Tuesday, June 9, 2009

MEDEFILE: A Stock with High Risk but Huge Rewards?

Here is a stock that could pay off BIG! This stock is a medical file company. Medefile International, Inc., through its subsidiary, Medefile, Inc., develops systems for gathering, digitizing, storing, and distributing information for the healthcare industry. The companys products include MedeFile, a business to business (b2b) and a business to consumer subscription service that retrieves and consolidates copies of patients medical records; Digital Health Profile, which provides a summary of the patient's healthcare history that assists healthcare providers in understanding the patient's course of medical treatment; MedeDrive, an external USB drive, which stores patients emergency medical information and their MedeFile that could be viewed on a personal computer; and MedeVault, which is designed to serve as an electronic data and document repository. Its product portfolio also comprises Medefile Clinical Information Systems, a b2b professional consulting service; MedeMinder, a reminder service of MedeFile; and SecurMed that serves as an authentication process, which protects against information being viewed by unauthorized persons. The company offers its solutions through its Website, physician referrals, large group offerings, and insurance companies. It serves health maintenance organizations, preferred provider organizations, managed care organizations, unions, corporations, home healthcare agencies, retirement communities, nursing homes, public and private schools, summer camps, and Internet users. The stock symbol is MDFI.OB and is trading for .0007 which is inexpensive with high risk but could have a huge payoff if the government goes to a no paper system. No guarantees but worth the try!

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