24/7 Kid Doc, Inc. (OTCMKTS:TVMD) Files An 8-K Other EventsItem 8.01 – Other Events
At December 31, 2016, we had assets of $93,117, which includes $40,036 in cash and $18,872 in telemedicine equipment. We had $50,000 in liabilities, which includes a related party loan of $12,500. We transferred the driving school’s prepaid program fees of $928,652, and recorded a net income of $461,605. We paid general and administrative expenses of $50,538, and we are currently trading at $0.007 per share with a market cap of $262,072.
We have made commitments to install our telemedicine products in eleven schools throughout North Carolina, and we will complete the installation of these products within the next six months. We are looking to expand our operations into Georgia. We intend to derive our revenues from billing private insurers and Medicaid for telemedicine consultations, rather than through product sales.
About 24/7 Kid Doc, Inc. (OTCMKTS:TVMD)
24/7 Kid Doc, Inc., formerly Dale Jarrett Racing Adventure, Inc., provides pediatric services. The Company provides these services through the Internet to people across the world. The Company creates a franchise that delivers pediatric services to children around the clock. The Company was engaged in providing services to racing school. 24/7 Kid Doc, Inc. (OTCMKTS:TVMD) Recent Trading Information
24/7 Kid Doc, Inc. (OTCMKTS:TVMD) closed its last trading session up +0.0110 at 0.0180 with 323,900 shares trading hands.