Merchant Banker Armada Group USA, Inc. Envisions More Transactions Shortly
CareDecision Corp. (OTCBB:CDED), a leading Wi-Fi PDA technology provider to the lodging and satellite media industries and the developer of patent-pending technologies for e-health and EMR applications, reported today that it has entered into a Strategic Partnership with DataFuzion Inc. ("Fuzion"). Fuzion is a Denver, CO-based medical data warehouse and data mining software application and services provider, and is also a leader in the fast-growing field of medical business intelligence and decision-making tools. This agreement will provide Fuzion access to the CareDecision's PDA based and Wi-Fi medical technologies in return for receipt of a significant equity stake in Fuzion. Robert Cox, Chairman of CareDecision Corp., commented, "DataFuzion was one of the companies that recently bid to acquire a portion of CareDecision's e-health technologies. When other bidders emerged, our merchant banker adroitly steered discussions toward an equity partnership. This agreement marks the first of several expected near-term transactions involving our medical software technologies. In addition to closing this partnership with us, DataFuzion has decided to file to become a fully-reporting public company, which in the rapidly improving medical information technology markets could greatly enhance the value of our equity stake. For example, a publicly-traded peer company has a market capitalization of approximately $75 million." Douglas Davis, President and CEO of DataFuzion, Inc., stated, "This agreement is a combination of timing, opportunity and potential -- the necessary ingredients to a successful transaction. Our discussions with CareDecision originated with our examination of their e-health systems, followed by our bid to acquire their technologies. Subsequent conversations facilitated by the Armada Group USA, Inc. persuaded us on the strategic value of a partnership whereby both companies could build shareholder value. CareDecision has realized the value of our enterprise and upon the effective date of our public registration, CareDecision has agreed to distribute to their shareholders most of the equity we are providing as a dividend, with CareDecision shareholders perhaps reaping additional financial benefit under the new tax laws." Patrick Cole, President of Armada Group USA, Inc., concluded, "We first approached CareDecision with the prospect of the sale of their medical technologies to DataFuzion. During the course of the discussions it became clear that another type of transaction was preferable, one that would allow DataFuzion to accomplish its primary goal of becoming a reporting public company, while at the same time allowing CareDecision to review other offers for its valuable medical technologies. We have taken a big first step with the closing of this transaction and envision additional transactions of this type in the near future."
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This release contains forward-looking statements about our business or financial condition that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.
KEYWORD: NEW YORK INDUSTRY KEYWORD: MEDICAL TRAVEL TELECOMMUNICATIONS MARKETING AGREEMENTS SOURCE: CareDecision Corp.
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I think you guys hit the nail on the head (MM's) ... this stock has serious upside potential with great charts... oh by the way, did I mention it was Stockprowler's pick of the month? Sit tight and as Fallstaff says .... TRUST YOUR DD!!!!
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quote:Originally posted by gmoney: I think you guys hit the nail on the head (MM's) ... this stock has serious upside potential with great charts... oh by the way, did I mention it was Stockprowler's pick of the month? Sit tight and as Fallstaff says .... TRUST YOUR DD!!!!
GMoney could I ask you for some stockprowler picks for a few weeks me and reality were trying to get a massive post pick board. IF you email me I can Created a new pick board remember extra volume creates extra growth Later . chris20nc@hotmail.com
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You can get the stockprowler picks @ stockprowler.com .... or do you mean that you want me to suggest a couple potential money makers?
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Great days to come! amazing news out today with more to come soon. The MM's are trying their best to keep this down, but it wont last long!
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Great post!! From R.B. hope I'm not bracking any rules/laws by coping it and posting it here! I agree EZ. That was awesome. What more could you ask for? Dividends? Wow, even if it were one penny we'd make a bundle.
I tried like a bandit today to sell some of this other company, that I think I great for the long haul, but stagnate now, and get as much as I could here. I think when the investment community hears what is going on here, we fly in a hurry. Dividends on penny stocks? Buying into a private company that is considering launching a IPO? More acquisitions to come in the "near term"? Hiring a financial merger company to solidify the process.
There was a great post on another board about a CNN interview today with a CEO in the medical business. He was asked "aren't medical records already online/cmptr/electronic" apparently he answered, "No" which if you think about it, makes sense since the last doctor I saw wrote things on charts and kept paper files. The CEO said a lot of money is being poured into this field. If you want to read it, it is message 1419 on the FLCR board.
quote:Originally posted by knee-hi-boot-gurl: Great post!! From R.B. hope I'm not bracking any rules/laws by coping it and posting it here! I agree EZ. That was awesome. What more could you ask for? Dividends? Wow, even if it were one penny we'd make a bundle.
I tried like a bandit today to sell some of this other company, that I think I great for the long haul, but stagnate now, and get as much as I could here. I think when the investment community hears what is going on here, we fly in a hurry. Dividends on penny stocks? Buying into a private company that is considering launching a IPO? More acquisitions to come in the "near term"? Hiring a financial merger company to solidify the process.
There was a great post on another board about a CNN interview today with a CEO in the medical business. He was asked "aren't medical records already online/cmptr/electronic" apparently he answered, "No" which if you think about it, makes sense since the last doctor I saw wrote things on charts and kept paper files. The CEO said a lot of money is being poured into this field. If you want to read it, it is message 1419 on the FLCR board.
Hey GMoney I cashed out my shares of QBID and am looking for a new home they can live in for 72 hours. Something to hold for my 72 hrs
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) February 5, 2004 CareDecision Corporation. (OTCBB: CDED) (Exact name of Registrant as specified in charter) Nevada 000-33187 91-2105842 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification) 2660 Townsgate Road, Suite 300, Westlake Village, CA 91361 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (805) 446-1973 /1/ ITEM 9. REGULATION FD DISCLOSURE CareDecision Corporation (the "Company") [OTCBB: CDED] reported on February 5, 2004 that the Company has entered into a Strategic Partnership ("Partnership") with DataFuzion Inc. ("Fuzion"). Fuzion is a Denver, CO-based medical data warehouse and data mining software application and services provider, and is also a participant in the field of medical business intelligence and decision-making tools. This Partnership will provide the Company with a substantial equity stake in Fuzion and grant Fuzion access to the Company's PDA based and Wi-Fi medical technologies. Fuzion was one of the companies that recently bid to acquire a portion of the Company's e-health technologies. Upon the emergence of other bidders, the Company's merchant banker, Armada Group USA, Inc., directed the discussions toward an equity partnership. This Partnership is the first of several expected near-term transactions involving the Company's medical software technologies. In addition to this Partnership, Fuzion has decided to file to become a fully-reporting public company, which potentially could enhance the value of the Company's equity stake and build shareholder value. Upon Fuzion achieving effective status with the Securities and Exchange Commission, the Company plans to distribute to shareholders most of the equity as a dividend. Date: February 6, 2004. ---------------- CareDecision Corporation /s/ Keith Berman ----------------- Keith Berman, CFO /2/
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Chris .... take a very good look at TRBD!!! It's been slammed by MM's and is due for a very great run. Take a look at the charts and notice the reaction to the great news earlier this week. It was up to about .28 until MM's started toying with it and now it's down to .147 -- It's a great buy and you wouldn't be disappointed IMO.
The other good recommendation I've got for you is CDED which has apparently also been tainted with MM's and has very good upside potential. Stockprowler has a great track record, and this company is poised for god things this month IMO.
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Anyone else own CDED? Serious rumors on other boards about a 'huge' deal with RCO(AMEX)going down this week! Looks like the Stockprowler predictions may have been correct for CDED! Hope so anyways. Also any opinions on the news out Friday after the close. Not sure what to make of it? Thanks **Marissa**
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Glad there are some more cded longs out there. I to am excited to be long on this stock.
First, for me I like the small float. If,in fact, there are only 30 million public shares than once this fires up should move at more that .004 spreads. Going along with that thought, if insiders own the other 130 million shares, it tells me they think that it is very under valued stock. A lot of micro plays flood the market with shares ,for cash,to stay afloat.
Second, If you look at Fridays announcement two things I noticed. One that they said that more moves would be happening soon=positive. But also what I really liked that with there agreement with Fuzion, That stockholders would get the majority of the equity as a dividend. This company loos like they really want to build shareholder value.
Any comments on exactly how the dividend will be executed? If fuzion is going public are they going to offer shares in it to existing shareholders or give us a percentage according to number of shares, in cash equity in the company.
Glad I found you guys. This could rock. Also, have to love the fact that they have several product offerings as well. Good luck guys, I am excited.
T/a wise nice bullish wedge on daily. should initially see some gains in the first hour. Keep up the good posts!!!!!!!!!!
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Once again I must say that the DD is done to perfection on this one guys. We've got our selves a winner ... let's just cross our fingers and hope for gold. Looks to me as though MM's are toying a little bit but IMO, they can't hold this one back.
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Keep up the good work. Also,what is behind the rco rumors. I am not familiar with them but their balance sheet is a mess.
What is the possible reason behind an agreement. Unless the two products together would really enhance the product. Again thanks for being here and posting!!!!!!!!
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Glad to see someone else does nothing but watch stocks at work Anyway I think the major boost came from the pick of the month,but saying that it is the pick of the month for a reason.
The dividend Is worth sticking around for and more people are trading it, also seems to be worth while 2-5 years out.
I wouldn;t be surprised to see it hit .20 in a month from there it'll need profits
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Anyway I think the major boost came from the pick of the month,but saying that it is the pick of the month for a reason.
