posted
radar for news--from last press--As we near the end of the 2nd quarter 2008, the company has positioned itself successfully to become a major force in the lucrative telemedicine sector for the next 5 years. We've had several meetings with major managed care companies, and as we await their implementation decisions, the company is ramping up to deliver products to their patient base throughout the U.S. This process, while time consuming, has given the company clearly defined guidelines when dealing with the corporate needs these companies face from various state and federal agencies; this in order for XTend to deliver our program to their patients and to increase our patient load. We're definitely on target to close several contracts within the next quarter that will give the company the opportunity to reach its target goal in sales for 2008 and set the company up for tremendous growth over the next 3-5 years. Our hard work has given us leads from several other countries looking for Remote Patient Monitoring programs and has increased the company's exposure here in the U.S. We feel confident that XTend is moving forward and know the company will be a force to be reckoned with in the years to come
Posts: 3056 | Registered: Feb 2005
| IP: Logged |
posted
Posted by: gorbec1 Date: Tuesday, July 15, 2008 7:07:57 AM In reply to: Reindl who wrote msg# 77035 Post # of 77088
we get a big contract we have say 500 000 pts 500 000 pts x 12 months x 36.00 a box is 216,000,00 rev ( but we pay 8.00 a box thats 168,000,000 profit a year) 3 year contract 648,000,000 rev (504,000,000profits if we pay 8.00 a box) a 5 year contract =1,080,000 000 rev ( we pay 8.00 a box thats 840,000,000 profit)
now we get 1,000,000 pts X 12 months x 36.00= 432,000,000 rev per year (but with that i bet we pay about 5.00 a box so thats 360,000,000 profit a year) a 3 year contract 1,296,000,000 rev (and a profit of 1,080,000,000 when we pay 6.oo a box) a 5 year contract we have 2,160,000,000 rev (and if we pay 6.00 a box thats 1,800,000,000 profit)
Posts: 3056 | Registered: Feb 2005
| IP: Logged |
quote:Originally posted by tmanfromtexas: I am going against my rule of pinks on this one but it seems it might be a play. Lets see what it does. TMAN...
the pr. yesterday-------------------Press Release Source: XTend Medical Corporation
XTend Medical (XMDC) Penetrates $118 Million European Telemedicine Market Tuesday July 22, 5:31 am ET
Company Begins Telemedicine Program With U.K. University
SUN VALLEY, CA--(MARKET WIRE)--Jul 22, 2008 -- XTend Medical Corporation (Other OTC:XMDC.PK - News), a company that delivers cutting-edge telemedicine solutions to the healthcare industry, announced today the company will begin a telemedicine program in Europe to track the remote monitoring of diabetic patients in early August. According to Frost and Sullivan the European market is expected to hit $236 Million by 2014. ADVERTISEMENT
The company released the following statement: "Our presence here in the U.S. has attracted many companies from Europe that are interested on our telehealth programs. While many companies offer a similar solution, the fact that XTend's solution was chosen over these is critical in the fact that our solutions are widely accepted as being the easiest to implement and maintain. This is a major accomplishment as our marketing efforts in educating the medical community as to the ease with which our system can be integrated into their practice has proven once again to stand above our competitor's solutions. By having a presence in Europe, this will assist the company as we grow our brand globally over the next three years and on. We'll release further information regarding our European program as the results are monitored through the University that has asked us to maintain their privacy for now," stated Mr. Paul D. Lisenby, CEO of XTend Medical.
For any healthcare agency or physician group that would like to find out more about how XTend can assist in your management of diabetic patients, please visit the company website at www.xtendmedical.com or email us at info*xtendmedical.com
About XTend Medical: XTend Medical Corporation markets and sells telehealth and telemedicine solutions for monitoring and caring for patients with chronic disease conditions. XTend has developed a complete Remote Diabetic Patient Monitoring System that is currently being used by physicians and other healthcare agencies throughout the U.S. Through their alliances, XTend offers pharmacy services, diabetic supplies, and telemedicine products that increase patient care yet reduce costs associated with servicing those patients. For more information, please visit their website at www.xtendmedical.com.
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
Contact: Company Contact: FutureTechIR for XTend Medical Corporation Investor Relations (817) 812-2105
-------------------------------------------------------------------------------- Source: XTend Medical Corporation
Posts: 3056 | Registered: Feb 2005
| IP: Logged |
posted
You aren't serious about htis are you? They have had three r/s, the latest was one of the worst I have ever seen. Here is part of their track record. They exist to get your money.
Formerly Summus Works, Inc. until 9/07 Formerly Prime Rate Investors, Inc. until 2/06
Formerly Mountain Gensing, Inc. until 06/02
You had better take heed. This company is out to say whatever they have to to get your money. Like so many, they use great sounding p/r's to get into your wallet. They will not deliver. You will lose!
-------------------- It is what it is Posts: 196 | From: Tampa, FL | Registered: Mar 2006
| IP: Logged |
posted
yeah, I got burnt on SMMW when they did their 1-8334 R/S and name change to XMDC. I sold for a big lost for about $10 bucks. It's still on my scam list.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Were Up]](graemlins/wereup.gif)
