Sanomedics Intl Hldg (SIMH) 0.0540 $SIMH
Sanomedics Completes Financing; Settles Creditor Litigation
GlobeNewswire - Tue Oct 21, 2:02PM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), (the "Company"
a medical technology and services holding company that focuses on providing game changing products, services and ideas, is pleased to announce that, through an acceleration of previously disclosed rights by Redwood Management, LLC ("Redwood" , the Company has satisfied all outstanding debt obligations owned to TCA Global Credit Master Fund LP ("TCA" and all litigation with TCA has been dismissed.
Caregiver TouchFree Clinical Thermometer Demand is Driving Record Sales for Sanomedics
GlobeNewswire - Fri Oct 17, 6:59AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), announced today that demand is soaring for its Caregiver(R) TouchFree(TM) Clinical Thermometers, primed by the growing concern for spread of EBOLA and MERS infections. The Company is gearing up for heavy inventory requirements to support this global effort at all healthcare facilities and ports-of-entry.
Market Maker Surveillance Report. JNJ, AAPL, KING, PSID, RMCP, SIMH, Highest Net Sell Volume and Negative Price Friction For Tuesday, October 14th 2014
M2 - Wed Oct 15, 3:10AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4904 companies with "abnormal" market making, 2632 companies with positive Friction Factors and 2319 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Tuesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Johnson & Johnson (NYSE:JNJ), Apple Inc (NASDAQ:AAPL), KING RESOURCES INC (NYSE:KING), PositiveID Corp (OTC
SID), Revolutions Medical Corp (OTC:RMCP), SANOMEDICS INTERNATIONAL HOL (OTC:SIMH). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
JNJ: 101.22 (+0.86), AAPL: 102.99 (+0.52), KING: 11.28 (-0.16)
Sanomedics Announces That Their Caregiver(R) No-Touch Thermometers Have Been Enlisted in the Fight Against EBOLA
GlobeNewswire - Tue Oct 14, 6:57AM CDT
Sanomedics International Holdings, Inc.(OTCQB:SIMH), announced today that the Company's Caregiver(R) TouchFree(TM) InfraRed Thermometers help to reduce contagion risk for health workers in hospitals, clinics and other healthcare facilities across the country. The devices have also begun service at major U.S airports for Ebola screening of passengers traveling from high risk locations. The Company's Thermomedics, Inc. division is distributing the thermometers across the healthcare spectrum.
Market Maker Surveillance Report. S, BTU, IBIO, VALE, SIMH, FB, Bullishly Biased Price Friction For Monday, October 13th 2014
M2 - Tue Oct 14, 4:08AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Monday there were 4783 companies with "abnormal" market making, 1672 companies with positive Friction Factors and 3138 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. Sprint Nextel Corp (NYSE:S), Peabody Energy Corp (NYSE:BTU), Ibio Inc (NYSE:IBIO), Vale SA (NYSE:VALE), SANOMEDICS INTERNATIONAL HOL (OTC:SIMH), Facebook Inc (NASDAQ:FB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
BTU: 10.31 (-0.54), FB: 78.37 (-0.32), VALE: 10.82 (+0.07), S: 6.06 (-0.18), IBIO: 1.77 (+0.03)
Sanomedics Announces Initial Purchase of Nearly 100 Caregiver(R) TouchFree(TM) Clinical Thermometers to Help Fight Against EBOLA at the Nation's Airports
GlobeNewswire - Fri Oct 10, 7:03AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH); "Sanomedics" or the "Company" ; a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that the Company's Thermomedics, Inc. division has shipped the first group of devices to Atlanta Headquarters of the Center for Disease Control ("CDC" for immediate distribution to selected ports of entry, where touch-free temperatures are destined to identify fevers in arriving travelers from at-risk countries.
Sanomedics Reduces Liabilities as it Continues to Strengthen Balance Sheet
GlobeNewswire - Mon Oct 06, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH); "Sanomedics" a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that it has reduced its liabilities by 8% and strengthened its balance sheet following the restructure of $1 Million, plus interest, in debt owed to TCA Global Credit Master Fund LP ("TCA" .
Thermomedics Sees Growing Hospital Interest for Caregiver(R) TouchFree(TM) Clinical Thermometers as Flu Season Approaches
GlobeNewswire - Thu Oct 02, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that as flu season approaches, its Thermomedics, Inc. division is seeing increasing interest among Novation's network of hospitals for its Caregiver(R) TouchFree(TM) Clinical Thermometers.
Sanomedics Restructures Debt as it Looks to Strengthen Balance Sheet
GlobeNewswire - Mon Sep 29, 6:59AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), a medical technology and services holding company that focuses on providing game changing products, services and ideas, announced today that the Company entered into a series of agreements to restructure its debt of $1 Million, plus interest, owed to TCA Global Credit Master Fund LP ("TCA" and stay pending litigation related thereto.
Sanomedics (OTCQB: SIMH) Announces Initial Orders of Thermomedics' Caregiver® TouchFree(TM) Clinical Thermometers to Help Fight Ebola Outbreak in West Africa
PR Newswire - Thu Sep 18, 6:58AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ; a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that their Thermomedics Inc. division has sent the first 20 Caregiver® Touchfree(TM) Clinical Thermometers to the Firestone Natural Rubber Company, whose healthcare personnel are involved in combating the spread of the deadly Ebola virus in Western Africa.
Sanomedics International Holdings, Inc. Subsidiary Thermomedics' Caregiver® Thermometer with TouchFree(TM) Technology Inks 3-YR pact with Novation.
PR Newswire - Wed Jul 16, 6:57AM CDT
Sanomedics, Inc. (OTCQB: SIMH); Sanomedics, a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that their Thermomedics subsidiary recently strengthened its penetration of the Professional Healthcare vital signs business with the signing of a long-term agreement with Novation, a world-renowned provider of healthcare supply chain expertise and contracting. The 3-year agreement goes into effect October 1, 2014.
BUYINS.NET Updates Sanomedics International SqueezeTrigger Report
M2 - Fri Dec 20, 9:16AM CST
BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has re-iterated coverage on Sanomedics International (OTC: SIMH) after releasing the latest short sale data through December 19, 2013. The total aggregate number of shares shorted since August 2010 is approximately 3.11 million shares. Approximately 13.91% of daily trading volume is short selling. The SqueezeTrigger price for all SIMH shares shorted is $0.328. A short squeeze is expected to begin when SIMH crosses above its $0.328 SqueezeTrigger price.
Sanomedics International Holdings, Inc. appoints new Chairman of the Board and installs new Director of Business Development.
PR Newswire - Wed Sep 11, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a Miami based medical technology holding Company that focuses on game changing products, services and ideas, announces that William Lerner, Esq., a board member of the Company since March 2013, has been appointed to serve as the chairman of the executive board of the Company.
Sanomedics Announces Completion of Prime Time Medical Acquisition
PR Newswire - Tue Sep 03, 5:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics" , a medical technology holding company that focuses on game-changing products, services and ideas, today announced that it has completed the previously announced acquisition of Prime Time Medical, Inc., of Largo, Florida ("Prime Time" for a total purchase price of $3,100,000, effective August 30, 2013. The closing price was amended to include the issuance of 531,250 common shares of Sanomedics, $1 million in debt, and $1,250,000 cash consideration with $400,000 paid through closing and the balance of $850,000 in a promissory note payable within 30 days.
OTC Daily Alert Stock Watch - Sanomedics International Holdings, Inc. (OTCQB: SIMH)
WorldStockWire - Thu Aug 29, 4:30PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Sanomedics Receives Financing for Working Capital and Acquisitions
PR Newswire - Mon Aug 26, 5:53AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics" , a medical technology holding company that focuses on game-changing products, services and ideas, announced today that it has entered into a financing term sheet with MC Healthcare Finance LLC for a total $5,000,000 Credit Facility, consisting of a $3,000,000 revolving line of credit and a $2,000,000 term loan. Use of proceeds from this transaction will be for working capital and to complete two targeted acquisitions. The financing is subject to the Lenders due diligence and a further commitment agreement and expected to close on or before September 30, 2013.
Sanomedics Signs Definitive Agreement for Acquisition of a prominent Texas based Sleep Services company.
PR Newswire - Thu Jul 11, 5:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics" , a medical technology company that focuses on market expanding products and services announced that it has entered into a definitive agreement to acquire its 2nd sleep services based company in Duke Medical LLC, of Baytown, Texas ("Duke" for an aggregate purchase price of $7,000,000, which includes cash, the issuance of common shares of Sanomedics and debt consideration (subject to certain adjustments as set forth in the agreement). The transaction is expected to close during Sanomedics' fiscal third quarter ending September 30, 2013, and is subject to customary closing conditions as set forth in the agreement. Duke generated approximately $4 million in annual revenue with EBITDA of $1.5 million in 2012, and is on target to increase EBITDA close to $2 million this year based upon representations.
Sanomedics Signs Definitive Agreement to Acquire Prime Time Medical
PR Newswire - Mon Apr 29, 5:53AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics" , a medical technology holding company that focuses on game-changing products, services and ideas, announced that it has entered into a definitive agreement to acquire Prime Time Medical, Inc., of Largo, Florida ("Prime Time" for an aggregate purchase price of $3,000,000, which includes the issuance of $750,000 in common shares of Sanomedics (approximately 468,000 shares), $1 million in seller debt, and $1,250,000 cash consideration payable within 90 days (subject to certain adjustments). The transaction is expected to close during Sanomedics' fiscal second quarter ending June 30, 2013, and is subject to customary closing conditions. Prime Time generated approximately $5 million in annual revenue in 2012.
Sanomedics International Holdings, Inc. to Acquire Prime Time Medical, Inc.
PR Newswire - Thu Apr 18, 12:56PM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a medical technology holding Company that focuses on game changing products, services and ideas, announced that it has agreed upon terms of the definitive agreement to acquire Prime Time Medical, Inc. for an aggregate purchase price of $3,000,000 (subject to certain adjustments). Prime Time's revenue for fiscal 2012 was approximately $5 million USD. A tentative closing for the acquisition has been scheduled for Wednesday April 24, 2013.
Mr. William Lerner, Esq. nominated to the Board of Directors of Sanomedics International Holdings, Inc.
PR Newswire - Fri Mar 08, 5:55AM CST
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a medical technology holding Company that focuses on game changing products, services and ideas, announces that William Lerner, Esq. has been nominated to serve as a director of the Company.
Sanomedics Completes Financing; Settles Creditor Litigation
GlobeNewswire - Tue Oct 21, 2:02PM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), (the "Company"
a medical technology and services holding company that focuses on providing game changing products, services and ideas, is pleased to announce that, through an acceleration of previously disclosed rights by Redwood Management, LLC ("Redwood" , the Company has satisfied all outstanding debt obligations owned to TCA Global Credit Master Fund LP ("TCA" and all litigation with TCA has been dismissed. Caregiver TouchFree Clinical Thermometer Demand is Driving Record Sales for Sanomedics
GlobeNewswire - Fri Oct 17, 6:59AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), announced today that demand is soaring for its Caregiver(R) TouchFree(TM) Clinical Thermometers, primed by the growing concern for spread of EBOLA and MERS infections. The Company is gearing up for heavy inventory requirements to support this global effort at all healthcare facilities and ports-of-entry.
Market Maker Surveillance Report. JNJ, AAPL, KING, PSID, RMCP, SIMH, Highest Net Sell Volume and Negative Price Friction For Tuesday, October 14th 2014
M2 - Wed Oct 15, 3:10AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4904 companies with "abnormal" market making, 2632 companies with positive Friction Factors and 2319 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Tuesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Johnson & Johnson (NYSE:JNJ), Apple Inc (NASDAQ:AAPL), KING RESOURCES INC (NYSE:KING), PositiveID Corp (OTC
SID), Revolutions Medical Corp (OTC:RMCP), SANOMEDICS INTERNATIONAL HOL (OTC:SIMH). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net . JNJ: 101.22 (+0.86), AAPL: 102.99 (+0.52), KING: 11.28 (-0.16)
Sanomedics Announces That Their Caregiver(R) No-Touch Thermometers Have Been Enlisted in the Fight Against EBOLA
GlobeNewswire - Tue Oct 14, 6:57AM CDT
Sanomedics International Holdings, Inc.(OTCQB:SIMH), announced today that the Company's Caregiver(R) TouchFree(TM) InfraRed Thermometers help to reduce contagion risk for health workers in hospitals, clinics and other healthcare facilities across the country. The devices have also begun service at major U.S airports for Ebola screening of passengers traveling from high risk locations. The Company's Thermomedics, Inc. division is distributing the thermometers across the healthcare spectrum.
Market Maker Surveillance Report. S, BTU, IBIO, VALE, SIMH, FB, Bullishly Biased Price Friction For Monday, October 13th 2014
M2 - Tue Oct 14, 4:08AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Monday there were 4783 companies with "abnormal" market making, 1672 companies with positive Friction Factors and 3138 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. Sprint Nextel Corp (NYSE:S), Peabody Energy Corp (NYSE:BTU), Ibio Inc (NYSE:IBIO), Vale SA (NYSE:VALE), SANOMEDICS INTERNATIONAL HOL (OTC:SIMH), Facebook Inc (NASDAQ:FB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
BTU: 10.31 (-0.54), FB: 78.37 (-0.32), VALE: 10.82 (+0.07), S: 6.06 (-0.18), IBIO: 1.77 (+0.03)
Sanomedics Announces Initial Purchase of Nearly 100 Caregiver(R) TouchFree(TM) Clinical Thermometers to Help Fight Against EBOLA at the Nation's Airports
GlobeNewswire - Fri Oct 10, 7:03AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH); "Sanomedics" or the "Company"
; a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that the Company's Thermomedics, Inc. division has shipped the first group of devices to Atlanta Headquarters of the Center for Disease Control ("CDC" for immediate distribution to selected ports of entry, where touch-free temperatures are destined to identify fevers in arriving travelers from at-risk countries. Sanomedics Reduces Liabilities as it Continues to Strengthen Balance Sheet
GlobeNewswire - Mon Oct 06, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH); "Sanomedics" a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that it has reduced its liabilities by 8% and strengthened its balance sheet following the restructure of $1 Million, plus interest, in debt owed to TCA Global Credit Master Fund LP ("TCA"
. Thermomedics Sees Growing Hospital Interest for Caregiver(R) TouchFree(TM) Clinical Thermometers as Flu Season Approaches
GlobeNewswire - Thu Oct 02, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that as flu season approaches, its Thermomedics, Inc. division is seeing increasing interest among Novation's network of hospitals for its Caregiver(R) TouchFree(TM) Clinical Thermometers.
Sanomedics Restructures Debt as it Looks to Strengthen Balance Sheet
GlobeNewswire - Mon Sep 29, 6:59AM CDT
Sanomedics International Holdings, Inc. (OTCQB:SIMH), a medical technology and services holding company that focuses on providing game changing products, services and ideas, announced today that the Company entered into a series of agreements to restructure its debt of $1 Million, plus interest, owed to TCA Global Credit Master Fund LP ("TCA"
and stay pending litigation related thereto. Sanomedics (OTCQB: SIMH) Announces Initial Orders of Thermomedics' Caregiver® TouchFree(TM) Clinical Thermometers to Help Fight Ebola Outbreak in West Africa
PR Newswire - Thu Sep 18, 6:58AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ; a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that their Thermomedics Inc. division has sent the first 20 Caregiver® Touchfree(TM) Clinical Thermometers to the Firestone Natural Rubber Company, whose healthcare personnel are involved in combating the spread of the deadly Ebola virus in Western Africa.
Sanomedics International Holdings, Inc. Subsidiary Thermomedics' Caregiver® Thermometer with TouchFree(TM) Technology Inks 3-YR pact with Novation.
PR Newswire - Wed Jul 16, 6:57AM CDT
Sanomedics, Inc. (OTCQB: SIMH); Sanomedics, a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that their Thermomedics subsidiary recently strengthened its penetration of the Professional Healthcare vital signs business with the signing of a long-term agreement with Novation, a world-renowned provider of healthcare supply chain expertise and contracting. The 3-year agreement goes into effect October 1, 2014.
BUYINS.NET Updates Sanomedics International SqueezeTrigger Report
M2 - Fri Dec 20, 9:16AM CST
BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has re-iterated coverage on Sanomedics International (OTC: SIMH) after releasing the latest short sale data through December 19, 2013. The total aggregate number of shares shorted since August 2010 is approximately 3.11 million shares. Approximately 13.91% of daily trading volume is short selling. The SqueezeTrigger price for all SIMH shares shorted is $0.328. A short squeeze is expected to begin when SIMH crosses above its $0.328 SqueezeTrigger price.
Sanomedics International Holdings, Inc. appoints new Chairman of the Board and installs new Director of Business Development.
PR Newswire - Wed Sep 11, 6:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a Miami based medical technology holding Company that focuses on game changing products, services and ideas, announces that William Lerner, Esq., a board member of the Company since March 2013, has been appointed to serve as the chairman of the executive board of the Company.
Sanomedics Announces Completion of Prime Time Medical Acquisition
PR Newswire - Tue Sep 03, 5:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"
, a medical technology holding company that focuses on game-changing products, services and ideas, today announced that it has completed the previously announced acquisition of Prime Time Medical, Inc., of Largo, Florida ("Prime Time" for a total purchase price of $3,100,000, effective August 30, 2013. The closing price was amended to include the issuance of 531,250 common shares of Sanomedics, $1 million in debt, and $1,250,000 cash consideration with $400,000 paid through closing and the balance of $850,000 in a promissory note payable within 30 days. OTC Daily Alert Stock Watch - Sanomedics International Holdings, Inc. (OTCQB: SIMH)
WorldStockWire - Thu Aug 29, 4:30PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Sanomedics Receives Financing for Working Capital and Acquisitions
PR Newswire - Mon Aug 26, 5:53AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"
, a medical technology holding company that focuses on game-changing products, services and ideas, announced today that it has entered into a financing term sheet with MC Healthcare Finance LLC for a total $5,000,000 Credit Facility, consisting of a $3,000,000 revolving line of credit and a $2,000,000 term loan. Use of proceeds from this transaction will be for working capital and to complete two targeted acquisitions. The financing is subject to the Lenders due diligence and a further commitment agreement and expected to close on or before September 30, 2013. Sanomedics Signs Definitive Agreement for Acquisition of a prominent Texas based Sleep Services company.
PR Newswire - Thu Jul 11, 5:57AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"
, a medical technology company that focuses on market expanding products and services announced that it has entered into a definitive agreement to acquire its 2nd sleep services based company in Duke Medical LLC, of Baytown, Texas ("Duke" for an aggregate purchase price of $7,000,000, which includes cash, the issuance of common shares of Sanomedics and debt consideration (subject to certain adjustments as set forth in the agreement). The transaction is expected to close during Sanomedics' fiscal third quarter ending September 30, 2013, and is subject to customary closing conditions as set forth in the agreement. Duke generated approximately $4 million in annual revenue with EBITDA of $1.5 million in 2012, and is on target to increase EBITDA close to $2 million this year based upon representations. Sanomedics Signs Definitive Agreement to Acquire Prime Time Medical
PR Newswire - Mon Apr 29, 5:53AM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"
, a medical technology holding company that focuses on game-changing products, services and ideas, announced that it has entered into a definitive agreement to acquire Prime Time Medical, Inc., of Largo, Florida ("Prime Time" for an aggregate purchase price of $3,000,000, which includes the issuance of $750,000 in common shares of Sanomedics (approximately 468,000 shares), $1 million in seller debt, and $1,250,000 cash consideration payable within 90 days (subject to certain adjustments). The transaction is expected to close during Sanomedics' fiscal second quarter ending June 30, 2013, and is subject to customary closing conditions. Prime Time generated approximately $5 million in annual revenue in 2012. Sanomedics International Holdings, Inc. to Acquire Prime Time Medical, Inc.
PR Newswire - Thu Apr 18, 12:56PM CDT
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a medical technology holding Company that focuses on game changing products, services and ideas, announced that it has agreed upon terms of the definitive agreement to acquire Prime Time Medical, Inc. for an aggregate purchase price of $3,000,000 (subject to certain adjustments). Prime Time's revenue for fiscal 2012 was approximately $5 million USD. A tentative closing for the acquisition has been scheduled for Wednesday April 24, 2013.
Mr. William Lerner, Esq. nominated to the Board of Directors of Sanomedics International Holdings, Inc.
PR Newswire - Fri Mar 08, 5:55AM CST
Sanomedics International Holdings, Inc. (OTCQB: SIMH), a medical technology holding Company that focuses on game changing products, services and ideas, announces that William Lerner, Esq. has been nominated to serve as a director of the Company.
