$TRON Great points by MusashiG, and excellent poss
Post# of 178
https://investorshub.advfn.com/boards/read_ms...=145322031
This is before the next round of $10M in financing is put into play for upcoming acquisitions and implementation of the company business plan.
"With this working capital facility in place, we can implement our strategic plans for operations and we shall be poised to explore additional acquisition opportunities to add to our base of operations,” stated Rene Ortiz Morentin, Toron’s Chief Executive Officer."
Source:
https://backend.otcmarkets.com/otcapi/company...29/content
These numbers also do not include iMedScan sales via kiosks or implementation through software sales, nor do they include iMedscan's potential to increase revenue by way of assisting the insured and the insurer.
“iMedScan’s proprietary technology will generate a twenty-five percent (25%) reduction in patient insurance rejections or denials from insurance payors,” Morentin said. He continued, “changes in the healthcare industry have considerably lowered profit margins and increase the costs of healthcare to consumers; we believe our technology will create significant cost reductions that will benefit both insurers and insureds.”
" iMedScan finalized a test program with Change America, formerly Emdeon Corporation, utilizing an electronic data interchange for verifying and
validating patients’ health insurance. “We estimate a fifty percent (50%) net profit recapture from each medical office that adopts our technology,” Morentin noted. Currently, in addition to traditional medical offices, iMedScan is focusing on the further development and commercialization of kiosk devices hosting the company’s scanning solution."
.....25% reduction + 50% recapture.....
Toron is looking strong and stronger.
8-k coming by way of Sterling.
And as MovingOn mentioned, it's approaching two months since the closing of the InMed deal. I believe someone mentioned prior monthly revs at $8M per month. Those two months should stack nicely alongside Musashi's estimates for the totals(as seen at the beginning of this post).
Closing out, Toron finishes the week green on increased volume.