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Daytradersdigest.com: DayTradersDigest.com: Health Stock News: IMGR,
TNSX, ETGS & MHLI
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:21082008
Boston, MA -- Infinity Medical Group Inc. (PINKSHEETS: IMGR); Transax
International Limited (OTCBB: TNSX); ELM Technologies, Inc.
(PINKSHEETS: ETGS); Marshall Holdings International, Inc. (OTCBB: MHLI)
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Infinity Medical Group Inc. (PINKSHEETS: IMGR) closed at $0.12
Wednesday, trading 244,011 shares.
Company News- August 20, 2008: Infinity Medical Group Inc. Launches Two
New Websites to Promote Its Dental Implant Clinics
Infinity Medical Group Inc. (PINKSHEETS: IMGR) is pleased to have
announced earlier today that it has launched two new websites to
promote its dental implant clinics. The site www.2thimplant.com is
meant to promote and educate the general public about dental implants,
and www.dentalimplantpartners.com is designed to promote the
opportunity of joining and learning more about dental implants for
dentists. Two thousand Americans will turn 50 every day (1 every 8
seconds) for the next 20 years. Studies show the number of Americans
over 55 will grow by 60% in the next 20 years and their buying power
will exceed $2 trillion by 2007. (Business Communications Co., Inc.,
February 2005).
The company is pleased with the launch of www.2thimplant.com and
www.dentalimplantpartners.com. It is meant to not only increase
awareness with the general public but also serves to enhance the bottom
line of its clinics and provide easier access for both dentists and the
patients they serve.
About Infinity Medical Group Inc.:
Infinity Medical Group Inc. is a specialty healthcare development
company focusing on the building, finance and management of cosmetic
medical laser and dental implant clinics offering elective procedures.
For more information, please visit www.infinitymedical.com.
About Dental Implants:
Dental implants are designed as permanent replacements for missing
teeth. A dental implant is a metal post that is surgically placed into
the bone under the gums. The purpose of the placement into the bone is
to encourage the integration of the dental implants. The bone actually
grows around the dental implant, making the tooth secure. A replacement
tooth is attached to the titanium post by means of a final abutment.
About Infinity Medical Group Inc.
Specializing in servicing medical, dental professionals and specialty
healthcare industry in the acquisition of facilities, equipment
technology, systemization, branding, containment and development.
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Transax International Limited (OTCBB: TNSX) closed at $0.004 Wednesday,
trading 84,900 shares.
Company News- August 20, 2008: Transax International Reports Record
Second Quarter Results
Transax International Limited (Transax) (OTCBB: TNSX), a network
solutions company for healthcare providers and health insurance
companies, yesterday reported record financial results for the first
half of 2008 and second quarter ended June 30, 2008.
For the quarter ending June 30, 2008, Transax generated net revenues of
$1,730,992 compared to $1,337,676 in net revenues during second quarter
of 2007, a 29% increase. The increase in revenue was reflected by
continued growth in real-time transactions and rollout of previously
announced contracts and currency exchange differences. Transaction
volume was 2.2 million for the second quarter of 2008.
Loss from operations in the second quarter of 2008 was $101,561
compared with a $46,639 loss during the same period in 2007. Net loss
for the second quarter of 2007 was $926,945, compared with a net loss
in the second quarter of 2007 of $217,703. The increase in net loss is
principally due to an increase in non-cash expenses related to
derivative liabilities.
For the quarter ending June 30, 2008, the Company incurred $1,832,553
in operating expenses compared to $1,384,315 during the same period in
2008. The increase in expenses was attributed to additional one time
costs for installation of new software in the Company's terminals in
Brazil in compliance with a newly introduced government standard for
electronic healthcare transactions.
For the six months ended June 30, 2008 revenues increased by 27% to
$3,211,956 from $2,523,902 during the same period in 2007. The Company
recorded operational income of $23,818 for the six months ending June
30, 2008 compared to operational income of a $67,261 during the same
period in 2007. Net loss for the first six months of 2008 was $161,584
compared to net income of $212,302 for the same period in 2007.
At the end of the second quarter 2008 the Company had over 6,750
solutions operational in Brazil including 3,063 Point of Sales (POS)
Solutions and 868 operational web solutions. The company realigned its
installed base of solutions updating Interactive Voice Response
solutions for its higher priced proprietary Web based products.
About Transax International Limited
Transax International is an emerging network solutions provider for the
healthcare sector. Utilizing its proprietary MedLink technology,
Transax provides a service similar to credit card processing for the
health insurance and providers industries. A Transax transaction
consists of: approving eligibility, authorization, auto-adjudication of
the health claim and generating the claim payable files -- provided
instantaneously in "real time" -- regardless of method of claim
generation.
Transax's solutions have been proven to significantly decrease health
insurance claim expenditures and healthcare provider costs. Based in
Miami, Fl, Transax maintains a major operations office in Rio de
Janeiro, Brazil with approximately 35 staff. The Company has contracts
in place with major health insurers in Brazil and currently undertakes
approximately 750,000 transactions per month, for which Transax
receives on average approximately $0.70 cents per transaction.
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ELM Technologies, Inc. (PINKSHEETS: ETGS) closed at $0.005 Wednesday,
trading 130,750 shares.
Company News- August 20, 2008: ELM Technologies, Inc. Nominates
Healthcare Administration Analyst and Nurse Management Executive to
Advisory Board
ELM Technologies, Inc. (PINKSHEETS: ETGS) today announced that Martha
Green Milburn, R.N., M.H.A., a healthcare and nurse management expert,
has joined the Company's Advisory Board.
"Ms. Milburn (Marty) brings an incredible wealth of knowledge and
wisdom to ELM from her years of experience in some of the largest
healthcare organizations in the world -- as an administrator and nurse.
Marty is also an avid supporter of the healthcare workforce model,"
said Barbara Rivera, President of ELM Technologies. "She is going to be
a terrific advisor and we're excited and honored that she has chosen to
work with us." "ELM is doing an incredible job providing workforce
optimization solutions that address the human capital management crisis
currently facing long-term care," stated Marty Green Milburn. "I have
been particularly impressed with the EmLogis GENERATOR workforce
modeling system and the company's commitment to integration and
implementation. I look forward to working with and learning from the
other advisory board members to help guide this company's inspiring
growth and make a difference in the industry." About Martha Green
Milburn, R.N., M.H.A.
Marty Green Milburn is a published healthcare administration analyst
and registered nurse with a Masters Degree in Hospital and Health Care
administration from the University of Iowa and a Bachelors Degree from
the University of Kansas. Among Green Milburn's many nursing endeavors,
she completed preceptorships in Stanford University's Operating Rooms,
Palo Alto, California and in Administration for Mercy Hospital, Iowa
City, Iowa.
About ELM Technologies, Inc.
ELM Technologies, Inc., based in Houston, Texas, offers a new and
improved method to traditional staff scheduling among long term care
facilities and nursing homes. ELM Technologies, Inc. has an exclusive
license to market and sell a unique and proprietary workforce modeling
and scheduling solution from EmLogis, Inc. that both identifies a
significant cost reduction and delivers reduced employee turnover with
increased staff preferences by removing inherent inefficiencies in
scheduling hourly long term care employees. ELM provides the exclusive
rights to market the GENERATOR solution from EmLogis, Inc. to long term
care facilities as a Software-as-a-Service.
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Marshall Holdings International, Inc. (OTCBB: MHLI) closed at $1.30
Wednesday, trading 13,611shares.
Company News- August 20, 2008: Marshall Holdings International, Inc.
Announces: New Business Strategies to Assure Profitability
Marshall Holdings International, Inc. (OTCBB: MHLI) Marshall Holdings
International, Inc. (MHLI) announced yesterday that it has restructured
the Company's operations to reduce costs and control expenditures as it
concentrates on achieving profitability and expanding its product
distribution in the upcoming quarters.
Elwood Sprenger, Chairman of the Marshall Board, stated, "As we enter
the stage where expanded product distribution will begin to impact the
bottom line, the significant initial start-up costs of reintroducing
and launching our new product line, SOCKO Energy beverages, to the
marketplace are also behind us. " Sprenger continues, "Now that that
stage of growth is absorbed, we have also focused on identifying and
redefining past business strategies to improve cost controls while
increasing marketing and most importantly our profitability. We are
excited to now implement more cost-effective methods to distribute
SOCKO in the U.S. and internationally. Product acceptance has been very
encouraging and SOCKO is already becoming one of the fastest-growing
independent energy brand beverages in the U.S."
ABOUT MARSHALL
Marshall Holdings International, Inc. (MHLI) is a publicly traded
company dedicated to providing life enhancing products and services
through modern distribution channels and technology. MHLI has
strategically positioned itself for growth and expansion into every
market place possible for the development, marketing and sales of
wellness products and services.
ABOUT SOCKO
SOCKO Energy was developed to appeal to a mass audience without
succumbing to the latest "extreme" trends of other energy drinks. The
end result is that SOCKO is a vibrant, eye-catching energy drink filled
with clean, refreshing, non-heavy, healthy ingredients with a smooth
taste plus an electrifying color and label.
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