Patient Access Solutions Secures $5,000,000 Financing
HAUPPAUGE, N.Y. –(BUSINESS WIRE)– Patient Access Solutions, Inc. (Pink Sheets: PASO), a provider of healthcare/financial processing technologies for the healthcare and home care industry today announced that the company has secured $5,000,000 in financing. The financing will be used for increasing the sales force, systems improvements, software development, expansion of trade show participation and other advertising, increasing working capital and general corporate purposes.[…]
Patient Access Solutions Inc.
245 Marcus Blvd. Hauppauge NY USA 11788
+1 866 280 1156Phone:
+1 631 233 3739FAX:
Patient Access Solutions, Inc., as a technology solutions provider is focused on quality and service within the healthcare community, with an overall focus of using innovative and secure technology to facilitate their client’s needs.
Having invested fourteen years into the industry, the principals of PASHealth developed a single sign-on, web-based, ASP platform which offered electronic medical verification and claims processing system.
ProTek Capital Announces Material Event; Acquisition of Business Operation
VALLEY COTTAGE, NY — (MARKET WIRE) — 08/02/11 — ProTek Capital, Inc. (PINKSHEETS: PRPM) today announced the Company finalized the acquisition of a corporation headquartered in Texas . The plan to acquire the Texas company as part of an overall expanded and updated business strategy had been previously announced. ProTek is updating its investment focus to concentrate on businesses within developing economies that are anticipated to have high growth opportunities. Specifically, ProTek will focus on developing high growth business opportunities located within the Caribbean and Gulf of Mexico region.
Under the terms of a share exchange agreement to affect the acquisition announced today, ProTek acquired 100% of the shares of the Texas company in exchange for 10,000 newly issued shares of ProTek Series B Preferred Stock with 51% voting rights.
In conjunction with the acquisition, the Company’s President and CEO, Robert Zysblat and its Director and COO, Owen Dukes resigned. Subsequently, John Verges was appointed ProTek’s interim CEO and sole member of the Board of Directors. Mr. Verges was a principal in the Texas company and holds 30% of the ProTek’s Series B Preferred Shares acquired as part of the Share Exchange in exchange for his holdings in the Texas company. The Company anticipates a new executive management team will be put into place shortly to aggressively pursue the expanded and updated business strategy.
The Texas company, Preston Trails Contractors, Inc. (“PTC”) currently provides construction contracting in Texas with an emphasis on repair and remodeling. PTC plans to update its current strategy to improve operational efficiency and growth opportunities. Management of three additional acquisition targets met in Miami two weeks ago focused on further developing plans to complete a roll-up into ProTek by the end of the year.[…]
Preston Trail Contractors
8720 W. Main Street, Suite B,
Frisco, TX 75034 USA
Preston Trail Contractors is Frisco’s Hometown Full Service Contractor. PTC specializes in every aspect of Home Repairs & Remodel. Plumbing, Electrical, Painting, Flooring, Countertops, Tile, Appliance Imstalls, Kitchen & Bath Remodel Specialists.
ProTek Capital Inc
55 S.E. 2nd Avenue
FL 33444 USA
ProTek Capital, Inc is a East Coast based corporation that is focused in investing or acquiring software companies that are privately held or traded on the public markets.
The objective of ProTek Capital, Inc is to provide the best possible risk-return value for all our shareholders by making direct investments or outright purchases into foreign and domestic private and public software companies.