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Author Topic: Put CDED On Your Watchlist
Mini Me
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News from March 9th.

Mr. Cox concluded, "Recently CareDecision was contacted by a shareholder who introduced us to a prestigious lodging e-business dotcom. I am pleased to report that we are in the final stages of negotiating a strategic partnership, investment agreement and a DataFuzion-like option agreement with this enterprise. It is anticipated that CareDecision will receive benefit of 7,000 existing hotel relationships covering an estimated 1,250,000 rooms, which are targets for our popular ResidenceWare product. Our proposed agreement calls for us to add a hotel reservation component to our product, providing expectation of nearly double the anticipated $37.00 per month per room e- transaction stream previously forecasted."

News from March 16th

Robert Cox, Chairman of CareDecision Corp. said, "As a part of our final stage negotiations for the agreements with a lodging e-business partner, we have completed the addition of a major feature upgrade to our ResidenceWare systems that will allow a hotel guest to make or change hotel reservations at will, providing CareDecision with the expectation of nearly double the anticipated $37.00 per month, per room e-transaction stream previously forecast."

Mr. Cox continued, "In another outgrowth of our recent successes in the lodging market, CareDecision has been contacted by several nationwide food service and restaurant companies. We are in the process of negotiating nationwide advertising and e-business arrangements that we hope to be able to discuss in more detail in the coming days. It is clear that the potential of ResidenceWare has sparked an interest at almost every level of the lodging chain."


The current price of .071 is as low as CDED has been in a few months,and with news expected on the ebusiness dotcom either today or early next week it could be a great time to get in.


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PAUL
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March 30, 2004 13:55

CareDecision Corp. Announces $700,000 Primary Institutional Financing
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Follow-On Institutional Fundings Anticipated for Company's Satellite Media Product Implementation


NEW YORK, Mar 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- CareDecision Corp. (OTC Bulletin Board: CDED) a leading Wi-Fi PDA technology provider to the lodging and satellite media industries and the developer of patent-pending technologies for Wi-Fi PDA e-health and EMR applications, announced today that it has received primary institutional funding in the amount of $700,000 from Pinnacle Investment Partners, LP. The Company reported that the primary funding will to be used for the nationwide roll-out of its ResidenceWare Wi-Fi products and for other business development purposes.

CareDecision Chairman Robert Cox said, "This primary funding from Pinnacle Investment Partners affirms our solid business plan and hotel implementation strategy. Now that a first round of funding has been secured, we will step up our hiring, eat into a backlog of ResidenceWare units that currently has grown to over 2000, and close a number of sales to hotel groups that have been pending. We expect a long relationship with Pinnacle and plan additional financings with them as our satellite media agreements move to the implementation phase."

Chris Janish, President of Pinnacle Investment Partners, LP said, "Pinnacle prides itself on the quality and marketability of its clientele. CareDecision Corp's proprietary technology is an industry-first and meets a timely need in an economy in which people have become accustomed to the ease and functionality of products and services at their fingertips. Additional financings are contemplated in the next several months, as CDED's SateLink satellite media products move into a similar implementation phase. We look forward to a long term partnership with CareDecision Corp."


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BigT1
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I'm in small and have been watching this one for a couple of months. I will soon be adding to my position but plan on being in CDED for the long haul. Of course I dont mind buying and selling some as I go too. Longterm I expect this stock to go big, but over next 2 or 3 months it will top out around .10 - .12 in my oppinion. Even that would be a nice move and I hope it doesnt happen until I can get more money to put in it.
Posts: 222 | From: Victorville,CA USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
   

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