VHGI Gold Signs Binding Letter of Intent to Acquire Additional Properties in Western Sierra, Close the Purchase of Treasure Gulch Gold Mine and Option to Lease Phau Springs Mine
Mar 10, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board:VHGI.ob - News) today announced that VHGI Gold LLC, its wholly-owned operating subsidiary, has entered into a letter of intent to purchase or lease additional mines from Western Sierra Mining Corporation, including a lease option on Phau Springs Mine. VHGI Gold is also determined to complete the purchase of Treasure Gulch.
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VHGI Subsidiary VHGI Energy LLC enters in Letter of Intent with Gulf Coast Exploitation LLC to form partnership in Texas Gulf Opportunities.
Mar 4, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) today announced that VHGI Energy LLC, its wholly-owned operating subsidiary has entered into a Letter of Intent with Gulf Coast Exploitation LLC. " VHGI energy through its due diligence has decided to move forward in the Oil and Gas sector where there is significant growth opportunities." stated Jim Renfro the company President. "This is our first opportunity to move VHGI Energy forward into a situation that can produce revenues quickly. We are also now executing our business plan as enter into an LOI with Gulf Coast Exploitation. " Renfro continued.
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VHGI Subsidiary VHGI Gold With Its New Partner Western Sierra Together Have Entered Into Negotiations to Further Expand on Their Current Gold Portfolio
Mar 3, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board:VHGI.ob - News) today announced that VHGI Gold LLC, its wholly-owned operating subsidiary along with one of its mining partners, Western Sierra Mining, together agreed to forge ahead and source additional gold projects to compliment their current portfolio. Management feels that in addition to the Treasure Gulch mine already under development there are other significant projects, available through its relationship with Western Sierra, and desire to move together not only to acquire these properties but to move them to the next level.
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Virtual Health Technologies, Inc. Announces Formation of VHGI ENERGY, LLC
Mar 1, 2010 - VirtualHealth Technologies, Inc. soon to be renamed VHGI Holdings, Inc. has announced the formation of a new subsidiary, VHGI Energy, LLC. VHGI continues to surge ahead with its strategy of carefully selecting opportunities to gain entry into the established gold and energy markets. This strategy began in 2009 with the lease of treasure Gulch and the option to purchase Treasure Gulch gold mine in Prescott, AZ soon followed by the formation of VHGI Gold, LLC, VHGI's gold and precious metals subsidiary.
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VHGI GOLD Completes Lease Payment through 2013 for Treasure Gulch Gold Mine
Feb 24, 2010 - VirtualHealth Technologies, Inc. confirmed today that VHGI Gold, LLC, its wholly-owned operating subsidiary, has extended its Lease-Purchase Option through 2013 with Western Sierra Mining Corp, Inc. relative to the Treasure Gulch Gold Mine.
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VHGI Announces Letter of Intent to Acquire 2,628 Acres and Related Mining Claims and Equipment in Alaska which include Significant Potential Gold Reserves
Feb 8, 2010 - VirtualHealth Technologies, Inc. (OTCBB: VHGI) announced today that its subsidiary, VHGI Gold, LLC, has entered into a letter of intent to purchase certain acreage, mining claims and equipment pertaining to the Ganes Creek Mine in Alaska from C.W. Properties, LLC and Clark-Wiltz Mining Partnership. The potential gold reserves are estimated at over 500,000 ounces, although such amount has not been verified nor has VHGI undertaken an analysis of the feasibility of mining such reserves, both of which will be analyzed in detail prior to the closing. According to Jim Renfro, VHGI President "We are excited to have this opportunity to work with the experienced group of C.W. Properties. This is a significant step for us to confirm our direction and our efforts to focus in the gold industry. " Renfro continues, "We feel that with the increased spending of our Federal Government that gold is going to be an asset that will only increase in value and by possessing these assets VHGI will help to increase its shareholder value."
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VHGI Subsidiary VHGI Gold Completes Second Phase of Treasure Gulch and Zero Gold Mines Acquisitions
Feb 5, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) today announced that VHGI Gold LLC, its wholly-owned operating subsidiary, has completed scheduled payments of cash and restricted shares of VHGI to the former leaseholder of the Treasure Gulch Lease-Purchase Option. Additionally, VHGI Gold confirmed that they intend to release details of plans to mine and process the gold reserves on the properties once their consultants have completed final due diligence over the coming weeks, which consultants are presently evaluating the full acquisition of the Treasure Gulch and Zero Mining Properties.
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VirtualHealth Technologies Completes Sale of Secure eHealth, LLC and Other Assets to Wound Management Technologies; Robert Tapales Appointed President of Secure eHealth, LLC
Feb 1, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) announced today that it has completed the sale of secure data and messaging provider, Secure eHealth, LLC, along with certain other technology assets to Wound Management Technologies, Inc. (OTC Bulletin Board: WNDM) as previously announced in the January 11 press release. In addition to the sale of Secure eHealth, VHGI has also transferred all of the intellectual property assets of the real-time prescription drug monitoring business conducted by its subsidiary, VPS Holdings, LLC to Wound Management. In addition, VHGI transferred to Wound Management its interest in a convertible note issued by Private Access, Inc., along with related agreements . Private Access is the Irvine based innovator in privacy-enhanced search technology and licensee of Secure eHealth's System Tray Notifier. VHGI will retain its existing ownership interest in Private Access. Terms of the sale include $100,000 in cash, a note for $400,000, and a three-year 10% royalty payable by WNDM and its subsidiaries to VHGI for sales of products containing the Veriscrip Technology.
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VirtualHealth Technologies Announces Search for CEO to Operate VHGI Gold Subsidiary and Continues Toward Closure of Sale of Secure eHealth, LLC to Wound Management Technologies
Jan 26, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) announced today that they have officially started to review potential candidates for CEO of its subsidiary VHGI Gold. Additionally, the company is working to complete the documents for the sale of secure data and messaging provider, Secure eHealth, LLC, along with certain other technology assets to Wound Management Technologies, Inc. (OTC Bulletin Board: WNDM), as previously announced in the January 11 press release. "As we continue to work on the Treasure Gulch mine, we want to bring in a CEO that will have the vision and expertise to allow us to be successful. Completion of the sale of Secure eHealth now clears the way for us to begin focusing on the mining operations at Treasure Gulch and provides us with the capital to begin production," stated Jim Renfro, the company's President.
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VirtualHealth Technologies Will Change Its Name to VHGI Holdings, Inc. and Surges Forward Into Broader Market
Jan 19, 2010 - Virtual Health Technologies, Inc. (OTCBB-VHGI) announced today that it will be changing its name to VHGI Holdings, Inc. to better reflect the company's business development beyond just healthcare. According to Jim Renfro, VHGI President "This name change is an important part of our continuing effort to demonstrate our company's commitment on asset diversification and creating more value for our shareholders without limiting our opportunities. It has been abundantly clear that success in today's climate is achieved by being flexible, responsive and nimble, this identity transformation will help us achieve that."
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VHGI Completes Next Payment Phase and Updates Investors on Developments for Treasure Gulch Gold Mine Lease, Implementation of Production Plan
Jan 13, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) today confirmed that VHGI Gold, its wholly owned operating subsidiary, has given formal notice that it intends to accept the lease assignment for the Treasure Gulch Group mines and initiate ore sampling on-site within 30 days as Phase I of their gold production plan. Additionally, VHGI Gold released initial details concerning Phases II & III of its plans to target the $50,000,000 in estimated gold reserves for processing.
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VirtualHealth Technologies Announces Strategic Sale of Secure eHealth, LLC to Wound Management Technologies
Jan 11, 2010 - VirtualHealth Technologies, Inc. (OTCBB: VHGI) announced today that they have reached a a mutual understanding and verbal agreement in principle to sell secure data and messaging provider, Secure eHealth, LLC, and certain other technology assets to Wound Management Technologies, Inc. (OTCBB: WNDM). Both parties have completed the due diligence process, agreed to the price and terms and are currently drafting definitive documentation on this transaction with an expectation to close the transaction within the next two weeks.
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VHGI Unveils Strategic Gold Production Financing Plans for 2010 and Possible Name Change
Jan 5, 2010 - VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed today that the company continues to evaluate bids for certain of its healthcare assets as part of its strategy to assemble the necessary capital to initiate gold mining production. Additionally, VHGI announced that they intend to change the name of the company as VHGI Gold (a wholly owned operating subsidiary of VHGI) looks to put the Treasure Gulch and Zero Mines into production and accelerate the company's reentry into the Gold Mining Industry.
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VHGI Targets Experienced Mining Industry CEO for Development of Treasure Gulch Processing Facility Targeting $50,000,000 Gold Reserves and Reentry of VHGI into the Gold Mining Industry
Dec 29, 2009 - Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed today that VHGI Gold (a wholly owned operating subsidiary of VHGI) is down to a select few candidates to lead the company's reentry into the Gold Mining Industry. While the company has qualified advisors to assist with evaluating plans to put the Treasure Gulch and Zero Mines into production, VHGI intends to accelerate the process through the installation of a seasoned mining project development officer to spearhead the process.
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VHGI: VHGI Gold Releases Treasure Gulch and Zero Mines Initial Technical Analysis of $50,000,000 Estimated Gold Reserves
Dec 22, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) through its wholly owned subsidiary VHGI Gold, today released initial analysis of technical data received from the consultants hired to evaluate and formulate its development plan at the Treasure Gulch and Zero Mining properties in Prescott, Arizona. Recoverable estimates are approximately 45,000 ounces of Gold between the 2 claims, with a combined extractable value of approximately $50,000,000 using valuations of $1200.00 per ounce of gold. Initial production costs are budgeted at approximately $200.00 per ounce.
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VHGI: VHGI Gold Taps Mervyn Gervis for Advisory Position on International Mining Acquisitions; StockMarketinginc.com Retained to Expand Investor Awareness; VHGI Seeks Mining Projects and Development Partners
Dec 21, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) confirmed today its operating subsidiary, VHGI Gold, has appointed Mervyn Gervis to chair its advisory board to assist with evaluating potential International Mining Acquisitions. Mr. Gervis is a former South African resident with experience in various aspects of mining, mineral development and exploration in South Africa. Additionally, VHGI announced that it has retained www.stockmarketinginc.com to assist with raising investor awareness.
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VHGI: VHGI Gold Targets Candidates to Fill Key Advisory Board Position to Evaluate International Mining Acquisitions; Internet Town Hall Meeting Details Emerge, Kitco Gold Coverage Initiated
Dec 17, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) confirmed today that VHGI Gold (a wholly owned operating subsidiary of VHGI) is interviewing candidates for a key advisory board position to assist with evaluating potential International Mining Acquisitions. The company is close to a decision for the role and hopes to make an announcement imminently, as they are currently reviewing potential joint ventures and opportunities within the overseas Gold and Precious Minerals Mining markets.
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VHGI: VHGI Gold Taps Key Mining Professionals to Assist With Development Plan for $50,000,000 Potential Reserves at Treasure Gulch Gold Mine; Investor Town Hall Meeting to be Scheduled
Dec 15, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) confirmed today that VHGI Gold (a wholly owned operating subsidiary of VHGI) has appointed two key industry professionals to the VHGI advisory board to assist with bringing the Treasure Gulch and Zero Gold Mines properties into production as quickly as possible. Additionally, the company is informing interested shareholders and related parties that they intend to schedule a Live Investor Town Hall Meeting so that investors may ask questions concerning the project to the company's representatives.
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VHGI: Treasure Gulch Processing Facility with $3.4 Million First Year Profit Potential Targeted for $50,000,000.00 Gold Reserves, Mining Advisory Board Assembling; VirtualHealth Technologies, Inc. Dividend Update
Dec 11, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) confirmed today that VHGI Gold (a wholly owned operating subsidiary of VHGI) is moving forward in its plans to develop the Treasure Gulch Gold Mine. Plans are currently being evaluated for the construction of a 6 Ton/Hr hard rock processing facility to target the $50,000,000.00 in potential gold reserves detailed in VHGI's 8K filing. To that end the company is assembling an advisory board to be staffed with experienced gold industry profession."
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Cohen Independent Research Group Issues a "Buy" Rating With a Target Price of $2.48 for VHGI; 8K filed regarding $50,000,000.00 Treasure Gulch Gold Reserves
Dec 9, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) and their wholly owned subsidiary VHGI Gold is pleased to announce that Cohen Independent Research Group, Inc., Wall Street's leading independent fundamental research firm, has issued a research report on VHGI with a "buy" recommendation and a long-term target price of $2.48.
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VHGI Gold Files 8K Regarding $50,000,000.00 Treasure Gulch Gold Reserves; Stock Analyst Report To Be Released This Week
Dec 8, 2009 - Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) announced today that an 8K has been filed detailing contracted analysis of historical reserves at the Treasure Gulch Gold Mine held under Lease-Purchase Option by VHGI Gold, a wholly owned subsidiary of VHGI. The filing contains an update of the original report entitled "THE TREASURE GULCH AND ZERO MINES", originally prepared for Western Sierra Mining by Gold River Exploration. In addition to this updated analysis, Western Sierra Mining prepared pro forma financial projections relative to VHGI's operation of the Mine assuming the construction of a full scale processing facility onsite.
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VHGI Gold Contracts for Treasure Gulch Development Work & Retains Stock Analyst; VHGI Clarifies Potential Asset Sale
Dec 4, 2009 - Virtual Health Technologies, Inc. (OTCBB-VHGI) announced today that development studies were underway at the Treasure Gulch Gold Mine and confirmed that an analyst had been retained to profile VHGI Gold. Additionally, they notified shareholders that the potential sale of its healthcare technology assets to Wound Management Technologies, Inc. (WNDM) is still under review by the board of directors of VHGI, but emphasized that any sale would not include VHGI's interest in Private Access, Inc.
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Virtual Health Technologies 10Q Reports 3rd Quarter Positive Income; Explains VHGI Gold Strategy
Dec 2, 2009 - Virtual Health Technologies, Inc. today confirmed that their 3rd quarter 10Q showed income of approximately $43,000 versus a loss of approximately $109,000 for the same period in 2008. The increase in income for the third quarter is largely attributed to the settlement of debt tied to the previous acquisition of one of VHGI's healthcare technology subsidiaries. $900,000 of debt was settled for 1,000,751 shares of VHGI stock.
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(OTCBB-VHGI) VHGI Gold Confirms Extension of Treasure Gulch Gold Mine Lease; Gold Remains Above $1100./Oz (http://www.vhgigold.com)
November 30, 2009 - Virtual Health Technologies, Inc. today confirmed that VHGI Gold, a wholly owned operating subsidiary of VHGI, has successfully negotiated a modification to the Treasure Gulch Gold Mine Lease Purchase Option.
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OTCBB-VHGI announces creation of VHGI Gold, Inc. Operating Subsidiary; Releases Details of Treasure Gulch Gold Mine Development Plan
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November 17, 2009 - Virtual Health Technologies, Inc. (OTCBB: VHGI) today confirmed the formation of a wholly owned operating subsidiary, VHGI Gold, Inc. "VHGI Gold will operate independent of VirtualHealth Technologies as it seeks to maximize returns for VHGI through the Gold Mining and Precious Metals Mining markets, but the company is 100% owned by VirtualHealth Technologies (OTCBB-VHGI)." "Within the coming days we expect to announce appointments to an advisory board for VHGI Gold, as well as interim management to staff this newly created division which draws heavily on VHGI's earlier corporate operating history of Gold and Mineral Exploration" stated Jim Renfro, President of VHGI.
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VHGI Updates Shareholders on Status of Healthcare Asset Sale and Treasure Gulch Gold Mine Development Strategy
November 6, 2009 - Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) confirmed today that the previously confirmed Letter of Intent to sell all health care related assets to Wound Management Technologies, Inc (WNDM) is subject to final approval of the Board of Directors and shareholders of VHGI.
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OTCBB-VHGI Announces LOI to Sell Certain Assets for $10 million Cash/Stock to WNDM; With Stock Dividend to be Distributed to Shareholders in 2010
November 5, 2009 - Virtual Health Technologies, Inc. announced today that it has entered into a Letter of Intent to sell all health care related assets to Wound Management Technologies, Inc (WNDM). The deal provides for VHGI to be paid $1,000,000 in cash and debt, 4,000,000 shares of WNDM stock and a royalty agreement for continued revenues to VHGI. WNDM closed at $2.00 per share on 11/4/09 and VHGI closed at $0.27 per share on 11/4/09. VHGI intends to retain the cash and debt portion of the consideration for working capital purposes, and intends to distribute the WNDM stock to its shareholders as a dividend in 2010, subject to completion and effectiveness of a re-sale registration statement to be filed by WNDM in 2010.
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VHGI Acquires Treasure Gulch Gold Mine Lease-Purchase Option
November 2, 2009 - VirtualHealth Technologies, Inc. announced today that one of their operating subsidiaries, VPS Holdings, LLC (VPSH) has acquired a Lease-Purchase Option Agreement for the Treasure Gulch Gold Mine in Prescott, Arizona from a privately held entity. Unverified historical due-diligence material originally obtained from Western Sierra Mining Corp, Inc. (WSRA, a public company which is the owner of the subject property) estimates Proven and Probable Gold Reserves in excess of $35,000,000.00 using a valuation of $800.00 per ounce.
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VirtualHealth Technologies Licenses Cifra™ Secure Healthcare Platform to Wound Management Technologies
October 12, 2009 - VirtualHealth Technologies, Inc., a provider of secure technology for electronic health records and connectivity for web-based healthcare solutions, announced today that its subsidiary Secure eHealth has entered into an agreement with Wound Care Innovations, LLC, a subsidiary of Wound Management Technologies Inc., to use its Cifra™ secure healthcare platform.
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Veriscrip and DAMMAD Team Up to Combat Prescription Drug Abuse in New Hampshire
October 6, 2009 - Veriscrip, the nation's first real-time Prescription Drug Monitoring Program, and a subsidiary of VirtualHealth Technologies, Inc. has announced that it is working with Dads and Mad Moms Against Drug Dealers (DAMMAD), a national non-profit organization. DAMMAD's mission is to provide resources for law enforcement in the form of a tip hotline and networking to combat the proliferation of drug dealers in the community by developing a real-time prescription drug monitoring program in the state of New Hampshire...
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VirtualHealth Technologies Announces Secure eHealth Agreement With DRM Security to Market Secure Document Courier and Storage Platform
September 10, 2009 - VirtualHealth Technologies, a provider of secure technology for electronic health records and connectivity for web-based healthcare solutions, announced today an agreement with its subsidiary Secure eHealth to market DRM Security's Secure Document Courier and Storage technology (Cifra™) to the healthcare markets...
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Secure eHealth License Holder Private Access, Inc. Announces Commercial Beta Release of Privacy-Enhanced Search Technology, Including Collaboration with Pfizer, Inc.
August 20, 2009 - VirtualHealth Technologies is proud to announce today that Private Access Inc., a licensee of its subsidiary Secure eHealth's STN (System Tray Notifier) application and the innovator in privacy-enhanced search technology, separately announced its collaboration with Pfizer, Inc...
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VirtualHealth Technologies Files 8k Related to the August 17th Announcement of Private Access Payment and Document Modification
August 19, 2009 - VirtualHealth Technologies announced today that it has filed its 8k in relation to the announcement made earlier this week on August 17th regarding the payment received from Private Access of $100,000 for interest and restructuring fees as well as VHGI's agreement to revise the terms of its $1,500,000 note with Private Access...
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Secure eHealth Partner Receives Patent and Notice of Patent Allowance that is Key to Enriched Data Portability in Healthcare
August 18, 2009 - VirtualHealth Technologies announced that a technology partner of its subsidiary, Secure eHealth, LLC, recently received a patent as well as a notice of patent allowance for architecture, methodology and apparatus of portable information agents...
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VirtualHealth Technologies, Inc. Receives Payment According to Terms of Investment in Private Access, Inc., Modifies Documents
August 17, 2009 - VirtualHealth Technologies announced it has received a payment of $100,000 for interest and restructuring fees under the terms of its January 15, 2009 loan restructuring with Private Access, Inc...
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VirtualHealth Technologies, Inc announces launch of newly designed website
August 10, 2009 - VirtualHealth Technologies, Inc. announced the release of its new website at www.virtualhealthtechnologies.com...
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Secure eHealth and DRM Security Partner to Provide Most Secure Healthcare Network Available
PR Newswire (July 13, 2009)
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