A look at how BG’s technology is changing the la
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Zacks.com is one of my favorite investing sites. It’s packed with great information. Solid and reliable DD. Zacks’ staff writers are some of the best in the industry. Steve Reitmeister and Mitch Zacks are two of my favorites investment managers.
Mitch wrote an article today, titled, “New Report Predicts Strong Bullish Move.” I feel it's spot-on with the direction
Angel is pointing BG, here’s an excerpt:
Quote:
“Bull Case for This Market
None other than Larry Summers, the former Secretary of the Treasury, advanced the Bull Case for the stock market to defy those calling for a correction. He predicts it will continue to head substantially higher. Summers' bull-market case is fascinating.
His thesis is that the economy has structurally changed. This change is basically that capital and labor are no longer complementary.
In the past, to produce goods you needed people, and people needed machines to produce goods. If you were running an automobile factory in the 1950's, you needed assembly line workers plus the machines or capital that were used by the people.
What Larry Summers is proposing is that, starting in the late 90's, capital began to be not a complement but a substitute for labor. Essentially, the automobile factory no longer needs the same ratio of people to machines. Effectively, the people making the cars can be replaced with technology.
An Accelerating Trend
More and more, technology is serving as a substitute for labor. Think of all the travel agents that were replaced by the Internet. What about the book store clerks whose jobs were destroyed by Amazon, or the newspaper delivery boys being put out of business by iPhones?”
Helping more people, with fewer assets. Putting power into the consumer’s hands. - The bottom line here.
How does that compare to what BG Medical Technologies, Inc. is doing? I believe for starters, very well…
Present: “BudGenius.com, an online medical marijuana testing and laboratory system developed by BG Medical Technologies, Inc. (OTC:RIGH), has upgraded its cannabis strain management features and online services. Clients utilizing BudGenius' testing services are given a marketing edge with new online tools for more efficient strain management. BudGenius has also opened their system to all dispensaries and mobile cannabis delivery services nationwide. – BudGenius”
In Development: “An online physician will analyze diagnostics sent through the internet and send daily updates. Software developed by BG Medical will find the most convenient ordering options and track history of all recommendations. – BG Vision/Planner”
In Development : "BG Medical Technologies (OTC: RIGH) has announced development of a USB-enabled diagnostic support device that will facilitate patients suffering from critical illnesses such as cancer, to match the most effective plant variants for physician-recommended medical marijuana treatments. The device will collect patient data in a non-invasive manner by detecting subtle shifts in the patient's physiology and then upload encrypted data to HIPAA-compliant servers for further analysis and physician review. Physicians will interact with patients and data history through a bundled video conferencing application. This will offer patients the ability to discreetly pursue medical marijuana treatment from the privacy of their home. For states with telemedicine restrictions, services will be made available for use within physician offices. This system also seeks to improve medical marijuana treatment programs by involving physicians more than once per year to better evaluate treatment effectiveness and applicability.
The diagnostic support system works in tandem with BG Medical's BudGenius.com laboratory research and ongoing data collection to identify marijuana strains that present the most beneficial ratios of medicinal compounds that are likely to best serve the patient's needs. Medicine locator services will also be used to locate cannabis strains currently available within the patient's travel radius. BudGenius services will continue to be expanded with new features to support the diagnostic system development, and will be further enhanced with new technology partnerships. BG Medical has stated that this announcement fulfills another component of their "natural medicine trifecta", an empirical data approach to administering natural medical marijuana treatments, as detailed in their product strategy guide. - BG Diagnostics"
In Development : "BG Medical Technologies is introducing safe and affordable alternatives to traditional healthcare with Internet-based applications that support nutraceutical and medical marijuana treatments. Recently the company announced development of a diagnostic device that is designed to provide physicians with data to chart medical marijuana effectiveness over time. These systems will be made available to marijuana-recommending doctors and will include the ability to instantly link diagnostic data to a remote network of naturopathy doctors for further on-site and remote patient care. Patients will be apprised of additional diagnostic findings and be given the option to pursue adjunct natural therapies in addition to medical marijuana treatments.
"We've all had the experience of having our car serviced for a noticeable problem only to learn that once the mechanic examined under the hood, more parts were wearing out that endangered our safety," stated Angel Stanz, CEO. "We are making this type of preventative maintenance available to everyone. This is expected to save tens of thousands of dollars in out-of-pocket healthcare expenses per patient. - TeleHealthCare"
http://www.bgmedtech.com/ir.stockpr.com/bgmed...age=1.html