posted
This hasn't had any posts since Monday. Anyone have any thoughts on this one? Wondering if I should hold or sell.
Posts: 72 | From: fla | Registered: Jul 2005
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posted
I think its deffinetly a hold right now. No reason to sell here, has a lot more upside than downside. I believe there is lots of good news contracts and renewals sitting in the pipe ready to come out.. why they are waiting is anyone's guess.. but when they do start letting them flow out we going to make a big move. I would deffinetly not sell at this level, infact think of it as a gift and buy more right here.
Posts: 79 | Registered: Feb 2005
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posted
I'm holding. QUEST and some others felt that surely this would be trading at a dime by the end of this month. Sure seems like we are a long way from a dime. Any news Quest? Any updates? Hope we see some action soon.
-------------------- It's only money..We'll make more tomorrow! Posts: 788 | From: Tx. | Registered: Jun 2005
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posted
This stock doesnt seem to have enough people watching it.. what are some ways to increase people's awareness of this stock, to get them to do some dd on it... I cant see anyone actually researching this stock thoroughly and not seeing its potential and how undervalued it is. Its like no one out there is paying attention.... which should slowly change....... For now take these gifts as a good opportunity to load up. I think revenue numbers will come with the 10q on aug 15th. So be prepared. and do some DD!!
Posts: 79 | Registered: Feb 2005
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posted
I wonder if this will be a run like last time. Up to .063 & back down again. I'd like to sell & buy more if that's the case.
Posts: 72 | From: fla | Registered: Jul 2005
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posted
money, thats a good way to play and accumulate more.. BUT be careful, thats a dangerous game to play. If your going to attempt it i woudlnt do it until it gets in the .06's... and i wouldnt sell ALL your holdings, 25-50% woudl be all i'd do... One of these times it will hit .06 and then .07 and then .10 and just keep moving, and not go back to .04 to regroup. They will only give us so many gifts... but yoru right its smart to play it, just dont sell everything and be out in the cold when it decides to not look back. ESPECIALLY if it ever runs up past .06 on very good news, such as the forward guidance we waiting for. Because when that run happens i dont expect to be below .10 again Posts: 79 | Registered: Feb 2005
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posted
Very good news! I love huge contracts! I think we woud have a better market reaction with #'s attached. But by the sheer size of this contract i expect the numbers are GREAT! Plus its in the private sector, much better proffit margins! Go mssi!
Posts: 79 | Registered: Feb 2005
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posted
MSSI is moving nicely today on the news, I still think it's not trading where it should be, I can't wait to see the quarterly earnings with PRN incorporated. Can't wait to see what that run is gonna look like. glta
-------------------- Making money... one penny at a time Posts: 240 | From: Deep in the Heart of Texas | Registered: Jul 2005
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O/S aproximately 179 million including escrowed shares. A/S 300 million Float estimated to be 100 million __________________________________ MSSI acquires Nurses PRN
Nurses PRN Projected 20 million in revenue in 2005:
MSSI-TeleScience to Nab Nurses PRN
VIENNA--MSSI-TeleScience International, Inc., a provider of long-term medical personnel and other services to government, has signed a letter of intent to acquire Nurses PRN, LLC, a healthcare staffing agency with locations in six states. The West Palm Beach firm employs more than 1,000 nurses and projects $20 million in revenue in 2005.
Said MSSI CEO B.B. Sahay: "Nurses PRN has perfected the healthcare staffing model, by offering state-of-the-art, immediate staff placement capabilities. This is a highly attractive feature to hospitals and other healthcare facilities that seek to quickly fill open shifts, and are forced to juggle between multiple agencies to fill the staffing voids."
We anticipate revenues to grow in the fiscal year ending 2005 as a result of the award to us of new contracts, the proposals for which are presently in the bidding and bid award process. As of June 30, 2005, we have five (5) contract bids outstanding with an aggregate value of $15,554,313.04 and eleven (11) contract bids which have been awarded to us with an aggregate value of $1,512,100.00. The Company was also named as one of seven (7) successful bidders in a $1,000,000,000 IDIQ (indefinite delivery indefinite quantity) contract in the homeland security area with the state of Pennsylvania, and this contract had recently been renewed through June 30, 2006. We also anticipate revenues to grow as a result of our acquisition of Nurses PRN, which has aggregate revenues greater than the Company.
Medical Staffing's revenues for its most recent fiscal year. $6,734,564. Nurses PRN will substantially increase the Company's operations in the private healthcare nursing sector. It will more than triple the Company's sales revenue. __________________________________________________________
Item 2.01. Acquisition Or Disposition Of Assets Medical Staffing Solutions, Inc., a Nevada corporation (MSSI) entered into an asset purchase agreement (the Purchase Agreement) on June 16, 2005, by and among MSSI, Nurses PRN Acquisition Corp., a Nevada corporation and wholly-owned subsidiary of MSSI ( Purchaser), Nurses PRN, LLC, a Florida limited liability company (the Target) and the members listed therein (collectively, the Members, and together with MSSI, Purchaser and the Target, the Parties). The Parties agreed to close the transaction in escrow subject to the confirmation of delivery to the escrow agent (the Agent) of those certain escrow documents listed in Schedule A to the Confirmation of Closing in Escrow, dated June 16, 2005, and provided herewith as Exhibit 99.18.
Pursuant to the Purchase Agreement, the Purchaser acquired substantially all of the assets, properties, privileges, rights, interests, business and goodwill belonging to the Target, of every kind and description, real, personal and mixed, tangible and intangible and wherever located (the Purchased Assets). The Purchased Assets include all cash items, securities and financial instruments of the Target, all Fixed Assets, Accounts Receivable, Real Property Leases, Intellectual Property, Material Contracts, Files and Records and Goodwill (as each term is defined in the Purchase Agreement).
As consideration for the Purchased Assets, the Purchaser shall cause MSSI to issue and deliver 9,500,000 shares of common stock of MSSI to the Target to be delivered to the Members in the denominations set forth opposite each Members name on Exhibit A to the Purchase Agreement and 2,500,000 shares to a creditor. The Purchaser also paid to the Target One Million Six Hundred Thousand Dollars ($1,600,000) as a cash consideration. In addition to the share and cash consideration, the Purchaser shall pay a contingent payment to the Target which shall be based on the Purchasers achievement of financial targets based on an EBITDA Target (as defined in the Purchase Agreement) which shall not exceed Five Hundred Thousand Dollars ($500,000).
In addition to the Purchased Assets, the Purchaser assumed certain Assumed Liabilities (as defined in the Purchase Agreement) including (a) a Three Hundred Sixty Five Thousand Four Hundred Eighty Seven and 50/100 Dollar ($365,487.50) note payable issued to Jeff Dowling by the Purchaser; (b) a Two Hundred Fifty Thousand Dollar ($250,000) note payable to Aftabe Adamjee by the Purchaser and (c) certain general payables as set forth in Schedule 1.4 of the Purchase Agreement.
Exhibit Description Exhibit 99.1 Asset Purchase Agreement, effective as Incorporated by of June 16, 2005, by and among MSSI, reference to Nurses PRN Acquisition Corp., Nurses Exhibit 99.1 to PRN, LLC and the Members listed Medical Staffing's therein Current Report on Form 8-K, as amended, as filed with the Securities and Exchange Commission on July 14, 2005.
Exhibit 99.2 $250,000 Promissory Note, effective Incorporated by June 16, 2005, by Nurses PRN reference to Acquisition Corp., Inc. issued to Mr. Exhibit 99.2 to Aftab Adamjee Medical Staffing's Current Report on Form 8-K, as amended, as filed with the Securities and Exchange Commission on July 14, 2005.
Exhibit 99.3 Executive Employment Agreement, dated Incorporated by June 16, 2005, by and between Nurses reference to PRN Acquisition Corp. and Mr. Robert Exhibit 99.3 to Murphy Medical Staffing's Current Report on Form 8-K, as amended, as filed with the Securities and Exchange Commission on July 14, 2005.
posted
MSSI Awarded New Staffing Contract - Las Vegas, Nevada Aug 5, 2005 7:00:00 AM VIENNA, Va., Aug. 5 /PRNewswire-FirstCall/ -- MSSI (OTC Bulletin Board: MSSI), an established provider of medical personnel, technology services and homeland security products to government and commercial clients, has been awarded a contract for supplemental staffing services in Las Vegas, Nevada through its wholly owned subsidiary, Nurses PRN Acquisition Corporation (NPRNAC).
The contract was awarded as part of the annual review of staffing agencies by Broadlane, Inc., a healthcare transformational business services organization. This particular award is a one-year contract for supplemental staffing services at the four Valley Health Systems (VHS) facilities in the southern Nevada market.
"Our private sector subsidiary, Nurses PRN, has again proven to be a well- respected provider in their incumbent markets," said Dr. B.B. Sahay, Chairman and CEO of MSSI. "Even as we continue to penetrate new markets, we are very proud of the performance of our existing offices."
"Our current client base continues to affirm our business model with each new contract renewal," said Robert Murphy, President of Nurses PRN. "Our Las Vegas team has worked very hard in the past year to meet the service level requirements necessary to achieve this new contract award. We are very proud and honored to once again be part of the VHS contract. We are also excited that this year's contract will include allied health, a service line we are developing."
More information about MSSI-TeleScience International, Inc. may be found at: http://www.telescience.com .
For MSSI-TeleScience inquiries, e-mail: investmentrelations@telescience.com .
About MSSI-TeleScience
In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies and to the private sector. The company's Medical Services Division has operations in 22 states servicing hospital and medical facilities with a complete range of medical staff, including doctors, nurses and technicians. The company holds multiple long-term contracts, including those with the U.S. Army, the U.S. Department of Health and Human Services and the state of California.
The company's Technology Division provides systems integration and information technology services to the federal government, as well as emergency equipment, decontamination products, vehicles and supplies to state and local governments.
MSSI-TeleScience International currently has over 200 employees and continues to grow its staff and contracts. For more information, visit the company's website at http://www.telescience.com .
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MSSI-TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand, market acceptance of our services and changes in our business strategies.
SOURCE MSSI-TeleScience International, Inc.
---------------------------------------------- Reeba Magulick of MSSI-TeleScience International Inc. +1-703-637-3245 or investmentrelations@telescience.com
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
2 huge contracts this week, many more to come, eventually the market will wise up to this one. All smart money shoudl be getting in! Its hard to imagine this stock anywhere near this range by end of the year!
Posts: 79 | Registered: Feb 2005
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posted
I agree...I can't believe that this is not getting the attention that it deserves...
quote:Originally posted by frostengine: 2 huge contracts this week, many more to come, eventually the market will wise up to this one. All smart money shoudl be getting in! Its hard to imagine this stock anywhere near this range by end of the year!
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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MSSI Opens New Branch Office in Phoenix, Arizona Monday August 8, 7:00 am ET
VIENNA, Va., Aug. 8 /PRNewswire-FirstCall/ -- MSSI, an established provider of medical personnel, technology services and homeland security products to government and commercial clients, announces the opening of its newest location in Phoenix to service a recently awarded contract for staffing the Maricopa Integrated Health System. The contract was awarded by Broadlane, Inc., a nationwide healthcare transformational business services corporation. Broadlane aggregates the dollars spent on contract labor by hospitals and selects preferred vendors that meet certain service level requirements, with which to partner. Nurses PRN has relationships with Broadlane in six states at approximately 50 hospitals. "This contract is particularly rewarding because we have been invited into the Phoenix market based on our track record with Broadlane around the country," said Dr. B.B. Sahay, President and CEO of MSSI, the parent company of Nurses PRN. "We are enthusiastic to quickly expand our presence in underserved markets such as Phoenix."
"Nurses PRN is pleased to welcome Susan Baker to the branch management team," said Robert Murphy, President of Nurses PRN. "We have utmost confidence in her ability to deliver the results we expect in Phoenix and are very anxious to begin servicing this newly awarded contract."
"I am very excited to start working on the open positions already being sent to us daily by the Maricopa facilities," said Susan Baker, Branch Manager of Nurses PRN of Phoenix. "With the support of the new National Recruiting Center in Vienna, Virginia, I know we will build our database much faster than our traditional competitors. I am very happy to be part of this winning team."
More information about MSSI-TeleScience International, Inc. may be found at: http://www.telescience.com .
posted
MSSI is really really trying to hop. Been sitting at hod. Needs a small nudge, and it's off to .05+
News was great. Client list is outstanding. This is going to become a major company, it's just a matter of when.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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Wow everyones a little slow to post this..
