883,577

And from previous calls I believe the Restriced is 48,139,075
and thus the float is 21,744,502 (and that float number would include any certificated shares).
 
Posted by cold_up_here on :
 
Juice,

Thank you. That's a very low SS for a pinksheet company, i would have to admit.
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces Retirement of 8 Million Additional Shares of Common Stock
9/6/2006

WILMINGTON, Del., Sep 06, 2006 (BUSINESS WIRE) --
Rx Processing Corporation (OTC:RXPC) in March 06 initiated a corporate movement to retire the majority of issued and outstanding common stock from the highpoint of 187 million. In an ongoing effort to secure the company we announce the additional retirement of 8 million shares.

Rx Processing Corp. received a commitment yesterday to retire an additional 8 million shares to further the reduction in the issued and outstanding shares to approximately 61.8 million by September 13th, 2006.

Peter Fiorillo stated: "The additional retirement of stock is always good news for existing shareholders. At this time I publicly recognize the agenda to go private, tighten the float through a spin off, and then DPO to the NASDAQ arena has retired. I will continue the pursuit of up listing Rx Processing Corp. to the NASDAQ by dissolving non-essential subsidiaries to overcome the challenges of reporting past and present financials."

Corporate Position

The professional accounting and book keeping support from Intercontrollers Inc. has helped Rx Processing Corp.'s forward momentum to overcome the past and expand our public outreach with pending auditable financial statements due 2006 while we continue the building of our corporate foundation to provide the under and uninsured safety, efficacy enhanced by affordable prescription medications and laboratory testing.

About Rx Processing Corp.

Rx Processing Corp. is innovating online ordering technology for the distribution of pharmaceutical medications and Laboratory testing supported by storefront locations with a direct to consumer delivery business model to support underinsured and uninsured U.S. citizen's health care needs. Our ordering technology is designed to services members, corporations, and employers through ease of ordering, of laboratory testing and prescription medication through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications and thousands of lab tests with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 47 million United States citizens would benefit from the company's affordable members programs that encompass prescription medications and laboratory testing.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Correction Notice: Press Release Dated June 30th, 2006

First Correction: "...actively being incorporated that will IPO with our established business model...", replace with "...actively being incorporated that will DPO with our established business model...".

Second Correction: "...current capitol structure, an IPO for 1 million shares at $48 per share price will be initiated in September of 2006...", replace with "...current capitol structure, and a DPO at $48 per share will be initiated in September of 2006...".

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055 http://www.rxprocessingcorp.com

Copyright Business Wire 2006
 
Posted by J_U_ICE on :
 
Posted by: Doubledownga
Date:9/17/2006 11:50:10 AM
Post #of 5597

To the board..... As a lot of you may know I hold a rather large position in this company and have been very disappointed in the recent events with the company. SOOO.... I took Peter up on his offer to come down to St Pete and visit.

I met with Peter at his home in St Pete on Friday September 15. He lives in a very nice unpretentious older section of St Pete. I found an open, gregarious, and very articulate, 30 year old guy. I immediately felt very welcome and we had a very enjoyable 2-hour conversation over lunch. (Half a tuna sandwich, soup and iced tea for those that are interested.... [Smile]

Let me say I have always believed in Peter's mission of providing affordable prescriptions to un-insured and under insured people. That is why I have invested in this company. My main reason to drive 10 hours down I-75 to meet with him was to mainly see for myself the man behind the company, to see he is not a "scam artist" or some flake with a mission and no clue what to do. I found a man that is passionate and sincerely believes in his mission, one that is working as hard as he can to make this company work. I asked how RXPC came about? The answer was simple he had worked for years in the technology field and found himself without a job, no healthcare and a family with small children. He felt that there had to be a way to help himself and others that were in the same position. The illness of his child only strengthened his resolve . This statement stood out to me and I think it sums up Peter to a T “ I don’t know if one man can change the world but I am going to try “

I also found that he was a person that believed that others shared his vision. Unfortunately, as he told me, he has found that others may say they believe, but in reality they were only out for their own benefit. Hence the problems he had with Spring Hill. Many know the events of Spring Hill, if not, it has been PR'ed in the past. Due to these events Peter felt in he could not sign financials knowing they may be incorrect due to the double bookkeeping by Spring Hill. Also, by signing could put the company in a position of liability, which Peter did not want to do. The five Million shares have not been returned by Donnelly at this time. I did find that in order to be sold they must be sign off by Peter, which he won't do. If Donnelly tries to force Peter to sign them off there is Donnelly’s agreement to give them back to RXPC. So it is a moot point at this time and Peter has put trying to get the shares back as something to do at a later time. However, for all intents, those five million shares are not available to anyone at this time.

Peter also acknowledged he got bad advice on the privatization and DPO idea and that it set the company back. In short Peter acknowledged he has learned some very hard lessons that come with growing a business.

I can say we will be seeing, what I feel, some great news in the near future. I will not say any more on the subject as it should be for Peter to determine when the time is right.

We will however, be seeing NOBO lists again in the near future. I suggested Peter start a secure **** on the company website to discuss what he is doing. He said he would think it over.

We talked about the damage to shareholder confidence after the conference call. He acknowledged that it wasn't one of his more shining moments. He also stated that he has learned some hard lessons.

I saw the pictures of the new storefront in Kansas City. It will also serve as the facility for, as I put it "the Geeks". (complete with a coffee shop across the street). I was given
the option of going out there to see the store front, but declined, so I am pretty sure it exists.

Global is still a large shareholder and is working on the new media blitz.
Bell is still a shareholder and the lab acquisition shall be revisited at a later time.

More to come

DoubleDown.....
 
Posted by driver4t3 on :
 
thanks juice, was holding for some good news, I love this plan and see the benefits, thanks again.
glta
 
Posted by invester on :
 
So are they going private, or are they going to uplist?
 
Posted by invester on :
 
I just got off the phone, and received confirmation that they are staying public, and going to up list. He said they got bad information, and was tired of the MM manipulation. They are also in the middle of building the store front as we speak. I think this is a buy again.
 
Posted by invester on :
 
I loved this stock until the talk of delisting. This is truly a great opportunity. They also just canceled another 8 million shares. The float is around 50m. I think there is real value here, in an industry that’s exploding.
 
Posted by driver4t3 on :
 
market on this if the company is fierce, can be cornered. imo, decent deal imo.
 
Posted by invester on :
 
This one goes higher.
 
Posted by driver4t3 on :
 
we also need some new info, new PR's, telling us about company goals, hope we get some.
buying more imo.
 
Posted by invester on :
 
Very true. This is a definite buy. Not only are they not diluting, they are canceling shares to make better value for the shareholders. Around 50m outstanding. I can’t wait to see how the store front explodes.
 
Posted by J_U_ICE on :
 
Posted by: Doubledownga
Date:9/17/2006 12:43:56 PM
Post #of 5604

The rest of the story.

I don't profess to know much about healthcare industry, I am more at home in the O&G sector, So some of what Peter told me was somewhat with out reference and I am unsure of the importance. But we did take hypothetical tour of how the business plan will work.... BEAR IN MIND THIS IS MY PERCEPTION OF HOW IT WILL WORK.....

I told Peter of a small privately owned drugstore in our town. I have talked with the owner and he told me that Medicare part D is killing him, as he has to float the price of the inventory for months before receiving payment. To point out how this can be bad is, I had a scrip filled for a non-maintaince type drug and could only get half because he did not have that many in inventory. Plus this can serve to destroy the small business. I go there because of the service and personal attention I can get from the pharmacist. My Pharmacist has in the past caught a potential problem with drug interaction for my mother. I don't feel you get this in-depth service from the larger chain drug stores, mainly due to the fact they are so overworked and understaffed. Anyway, the question was how can RXPC help this guy to stay in business and allow me to save money. Peter told me that the store could apply to be an affiliate and enjoy the benefit of lower pricing for the non-maintaince drugs and for customers with maintaince drugs they could have their drugs ordered through the internet and delivered to the store or to their home. Acute care drugs would be available at the drug store. If a person were looking on the Internet for maintaince type drugs then they would be referred to the nearest store front (to keep them under the RXPC umbrella) or their meds would be mailed to them. The store that signed up with RXPC would have a better profit margin and be better able to meet the costs of staying in business. One of the things Peter found out under the Old business model was venders once they had customer info could cut RXPC out of the picture and market to the customer. The new arrangement that is forthcoming will prevent that from happening. From what I understand good things are now being put into place with all that happened before as a test run that exposed a lot of the potential problems now rather then later.

Peter said to expect in the next month or so a PR explaining what will be happening, and that we should be pleased with what is going on. My question was when will we share price go up as it is a joke right now, He stated that his priority is to compress the share structure to a point that the MM’s cannot manipulate the price and make it very hazardous for shorts. This WILL be done by retiring shares and not by reverse splits!!! He still believes that certing shares is the only way to entirely know that your shares are not being borrowed. I told him that if your shares are in an IRA they could not be used. He said he still felt that they could be borrowed but maybe that was true. I got the feeling he has a major distrust for brokerage companies ….I tend to agree with him on that point.

He said as soon as he can they will be filing a form 211, he is still adamant about getting off the pinks as soon as possible. We talked about the OTCQX as a step stone to legitimacy. It may be an option.

This is all my opinion and recollection of the meeting. I was given no proprietary information. I will not be buying on Monday as I am fully out of cash and I have a sh*t load of shares anyway. I will not be selling. I have moved my GTC sell orders to 10$ to prevent the shorting of shares. If this works, I don’t know, but if it helps then great. I will not cert a penny stock, as too much potential exists for change… as we have seen in the past couple of months. I told Peter my reasons for not certing shares, and he now understands the reason people will not do it. I hope this will give you all, (that have not met or talked with Peter), some insight. I am happy to share information with you all but remember I spent several hundred dollars in travel expense to come down here and see for myself what is going on. I will answer any questions I can but will not put up with any attacks. If I think of any more stuff I will post it but I this is pretty much it. I did not take notes as I wanted to see be able to see if this was a bunch of crap or not. I feel we may do well, but there is a long way to go for RXPC to achieve stability and lot of things can happen. Prescription drugs are, I had not realized how much, a very cut-throat business and Peter is stepping on a lot of powerful toes. But in my opinion, be it feast or famine, Peter will be for with us. I can live with that . FWIW

Doubledown
 
Posted by invester on :
 
I was conveyed some of the same points. Glad to see the affermation.


Peter said to expect in the next month or so a PR explaining what will be happening, and that we should be pleased with what is going on. My question was when will we share price go up as it is a joke right now, He stated that his priority is to compress the share structure to a point that the MM’s cannot manipulate the price and make it very hazardous for shorts. This WILL be done by retiring shares and not by reverse splits!!! He still believes that certing shares is the only way to entirely know that your shares are not being borrowed. I told him that if your shares are in an IRA they could not be used. He said he still felt that they could be borrowed but maybe that was true. I got the feeling he has a major distrust for brokerage companies ….I tend to agree with him on that point.
 
Posted by J_U_ICE on :
 
Posted by: bliz82
Date:9/19/2006 5:17:47 PM
Post #of 5618

And I just got off the phone with our T/A and Peter did retire those 8 million shares.

Our new O/S count is: 61,883,577
 
Posted by invester on :
 
It's hard enough to find a company that won’t dilute, but this company is actually retiring shares. I bought 200k of RXPC. This is one of those runners that take off to $1 or more unexpectedly off of news. The O/S is to light. This one looks really good. Thanks for the extra DD JUICE.
 
Posted by J_U_ICE on :
 
Press Release Source: Rx Processing Corporation


Rx Processing Corp. Announces Shareholders Meeting November 7th, 2006
Wednesday September 20, 9:05 pm ET


WILMINGTON, Del.--(BUSINESS WIRE)--Sept. 20, 2006--Rx Processing Corporation (OTC:RXPC - News) announces shareholders meeting to launch our phase II storefront and ordering technology, November 7th, 2006.
ADVERTISEMENT


Rx Processing Corp, shareholder meeting to be held at 745 New Hampshire St. Suite 8B, Lawrence, Kansas, November 7th, 2006. Shareholders attending are asked to call corporate at 800-576-7055 to confirm their presence. All shareholders will be mailed meeting schedule information, convenient lodging locations and airport directions. Attendees will be able to review our corporate financial pro-forma and structured business plan while we conduct shareholder business for the corporation.

"Whereas affordable health care was once thought of as an impossible mission a few years ago, I see long term success in sustainable processing a reality today," says Peter Fiorillo, CEO, Rx Processing Corp. "As an advocate and innovator, we recognize that a Wall Street Journal article on August 2nd, 2006 has generated and increased corporate awareness of Rx Processing Corp. by communicating its focus on corporate advocacy. This awareness has contributed to the knowledge, trust, and basis of confidence building amongst clients, shareholders, and the marketplace."

O/S: 55,883,577

Float: 21,744,502

About Rx Processing Corp.

Rx Processing Corp. is innovating storefront and online ordering technology for the distribution of pharmaceutical medications and Laboratory diagnostics managed at storefront locations in a direct to consumer delivery business model for underinsured and uninsured U.S. citizen's health care needs. Our technology platform services needy U.S. Citizens with a new RxPC Advocates program, Independent pharmacy Support service, and corporation friendly ordering system of laboratory testing and prescription medication through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications and thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 47 million United States citizens would benefit from the company's programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.


Contact:
Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com

http://biz.yahoo.com/bw/060920/20060920005941.html?.v=1
 
Posted by invester on :
 
Great news JUICE. I really like this one.
 
Posted by Jimmy Mac on :
 
I like it as well!
Sooooooooo if this company executes its business plan (even moderately well) before years end ....I believe share price explodes..
Great niche play.....and will attract attention.
LOW...o/s and float. Whats not to like at this point and price.. (other than Peter's cc)lol
He has the right idea and the passion and thats a play for me!!!

JM
 
Posted by invester on :
 
You got it.
 
Posted by J_U_ICE on :
 
Posted by: bliz82
Date:10/3/2006 4:11:11 PM
Post #of 5680

No change to the O/S as of COB yesterday.

O/S still 55,883,577 same as last PR.

and per last PR (which I'm confirmed in the past) the
float is 21,744,502
and thus restricted still 34,139,075 as least through 9/20th and with our anemic volume, I doubt anything has changed. Nice and tight SS if we can get some progress over the coming months.
 
Posted by invester on :
 
I WOULD BE ACCUMULATING BEFORE THE SHAREHOLDER MEETING.
 
Posted by J_U_ICE on :
 
Nice to see some volume today. This company's time will come.
 
Posted by J_U_ICE on :
 
Rx Processing Corporation
3422 Old Capitol Trail
Suite 700
Wilmington, DE 19808
1-800-576-7055

Profile:

Rx Processing Corporation, a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans who are under-insured or have no prescription insurance coverage, is positioned to become a leader in providing prescription medications and preventive health laboratory tests to U.S. citizens, corporations, and members, through CLIA-certified patient service centers, for their lab testing and licensed pharmacies in the United States and around the world. The company provides access to approved brand-name and generic medications, and hundreds of lab tests with access to 4,000+ CLIA-certified patient service centers for their lab testing. Rx Processing Corp. estimates that more than 44 million United States Citizens could benefit from the company's affordable prescription medication and laboratory testing programs.

Web Site:

http://www.rxprocessingcorp.com/

TA
Computershare Trust Company Inc
www.computershare.com
350 Indiana St
Golden, CO
(303) 262-0600

Shareholder Information:

374 Shareholders
Authorized Shares .. 500,000,000 as of 4/01/06 (source - pinksheets.com)
Outstanding Shares .. 55,883,577 as of 9/20/06 (source -pinksheets.com)
Restricted Shares .... 34,139,075
Float .. 21,744,502

Latest News:

09/20/06 Rx Processing Corp. Announces Shareholders Meeting November 7th, 2006 http://biz.yahoo.com/bw/060920/20060920005941.html?.v=1
09/06/06 Rx Processing Corp. Announces Retirement of 8 Million Additional Shares of Common Stock http://biz.yahoo.com/bw/060906/20060906005816.html?.v=1
07/14/06 Rx Processing Corp. Announces National Teleconference July 20, 2006 http://biz.yahoo.com/bw/060714/20060714005362.html?.v=1
07/11/06 Rx Processing Corp. Analysis of Developing Shareholder Corporate Capitol Market http://biz.yahoo.com/bw/060711/20060711005632.html?.v=1
06/30/06 Rx Processing Corp. Positions Shareholders for NASDAQ http://biz.yahoo.com/bw/060630/20060630005228.html?.v=1
06/26/06 Rx Processing Corp. Securing Your Health Care Future. http://biz.yahoo.com/bw/060626/20060626005532.html?.v=1
06/09/06 Company Profile for Rx Processing Corp. http://biz.yahoo.com/bw/060609/20060609005006.html?.v=1
06/06/06 Rx Processing Corp. Revises Stock Dividend. http://biz.yahoo.com/bw/060606/20060606005575.html?.v=1
05/19/06 Rx Processing Corp. Declares Stock Dividend. http://biz.yahoo.com/iw/060519/0130334.html
05/12/06 Rx Processing Corp. Expanding Website Architecture http://biz.yahoo.com/iw/060512/0128940.html
05/11/06 Rx Processing Corp. Engages Accounting / Bookkeeping Firm, Intercontrollers, Inc. http://biz.yahoo.com/iw/060511/0128592.html
05/10/06 Rx Processing Corp. Announces Agreement Resolving Past Litigation. http://biz.yahoo.com/iw/060510/0128319.html
04/04/06 Rx Processing Corp. Comments on Quest Diagnostics 'Quest Test' March 31st 2006 http://biz.yahoo.com/iw/060404/0121107.html
03/24/06 Rx Processing Corp. Retiring the Majority of Issued and Outstanding Common Stock. http://biz.yahoo.com/iw/060324/0114506.html
02/22/06 Rx Processing Corp. on Track to Complete Direct Labs Services Inc. Acquisition.http://biz.yahoo.com/iw/060222/0110769.html
02/01/06 Rx Processing Corp. Streamlines Corporate Business Plan With a Focused Mission. http://biz.yahoo.com/iw/060201/0108374.html
01/31/06 Rx Processing Corp. Announces Incorporation in Delaware Complete. http://biz.yahoo.com/iw/060131/0108024.html
12/30/05 Rx Processing Corp. Releases NOBO and OBO List to "RXPC" Shareholders. http://biz.yahoo.com/iw/051230/0105023.html
12/16/05 Rx Processing Corp. Clarifies Relocating and Incorporating in Delaware. http://biz.yahoo.com/iw/051216/0104320.html
12/05/05 Rx Processing Corp. Announces Online Store Opened and Operational. http://biz.yahoo.com/iw/051205/0103032.html
11/16/05 Rx Processing Corp. Announces Online Store Opening December 1st 2005. http://biz.yahoo.com/iw/051116/0101623.html
 
Posted by invester on :
 
I agree JUICE. This will go.
 
Posted by Schwabie on :
 
quote:
Originally posted by invester:
I WOULD BE ACCUMULATING BEFORE THE SHAREHOLDER MEETING.

WHY ARE YOU YELLING AT ME ?

[Eek!]
 
Posted by invester on :
 
quote:
Originally posted by Schwabie:
quote:
Originally posted by invester:
I WOULD BE ACCUMULATING BEFORE THE SHAREHOLDER MEETING.

WHY ARE YOU YELLING AT ME ?

[Eek!]

You got scolded!!!
 
Posted by Schwabie on :
 
MAN INVESTER,

WE HAD AN AWSOME ALL GREEN WEEK !

[Big Grin]
 
Posted by invester on :
 
Indeed we did Schwabie. [Smile]
 
Posted by Jimmy Mac on :
 
Don't be late.................

JM
 
Posted by J_U_ICE on :
 
Posted by: firesupport
In reply to: J U ICE who wrote msg# 5705 Date:10/19/2006 2:36:34 PM
Post #of 5719

CEO Message..

I am holding strong, I like Rx Processing Corp. I look forward to more people learning about our company our past and future.

Peter Fiorillo
CEO
Rx Processing Corp



Posted by: firesupport
In reply to: None Date:10/19/2006 12:25:52 PM
Post #of 5719

CEO message...

RXPC is working hard for shareholders. Many positive opperational developments to be announced in the near future.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by BooDog on :
 
I hate trying to remember a stock from 2 months ago. I heard a canadian commercial offering discount prescription meds in the US on the radio but I can not be sure if this was it. looks like a different 800 # (you know how they repeat the # like 10 times during the commercial you’d think I would be able to remember it.
Still no filing eh? I'm putting this back on my radar (what can I say - another PK).
 
Posted by Jimmy Mac on :
 
Shareholders meeting 11/7 .....NEWS

jm
 
Posted by J_U_ICE on :
 
Posted by: firesupport
Date:10/27/2006 12:26:54 AM


Shareholder meeting information posted

If you visit www.rxprocessingcorp.com you will see the shareholder meeting information.

The direct link is http://www.rxprocessingcorp.com/rxpcsharenoticev1.doc

I apologize for the delay, waited for a current nobo list which took longer than expected to receive.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by Hitman on :
 
Lots of free drugs being offered now.... MEYERS is one company... there are more..... Lots of OnLine drug companies..... Not sure about this one.... ? GIANT Grocery Chain offering some free drugs also
 
Posted by Magnet on :
 
Hello all members...

Just arrived!

I like this forum where real investor follow the business events so closely.
I do have basic knowledge of investing but would be great to listen to your valuable advises. When to invest..what to invest in...when to exit etc.
Any right direction is appreciated.
Thank you all!
 
Posted by J_U_ICE on :
 
Shareholder meeting today. We should be getting an update soon
 
Posted by J_U_ICE on :
 
CEO Message...

Shareholders meeting was successful, expect a Press Release. We will be posting the Business Plan / Financial Plan on the corporate website http://www.rxprocessingcorp.com in the morning.


Peter
CEO
Rx Processing Corp
 
Posted by Jimmy Mac on :
 
Patient up to this polnt .......BUT...
We'll see tommorrow. I don't have a good feeling
and it may be time to part company. ?????

JM
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
In reply to: None Date:11/8/2006 12:52:45 AM
Post #of 5770

Just got in and later than expected due to weather delays:( Peter already posted about the financial plan which will be listed on the site. Basically the meeting consisted of going ver the financial plan and a vote to reduce the AS from 500 million to 100 million and it passed unanimously, lol.

I had talked to Peter many times via phone and had posted that I felt he was an honest man with alot of integrity. I have now met him in person and feel that my assumptions were correct. He was a most gracious host and very giving of his time. Everyone will need to look over the financials and make their own decisions. I feel good about where I am at in this. I told Peter before I left that the business model and timing are right and it is just up to RXPC to fit the pieces together and get us running.

There are some things(website back up and functional, paperwork filed, etc.) that should be coming together very soon and we as shareholders will be able to help do things to promote this company in our own neighborhoods. We are close here to seeing fruit and I wish everyone the best of luck.
 
Posted by J_U_ICE on :
 
Business Plan / Financial Plan

http://www.rxprocessingcorp.com/BusinessPlan.pdf
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Releases 5 Year Financial Plan
Wednesday November 8, 2:00 pm ET


WILMINGTON, Del.--(BUSINESS WIRE)--Rx Processing Corporation (OTC:RXPC - News) Releases our Financial Plan; this document can be downloaded from the corporate website at www.rxprocessingcorp.com.
ADVERTISEMENT


Rx Processing Corp. shareholders meeting in Lawrence, Kansas held November 7th, 2006 was successful, for we accomplished two key votes: the reduction in our authorized common stock and the acceptance of our financial and business plan to be published to the SEC for clearance of the 15C-211 filing. Today, our public release of the business and financial plan in this increasingly complex health care environment focuses directly on supporting the approximately 20,000 struggling U.S. independent pharmacies that today are under extreme financial pressure from major retailers, insurance companies and governmental reimbursement plans including Medicare part D.

Our Business / Financial Plan: shares with all investors past and present what we are positioned to achieve financially over the next five years. It is based upon actuarial analysis of past sales numbers. Through our corporate advocacy program we seek to reduce the cost of access to affordable prescription drugs and laboratory diagnostics for corporations and individuals in the United States. In a parallel fashion we will accelerate distribution direct to consumers through regimented mail-order fulfillment combined with directing clients to independent pharmacies for delivery of acute care medications.

Shareholder meeting actions resulted in the following two approved shareholder votes.

1. The reduction of the authorized 500 million shares of Rx Processing Corp to 100 million shares.

2. Acceptance of the business plan and financial plan to be filed with the SEC.

"Our faith is strong, the financial plan accurate, and our business plan provides Rx Processing Corp. positioning with independent pharmacies as a platform to compete with major retailers," stated Peter Fiorillo. "Our business and financial plan share with current and potential shareholders an analytical tool to judge our future progress while achieving increased corporate income and shareholder capital."

O/S: 61,633,577

Float: 21,744,502

Note to the O/S: A significant portion of the increase in the O/S is due to the re-issuance of restricted stock to Peter Fiorillo after he canceled personal common stock to complete the Canada Drugs of Spring Hill acquisition for Rx Processing Corp.

About: Rx Processing Corp.

Rx Processing Corp., an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured U.S. citizen's health care needs. Our technology platform services the needs of U.S. Citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications and thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
 
Posted by J_U_ICE on :
 
CEO Message ....

To clarify the re-issuance of the stock., when completing the Spring Hill acquisition in 2004, I personally returned a great deal of common stock to balance the control and ownership of Rx Processing Corp "I felt the other party had the best interests of the company at heart, I was wrong" his intent, like many others was ‘what can the company do for me, what can I get from this'. He missed the point of the company and mission, may it be from his lack of intelligence or focus only upon ones self interest, I do not know? What is true this day is Rx Processing Corp will survive because the entropy of the mission and my hard work complimented by the timing and strong market conditions with your unwavering shareholder support .

To be clear, I personally have contributed great deals of resources to this company and mission as a founder of Rx Processing Corp. This is a public corporation there was no just "giving back shares" often in this pink sheet environment companies take dilutive action against shareholders we have changed that trend by supporting our shareholders at our personal expense often baring the burden personally of incorrect decisions made on behalf of Rx Processing Corp.

In your posting in this forum regarding the shareholders meeting I feel if you would speak more in detail as to the trip activities we enjoyed before, during, and after the meeting it may go a long way as to enlightening other shareholders to see the prospering reality of Rx Processing Corp.

Thank you For the Faith You Have Entrusted with Me.

Best of Luck to All Shareholders,

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Securing U.S. Citizens Heath Care Information with Advocate ID
via COMTEX

November 14, 2006

WILMINGTON, Del., Nov 14, 2006 (BUSINESS WIRE) --

Rx Processing Corporation (OTC:RXPC), our advocacy actions to protect U.S. citizens health care information is reaching out with an encrypted secure and alter proof advocate ID, an example of which is highlighted on our website at www.rxprocessingcorp.com.

Advocate ID's offered by Rx Processing Corp. provide a multilayered approach to client verification. Our re-architected information systems rely heavily upon a private supply chain interaction process thus enabling limited controlled access to your personal information. These security mechanisms have expanded beyond any measure currently provided in our marketplace with a focus on the deployment of proprietary technologies. This is yet another element of our systems architecture that can be rapidly deployed to service clients from any point across the United States.

"The advocacy ID is a tangible element of our strong technology based solution to further reform health care in a secure environment," stated Tim Gillesse.

O/S: 61,633,577

Float: 21,744,502

Shareholders: 445

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured client's health care needs. Our technology platform services the needs of U.S. citizen's with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055 http://www.rxprocessingcorp.com

Copyright Business Wire 2006
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Integrates Prescription Medications and Laboratory Testing, New Unified Ordering System Implemented
Nov 28, 2006 12:59:00 PM
Copyright Business Wire 2006
WILMINGTON, Del.--(BUSINESS WIRE)--

Rx Processing Corporation (OTC:RXPC) reaffirms its commitment to under and uninsured citizens in the United States by implementing the long anticipated convergence of prescription medication and laboratory testing product lines into a single unified ordering system. An ability to offer advocates both high value product lines direct to the consumer is a key step in our forward momentum and bolsters the general public's ability to safely attain affordable health care products.

These combined product offerings safe-guard the general public's healthcare via an alternate channel aligned with traditional medical community practices. Our goal: facilitate access to healthcare resources quickly and compliantly. An example order follows: clients on Statin Medications like 'Lipitor' are offered a Lipid Panel or corresponding laboratory test, wherein they can share the laboratory results with their physician and mutually address health care concerns in a more affordable manner. Industry understands Liver function tests are recommended by manufacturers every 6 months for consumers on Statin medications which often go unchecked for a variety of reasons and can be damaging to an individuals overall health care.

"Our proprietary prescription medication and laboratory diagnostic ordering system is a significant step forward in progressively delivering health care products," stated Peter Fiorillo. "The formative years are rapidly passing and our return to full operations is imminent in the near term."

View developmental website at http://dev.rxprocessingcorp.com

O/S: 61,633,577

Float: 21,744,502

Shareholders: 455
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Source: Rx Processing Corporation


----------------------------------------------
Rx Processing Corporation
Wilmington
Tim Gillesse
800-576-7055
http://www.rxprocessingcorp.com
 
Posted by J_U_ICE on :
 
RXPC Announces $1 Million Material Contract Signed with Affiliate Biz Club Ltd.

Business Wire "US Press Releases "

WILMINGTON, Del.--(BUSINESS WIRE)--

Rx Processing Corporation (OTC:RXPC) announces a material contract with Affiliate Biz Club Ltd., for an exclusive sales agreement to license our Prescription Medication network in a six state territory. This Strategic move further expands our distribution into the Midwest United States while maintaining our continuing focus on supporting independent pharmacies. This action of selling state affiliate territories in conjunction with Affiliate Biz Club Ltd. allows us to rapidly deploy aspects of our innovative health care network in a relatively short time in furtherance of our support for remaining local re-importation storefronts increased profitability.

Affiliate Biz Club Ltd. gains sole and exclusive rights to license affiliate territory companies within these states. To the benefit of both parties we defined our terms clearly, requiring a minimum licensing fee of $20,000 with affiliates receiving a 15% commission on gross sales and a required minimum yearly sales volume of $200,000 per affiliate.

"I am excited to announce this contract and recognize the benefits of additional distribution outlets to provide prescription medications for Rx Processing Corps's Advocates," stated Peter Fiorillo. "Additionally, Affiliate Biz Club Ltd. and Rx Processing Corp. are in the process of finalizing a significant laboratory services contract, with an anticipated closing date on or before the 10th of December 2006."

O/S: 61,633,577

Float: 21,744,502

Shareholders: 455

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Source: Rx Processing Corporation
 
Posted by tompom on :
 
grabbed some at .03
 
Posted by J_U_ICE on :
 
Nice unexpected news EOD. Hopefully this will start coming to life. [Big Grin]
 
Posted by J_U_ICE on :
 
A nice day here up 41%

RXPC share structure has been reduced from 500 million AS to 100 million AS by vote at this years stockholder meeting. OS has been reduced from 189 million to the current level of 61 million and the float is around 21 million. Our CEO is committed to keeping the share structure(SS) very tight now and into the future. I respect his transparency with the SS and the way he includes it on all news releases. The new NOBO list should be posted by tomorrow on the website.

RXPC's mission is clear, to help find affordable solutions for the un and under insured with their prescription and lab testing needs. There are currently around 45 million Americans that fit this description and the market is continuing to grow yearly. With the affiliate program, independent pharmacies will be able to partner with RXPC and become more stable and competitive in their enviroment. People will also be able to buy directly online.

Check the latest news releases for a more accurate picture of this company. The deal just signed with Affiliate Biz Club Ltd. could be worth .16 per share once the revs start flowing. (50 affiliates doing $200,000 is $10,000,000. RXPC should make at least 10% which would be $1 million. Conservative p/e of 10 would be $10 mil divided by OS = .16). With this tight share structure we will fly upward once more deals and revs are confirmed. Do the DD, this is a pinksheet stock, but not for long, imo. GLTA
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces Signing of $700,000 Material Contract with Affiliate Biz Club Ltd. for Laboratory Affiliate Program
Rx Processing Corporation (OTC:RXPC) announces a material contract with Affiliate Biz Club Ltd., for an exclusive sales agreement to license our Laboratory Diagnostic network within a six state territory. This expanding relationship with Affiliate Biz Club Ltd. further ensures their clients of a single point of contact for all laboratory diagnostic and prescription medication needs. Rx Processing Corp.'s licensure empowers this high growth program to deliver state by state while ensuring direct state governmental control over the safety and efficacy of our distribution chain. Placing intrinsic liability on licensing complimented by internal regulation thus furthers our leadership and points of sale position.

Affiliate Biz Club Ltd. gains sole and exclusive rights to license laboratory affiliate territory companies within these states. The defined terms require minimum license fees of $5,000, with affiliates receiving a 15% commission on gross sales and a required minimum yearly sales volume of $100,000 each.

Lonnie Curtis, President of Affiliate Biz Club Ltd., stated, "We accept the responsibility of ensuring rapid deployment for Rx Processing Corp.'s service to needy U.S. Citizens through our affiliate licensing program. It is our position and experience that will drive a successful program for Rx Processing Corp. We are empowering RXPC to focus on its core ability to innovate health care distribution while adding future products and services."

"Today, with great pleasure and admiration, I welcome Lonnie Curtis and Affiliate Biz Club Ltd. to Rx Processing Corp. and its mission to provide health care products and services to the neediest of U.S. Citizens," stated, CEO Peter Fiorillo. "The significant cash flow received from licensing and product sales through its affiliates in these six states will be complimented by continuing licensure to the remaining United States within the next few months."

For information on Affiliate Biz Club Ltd. visit: http://www.affiliatebizclub.com


--------------------------------------------------------------------------------

O/S: 61,633,577

Float: 21,744,502

Shareholders: 449

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.


Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com


Source: Business Wire (December 7, 2006 - 2:53 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by Jimmy Mac on :
 
I'm back in.
I like the ambition, resourcefulness and the determination of our fearless leader.
I think he makes a niche and a profit going forward.
I also like the miniscule float and the transparancy......... down the road $$$$$$$$$$$$$$

JM
 
Posted by J_U_ICE on :
 
Posted by: jrdig7
In reply to: J U ICE who wrote msg# 136474 Date:12/7/2006 4:56:45 PM
Post #of 136563

RXPC Summary of recent deals.

Biz Affiliates Prescription deal- $1million guaranteed licensing agreement that calls for a minimum of 50 affiliates generating a minimum of $200K per year. That comes out to $10 mil in revenues which RXPC will make 10-15% profit from. Using 10% that is $1 million in income. Conservative p/e ratio of 10 gets us to $10 million divided by the OS gives us .15-.20 PPS.

Now add in Biz Affiliates contract for the lab services. $700k guaranteed licensing agreement. 140 Affiliates that must generate a minimum of $100k business. That comes out to $14 million in which RXPC will generate 10-15% income. Just on 10% that is $1.4 million at a p/e of 10 and we have $14 million divided by the OS gives us .22 to .25 PPS.

RXPC is guaranteed $1.7 million in the next year. Then combine these 2 contracts together and we have potential of .37-.45 just from these 2 contracts. I don't know about anyone else but this is just the start of what is to come and I like what I am seeing. Explosive growth potential here. Right place, right time. GLTA
 
Posted by jrdig7 on :
 
RXPC is now listing the NOBO/OBO lists on their website again. I can't think of one other company that does this, has a friendly TA, and quotes the OS and Float on every PR.

Also, according to Peter, we will be off the pinksheets by the end of first Q of 07. Tell your friends about this one because this is one destined for dollars, imo.
 
Posted by J_U_ICE on :
 
From RXPC 5yr business Plan released November 8th

http://www.rxprocessingcorp.com/BusinessPlan.pdf

Summarized Business Strategy

Growth through Acquisition:
The foundations of Rx Processing Corp. are the relationships the company has
built since its founding in 2003. These relationships new and old have sustained
the company and have ultimately been contributing factors in our transition to
develop Rx processing Corp. as a fully reporting corporation with a focused
mission and vision to affect healthcare in the United States. The action of growth
through acquisition is a sound business practice with Rx Processing Corp (NV)
having made three acquisitions in the last 2 years. The experiences garned from
those acquisitions have cost the company a nominal amount, yet provided a
foundational basis to evaluate and make sound decisions as we continue
operations.

Planned Acquisition: Direct Laboratory Services target date May 1st 2007
Direct Laboratory Services is a $1.3 million dollar company currently achieving 2006 growth
projections of 250%. The Company has a 17 year history and a customer base of about 350,000.
The opportunities that Direct Laboratory Services president John Bell, has innovated are
unparalleled in short term market opportunity complimented by strong cash flow. The Financial
plan takes into account the current financial data and forecasts future earning 5 years out.

Planned Acquisition: Discount Drugs of Canada target date May 1st 2007
Discount Drugs of Canada is the innovator of sourcing prescription medications to Canada and
currently provides the framework for which Rx Processing Corp. services the companies
expanding client base. Discount Drugs of Canada services 20+ storefront locations and provides
the ordering technology and proprietary medication distribution lines to a variety of healthcare
providers. This acquisition has been a target since 2004 when the company successfully
acquired the leader of the parallel medication sourcing industry Canada Drugs of Spring Hill Inc.
Corporate Operating Environment and Needs
Corporate head quarter’s management team and supply needs:
The management team will reside in Lawrence, Kansas. The Lawrence office will
consist of the following personnel.
CEO / Peter Fiorillo
CPO / Tim Gillesse
 
Posted by MoneyMoneyMoney on :
 
quote:
Originally posted by jrdig7:
RXPC is now listing the NOBO/OBO lists on their website again. I can't think of one other company that does this, has a friendly TA, and quotes the OS and Float on every PR.

Also, according to Peter, we will be off the pinksheets by the end of first Q of 07. Tell your friends about this one because this is one destined for dollars, imo.

DOLLARS!!??!! YOu have a few posts and are telling folks to be looking for dollars??? Your type of tongue is one that gets folks trapped looking for unrealistic gains. Try a dime to begin with and see from there...
 
Posted by J_U_ICE on :
 
Jrdig7 has a few posts on here because he post mostly on IHUB. He is very credible. He was at the RXPC shareholder meeting and has had contact with the CEO.
What gets people trapped is not doing there DD and relying on other people to do it for them. He is just stating his opinion. What also gets people trapped is blindly jumping in to penny stocks and expecting to make themselves rich.
quote:
Originally posted by MoneyMoneyMoney:
quote:
Originally posted by jrdig7:
RXPC is now listing the NOBO/OBO lists on their website again. I can't think of one other company that does this, has a friendly TA, and quotes the OS and Float on every PR.

Also, according to Peter, we will be off the pinksheets by the end of first Q of 07. Tell your friends about this one because this is one destined for dollars, imo.

DOLLARS!!??!! YOu have a few posts and are telling folks to be looking for dollars??? Your type of tongue is one that gets folks trapped looking for unrealistic gains. Try a dime to begin with and see from there...

 
Posted by J_U_ICE on :
 
Rx Processing Corp. Publishing NOBO List on a 21 Day Cycle in 2007

WILMINGTON, Del.--(Business Wire)--Rx Processing Corporation (PINK SHEETS: RXPC), re-publishes the Rx Processing Corp. NOBO list, "non-objecting shareholders list," to deter back filling actions by market makers in furtherance of affecting our goal of an additional 200 new shareholders by end of first quarter 2007.

Rx Processing Corp is reaching out in an effort to attract shareholders over the course of the next quarter to meet our target goal in 2007 of 1000 shareholders. In 2006, we realized a strong increase in the number of investors acquiring and holding shares as the company grew beyond the challenging and formative years. Through the investor awareness generated by the posting of the NOBO lists, we realize that shareholders depend on this publication to recognize actions employed by market makers.

One market maker action known as back filling is seen by the securities market as acceptable and enables them to profit while contributing to the erosion of shareholder value and confidence when investing in emerging market corporations.

Example of back filling: On December 9th 2006, Peter Fiorillo, executed the purchase of 8,550 shares of RXPC common stock over the course of 30 minutes. The bidding actions were as follows: he bid incrementally up starting at $.037 until a market maker executed his order of RXPC at the asking price of $.04. The transaction record, that proceeded within 6 seconds of execution, shows another purchase of 8500 shares at $.037 per share. This back filling action equaled a loss to the PPS of -0.003 (-7.50%) and loss of market cap of $184,900. This transaction record shows the market maker had the ability to execute the order for $.037 per share, but waited for the bid to go 7.5% higher.

"We highlight our action of posting the NOBO list and focusing on tactics used by market makers as a guide for emerging market corporations to appropriately value and restrict the dilution of their capital securities," stated, CEO of Rx Processing Corp., Peter Fiorillo.

-0- *T Total O/S: 61,633,577

Float: 21,744,502

Shareholders: 449 *T

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055 http://www.rxprocessingcorp.com
 
Posted by J_U_ICE on :
 
GHTI (.0033) Announces That it Anticipates 2007 Revenues to Exceed $6,000,000
Dec 11, 2006 9:15:00 AM

LAS VEGAS, NV -- (MARKET WIRE) -- 12/11/06 -- GH3 International, Inc. (PINKSHEETS: GHTI) announced today that it anticipates the 2007 revenues to exceed $6,000,000. This will be over 100% increase over the 2006 revenues.

Flo Ternes, President, CEO of GH3, states, "The year 2007 will allow us to continue in our efforts to the Company's commitment to making people feel better, look better and live longer by providing them with a proprietary, comprehensive, scientifically proven protocol for anti-aging, rejuvenation and as an effective treatment that has favorably improved chronic diseases."

In addition, the Company has retained ************ Communications to provide medial/investor relation services. This allows the Company to stay focused on the day-to-day operations and at the same time gives our shareholders quicker response time. GH3 will be utilizing the services of ************ Communications (ISC) as part of the company's ongoing efforts to bring its message to a larger audience. According to ISC President and CEO Roy Sahachaisere, "We are pleased and gratified to be working with GH3. It is our belief that GH3 is working in a niche market that has long been overlooked, but that has great appeal in both the short and long terms."

************ Communications a multimedia relations/public relations firm that specializes in bringing small and micro cap public and private companies to the attention of the general public. ************ Communications believes that there are hosts of undervalued companies that don't get the exposure they deserve, and because of their size, have been overlooked by the larger marketing companies. Many of them have solid business plans, work in potentially highly lucrative niche markets, and have superb growth potential. It is the mission of ISC to empower these companies to reap fully all of the benefits of public exposure.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact:
************, Inc.
866-427-2196
http://www.************inc.com
Email Contact
 
Posted by J_U_ICE on :
 
HDVY (.085) Announces Worldwide License Agreement with Pfizer

Business Wire "US Press Releases "

SAVANNAH, Ga.--(BUSINESS WIRE)--

Health Discovery Corporation ("HDC") (OTCBB: HDVY) announced today that it has executed a license agreement with Pfizer Inc. (NYSE: PFE). Under the terms of the agreement, Pfizer may access HDC's pattern recognition technology for use in its worldwide research and development activities. The license includes HDC's Support Vector Machine ("SVM"), Fractal Genomic Modeling ("FGM"), and related methods for data analysis. Financial terms of this agreement were not disclosed.

"I believe this licensing agreement represents a significant step for HDC towards validating the scientific legitimacy and commercial viability of our patented SVM and FGM technologies," said Stephen D. Barnhill, M.D., HDC's Chairman and CEO. "This license marks our third deal in just the past four months and gives us confidence that our strategic plan is on track."

"In my opinion, HDC's pattern recognition technology can be an important tool for the discovery of new drug targets such as proteins, genes, or other molecules that a drug is intended to affect," commented Dr. Herbert A. Fritsche, Jr., Professor of Laboratory Medicine at the University of Texas M.D. Anderson Cancer Center and Chairman of HDC's Science Board. "Our technology might also be helpful in possible identification of new biomarkers to assess both efficacy and toxic responses to new drugs. As medicine becomes increasingly personalized, discoveries of this nature could facilitate the development of new treatments for diseases."

Savannah-based Health Discovery Corporation (OTCBB:HDVY) is uniquely positioned in the field of pattern recognition technology. Through the application of its patent protected technology, HDC is a biology-oriented biomarker discovery company providing all aspects of First-Phase Biomarker Discovery(sm). The Company's SVM and other pattern recognition tools have significant application potential in other sizable commercial markets such as radiology, Internet search and spam, homeland security, financial futures, and other areas where analysis of large volumes of complex data is required.

This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the management team of HDC believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

Source: Health Discovery Corporation
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Shareholder Letter December 2006
Rx Processing Corporation (Pink Sheets: RXPC), welcomes shareholders involvement in our mutual move forward towards affordable health care.

Dear Shareholders:

Our efforts have ensured RXPC and its shareholders a significant and secure future. In 2005 and 2006 considerable time was spent dealing with management of significant legal issues. RXPC brought suit against the former chief operations officer to gain back control of a 5+ million dollar asset and close the hole in the books 'reporting compliance'. This action made capital raising extremely difficult, completion of acquisitions trying and maintenance upon our focus of affordable health care, challenging, to say the least.

The alignment of company and its shareholders was further ensured by exploring a multitude of corporate positioning moves while maintaining public awareness through informative press releases. We have pursued our mission without turning RXPC into a litigiously driven company. Our intentions never changed, through our perseverance an advantageous opportunity arose and the lawsuit was ended in August, 2006.

Focus on up listing to the NASDAQ is still on the agenda today. Non-acceptance of the spin off and option agreement for DLS is but a small piece of this overall picture. In recognition, credibility gained as we pursue our vision while focusing upon RXPC's future completion of the DLS acquisition furthers our path to a future up listing. We anticipate achieving these goals in 2007. Investors value the change in direction of RXPC from focusing on corporate positioning to achieving strong valuable contracts and acquisitions that produce significant revenues for our company while meeting the projections of our published financial plan.

RXPC will sell affiliate territories, increase sales and internally capitalize the company. Shareholders, with faith and perseverance recognize that success falls on the shoulders of management and company. This investment in our beliefs and business model will continue our advocacy to service and fight for affordable, sustainable health care products and services. Through shareholder and management's cooperation we can achieve this singular goal. The continued support of our capital market breeds a positive internal message; people speak about Rx Processing Corp., its people and their mission.

The issues associated with affordable health care are by far one of the most dynamic environments on the face of the planet, and survival in this arena is truly an accomplishment. Today we recognize an ability to forgive our adversaries as our mission focus perseveres; we manifest an ability to survive through the most challenging of times.

Peter Fiorillo CEO

Rx Processing Corp.

Total O/S: 61,633,577

Float: 21,744,502

Shareholders: 449

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.


Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com


Source: Business Wire (December 12, 2006 - 11:58 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by jrdig7 on :
 
DOLLARS!!??!! YOu have a few posts and are telling folks to be looking for dollars??? Your type of tongue is one that gets folks trapped looking for unrealistic gains. Try a dime to begin with and see from there...

MoneyMoneyMoney,

Do the DD on this company. He shrunk the OS from 69 mil this Summer to 61 mil today. He has been doing some major restructuring of the company and using his own money to do it. While you may not think that is significant, I would disagree. It speaks volumes for his integrity and his belief that this company will succeed. Check out the 2 contracts that were just PR'd. This company is moving ahead and with a share structure as tight as they have, this will see dollars, imo. I have been to the shareholder's meeting, met Peter face to face, and have spent many hours via phone with him over the last 7 months.

I'll give you that most pink sheet companies never make it but feel this will be one of the few that do. We will know very soon if this company is credible or not. I'm betting that it is. GLTA
 
Posted by MoneyMoneyMoney on :
 
Petar also said this would be on a higher exchange by mid Nov. I did some DD and found that to be a false statement already.

There were also lots of folks at the CSHD BBQ (shareholder meetings) and spoke with Rufus but look at that example, so you attending means nothing to me.

I didn't know Petar had been doing that so therefore I didn't have the DD to say it was "insignificant" as you wrote in your words, NOT MINE. Please don't assume my thoughts.
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces $1 Million Material Contract Signed with AINA Investments LLC
Business Wire - January 3, 2007 9:10 AM (EDT)

WILMINGTON, Del., Jan 03, 2007 (BUSINESS WIRE) -- Rx Processing Corporation (OTC:RXPC) announces a contractual agreement with AINA Investments LLC for exclusive sales rights to license RXPC's prescription medication and laboratory diagnostic network in Florida. This action fortifies the companies' position of mutual support to the citizens of Florida through a substantive investment in Rx Processing Corp. and the state. Selling state affiliate territories in conjunction with AINA Investments LLC allows us to further our deployment of an innovative health care network. We acknowledge the increase in independent distribution channels and their contribution to our sustained profitability, diversity, separation, and mutual support.

AINA Investments gains sole and exclusive rights to license affiliate territory companies within the state of Florida. Our defined terms state a minimum license fee of $20,000, affiliates receiving a 15% commission on gross sales and a required minimum yearly sales volume of $250,000 each.

President Paul Lum, of AINA Investments LLC, stated, "This contract is a strong step forward towards providing affordable health care to all Florida residents. The lines are clear, our efforts focused; pursue responsible health care, a goal shared in common! 'AINA Investments LLC' and 'Rx Processing Corporation.'"

www.investaina.com

O/S: 61,633,577
Float: 21,744,502
Shareholders: 449


Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

SOURCE: Rx Processing Corporation

Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com

Copyright Business Wire 2007
 
Posted by J_U_ICE on :
 
RXPC will begin online ordering again starting January 15th

http://4.71.165.92/about/affiliates
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces Material Contract Signed with Corporate Investor, Shareholder

WILMINGTON, Del.--(Business Wire)--Rx Processing Corporation (OTC:RXPC) announces a material contract with Jeff DiGenova for exclusive sales rights to license RXPC's prescription medication and laboratory diagnostic network in South Carolina. This action fortifies an ever growing network of citizens in the United States through continuing re-investment in the company. The sale of an additional state affiliate territory further reaffirms our continuing deployment of an innovative health care network.

Rx Processing Corp. has defined standards for innovation in health care for the continual commitment to U.S. Citizens with faith, focus and passion. In furtherance, shareholder Jeff DiGenova expanded a significant investment in this cause, to gain sole and exclusive rights to license affiliate territory companies within the state of South Carolina. The defined terms profess a minimum license fee of $10,000, with a material contract book value of $350,000 for the state.

Investor Jeff DiGenova said: "As an Entrepreneur and shareholder, I'm very pleased to be able to bring these much needed services to the state of South Carolina. RXPC has the ability to fill the needs of the under and uninsured here while allowing them to use the savings for what it was meant, the betterment of their lives. This is truly a win-win situation for all involved and I thank Peter for his dedication to RXPC and its mission."

"Expanding significant responsibility to groups and individuals like 'Jeff DiGenova' that share a common passion for affordable health care guarantees our efforts will bare strong returns," stated, Peter Fiorillo.

-0- *T O/S: 61,633,577 Float: 21,744,502 Shareholders: 446 *T

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Rx Processing Corporation, Wilmington Tim Gillesse, 800-576-7055 http://www.rxprocessingcorp.com

Copyright Business Wire 2007 11Jan07 14:10 GMT
Symbols: us;RXPC us;RXPC
Source BW Business Wire
 
Posted by J_U_ICE on :
 
CEO Message...

Our team has been working late into the evening recently. We anticipate publishing a press release (Tuesday / Wednesday) of next week.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
CEO Message.....


Since inception in 2003, my money, faith, and persistence has carried everyone through these challenging formative years. I can guarantee most people invested in Rx processing corp share a common bond, the need for affordable health care or a financial gain.

Answer your questions.

1. & 2. All financial information will be delivered known when I file the Form 10 with the SEC to up list.

3. Our competition stems from storefront retail groups like CVS, Wal-mart to mail order fulfillment like Merck-Medco, Canada pharmacy, Rx-Payments ltd and others
a. These groups are limited at prescription medication we have integrated Diagnostic laboratory testing to provide ease of ordering to you and your health care provider.

4. ASAP is my time frame to NASDAQ, I built Rx processing Corp from the ground up to including taking it public 'from idea to public status it took 6 months'
a. I was inexperienced 3 years ago, today my experience is vast and my team is much larger and has been refined over the past years.

I look forward to you joining us for the ride.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces Return to Operations

Rx Processing Corporation (OTC:RXPC) announces a return to full operations. Our goal: a continuing advocacy to the achievement of affordable health care through innovative and integrated health care management processes for the under and uninsured. Our action to resume operations further ensures continued national market competition, thus reducing the cost and improving access to life saving prescription medications and laboratory diagnostic products.

Rx Processing Corp. understands today, more than ever, an individual's susceptibility to preventable diseases due to limited access of life saving products and services. We offer newly architected medical care fulfillment channels that appropriately fit the needs of our citizens. The pinnacle of this phased implementation throughout the following days will highlight innovative processes and management control that directly competes with major retailers and distributors.

U.S. healthcare distribution is controlled by access to clients, products, facilities, and information. Our advocacy established a core foundation and knowledge to compete in this arena. The pause in distribution in August of 2006 allowed us to realign our resources; and focus on critical elements associated with architecting a unique stand alone environment.

"Our corporate experience in service to our target clients has enlightened and changed priorities from being critical of industry and government to the recognition of a common goal, a mutual effort to achieve safe, affordable health care solutions that serve the needs of individuals having experienced the pitfalls of the current national health care architecture," stated CEO Peter Fiorillo. "Today it is with great pleasure we announce to all concerned citizens, spread the word, Rx Processing Corp. is sequentially implementing normal operations."

O/S: 61,633,577
Float: 21,744,502
Shareholders: 446

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com


Source: Business Wire (January 17, 2007 - 5:26 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by J_U_ICE on :
 
Source: Business Wire (January 19, 2007 - 11:55 AM EST)


Rx Processing Corp. Implements Drug Interaction Software for Our Advocates

WILMINGTON, Del.--(BUSINESS WIRE)--
Rx Processing Corporation (OTC:RXPC) announces in our return to operations, we complimented the offerings to include drug interaction checking software for our advocate medical profiles. Medication interaction technology targets abnormalities common in delivering prescription medications to often knowledgeable and technology empowered citizens.

Rx Processing Corp.’s drug interaction checking empowers health care providers to accurately flag harmful combinations for its advocates. This needed over sight in ordering furthers the abilities of the dispensing pharmacist to contact the prescribing doctor to adjust patient medication regimens. This compliments drug monograph information delivered to our advocates when they complete their order.

“Providing affordable health care for the under and uninsured is more complex than simply providing distribution to a market segment,” commented CEO Peter Fiorillo. “Our implementation of drug interaction checking software will save lives and stem abuse prevalent from under and uninsured citizens vendor and doctor shopping.”

O/S: 61,633,577
Float: 21,744,502
Shareholders: 446
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Contacts


Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com
 
Posted by J_U_ICE on :
 
Keep an eye on RXPC!!!

CEO Message....

Our team is working hard this weekend; expect a PR early in the week and possibly one by the end. I look forward to a great 2007.


Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Completes IVR Integration Operations: Phase 1 Complete
Rx Processing Corporation (OTC:RXPC) completes internal development and deployment of a proprietary IVR communications system. This layered telecommunication systems architecture provides real-time scalability, flexibility and enhanced keypad order processing.

Rx Processing Corp. has designed and built a telephony communication system from the ground up to secure and further implement their point of sales system architecture. The build out included core computer programming for call automation, selection of equipment and connectivity channels and enables expansion of its service to any location in the United States within 7 days of affiliate contract acceptance. This wholly integrated architecture will be reviewed for patentable rights in 2007.

"Our operations architecture and communication system provides seamless, monitored, and clear communication channels to protect and service its advocate, non-advocate orders and their private healthcare information," commented CEO Peter Fiorillo. "Whether ordering online, over the telephone or at physical locations, our clients can rest assured, we handle all processes internally."


--------------------------------------------------------------------------------

O/S: 61,633,577
Float: 21,744,502
Shareholders: 446

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.


Rx Processing Corporation, Wilmington
Tim Gillesse, 866-616-9724
http://www.rxprocessingcorp.com


Source: Business Wire (January 24, 2007 - 11:20 AM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by J_U_ICE on :
 
up 45%
 
Posted by J_U_ICE on :
 
57.89%
 
Posted by letitrideboy on :
 
weeeeeeeeeeeeeeee
 
Posted by Jimmy Mac on :
 
Well,
To say I like this company is redundant and an understatement....I'll be holding this for awhile and look forward to uplist!

Jimmy Mac
 
Posted by NEL on :
 
I sold out a few weeks back. Got impatient. Always the bridesmaid. Maybe I'll get back in with some extra cash.
 
Posted by J_U_ICE on :
 
News expected possibly tomorrow.
 
Posted by J_U_ICE on :
 
January 26, 2007 10:05 AM US Eastern Timezone

Rx Processing Corp. Physician to Pharmacy Gateway: Phase 2 Integration

WILMINGTON, Del.--(BUSINESS WIRE)--
Rx Processing Corporation (OTC:RXPC) delivers a physician to pharmacy gateway integrated to our proprietary system. This directly connects credentialed U.S. physicians allowing access to affordable contracted pharmacies and diagnostic providers.

Rx Processing Corp. captures scripts at the point of service, direct from prescribing physicians. This innovative approach will secure advocates and clients by providing physicians a choice as to which fulfillment network they direct their patients. High priced big pharmacies issue physicians a free solution with a professed funding of 100 million dollars on their behalf. Our proprietary solution integrated with valuable laboratory diagnostics costs us a few hundred thousand dollars.

Peter Fiorillo, CEO, commented, “Physicians are on the health care front line and in concert we deliver affordable solutions to obtaining prescription medications and laboratory diagnostics."

O/S: 61,633,577
Float: 21,744,502
Shareholders: 446
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Contacts


Rx Processing Corporation, Wilmington
Tim Gillesse, 866-616-9724
http://www.rxprocessingcorp.com
 
Posted by letitrideboy on :
 
nice to see that green
 
Posted by Jimmy Mac on :
 
Having fun yet???
I am.....love this stock

JM
 
Posted by J_U_ICE on :
 
Another nice day.
 
Posted by letitrideboy on :
 
the past week or so its been a nice slow and steady I love that
 
Posted by letitrideboy on :
 
Look at it go!
 
Posted by Jimmy Mac on :
 
Looking forward to a growing, uplisting, transparent,richly rewarding experience with RXPC. Soooo much promise...a good biz plan and soooooo few shares

Have I mentioned that I love this stock?

JM
 
Posted by J_U_ICE on :
 
Closed at .085 [Eek!] [Eek!] [Big Grin] [Big Grin]
 
Posted by J_U_ICE on :
 
still at .085. More news should be coming very soon
 
Posted by letitrideboy on :
 
I made 100 percent on this baby and I am out wow. I wanna stay in but I really needed to lock up a 100 percenter! I may get back in I will be watching!
 
Posted by J_U_ICE on :
 
RXPC Declares Stock Dividend 2007

Business Wire "US Press Releases "

WILMINGTON, Del.--(BUSINESS WIRE)--

Rx Processing Corporation (OTC:RXPC), a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans announces the board of directors declares on February 1st, 2007 an annual stock dividend to be paid on March 15th, 2007 to all shareholders.

Rx Processing Corp. shareholders will receive 3.5 shares of Rx Processing Corp. for every 100 shares held on the record date of February 21st, 2007.

Chairman Peter Fiorillo stated, "This action by the board of directors to declare a dividend in 2007 maintains RXPC's commitment to its shareholders for mutual benefit and furthers our long term relationship. "

O/S: 61,633,577
Float: 21,744,502
Shareholders: 446

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Source: Rx Processing Corporation
 
Posted by letitrideboy on :
 
lol right after I SELL! haha I may have to get back in now for sure. Watching
 
Posted by J_U_ICE on :
 
Great week closed at .09

More news expected next week:

CEO Message... Friday 3:41 pm central

This is a big weekend for RXPC, anticipate a few press releases next week.


Peter Fiorillo
CEO
RX Processing Corp
 
Posted by SherriT on :
 
Man, I'd quit watching this one....guess I should pay attention again, eh? [Big Grin]
 
Posted by J_U_ICE on :
 
closed at .10
 
Posted by NEL on :
 
Today I'm up 100%!!!!!
 
Posted by J_U_ICE on :
 
quote:
Originally posted by NEL:
Today I'm up 100%!!!!!

Very nice NEL.

More news expected very soon.
 
Posted by letitrideboy on :
 
NEL I got out when I was up 100 percent at .085 lol now i MAY get back in.....I hate these decisions!
 
Posted by J_U_ICE on :
 
closed at .12
 
Posted by NEL on :
 
tried to sell a little at .12 today, only 1,000 went through.
 
Posted by jrdig7 on :
 
Best of luck to those getting out but I wouldn't look back over the next weeks and months. We will be fully operational, meaning the cash register is on and revenues coming in. This news will come at any time. We will become fully reporting and move to the BB by the end of the 1st Q. With this tight share structure, these prices will look like bargain basement, imo. GLTA
 
Posted by NEL on :
 
quote:
Originally posted by jrdig7:
Best of luck to those getting out but I wouldn't look back over the next weeks and months. We will be fully operational, meaning the cash register is on and revenues coming in. This news will come at any time. We will become fully reporting and move to the BB by the end of the 1st Q. With this tight share structure, these prices will look like bargain basement, imo. GLTA

I agree, but I've learned my lesson, protect your capital!
 
Posted by J_U_ICE on :
 
Hopefully more news early this week Monday before the opening bell would be nice
 
Posted by J_U_ICE on :
 
Held up strong looking for a nice day tomorrow
 
Posted by J_U_ICE on :
 
CEO Message... 11:18 Est

Nice to see everyone awake, we are just finalizing a Press Release for 9:10am tommorrow. Enjoy your evening.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
PR from last week forgot to post

February 13, 2007 - 9:19 AM EST



Rx Processing Corp. Announces Order Processing Underway
Rx Processing Corporation (OTC:RXPC) continues its phased implementation in its return to fully operational status with the introduction of an enhanced online ordering system. This continuing action fosters an environment that enables access to lifesaving prescription medications and laboratory diagnostic products for advocates / pharmacies and the related community of health care providers.

Rx Processing Corp. has positioned itself to achieve a common goal since its introduction to the market in 2003. Critical to this process, we have taken innumerable actions to further secure our operational environment. The basis of the environment, defined by strength of leadership, relationships established with business partners, and a dedication to the needs of our advocates. We mutually identify, express and address the overall concerns of healthcare providers and our community. The proprietary operating environment will continue in its mission to increase the advocate base and in turn meet or potentially exceed revenue projections for fiscal year 2007.

“This established ordering architecture, effectively competes and positions the company to provide service to citizens in need of affordable health care solutions," stated CEO Peter Fiorillo. "Our dream, the well-being of our family, children, friends and community is exemplified in our resumption of online ordering."

O/S: 61,633,577
Float: 23,244,502
Shareholders: 450
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Rx Processing Corporation, Wilmington
Tim Gillesse, 800-576-7055
http://www.rxprocessingcorp.com


Source: Business Wire (February 13, 2007 - 9:19 AM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Announces Common Stock Share Retirement
Feb 20, 2007 9:10:00 AM
Copyright Business Wire 2007

WILMINGTON, Del.--(BUSINESS WIRE)--

Rx Processing Corporation (OTC: RXPC) In compliment of returning to operational status, we are taking actions to further reduce the common share structure by an additional retirement of 15,000,000 shares.

The Board of Directors are unified in their decision; it is critical to clients, shareholders and the company. This action will reduce, through a retirement, the total number of common shares available to 48,500,000 on or before July 1st, 2007.

"This action reaffirms our commitment to our shareholders future," stated CEO Peter Fiorillo. "The objective is to retire restricted common shares, continue upward migration, preserve our vision and remain dedicated to those we serve and support."

O/S: 61,633,577
Float: 23,244,502
Shareholders: 450

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Source: Rx Processing Corporation

----------------------------------------------

Rx Processing Corporation
Wilmington
Tim Gillesse
866-616-9274
http://www.rxprocessingcorp.com
 
Posted by mountainman35 on :
 
Press Release Source: Rx Processing Corporation


Rx Processing Corp. Reaffirms 2006 Shareholder Initiative: Certificate Common Stock Positions
Monday February 26, 12:25 pm ET


WILMINGTON, Del.--(BUSINESS WIRE)--Rx Processing Corporation (OTC:RXPC - News) pursues its 2006 initiative through 2007 further recommending current shareholders of free trading stock to certificate their existing positions.
Rx Processing Corp. earnestly requests that all shareholders take actions necessary to certificate your free trading common stock, until ready to sell. This will place pressure on market makers and force short positions to cover or face an ever increasingly limited environment within which to buy back securities.

Calling your broker or brokerage institution and instructing them to send you a paper stock certificate of your Rx Processing Corp. holdings is the easiest way to attain a paper certificate.

"Our work over the last year has brought stability to our capital environment," CEO Peter Fiorillo commented. "Today I ask you to do your part as we work to attain the number of shareholders and share price requirements to up list our shareholders by July 1st, 2007."

Company Goal: limit RXPC free trading common shares in brokerage accounts from 19,129,147 to 10,000,000 which translates to about a 50% reduction of free trading shares the market makers have access to sell.

O/S: 61,633,577
Float: 23,244, 502
Shareholders: 450

Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.


Contact:
Rx Processing Corporation, Wilmington
Tim Gillesse, 866-616-9724
http://www.rxprocessingcorp.com

--------------------------------------------------------------------------------
Source: Rx Processing Corporation
 
Posted by yoman711 on :
 
what is the advantage to getting certificates for the holder
 
Posted by J_U_ICE on :
 
News expected tomorrow as per CEO. FWIW

CEO Message...

We are holding the press release until Monday. Our team has been very busy with contracting and other business today. The importance of this release mandates we spend time over the weekend to finalize and continue proofing this release.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
Just updating the thread.

March 5, 2007 - 9:27 AM EST

Rx Processing Corp. Announces Acquisition Phase
Rx Processing Corporation (OTC:RXPC) enhances its operational environment by currently pursuing acquisition of six new geographically dispersed storefronts. This initiative will increase the number of clients over the next year in furtherance of our expected goal of 50,000 new advocates.

Rx Processing Corp. by acquiring these value added independent healthcare networks will contribute to our mutual fundamental profitability. All candidates were selected based upon location, clientele and sound fundamental leadership. This action will enable the deployment of our network to additional physical locations manned by experienced individuals and storefront owners motivated to the cause of supporting the 48 million U.S. citizens under and uninsured. The terms we mutually agree upon will increase sales and solidify corporate expansion efforts.

“The ongoing value held by these acquisitions enhances our ability to provide for and continually support our ongoing mission towards the attainment of an affordable health care platform,” stated CEO Peter Fiorillo. “I am providing the cash financing needed to support and close each acquisition.”

O/S: 61,633,577
Float: 23,244,502
Shareholders: 450
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Rx Processing Corporation, Wilmington
Tim Gillesse, 866-616-9274
http://www.rxprocessingcorp.com


Source: Business Wire (March 5, 2007 - 9:27 AM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by J_U_ICE on :
 
Keep an eye on this. IMO Good things to come.

CEO Message... Date:3/7/2007 11:15:33 AM


Expect additional developments on the web architecture. We have signed a conglomerate content partner to provide client advocates a stronger health care resource for our website. This agreement extends beyond Global Media.

Peter Fiorillo
CEO
 
Posted by J_U_ICE on :
 
Nice day!!!!
 
Posted by J_U_ICE on :
 
Posted by: bliz82
In reply to: None Date:3/15/2007 3:17:17 PM
Post #of 8261

Big News!!!

On the RXPC website, the slide show on the front page tells us who the conglomerate is that will fill our health/wellness and community pages! WOW! What a partner!!! Guess who!

Cleveland Clinic!!!

How about that! Talk about a well respected partner. Amazing!

http://www.clevelandclinic.org/
 
Posted by J_U_ICE on :
 
HOD .10!!!
 
Posted by J_U_ICE on :
 
Looks like our third partner is WebMD! RXPC will be carrying the Health News Syndicated Headlines from WebMD.

http://www.rxprocessingcorp.com/about/health

I assume it will be articles similar to the ones WebMD runs here:

http://www.webmd.com/news/default.htm
 
Posted by J_U_ICE on :
 
CEO Message... Good morning TeamRX

Management has been quiet over the last month organizing the acquisitions and further implementing content and distribution to enhance our company and supply chain.

I look forward to the coming weeks and months, as this week we are launching a new multifaceted PR campaign designed to run through July of 2007.

Peter Fiorillo
CEO
Rx Processing Corp
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Completes Acquisition of Can-Save Rx's Client Base
Thursday April 5, 9:10 am ET


WILMINGTON, Del.--(BUSINESS WIRE)--Rx Processing Corporation (OTC:RXPC - News) welcomes Can-Save Rx's client base and international network of pharmacies while expanding our presence in the State of Florida.
Rx Processing Corp. has acquired Can Save RX's 500 person client base and is finalizing contracts with the company's established network of pharmacies. This staple acquisition is indicative of RXPC's acquisition strategy, increases our client base and enhances the overall distribution network.

Commented Nick Maltese, "I am excited to entrust Rx Processing Corp. with Can Save Rx's client base through this acquisition. This furthers a foundation to unify and build an affordable national health care network."

"Our collective actions are innovating the implementation of affordable U.S. health care and are made possible through the steadfast resolve of entrepreneurs like Nick Maltese," stated Peter Fiorillo, CEO of Rx Processing Corp. "Since 2003 he has independently carried the burden and desire to help friends and neighbors in his home town by a resolve that focused on the cost savings of pharmaceuticals. Today, as this client base and our similarly aligned visions are joined, his hopes and dreams that all people can gain access to affordable health care lives on!"

O/S: 63,790,891
Float: 25,683,777
Shareholders: 473

Rx Processing Corp., an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed through storefront locations, is deploying a direct to consumer delivery business model that fulfills the needs of under and uninsured clients health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:
 
Posted by Gary59 on :
 
Look at the gap on this sucker with only 15,500 sh traded...
.04 X .072
 
Posted by Mr.PennyNJ on :
 
why is it every time i call rx. nobody answers, ???

this merger was supposed to happen last year??

cheezy website ??
 
Posted by J_U_ICE on :
 
Rx Processing Corp. Acquires Canadian American Discount Meds Client Base and Storefront Location
Apr 16, 2007 9:03:00 PM
Copyright Business Wire 2007
WILMINGTON, Del.--(BUSINESS WIRE)--

Rx Processing Corporation (Pink Sheets: RXPC), a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans who are under-insured or have no medical insurance coverage, announces its acquisition of Canadian American Discount Meds. This valuable addition of resources will fortify the companies position and ultimately assist us in attaining our overall mission goal.

Rx Processing Corp., pleased with the terms of this acquisition, the addition of 500 new clients, continues its expansion of its current customer base. This action brings us closer to our goal of the addition of 50,000 new clients this calendar year.

CEO Walt Drawta of Canadian American Discount Meds commented, "The acquisition of our client base and storefront location is yet another step towards the realization of affordable healthcare access to the under and uninsured in Florida."

Peter Fiorillo, Chairman, stated, "As we continue to expand business and establish ourselves as a leader in this industry through strong acquisitions like Canadian American Discount Meds these positive efforts will increase our revenues and subsequently enhance the returns to our shareholders."

O/S: 63,790,891
Float: 25,683,777
Shareholders: 473
Rx Processing Corp., an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed through storefront locations, is deploying a direct to consumer delivery business model that fulfills the needs of under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.

Source: Rx Processing Corporation


----------------------------------------------
Rx Processing Corporation
Wilmington
Tim Gillesse
866-616-9724
http://www.rxprocessingcorp.com
 
Posted by J_U_ICE on :
 
Canadian American Discount Meds
1317 East Silver Springs Boulevard
Ocala, FL (Florida) 34470-6821
Business Types: Pharmacies & Drug Store

http://canadianamericandiscountmeds.com/default.aspx
 
Posted by J_U_ICE on :
 
RXPC strong close.

16:00:54 26565 0.074 + OTCEQ_NBB T (F)
16:00:48 3105 0.074 + OTCEQ_NBB T (F)
15:57:42 5000 0.069 - OTCEQ_NBB
15:57:42 25000 0.07 + OTCEQ_NBB
15:56:54 25000 0.06 + OTCEQ_NBB
15:55:21 40000 0.06 + OTCEQ_NBB
15:54:36 2500 0.05 + OTCEQ_NBB
15:53:36 14400 0.0489 - OTCEQ_NBB
15:53:36 30500 0.0489 - OTCEQ_NBB
15:53:36 50000 0.05 + OTCEQ_NBB
15:51:36 935 0.05 + OTCEQ_NBB
15:51:36 15000 0.05 + OTCEQ_NBB
15:10:03 599 0.05 + OTCEQ_NBB
14:54:36 40000 0.03 - OTCEQ_NBB
14:53:45 25000 0.03 - OTCEQ_NBB
14:53:36 2500 0.03 - OTCEQ_N
 
Posted by J_U_ICE on :
 
.03x.036 2x1
 


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