As a society, there are several issue areas that we take very seriously and have allocated resources, time, and legislative power to assure these remain intact. These issues include, but are not limited to, military spending, public infrastructure, and healthcare. It doesn’t take a political scientist to understand that we spend billions to fund our nation’s armed forces.
In fact, in the U.S. fiscal year 2015, military spending accounted for 54% of all federal discretionary spending, totaling $598 billion. Without diving into the can of worms that is defense budgets, we can discern that America cares about maintaining a strong, well-funded military, but the inconvenient truth is that in placing priority on one aspect of American life, we’ve disregarded countless others, namely mental health.
When you hear the phrase “mental health,” you almost immediately scan the room to seek out the suspicious character who uttered those words because this concept has become so taboo that we are fearful of even mentioning it. If we’re not walking on egg shells when discussing mental wellness, we’re judging individuals for sharing with us, or others, that they struggle with their own mental health.
It’s strange and upsetting that because we cannot see someone suffering, i.e. sitting in a wheelchair or exhibiting other external symptoms, we assume that everything is perfectly fine. We couldn’t be further from the truth. According to the National Alliance on Mental Illness, approximately one in five adults in the U.S. — 43.8 million, or 18.5%, experiences mental illness in a given year, and the statistics are even more prevalent in children aged 13-18 (21.4%).
Whether we realize it, or we’ve elected to remain blind to the facts, it changes nothing. People struggling mental illness need to be afforded the same rights and access to resources and treatment as an individual diagnoses with any other disease or ailment. It does not matter how severe one’s diagnosis may be, we deserve to live happy, healthy lives, and America’s current infrastructure is not meeting the demands of individuals in need of support.
According to NAMI statistics, serious mental illness costs America $193.2 billion in lost earnings per year, which should serve as a wake up call to business owners that if they want to maintain profit margins, they should take care of their staff.
Luckily, there are companies, albeit few, in the healthcare industry that take mental illness seriously and are taking the necessary steps to give their patients access to affordable, qualitative mental healthcare.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is a Canadian publicly traded company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies to provide the best possible care options for their patients. The Company announced earlier this week the launch of a
The initiative will focus on providing
Following the announcement, Dr. Essam Hamza, CEO of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F), commented, “Having the ability to offer virtual mental health counselling services is pivotal to our patient-centric app. Through my own practice I have encountered a significant number of teens and young adults who would much rather use virtual services from the comfort of their home than come in person and wait in a busy waiting room to talk about their mental health. The need is there, and Premier Health, working alongside Dr. Ali and Dr. McKenzie, will develop the tools and framework to be able to overcome the barriers associated with mental health treatment.”
Through the use of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F)‘s private and secure online video platform, patients will now be able to book sessions with experienced mental health professionals and be seen from anywhere in the world. The Company will also be focusing on providing access to mental health to underserved and under privileged communities, which due to geography and the scarcity of mental health professionals, have previously been overlooked
Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 ( CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
Blackberry Stock Price Corrects 23% In A Month, A Value Buy?
There was a time when BlackBerry Limited (BB) used to be one of the leaders of the telecommunication industry by virtue of its smartphones. However, the company’s glory days are well in the past and the stock declined by more than 15% recently after it released its results for Q1 2019. The stock is now trading less than $8 but at the same time, it is important to note that the company has managed to deliver as far as its top-line figures are concerned.
Poor Earnings Lower Blackberry Stock Price
The software and services division is now the company’s most important division. It has emerged as the biggest revenue generator for the Canadian company. Overall sales for Blackberry rose 16% year over year in the latest reported quarter.
However, in the software and services, it was a far more pleasing picture. Its GAAP revenues rose 27% year over year. The company seems to be on the right track in terms of its plan to turn around. But the market doesn’t seem to take a fancy to it. The reasons behind this might have something to do with allegations made by certain parties.
They say that the company uses non-GAAP methods to report earnings. If there is any kind of accounting cloud over a company, growth may be far away.
Where Does This Leave Blackberry Stock Price?
However, Blackberry has been quick to defend itself against these allegations. Financial disclosures of the company are fully SEC compliant. It remains to be seen whether the SEC takes an interest in the matter.
This problem has been the biggest reason behind the underperformance of Blackberry stock price. That’s despite the company’s decent performance. The acquisition of machine learning company Cyclane is also a positive development. But it remains to be seen how it affects Blackberry’s future growth.
Uber Technologies (UBER) Stock Price Hits $45 Mark Again; Are Delivery Stocks Set To Fly?
Uber Technologies (UBER) stock price hit its IPO level of $45 again. Since its IPO, this becomes the fourth time that the company has hit its $45 mark. Each time it has been a real challenge for the company to rise above the IPO price.
Uber has made its name through its market dominance however it’s growth continues to be slow-paced and also has continuous losses, making Uber less attractive to many. However, the thing that Uber has done is bring more attention to the on-demand and delivery stock arena.
Special Delivery: Small-Cap Delivery Stocks Are Gaining Ground In Cannabis
Driven Deliveries Inc. (OTC: DRVD) is one of the only publicly traded cannabis delivery service operating in the United States. Now that’s what we call first-mover advantage. Driven Deliveries provides on-demand marijuana delivery in select cities where allowed by law. The service provides the legal cannabis consumer the ability to purchase and receive their marijuana in a fast and convenient manner.
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Consumers are growing increasingly lazy with most of all purchases from retail to food shopping being done online. And now you can add weed to that list. Driven Deliveries (OTC: DRVD) is quickly gaining steam in legal US markets as the new delivery option for customers is resulting in increased revenue and transactions for dispensaries.
Food delivery apps and services such as GrubHub and Uber Eats have already expanded revenue generated in the food-service industry by 22% or more. Consumers love getting what they want without having to leave their house to get it, plain and simple.
In Spite Of Being A Broken IPO, Still Worth An Investment
Cannabis is just one small niche expanding into the on-demand technology market. Uber has always managed to capture the headlines. This week it did that by launching itself in the sixth German city, Hamburg. The company further has plans to acquire Postmates which gives UberEats a heavy competition provided the price is right.
McDonald’s exclusivity with Uber also came to an end this year with the former getting into a contract with DoorDash. The company is set to report its financial results for Q2 on August 8. Uber had given accounts of its earlier performance through the prospectus issued during the IPO.
UBER stock price has been trading at $40 range since June. But, the figure is likely to change in the coming future for better. Uber has been able to disrupt various markets like those of food delivery, personal mobility, and freight logistics. In Q1 results, the company had reported 93 million monthly active platform consumers.
The revenue of the company has been on a slow rise especially on a net basis. The company sends a major portion of the money received to its drivers to keep them encouraged and active. This is a move that is not going away anytime soon. The deep deficits could also prove to be advantageous for the company.
Even though Uber looks like a broken IPO, it still leads in its industry. The concerns with the valuation persist still for good reasons. Uber continues to ride at a market cap which is five times the current year’s revenue. But, one would have to wait till 2025 to see a positive earning in the growing market.
Stock Price Friday Update – July 19, 2019
ROKU Stock Price Hits Another Life Time High: Good News For Tech Stocks?
In 2019 alone, ROKU stock has risen by as much as 271% as the company continued to add new customers and boosted revenues from advertising. However, could the latest surge be a signal for the next bull market in tech?
3 Biotech Stocks To Watch After Big News This Month
Here is a look at 3 biotechnology stocks that proved to be winners recently.
IPO News: Medallia Goes Public On Friday, July 19
Over 14 million shares of the company will be available to be traded at $16 to $18 per share on NYSE. And of course, investors will be watching MDAL stock price closely. Bank of America Merrill Lynch, Citigroup, and Wells Fargo Securities will oversee the IPO.
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