RJD Green Inc. subsidiary, IOSOFT, announces the licensure of a patent pending “expedited check payment software platform” that provides additional synergistic payment services to their healthcare payer / provider clients
TULSA, OK–(Marketwired – May 16, 2017) – RJD Green Inc. (OTC PINK: RJDG) subsidiary announced today they have acquired a five year licensing agreement of a patent-pending software platform, which provides additional synergistic services and technology for current and future clients.
David Gillman, Executive Vice President of ISOFT Inc. states:
“This additional software platform license benefits payees with ‘same day check payments,’ thus eliminating mail delivery time, and benefits payers’ by eliminating the cost of print and postage. In Healthcare, mailing and delivery of payments are some of the highest administrative costs. In an industry that is technically advanced, 50% of healthcare provider payments are still made using paper checks and USPS.
The additional complementary services and benefits to our leading-edge payer and provider platform of services seamlessly integrate into the IOSOFT services package.”
IOSOFT management feels the additional services could create 10 to 15% additional revenue annually.
IOSOFT provides proprietary software for medical billing, healthcare claims adjudication, and electronic payments between healthcare Payers and Providers, and several other platform developments. Since formation, IOSOFT has been a third-party developer of software and provides IT support for the platforms developed.
Current efforts of IOSOFT are in healthcare payment systems that provide unique payment technologies and services or software that ca n be integrated with legacy or existing systems of healthcare payers, such as, Blue Cross, Aetna, CIGNA and others. IOSOFT provides targeted product offerings for healthcare providers, provider networks, physicians and hospitals; and clearinghouse companies.
RJD GREEN INC.
RJD Green is a holding company focused in three divisions, which create high-growth enterprise opportunities while offering diversity of markets. Those being:
RJD Green Healthcare Services Division — services and technologies reflecting five-year growth
Earthlinc Environmental Services Division — green environmental services and technologies
Silex Holdings Division — specialty construction and industrial manufacturing and installation
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 2 lE of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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RJD Green (RJDG) recently announced the IOSOFT Inc. sales launch, and roll-out of their next generation payment software has been met with a huge response in the healthcare payment space.
From presentations at healthcare expos, where IOSOFT’s offering generates real enthusiasm among attendees, and initial marketing efforts of its nine sales-persons to strategic payer companies (TPA); commitments from healthcare administrators has been greater than planned or expected.
As the Company meets this benchmark, rapid acceleration of revenues to previously budgeted projections is expected on a monthly basis.
RJDG and it’s subsidiaries have made incredible progress with second quarter 2017 revenues of $779,765 and net operating profit of $72,772 and no corporate loans.
Their 2016 10K Filing recorded 23.3% increase in revenue and over 500% increase in net operating profit over 2015 fiscal year-ending. The dramatic increase in revenues and net operating profit reported for 2016, along with the anticipated IoSoft Inc. accelerated revenues, has allowed the RJD Officers and Directors to restructure and retirement of debt in 2017.
The company has announced the engagement of the audit firm Zwick & Banyai, PLLC, to initiate audits, upon completion of audits will file to move to OTC.QB fully reporting status.
The company has also announced the following updates and projections for their subsidiaries:
IOSOFT is making great strides by procuring multiple medical provider and medical payer accounts, which will implement the IOSOFT proprietary payment management and processing software platform. IOSOFT is now moving to full operation implementations with these accounts over the next 30 & 60 day periods. The Company projects 2017 revenue and profit of $3,879,596 and $2,837,886.
The IOSOFT division of RJD Green (RJDG), based on historical industry standards, revenue performance could be greater than $30,000,000 annually.
Silex Holdings the next six month period has historically been the largest revenue period for Silex. March results reflected a 33.5% increase in revenue from the second quarter with a net operating profit of 35.6%.
With this latest news and the recent announcement of their subsidiary, loSoft executing a major marketing agreement with PlutoXPay LLC, to provide a new platform of payment services to their healthcare provider clients, puts RJDG in a great position.
This is a major development for RJD Green (RJDG), based on historical industry standards, revenue performance could be greater than $30,000,000 annually.
This agreement with PlutoXPay, a venture of A & G Healthcare a premier provider of cost containment services to healthcare providers nationally is a major game changer for RJDG.
The national healthcare services market for the IOSOFT platforms and services is over two trillion dollars annually.
loSoft should be moving to full operation implementations over the next 30 & 60 day periods.
On February 14, 2017, RJD Green announced their first franchise sale of the Silex Interiors, an operation of the Silex Holdings Division of RJD Green Inc. As part of the $600 billion dollar construction industry sector, Silex Holdings Division looks to expand its market presence with the launch of their franchise segment. As a franchiser, the ability to expand will require far less capital and provide faster growth, increased profitability, and increased organizational leverage.
RJD Green (RJDG) announced that the Silex Holdings division was awarded several new commercial contracts in the neighboring state of Arkansas. The contracts total $220,000 in revenue. Additionally four other projects have been quoted and are in discussion in the Northwest Arkansas quadrant.
On January 31, 2017, Silex Holdings Division was awarded four commercial contracts for over $400,000 in revenue to be completed in the 2017 fiscal year. Silex Holdings, has also recently executed a major sales agreement with national home builder D R Horton. Silex has provided natural stone counter tops and related products to D R Horton for the Oklahoma City regional market for eighteen months. As part of the newly executed agreement, Silex will begin providing cabinets and installation of cabinets to D R Horton within the same market.
These commercial contracts awarded Silex, continues the revenue progression in their commercial business segment, and reflects geographic expansion.
Start your research on RJDG now.
RJDG is a holding company focused in three divisions, which create high-growth enterprise opportunities while offering diversity of markets.
RJD Green Health care Services Division – proprietary payment management and processing software platform.
Earthlinc Environmental Services Division – green environmental services and technologies
Silex Holdings Division – specialty construction and industrial manufacturing and installation
The RJDG focus is economically advantageous acquisitions within emerging growth entities or companies in need of restructure, where immediate growth and excellent potential returns are transparent.
RJDG recorded 23.3% increase in revenue and over 500% increase in net operating profit over 2015 fiscal year-ending.
The dramatic increase in revenues and net operating profit reported for 2016, along with the anticipated IoSoft Inc. accelerated revenues, has allowed the RJD Officers and Directors to restructure and retirement of debt in 2017.
RJD Green is focused in three initial high-growth enterprise opportunities that offer diversity in separate recession resistant markets that each offer rapid-growth in recessive resistant markets.
RJD has developed a business model that utilizes the health care industry experience and extensive industry relationships of RJDG’S management and team. The team has long-term relationships with many key providers within the service sectors of the health care industry.
Silex Holdings Inc. was formed for the purpose of acquiring and managing high growth assets and business enterprise. Silex Holdings is focused on acquisitions in specialty niche industrial contracting, and building material products and services.
Earthlinc Environmental Solutions was formed to bring forward green applied technologies and offer environmental services with a focus in North America, providing performance driven solutions for environmental based issues in both corporate and small business needs.
The corporate management team is well versed in each of the three areas of focus. Each of the three corporate officers are individually, directly responsible for the successful operation of one of the individual divisional efforts; as well as their corporate duties.
RJD Green is focused on creating a successful and enjoyable business opportunity that creates ongoing shareholder value growth. For the business enterprise partners that join with RJD, the focus is to maximize their business potential through the public company capital resources advantage, and the benefit of having an additional management partner to assist with vision and fulfilling success in each operation.
RJD Green successful strategy and execution is providing a positive growth trajectory!
Ron Brewer, Chief Executive Officer of RJD Green Inc., stated, “We continue to focus on increasing sales while being mindful of our expenses and ensuring the company will remain financially stable to support our short and long term business plan.”
RJD Green’s corporate management team has a success history in both public and private arenas. The corporate team has diverse enterprise experience that includes the three current market sectors of focus; healthcare services, environmental and construction/industrial services. They are supported by a strong industry-experienced team in each endeavor engaged.
RJDG matches appropriate investment participation with the projects being brought forward insuring best results for both the enterprise growth and financial reward.
The corporate overhead is maintained at minimal operating cost, with each corporate officer and team member maintaining daily management responsibility for specific operating divisions and entities within our holdings; as well as the corporate duties assigned. The team participates in performance based rewards ensuring the staff and ownership goals are synonymous. They are committed to long-term value and wealth creation.
Each acquisition and asset is operated as a separate profit center with the recognition that in small business operations, proficiency and frugal budgeting are required to maximize profitability. The RJDG team excels in working collaboratively with their business partners creating common efforts for reaching mutual reward from its relationships.