WolfKlaw
2 years ago
ITEM 1. LEGAL PROCEEDINGS.
The Company has received a Subpoena from the SEC requesting certain documents in connection with an investigation styled, “In the Matter of TBG Holdings Corporation”. This investigation is a non-public, fact-finding inquiry and does not require disclosure by the Company. The Company has decided to disclose this matter in order to more fully keep our shareholders apprised of matters affecting the Company and its shareholders. The investigation in no way has made a conclusion that anyone has violated any securities laws or regulations. Also, this investigation does not mean the SEC has a negative opinion of any person, entity, or security. All SEC investigations are conducted privately.
As part of its investigation, the SEC has requested certain financial documents and information related to the Company, as well as documents related to transactions with R3, TBG, Turnkey and other entities.
All transactions between the Company and each of R3, TBG and Turnkey are routinely updated and disclosed in the Company’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, each as filed with the SEC. These filings can be found on the SEC’s public web site at https://www.sec.gov/cgi-bin/browse-edgar?CIK=1601280&owner=exclude.
The Company cooperated fully with the SEC in its investigation and supplied, the SEC with all documents requested in a timely fashion.
The SEC has informed the Company that it has concluded its investigation and it will not be opening an investigation into the Company.
Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will not have a material effect on the Company's condensed consolidated financial statements.
ITEM 1A. RISK FACTORS.
As a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide information required by this Item.
janice shell
2 years ago
SEC Charges South Florida Venture Capital Firm and Others with Acting as Unregistered Brokers and Selling $3 Million in Securities to Investors
Litigation Release No. 25504 / September 13, 2022
Securities and Exchange Commission v. TBG Holdings Corporation, Neil B. Swartz, and Timothy S. Hart, No. 0:22-CV-61689 (S.D. Fla. filed September 9, 2022)
Securities and Exchange Commission v. Frank S. Dickerson, No. 9:22-cv-81404 (S.D. Fla. filed September 9, 2022)
The Securities and Exchange Commission today announced charges against TBG Holdings Corporation ("TBG"), its principals Neil B. Swartz and Timothy S. Hart, and sales agents Ted L. Romeo, Vincent J. Caputo, and Frank S. Dickerson alleging registration violations for unlawfully selling shares of health management company MediXall Group, Inc. ("MediXall") to investors...
https://www.sec.gov/litigation/litreleases/2022/lr25504.htm
exec_sum
3 years ago
Business Update from Health Karma(TM) CEO, Travis Jackson
FORT LAUDERDALE, FL / ACCESSWIRE / March 31, 2022 / MediXall Group Inc. (OTCQB:MDXL), an innovative healthcare solutions provider, today issued this letter to stakeholders from Travis Jackson, the Chief Executive Officer of the Company's wholly owned subsidiary, Health Karma:
Dear stakeholder,
I am extremely excited about the achievements that MediXall's Health Karma team have recently made. When I took over as CEO, my main initiative for the Health Karma was to build a multi-pronged distribution system that not only would sell our robust Health Kama solution which includes virtual primary care, in-the-moment urgent and behavioral health, along with other solutions to simplify consumer healthcare access and lower the cost of healthcare.
I am happy to report that Health Karma has made tremendous progress in this department expanding our eligible member base and growing pipeline to over 500,000 individual lives. Plus, we are making significant strides in reducing the sales to implementation cycle which has historically been 140 to 160 days for health benefits.
Our dramatic growth is in large part driven by our achievements we have made towards building a robust and extensive partnership network in the health insurance industry. With distribution agreements with many leading insurance agencies including BHC Insurance, the third largest independent insurance agency in Arkansas, Gem State Financial, a leading Idaho-based General Agency, and Mosaic Employee Benefits which serves thousands of businesses nationwide. We now have over 200 distribution partners who are fully trained and actively selling Health Karma to their clients.
We have also been able to quickly increase the reach of our partnership network through our recent Affinity Marketing partnership agreement with the National Association of Health Underwriters. A professional association representing more than 100,000 health insurance agents, benefits professional, consultants, and brokers, representing both small and large health insurance companies throughout the United States.
In March 2022, we demonstrated the integration of our Health Karma solution with Employee Navigator, a leading employer/employee benefits enrollment platform used nationwide by over 1,000 brokers and 27,000 companies.
We are implementing the strategy to onboard the eligible member base to paid members. With our distribution/sales system and the talented team we have put in place, we are providing even greater benefit to our members and believe that we are poised for growth for 2022 and beyond. Over the coming weeks, I will provide a First Quarter Business Update on Health Karma including the expansion of our executive leadership team and product offerings.
If you have any questions in the meantime, please contact our VP of Investor Relations, Frank Dickerson at (954) 653-821
As a company, our core focus is to provide best-in-class well-being solutions via easy, affordable, access to wellcare programs. We look forward to sharing our accomplishments in the coming months as we strive to create value for all of our stakeholders.
Sincerely,
Travis Jackson CEO
Health Karma
For more information on Health Karma, visit their official website:www.healthkarma.org and follow @HealthKarmaApp on Facebook, Instagram, and Twitter.
About MediXall Group, Inc.
MediXall Group, Inc. (OTCQB:MDXL) is a technology and innovation-driven organization purposefully designed and structured around delivering products and services to make it easier for consumers to learn, decide and pay for healthcare. The mission of MediXall Group is to revolutionize the healthcare industry by improving communication; providing better technology and support services; and enabling more efficient, cost-effective healthcare for the consumer. By approaching the entire healthcare ecosystem, MediXall creates, invests, and incubates companies that embody its mission statement.
About HealthKarma, Inc.
Health Karma, a wholly owned subsidiary of MediXall Group, is a data-driven healthcare technology company that is on a mission to continually raise the bar of the healthcare experience by empowering people to understand and manage their entire health care journey anywhere, anytime, whether they have insurance or not. For more information, please visit www.gethealthkarma.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. Specifically, the company's ability to raise additional capital, execute its business plan and strategy, sustain, or increase gross margins, achieve profitability, and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
OTC Pink King
3 years ago
Health Karma(TM) Enters into Affinity Marketing Partnership with the National Association of Health Underwriters (NAHU)
FORT LAUDERDALE, FL / ACCESSWIRE / November 22, 2021 / MediXall Group Inc. (OTCQB:MDXL), an innovative healthcare solutions provider, announced today its wholly-owned subsidiary, Health Karma™, has entered into an Affinity Marketing Partnership with the National Association of Health Underwriters (NAHU), a non-profit professional association.
NAHU represents more than 100,000 health insurance agents, benefits professionals, consultants, and brokers, from both small and large health insurance companies throughout the United States. The Partnership will enable NAHU brokers to market the Health Karma Virtual Primary Care + Behavioral Health Membership in combination with various insurance products or self-insured plans.
Whether their clients are insured or uninsured, Health Karma makes it easy for them to access healthcare services through a convenient, virtual platform. For an affordable monthly cost, members can get access to medical & mental health care on-demand from the comfort of their own tablet, computer, or smartphone. This Virtual Benefit Plan is designed to work well for those without insurance or for those with high deductible plans.
https://finance.yahoo.com/news/health-karma-tm-enters-affinity-140000170.html
OTC Pink King
3 years ago
MediXall Group is a technology company focused on making it easier for consumers to learn, decide, and pay for healthcare, without intruding on the important relationship with trusted doctors. Now announced today its wholly-owned subsidiary, Health Karma™ . It understand that Mental Health is a fundamental part of overall health.
We believe everyone should have access to quality care and treatment. Our Virtual Primary Care + Behavioral Health solution makes this possible. When people are facing mental health challenges, it's important that they can speak with a licensed professional at the time they need it most. By adding in-the-moment access to behavioral health, Health Karma makes it possible for Americans to do just that. At Health Karma, we understand that Mental Health is a fundamental part of overall health. We believe everyone should have access to quality care and treatment.
Our Virtual Primary Care + Behavioral Health solution makes this possible. To understand how Health Karma makes Primary Care & Behavioral Health more accessible and affordable regardless if you have insurance or not, watch this video.
OTC Pink King
3 years ago
MediXall Group, Inc. (OTCQB: $MDXL), an innovative healthcare solutions provider, is excited to announce that Michael Swartz, President & Founder of its wholly-owned subsidiary, Health Karma, was recently being featured in Employee Benefit News in an article titled "The Future of Primary Care Benefits is Virtual."
The article was written by Amanda Schiavo, Associate Editor of Employee Benefit News, a leading media resource for decision makers in the worlds of employee benefits, human resources and workplace culture. Employee Benefit News serves 300,000 business leaders across all platforms. Their audience is comprised of HR executives and benefits directors whose influence spans health and retirement plans, inclusive company cultures, employee development, voluntary benefits, regulatory compliance, benefits procurement, HR technology, strategic direction, and finance.
https://finance.yahoo.com/news/health-karma-president-featured-one-131000504.html
OTC Pink King
3 years ago
MediXall Group is a technology company focused on making it easier for consumers to learn, decide, and pay for healthcare, without intruding on the important relationship with trusted doctors. Now announced today its wholly-owned subsidiary, Health Karma™ . It understand that Mental Health is a fundamental part of overall health.
We believe everyone should have access to quality care and treatment. Our Virtual Primary Care + Behavioral Health solution makes this possible. When people are facing mental health challenges, it's important that they can speak with a licensed professional at the time they need it most. By adding in-the-moment access to behavioral health, Health Karma makes it possible for Americans to do just that. At Health Karma, we understand that Mental Health is a fundamental part of overall health. We believe everyone should have access to quality care and treatment.
Our Virtual Primary Care + Behavioral Health solution makes this possible. To understand how Health Karma makes Primary Care & Behavioral Health more accessible and affordable regardless if you have insurance or not, watch this video.
OTC Pink King
3 years ago
MediXall Group is a technology company focused on making it easier for consumers to learn, decide, and pay for healthcare, without intruding on the important relationship with trusted doctors. Now announced today its wholly-owned subsidiary, Health Karma™. It understand that Mental Health is a fundamental part of overall health.
We believe everyone should have access to quality care and treatment. Our Virtual Primary Care + Behavioral Health solution makes this possible. When people are facing mental health challenges, it's important that they can speak with a licensed professional at the time they need it most. By adding in-the-moment access to behavioral health, Health Karma makes it possible for Americans to do just that. At Health Karma, we understand that Mental Health is a fundamental part of overall health. We believe everyone should have access to quality care and treatment.
Our Virtual Primary Care + Behavioral Health solution makes this possible. To understand how Health Karma makes Primary Care & Behavioral Health more accessible and affordable regardless if you have insurance or not, watch this video.
OTC Pink King
3 years ago
Health Karma's CEO, Travis Jackson, Issues Open Letter to Shareholders
OTCQB:MDXL), an innovative healthcare solutions provider, today issued the following open letter to shareholders from Travis Jackson, the recently appointed Chief Executive Officer of the Company's wholly owned subsidiary, Health Karma:
Dear stakeholder and friends,
After many years of healthcare leadership positions, I jumped at the opportunity to return to my entrepreneurial roots to take over the reins as the new Chief Executive Officer of Health Karma, a wholly owned subsidiary of MediXall Group, Inc. (MDXL).
For those of you who aren't familiar with my background, I stepped into the CEO role at Health Karma with more than three decades of experience working in the healthcare industry, most recently as Vice President of Strategy & Business Development for Beacon Health Options, one of the largest behavioral health organizations in the country. Beacon serves more than 40 million individuals across all 50 states. While at Beacon, the Company was acquired by Anthem in 2020 and currently resides as a wholly owned subsidiary in Anthem's Diversified Business Group.
https://finance.yahoo.com/news/health-karmas-ceo-travis-jackson-131500422.html
OTC Pink King
3 years ago
MediXall Group is a technology company focused on making it easier for consumers to learn, decide, and pay for healthcare, without intruding on the important relationship with trusted doctors. Now announced today its wholly-owned subsidiary, Health Karma™ . It understand that Mental Health is a fundamental part of overall health.
We believe everyone should have access to quality care and treatment. Our Virtual Primary Care + Behavioral Health solution makes this possible. When people are facing mental health challenges, it's important that they can speak with a licensed professional at the time they need it most. By adding in-the-moment access to behavioral health, Health Karma makes it possible for Americans to do just that. At Health Karma, we understand that Mental Health is a fundamental part of overall health. We believe everyone should have access to quality care and treatment.
Our Virtual Primary Care + Behavioral Health solution makes this possible. To understand how Health Karma makes Primary Care & Behavioral Health more accessible and affordable regardless if you have insurance or not, watch this video.
OTC Pink King
3 years ago
$MDXL- an innovative healthcare solutions provider, announced today its wholly-owned subsidiary, Health Karma™, has added In-the-moment care for behavioral health to its Virtual Primary Care + Behavioral Health plan.
Rather than waiting for a scheduled appointment, members will now be able to access Master's Level therapists whenever their ready to talk, 24/7/365.
The past year brought mental health conversations to the forefront, and also shed light on the barriers to mental health treatment in ways we've never seen before. But these conversations were long overdue. According to National Alliance on Mental Illness (NAMI), roughly 1 in 5 U.S. adults struggle with mental illness every year - and fewer than half of them get the help they need. That number is staggering. It also shows the dire need for mental health awareness, affordable and quality mental healthcare, and the destigmatization of mental illness as a whole.
OTC Pink King
3 years ago
MediXall Group, Inc. (OTCQB:MDXL) is a technology and innovation-driven organization purposefully designed and structured around delivering products and services to make it easier for consumers to learn, decide and pay for healthcare. The mission of MediXall Group is to revolutionize the healthcare industry by improving communication; providing better technology and support services; and enabling more efficient, cost-effective healthcare for the consumer. By approaching the entire healthcare ecosystem, MediXall creates, invests, and incubates companies that embody its mission statement.
MediXall Group, Inc. (OTCQB: $MDXL), an innovative healthcare solutions provider, is excited to announce that Michael Swartz, President & Founder of its wholly-owned subsidiary, Health Karma, was recently being featured in Employee Benefit News in an article titled "The Future of Primary Care Benefits is Virtual."
The article was written by Amanda Schiavo, Associate Editor of Employee Benefit News, a leading media resource for decision makers in the worlds of employee benefits, human resources and workplace culture. Employee Benefit News serves 300,000 business leaders across all platforms. Their audience is comprised of HR executives and benefits directors whose influence spans health and retirement plans, inclusive company cultures, employee development, voluntary benefits, regulatory compliance, benefits procurement, HR technology, strategic direction, and finance.
https://finance.yahoo.com/news/health-karma-president-featured-one-131000504.html
OTC Pink King
3 years ago
MediXall Group, Inc. (OTCQB: $MDXL), an innovative healthcare solutions provider, is excited to announce that Michael Swartz, President & Founder of its wholly-owned subsidiary, Health Karma, was recently being featured in Employee Benefit News in an article titled "The Future of Primary Care Benefits is Virtual."
The article was written by Amanda Schiavo, Associate Editor of Employee Benefit News, a leading media resource for decision makers in the worlds of employee benefits, human resources and workplace culture. Employee Benefit News serves 300,000 business leaders across all platforms. Their audience is comprised of HR executives and benefits directors whose influence spans health and retirement plans, inclusive company cultures, employee development, voluntary benefits, regulatory compliance, benefits procurement, HR technology, strategic direction, and finance.
https://finance.yahoo.com/news/health-karma-president-featured-one-131000504.html
OTC Pink King
3 years ago
Health Karma, a wholly owned subsidiary of MediXall Group (OTCQB: $MDXL) a data-driven healthcare technology company, announced that Reflections Staffing selected Health Karma to help job seekers better engage in their health through access to $0 co-pay medical and behavioral care.
The mission of Reflections Staffing is to accelerate access to equal employment opportunities, while creating innovative pathways to improve real career outcomes and connecting qualified candidates with employers. At Reflections Staffing, job seekers are assessed through a different lens by structuring recruitment practices and prioritizing individual's talent, potential, and mindset. Aligning with their vision of enhancing quality, lowering cost, and boosting efficiency, Reflections partnered with Health Karma to provide their staffing candidates with a virtual benefit plan that offers them access to the Primary Care, Urgent Care and Behavioral Health they deserve for $0 co-pays along with education and tools to help them efficiently navigate and utilize appropriately health care services.
Source - https://yhoo.it/3CW9tiN
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