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Ruiz Securities Deal Approved
- Thread starter Rickd
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Warrior808
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2nd qtr results next Thursday. If they start showing some traction on the collections side things should get interesting.
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Resume construction of the vacation home on Nantucket, bro!
Novacane32000
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Hopefully, there is something behind this move (earnings surprise) and not just day traders having some fun.
Resume construction of the vacation home on Nantucket, bro!
Just put it on pause again. The contractors are getting ****ed
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Hahaha. They should've asked for at least half upfront. You're on a rollercoaster rocketship. Their money is waiting on the moon!
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MSP Recovery Announces Fiscal Second Quarter 2022 Financial Results
Completed Business Combination Between Lionheart Acquisition Corporation II and MSP RecoveryPaid Value of Potentially Recoverable Claims Grew to $88.3 Billion During QuarterAcquired Claim Recovery Rights and Rights to Cash Flows Increasing Balance Sheet Assets from $104 Million at December 31...
Scary numbers ... but at least the "inventory" of actionable claims has grown tremendously. Now all they have to do is actually convert a decent % of those claims to recoveries in order to begin producing revenue. So far revenue has been very very light:
-2nd quarter 2022 Revenue. $5.3 million
-2nd quarter 2022 Net Loss. $77.1 million
-Ruiz / Quesada loaned $112 million to the company on 6/16/22 for operating capital.
Reading their puffers they do have a lot of potentially lucrative revenue producing projects in the works. $5.3 million in quarterly revenue is a long way from getting to the initial $1 Billion in annual revenue. Hope they break company records in the 3rd quarter.
Having worked in and around their business for over 30 years, this seems to be the key quote,
- Paid Value of Potential Recoverable Claims grew to $88.3 billion, as of June 30, 2022, up 2% from $86.6 billion as of December 31, 2021 and up 516% from $14.3 billion from June 30, 2021.
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up 40% Premarket
pulse2.com
1.) MSP Recovery, which powers LifeWallet, has grown from an initial 11,000 unique healthcare member lives in 2014 to more than 34 million unique healthcare member lives as of August 11, 2022, with an additional 3 million anticipated prior to September 30, 2022.
2.) MSP Recovery – in partnership with Tokenology – has completed the development of cutting-edge blockchain technology designed to solve significant problems the healthcare industry faces today, including fraud, inefficiency in payments, and antiquated processes, to provide real-time decentralized services that connect patients to providers and their own medical data like never before.
3.) MSP Recovery has been able to utilize Palantir’s Foundry platform to create one of the most advanced healthcare analytics tools in existence that provides real-time diagnostics for healthcare payers and providers.
4.) These systems all allow MSP Recovery to identify the correct payer in real-time, avoiding improper payments and maximizing collections.
MSP Recovery (MSPR) Stock: Why It Surged Over 40% Today
The stock price of MSP Recovery (MSPR) surged by over 40% pre-market today. This is why.
pulse2.com
1.) MSP Recovery, which powers LifeWallet, has grown from an initial 11,000 unique healthcare member lives in 2014 to more than 34 million unique healthcare member lives as of August 11, 2022, with an additional 3 million anticipated prior to September 30, 2022.
2.) MSP Recovery – in partnership with Tokenology – has completed the development of cutting-edge blockchain technology designed to solve significant problems the healthcare industry faces today, including fraud, inefficiency in payments, and antiquated processes, to provide real-time decentralized services that connect patients to providers and their own medical data like never before.
3.) MSP Recovery has been able to utilize Palantir’s Foundry platform to create one of the most advanced healthcare analytics tools in existence that provides real-time diagnostics for healthcare payers and providers.
4.) These systems all allow MSP Recovery to identify the correct payer in real-time, avoiding improper payments and maximizing collections.
Novacane32000
Sophomore
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Day Traders will be all over this today, which is not necessarily good. Hopefully, we get some investors who really believe in this Co. to buy and hold.
Love the good news.
Love the good news.
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Ghandi
Junior
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up 40% Premarket
MSP Recovery (MSPR) Stock: Why It Surged Over 40% Today
The stock price of MSP Recovery (MSPR) surged by over 40% pre-market today. This is why.
1.) MSP Recovery, which powers LifeWallet, has grown from an initial 11,000 unique healthcare member lives in 2014 to more than 34 million unique healthcare member lives as of August 11, 2022, with an additional 3 million anticipated prior to September 30, 2022.
2.) MSP Recovery – in partnership with Tokenology – has completed the development of cutting-edge blockchain technology designed to solve significant problems the healthcare industry faces today, including fraud, inefficiency in payments, and antiquated processes, to provide real-time decentralized services that connect patients to providers and their own medical data like never before.
3.) MSP Recovery has been able to utilize Palantir’s Foundry platform to create one of the most advanced healthcare analytics tools in existence that provides real-time diagnostics for healthcare payers and providers.
4.) These systems all allow MSP Recovery to identify the correct payer in real-time, avoiding improper payments and maximizing collections.
Is #2 already in production as a service?
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Blockchain tech that solves fraud. Is that in production? Hellllllll no. That **** doesn't exist
Ghandi
Junior
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LmaoBlockchain tech that solves fraud. Is that in production? Hellllllll no. That **** doesn't exist
Courtesy of Pulse 2.0
BLUF
MSP adding alot of customers and besides using blockchain technology, MSP recovery is using Palantir Technologies. If you dont know who Palantir is, its probably the most advanced data analytics software on the market. Palantir is used by pretty much every Western military special ops outfits. Having the ability to properly analyze large amounts of data and be able to execute on the right data at the right time is very important.
1.) MSP Recovery, which powers LifeWallet, has grown from an initial 11,000 unique healthcare member lives in 2014 to more than 34 million unique healthcare member lives as of August 11, 2022, with an additional 3 million anticipated prior to September 30, 2022.
2.) MSP Recovery – in partnership with Tokenology – has completed the development of cutting-edge blockchain technology designed to solve significant problems the healthcare industry faces today, including fraud, inefficiency in payments, and antiquated processes, to provide real-time decentralized services that connect patients to providers and their own medical data like never before.
3.) MSP Recovery has been able to utilize Palantir’s Foundry platform to create one of the most advanced healthcare analytics tools in existence that provides real-time diagnostics for healthcare payers and providers.
4.) These systems all allow MSP Recovery to identify the correct payer in real-time, avoiding improper payments and maximizing collections.
“I am pleased with the progress we have made. We are exceeding our predictions as to timing on a large portion of our technology projects. Between blockchain and our partnership with Palantir, we are helping our own business in identifying and collecting historical claims and positioning LifeWallet to monetize its systems by identifying the huge flaws in the historical claims in the past and monetize at even larger scale by preventing flaws in the future. These systems increase revenue, reduce costs, and save lives with precision in medical treatment and billing.”
— MSP Recovery Founder and CEO, John H. Ruiz
BLUF
MSP adding alot of customers and besides using blockchain technology, MSP recovery is using Palantir Technologies. If you dont know who Palantir is, its probably the most advanced data analytics software on the market. Palantir is used by pretty much every Western military special ops outfits. Having the ability to properly analyze large amounts of data and be able to execute on the right data at the right time is very important.
1.) MSP Recovery, which powers LifeWallet, has grown from an initial 11,000 unique healthcare member lives in 2014 to more than 34 million unique healthcare member lives as of August 11, 2022, with an additional 3 million anticipated prior to September 30, 2022.
2.) MSP Recovery – in partnership with Tokenology – has completed the development of cutting-edge blockchain technology designed to solve significant problems the healthcare industry faces today, including fraud, inefficiency in payments, and antiquated processes, to provide real-time decentralized services that connect patients to providers and their own medical data like never before.
3.) MSP Recovery has been able to utilize Palantir’s Foundry platform to create one of the most advanced healthcare analytics tools in existence that provides real-time diagnostics for healthcare payers and providers.
4.) These systems all allow MSP Recovery to identify the correct payer in real-time, avoiding improper payments and maximizing collections.
“I am pleased with the progress we have made. We are exceeding our predictions as to timing on a large portion of our technology projects. Between blockchain and our partnership with Palantir, we are helping our own business in identifying and collecting historical claims and positioning LifeWallet to monetize its systems by identifying the huge flaws in the historical claims in the past and monetize at even larger scale by preventing flaws in the future. These systems increase revenue, reduce costs, and save lives with precision in medical treatment and billing.”
— MSP Recovery Founder and CEO, John H. Ruiz
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