INSCOR, Inc.'s CEO Generating Explosive Revenues With New Contract
INSCOR, Inc.'s CEO Generating Explosive Revenues With New Contract
NEW YORK, NY--(Marketwired - Aug 5, 2013) - INSCOR, Inc. (PINKSHEETS: IOGA) has officially arrived. It has been just over a month since INSCOR named Kenny Andam as its new Chief Executive Officer (CEO), but what a month it has been. In that short time, the new CEO landed the company squarely in the middle of negotiations with an organization in his homeland of Ghana and walked away with a very lucrative insurance deal that will earn INSCOR over $200 million in gross revenues in just the third year of the deal.
When talks began between INSCOR and Ghana's National Mass Social Welfare Scheme (MSWS) to insure the replacement of lost or stolen welfare cards issued to its members, the new CEO's fingerprints were all over this golden opportunity. Andam has been successful at creating many companies, and his success likely comes from his ability to think outside the box and simplify the process.
When Stock Market Media Group, a full service investor relations firm focused on research, market awareness and content development, spoke with Kenny Andam shortly after his appointment, it was clear then that he would open the company up to many more opportunities that would generate revenue for INSCOR and improve the company's value for its shareholders. INSCOR joins a growing list of companies that have come to realize this CEO means business and he builds business opportunities.
Shareholders have to be elated with the numbers being announced from INSCOR's contract with MSWS. A quick breakdown of the deal and you can't help but be impressed with INSCOR and the future of the company under Andam. Keep in mind this is a company priced under $0.65/share and with this new contract it's highly undervalued -- but for how long? MSWS will initially provide valuable structured welfare needs to 3 million members on Oct. 30, 2013, growing to 9 million members by Oct. 30, 2014, and then reach 18 million members by Oct 30, 2015.
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