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MSSI-MEDICAL STAFFING SOLUTION. Up 73% and breaking out. 7/12/07 - Page 55

post #1081 of 1172
Am I the only one interested in this stock? At one time we really thought MSSI would be a good investment. What is it going to take for this stock to increase in value? The service must be good for the renewal of the contracts with hospitals and now with the government. This seems like a good time to take advantage of the pps while it is low. Would appreciate any news, comments, etc. Thanks.
post #1082 of 1172
Well, on their May 22 quarterly, they listed a net loss of $345k.

Then on June 2 they filed a form SB-2 stating that Cornell was going to sell 757,650,000 shares. That would increase the O/S to over 1 billion.

I was in this early and got out with a small profit, but I don't see how this is going to go anywhere until the financial situations improve.
post #1083 of 1172
I thought Cornell was out of it now. Is that true?
post #1084 of 1172
I don't know. I just looked at the June 2 filing. It states that Cornell will be selling shares.
post #1085 of 1172
Here is part of that filing:


PROSPECTUS

Subject to completion, dated June 2, 2006

MEDICAL STAFFING SOLUTIONS, INC.
757,650,000 shares of Common Stock

This prospectus (this “Prospectus”) relates to the sale of up to 757,650,000 shares of common stock of Medical Staffing Solutions, Inc. (“Medical Staffing” or the “Company”) by certain persons who are selling shareholders of Medical Staffing, including (a) Cornell Capital Partners, LP (“Cornell Capital”), which intends to sell up to 756,650,000 shares of common stock, of which: (i) 661,650,000 shares may be issued from time to time upon the conversion of shares of Series A preferred stock held by Cornell Capital pursuant to an amended and restated Investment Agreement, dated March 13, 2006, (ii) 15,000,000 shares of common stock which may be issued upon the exercise of a common stock purchase warrant (the “December Warrant”) issued by the Company to Cornell Capital on December 13, 2005 and (iii) 80,000,000 shares of common stock which may be issued upon the exercise of four (4) common stock purchase warrants (the “March Warrants”) issued by the Company to Cornell Capital on March 13, 2006 in connection with the Investment Agreement (the Investment Agreement, the December Warrant, the March Warrants and all related transactional documents and events thereto are collectively referred to herein as the “Cornell Financing”) and (b) Fitzgerald Galloway Management, Inc. (“Fitzgerald”), which intends to sell up to 1,000,000 shares of common stock which have been issued to Fitzgerald pursuant to the Consultant Service Contract, dated April 8, 2005 (the “Consultant Service Contract”). Please refer to “Selling Shareholders” beginning on page 19. All costs associated with this registration will be borne by Medical Staffing.

The shares of our common stock are being offered for sale by the selling shareholders at prices established on the Over-the-Counter Bulletin Board during the term of this offering. On January 11, 2006, the last reported market sale price of our common stock was $0.028 per share. Our common stock is quoted on the Over-the-Counter Bulletin Board under the symbol “MSSI.OB”. These prices will fluctuate based on the demand for the shares of common stock.

Brokers or dealers effecting transactions in these shares should confirm that the shares are registered under the applicable state law or that an exemption from registration is available.

These securities are speculative and involve a high degree of risk.

Please refer to “Risk Factors” beginning on page 8.

No underwriter or person has been engaged to facilitate the sale of shares of common stock in this offering. This offering will terminate twenty-four (24) months after the accompanying registration statement (the “Registration Statement”) is declared effective by the U.S. Securities and Exchange Commission (the “SEC”). None of the proceeds from the sale of stock by the selling shareholders will be placed in escrow, trust or any similar account.

The SEC and state securities regulators have not approved or disapproved of these securities, or determined if this Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

The information in this Prospectus is not complete and may be changed. Neither the selling shareholders nor we may sell these securities until the Registration Statement filed with the SEC is effective. This Prospectus is not an offer to sell these securities and we are not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

The date of this Prospectus is _________________ __, 2006.
post #1086 of 1172
Press Release Source: Medical Staffing Solutions, Inc. (MSSI)


MSSI Receives Option Year Renewal with Cannon Air Force Base -New Mexico
Thursday August 17, 8:30 am ET


VIENNA, Va.--(BUSINESS WIRE)--Aug. 17, 2006--Medical Staffing Solutions, Inc. (OTCBB:MSSI - News), an established provider of medical personnel, technology services and homeland security products to government and commercial clients, is pleased to announce that its client, Cannon Air Force Base has exercised an additional option year with MSSI through its wholly-owned subsidiary, TeleScience International, Inc.

Under this specific contract Option Year Renewal, the company will provide Dental Assistant services to the air force base. MSSI presently and historically has provided these services to Cannon Air Force Base.

Dr. B.B. Sahay, Medical Staffing Solutions Chairman and CEO, stated, "Renewal and contract award season is fast-approaching with the government fiscal year starting on October 1st. We have several contract bids in the pipeline and are anxious to see the results of our efforts. Any such option year renewals are positive signs reflecting the solidarity of our services."
post #1087 of 1172
Good to see news on MSSI. Hopefully some of the other contracts mentioned in the PR will come through soon. Evidently the company does a good job for the hospitals as there are a lot of renewals of current contracts that would have expired. Go MSSI!
post #1088 of 1172
post #1089 of 1172
I thought this stock had a lot of potential and it may still have it, however the pps has steadily gone down since I purchased it. With all the renewals and contracts to furnish nurses to the medical facilities I had high hopes this stock would really increase in pps. Maybe the future is still bright, but it is taking a long time getting there IMO.
post #1090 of 1172
Sometimes we just have to wait a little longer than we planned to be paid off. I still have patience here.
post #1091 of 1172

looks like a value buy with potential

I'm going to start accumulating this.
Nursing is in demand.. this looks very good to me at this price.
post #1092 of 1172
NEWS OUT!

Medical Staffing Solutions, Inc. Signs Letter of Intent to Sell Nurses Onsite Corp.
VIENNA, Va., Sep. 12 /BusinessWire/ -- Medical Staffing Solutions, Inc. (OTCBB:MSSI), an established provider of medical personnel and technology services to government and commercial clients, announced that it has signed a Letter of Intent (LOI) to sell its wholly-owned subsidiary, Nurses Onsite Corp. (NOC).

On September 6, 2006, MSSI and NOC entered into the LOI with General Healthcare Resources, Inc. (GHR) pursuant to which GHR would acquire substantially all of the assets of NOC for an aggregate purchase price equal to Two Million Eight Hundred Fifty Thousand Dollars ($2,850,000). The transaction is subject to the satisfactory completion of due diligence and other conditions including the execution of a definitive agreement. The parties have agreed to execute a definitive Asset Purchase Agreement within sixty (60) days following the execution of the LOI.


Dr. Sahay, President and CEO of MSSI stated, "It is time for MSSI to re-organize and re-strategize. In the past year since the acquisition of NOC, MSSI stock has unexpectedly declined in value. We believe we can strengthen MSSI's overall position by selling Nurses Onsite Corp., stemming losses, and re-focusing on what MSSI-TeleScience has been doing for over a decade: government contracting."


Dr. Sahay further stated, "By acquiring NOC in 2005, our hope had been to diversify MSSI's service offering between the commercial and government sectors. What we came to find is that the two businesses are quite different, and the economies of scale we had hoped to achieve were not being realized. We believe that NOC, a per diem nurse staffing agency, will be a better fit with General Healthcare Resources, Inc. Pending final closing, MSSI will re-focus on the long-term government health care staffing arena, where unlimited opportunities exist. The government has proven to be an excellent customer for us, and has provided us a means to capture regular, long-term streams of revenue with relatively low-maintenance or additional overhead."


About MSSI-TeleScience


In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel and technology services to federal, state and local government agencies and to the private sector. The Company's Medical Services Division has operations in ten (10) 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.


For more information, visit the company's website at 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.
post #1093 of 1172
Interesting why this didn't go on that news. May be it's a slow mover so we need some days to see a significant increase in pps
post #1094 of 1172
Quote:
Originally Posted by botean
Interesting why this didn't go on that news. May be it's a slow mover so we need some days to see a significant increase in pps
Seems like it has been a lot of days since the last announcement and no more news. Really down from my original purchase.
post #1095 of 1172
The increase in shares really hurt this stock...not a good move by management.

I don't currently own shares here but was thinking about picking some up yesterday. This pps is way down.
post #1096 of 1172
Quote:
Originally Posted by OverDose
The increase in shares really hurt this stock...not a good move by management.

I don't currently own shares here but was thinking about picking some up yesterday. This pps is way down.
yeah it definitely hurt this company and the bad part is is they are a legit working company
post #1097 of 1172
Quote:
Originally Posted by QuestSolver
yeah it definitely hurt this company and the bad part is is they are a legit working company
I know they are a legitimate working company, but maybe they need to work a little harder to get new contracts and not just put out PRs about renewals. Renewals are good, but large contracts obtained recently are news and show the company is growing. Still in at .035.
post #1098 of 1172
Quote:
Originally Posted by TnJackie
I know they are a legitimate working company, but maybe they need to work a little harder to get new contracts and not just put out PRs about renewals. Renewals are good, but large contracts obtained recently are news and show the company is growing. Still in at .035.
You should average down here
0.0065 x 0.0075 now
post #1099 of 1172
Quote:
Originally Posted by TnJackie
I know they are a legitimate working company, but maybe they need to work a little harder to get new contracts and not just put out PRs about renewals. Renewals are good, but large contracts obtained recently are news and show the company is growing. Still in at .035.
.035....ouch!! Sorry...GLTY
post #1100 of 1172
I'm going to try to get in today at these levels ... hope to free some funds.
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