SOURCE: Goldman Small Cap Research, Inc.

September 04, 2013 08:58 ET

INSCOR Set To Shine In the Fourth Quarter

BALTIMORE, MD--(Marketwired - Sep 4, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and micro-cap sectors, notes in a just released article that the two most high profile lines of business for INSCOR, Inc. (OTC Pink: IOGA) could strike gold for the Company in the next 3-4 months.

The evolution of emerging firms' business models occurs at different paces and stages, depending upon the industry, a given company's objectives, and management experience. Moreover, when a Firm has multiple lines of business, each line reaches an inflection point at a different time during the growth of the company.

Based on previous guidance, INSCOR is set to begin receiving revenue from the MSWS program being operated by Republic of Ghana's Millennium Development Authority in 4Q13. Once the 3 million electronic stored value cards are issued to the 3 million MSWS participants, INSCOR will receive a monthly fee of $1.00 per card by the end of November 2013, which will continue for 12 months, and will increase substantially from there. In 4Q13, the Company will be able to use operating profits generated from the deal to expand its existing operations and focus in on the FIT (Financed Insurance Trust) program targeting financially troubled municipalities throughout the U.S.

In fact, given that INSCOR has been in discussions with a number of municipalities for some time, and on the heels of the current financial crisis affecting this country's cities, we believe that the Company may be able to identify its first FIT customer in 4Q13, with a contract to be effective sometime in 2014. The Company's near term hit list is likely nearly two dozen and it is likely that others will fall in line once the first municipality signs on. Much like the Ghana initiative, the FIT program should provide INSCOR with rising revenue from insurance premiums and other fees, as the program increases in value to both INSCOR and the client based on the employee or member participation rates.

As the Company closes the large-scale deals and books revenue, INSCOR's valuation will be raised and it is likely that other contracts could follow shortly thereafter, making 1Q13 perhaps an even greater performing quarter than the first major revenue-driven period, 4Q13.

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About INSCOR, Inc. (OTC Pink: IOGA): INSCOR, Inc. specializes in educating and marketing the FIT OPEB plan to municipalities and corporations as a low-cost solution to funding retiree and other employee benefits. A FIT plan variation also works for affluent individuals, entertainers and professional athletes -- whether for estate planning or funding cash flow needs. INSCOR's "FIT" (Financed Insurance Trust) strategy uses a combination of favorable financing terms, innovative uses of specific life insurance products and trusts -- all of which result in minimum levels of out-of-pocket costs for producing significant future funding and revenue stream opportunities. For more information visit:

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