Business & Finance

MedCom USA shareholders to receive shares in new subsidiary Card Activation Technologies

Published in Hospital Law Weekly, December 21st, 2006

MedCom USA, Inc. (EMED) announced that company shareholders of record will be issued shares in its new subsidiary, Card Activation Technologies Inc. As previously announced in September, MedCom USA is going to issue one share of the new company stock for every share held in MedCom USA stock.

Card Activation Technologies, Inc. is incorporated in Delaware and will focus on the licensing of the proprietary patented payment transaction technology, which MedCom USA, Inc. intends to spin off the payment transaction technology into a separate publicly traded company.

MedCom USA will retain substantial shares in the new company, which was previously...

Want to see the full article?

Purchase this article for only $3.00

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Hospital Law Weekly

Source: Hospital Law Weekly (2006-12-21)

NewsRx is Social

Top Medical Newsletters

Awards

Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

Google 2010 PageRank: #2 Among Top Health News and Media Publications
Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry