$TRON MovingOn's Revenue DD and Year End Checklist - a must read!
The year end DD check list
InMed Deal confirmed and reconfirmed. The year started very slow but ended with a bang. 2019 will be very busy in the land of TRON.
1. LOI signed with InMed 03/2017
2. TRON approved for DWAC and FAST electronic delivery access 02/18
3. All Financial documents provided by InMed 03/18
4. Flagship provides financing - confirmed July, 2018.
5. Toron, IMedscan & InMed web-sites updated.
6. Purchase Agreements signed 08/07/18
7. Purchase Agreements Executed 10/10/18
8. Inmed deal confirmed in Corporate Update 10/23/18
9. InMed and Flagship each receive 100 Million shares.
10. $10 Million in working capital secured 10/31/18
11. Sterling Issuer Service hired to prepare and file an 8-K
12. 100 Million Shares Transferred to InMed 11/15/18
13. InMed confirms deal in a letter to Toron 11/19/18
14. CEO confirms plan to be a fully reporting company 11/20/18
15. 100 Million Shares Transferred to Flagship. 11/27/18
16. Confirmed Patrick Ryan joins the BOD in February 1st.
17. InMed dissolves their Services Company with State of AL effective 12/31/18.
In early 2019 we look forward to the 8-K. Also InMed is in the process of changing state licenses to Toron. Either of these two can happen at any time
Tron/InMed has $135 Million in Revenue. Confirmed by Medicare.(Sept. & Nov. 2018)
TRON/InMed Group owns 3 hospitals and 9 assisted living facilities.
The revenue from the Assisted Living facilities is estimated to be $43 Million per year.
The revenue from the hospitals is as follows.
Crenshaw Community Hospital $30,933,178.00
https://www.ahd.com/free_profile.php?hcfa_id=...dde8628a87
Bullock County Hospital $40,889,597.00
https://www.ahd.com/free_profile.php?hcfa_id=...18-000-917
Mountain Lakes Hospital $63,028,164.00
https://www.ahd.com/free_profile.php?hcfa_id=...2310fdb7e5
TRON/InMed's Assisted Living generates $43 Million per year. Each of these facilities have their own operating companies. Some of the locations have more than one operating company involved.
The $43 Million is an estimate of current revenues based on the following:
There are 8 (16) unit facilities. Each unit generates $33,600 per year. That is $5.3 Million per facility and $43 Million altogether. Here are links to the individual locations.
http://www.gardensofclanton.com
http://www.gardensofdaphne.com
http://www.gardensofeufaula.com
http://www.limestonelodgeal.com
http://www.limestonemanoral.com
http://www.gardensofmadison.com
http://www.gardensofpelham.com
http://www.gardensofwetumpka.com
They all operate under Great Oaks Management which is overseen by Brad at InMed.
Inmed's $10 Million per month in revenues are now flowing to TRON as InMed is being dissolved as a company. All we are really waiting for at this point is an 8-K and the government agencies to get everything updated. While we wait the revenues are flowing. There is no rush
When you are looking at $135 Million in revenues as we have here with InMed/TRON every 1% they can save on administrative costs drops $1.35 Million to the bottom line. At the end of the day TRON bought InMed so that they can cut costs and make the entities more efficient. That is why InMed wanted the 100 Million shares. They see the vision and want to share in the future profits.
Jacques Jarry, Founder and Chief Executive Officer, stated “It is our pleasure to confirm our Agreements for the completion of the acquisition of The InMed Group, Inc. and its affiliated entities.” Mr. Jarry further added “As you are aware, there are necessary State and Federal notifications required regarding the change in control for the InMed Group operating entities. This process can take 30-45 days, however, we anticipate such on approximately Dec 21st, 2018. We are pleased to become part of the Toron family and towards building a stronger and expanded healthcare network.”
InMed built the $42 Million Mountain Lakes Medical Center project. Toron owns InMed. The project includes the new hospital. The old hospital being renovated, the spa and the outpatient clinic. This was owned by InMed and TRON now owns InMed. Take a look.
https://www.healthcaredesignmagazine.com/proj...al-center/
Mountain Lakes Hospital has $63,028,164.00 in Revenues. This one we know is owned by InMed because they built it. The facility is part of a $42 Million project now owned by Toron through their InMed subsidiary.
https://www.ahd.com/free_profile/111336/Mount...on/Georgia
The goal is an uplisting "It is Toron’s intent to become a fully reporting company. We are currently finalizing our choice of auditors who will have no small task ahead of them, auditing Toron and its subsidiaries, iMedScan and The InMed Group. We will be instilling a stronger corporate vision internally. With this vision in mind, we have decided to file an 8K and should be doing so in short order." - TRON CEO
Thank you to MovingOn for the great DD and great contributions!
Additionally, here is a link to the $TRON news via OTCMarkets:
https://www.otcmarkets.com/stock/TRON/news
Finally, without fail, here are links to confirmation letters of the InMed deal. The first link is from CEO Shah(of Flagship), confirming the financing and declaring the intent for continued partnership. That is significant, given that Toron's CEO, Rene Ortiz Morentin, has mentioned in more than one soundbite, that InMed would be the first in a series of acquisitions. The second link is from CEO Jarry(of InMed), the acquired entity that Toron has now obtained thanks to financing from Flagship and great teamwork by the business powerhouses at Toron and InMed.
https://twitter.com/rvom110/status/1057633512138846208
https://twitter.com/rvom110/status/1064526288835117056
Happy New Year, Everyone! 2019 is Toron's Year.
PS Here is an extra $10M in financing("accepted AND executed"
. They are now "poised to explore ADDITIONAL acquisition opportunities to add to our base of operations".
TUCSON, ARIZONA – October 31, 2018 - Toron, Inc. (OTC Pink: TRON) provides its stockholders today with a corporate status update.
“We are pleased to announce that Toron has accepted and executed a Letter of Intent for a $10 million working capital facility from a privately held finance company specializing in financing healthcare providers in the United States. 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.
Additionally, the Company has engaged Sterling Issuer Services to prepare and file with the Securities and Exchange Commission a Form 8-K.
Source:
https://backend.otcmarkets.com/otcapi/company...29/content
The year end DD check list
InMed Deal confirmed and reconfirmed. The year started very slow but ended with a bang. 2019 will be very busy in the land of TRON.
1. LOI signed with InMed 03/2017
2. TRON approved for DWAC and FAST electronic delivery access 02/18
3. All Financial documents provided by InMed 03/18
4. Flagship provides financing - confirmed July, 2018.
5. Toron, IMedscan & InMed web-sites updated.
6. Purchase Agreements signed 08/07/18
7. Purchase Agreements Executed 10/10/18
8. Inmed deal confirmed in Corporate Update 10/23/18
9. InMed and Flagship each receive 100 Million shares.
10. $10 Million in working capital secured 10/31/18
11. Sterling Issuer Service hired to prepare and file an 8-K
12. 100 Million Shares Transferred to InMed 11/15/18
13. InMed confirms deal in a letter to Toron 11/19/18
14. CEO confirms plan to be a fully reporting company 11/20/18
15. 100 Million Shares Transferred to Flagship. 11/27/18
16. Confirmed Patrick Ryan joins the BOD in February 1st.
17. InMed dissolves their Services Company with State of AL effective 12/31/18.
In early 2019 we look forward to the 8-K. Also InMed is in the process of changing state licenses to Toron. Either of these two can happen at any time
Tron/InMed has $135 Million in Revenue. Confirmed by Medicare.(Sept. & Nov. 2018)
TRON/InMed Group owns 3 hospitals and 9 assisted living facilities.
The revenue from the Assisted Living facilities is estimated to be $43 Million per year.
The revenue from the hospitals is as follows.
Crenshaw Community Hospital $30,933,178.00
https://www.ahd.com/free_profile.php?hcfa_id=...dde8628a87
Bullock County Hospital $40,889,597.00
https://www.ahd.com/free_profile.php?hcfa_id=...18-000-917
Mountain Lakes Hospital $63,028,164.00
https://www.ahd.com/free_profile.php?hcfa_id=...2310fdb7e5
TRON/InMed's Assisted Living generates $43 Million per year. Each of these facilities have their own operating companies. Some of the locations have more than one operating company involved.
The $43 Million is an estimate of current revenues based on the following:
There are 8 (16) unit facilities. Each unit generates $33,600 per year. That is $5.3 Million per facility and $43 Million altogether. Here are links to the individual locations.
http://www.gardensofclanton.com
http://www.gardensofdaphne.com
http://www.gardensofeufaula.com
http://www.limestonelodgeal.com
http://www.limestonemanoral.com
http://www.gardensofmadison.com
http://www.gardensofpelham.com
http://www.gardensofwetumpka.com
They all operate under Great Oaks Management which is overseen by Brad at InMed.
Inmed's $10 Million per month in revenues are now flowing to TRON as InMed is being dissolved as a company. All we are really waiting for at this point is an 8-K and the government agencies to get everything updated. While we wait the revenues are flowing. There is no rush
When you are looking at $135 Million in revenues as we have here with InMed/TRON every 1% they can save on administrative costs drops $1.35 Million to the bottom line. At the end of the day TRON bought InMed so that they can cut costs and make the entities more efficient. That is why InMed wanted the 100 Million shares. They see the vision and want to share in the future profits.
Jacques Jarry, Founder and Chief Executive Officer, stated “It is our pleasure to confirm our Agreements for the completion of the acquisition of The InMed Group, Inc. and its affiliated entities.” Mr. Jarry further added “As you are aware, there are necessary State and Federal notifications required regarding the change in control for the InMed Group operating entities. This process can take 30-45 days, however, we anticipate such on approximately Dec 21st, 2018. We are pleased to become part of the Toron family and towards building a stronger and expanded healthcare network.”
InMed built the $42 Million Mountain Lakes Medical Center project. Toron owns InMed. The project includes the new hospital. The old hospital being renovated, the spa and the outpatient clinic. This was owned by InMed and TRON now owns InMed. Take a look.
https://www.healthcaredesignmagazine.com/proj...al-center/
Mountain Lakes Hospital has $63,028,164.00 in Revenues. This one we know is owned by InMed because they built it. The facility is part of a $42 Million project now owned by Toron through their InMed subsidiary.
https://www.ahd.com/free_profile/111336/Mount...on/Georgia
The goal is an uplisting "It is Toron’s intent to become a fully reporting company. We are currently finalizing our choice of auditors who will have no small task ahead of them, auditing Toron and its subsidiaries, iMedScan and The InMed Group. We will be instilling a stronger corporate vision internally. With this vision in mind, we have decided to file an 8K and should be doing so in short order." - TRON CEO
Thank you to MovingOn for the great DD and great contributions!
Additionally, here is a link to the $TRON news via OTCMarkets:
https://www.otcmarkets.com/stock/TRON/news
Finally, without fail, here are links to confirmation letters of the InMed deal. The first link is from CEO Shah(of Flagship), confirming the financing and declaring the intent for continued partnership. That is significant, given that Toron's CEO, Rene Ortiz Morentin, has mentioned in more than one soundbite, that InMed would be the first in a series of acquisitions. The second link is from CEO Jarry(of InMed), the acquired entity that Toron has now obtained thanks to financing from Flagship and great teamwork by the business powerhouses at Toron and InMed.
https://twitter.com/rvom110/status/1057633512138846208
https://twitter.com/rvom110/status/1064526288835117056
Happy New Year, Everyone! 2019 is Toron's Year.
PS Here is an extra $10M in financing("accepted AND executed"
. They are now "poised to explore ADDITIONAL acquisition opportunities to add to our base of operations". TUCSON, ARIZONA – October 31, 2018 - Toron, Inc. (OTC Pink: TRON) provides its stockholders today with a corporate status update.
“We are pleased to announce that Toron has accepted and executed a Letter of Intent for a $10 million working capital facility from a privately held finance company specializing in financing healthcare providers in the United States. 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.
Additionally, the Company has engaged Sterling Issuer Services to prepare and file with the Securities and Exchange Commission a Form 8-K.
Source:
https://backend.otcmarkets.com/otcapi/company...29/content
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