CDED im April auf CNBC - 500 Beiträge pro Seite

[Reznor]

CareDecision Corp. to Be Featured on CNBC TV ``Let`s Talk Stock`` Show
Wednesday March 10, 9:45 am ET
April Show Will Feature CDED Wi-Fi Technologies and Its Hotel ResidenceWare and Satellite/Media Satelink Products

NEW YORK--(BUSINESS WIRE)--March 10, 2004-- CareDecision Corp. (OTCBB:CDED - News), a leading Wi-Fi PDA technology provider to the lodging and satellite media industries and the developer of patent-pending technologies for e-health and EMR applications, announced today that the Company will be featured on an episode of the highly popular financial TV show "Let`s Talk Stock." This show will air on CNBC TV in April.

"Let`s Talk Stock: ("LTS") is the 30-minute financial TV show, shown weekly on CNBC TV. LTS offers public companies an innovative and effective way to reach the investing public. LTS provides national exposure to undervalued and lesser-known public companies. Now in its fourth year, LTS offers companies a new venue for wider and more powerful exposure of their products, services, unique features and benefits, growth potential, management team and plans for the future.

Robert Cox, Chairman of CareDecision Corp., commented, "It is both an honor and a tribute to all of our hard work that we have been chosen as a `Let`s Talk Stock` profile company, because only a small percentage of OTC Bulletin Board corporations are selected. Filming of CareDecision`s upcoming feature began here in New York last Monday. Additional filming is scheduled at our California office and perhaps at a location chosen by our satellite media partner. Our feature will run for approximately 10 minutes."

Mr. Cox continued, "The focus of the LTS profile on CareDecision will be directed toward our proprietary Wi-Fi technologies. Specific emphasis will be placed on our pending patents. Our ResidenceWare product has been very well received in the hotel market, and a Fortune 100 company is closely associated with our SateLink product, but we believe we have only scratched the surface of our potential markets."

Mr. Cox concluded, "We invite all shareholders and interested parties to join us in viewing this important TV debut of CareDecision. Shortly, we will announce the exact date and time of the LTS broadcast on CNBC TV. We will make available tapes and DVD copies of the feature and transcripts of the interviews."

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This release contains forward-looking statements about our business or financial condition that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.
Contact:

CareDecision Corporation
Robert Cox, 631-544-0181
www.caredecision.net

[Reznor]

CDED.OB DD:

CDED.OB - CareDecision - new on radar screen. I really like this one, so will collect my DD here at some length. The stock is at about a dime, with 127MM shares out and about 30MM in the float. Up from .06-ish late last year.

They have three basic businesses:
1. An e-health operation (see web site) of some kind, for which they received unsolicited offers worth about $6MM. While I can guess at what these might work like, I really don`t care, as only the value is material to this discussion.
2. Putting in wi-fi for low end hotels like Doubletree, Motel 6, etc. that can`t pay $2400/room to equip themselves with LodgeNet or similar upscale services. CDED`s system runs about $500/room to set up. CDED has announced some initial contracts in this area. A demo is available on the web site.
3. A pending deal to use their technology in some way with "a large media company".

They have put out a lot of press releases about this stuff over the last couple months--check them out. I called last week and spoke with Keith Berman, the CFO, at some length, and the following reflects the press release info plus some spin and flavor gleaned from my conversation with Keith. On a personal level, Keith seemed competent and market-aware, and was not trying to hype me.

What initially caught my eye is that they got unsolicited bids for their e-health IP and technology that totaled about $6MM (their market cap at the time). The company then hired an investment banker, saying it felt the assets were worth closer to $10MM **AND** (this is important to my value thesis) that the "offers are for assets that are not part of the Company`s current core businesses. The assets that underlie our core businesses would remain totally intact." If you split the difference and say those assets are worth $8MM, and that is not critical to the on-going core operations, what is the whole business worth? I don`t know, but my guess is that those assets represent WELL LESS than half the enterprise value, so it is not a big stretch to think that management thinks the enterprise might be worth $20-25MM. At a dime, the market is saying CDED is worth $12MM, so I saw a potential double and wanted to dig deeper.

The more I dug the more I liked.

Re: the medical business, the e-health sector cratered last year and many companies were sold for pennies on the dollar. CDED managed to hang onto their technology and IP. This sector is recovering. Subsequent to hiring the investment banker, they did a deal licensing their technology to DataFuzion, for a "significant" stock position which they intend to dividend to shareholders. DataFuzion is not public, but is proceeding with their form 10 and all the necessary reporting. I was told that the $6MM in offers came "from entities that would pay that much if they had the money", and was largely illiquid stock, etc. I suspect management has made a good decision in taking this approach, though it is very hard to assess the value or liquidity of this potential distribution. This structure allows them to do similar non-exclusive deals with others. I view this as a kicker that might over time monetize the non-core, non-critical assets.

The hotel business looks good--they are selling in the NYC area and have testimonials from chain owners. I believe this will be a good money-maker for them.

A recent news release indicated "Recently CareDecision was contacted by a shareholder who introduced us to a prestigious lodging e-business dotcom. I am pleased to report that we are in the final stages of negotiating a strategic partnership, investment agreement and a DataFuzion-like option agreement with this enterprise."

Pure speculation on my part, but it would make sense for an outfit like travelocity or expedia or hotwire or priceline to try to reach out into hotel rooms. After all, who else is more likely to travel and stay in a hotel than someone who is already doing it? That would allow those folks to do things like change plans and reservations, manage and print itineraries, lookup restaurant recommendations and directions, link to MapQuest for general directions, link to yellow.com for phone numbers, etc. and transfer all this stuff to PDAs. Lots of business travelers make mid-trip changes in their travel plans--been there, done that.

I am particularly intrigued by the deal with "a major media player". They hoped to close this in January, but it is apparently tied up by a third party. This third party is a government entity (presumably regulatory, either in communications or securities), and that the govt agency was concerned about their potential partner "acquiring satellites". Further probing indicated that this was not an entertainment company per se, was a household name, involved technician dispatch in some way and a couple other things. I got the impression that the concern was about an individual`s empire as much as corporate ownership--did not ask directly but got this sense--may or may not be relevant. Sure sounds like FCC and/or FTC review to be passed. As to how their technology would be employed, he drew an analogy to a doctor getting a schedule of patients and required treatments, and updating the info as completed, then moving to the next. Sure sounds like a cable company to me.

He further stated that if this entity did a deal with CDED, it would be huge for CDED but "lost in the rounding" in the bigger player`s finances. Since CDED is not big enough to cause a stir, and has no market share to speak of, by deduction I can only conclude that the other party is SO BIG that everything they do, M&A wise, comes under the regulatory microscope, even if with a piddly company like CDED!

While this would be huge substantively, in the world of microcap stocks the announcement of such a big partner would also almost guarantee a significant stock price pop, regardless of the tangible numbers. The tone of their press releases regarding this deal make it sound like the question is when, not if (my read, possibly wishful thinking) and certainly implies that their technology would have value in this space even if this particular deal were to fall through. I have seen no credible prospective numbers, but using an order-of-magnitude "Kentucky windage" kind of look it is not much of a stretch to think that a deal with that big a player would result in annual revenues equal to today`s market cap. Or even half the cap. It is a much bigger stretch for me to think that CDED would ever sell at a price/sales ratio of one. Or two.

Subsequent to composing that, I saw the speculation by chemical... that the CDED was discussing was going to be with DirectTV/Fox. BIG, involving regulations (FCC and FTC both might have an interest in Fox), and possibly involving a larger than life well known individual. All fit Fox/Murdoch like a glove, and also fit the statement that a big deal for CDED could get lost in the rounding for the bigger partner. Certainly, DirectTV would be a natural fit for someone with the "plumbing" to do signal delivery to hotel rooms. Instead of pay-per-view movies or whatever is on NOW, hotel guests could watch their favorite shows when they want to. Makes a hell of a lot of sense to me. I do have some concerns about regulatory roadblocks. Obviously we need to wait and see on this one.

On a corporate level, CDED recently retired convertible debt for 6,350,000 shares, per the original issue terms. Someone, or some entity, bought the convertible from the original holder and then came to CDED for conversion. CDED did not have to negotiate for a special deal. This party obviously wanted 5% of CDED NOW.

Keith mentioned we might see an IR firm on board as early as Tuesday. I always take these things with a grain of salt, however this fits wth the timing of the website revamp, etc. It would also get Cox and Berman out of spending all their time trying to answer IR questions. I am not worried about the timing--I am just happy they are taking this step.

There has been some hype on this board of late--I personally can do without it, and would like to see substantive DD such as my own posted here. I think there is a real story here and an excellent chance of at least a double from the .10 range. It could also go back to 4 cents if everything falls through. Such is life on the otcbb. This could crash and burn, but it seems an intelligent speculation.

As a disclaimer, I have recently purchased what is, for me, a sizeable position in CDED. As always, in the world of the otcbb (and, for that matter any market!), ya pays your money and ya takes your chances.

[Reznor]

hier noch ein Posting vom Bull Board:

CDED timeline/roadmap

As an exercise, I attempted to set forth a roadmap of events we might look for from CDED. This is simply my speculation and a way of organizing my thoughts on CDED and prospective developments. I have separated this into several "tracks" - e-health, hospitality, media and corporate.

Here are the things I am looking for. They are NOT predictions, simply the things that, if I see them, will indicate to me that CDED is advancing its business.

e-health:
1. DataFuzion getting their financial statements together, announcing some public numbers about capital structure and potential and actual revenues, completing their registration and possibly filing for an IPO. For the DataFuzion stock to be worth anything DF needs to be a news, excitement and revenue generating public entity.

2. Announcement of just what % stake in DataFuzion CDED has, what the distribution rate per CDED share will be, and when the record and distribution dates will be. I think it is safe that there will be a flurry of buying before the record date for that distribution to get the stock dividend. That happened in other small caps that did similar stock spin-offs to shareholders.

3. Announcement of similar deals (the model sounds like technology licensing for equity) in the future--Keith implied there was at least one similar one in the works.

hospitality:
1. Announcement of initial contracts for their hotel services (done)

2. Expansion of these services. Initial installs are in the NYC area, but I have been told that the Midwest would be a major focus area for them in this area. This was in the context of a "where are your offices and operations" discussion. I was a little surprised at this since we have not seen contracts in this area yet.

3. Ideally, we would see national deals with chains (Motel 6, Comfort Inn, etc.--he said their sweet spot was lower-end properties) and not just franchisees that run a string of 15-20 Days Inns etc.

4. Some kind of deal with a national e-travel outfit.

media: (this might be a subset of hospitality--i.e. DirectTV into hotel rooms, targeted at their hotel audience eyeballs, but a big media partner might have unrelated opportunities so I am listing it separately):

1. Announcement of their major media partner. Getting this name public would be huge for CDED. Ideally, this would be an announcement BY the partner, popping up for investors that have that bigger player on their radar. This is the single biggest thing on this list--it legitimizes the company and its technology and markets, and would provide a big stock boost due to credibility, visibility and some specific (and hopefully large) prospective revenue numbers. I love little companies with "big brothers". Additionally, but importantly, if this comes out and "fits" the general terms used in CDED in related past press releases than it would make all the OTHER somewhat vague CDED press releases (re: DataFuzion, hospitality services, etc.) all the more credible and would tremendously increase my confidence in management and what they say. I`m sure many others would see this point as well.

2. Announcement of deal specifics (services provided, revenues, amount of market "reach"), whether this is limited to the hotel/hospitality arena or has broader applications.

3. Announcement that regulatory issues surrounding this deal have been cleared. Since that is what has held up the announcement to date, we may see this at the same time as any announcement.

corporate:
1. new and improved web site (done)

2. professional IR in place (done)

3. CNBC piece to raise visibility (April). Of interest to me, there are posts that imply that either a large shareholder or other interested party, not CDED, paid for this exposure. I called the company and confirmed that they did not pay for this piece.

4. other "introductions" through large shareholders and/or partners

Again, these are not predictions, just my own personal checklist of what I will look for to tell me the story is unfolding "on track". Anyone else want to add anything?