Daily Stock List
Workhorse Group, Inc. (WKHS)
Today we are reporting on Workhorse Group, Inc. (WKHS), here at the QualityStocks Daily Newsletter.
Workhorse Group, Inc. manufactures electric drive systems for medium-duty, class 3-6 commercial truck platforms. Workhorse Group purchased the assets of Workhorse Custom Chassis LLC from Navistar in March 2013. The Company can equip its Workhorse chassis with electric, gasoline, propane, or CNG engines. Workhorse Group has its headquarters in Cincinnati, Ohio.
The Company is the manufacturer of the E-GEN Workhorse truck. The EGen truck represents a zero-emissions, no-transmission, noise-free, smooth-driving, electric vehicle. The design of Workhorse E-GEN electric trucks are to meet the requirements and expectations of daily delivery duty cycles, and save delivery fleet buyers fuel and operational costs, significantly reducing total cost of ownership over the lifetime of the vehicle.
The E-GEN trucks are constructed on the new, narrow track W88 chassis. The E-GEN trucks come with a 60 kWh lithium ion battery pack featuring Panasonic 18650 cells, which provide power to a 2200 nm (268 bhp) permanent magnet motor strong enough to eliminate the need for a transmission. The design of AMP Workhorse E-GEN Trucks are to be cost effective, without the need for government voucher assistance.
Regarding E-GEN, the vehicle is powered by the electric motor when in motion. When stopped, and shifted into “Park”, a small internal combustion engine automatically turns on and functions as a generator to recharge the battery to its needed level.
Last week, Workhorse Group announced that it delivered two E-GEN Electric Trucks with Onboard Generator to a major transportation company. Deliveries are now being made to customers.
This week, Workhorse Group exhibited its E-GEN electric truck chassis and its Horsefly delivery drone at the Alternative Clean Transportation Expo, ACT Expo 2015, in Dallas, Texas, from May 4-7, 2015. The Company’s patent-pending E-GEN Truck Chassis with onboard generator has EPA approval. The onboard generator is a 2.4-Liter engine. The E-GEN electric truck with onboard generator eliminates range-anxiety usually found with electric vehicles.
Workhorse Group, Inc. (WKHS), closed Friday's trading session at $0.35, up 6.06%, on 60,000 volume with 21 trades. The average volume for the last 60 days is 39,254 and the stock's 52-week low/high is $0.095/$0.40.
Baristas Coffee Company, Inc. (BCCI)
PennyStockRumors.net and PricelessPennyStocks reported earlier on Baristas Coffee Company, Inc. (BCCI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Kent, Washington-based Baristas Coffee Company, Inc. formed to create a national brand of drive-thru espresso stands. The Company is accomplishing this through acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas Coffee Company is the largest and fastest growing costume-themed drive through Espresso Company in the nation. Baristas has also now started opening locations in shopping malls. The Company’s shares trade on the OTC Markets Group’s OTCQB.
Baristas Coffee Company can be found in seven greater Seattle area locations, and also in Florida, and Montana. It has company owned locations and has commenced franchising. The Company has its theme of joining attractive female baristas in entertaining costumes preparing premium beverages. Baristas provides its customers hot and cold beverages, specializing in specialty coffees, blended teas, and other custom drinks.
Furthermore, the Company offers smoothies, fresh-baked pastries, as well as other confections. In season, it adds beverages including hot apple cider, hot chocolate, frozen coffees, and more. Another revenue stream for Baristas is in promoting and selling Baristas™ merchandise; alluring calendars, mugs, t-shirts, and hats.
Last week, Baristas Coffee Company announced that its third shopping mall location has started its remodel in Johnstown, Pennsylvania, with eight state master franchise partner BMOC Partners. The location is a 1,000-square-foot inline space at the Johnstown Mall, Johnstown, Pennsylvania. BMOC is a regional hospitality and Franchise operations enterprise. BMOC’s founders have wide-ranging experience in creating, marketing, and running multiple franchise systems.
Mr. Barry Henthorn, Chief Executive Officer, stated, "The third opening of our new mall concept that encompasses not only Baristas famous specialty coffees but also a variety of food items such as the Hale and Hearty soup line is being embraced by the malls management and neighboring retail stores. The new location is just one of many that are in various stages of development and will represent the third location opened in under 60 days."
Baristas Coffee Company, Inc. (BCCI), closed Friday's trading session at $0.0158, up 4.64%, on 856,229 volume with 47 trades. The average volume for the last 60 days is 1,102,363 and the stock's 52-week low/high is $0.0145/$0.072.
Envision Solar International, Inc. (EVSI)
Greenbackers reported recently on Envision Solar International, Inc. (EVSI), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
San Diego, California-headquartered Envision Solar International, Inc. is a developer of solar products and proprietary technology solutions. These target three verticals: electric vehicle charging infrastructure; out of home advertising infrastructure; and renewable energy production and disaster preparedness. Envision Solar International’s shares trade on the OTC Markets’ OTCQB.
Envision Solar designs, manufactures, and deploys unique, proprietary, and architecturally accretive renewably energized, EV charging and Media and Branding systems with a Drag & Drop Infrastructure™ product line. The Company’s products include the patent pending EV ARC™, the patented Solar Tree® and Solar Tree® Socket™ arrays with EnvisionTrak™ patented solar tracking, SunCharge™ Column Integrated Electric Vehicle Charging Stations and ARC™ technology energy storage solutions.
Envision Solar has designed and incorporated EnvisionTrak, its proprietary and patented tracking solution, to the Solar Tree structure. It has deployed its latest generation of Solar Tree products, the Solar Tree HVLC (High Value, Low Cost) array. This new Solar Tree product incorporates its latest engineering and fabrication improvements. The Company’s Solar Tree® structure works as a billboard for a company’s green credentials while producing clean energy and improving the aesthetics of any parking lot.
The Solar Tree structure's canopy measures 35' x 35'. It can cover between six and eight parking spaces. Additionally, Envision Solar has developed a single parking space version of the product. It leverages the same technology, components, and architectural qualities. However, it is one eighth the size and less expensive.
The design of the Solar Tree Socket is for tight locations. It provides customers budget flexibility. It has been produced by Envision Solar to broaden the addressable market for its technology. The Solar Tree® Socket is a solution to create distinguished, sustainable real estate. The design of the Socket is to meet the needs of a wide assortment of applications, shading vehicles from the sun, reducing carbon footprints through the production of renewable energy, and advancing the infrastructure for electric vehicles.
The Company has also developed the aforementioned EV ARC™. Envision has observed that the EV ARC™ (Electric Vehicle Autonomous Renewable Charger) can solve many problems associated with electric vehicle charging infrastructure deployments. It believes it is a product with a potentially sizeable addressable market.
Last week, Envision Solar International announced that its EV ARC™ product is the specified product in an Invitation to Bid released by New York City's Citywide Administrative Services. Envision Solar has received numerous inquiries from vendors who are interested in purchasing EV ARC™ to fulfill the order.
Envision Solar International, Inc. (EVSI), closed Friday's trading session at $0.1799, up 1.58%, on 1,000 volume with 1 trade. The average volume for the last 60 days is 43,852 and the stock's 52-week low/high is $0.0851/$0.22.
TapImmune, Inc. (TPIV)
Stock News Now reported recently on TapImmune, Inc. (TPIV) and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
TapImmune, Inc. is a vaccine technologies company that specializes in the development of ground-breaking gene based immunotherapeutics and vaccines in the areas of oncology and infectious disease. The Company is developing TAP-based prophylactic vaccines commercially suitable for the prevention of infectious diseases and as Biodefense agents. It is developing cancer vaccines that combine the use of novel antigens together with its TAP expression technology. TapImmune is based in Seattle, Washington
The Company’s technology has comprehensive applications in developing therapeutic and preventative vaccines. TapImmune’s lead product candidates include peptide and nucleic acid-based vaccine technologies. The design of these technologies is to restore and/or augment antigen presentation and subsequent recognition and killing of cancer cells by the immune system.
The gene based TAP technology, as a vaccine component, has the potential to improve the efficacy of prophylactic and immunotherapeutic vaccines substantially. This is because it addresses a fundamental mechanism for T cell recognition and response. TAP expression additionally has the unique ability to enhance the effector function of mature killer T cells. This enhancement of effector function is potentially complementary to any/all vaccine approaches designed to enhance cellular responses.
TapImmune has developed an innovative, cost effective, immunotherapeutic vaccine expression and delivery system. The novel platform is named TapImmune's PolyStart™ technology. The PolyStart and PAA (Peptide Antigen Array) technologies are straight forwardly and easily managed as a fast, versatile, plugin-and-play system. This means they can be configured to produce peptides for any desired pathogen.
TapImmune's PolyStart™ technology has been strategically designed to directly enhance the immune system's ability to stimulate either or both cytotoxic killer and helper T-cell reactive proprietary peptides, known and expected to be associated with one, or any cancer, infectious disease, or bio-threat. The current emphasis of its PolyStart technology is on its cancer program (e.g., Her2/neu and folate receptor alpha antigens).
TapImmune is collaborating with the Vaccine & Gene Therapy Institute of Florida (VGTI Florida). This collaboration is to advance the present programs into Phase II clinical trials in both ovarian and breast cancers (triple negative and Her2 positive).
TapImmune announced this past February that Patrick D. Yeramian, MD, MBA, was appointed Consulting Medical Director. Dr. Yeramian will lead the Company’s clinical development programs for folate receptor alpha and Her2/neu multi-epitope cancer technologies. These technologies have been evaluated in Phase I trials for safety and immune responses in women with breast or ovarian cancer.
TapImmune, Inc. (TPIV), closed Friday's trading session at $0.50, up 3.09%, on 159,655 volume with 65 trades. The average volume for the last 60 days is 1,185,007 and the stock's 52-week low/high is $0.121/$1.71.
Drone Aviation Holding Corp. (DRNE)
Flagler Financial Group, PennyStocks24, RedChip, SuperNova Elite, OTC Markets Group, and Pumps and Dumps reported on Drone Aviation Holding Corp. (DRNE), and today we are reporting on the Company as well, here at the QualityStocks Daily Newsletter.
Drone Aviation Holding Corp. provides critical aerial and land based surveillance and communications solutions to government and commercial customers. The Company is a developer of specialized lighter-than-air aerostats and tethered drones. Drone Aviation’s unique Tethered Drones are currently being fielded to the U.S. Department of Defense and State and Local municipalities. Drone Aviation Holding is headquartered in Jacksonville, Florida. Drone Aviation Corp. is a wholly-owned subsidiary of Drone Aviation Holding.
The design of the Company’s BOLT and SPARK Drones are to fly for up to 24 hours and carry specialized Military grade surveillance equipment. Drone’s products also include the Winch Aerostat Small Platform (WASP). This is a mobile, tactical-sized aerostat capable of carrying an assortment of payloads in support of military operations. Typical applications include network communications and intelligence, surveillance, and reconnaissance.
Drone systems are designed and developed in-house using proprietary technologies and processes that result in compact, rapidly deployable aerostat solutions and mast based systems. Drone systems, employing an innovative tethering capability, operate in the National Airspace within Federal Aviation Administration (FAA) guidelines for safe operations.
In addition, Drone Aviation offers its Blimp in a Box (BiB). The BiB series of aerial surveillance systems are recognized as the most versatile and cost-effective balloon surveillance systems available.
The BiB 50 and 100 systems are first-class systems for municipal deployments for crowd management, incident response, and other heightened security situations. This is where aerial surveillance provides situational awareness, a force multiplier, command and control and evidential video.
Recently, Drone Aviation Holding announced that its wholly-owned subsidiary, Drone Aviation Corp. received an order for aerostat related equipment to support Blimp in a Box systems owned and operated by the U.S. Army. The aerostat related equipment includes lighter than air (LTA) helium based aerial assets. These assets will be used to support continuing solider training and operations.
Yesterday, Drone Aviation Holding announced that Drone Aviation Corp. received an order from specialized defense contractor Troll Systems for a set of Winch Aerostat Small Platform (WASP) aerostat systems. Under terms of the award, Drone Aviation Corp. and Troll will jointly form a working group to integrate the L-3 Wescam MX-10 advanced optical sensor system into the WASP platform for an international customer. The working group plans on starting integration this month with first flight testing expected to occur by Q3 2015.
Drone Aviation Holding Corp. (DRNE), closed Friday's trading session at $0.175, up 2.94%, on 271,778 volume with 51 trades. The average volume for the last 60 days is 673,105 and the stock's 52-week low/high is $0.121/$1.30.
QS Energy, Inc. (QSEP)
The QualityStocks Daily Newsletter would like to spotlight QS Energy, Inc. (QSEP). Today, QS Energy, Inc. closed trading at $0.27938, up 3.47%, on 48,018 volume with 16 trades. The stock’s average daily volume over the past 60 days is 2,526, and its 52-week low/high is $0.21/$0.741.
QS Energy, Inc. (QSEP) provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading crude oil production and transportation entities, QSEP's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production.
In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QSEP combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors. QSEP's flagship product, AOT (Applied Oil Technology) improves the economics of transporting crude oil by reducing the viscosity of oil in pipelines. Once deployed on pipeline pumping stations, production and transportation companies benefit from the safer, more cost-effective delivery of greater volumes of oil while reducing energy consumption at pumping stations and lowering CO2 emissions.
The AOT technology is the result of years of research conducted at Temple University (Philadelphia, Penn.) and is the world's first ASME-certified industrial hardware to use the principles of electrorheology, the study of applying non-uniform electrical fields to change the mechanical behavior of fluids, to significantly reduce the viscosity of crude oil within pipelines during maximum flow conditions. Field tested by the U.S. Department of Energy, independent testing laboratories such as ATS RheoSystems and fabricated to exacting industry standards by QSEP's supply chain partners, the efficacy of AOT to increase flow rates, prevent bottlenecks, reduce pump station power consumption, enhance pipeline integrity and optimize flow assurance has been proven repeatedly in the lab and on a 300,000 barrel per day pipeline.
QSEP is also commercializing STWA Joule Heat, an energy-efficient technology for heating crude oil in pipelines to improve flow. Unlike traditional trace heating systems which generate heat via a resistive trace heating element which transfers energy into the oil, the QSEP solution applies an electrical field directly to oil, generating heat within the flow itself. The result is optimal heat conductivity and performance with less power and in a smaller form factor.
Guided by a dynamic management team led by Greggory Bigger, Chief Executive Officer, Chairman and a strong independent board of directors of energy industry veterans, QSEP is a revenue generating company with a solid cash position, clean balance sheet and a proven ability to develop and deliver industrial-grade equipment that support the company's mission and enhance shareholder value. As the exclusive licensee of oil viscosity reduction processes developed at Temple University and owner of 48 worldwide patents related to the use of electricity to change the mechanical behavior of oil and liquid natural gas, QSEP is well-positioned to capitalize on the explosive growth opportunities in the global crude oil production and transportation sector. Disclaimer
QS Energy, Inc. Company Blog
QS Energy, Inc. News:
QS Energy, Inc. (QSEP), Formerly Save the World Air, Inc., Announces New Corporate Identity and Updated Business Strategy
Save the World Air, Inc. D/B/A STWA Announces Corporate Name Change to QS Energy, Inc.
STWA Launches Special Purpose Vehicle -- QS Energy Pool -- to Pursue Acquisition Strategy
Fastfunds Financial Corp. (FFFC)
The QualityStocks Daily Newsletter would like to spotlight Fastfunds Financial Corp. (FFFC). Today, Fastfunds Financial Corp. closed trading at $0.0003, even for the day, on 31,430,974 volume with 29 trades. The stock’s average daily volume over the past 60 days is 15,878,043, and its 52-week low/high is $0.0001/$0.18.
Fastfunds Financial Corp. provided a series of updates today on its The Tommy Cong Green Card, a pre-paid loyalty debit card with a turnkey customer rewards technology, which also functions as a reloadable stored value card that can be used to purchase merchandise at the participating dispensary. Including that brand manager and marketing specialist, Soren Holdings and Marketing, will be in attendance at the Seattle Washington Hempfest from August 14-16, 2015; and will be available for meetings and discussions providing information regarding the TCGC, and that the tommychonggreencard.com website is presently undergoing revisions and updates that are slated for completion within 30 days.
Fastfunds Financial Corp. (FFFC) operates through two wholly owned subsidiaries, Cannabis Angel, Inc. and The 420 Development Corporation, to build a portfolio of revenue-generating companies that provide ancillary services to the burgeoning cannabis industry. The company also operates majority-owned subsidiary Financiera Moderna, Inc., which offers financial services to the underserved Hispanic community. FFFC's strategy to participate in the marijuana industry is through the development of four separate business verticals for the emerging U.S. cannabis industry.
Through its 49% stake in Cannabis Merchant Financial Solutions, Inc. (CMFS), FFFC entered the Financial Service business vertical. CMFS developed the Green Card and Tommy Chong Green Card, a reloadable stored value card with a rewards feature, and the Tommy Chong Frequent Buyers Card, which functions as a gift card or rewards card. FFFC is developing a national group of master resellers, distributors and sales representatives for these card products.
As the cannabis industry continues to develop, FFFC is partaking in Plant Botany, specifically the development of methods and technologies to significantly enhance plant growth and purity. Under an operating agreement with Sanidor Systems to create Pure Grow Systems, LLC, FFFC acquired a 49% interest in the subsidiary, which is dedicated to the healthy production and processing of raw materials used for medicinal or other health related purposes.
The cannabis industry is a cash-only business, which leaves companies vulnerable to criminal activities. FFFC plans to address this issue and enter the Security Services and Equipment sector through the acquisition of an existing, operational security company. FFFC owns a 70% stake in Ohio-based Brawnstone Security, Inc., a diversified security, training and investigations company. FFFC's research shows that operating margins for cannabis-related security services could exceed current billing levels by at least 100%.
FFFC's Cannabis Angel, Inc. ("CA") subsidiary will evaluate and provide corporate development services and early seed financing for worthwhile development-stage cannabis ventures. To date, CA has made investments in companies involved in the distribution of cannabis-related products and development of a social media website. It is important to note that all of FFFCs activities in the cannabis industry are ancillary, or pick and shovel, and are evaluated to insure compliance with all state and federal Laws. Disclaimer
Fastfunds Financial Corp. Company Blog
Fastfunds Financial Corp. News:
Fastfunds Financial Corporation Provides Update On Tommy Chong Green Card
Fastfunds Financial Corporation Subsidiary Pure Grow Systems, LLC to Showcase Its State of the Art Antimicrobial Sanitation System for Grow Facilities at Forthcoming Seattle Hempfest
Fastfunds Financial Corporation Subsidiary Pure Grow Systems, LLC Announces Expansion of Marketing Capabilities with Product Label Approval in The States of Washington & Wisconsin
Wisdom Homes of America, Inc. (WOFA)
The QualityStocks Daily Newsletter would like to spotlight Wisdom Homes of America, Inc. (WOFA). Today, Wisdom Homes of America, Inc. closed trading at $0.0075, up 22.95%, on 660,000 volume with 21 trades. The stock’s average daily volume over the past 60 days is 253,230, and its 52-week low/high is $0.006/$0.17.
Wisdom Homes of America, Inc. (WOFA) opens and operates manufactured home retail centers and is expanding into land/home packages. WOFA's revenue-generating growth model calls for expansion in the retail sector through the addition of related services and the opening of new retail centers in Texas, which sells 3x more manufactured homes than any other state. Revenue related services includes selling land/home packages, providing mortgage origination products and insurance services to homebuyers.
Push aside any stigma you have with mobile homes of the past; WOFA's manufactured homes are systematically engineered and designed with cutting-edge, computerized technology to deliver a superior level of exceptional quality, structure and affordability. Featuring wrap-around porches, vaulted ceilings, wood floors, rock fireplaces and 1,800-2,500-square foot floor plans, today's manufactured homes are second-to-none.
Another consumer appeal is cost; buying a new, aesthetically pleasing manufactured home is often less expensive than conventional housing. In fact, cost savings are up to 60% less per square foot than conventional site-built homes. While homebuyers can choose from many of WOFA's pre-existing floor plans, they can also customize the layout of their new home to fit their lifestyle and budget. Manufactured homes are customizable in arguably more ways than stick built homes. Additionally, each home meets strict HUD standards before it is ever shipped.
The manufactured housing industry is growing. In 2014 the sales of new manufactured homes exceeded $4.1 billion up from $3.8 billion in 2013. And that number is estimated to reach $4.5 billion in 2015. The industry growth is driven by demand for quality, affordable housing. WOFA also sees an adjacent market opportunity of approximately $10 billion annually in real estate acquisition, site preparations, ancillary services, and lending and lease communities for the manufactured housing industry that requires financing capital. By offering a superior product and adding new retail center locations throughout the State of Texas, WOFA is well-positioned to capture its share of the rapidly growing manufactured home market. Disclaimer
Wisdom Homes of America, Inc. Company Blog
Wisdom Homes of America, Inc. News:
Wisdom Homes Highlights Increase in Land/Home Buyers; Begins Closing Higher Revenue Transactions With Faster Turn Cycles
Investors Can Benefit from US Median Incomes Falling & Housing Crash
Wisdom Homes of America, Inc. (WOFA) CEO Featured in Exclusive QualityStocks Interview
Growblox Sciences, Inc. (GBLX)
The QualityStocks Daily Newsletter would like to spotlight Growblox Sciences, Inc. (GBLX). Today, Growblox Sciences, Inc. closed trading at $0.3199, up 10.31%, on 34,302 volume with 11 trades. The stock’s average daily volume over the past 60 days is 65,591, and its 52-week low/high is $0.151/$1.51.
Growblox Sciences, Inc. (GBLX), a biopharmaceutical research and development company, is focused on creating safe, standardized pharmaceutical-grade cannabis-based therapies for various medical conditions. The company is pioneering technology, industry-leading processes, and a big data-driven clinical research and development algorithm to bring relief to patients in communities across the country.
The company’s GrowBLOX technology suite includes the TissueBLOX, GrowBLOX, and CureBLOX equipment. Together, these components provide unparalleled control and monitoring of cannabis cultivation throughout the plant's life-cycle. These patent pending processes were designed to produce a safe and consistent cannabis product under cGMP guidelines. Utilizing a computer-regulated system that optimizes the nutrients, water, temperature, and gas levels, the GrowBLOX suite produces cannabis with more active ingredients per pound than traditional cultivation methods.
Also, based on an analysis of preclinical and clinical data from thousands of peer-reviewed studies, Growblox Sciences has identified the most effective profiles of cannabinoids and terpenes for the treatment of conditions within seven therapeutic categories. As a result of this extensive research and the analysis of the active ingredient profiles of 30,000 Cannabis strains in conjunction with a major testing lab, the company will be able to provide patients with natural cannabis strains containing the ideal ratios for treating specific diseases or symptoms.
Another significant advantage held by the company stems from an accelerated drug development program to finish in 3-5 years instead of the 15-20 years typically seen in traditional pharmaceutical development programs. Armed with an intellectual property strategy that takes full advantage of the design of the GrowBLOX technology suite and protects the valuable foundation laid, Growblox Sciences has positioned itself well for long-term success in the burgeoning cannabis space. Disclaimer
Growblox Sciences, Inc. Company Blog
Growblox Sciences, Inc. News:
GrowBLOX Sciences is Making Big Moves in Anticipation of Opening Nevada Cultivation Facility
GrowBLOX Receives Funding to Complete Construction of Nevada Cultivation Facility
GrowBLOX Announces Deployment of Commercial Units
MIT Holding (MITD)
The QualityStocks Daily Newsletter would like to spotlight MIT Holding (MITD). Today, MIT Holding closed trading at $0.04, even for the day, on 3,250 volume with 1 trade. The stock’s average daily volume over the past 60 days is 8,429, and its 52-week low/high is $0.03/$0.20.
MIT Holding (MITD), through its agents, facilitators and contractual obligations, offers professional outpatient medical care with ambulatory infusion therapies, home infusion services, and medical equipment delivery. The company is also pursuing government contacts to obtain approval to import pharmaceutical products into the Americas.
In support of these core services, MIT Holding provides expert legal, accounting, advisory and educational services to physicians, medical centers, hospitals, small and large businesses regarding the Affordable Care Act; offers travel and transportation services of medically challenged patients for medical needs and personal travel; and through its contracts is approved to, conduct and administer FDA clinical trials.
Collectively, these services contribute to MIT Holding’s strategy to provide custom prescription solutions in a variety of methods and generate multiple revenue streams. Following a successful reorganization initiative in January, 2014, MIT Holding is positioned to achieve 32% minimum net profits and has maintained profitability in its fiscal second and third quarters. This profitability validates the company’s business model and its approach to the evolving Affordable Health Care Act and its impact on the health services industry.
MIT Holding meets and/or exceeds major U.S. health insurance requirements and is therefore able to direct bill and receive payments from carriers on behalf of the patient its agents and its facilitators. This ability marks an important step in the company’s goal of developing the first-of-its-kind seamless transition for patient needs from hospital discharge to complete home recovery. This and other corporate initiatives are spearheaded by a management team committed to building shareholder value, revenues and corporate expansion while providing viable solutions to the perpetual changes in the health care sector. Disclaimer
MIT Holding Company Blog
MIT Holding News:
MIT Holding Achieves Positive Net Income From Operations in 2014
MIT Holding (MITD) Launches New Website with Investor Relations Suite
MIT Holding, Inc. Names Tommy J. Duncan as President
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