OPTIMIZERx (OTCPK: OPRX) announced today that it plans to partner with S&H Digital to launch the newest platform to assist in drug promotion and compliance: ADHERxE.
Full press release: OPTIMIZERx to Partner with Sudler and Hennessey.
Many people may not have heard of S&H Digital, but this is actually a very BIG development. S&H Digital is the interactive division of Sudler & Hennessey, which is one of the over 100 companies that make up the WPP GROUP (NASDAQ: WPPGY).
WPP Group, www.WPP.com is a global communications firm based out of London. WPP Group is one of the world's largest communications services groups, with more than 110,000 people working in over 2,000 offices in 106 countries.
WPP common shares are listed on the London Stock Exchange under the symbol WPP. American Depository Receipts (ADR) are traded in the United States on the NASDAQ under the symbol WPPGY.
This is a very important step for OPTIMIZERx as it further builds their brand and helps to put the company in front of every major pharmaceutical manufacturer on the planet.
Recently, OPTIMIZERx announced that they had received $3.5 million in funding from Midtown Partners & Co. LLC a FINRA member and SIPC Broker/Dealer. Given the current credit environment, this funding is looking even more impressive.
Full Press Release: OPTIMIZERx Closes $3.5M Funding
Stay tuned. This one could get interesting.
DISCLAIMER: I handle some public relations services for OPTIMIZERx and received a few restricted shares shortly after they became a public company. I have never sold any stock in this company and have no intention of doing so at this time. I just happen to really like the company and its management, so I agreed to help them on their public relations efforts, primarily regarding their press releases at this time.
Tuesday, September 30, 2008
Friday, September 19, 2008
CryoPort, Inc. (OTCBB: CYRX)
Over the past two weeks I have had numerous private clients and outside investors contact me requesting my opinion on CryoPort (OTCBB: CYRX) and when/if I would make additional comments. Back in the summer, I indicated that "if it became necessary" that I could become an agent of change in this situation. Again, this is only if necessary to protect the interest of my clients. As a Registered Investment Advisor, I have a responsibility to ensure that I am doing everything I can to properly oversee our investments and if it means that I need to get involved in additional ways, I will.
I have been gathering data over the last couple of months, and I am currently putting together an Equity Research Report that I intend to publish through my firm, Meehan Capital Management Group (www.meehancapital.com). My current intention is to publish this Equity Report in October and in the report, I will discuss various aspects of the stock, valuations, potential deals and pitfalls, current financial stability, future financial outlook and more. The names and trading symbols of companies that "I believe" could be doing business with CryoPort in the future will be included in my report.
I am hoping that we will hear some communications from the company before I issue the report as a detailed shareholder communication could clear some unresolved items that I have. I will attempt to once again reach out to company management and I hope that they will speak frankly with me as to the ongoings of the business. If they will not, I will utilize the best information that I have and make an opinion.
I have been told by the Company that the Annual Shareholder meeting will be discussed at the 4th Quarter Board of Directors meeting. Thus far, I have not received clarification as to whether it is "fiscal" 4th quarter or "calendar" 4th quarter (CryoPort's year end is 3/31). In the event that there is not a shareholder meeting held by the end of November, I am considering using the rules set forth in CryoPort's ByLaws to call a shareholder meeting utilizing the appropriate level of shareholder participation. The shareholder meeting will be open to all shareholders and I believe that if company management is forced to meet face to face with its sharholders, they will finally understand that investors want to see action NOW and put additional efforts into closing a deal.
For shareholders who are concerned with the lack of transparency being exhibited by this company, the only thing that I can say is to contact the company and let them know your concerns. I think that most investors out there understand my position by now, but the Equity Report will provide a clear explanation of my opinion of the stock.
In the meantime, I hope that everyone has weathered the current financial fiasco without too much stress and maybe even made a few bucks.
I have been gathering data over the last couple of months, and I am currently putting together an Equity Research Report that I intend to publish through my firm, Meehan Capital Management Group (www.meehancapital.com). My current intention is to publish this Equity Report in October and in the report, I will discuss various aspects of the stock, valuations, potential deals and pitfalls, current financial stability, future financial outlook and more. The names and trading symbols of companies that "I believe" could be doing business with CryoPort in the future will be included in my report.
I am hoping that we will hear some communications from the company before I issue the report as a detailed shareholder communication could clear some unresolved items that I have. I will attempt to once again reach out to company management and I hope that they will speak frankly with me as to the ongoings of the business. If they will not, I will utilize the best information that I have and make an opinion.
I have been told by the Company that the Annual Shareholder meeting will be discussed at the 4th Quarter Board of Directors meeting. Thus far, I have not received clarification as to whether it is "fiscal" 4th quarter or "calendar" 4th quarter (CryoPort's year end is 3/31). In the event that there is not a shareholder meeting held by the end of November, I am considering using the rules set forth in CryoPort's ByLaws to call a shareholder meeting utilizing the appropriate level of shareholder participation. The shareholder meeting will be open to all shareholders and I believe that if company management is forced to meet face to face with its sharholders, they will finally understand that investors want to see action NOW and put additional efforts into closing a deal.
For shareholders who are concerned with the lack of transparency being exhibited by this company, the only thing that I can say is to contact the company and let them know your concerns. I think that most investors out there understand my position by now, but the Equity Report will provide a clear explanation of my opinion of the stock.
In the meantime, I hope that everyone has weathered the current financial fiasco without too much stress and maybe even made a few bucks.
Thursday, September 4, 2008
Update: Gateway International Holdings
Just a quick update to make everyone aware that Gateway International Holdings has filed an ammended Form 10-12.
Amended Form 10-12G
I don't have anything to report at this time, other than it seems evident that management is moving through the process. Given that this is the 2nd amendment (3rd filing including the original submission), I am hopeful that the stock will be reporting and trading during the 3rd or 4th quarter of this year.
Should any positive news that can be reported come my way, I'll keep you posted.
Amended Form 10-12G
I don't have anything to report at this time, other than it seems evident that management is moving through the process. Given that this is the 2nd amendment (3rd filing including the original submission), I am hopeful that the stock will be reporting and trading during the 3rd or 4th quarter of this year.
Should any positive news that can be reported come my way, I'll keep you posted.
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