GeaCom leads the world in developing solutions for equity, continuity and quality of healthcare. The Company is honored to have over 100 investors, dozens of global partners, government institutions and communities supporting its vital mission. Managing shareholder expectations while driving an aggressive vision is challenging for any company and we’ve done well, but inevitably discontent happens; even lawsuits (ref Apple, Tesla, Amazon, any medical center, etc, etc, etc). Here is a look at what has been confirmed thus far:
Suit 1 alleging inventory
Under oath the plaintiff admitted; (i) to not having any of the inventory claimed; (ii) to not having a signed agreement with GeaCom for the inventory claimed; (iii) that GeaCom has paid for all delivered material; and (iv) that the plaintiff owes GeaCom money for incomplete deliveries. The Company believes that the deposition and discovery substantially negates all of the plaintiff’s claims and that GeaCom will prevail in further litigation should this case continue.
Suit 2 (same plaintiff) alleging a myriad of claims
A Federal judge removed the bulk of the claims and issued a statement declaring (i) that there is no evidence of false statements by the defendants,: (ii) no evidence of securities violations; (iii) no support for embezzlement; (iv) no evidence for misuse of funds; and (v) that two of the plaintiffs have no standing on certain claims. Further, the primary plaintiff was censured for tortious interference and his attorney fined by the judge. The case has completed initial discovery and plaintiff depositions to date only further strengthen the position of GeaCom. Under oath plaintiffs confirmed, that (i) GeaCom did provide complete Private Placement and Risk declarations,: (ii) complete financial reports were provided; (iii) transparency into business activities was extensively provided; (iv) and there is no evidence for misuse of funds among other things.
During this protracted process the Company has continued its strong development of products and market. GeaCom will continue to aggressively pursue its vital mission. The Company remains eager for the conclusions of these cases so that the results and vindication can be shared publicly and definitively.
They say the midwest is a 1:1 investment environment, meaning that the culture struggles with risk and has an intolerance to failure required for growth. Conversely the famous Silicone Valley area is considered a 10:1 environment that expects 10 failures for every success. In the Bay Area pioneers are welcomed; the more grand the vision the better and there is patience for entrepreneurs to cut their teeth while facing challenging stages. And why not? Apple almost failed on more than 3 occasions after its 10th anniversary, Tesla spend a decade losing more than $100M without revenue (and still is struggling), Amazon was initially considered an abysmal failure outside of Silicone Valley but during it all, the founders were supported and funded while they fought their way through the unique challenges of changing the world. These founders made grand claims as they closed the gap between the previously impossible and their vision. They delivered half baked products, suffered major setbacks and repeatedly had to reclaim their ground from detractors by delivering unexpected accomplishments. For what its worth, every one of these founders was party to multiple lawsuits, board revolts and image challenges. But every iconic tech company had a grand vision worth fighting for.
GeaCom has had its challenges, has fought its uphill battles and has also been unfairly smeared by the misinformed and myopic. The visionary pioneering journey in the midwest has been an ugly, isolated and protracted experience in many ways. Conversely, our supporters are among the best with a deep appreciation and understanding of the vision and value. Today, GeaCom is the only North American owned designer, manufacturer and marketer of a complete, FDA grade digital engagement solution. Our platform objectively rivals and in many ways outperforms those of Apple, Samsung, Philips and GE. Claims that product previously struggled to bridge with vision have now been resolved. The most stable, secure and safe medical engagement solution in the world is Phrazer/Kitsune. The only fully complete and un-compromised medical OS in the world is OS Shannon by GeaCom. And the grand vision of engaging all patients equally despite language, literacy, gender and culture is been fully proven in blue chip medical systems (we have the peer reviewed results that prove this). GeaCom is now at a new stage. What will people choose to focus on? Conjecture and smear or fact and success. GeaCom trusts that the latter will win out and a new era for midwest innovation is alive and growing.
The priority, purpose and mission of healthcare is the safe, effective, equitable care of the entire patient population. Everything is secondary to the core mission. Now, Phrazer/Kitsune offers a new opportunity to reset the performance standards achieve mission goals long thought impossible.
Phrazer/Kitsune is the only purpose designed and built medical solution for equitable patient engagement in the world. As such it is the only safe, medical and reliable solution available. Medical safety:
proven equal engagement for all ages, languages, genders, literacy
completely secure, un-compromised OS
complete ready to connect EMR functionality (Epic, MediTech etc)
no patient training required and easy for staff to employ
fully antimicrobial (keeping staff and patients safe
intrinsically safe (will not ignite gases)
extremely affordable with low cost of ownership
documented, proven, reviewed results
GeaCom is a U.S. / Canadian company the designs, manufactures and delivers from fair labor, fair trade, North American sources. The products and results are fully vetted, highly awarded and rapidly deployed for high value results that operationalize previously impossible challenges. Visit the full website or contact GeaCom to learn more. www.myphrazer.com