MIRA
INFORM REPORT
|
Report Date : |
14.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
AMERICAN SOLUTIONS INC |
|
|
|
|
Registered Office : |
1575 N 52nd St Philadelphia, PA 19131-4736 |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
Not Available |
|
|
|
|
Legal Form : |
Private Independent |
|
|
|
|
Line of Business : |
Data Processing and Web Hosting Services |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
Status : |
Undetermined |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
United States |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name and address
American Solutions Inc
|
|
|
||||||||||||||||||||||||||||||||||||||
Business
Description
|
Establishments primarily engaged in providing computer processing and
data preparation services. The service may consist of complete processing and
preparation of reports from data supplied by the customer or a specialized
service, such as data entry or making data processing equipment available on
an hourly or time-sharing basis. |
Industry
|
Industry |
Computer Services |
|
ANZSIC 2006: |
5921 - Data Processing and Web Hosting
Services |
|
NACE 2002: |
7230 - Data processing |
|
NAICS 2002: |
518210 - Data Processing, Hosting, and
Related Services |
|
UK SIC 2003: |
7230 - Data processing |
|
US SIC 1987: |
7374 - Computer Processing and Data
Preparation and Processing Services |
News
|
1 - Profit &
Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gingrich advocacy group
shut down
UPI Top Stories: 27 August 2011
[What follows is the full text of the news story.]
American Solutions
for Winning the Future, a fundraising and advocacy group developed by Newt Gingrich,
has shut down for lack of money, an official says.
Joe Gaylord, who
led the organization after Gingrich left, said it was closed down last month.
The Washington Post reported Friday an Aug. 1 filing with the Internal Revenue
Service showed American Solutions raised more than $2.4 million in the first
half of this year but its expenditures totaled almost $3 million.
"There's
nothing to say," Gaylord said. "We had difficulty raising money after
Newt left. ... We didn't want to run the organization into deep, deep, deep
debt. So we closed it down."
Gingrich, who is
seeking the Republican nomination for president, told the Post he hadn't heard
about the organization's financial woes and subsequent demise.
"I haven't
had anything to do with them since I left to run for president," Gingrich
said.
The newspaper said
American Solutions had raised more than $52 million in its first four years of
existence, with almost two-thirds of that amount going toward more fundraising.
Everything Channel
XChange Event Explores New Partner Paradigm
Annual Event Encourages Attendees to Discuss and Debate the New Rules for
Success in the Channel
PR Newswire US: 01 August 2011
[What follows is the full text of the news story.]
FRAMINGHAM, Mass.,
Aug. 1, 2011 /PRNewswire/ -- Everything Channel, a UBM company, today announced
details of the annual summer XChange event � XChange Americas, to be held
August 10-13th at the Hyatt Regency and DenverConvention Center in Denver, CO.
This year XChange Americas features the theme, "Game Changer: Rules for
the New Partner Paradigm," bringing together more than 250 North American
solutions providers with leading industry speakers and more than 100 technology
vendors to discuss and debate the rapidly changing rules for effective execution
in the channel. The comprehensive agenda combines demonstrations of new
products, services and solutions with insights from thought leaders and unique
networking opportunities to arm today's IT channel executive with the tools
required to be successful.
(Logo:
http://photos.prnewswire.com/prnh/20101026/NY89042LOGO)
To learn more
about XChange Americas visit http://everythingchannelevents.com/xam11 or follow
@everythingchnl at #xam11 on Twitter for live event updates.
Highlights of the
event include:
- Cloud
Computing Boot Camp
- Women of the
Channel Panel featuring executives from Ciena, Symantec and IBM �
- A
presentation from Craig Mathias, Principal, Farpoint Group: "Mobility
at the Tipping Point: What every channel player needs to know about the mobile
and wireless market to succeed"
- XChange Power
Panel: Your Connection To the Cloud of the Future featuring executives
from Comcast Business Services, CenturyLink Business Markets Group and
Tranquility Networks �
- A
presentation from Patrick Thean, CEO, Gazelles Systems entitled,
"Unlock the Secrets of Growth & Success"
- A
presentation from Richard Hutton, Senior Channel Marketing Manager,
Enterprise Business Division, Samsung entitled, "Business.
Innovated." �
To view the full
agenda visit: �http://everythingchannelevents.com/xam11_agenda
"Anyone in
the IT industry knows, the rules of engagement change quickly. In order to stay
ahead of these changes, we are thrilled to offer attendees practical advice
from industry thought leaders at our annual XChange Americas event," said
Robert C. DeMarzo, Senior Vice President of Strategic Content, Everything
Channel. �"The channel community relies on us for ongoing channel
expertise. �We will continue that commitment as the paradigm shifts to deliver
the resources that channel IT executives need to make strategic
decisions."
In addition,
Everything Channel continues to build on its Channel@Work program connection
with the Boys & Girls Clubs of Americas with a project at the Boettcher
branch on August 9th, and with Dress for Success with a collection and
reception on August 11th. �To learn more about the channel giving back at
XChange Americas visit: http://everythingchannelevents.com/xam11_channel@work.
The event also
includes celebrations for the Annual Report Card (ARC) and XChange XCellence
awards. �The latter closes the agenda with a luncheon ceremony recognizing
the sponsoring vendors that, by a vote of the attendees, provided the best
presentations, products, programs, and more. Platinum sponsors of the event
include: Dell, EMC, HP, IBM, Intel, and Microsoft. For a complete list of
XChange Americas sponsors, please visit
http://everythingchannelevents.com/xam11_sponsors.
Everything Channel
Everything Channel
is the premier provider of IT channel-focused events, media, research,
consulting, and sales and marketing services. With over 30 years of experience
and engagement, Everything Channel has the unmatched channel expertise to
execute integrated solutions for technology executives managing partner
recruitment, enablement and go-to-market strategy in order to accelerate
technology sales. Everything Channel is a UBM company. To learn more about
Everything Channel, visit us at http://www.everythingchannel.com. Follow us on
Twitter at http://twitter.com/everythingchnl.
UBM plc
(www.ubm.com)
UBM plc is a
leading global business media company. We inform markets and bring the world's
buyers and sellers together at events, online, in print and provide them with
the information they need to do business successfully. We focus on serving
professional commercial communities, from doctors to game developers, from
journalists to jewellery traders, from farmers to pharmacists around the world.
Our 6,000 staff in more than 30 countries are organised into specialist teams
that serve these communities, helping them to do business and their markets to
work effectively and efficiently.
Press Contact:
Betzi-Lynn Hanc, Marketing Manager
Everything Channel
508.416.1182
betzi.hanc@ec.ubm.com
SOURCE Everything
Channel
Adman, doc team up
to create Long Island's newest technology venture, OnTime Care
Long Island Business News (NY): 08 July 2011
[What follows is the full text of the news story.]
Just call them the
odd couple of the business world.
A medical doctor
and a marketing guru sure seem like an unlikely pair to start the Island's
newest technology venture, but Ken Greenberg, president and CEO of
Hauppauge-based marketing firm Austin & Williams, and Dr. Akram Boutros, a
former hospital executive turned founder and president of a health care
consulting firm, swear the partnership is the right mix to get Patient
Innovations, the newly created health care software development company, off
the ground.
Old friends,
Greenberg used to handle the marketing for South Nassau Communities Hospital,
where Boutros was an executive. Despite a few more moves around the hospital
business, Boutros remained close with Greenberg.
"One day Ken
came in to me and said, 'You know, wait times in doctor's offices are horrible.
Is there anything that can be done about that?'" Boutros said. "I
gave him some information and he suggested a web-based application. The more we
looked at it, the more of an opportunity it seemed to be for both of us."
Greenberg promises
Patient Innovations' first product, known as OnTime Care, will drastically
change the scheduling landscape at physicians' offices.
Before it does
that, however, Patient Innovations will not only have to raise the $2 million in
capital to get started, but also successfully differentiate itself from an
already crowded field.
There are about 3
million outpatient appointments scheduled across the nation each day, and of
those, about one-third start 30 minutes or later than their appointed times,
Boutros said. The idea behind OnTime Care is to create an easy-to-use interface
for scheduling appointments that uses algorithms to predict how long each
appointment will take and eliminate the need for double and triple booking, a
practice many physicians' offices have adopted to allow for no-shows and
cancellations, which increase waiting time for those who do show up.
"If a patient
waits 60 minutes or more, statistics show they are seven times more likely to
never go back to that physician's office or hospital," Boutros said.
Of course,
software can't always predict when a patient will spend an inordinate amount of
time asking questions, or when a routine 15-minute check-up will reveal a
serious health problem requiring time-consuming tests and observations.
"We're not
expecting 100 percent accuracy with scheduling appointments," Greenberg
said. "That's impossible. But we do believe we can get it right 90 percent
of the time."
And when delays do
happen, OnTime Care can automatically notify patients of the backlog via their
choice of text message, email or automated phone call. Patients can then
respond back whether they wish to keep the appointment or schedule a new one,
which can be done from their telephone, smartphone or computer.
If the concept
seems to sell itself, Patient Innovation isn't the originator.
"We quickly
found the field is crowded and many people have had an advantage over us in
terms of scale and entry into the market," Boutros said. "There are
definitely differences in software though. Just like cars on the road, many do
similar things, but none of them have the bells and whistles of a
Ferrari."
One similar
product that has beaten OnTime Care to market, MedWaitTime, also deals with
waiting room delays, although Greenberg argues his competitor's software
doesn't provide automatic updates but must be checked manually by the patient.
"There's been
a societal shift where everything is on demand and instantaneous,"
Greenberg said. "People expect that from every facet of their lives
now."
And patient
reminders are nothing new for doctors' offices. Many physicians, especially
dentists and optometrists, call patients the day before an appointment to
remind them of their impending visit.
"[Our system]
is not new in that sense, but it is new in that the patient can select how they
want to be notified," Greenberg said. "And since it's all automated,
that frees up the clerk to not have to make those phone calls so they can be
working on other things, improving efficiency even greater."
Of course, any new
software comes with a price tag, and at roughly $100,000 per year, OnTime Care
may seem too costly for some medical offices.
"It sounds
like a lot, but it actually works out to about $11.50 per patient for a small
practice and $6 for a larger one, like a hospital," Boutros said.
"And we estimate it will bring a 330 percent return on investment, so it
will more than pay for itself."
Greenberg and
Boutros aren't oblivious to the hurdles in their way. Even with their recent
hiring of American Solutions for Business, a national sales company, the pair
are projecting only about 100 sales after the first year, and having 471
customers by year five. The company also is starting to pitch potential
investors to help raise money to get the startup going.
They're off to a
good start though. Boutros said Patient Innovations will have at least two
customers by the end of the year, and has had positive conversations with
several other health practitioners.
"We're
speaking to customers locally and as far as Minnesota," Boutros said.
"We're just figuring out which customers would be the best fit right now.
We want committed customers because they'll be a reflection of us as much as we
will be of them."
Palestine is
indivisible: Leader
Mehr News Agency (MNA): 05 June 2011
[What follows is the full text of the news story.]
TEHRAN, June 5
(MNA) -- Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei
has said that the Palestinian cannot be split up and entirely belongs to
Muslims. The Leader made the remarks during an address to thousands of
well-wishers who gathered on the campus of the mausoleum of the late Imam
Khomeini, the Founder of the Islamic Republic, to commemorate the 22nd
anniversary of his death on Saturday. "American solutions to the Palestine
issue will not bear any fruit, and the solution to this issue is what the
Islamic Republic of Iran proposed a few years ago, according to which the
regime that will rule over the entire Palestine will be elected through a
referendum held by the people of this country," the Leader stated.
"After the Palestinian nation's elected government is established in all
parts of this state, the people of Palestine will decide about the Zionists who
have come to this country from outside," he added. Elsewhere in his
remarks, the Leader commented on developments in the Arab countries which have
been experiencing pro-democracy uprisings. Having Islamic, anti-U.S.,
anti-Zionist, and democratic nature is the common characteristic of the
people's mass movements in the Middle East and North Africa, he stated.
"Wherever the Islamic Republic of Iran observes a movement with these
characteristics, it will sympathize with that. But if we see that the
provocation of the United States and the Zionists is at work, we will not
sympathize with that (movement) because we are confident that the Great Satan
and its allies will not do anything in favor of the nations," the Leader
observed. Commenting on the situation in Libya, he stated, "Libya is a
very important country, has large oil reserves, and is very close to Europe.
And the West has been seeking to weaken the country through igniting a civil
war so that it can take control of this (state) directly or indirectly
afterwards." Yemen is in a similar situation, the Leader added. He then
spoke about Saudi Arabia's military intervention in Bahrain, saying,
"Everyone knows that the Saudis could not do so without the green light of
the United States.
Therefore, the
U.S. is also responsible for the events taking place in Bahrain." In
conclusion, the Leader warned that the hegemonistic powers are making efforts
to sow discord between regional countries and the Islamic Republic of Iran.
Iranians' spirit inspires Mideast uprisings Hojjatoleslam Seyyed Hassan
Khomeini, the grandson of Imam Khomeini, also delivered a speech to the
gathering, in which he said that the pro-democracy uprisings in the Middle East
and North Africa have been inspired by the Iranian nation's
"independence-seeking spirit." Hegemons have run out of energy President
Mahmoud Ahmadinejad also made a speech at the mausoleum of the late Imam
Khomeini on Friday. "Today the hegemonistic powers have run out of their
historic energy and fuel," Ahmadinejad said, adding that the hegemonistic
system will collapse soon. EP/PA MNA
Gingrich raising
little in campaign funds
UPI Top Stories: 20 April 2011
[What follows is the full text of the news story.]
Newt Gingrich is
lagging in fundraising for a U.S. presidential run, his financial reports show.
The former U.S. House
speaker's American Solutions political action committee took in only $53,000 in
the first three months of this year, Politico reported Wednesday, citing a
report it filed with the Federal Election Commission Tuesday night.
American Solutions
for Winning the Future, Gingrich's 527 committee which is not regulated by the
FEC, has raised tens of millions, but those funds cannot be spent directly on a
campaign.
The PAC has raised
$790,000 since being created in late 2009, while the 527 took in $13.7 million
in 2010 alone; it does not need to report its 2011 figures until July.
If he declares a
candidacy, Gingrich will be forbidden to raise money for or spend from any
entity other than an FEC-registered presidential campaign committee.
AEHI CEO Donald
Gillispie Honored as 2010 Businessman of the Year by Newt Gingrich at Election
Night Dinner
GlobeNewswire: 01 December 2010
[What follows is the full text of the news story.]
WASHINGTON, Dec.
1, 2010 (GLOBE NEWSWIRE) -- Former Speaker of the House and General Chairman of
American Solutions, Newt Gingrich, recently honored AEHI CEO Donald Gillispie,
as American Solutions' 2010 @Businessman of the Year. Speaker Gingrich
recognized Donald Gillispie at the American Solutions Election Night Dinner on
November 2nd at The Ronald Reagan Building in Washington, D.C.
"Led by
leaders like Donald Gillispie, who has succeeded in the face of adversity and
economic turmoil, our victory on November 2nd was just the start to what will
prove to be an historic Conservative movement to reject the left and provide
common sense Center-Right Leadership."
According to
American Solutions, as the economy spiraled into recession, President Obama and
the Democrats in Congress offered no solutions for almost two years.�
Instead, they introduced one job killing bill after another, forced unpopular
and corrupt socialized health-care reform through Congress, and have refused to
take any responsibility whatsoever for their inaction, deciding instead to
blame others for their failures.� Donald Gillispie, on the other hand, has
taken these challenges head on and managed to survive - and even succeed - in
an extremely hostile and uncertain economic environment.
About American
Solutions -- American Solutions is a tri-partisan citizen action network of
over 1.5 Million members. Its goal is to create the next generation of
solutions that will ensure that the United States remains the safest, freest,
and most prosperous country in the world. Its General Chairman is Speaker Newt
Gingrich.� For more information, visit www.AmericanSolutions.com.
About Don
Gillispie -- A 45-year veteran of the nuclear industry, Don Gillispie was
involved in the construction and operation of a number of nuclear reactors and
helped start the Institute of Nuclear Power Operations (INPO). His real
interest in nuclear power began in the military. He completed the Navy Nuclear
Power School, became a nuclear operator and served aboard the SSBN Francis
Scott Key.�He is now CEO of Alternate Energy Holdings, Inc. in Eagle, Idaho.
About Alternate
Energy Holdings, Inc. (OTCQB:AEHI) (http://www.aehipower.com) -- Alternate
Energy Holdings develops and markets innovative clean energy sources. The
company is the nation's only independent nuclear power plant developer seeking
to build new power plants in multiple non-nuclear states. Other projects
include Energy Neutral(TM), which removes energy demands from homes and
businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and
solar generation), and Green World Water(TM), which assists developing
countries with nuclear reactors for power generation
(http://www.GreenWorld-H2O.com), production of potable water and other suitable
applications. AEHI China, headquartered in Beijing, develops joint ventures to
produce nuclear plant components and consults on nuclear power. �
The Alternate Energy Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=8058
Safe Harbor
Statement: This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The words "believe,"
"expect," "anticipate," "project,"
"target," "optimistic," "intend,"
"aim," "will" or similar expressions are intended to
identify forward-looking statements. Such statements include, among others,
those concerning our expected financial performance and strategic and
operational plans, as well as all assumptions, expectations, predictions,
intentions or beliefs about future events, including our ability to list on a
national securities exchange. These statements are based on the beliefs of our
management as well as assumptions made by and information currently available
to us and reflect our current view concerning future events. As such, they are
subject to risks and uncertainties that could cause our results to differ
materially from those expressed or implied by such forward-looking statements.
Such risks and uncertainties include, among many others: our significant
operating losses; our limited operating history; uncertainty of capital
resources; the speculative nature of our business; our ability to successfully
implement new strategies; present and possible future governmental regulations;
operating hazards; competition; the loss of key personnel; any of the factors
in the "Risk Factors" section of our Annual Report on Form 10-K for
the most recently completed fiscal year; and any statements of assumptions
underlying any of the foregoing. You should also carefully review the reports
that we file with the SEC. We assume no obligation, and do not intend, to
update these forward-looking statements, except as required by law.
CONTACT: Alternate Energy Holdings, Inc.
Media:
Dan Hamilton
(208)939-9311
American Solutions for Winning the
Future
R.C. Hammond
(202) 379-3242
rchammond@americansolutions.com1425 K
Street NW Suite 750
Washington, D.C. 20005
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.02 |
|
|
1 |
Rs.77.13 |
|
Euro |
1 |
Rs.67.55 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.