|
Grass Roots Research and Distribution, Inc. Announces Investment Opinion on Medex, Inc. (MDXX)
SAN FRANCISCO, CA, Dec 18, 2012 (MARKETWIRE via COMTEX) --
Grass Roots Research and Distribution, Inc. (www.grassrootsrd.com),
the Investor Awareness Industry's Research Firm of Choice, announced
today that it has initiated research coverage on Medex, Inc.
(PINKSHEETS: MDXX) a medical support and services Company. The report
was issued at a price of $0.10 with a target price of $0.53.
The Grass Roots report states that Medex, Inc. is focused on
providing Medicare-accredited repair and rental services for
wheelchairs and scooters. Medex plans to capitalize on the ageing
U.S. population through development of "Repair Centers" and
networking with medical equipment providers throughout the United
States, especially the Major Metropolitan Statistical Areas which
have a higher number of wheelchair users. With the growth in ageing
population, the demand for patient mobility products has experienced
a steep rise. As per the Medicare program, a power wheelchair cannot
be replaced prior to 5 years from purchase but can be repaired as
needed up to the original price of the chair. This offers the Company
an opportunity to cash in on the billion dollar wheelchair and
scooter industry. To sum it up, MDXX provides an enticing investment
opportunity.
About Grass Roots Research and Distribution, Inc.
(www.grassrootsrd.com)
The Grass Roots Research and Cohen Research
brand names are the worldwide Gold Standard for micro cap/small cap
research. Grass Roots have raised the art of fundamental securities
research by forecasting the three statements and valuing all of its
companies in three cases over a 5 year time period. Grass Roots
distributes in-depth stock market research reports that highlight the
company's market opportunity, technology, management, competition and
other key differentiators that may affect their short and long term
valuation.
About Medex, Inc.
MedEx, Inc. is a publicly traded, medical
acquisition company focused on consolidating medical supply, medical
technology and assisted living and care facility companies worldwide.
Our goal is to be the best medical supply and Equipment Company
providing products for people with disabilities, recovering from
surgery, in rehabilitation facilities, nursing homes, assisted living
centers and the elderly. MedEx is experiencing rapid growth through
the acquisition of medical supply companies, medical technology
companies, and assisted living and care facilities worldwide.
Cautionary Information Regarding Forward-Looking Statements:
Included in this news release and other information that the Company
makes publicly available from time to time are forward-looking
management comments and other statements that reflect management's
current outlook for future periods. These statements include, among
others, statements regarding the anticipated benefits from the
development, production, or acquisition of new projects as well as
anticipated revenue from other sources and which may be critical to
the overall revenue and profits of the Company.
These statements and expectations are based on currently available
competitive, financial and economic data along with the Company's
operating plans, and are subject to future events and uncertainties
that could cause anticipated events not to occur or actual results to
differ materially from historical or anticipated results. Among the
events or uncertainties which could adversely affect future periods
are: changes in legal contingencies, the concentration of the
Company's capital stock ownership etc. The forward-looking statements
in this news release should be read in conjunction with the more
detailed descriptions of the risk factors located in the Company's
Registration Statement filed with the United States Securities and
Exchange Commission. The Company undertakes no obligation to update
or revise any forward-looking statements contained in this release as
a result of new information or future events or
developments.
Disclaimer:
This general purpose information,
commercial advertisement, is not intended for investment advice. Do
not base any investment decision on information herein. We do not
endorse the truthfulness, completeness, accuracy or reliability of
the information. This message and attachments are intended only for
the use of the addressee. E-mails from this firm normally contain
confidential and privileged material, and are for the sole use of the
intended recipient. Use or distribution by an unintended recipient is
prohibited, and may be a violation of law. If you believe that you
received this e-mail in error, please do not read this e-mail or any
attached items. Please delete the e-mail and all attachments,
including any copies thereof, and inform the sender that you have
deleted the e-mail, all attachments and any copies thereof. Thank
you. This email is covered by the Electronic Communications Privacy
Act, 18 U.S.C. 2510-2521 and is legally privileged. This
communication may also contain material protected and governed by the
Health insurance Portability and Accountability Act of 1996 (HIPAA).
This e-mail is only for the personal and confidential use of the
individuals to which it is addressed and contains confidential
information. If you are not the intended recipient, you are notified
that you have received this document in error, and that any reading,
distributing, copying or disclosure is unauthorized. If you have
received this communication in error, please notify the sender
immediately by the telephone number above and destroy the message.
Circular 230 Notice: Pursuant to recently-enacted U.S. Treasury
Department regulations, we are now required to advise you that,
unless otherwise expressly indicated, any federal tax advice
contained in this communication, including attachments and
enclosures, is not intended or written to be used, and may not be
used, for the purpose of (i) avoiding tax-related penalties under the
Internal Revenue Code or (ii) promoting, marketing or recommending to
another party any tax-related matters addressed herein. If you have
received this message in error, notify the original sender or us by
telephone or e-mail dpaulco@aol.com, and delete this message, along
with any attachments.
D. Paul Cohen
President
Cohen Independent Research Group, Inc.
Grass Roots Research and Distribution, Inc.
369B Third St. #254
San Rafael, CA 94901
Tel: 415-454-6985
Fax: 415-455-0295
Email: paul@cohenresearch.com
Web: www.cohenresearch.com, www.grassrootsrd.com
SOURCE: MedEx Inc.
mailto:paul@cohenresearch.com
http://www.cohenresearch.com/
http://www.grassrootsrd.com/
[ Back To Mobile Security Homepage's Homepage ]
|
Follow Us