H-Quotient, Inc., Announces Projected Earnings, Installations, Stock Purchase and Publicity.RESTON, Va.--(BUSINESS WIRE)--Dec. 16, 1999-- H-Quotient, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :HQNT) today announced that Fourth Quarter projected earnings will show the company's first net profits from operations. Details will be released shortly. H-Quotient Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Douglas Cohn stated, "After six years in the development stage, the company's state-of-the-art products are now coming to market and being met with acclaim, sales and profits." H-Quotient, Inc., Announces Commencement of Alabama Contract Installations H-Quotient, Inc., today announced commencement of installations under its contract with the Alabama Hospital Association Trust (AHAT AHAT Akele Hum Akele Tum (Hindi movie) AHAT Allied Health Aptitude Test AHAT Advanced Hardened Avionics Technology ). H-Quotient Chairman and CEO Douglas Cohn stated, "While the contract with the 85-member hospital association insurance trust is expected to be worth several million dollars, we are especially pleased because it is a confirmation of the market acceptance of our state-of-the-art I-Link Enterprise system and this bodes well for potential sales to other hospital associations and insurance groups throughout the country." Melvin L. Capell, senior vice president at AHAT previously said, "It's not enough to just know about healthcare quality problems. This system will give our members tools to improve healthcare throughout the state of Alabama." H-Quotient, Inc., Announces Agreement to purchase additional Internet Guide, Inc., stock H-Quotient, Inc., has agreed to purchase 461,500 shares of Internet Guide, Inc., stock at $6.50 per share through an exchange of stock. A portion of the Internet Guide stock has been used to satisfy H-Quotient debts and a portion is being sold to investors at $26 per share. These transactions will sufficiently increase the net worth of H-Quotient to enable qualification for listing on a nationally recognized exchange. The two companies are planning the publication of a periodical periodical, a publication that is issued regularly. It is distinguished from the newspaper in format in that its pages are smaller and are usually bound, and it is published at weekly, monthly, quarterly, or other intervals, rather than daily. important to the healthcare industry, which will contain information and analysis derived from H-Quotient healthcare sources. Further, Internet Guide, Inc., is providing $1,000,000 of prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay ment n. advertising to H-Quotient, which will facilitate the sales of H-Quotient products and services and will substantially enhance the company's name recognition. Douglas Cohn is the president of Internet Guide, Inc. H-Quotient Featured in Internationally Syndicated Column Jack Anderson
Jackson Northman Anderson (October 19, 1922 – December 17, 2005) was an American newspaper columnist and is considered one of the fathers of modern and Douglas Cohn featured H-Quotient in their internationally syndicated column under the headline, "Medical Mistakes; Professional Solutions." Appearing yesterday in newspapers worldwide, the column referred to recent reports that "medical mistakes kill between 44,000 and 98,000 hospital patients each year." The column continued in part: "We are involved with a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , H-Quotient, Inc., (symbol HQNT) . . . that provides the real solution to the problem. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company's president, Alan Grofe, 'The problem is not about bad doctors, but about bad, incomplete and disconnected information. Our computer systems provide hospital healthcare professionals with the ability to track, monitor, and improve the patient-treatment process while the patient is still in the hospital. A national reporting system will have no effect upon improving this treatment process, but will simply restrain the doctor from taking on the tough cases or going the extra mile to save a patient's life.' "We became involved with this company because its state-of-the-art technology is applied to the reality of the hospital environment, free from posturing politicos and demagogic dem·a·gog·ic also dem·a·gog·i·cal adj. Of, relating to, or characteristic of a demagogue. dem do-gooders. The H-Quotient system provides risk prevention, quality improvement, infection control, resource management, and staff credentialing Credentialing is the administrative process for validating the qualifications of licensed professionals, organizational members or organizations, and assessing their background and legitimacy. , all areas that help hospital managers prevent mistakes. "Most mistakes occur as a result of bad information and poor controls, and it is these that we have taken a personal stake in resolving." For more information visit the H-Quotient web site at www.hquotient.com. This announcement may contain, in addition to historical information, certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated. |
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