Me and Toodle with support of Kgem have shaken the
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Posted On: 12/11/2020 2:54:36 PM
Me and Toodle with support of Kgem have shaken the tree so to speak to validate some of the DD that appears to have been taken for granted. What we found is that a lot of the assumptions were all wrong.
Heath Resources INC was the holding company for the business unit of Physician and Pharmaceutical Services Inc. (PPSI) which was started around 2003. But the fact is, Heath Resources Inc. was quietly sold to Hammond, Kennedy, Whitney & Company in 2015 and they in turn sold it to Paramount health.
Physician and Pharmaceutical Services Inc. (PPSI) is still under Doc’s control and is a subsidiary of Univec and much of the business by Health Resources Inc. was folded into PPSI. In 2017 HRI had 171 million in revenue, and this makes the 204 million in revenue we hear about all the time very plausible. I found a few business deals for prescription validation services indicating that business is still live and kicking. It is this business unit (PPSI) that seems to have the connection to 70,000 pharmacies.
Bloomberg Company Profile
Physicians' Pharmaceutical Services, Inc. engages in retail and wholesale distribution of prepackaged and pre-labeled pharmaceuticals to physicians, ambulatory care centers, health maintenance organizations, dentists and other medical practitioners. The company (PPSI) also provides pharmacy management services to large group medical practices, managed care facilities, and military care centers --- also prisons.
What does this new information mean for UNVC investors? It likely means that Chiatra Dalton (David Dalton's daughter), who ran HRI is now likely in effect running UNVC or at least the money making part of UNVC.
We also confirmed multiply UNVC branded patches are ending trials soon and one may become available just a little after the first of the year (in 2021).
This is solid information for current and future UNVC investors.
Heath Resources INC was the holding company for the business unit of Physician and Pharmaceutical Services Inc. (PPSI) which was started around 2003. But the fact is, Heath Resources Inc. was quietly sold to Hammond, Kennedy, Whitney & Company in 2015 and they in turn sold it to Paramount health.
Physician and Pharmaceutical Services Inc. (PPSI) is still under Doc’s control and is a subsidiary of Univec and much of the business by Health Resources Inc. was folded into PPSI. In 2017 HRI had 171 million in revenue, and this makes the 204 million in revenue we hear about all the time very plausible. I found a few business deals for prescription validation services indicating that business is still live and kicking. It is this business unit (PPSI) that seems to have the connection to 70,000 pharmacies.
Bloomberg Company Profile
Physicians' Pharmaceutical Services, Inc. engages in retail and wholesale distribution of prepackaged and pre-labeled pharmaceuticals to physicians, ambulatory care centers, health maintenance organizations, dentists and other medical practitioners. The company (PPSI) also provides pharmacy management services to large group medical practices, managed care facilities, and military care centers --- also prisons.
What does this new information mean for UNVC investors? It likely means that Chiatra Dalton (David Dalton's daughter), who ran HRI is now likely in effect running UNVC or at least the money making part of UNVC.
We also confirmed multiply UNVC branded patches are ending trials soon and one may become available just a little after the first of the year (in 2021).
This is solid information for current and future UNVC investors.
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