Diagnostic Imaging International Corp. (DIIG: OTCBB) Room for Exponential Growth
Written by StockGuru on February 3, 2010
Diagnostic Imaging International Corp. (OTCBB: DIIG) is flexible in terms of its offerings.
Teleradiology market projected to grow 14% per annum as more regions are impacted by a shortage of radiologists
What we have seen in the recent months with DIIG is the ability to not ONLY bring in new business but grow the business they have.
Where DIIG has night-time and weekend services we have witnessed first-hand their ability to expand this into a FULL TIME contract. Clearly, DIIG is not only acquiring new hospitals and new facilities but they are ALSO delivering effective results which has resulted in enhanced and long term contracts.
DIIG is Clearly a Can Do Company
Not only is DIIG a proven CAN DO Company but it is in the middle of a growth industry in Canada.
• The global market for PACS and Teleradiology Systems is projected to reach $4.4 billion by 2010 Source: RAMIC Medical Imaging
• DIIG has over 95 percent revenue paid by the Ontario Government directly every 30 days, and as such DIIG benefits from having little to no aged payables
• DIIG estimates there is a shortage of up to 1,500 radiologists in Ontario, and 5,000 in Canada
• Most hospitals do not have agreements with companies like CTS so there are possibilities to become a leader within the Canadian market and establish a solid North American presence
DIIG offers a broad scope of revenue generating interpretations of:
- MRI
- CT
- PET
- US
- NM,
- MAMMO
- X-Ray
- BMD modalities
These are ready by radiologists 24 hours a day, 365 days a year. The radiologists read the scans and review the information, prepare a medical report, and transmit the reports to the hospitals and clinics.
The Canadian Institute for Health Information’s Annual Study recently released found health spending is expected to reach an estimated 11.9 per cent of the country’s gross domestic product. Spending will likely increase to $183-billion this year from $174-billion in 2008, a five per cent increase. GDP, meanwhile, shrank at an annual rate of 3.4 per cent over the second quarter.
As results are announced it looks like DIIG has room for exponential growth.
Diagnostic Imaging International Corp. (OTCBB: DIIG)
848 N. Rainbow Blvd. # 2494
Las Vegas, Nevada 89107
866-223-2005
Email: info@diig.biz
Website: www.diig.biz
Forward Looking Statement: This release includes forward-looking statements that reflect Diagnostic Imaging International Corp.’s current expectations about its future results, performance, prospects and opportunities. Diagnostic Imaging International Corp. has tried to identify these forward-looking statements by using words and phrases such as “may”, “will”, “expects”, “anticipates”, “believes”, “intends”, “estimates”, “should”, “typical”, “we are confident” or similar expressions. These forward- looking statements are based on information currently available to Diagnostic Imaging International Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company’s actual results, performance, prospects of opportunities in the remainder of 2010 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Disclosure: Pentony Enterprises LLC was compensated two hundred thousand restricted common shares and five thousand dollars by the company for profile coverage for the period ending April 15, 2010. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. We will not be buying or selling shares of Diagnostic Imaging International Corp. (OTCBB: DIIG) during the promotional period.
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