Stock to Watch: UYMG ‘‚¬â€œ March 23, 2010
Weston, FLA -- Wall Street News Alert's "stocks to watch" this morning are: Unity Management Group Inc. (OTC: UYMG), Emerging World Pharma Inc. (OTC: EWPI), IceWEB, Inc. (OTCBB: IWEB) and MedLink (OTCBB: MLKNA).
Yesterday after the markets closed, Unity Management Group Inc. (OTC: UYMG) issued a press release announcing that it has submitted an offer to purchase a Health care PPO Network, located in Nevada.
This is a turn key operation with no debt. The assets include contracts with approximately 1800 physicians, and providers. Additionally the PPO has contracts with 14 surgical centers, and 9 Home Health and Durable Medical Providers. This is an exceptional opportunity for a company to enter the Las Vegas marketplace with much of the set up work eliminated, cutting down setup time from as long as 2 years to several weeks. The contracted rates with physicians and providers are very competitive, usually beating out the competition, and would keep premiums low; plus, the PPO provides physicians and providers of all specialties.
The PPO lends itself very nicely to building clients in the Casino Industry. Many of the Casinos have self-funded Insurance Plans, paying as much as $7.00 per member per month to nationwide PPOs. This business, being local, could provide an expanded network of Doctors at a lesser rate, thus saving Casinos a significant expense each month.
With the new legislation, and expected package changes, insurers stand to get more than 20 million new customers. New health insurance exchanges, where consumers can shop for policies, will provide an easy way to reach these new customers; emphasizing the importance of a discounted network, and PPO.
The stock closed yesterday at around Four cents a share.
For an in-depth profile of Unity Management Group, visit http://wallstreetnewsalert.com/view-company-profiles.php?profile=UYMG_032210.
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Emerging World Pharma Inc. (OTC: EWPI) up 174.2 on 2.4 million shares traded.
On Mar 22, 2010 Emerging World Pharma Inc. recently stated that after recently returning from a tour of generic drug manufacturing facilities in West Africa, Emerging World Pharma president, Brandon Keks reported that the generic drug manufacturing firm the company has invested in has begun installation on the first line of production equipment in its manufacturing facility in Sunyani, Ghana with a second line of equipment to follow. The company expects the first line of production equipment to be operational in April. The drugs are to be marketed and sold for private and public sale and use throughout West Africa.
"We expect to have the initial revenues from the first line of production within the second quarter of 2010. Based on what we expect to be a high rate of return the company anticipates exercising its option to significantly increase profit sharing with an additional investment," stated Emerging World Pharma president, Brandon Keks. Once both manufacturing lines are operational the company expects yearly revenues to exceed in excess of 20 million USD. According to an IMS forecast imports of finished products account for over 60% of the African pharmaceutical industry.
About Emerging World Pharma Inc.: Emerging World Pharma Inc. is an investor in generic based pharmaceutical companies manufacturing within developing nations. The company focuses its investments on generic pharmaceutical companies that have contracts with three major buyer groups; church, government and wholesalers. Market research shows that these branches are the most secure, protected and reputable for the distribution of medicines.
IceWEB, Inc. (OTCBB: IWEB) up 9% on 1.1 million shares traded.
On Mar 22, 2010 IceWEB, Inc. a leading provider of Unified Data Storage, building blocks for cloud storage networks, and purpose built appliances, recently announced it is pleased to provide details for the Company's inaugural broadcast on IceWEB.TV (www.iceweb.tv). The inaugural broadcast will take place on Thursday, March 25th at 4:15 PM ET. IceWEB encourages all interested parties to join the broadcast. In order to access the broadcast via IceWEB.TV, please click the following link: www.iceweb.tv.
About IceWEB, Inc.: Headquartered just outside of Washington, D.C., IceWEB manufactures and markets data storage products, network and cloud storage solutions and delivers on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit www.IceWEB.com.
MedLink (OTCBB: MLKNA) up 7.7% on 228,000 shares traded.
On Mar 22, 2010 MedLink recently announced that it has been proactive and involved in the selection process of several Health Information Technology Regional Extension Center (RECs) and HIE programs to utilize the MedLink EHR and MedLink Data Aggregator in the improvement of the secure exchange of electronic health records between providers and healthcare facilities. The exchange of data is a crucial aspect for eligible healthcare providers to be deemed meaningful users of health IT and receive the incentive payments under the Medicare and Medicaid electronic health record (EHR) incentive program.
Ray Vuono, President of MedLink, stated, "As we as a nation look for answers on how to deal with Healthcare, the one thing that remains a constant is our country's commitment to the adoption of Healthcare IT, in particular for physicians in the small to medium size Practices, MedLink's target market. We look to take advantage of this movement through the offering of our products through broad based federal, state and local programs including Medicare incentives, Regional Extension Centers and HIEs."
About MedLink: MedLink is a healthcare IT company that provides the medical community with products and services designed to help create, manage, and share medical information. The company's flagship product, MedLink TotalOffice EHR 3.1, a CCHIT Certified(R) 08 Ambulatory EHR, provides physicians with full EHR and practice management functionality. For more information regarding MedLink's products and services, please visit www.medlinkus.com.
Market Commentary: Oil fell but traded above $80 a barrel Monday. Prices bounced between $70 and $85 for most of the last nine months as the global economy recovers from last year's recession.
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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Unity Management Group Inc. (OTC: UYMG), WSCF has been compensated Two Million shares by a third party who is non-affiliated and may hold a significant position in the stock. WSCF holds One Million of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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