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Quantum Group Incorporated


News and Blogs

Total : 2 View more »

Quantum Group to leave AMEX

southflorida.bizjournals.com | Oct 27, 2009

The Wellington-based electronic medical records and health management company, which currently trades under the symbol “QGP,” received a warning that it was deficient for listing from AMEX in March because of its financial condition.

http://southflorida.bizjournals.com/southflorida/stories/2009/10/26/daily41.html?ana=from_rss

Quantum Group suffers deep losses in Q3

southflorida.bizjournals.com | Sep 22, 2009

In a Securities and Exchange Commission filing, the Wellington-based health care technology company said there was “substantial doubt about its ability to continue as a going concern.” Quantum Group (AMEX: QGP) lost $3.9 million, or 34 cents a share, on revenue of $10.

http://southflorida.bizjournals.com/southflorida/stories/2009/09/21/daily24.html?ana=from_rss

 

Royal Quantum Group, Inc. Announces Drilling Underway on Bond Prospect - Zibb.com

Royal Quantum Group, Inc. (OTCBB: RYQG) (the "Company") announces drilling is underway on the Bond # 1-18 prospect. The Bond #1-18 is located on the Nemaha Ridge in north central Oklahoma approximately 1.5 miles north of the town of Lucien. The Nemaha Ridge is characterized by multiple pay zones at relatively shallow depths. This prospect has the potential for several pay zones with the prime objective being the 1st Wilcox Sandstone.

The company closed its previously announced funding at 55 units for a total of $137,500. Each Unit consists of 10,000 restricted common shares of the Company and will pay a dividend to the unit holder on a portion of the revenue received from the well. In addition, each unit will carry an option to purchase shares in the Company at $0.25 per share for a period of 18 months.

Management is continuing its review of additional opportunities for participation in the drilling of oil and gas wells in the area to increase shareholder value.

Royal Quantum is a North American-based exploration and development Company, focusing on the acquisition and development of cash flow or near term cash flow producing properties in the resource sector. Royal Quantum is a fully reporting public company trading on the OTCBB market under the symbol RYQG.

Statements released by Royal Quantum Group, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

Visit the Royal Quantum Group, Inc. web site at www.royalquantum.com. Information included on the Company's website is not incorporated herein by reference or otherwise.

For additional information please contact:
Royal Quantum Group, Inc.
Suite # 145
251 Midpark Blvd S.E.
Calgary, AB T2X 1S3
Tel: 403-288-4321
Fax: 403-201-5792


SOURCE: Royal Quantum Group, Inc.

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Tags: bond   business   calgary   dividend   exploration   market   oil and gas   oklahoma   securities   web  

Companies: Royal Quantum Group Inc (RYQG), Royal Quantum Group Inc (RYQGE)

 

The Quantum Group Announces PWeR Deployment with First Renaissance-Affiliated Provider - Zibb.com

The Quantum Group, Inc. (NYSE Amex:QGP) announced today that the first physician affiliated with Quantum subsidiary Renaissance Health Systems has "gone live" with PWeR(TM) (Personal Wellness electronic Record(TM)), the one patient, one record(TM) electronic medical record platform offered by Quantum Innovations, Inc. This successful deployment marks the inception of the cross-marketing potential that is core to the Quantum model.

Renaissance Health Systems has more than 2,000 affiliated providers and multiple contracts with payers that have assigned nearly 5,000 patient lives to Renaissance for the coordination of their healthcare.

Dr. Edgar R. Blecker is a primary care physician in Sebastian, Florida and has been affiliated with Renaissance for approximately a year and a half. He has recently expanded his operations into a second facility and added new physicians. Using the web-based PWeR platform, Dr. Blecker and his associates can collaborate and connect in real time.

Dr. Blecker noted, "We are thrilled to be live on PWeR. The platform follows a natural workflow and has allowed us to streamline our existing processes and create a more efficient office environment. The training and support have been consistent with the high quality and service we have experienced during our relationship with Renaissance. There is great benefit and simplicity in working with a Company that has many solutions under one umbrella."

Pete Martinez, Quantum Senior Vice President and Chief Technology & Innovations Officer, has led the development of PWeR from inception. "Dr. Blecker is an innovator and is a fantastic example of how PWeR can be scaled to meet the needs of any practice from the solo practitioner, to a multiple-physician group practice, medical facility or a hospital environment. PWeR allows Dr. Blecker to have the flexibility to share critical patient information between his two offices with a click of the mouse and to monitor daily operations. Further, as Dr. Blecker conducts rounds in the hospitals to visit with any of his admitted patients, he can access and update his patient records and order any necessary tests, procedures, or prescriptions as he conducts his examinations."

Martinez continued, "The country is demanding reform of the healthcare delivery system and we believe PWeR is an ideal tool to facilitate that change. PWeR stands apart from existing, and largely software-based, players in the market through our one patient, one record approach fueled by the Internet. Our 19 patent applications are revolutionary in this industry."

About PWeR(TM)

PWeR stands for Personal Wellness electronic Record(TM). This 21st Century electronic medical records (EMR) solution is the one patient, one record(TM) intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers can access a patient's entire medical record at one glance. Patients can look back over physician instructions or track their wellness progress. In critical situations or in providing treatment to PWeR patients, hospitals can access full medical histories and make educated treatment decisions based on accurate data. That's PWeR - complexity meets simplicity. For more information, please visit www.myPWeR.com.

About The Quantum Group, Inc.

The Quantum Group is an innovation-driven healthcare services organization (HSO) that provides Technology Solutions through PWeR, a 21st Century EMR platform by Quantum Innovations; Provider Systems and services through Renaissance Health Systems, a medical services organization (MSO) with more than 2,000 affiliated providers; and Business Services through Quantum Global Professional Services (QGPS) for healthcare providers and facilities. For more information, please visit www.QuantumMD.com.

Certain statements contained in this news release that are not based on historical facts are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial risks and uncertainties. These risks and uncertainties are in part detailed in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2008, and its Quarterly Reports on Form 10-Q ("Quarterly Reports") for the periods ended January 31, April 30 and July 31, 2009, which were filed with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" and "could," other words of similar meaning and the negative form of such words. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risks and uncertainties include, without limitation, the effect on the Company's stock price as a result of its transition to the quotation of its securities on the OTC Bulletin Board from the listing of its securities on the NYSE Amex LLC, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital in the current credit markets, to implement its business model, to continue its upward revenue growth trend, to control patient medical costs relative to income received, to attract and retain qualified executive, management and operational personnel, to continue growing its patient base, to negotiate or renegotiate favorable terms for its current debt and future financings, to negotiate favorable agreements with a diversified provider base and HMO payers and to continue to supply the services required by these HMO payers and provider clients. There can also be no assurance that the Company's deployment of its PWeR(TM) technology platform will be commercially successful or that the continuing infrastructure development, hosting, security, sales and servicing will be accomplished in a timely manner or at all or be accepted by clients. The PWeR platform may also experience further potential complications during utilization by clients, technical and software setbacks and any unexpected costs of development, as well as pricing and competitive pressures, and the capital necessary to deploy it may not be available on time or at all. The Company is also subject to changes in federal and state government regulations dealing with its provider system and technology solutions that could have a material adverse effect on its financial condition and result in interruptions of services, additional contractual risk and expenses and difficulties in compliance with its alliance partner(s) agreements. The Company does not undertake any obligation to release any revisions to these forward-looking statements publicly to reflect events occurring after the date of this release or to reflect the occurrence of unanticipated events. As a result, investors should not place undue reliance on these forward-looking statements.

SOURCE: The Quantum Group, Inc.

PR Financial Marketing 
Jim Blackman, 713-256-0369 
jim@prfmonline.com 
or 
The Quantum Group, Inc. 
Danielle Amodio, 561-798-9800 
DAmodio@QuantumMD.com

Read more...

Tags: amex   annual report   business   business services   debt   environment   executive   federal   florida   health   healthcare   hmo   hospital   hosting   medical   nyse   patent   president   regulations   revenue   sales   securities   security   software   technology   track  

Companies: Quantum Group Inc/The (QGP)

 

The Quantum Group Receives Delisting Notice from Amex and Initiates Process to Voluntarily Delist

On October 21, 2009, The Quantum Group, Inc. (the "Company") (NYSE Amex:QGP) notified the NYSE Amex LLC ("Amex") of its intent to file a Form 25 with the Securities and Exchange Commission on or about November 2, 2009, and voluntarily delist its common stock, Class A warrants and Class B warrants from Amex. The Company anticipates that the delisting will be effective on or about November 12, 2009, 10 days after the date of its filing of the Form 25. Upon delisting from Amex, the Company intends to have its publicly traded securities quoted on the OTC Bulletin Board following clearance by the Financial Industry Regulatory Authority (FINRA) of a Form 211 application filed by a market maker in Company securities.

The Company has previously reported its receipt of a deficiency letter from Amex dated March 17, 2009, advising that the Company was not in compliance with Section 1003(a)(iv) of the NYSE Company Guide. Specifically, the Company had sustained losses that were so substantial in relation to its overall operations or its existing financial resources, or its financial condition had become so impaired that it appeared questionable, in the opinion of Amex, whether the Company would be able to continue operations and/or meet its obligations as they matured. The Company submitted a plan of compliance, accepted by Amex on May 28, 2009, outlining its strategy to regain compliance with the continued listing requirements by September 17, 2009. By letter dated October 15, 2009, Amex informed the Company of its determination that the Company was unable to regain compliance with these listing requirements and that it intended to strike the Securities from Amex. In addition, the letter cited the failure of the Company to comply with Section 301 of the Company Guide. Section 301 states that a listed company is not permitted to issue, or to authorize its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification from the Exchange that the securities have been approved for listing. The letter also informed the Company that it had the right to appeal the staff determination to delist the Securities.

After considering the costs to the Company of compliance with the continued listing requirements of Amex and other factors, the Board determined that it was not in the best interests of the Company and its shareholders to appeal the delisting of the Company securities from Amex and approved the voluntary delisting of the securities on October 19, 2009.

About The Quantum Group, Inc.

The Quantum Group is an innovation-driven Healthcare Services Organization (HSO) that provides Technology Solutions through PWeR, a 21st Century Electronic Medical Records (EMR) platform; Provider Systems and services through Renaissance Health Systems, a Medical Services Organization (MSO) with more than 2,000 affiliated providers; and Business Services for healthcare providers and facilities through Quantum Global Professional Services. For more information, please visit www.QuantumMD.com

About PWeR(TM)

PWeR stands for Personal Wellness electronic Record(TM). This 21st Century EMR solution is a new breed, intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers can access a patient's entire medical record at one glance. Patients can look back over physician instructions or track their wellness progress. In critical situations or in providing treatment to PWeR patients, hospitals are enabled to access full medical histories and make educated treatment decisions based on accurate data. One patient... one record(TM).

That's PWeR. For more information, please visit www.myPWeR.com.

Certain statements contained in this news release that are not based on historical facts are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial risks and uncertainties. These risks and uncertainties are in part detailed in the Annual Report of the Company on Form 10-K for the fiscal year ended October 31, 2008, and its Quarterly Reports on Form 10-Q ("Quarterly Reports") for the periods ended January 31, April 30 and July 31, 2009, which were filed with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" and "could," other words of similar meaning and the negative form of such words. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risks and uncertainties include, without limitation, the ability of the Company to obtain the clearance it seeks from FINRA for the quotation of its securities on the OTCBB, the continued market liquidity of its securities after they are delisted from Amex, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital in the current credit markets, to implement its business model, to continue its upward revenue growth trend through the end of the current fiscal year and into fiscal 2010, to control patient medical costs relative to income received, to attract and retain qualified executive, management and operational personnel, to continue growing its patient base, to negotiate or renegotiate favorable terms for its current debt and future financings, to negotiate favorable agreements with a diversified provider base and HMO payers and to continue to supply the services required by these HMO payers and provider clients. There can also be no assurance that the deployment by the Company of its PWeR(TM) technology platform will be commercially successful or that the continuing infrastructure development, hosting, security, sales and servicing will be accomplished in a timely manner or at all or be accepted by clients. The PWeR platform may also experience further potential complications during utilization by clients, technical and software setbacks and any unexpected costs of development, as well as pricing and completive pressures, and the capital necessary to deploy it may not be available on time or at all. The Company is also subject to changes in federal and state government regulations dealing with its provider system and technology solutions that could have a material adverse effect on its financial condition and result in interruptions of services, and to contractual risk, expenses and compliance with its alliance partner(s) agreements. The Company does not undertake any obligation to release any revisions to these forward-looking statements publicly to reflect events occurring after the date of this report or to reflect the occurrence of unanticipated events. As a result, investors should not place undue reliance on these forward-looking statements.

SOURCE: The Quantum Group, Inc.

The Quantum Group, Inc., Wellington 
Danielle Amodio, 561-798-9800 
DAmodio@QuantumMD.com 
or 
RedChip Companies 
Dave Gentry, 407-644-4256 Ext. 104 
dave@redchip.com 
or 
PR Financial Marketing 
Jim Blackman, 713-256-0369 
jim@prfmonline.com

Read more...

Tags: amex   business   business services   debt   executive   federal   health   healthcare   hmo   hosting   market   medical   nyse   otc   regulations   revenue   sales   securities   security   software   strike   technology   track  

Companies: Quantum Group Inc/The (QGP)

 

The Quantum Group Submits Final Patent Filing in Support of Healthcare Technology Platform PWeR(TM)

The Quantum Group (NYSE Amex:QGP) announces that it has submitted a final patent filing that covers unique solutions for optimizing performance and access in a cloud computing environment. PWeR, the Quantum technology platform, was built on a cloud computing architecture and is designed to integrate all of the principal applications a provider uses into one system including Electronic Medical Records (EMR). Cloud computing is vital to PWeR as the platform facilitates the patient's entire care team, including primary care physicians, specialists, hospitals and any other provider that sees the patient, to share information and access the patient's complete medical record.

Pete Martinez, Quantum Senior Vice President and Chief Technology & Innovations Officer, leads the team responsible for the development and innovation behind PWeR. "We are at a key moment in the transformation of this industry as methodologies such as cloud computing become more prevalent. Shared access to patient information by the entire care team results in a much more comprehensive patient record readily available whenever and wherever it is needed. Cloud computing makes that possible and our patent ensures that even when there is severe competition for Internet bandwidth, we can provide continuous availability and responsiveness to the user. In particular, the system could detect and prioritize critical medical information over less vital billing or inventory transactions to assure effective operation even in a congested environment."

Most electronic medical record (EMR) applications capture patient data and only retain it in the computer of the recording physician or hospital. PWeR is architected as a system incorporating multiple applications which include EMR, practice management, billing, e-Labs, e-Prescriptions, disease management, medical home (CMS tier 3 qualified), messaging, kiosks and many other key functions. EMR is simply one application in this comprehensive system. The cloud computing model of PWeR facilitates the entire healthcare delivery process.

Noel J. Guillama, Quantum President & CEO added, "Quantum, in collaboration with subsidiary companies Renaissance Health Systems and Quantum Innovations, seeks to provide an innovative, one-stop and comprehensive solution that connects payers, providers and patients and meets business needs industry wide. Single purposed solutions are no longer adequate for the changing healthcare industry. We believe interconnectivity, like that provided by Quantum, is key to the federally-mandated transformation of this industry. Further, we consider ourselves set apart from our competition by our ability to empower the role of primary care physicians and initiatives like the Patient Centered Medical Home (PCMH). The PCMH concept focuses on the need to coordinate the patient care team through streamlined communication. Shared and real-time accessibility to patient information is vital to this concept and we believe PWeR is a natural solution."

About PWeR(TM)

PWeR stands for Personal Wellness electronic Record(TM). This 21st Century EMR solution is a new breed, intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers can access a patient's entire medical record at one glance. Patients can look back over physician instructions or track their wellness progress. In critical situations or in providing treatment to PWeR patients, hospitals are enabled to access full medical histories and make educated treatment decisions based on accurate data. That's PWeR - complexity meets simplicity. For more information, please visit www.myPWeR.com.

About The Quantum Group, Inc.

The Quantum Group is an innovation-driven Healthcare Services Organization (HSO) that provides Technology Solutions through PWeR, a 21st Century Electronic Medical Records (EMR) platform; Provider Systems and services through Renaissance Health Systems, a Medical Services Organization (MSO) with more than 2,000 affiliated providers; and Business Services for healthcare providers and facilities. For more information, please visit www.QuantumMD.com.

Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-K, 10-Q, S-8, SB-2, S-1 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" "could" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to continue revenue growth trend in fiscal year 2009, to control patient medical cost relative to income received, to attract and retain executive, management and operational personnel, to continue growing its patient base, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and HMO clients and to continue to supply the services needed by these HMO clients as well as provider clients. We have further risk in the deployment of our PWeR(TM) technology platform and the continuing infrastructure development, hosting, security, sales and servicing; further potential complications by the utilization by our clients, technical and software setbacks, cost of development, as well as the capital to deploy it as well as pricing and completive pressures. We are also subject to changes in federal and state government regulations dealing with both our provider system and our technology solutions that could have a material economic affect and cause interruptions of services. We are also subject to contractual risk, expenses and compliance with our alliance partner(s) agreements. The Company does not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.

SOURCE: The Quantum Group, Inc.

RedChip Companies 
Dave Gentry, 407-644-4256 x104 
dave@redchip.com 
or 
PR Financial Marketing 
Jim Blackman, 713-256-0369 
jim@prfmonline.com 
or 
The Quantum Group, Inc. 
Danielle Amodio, 561-798-9800 
DAmodio@QuantumMD.com

Read more...

Tags: amex   architecture   bandwidth   billing   business   business services   ceo   debt   disease   environment   executive   federal   health   healthcare   hmo   hospital   hosting   internet   medical   nyse   patent   physicians   president   regulations   revenue   sales   securities   security   software   technology   track  

Companies: Quantum Group Inc/The (QGP)

 

Web Sites

Total : 45 View more »

PDA Case Studies

THE ISSUE HSE Integrated operates a fleet of oilfield safety vehicles with aluminum truck bodies that have a history of coatings failures. Sections of paint were routinely damaged or removed during pressure washing and use.

http://www.pda-online.org/pda_resources/casestudies/case13.asp

ISC365 - Quantum Group, Inc. P-1

products.isc365.com

ISC365 - Quantum Group, Inc. P-1 Model P-1 is designed specifically for personal or automotive use. Each alarm is warranted for 5 years from date of manufacture. Operating temperature

http://products.isc365.com/avcat/CTL3516/index.cfm?mlc_id=3918&pin_id=3516&prodid=356744

Apria - resources - News

The Quantum Group, Inc. (NYSE Alternext US: QGP) (http://www.quantummd.com/), a solutions provider for the healthcare industry, announced that it has entered into a multi-year services agreement with IBM (NYSE:IBM).

http://www.apria.com/resources/1,2725,494-877594,00.html

Quantum Chemicals - Copyright

For reproduction or use of Quantum Group's copyright material beyond this limited licence, permission must be sought from a Director of the Quantum Group.

http://www.quantumchemicals.com.au/PageId/pg747408770edoras

Web Sites powered by Bing

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Quantum Group Inc., Carbon Monoxide Alarms

www.qginc.com

Manufactures carbon monoxide and smog detectors for cars and RVs.

http://www.qginc.com/

Quantum Group, Incorporated - Bloomfield Hills, Michigan (MI ...

www.manta.com

Quantum Group, Incorporated company profile in Bloomfield Hills, MI. Our free company profile report for Quantum Group, Incorporated includes business information such as contact ...

http://www.manta.com/coms2/dnbcompany_cm9xyq

QGP - Quantum Group Incorporated (The) | QGP Stock Quotes | TheStreet ...

www.thestreet.com

Get the latest QGP - Quantum Group Incorporated (The) stock market performance data. TheStreet is the source for financial market news, trading stock, quotes, and personal finance ...

http://www.thestreet.com/quote/QGP.html

Quantum Group Incorporated Company Details

www.zibb.com

Quantum Group to leave AMEX southflorida.bizjournals.com | Oct 27, 2009. The Wellington-based electronic medical records and health management company, which currently trades under ...

http://www.zibb.com/all/theme/cq/Quantum+Group+Incorporated