or Connect
HotStockMarket › Forums › HSM Stock Forum › Penny Stocks › VHGI - VirtualHealth Technologies Inc
New Posts  All Forums:Forum Nav:

VHGI - VirtualHealth Technologies Inc - Page 3

post #41 of 281
Our Practice Management Solutions offer your practice Power:

•The Power to enhance patient care and satisfaction.
•The Power to allow you to control costs.
•The Power to allow you to control costs.
MOS streamlines all of your practice management tasks in an orderly and effective way. It improves staff efficiency and eliminates repetitive, manual tasks. MOS stores, retrieves and delivers information that once required paper, folders, charts, appointment books, file cabinets and hours of manual labor. All billing, insurance claims, statements, reports, scheduling and recalls are now handled quickly and automatically.

MOS information management systems are scaleable from single physician practices to large multi-specialty groups, Management Service Organizations and Physician Practice Management. Other MOS specialty areas include Full Risk Managed Care, Billing Services, Orthotic and Prosthetic Organizations.
post #42 of 281
Realizing the eventual immersion of physicians into the truly digital office, MOS recently added Electronic Medical Records (EMR) as part of it's service offerring to their clients. Considering the complexity of the field, they opted to partner with two leaders in the industry and create two very powerful soultions; Each bringing their unique qualities to MOS's clients. Each EMR solution can seamlessly interface with the MOS Practice Management System (PMS) and transmit pertinent client data bi-directionally from both systems.
post #43 of 281
Phase I Testing

Over the next few weeks VHGI intends to initiate Phase I of our Gold Production Plan at Treasure Gulch. The plan calls for surface ore deposits to be sent to an analytical laboratory to determine the best possible gold extraction methodology, as well as a short-term structure sampling program to determine the value of the subterranean holdings as to the possible quantity and grade of Gold Bearing Ore that could be extracted. Both options could potentially produce first gold in 30 to 60 days on a laboratory scale. Supervision of this work has already been contracted for by VHGI Gold

Phases II & III Gold Production
post #44 of 281
Phase I Testing

Over the next few weeks VHGI intends to initiate Phase I of our Gold Production Plan at Treasure Gulch. The plan calls for surface ore deposits to be sent to an analytical laboratory to determine the best possible gold extraction methodology, as well as a short-term structure sampling program to determine the value of the subterranean holdings as to the possible quantity and grade of Gold Bearing Ore that could be extracted. Both options could potentially produce first gold in 30 to 60 days on a laboratory scale. Supervision of this work has already been contracted for by VHGI Gold
post #45 of 281
Phases II & III Gold Production

"The next step is for VHGI to construct a small 'pre-production' facility complete with a small test plant facility as we evaluate how quickly we can complete a 'full-scale' 6 ton per hour hard rock processing facility to implement full production," continued Renfro. "We are presently evaluating 12 month pro-forma financial models that show us to be cash flow positive within 120 days of commencing operations with first year revenues of $4.7 million and earnings of $3.4 million; second year revenues and income are forecast higher as the bulk of the expenses come from the initial construction costs."

In a related note VHGI said they hope to release details confirming VHGI Gold management appointments within the coming weeks

About VHGI and VHGI Gold

VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining Industry and intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures. Investors are invited to obtain information concerning our operations at http://www.virtualhealthtechnologies.com/ or http://www.vhgigold.com/ or by calling shareholder relations at 859-514-6982
post #46 of 281
Project location as indicated above. VHGI Gold (a wholly owned subsidiary of VHGI) has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining, Precious Metals and Energy Production Markets. Although Gold is selling at 25 year high prices and Oil & Gas continue to be trading at significant premiums, global economic events have created significant opportunities within these markets. Assets can be acquired at significant discounts, and VHGI intends to pursue these opportunities through Lease-Purchase opportunities, Property Acquisitions and Joint Ventures.
post #47 of 281
VHGI announced that they have reached a mutual understanding and verbal agreement in principle to sell secure data and messaging provider, Secure eHealth, LLC, and certain other technology assets to Wound Management Technologies, Inc. (OTC: WNDM) (BULLETIN BOARD: WNDM) . Both parties have completed the due diligence process, agreed to the price and terms and are currently drafting definitive documentation on this transaction with an expectation to close the transaction within the next two weeks. In addition to the sale of Secure eHealth, VHGI will also be transferring all of the intellectual property assets of the real-time prescription drug monitoring company Veriscrip and the Private Access Convertible Note and Agreements. Wound Care Innovations, a WNDM subsidiary, currently licenses the Cifra solution from Secure eHealth and will initially use this highly secure messaging system, document courier and database to share and compile information for ongoing evidence based case studies on its patented collagen CellerateRx® products for treating diabetic wounds. According to Jim Renfro, President of VirtualHealth Technologies, "The time was right for VHGI to divest itself of Secure eHealth, our primary focus now is on the building of shareholder value by directing our efforts where the market is providing the greatest opportunity." Renfro continues, "For now that direction is the development of our gold mining assets which promise to have tremendous value in a relatively short amount of time."

As currently negotiated, the terms of acquisition will include $100,000 in cash and a note for $400,000 also included is Wound Management's purchasing of VirtualHealth's convertible note and agreements with Private Access, Inc., the Irvine based innovator in privacy-enhanced search technology and licensee of Secure eHealth's System Tray Notifier. However, VHGI will retain its near 5% ownership interest in Private Access which was received under the original investment into Private Access. A royalty agreement will also be established for VHGI relative to any business acquired by Secure eHealth using the Veriscrip real-time prescription drug monitoring technology. Specific details will be set forth in the definitive transaction documents. Closing of the transaction is dependent on the successful negotiation and execution of the definitive transaction documents.

For VHGI Shareholder Information please call 859-514-6982
post #48 of 281
VHGI System Tray Notifier:
The VHGI System Tray Notifier (STN) is an application that will help keep you up to date on the latest VHGI news and stock reports. It also links back to the website for product information. The VHGI STN works by auto installing to the system tray of your desktop and popping up periodic messages that you may click on for more information.

The STN is simple to use and highly configurable. You may choose how you would like your messages displayed: either with a pop-up window or with the cube, which is an animated cube that floats on your desktop. Clicking on a cube face will direct you to the appropriate location.
post #49 of 281
Division of VGHI: SECURE e-HEALTH, LLC, provides a suite of companion products to the health care community that can either replace or greatly enhance any existing platform. Through a series of unique applications Secure eHealth gives healthcare providers the ability to collaborate with one another like never before by providing access to their most critical and confidential information, quickly and securely. Secure eHealth's applications can be seen in a wide spectrum of use throughout healthcare from private practices sharing patient information to use in clinical trials and disease management. With a secure and trusted network, anything is possible.
post #50 of 281
Division ofVHGI: SECURE e-HEALTH, LLC, provides a suite of companion products to the health care community that can either replace or greatly enhance any existing platform. Through a series of unique applications Secure eHealth gives healthcare providers the ability to collaborate with one another like never before by providing access to their most critical and confidential information, quickly and securely. Secure eHealth's applications can be seen in a wide spectrum of use throughout healthcare from private practices sharing patient information to use in clinical trials and disease management. With a secure and trusted network, anything is possible.
post #51 of 281
Division of VHGI:
Making Real Time Prescription Drug Monitoring a Reality

Veriscrip provides a turnkey solution for state regulatory authorities to move their current manual and paper-based processes for the monitoring of controlled substance prescription drugs to a real time electronic platform where they have access to current information instead of reports on retrospective data. It was created by a team with more than 50 years of combined health care systems experience. It is the only real time system sanctioned and compensated by a state regulatory agency in the U.S.. Veriscrip is the integration of best-of-breed components, resulting in a practical, security-based system that is easy-to-use and that provides immediate results.



Single Focus

Unlike many potential competitors, Veriscrip™ has one focus, which is the provision of prescription compliance solutions to regulatory agencies. By maintaining a simple focus we maximize our resources and are capable of tailoring our solutions to meet the growing and changing requirements in this developing market.



First to Market

Veriscrip's pilot project in Kentucky was the first state-backed real time electronic scheduled prescription drug monitoring and prescribing project in the United States. This unique experience provided the Company with an unprecedented opportunity to work directly with regulators and state government to fine tune our overall product offering, and to provide an exceptional advantage to other states interested in upgrading their existing retrospective programs to a real-time system.



Unique Model

Veriscrip has exclusive security-based connectivity and connects with state-of-the-art e-prescribing platforms. Part of our uniqueness is our patent-pending security and identity management system. Transactions are monitored, audited and traceable throughout the entire process from the generation of the prescription to the filling at the pharmacy and delivery to a patient.



Benefits of the Veriscrip™ Solution

Regulatory Agencies benefit from true real-time data for monitoring controlled substance prescription drugs - not just real-time access to retrospective data that is sometimes weeks old. We understand that investigation and enforcement are only as effective as the data they rely on and as a result we provide essential information when it is most needed - as events happen.

Prescribers are provided reliable information on the drugs they prescribe as well as controlled access to the history of their patients, potentially avoiding costly and sometimes catastrophic results. Increased decision support means increased production and for any practitioner that means more time focusing on their patients.

Pharmacies have a greater sense of confidence when filling prescriptions through Veriscrip because they can be assured that the integrity of that transaction has not been compromised anywhere in the process and that the transmission of that data surpasses today's privacy requirements.

Health Care Networks and Communities benefit from Veriscrip's use of e-prescribing platforms. This supports current initiatives to enable health information networks between all providers, patients and insurers as they migrate towards EMR integration. In addition to using e-prescribing to comply with controlled substance prescription monitoring programs, they will also be able to use it for all prescriptions, supporting EMR initiatives.
post #52 of 281
awfully weak recently...if .15 doesnt hold up near term this may be headed to .11 or even a new low in the single digits...




post #53 of 281
nformation Testimonials
Testimonials
"We have found Cellerate to be an excellent wound healing modality and use it regularly in our practice. The clinical results we have observed have validated the science behind the product. I would highly recommend Cellerate to any conscientious wound care provider."

Desmond P. Bell, Jr., DPM, CWS, FACCWS, FAPWCA
Director of First Coast Diabetic Foot & Wound Management Center, Jacksonville, FL;
Co-Founder & President of Save a Leg - Save a Life (SALSAL) Foundation


"I have been using CellerateRX® in my wound care protocols for over 5 years now and it is an essential part of my wound care treatments for success. I am excited to be able to show practitioners the many ways CellerateRX® can be used in their wound care practice, especially with difficult or challenging wounds such as diabetic ulcers."

Jane Fore, MD, FAPWCA, FACCWS
Medical Director, Tri-State Wound Care & Hyperbaric Center, Clarkston, WA
post #54 of 281
looks like they maybe slowly getting out of the health business to concentrate more on gold...
post #55 of 281
looks like WNDM might be the play here...we'll see..


Wound Management Technologies Announces Strategic Acquisition of Secure eHealth, LLC to Further Strengthen its Foothold in the HealthCare Industry
Virtualhealth Technologies, Inc.Wound Management Technologies, Inc.


Wound Management Technologies, Inc.

FORT WORTH, Texas, Jan. 11 /PRNewswire-FirstCall/ -- Wound Management Technologies, Inc. (OTC Bulletin Board: WNDM) announced today that they have reached a mutual understanding and verbal agreement in principle to acquire secure data and messaging provider, Secure eHealth, LLC, and certain other technology assets from VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI).  The parties have completed the due diligence process, agreed to the price and terms and are currently drafting and negotiating definitive documentation on this transaction and expect to close the transaction within the next two weeks.  In addition to acquiring  Secure eHealth, Wound Management will also be acquiring from VHGI all of the intellectual property assets of the real-time prescription drug monitoring company Veriscrip and the Private Access Convertible Note and Agreements. Wound Care Innovations, a WNDM subsidiary, currently licenses the Cifra solution from Secure eHealth and will initially use this highly secure messaging system, document courier and database to share and compile information for ongoing evidence based case studies on its patented collagen CellerateRx® products for treating diabetic wounds.



"Following a series of extensive discussions, the management of both companies agreed that with Wound Management's focus being primarily on product development and with its ongoing involvement in clinical trials for the diabetic community, Secure eHealth was an obvious fit for executing its strategy going forward," stated Scott Haire, CEO of Wound Management Technologies. "Given the fact that the key component in Veriscrip is the security platform it only made sense that Veriscrip's assets be transferred as well in the transaction. Our next benchmark is to become profitable in 2010 and bring earnings to the bottom line as quickly as possible."
post #56 of 281
VHGI NEWS OUT

VHGI Announces Letter of Intent to Acquire 2,628 Acres and Related Mining Claims and Equipment in Alaska which include Significant Potential Gold Reserves
LEXINGTON, Ky., Feb 08, 2010 /PRNewswire via COMTEX/ -- VirtualHealth Technologies, Inc. /quotes/comstock/11k!vhgi (VHGI 0.19, 0.00, 0.00%) announced today that its subsidiary, VHGI Gold, LLC, has entered into a letter of intent to purchase certain acreage, mining claims and equipment pertaining to the Ganes Creek Mine in Alaska from C.W. Properties, LLC and Clark-Wiltz Mining Partnership. The potential gold reserves are estimated at over 500,000 ounces, although such amount has not been verified nor has VHGI undertaken an analysis of the feasibility of mining such reserves, both of which will be analyzed in detail prior to the closing. According to Jim Renfro, VHGI President, "We are excited to have this opportunity to work with the experienced group of C.W. Properties. This is a significant step for us to confirm our direction and our efforts to focus in the gold industry." Renfro continues, "We feel that with the increased spending of our Federal Government that gold is going to be an asset that will only increase in value and by possessing these assets VHGI will help to increase its shareholder value."

The purchase price for this transaction is $16,000,000, which will be payable in two tranches of $8,000,000 each, with the first tranche being due and payable no later than June 1, 2010. VHGI is in discussion with two financial partners to provide funding for such transaction. Closing of the transaction is contingent on a number of things, including without limitation, satisfactory completion of due diligence by VHGI Gold, obtaining financing for the transaction, and the negotiation and execution of a definitive purchase agreement in form and substance mutually agreeable to VHGI Gold and the sellers. There can be no assurance that such transaction will be consummated or the final terms of such transaction.

For VHGI Shareholder Information please call 859-514-6982.

About VHGI and VHGI Gold

VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining Industry and intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures. Investors are invited to obtain information concerning our operations at http://www.virtualhealthtechnologies.com or http://www.vhgigold.com or by calling shareholder relations at 859-514-6982.

Safe Harbor Statement:

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development and any other statements not constituting historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks, contingencies and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

SOURCE VirtualHealth Technologies, Inc.
post #57 of 281
I will be keeping an eye on this one, it looks like they are getting ready to make some big plays to shoot the PPS much higher. DOing some DD today and for the rest of this week.
post #58 of 281
VHGI - looks like it is going to gap up today
post #59 of 281
VHGI*is an interesting play because it is capitalizing on TWO sectors that have made traders terrific profits.


(1) Healthcare:* The Company acquired Medical Office Software, Inc. which is engaged in physician practice management.* In November 2009, the Company entered into an agreement to sell*divest healthcare related assets - which has yet to be approved and consemated - where the terms of the transaction include $1 Million in cash and debt, 4 Million shares of WNDM stock (trading around current lows of* $1.05 to $3.85 over the past year) and a royalty agreement for continued revenues to the Company.

(2) Metal Exploration:* Through its wholly owned subsidiary, VHGI Gold, has acquired a Lease-Purchase Option Agreement for a gold mine with total calculated gross recoverable value estimated between $35 million and $55 million (based upon an average price of gold at $800/oz. and $1200/oz. respectively)
post #60 of 281
I agree completely. Both of those are great prfit making places to be right now, and I think that will continue for the time being. This one looks fantastic to me so far, JMHO.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Penny Stocks
HotStockMarket › Forums › HSM Stock Forum › Penny Stocks › VHGI - VirtualHealth Technologies Inc