we have a product that is in a market place were the company can grow the product is the medipendant . we now have a new feature on the product witch is there is no home phone line necessary. the product is for the elderly or those with a disability that could require medical help. with this product they press the button and are connected to a ems operator who can call loved ones with the preprogramed numbers and the ems response team they will stay on the phone with the client until help arrives. this is a market that is growing globally and increases the amount of sales for this product.
our product is in Costco. we are in Ireland through smartmonitoring. we are in the process of going into china with jtt-ems ltd in bajing. jtt-ems gave a straight investment of 330,000. "This strategic investment is straight common equity in the Company, which must be held for an extended period of time. There are no warrants, options, or any other enhancements.
we have received audited financials for 2011 in a 10k and we received the first three qs of 2012 all other financials will be filed to bring us current with the sec.
at one point in 2011 the company was in dire straits and had a decision to make close the doors forever or not file the financials to the sec they chose not to file the financials with the sec witch Ron Adams says was the best decision and it has paid of big for the company . they are now in the process of becoming fully reporting again. it is just taking time. he has also stated that we are profitable for the 2013 calendar year. witch we will start see when wen get the 3rd and 4th q for fiscal 13.
this tiny company has made a 100% turn around under the management of ron adams.
this is all my opinion of course so please do your own dd on this matter