Accelera Innovations, Inc. $ACNV News Last updat
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Posted On: 12/26/2016 5:06:15 AM
Accelera Innovations, Inc. $ACNV News
Last updated 12/26/2016 - 0.006
Accelera Innovations, Inc. (ACNV) Growth Continues Through Its Subsidiary, Advance Life, Inc.
Sep 01, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Growth Continues Through Its Subsidiary, Advance Life, Inc.
CHICAGO, IL--(Marketwired - Sep 1, 2015) - Accelera Innovations, Inc. (OTCQB: ACNV) announces that its wholly-own subsidiary Advance Life continues to grow its home health care business presence.
Under the direct leadership of Mr. Jimmy Lacaba, Advance Life, Inc.'s. business growth continues throughout the Chicagoland area. Revenues, when comparing the first six-months in 2014 vs. 2015 (January-June), have almost doubled. The ACNV management team believes that revenues should continue upwardly due to the aggressive marketing of its home health care services.
Management sees a growing demand of medical professionals seeking information and then using Advance Life's effective and efficient home health care services. Chicago and its suburbs provides a large demographic of individuals that need home health care. As such, Advance Life has positioned itself to provide these services and grow its business, fulfilling the needs of this market segment.
Mr. Geoff Thomson, Chairman of Accelera Innovations, Inc., states, "Advance Life is a great example of how our business strategy in acquiring post-acute care companies works. The acquisition of companies with reasonable revenue multiples and then continue to expand the revenues with health margins will make ACNV one of the leaders in the post-acute national marketplace."
Management will continue to provide comprehensive updates on its ever growing health care businesses as they become available.
For further information about ACNV and this release, contact, Rich Kaiser, Investor Relations, 757-306-6090 and/or rich@yesinternational.com, www.accelerainnovations.com.
FORWARD-LOOKING STATEMENT
ACNV cautions that statements made in press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.
Contact:
Rich Kaiser
YES INTERNATIONAL
Investor Relations
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Shareholder Update
Jun 08, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Shareholder Update
CHICAGO, IL--(Marketwired - Jun 8, 2015) - Accelera Innovations, Inc. (OTCQB: ACNV) provides its shareholders and other interested parties a corporate update on its business activities.
The update below:
June 8, 2015
To our shareholders:
As the management team at Accelera Innovations, Inc. continues to build the long-term value proposition for our shareholders there are several updates to our business since our February 5th, 2015 letter.
We completed the filing of our Securities and Exchange Commission (SEC) Form 10-K for the year ended December 31, 2014 and our Form 10-Q to report our operating results for our first quarter ended March 31, 2015. These required SEC filings are necessary for a public company to stay compliant and maintain the quotation of its stock trading on the OTC Markets. Our stock is quoted for trading on the OTCQB under the symbol ACNV.
As discussed in our SEC reports, we have several acquisitions under contract which we plan to close throughout the remainder of 2015, as we complete a financing transaction to fund these acquisitions. We believe these acquisitions will enhance our net revenue and increase shareholder value.
In an ongoing plan to develop resources to complete our pending acquisitions and for growth and acquisition opportunities the Company's management team has been looking at a bond issuance. The benefit of the corporate bond is that it will create a debt finance mechanism that will not require the Company to take a discount to market on corporate treasury stock which will help to maintain the integrity of the company's share prices going forward.
Additionally, the Company has approached a number of market makers and investment bankers who have shown interest in becoming both investors and market participants. ACNV believes more institutional and retail investors can bring a more fluid trading market, achieving the best long-term market trading position for the Company and its loyal shareholders.
We have also targeted the 3rd quarter of 2015 for an up-list to a national stock exchange and plan to file a new Registration Statement on Form S-1 to include the shares of our common stock held by our current shareholders and register additional shares to be offered by us to secure additional working capital to fund our planned expansion. This will be the final phase of our evolution into the public markets. It will also create an opportunity for greater broker/dealer access for trading with retail buyers and sellers.
As we continue to move forward, please review our SEC filings and press releases and call Rich Kaiser, Investor relations, YES INTERNATIONAL at 800-631-8127 and/or yes@yesinternational.com. YES INTERNATIONAL is available to answer your questions about our Company, www.accelerainnovations.com.
Again, we sincerely appreciate the support and long-term dedication of our shareholders through this unique journey from thought to reality. I would also like to truly thank the Accelera Innovations Inc. management team for its perseverance and dedication to the company's success!
Sincerely,
Geoff Thompson
Chairman of the board
Safe Harbor:
This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances. These and other risks are described in the Company's reports filed with the US SEC. These forward-looking statements are made only as of the date of this communication and the Company undertakes no obligation to update or revise these statements.
Contact:
Rich Kaiser
Investor Relations
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Launches Investment Relations Firm, YES INTERNATIONAL
Feb 05, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Launches Investment Relations Firm, YES INTERNATIONAL
CHICAGO, IL--(Marketwired - Feb 5, 2015) - Accelera Innovations, Inc. ("Accelera"
(OTCQB: ACNV) today announced that it has launched YES INTERNATIONAL, an investment relations firm, to support and improve communications with the shareholders.
Richard Kaiser, the leader behind YES INTERNATIONAL, has a proven 24 year track record in handling investor relations for public companies.
The partnership is the next step in the organization's continued drive towards becoming a clear leader in the healthcare industry.
Accelera Innovations is dedicated to staying ahead of its shareholders' needs, and the partnership of YES INTERNATIONAL furthers its long standing commitment to the investors.
YES INTERNATIONAL also handles shareholder presentations and helps coordinate shareholder events and meetings. If you need questions answered regarding your ownership positions and/or other corporate information, please contact Richard at 757-306-6090, yes@yesinternational.com, www.yesinternational.com.
About Accelera
ACCELERA INNOVATIONS, INC is a collaboration of companies designed to improve the outcomes of post-acute and long-term care patients. Our mission is to improve patient outcomes and lower costs, through educating providers, leveraging our technology and changing the model of payment to a value-based system.
Accelera is actively making investments in companies that span a broad section of post-acute care. The company is focused on businesses that are moving towards a stronger future for healthcare, www.accelerainnovations.com.
About YES INTERNATIONAL
Founded in 1991, Virginia based YES INTERNATIONAL (YES) has provided investor relations services for both public and private corporations in the United States, Canada, and Germany. With years of experience, YES provides a cost effective and efficient communication conduit to both the domestic and international investment communities. Their ability to increase shareholder awareness about corporate on-goings produces a better informed and supportive base of shareholders. YES' proactive approach included extensive and targeted investor marketing, working to develop a broader and diverse shareowner base, www.yesinternational.com.
For further information please contact: 866-920-0758 and/or Rich Kaiser, Investor Relations, 800-631-8127 and/or yes@yesinternational.com.
Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Accelera Innovations, Inc.'s actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.
Contact:
Rich Kaiser
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Announces Agreement to Purchase Traditions Home Care Inc.
Jan 21, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Announces Agreement to Purchase Traditions Home Care Inc.
CHICAGO, IL--(Marketwired - Jan 21, 2015) - Accelera Innovations, Inc. ("Accelera" (OTCQB: ACNV) on January 5, 2015 signed an agreement to acquire Traditions Home Care Inc. ("Traditions Home Care" for a price of $6,000,000. Traditions Home Care is engaged in the business of providing home health care services, offering Skilled Nursing, Certified Home Health Aides, Physical and Occupational therapists.
Traditions Home Care achieved revenues of approximately $6,300,000 in 2013 and is expected to generate future annual revenue increases as they are introduced into the Accelera family. We believe the agreement reflects a favorable valuation and creates a geographical footprint in the state of Oklahoma.
"The acquisition of Traditions Home Care will extend our services outside of Illinois. We plan to provide access to community services and grow the medical-related resources in Oklahoma," said Geoff Thompson, Accelera's Chairman.
Accelera plans to integrate the acquired assets into its existing platform and offer patients a way to self-monitor and track common ailments and conditions, and in turn share that data with their primary care physician to facilitate ongoing communications around condition management, both online, and in-person. Both patients and physicians will access the communication and self-tracking features via a shared permission-based and opt-in environment.
"We look forward to welcoming, Traditions Home Care employees into the Accelera Group and to be able to benefit from their expertise and dedication," said John Wallin, Accelera's Chief Executive Officer. "Together, we will be well positioned competitively, strategically and financially to meet the evolving needs of the people we serve."
About Accelera
ACCELERA INNOVATIONS, INC. is a collaboration of companies designed to improve the outcomes of post-acute and long-term care patients. Our mission is to improve patient outcomes and lower costs, through educating providers, leveraging our technology and changing the model of payment to a value-based system.
Accelera has a management team with experience in mergers and acquisitions; operational efficiencies; building distribution channels and general management. Several of the members have experience in health care, sales and provider operations. The Accelera Board of Directors includes several board Members who have operational experience with health care services companies. Day to day management of the acquired companies is handled by retained management of the acquired companies.
The business model of the twentieth century is no longer viable in the environment of the changing continuum of care. Accelera understands that dealing with an aging population as well as a wide range of chronic and debilitating diseases requires constant innovation in treatment and that these innovations will come from the health care companies we plan to acquire. These innovations will be innovative -- yes -- but also reimbursable. Accelera offers cloud-based software-as-a-service solutions to the healthcare industry that includes technology and services to providers and payers, http://www.accelerainnovations.com/.
About Traditions Home Care, Inc.
Traditions Home Care has roots dating back to the 1800's as a Choctaw woman, Sikey Thomas, known as the Indian doctor and midwife founded the family business. The family business grew and in the early 1970's served Latimer County and the Choctaw Nation of Oklahoma. With the establishment of Traditions Home Care in 2002 by Terry (Sonny) Nix Jr., its CEO, new generations carry on the proud family tradition of service to others.
Sonny, a BA graduate from Southeast Oklahoma State University, worked in the home health vertical since 1994. Sonny grew the agency to become one of the largest free standing home health agencies in the state of Oklahoma.
For further information contact, 866-920-0758 and/or Rich Kaiser, Investor Relations, 800-631-8127 and yes@yesinternational.com
Forward Looking Statements--Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties concerning plans and expectations of Accelera's proposed acquisition of Traditions Home Care and the expected growth in its revenues. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others that the anticipated acquisition may not close in the manner or time expected. Traditions Home Care may not achieve its expected growth levels and other general business risks associated with proposed acquisition and business model.
Contact:
Rich Kaiser
YES INTERNATIONAL
800-631-8127
Email Contact
Copyright © 2015 Marketwired. All Rights Reserved
OTC Markets Group Welcomes Newly Verified OTCQB Companies – Jan. 7
Jan 07, 2015
Service
New York, NY -
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced the following companies are verified for trading on OTCQB®, the venture marketplace for entrepreneurial and development stage companies, effective January 7, 2015:
Accelera Innovations, Inc. (OTCQB: ACNV) – Accelera Innovations specializes in interfacing healthcare data technologies to transmit directly into the healthcare information exchange. Its systems are HIPPA compliant and fully secure, allowing physicians and hospitals across the world to communicate efficiently thereby reducing the costs of healthcare and increasing the quality of patient outcomes.
Accelera Innovations upgraded to OTCQB from the OTC Pink® marketplace.
China Carbon Graphite Group, Inc. (OTCQB: CHGI) – Founded in 1986 as a state-owned carbon and graphite manufacturer and restructured in 2002 as a private enterprise, China Carbon has grown into a company consisting of more than 500 employees. Since its establishment, it has patented the molding process for high-density, high-strength, and wear-resistant graphite material as well as a double-sided molding machine. To enhance its research and development departments, it has technology cooperation agreements with Hunan University, which is the only university in China that offers a major in carbon studies, and Tsinghua University, which is one of China’s most distinguished universities. China Carbon has a complete quality assurance system and it fully follows environmental management standards. It passed the ISO 9001: 2000 quality management system certifications in October 2003 and it meets ISO 1400 environmental management standards.
China Carbon Graphite is approved to continue trading on OTCQB.
EACO Corp. (OTCQB: EACO) – EACO Corporation is a real estate holding company that is the sole shareholder of Bisco Industries Inc., a master distributor of electronic components and fasteners.
Bisco Industries operates under four brands: Bisco, National Precision, Fast-Cor and Component Power.
EACO is approved to continue trading on OTCQB.
Eurosite Power Inc. (OTCQB: EUSP) – EuroSite Power has developed an innovative financial solution that provides significant economic and operational benefits to organizations in both the public and private sectors.
Its On-Site Utility™ Solution delivers real cost savings by efficiently generating low cost, low carbon energy on your property using highly efficient mechanical plant such as Combined Heat and Power (CHP) or natural gas fuelled air source heat pumps or chillers. Such equipment will generate electricity, heating, hot water and/or cooling much more economically than can be sourced from outdated plant and traditional utilities via the National Grid – if it’s expertly operated.
Eurosite Power is approved to continue trading on OTCQB.
First Niles Financial, Inc. (OTCQB: FNFI) – First Niles Financial is the holding company for Home Federal Savings and Loan Association of Niles. Home Federal provides banking products and services in the Niles, Ohio area. Niles is located approximately 13 miles northwest of Youngstown, Ohio. The savings and loan (S&L) was founded in 1897.
First Niles Financial is approved to continue trading on OTCQB.
HPEV, Inc. (OTCQB: WARM) – The biggest and most expensive and limiting engineering problem in manufacturing is HEAT. Heat is the enemy of engineering and reduces power output of motors and generators and efficiency and lifetime in all rotating equipment. According to independent third-party testing firms, the management team of WARM has solved this problem. HPEV's CEO Tim Hassett spent his days building major manufacturing companies including turning around two divisions of GE for Jack Welch. HPEV's management team is comprised of experienced and well-connected industry professionals including Tim Hassett and Mark Hodowanec (CTO), who co-designed NASA's Mars Exploration Rover drive train, and Quentin Ponder (Vice Chairman) who was named one of the five best executives for manufacturing improvement pathways in the modern industrial era. WARM was founded to commercialize and monetize its portfolio of patents that affect a number of industrial and manufacturing issues, primarily to remove heat from motors and generators and other rotating equipment dramatically better than anything on the market. This means lower costs (25% or more) and higher power output (20-40%) for motors and generators and numerous similar benefits to other manufacturing applications. HPEV's technology represents the first cost/output improvement in the motor/generator/pump marketplace (a $100 market) of more than 5% since the 1950s.
HPEV is approved to continue trading on OTCQB.
Inception Mining Inc. (OTCQB: IMII) – Inception Mining is a mining exploration company engaged in the acquisition, exploration, and development of mineral properties, primarily for high-grade gold deposits, from owned mining properties.
Inception Mining is approved to continue trading on OTCQB.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for these companies on www.otcmarkets.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Subscribe to the OTC Markets RSS Feed
Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com
Copyright © 2015 OTC Markets. All Rights Reserved
Last updated 12/26/2016 - 0.006
Accelera Innovations, Inc. (ACNV) Growth Continues Through Its Subsidiary, Advance Life, Inc.
Sep 01, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Growth Continues Through Its Subsidiary, Advance Life, Inc.
CHICAGO, IL--(Marketwired - Sep 1, 2015) - Accelera Innovations, Inc. (OTCQB: ACNV) announces that its wholly-own subsidiary Advance Life continues to grow its home health care business presence.
Under the direct leadership of Mr. Jimmy Lacaba, Advance Life, Inc.'s. business growth continues throughout the Chicagoland area. Revenues, when comparing the first six-months in 2014 vs. 2015 (January-June), have almost doubled. The ACNV management team believes that revenues should continue upwardly due to the aggressive marketing of its home health care services.
Management sees a growing demand of medical professionals seeking information and then using Advance Life's effective and efficient home health care services. Chicago and its suburbs provides a large demographic of individuals that need home health care. As such, Advance Life has positioned itself to provide these services and grow its business, fulfilling the needs of this market segment.
Mr. Geoff Thomson, Chairman of Accelera Innovations, Inc., states, "Advance Life is a great example of how our business strategy in acquiring post-acute care companies works. The acquisition of companies with reasonable revenue multiples and then continue to expand the revenues with health margins will make ACNV one of the leaders in the post-acute national marketplace."
Management will continue to provide comprehensive updates on its ever growing health care businesses as they become available.
For further information about ACNV and this release, contact, Rich Kaiser, Investor Relations, 757-306-6090 and/or rich@yesinternational.com, www.accelerainnovations.com.
FORWARD-LOOKING STATEMENT
ACNV cautions that statements made in press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.
Contact:
Rich Kaiser
YES INTERNATIONAL
Investor Relations
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Shareholder Update
Jun 08, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Shareholder Update
CHICAGO, IL--(Marketwired - Jun 8, 2015) - Accelera Innovations, Inc. (OTCQB: ACNV) provides its shareholders and other interested parties a corporate update on its business activities.
The update below:
June 8, 2015
To our shareholders:
As the management team at Accelera Innovations, Inc. continues to build the long-term value proposition for our shareholders there are several updates to our business since our February 5th, 2015 letter.
We completed the filing of our Securities and Exchange Commission (SEC) Form 10-K for the year ended December 31, 2014 and our Form 10-Q to report our operating results for our first quarter ended March 31, 2015. These required SEC filings are necessary for a public company to stay compliant and maintain the quotation of its stock trading on the OTC Markets. Our stock is quoted for trading on the OTCQB under the symbol ACNV.
As discussed in our SEC reports, we have several acquisitions under contract which we plan to close throughout the remainder of 2015, as we complete a financing transaction to fund these acquisitions. We believe these acquisitions will enhance our net revenue and increase shareholder value.
In an ongoing plan to develop resources to complete our pending acquisitions and for growth and acquisition opportunities the Company's management team has been looking at a bond issuance. The benefit of the corporate bond is that it will create a debt finance mechanism that will not require the Company to take a discount to market on corporate treasury stock which will help to maintain the integrity of the company's share prices going forward.
Additionally, the Company has approached a number of market makers and investment bankers who have shown interest in becoming both investors and market participants. ACNV believes more institutional and retail investors can bring a more fluid trading market, achieving the best long-term market trading position for the Company and its loyal shareholders.
We have also targeted the 3rd quarter of 2015 for an up-list to a national stock exchange and plan to file a new Registration Statement on Form S-1 to include the shares of our common stock held by our current shareholders and register additional shares to be offered by us to secure additional working capital to fund our planned expansion. This will be the final phase of our evolution into the public markets. It will also create an opportunity for greater broker/dealer access for trading with retail buyers and sellers.
As we continue to move forward, please review our SEC filings and press releases and call Rich Kaiser, Investor relations, YES INTERNATIONAL at 800-631-8127 and/or yes@yesinternational.com. YES INTERNATIONAL is available to answer your questions about our Company, www.accelerainnovations.com.
Again, we sincerely appreciate the support and long-term dedication of our shareholders through this unique journey from thought to reality. I would also like to truly thank the Accelera Innovations Inc. management team for its perseverance and dedication to the company's success!
Sincerely,
Geoff Thompson
Chairman of the board
Safe Harbor:
This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances. These and other risks are described in the Company's reports filed with the US SEC. These forward-looking statements are made only as of the date of this communication and the Company undertakes no obligation to update or revise these statements.
Contact:
Rich Kaiser
Investor Relations
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Launches Investment Relations Firm, YES INTERNATIONAL
Feb 05, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Launches Investment Relations Firm, YES INTERNATIONAL
CHICAGO, IL--(Marketwired - Feb 5, 2015) - Accelera Innovations, Inc. ("Accelera"
(OTCQB: ACNV) today announced that it has launched YES INTERNATIONAL, an investment relations firm, to support and improve communications with the shareholders. Richard Kaiser, the leader behind YES INTERNATIONAL, has a proven 24 year track record in handling investor relations for public companies.
The partnership is the next step in the organization's continued drive towards becoming a clear leader in the healthcare industry.
Accelera Innovations is dedicated to staying ahead of its shareholders' needs, and the partnership of YES INTERNATIONAL furthers its long standing commitment to the investors.
YES INTERNATIONAL also handles shareholder presentations and helps coordinate shareholder events and meetings. If you need questions answered regarding your ownership positions and/or other corporate information, please contact Richard at 757-306-6090, yes@yesinternational.com, www.yesinternational.com.
About Accelera
ACCELERA INNOVATIONS, INC is a collaboration of companies designed to improve the outcomes of post-acute and long-term care patients. Our mission is to improve patient outcomes and lower costs, through educating providers, leveraging our technology and changing the model of payment to a value-based system.
Accelera is actively making investments in companies that span a broad section of post-acute care. The company is focused on businesses that are moving towards a stronger future for healthcare, www.accelerainnovations.com.
About YES INTERNATIONAL
Founded in 1991, Virginia based YES INTERNATIONAL (YES) has provided investor relations services for both public and private corporations in the United States, Canada, and Germany. With years of experience, YES provides a cost effective and efficient communication conduit to both the domestic and international investment communities. Their ability to increase shareholder awareness about corporate on-goings produces a better informed and supportive base of shareholders. YES' proactive approach included extensive and targeted investor marketing, working to develop a broader and diverse shareowner base, www.yesinternational.com.
For further information please contact: 866-920-0758 and/or Rich Kaiser, Investor Relations, 800-631-8127 and/or yes@yesinternational.com.
Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Accelera Innovations, Inc.'s actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.
Contact:
Rich Kaiser
757-306-6090
Copyright © 2015 Marketwired. All Rights Reserved
Accelera Innovations, Inc. (ACNV) Announces Agreement to Purchase Traditions Home Care Inc.
Jan 21, 2015
Service
-
Accelera Innovations, Inc. (ACNV) Announces Agreement to Purchase Traditions Home Care Inc.
CHICAGO, IL--(Marketwired - Jan 21, 2015) - Accelera Innovations, Inc. ("Accelera"
(OTCQB: ACNV) on January 5, 2015 signed an agreement to acquire Traditions Home Care Inc. ("Traditions Home Care" for a price of $6,000,000. Traditions Home Care is engaged in the business of providing home health care services, offering Skilled Nursing, Certified Home Health Aides, Physical and Occupational therapists. Traditions Home Care achieved revenues of approximately $6,300,000 in 2013 and is expected to generate future annual revenue increases as they are introduced into the Accelera family. We believe the agreement reflects a favorable valuation and creates a geographical footprint in the state of Oklahoma.
"The acquisition of Traditions Home Care will extend our services outside of Illinois. We plan to provide access to community services and grow the medical-related resources in Oklahoma," said Geoff Thompson, Accelera's Chairman.
Accelera plans to integrate the acquired assets into its existing platform and offer patients a way to self-monitor and track common ailments and conditions, and in turn share that data with their primary care physician to facilitate ongoing communications around condition management, both online, and in-person. Both patients and physicians will access the communication and self-tracking features via a shared permission-based and opt-in environment.
"We look forward to welcoming, Traditions Home Care employees into the Accelera Group and to be able to benefit from their expertise and dedication," said John Wallin, Accelera's Chief Executive Officer. "Together, we will be well positioned competitively, strategically and financially to meet the evolving needs of the people we serve."
About Accelera
ACCELERA INNOVATIONS, INC. is a collaboration of companies designed to improve the outcomes of post-acute and long-term care patients. Our mission is to improve patient outcomes and lower costs, through educating providers, leveraging our technology and changing the model of payment to a value-based system.
Accelera has a management team with experience in mergers and acquisitions; operational efficiencies; building distribution channels and general management. Several of the members have experience in health care, sales and provider operations. The Accelera Board of Directors includes several board Members who have operational experience with health care services companies. Day to day management of the acquired companies is handled by retained management of the acquired companies.
The business model of the twentieth century is no longer viable in the environment of the changing continuum of care. Accelera understands that dealing with an aging population as well as a wide range of chronic and debilitating diseases requires constant innovation in treatment and that these innovations will come from the health care companies we plan to acquire. These innovations will be innovative -- yes -- but also reimbursable. Accelera offers cloud-based software-as-a-service solutions to the healthcare industry that includes technology and services to providers and payers, http://www.accelerainnovations.com/.
About Traditions Home Care, Inc.
Traditions Home Care has roots dating back to the 1800's as a Choctaw woman, Sikey Thomas, known as the Indian doctor and midwife founded the family business. The family business grew and in the early 1970's served Latimer County and the Choctaw Nation of Oklahoma. With the establishment of Traditions Home Care in 2002 by Terry (Sonny) Nix Jr., its CEO, new generations carry on the proud family tradition of service to others.
Sonny, a BA graduate from Southeast Oklahoma State University, worked in the home health vertical since 1994. Sonny grew the agency to become one of the largest free standing home health agencies in the state of Oklahoma.
For further information contact, 866-920-0758 and/or Rich Kaiser, Investor Relations, 800-631-8127 and yes@yesinternational.com
Forward Looking Statements--Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties concerning plans and expectations of Accelera's proposed acquisition of Traditions Home Care and the expected growth in its revenues. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others that the anticipated acquisition may not close in the manner or time expected. Traditions Home Care may not achieve its expected growth levels and other general business risks associated with proposed acquisition and business model.
Contact:
Rich Kaiser
YES INTERNATIONAL
800-631-8127
Email Contact
Copyright © 2015 Marketwired. All Rights Reserved
OTC Markets Group Welcomes Newly Verified OTCQB Companies – Jan. 7
Jan 07, 2015
Service
New York, NY -
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced the following companies are verified for trading on OTCQB®, the venture marketplace for entrepreneurial and development stage companies, effective January 7, 2015:
Accelera Innovations, Inc. (OTCQB: ACNV) – Accelera Innovations specializes in interfacing healthcare data technologies to transmit directly into the healthcare information exchange. Its systems are HIPPA compliant and fully secure, allowing physicians and hospitals across the world to communicate efficiently thereby reducing the costs of healthcare and increasing the quality of patient outcomes.
Accelera Innovations upgraded to OTCQB from the OTC Pink® marketplace.
China Carbon Graphite Group, Inc. (OTCQB: CHGI) – Founded in 1986 as a state-owned carbon and graphite manufacturer and restructured in 2002 as a private enterprise, China Carbon has grown into a company consisting of more than 500 employees. Since its establishment, it has patented the molding process for high-density, high-strength, and wear-resistant graphite material as well as a double-sided molding machine. To enhance its research and development departments, it has technology cooperation agreements with Hunan University, which is the only university in China that offers a major in carbon studies, and Tsinghua University, which is one of China’s most distinguished universities. China Carbon has a complete quality assurance system and it fully follows environmental management standards. It passed the ISO 9001: 2000 quality management system certifications in October 2003 and it meets ISO 1400 environmental management standards.
China Carbon Graphite is approved to continue trading on OTCQB.
EACO Corp. (OTCQB: EACO) – EACO Corporation is a real estate holding company that is the sole shareholder of Bisco Industries Inc., a master distributor of electronic components and fasteners.
Bisco Industries operates under four brands: Bisco, National Precision, Fast-Cor and Component Power.
EACO is approved to continue trading on OTCQB.
Eurosite Power Inc. (OTCQB: EUSP) – EuroSite Power has developed an innovative financial solution that provides significant economic and operational benefits to organizations in both the public and private sectors.
Its On-Site Utility™ Solution delivers real cost savings by efficiently generating low cost, low carbon energy on your property using highly efficient mechanical plant such as Combined Heat and Power (CHP) or natural gas fuelled air source heat pumps or chillers. Such equipment will generate electricity, heating, hot water and/or cooling much more economically than can be sourced from outdated plant and traditional utilities via the National Grid – if it’s expertly operated.
Eurosite Power is approved to continue trading on OTCQB.
First Niles Financial, Inc. (OTCQB: FNFI) – First Niles Financial is the holding company for Home Federal Savings and Loan Association of Niles. Home Federal provides banking products and services in the Niles, Ohio area. Niles is located approximately 13 miles northwest of Youngstown, Ohio. The savings and loan (S&L) was founded in 1897.
First Niles Financial is approved to continue trading on OTCQB.
HPEV, Inc. (OTCQB: WARM) – The biggest and most expensive and limiting engineering problem in manufacturing is HEAT. Heat is the enemy of engineering and reduces power output of motors and generators and efficiency and lifetime in all rotating equipment. According to independent third-party testing firms, the management team of WARM has solved this problem. HPEV's CEO Tim Hassett spent his days building major manufacturing companies including turning around two divisions of GE for Jack Welch. HPEV's management team is comprised of experienced and well-connected industry professionals including Tim Hassett and Mark Hodowanec (CTO), who co-designed NASA's Mars Exploration Rover drive train, and Quentin Ponder (Vice Chairman) who was named one of the five best executives for manufacturing improvement pathways in the modern industrial era. WARM was founded to commercialize and monetize its portfolio of patents that affect a number of industrial and manufacturing issues, primarily to remove heat from motors and generators and other rotating equipment dramatically better than anything on the market. This means lower costs (25% or more) and higher power output (20-40%) for motors and generators and numerous similar benefits to other manufacturing applications. HPEV's technology represents the first cost/output improvement in the motor/generator/pump marketplace (a $100 market) of more than 5% since the 1950s.
HPEV is approved to continue trading on OTCQB.
Inception Mining Inc. (OTCQB: IMII) – Inception Mining is a mining exploration company engaged in the acquisition, exploration, and development of mineral properties, primarily for high-grade gold deposits, from owned mining properties.
Inception Mining is approved to continue trading on OTCQB.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for these companies on www.otcmarkets.com.
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