New
“Red Hot Stock Idea”
Cardiac Network Inc.
(OTC: CNWI)
Publisher’s CNWI Trading Summary:
Well our Red Hot Stock Idea today has not performed as we had hoped today but it is not totally a shocker as the stock has run up sharply in the two earlier trading days and today there was obviously a little profit taking going on. The good news for OTCPicks members is that this is a great opportunity to pick up some shares at a lower price. We know that there are some other newsletters that are going to start coverage on Monday and we expect a sharp rebound to the upside on Monday so if you can pick up a few shares at the end of the day today you will likely be handsomely rewarded early next week.
Company Overview
Cardiac Network, Inc. is a medical technology company providing cardiac monitoring and diagnostic services to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. The service uses unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network also offers its services and advanced mobile technology to individuals which help them quickly determine if they are having potential cardiac problems so that they can obtain immediately needed medical treatment. Learn more about Cardiac Network Inc. by visiting, www.cardiacnetwork.net and the HeartOne Club at www.heartoneclub.com.
Heart Disease Facts
Heart attacks are now the leading cause of death in America and the world.
Over 700,000 people die each year from heart attacks and cardiovascular disease in the U.S. (Source: Heart Association, 4-08).
Up to half of heart attack victims could be saved or avoid crippling injury if only they got medical attention in time.
Heart disease is the leading cause of death for both women and men in the United States.
In 2005, 652,091 people died of heart disease (50.5% of them women). This was 27.1% of all U.S. deaths. The age-adjusted death rate was 222 per 100,000 population.
Heart disease is the leading cause of death for American Indians and Alaska Natives, blacks, Hispanics, and whites. For Asians and Pacific Islanders, cancer is the leading cause of death (accounting for 27.5% of all deaths), heart disease is a close second (25.0%).
Heart disease crude death rates per 100,000 population for the five largest U.S. racial/ethnic groups are as follows: Hispanics, 69.2; Asians and Pacific Islanders, 73; American Indians, 82.5; blacks, 189.8; and whites, 235.5.2
In 2005, the age-adjusted death rates for diseases of the heart was 211.1 deaths per 100,000 for all Americans. The age-adjusted death rate for whites was 207.8, and 271.3 for African Americans. Age adjusted rates are used to compare populations with differeing age distributions.
By state, age-adjusted death rates per 100,000 for diseases of the heart ranged from 141.1 (Minnesota) to 306.8 (Mississippi) in 2005.
Coronary heart disease is the principal type of heart disease. In 2005, 445,687 people that died from coronary heart disease. That is about 68.3% of all heart disease deaths.
It is estimated that about 47% of cardiac deaths occur before emergency services or transport to a hospital.4
In 2009, heart disease is projected to cost more than $304.6 billion, including health care services, medications, and lost productivity.
Worldwide, coronary heart disease killed more than 7.6 million people in 2005.
Timely access to emergency cardiac care and survival is partly dependent on early recognition of heart attack symptoms and immediate action by calling emergency services. In a 2005 survey, most persons (92%) recognized chest pain as a heart attack symptom, but only 27% correctly classified all symptoms and knew to call 9–1–1 when someone was having a heart attack.
How CNWI’s Life-Saving Pocket Heart Monitor Works
CNWI’s Pocket Heart Monitor is a simple pager-sized device you can carry with you anywhere, and you can transmit your heart readings over any phone – including your cell phone.
The HeartOne Club Pocket Heart Monitor easily fits in the palm of your hand. Cardiologists now recommend mobile heart monitors for all patients at risk for heart attack. No prescription is necessary. You can place online, phone or fax orders and begin using our monitor immediately upon receipt.
If you experience unusual chest pains or other symptoms that cause you concern, you can call our Heart Receiving Station at 800-551-0155. Members will be able to speak with a CCI Certified Technician, supervised by a board certified cardiologist available 24/7 in case of an emergency.
Follow the technician’s instructions, hold your Heart Monitor up to the telephone, and hit “play.”
In just minutes, CNWI’s expert on-staff specialist will tell you if your chest pains are nothing to worry about or signs of a serious condition that requires immediate medical attention.
Member’s emergency contact information and previous ECGs are securely stored in the HIPAA compliant HeartOne database for immediate access and individualized evaluation of your condition.
In the event of an emergency, Cardiac Network’s staff will stay on the line to help its members through the emergency procedures:
Immediately arranges for a local ambulance
Notifies the member’s regular physician and emergency contacts
Transfers ECG and relevant information to the Emergency Room to expedite treatment and increase your chances of survival
Heart patients can even wear the device 24-hours-a-day, discretely under their shirt.
CNWI’s Pocket Heart Monitor is as unobtrusive as you can imagine. Yet it could make the difference between life and death.
Company News:
June 18 – Cardiac Network, Inc. Announces Deal With Med Mobile to Add Wireless Emergency Communication and GPS Location to Cardiac’s Medical Monitoring Services
Cardiac Network, Inc. (PINKSHEETS: CNWI), a leader in advanced mobile medical monitoring, announced today that it has formed a joint venture with Med Mobile, which will allow Cardiac to begin offering Personal Emergency Response Systems (PERS) to its patients and HeartOne Club members at www.heartoneclub.com. PERS devices contain a distress button and integrated active GPS system that can activate a “panic” alert to Cardiac’s 24/7 monitoring station, provide accurate location tracking and get immediate live assistance when and where it is needed. At the touch of a button, patients can talk directly with the Cardiac Network monitoring station. In turn, Cardiac Network’s medical technicians can communicate directly with a patient’s doctor or emergency response team.
“Our patients want to take control of their health and well being,” stated Michael Swartzburg, Cardiac Network’s President and CEO. “With Med Mobile, we can use advanced wireless technologies to bring peace of mind and deliver real-time medical monitoring, communication and response in the event of an emergency, virtually anywhere, anytime.”
Med Mobile is a virtual network operator with world wide network roaming agreements. Cardiac and Med Mobile joint venture will use its wireless network to offer innovative wireless monitoring solutions for improving people’s health, safety and quality of life. PERS devices are especially useful for elderly, chronically ill, children (including autistic and developmentally disabled) or lone workers, as well as their relatives and caregivers.
Company Chart
CNWI’s chart has slowly been creaping higher since early April. There have been a couple short dips in the stock but overall the trend has been upward and in the last week and surged higher on a significant increase in trading volume. We like this company as they are in a market segment that is the leading cause of death in the U.S. and globally, namely cardiac failures or heart attacks. The demand and need for CNWI’s products and services are not affected by economic downturns as heart attacks have no regard for economic good times or bad times. More deaths can be diagnosed and prevented through the use of CNWI’s service and technologies and we think this company is poised for significant growth in the future. Do your homework fast as we think this is a stock with a “Heart!”
Research Links:
Detailed Quote & News:
http://www.otcpicks.com/quotes/CNWI.php
Company Profile:
http://www.otcpicks.com/cardiac-network.htm
Company Web Sites:
www.cardiacnetwork.net and www.heartoneclub.com
Happy Trading!
OTCPicks.com Publisher