INSCOR, Inc. CEO Heads Home to Create Opportunities for His Nation and His Company
26 July 2013 - 10:30PM
Marketwired
In the summer of 2000, INSCOR, Inc.'s (PINKSHEETS: IOGA) new CEO,
Kenny Andam, was sprinting in the Sydney Summer Olympics for his
homeland, the Republic of Ghana. Thirteen years later in the summer
of 2013, he's still moving quickly to create opportunities for
INSCOR, and he's still passionate about helping his fellow
countrymen.
This week INSCOR announced it has entered into negotiations with
the Republic of Ghana's National Mass Social Welfare Scheme (MSWS)
to insure the replacement of lost or stolen welfare cards issued to
its members. MSWS represents a social welfare initiative aimed at
alleviating poverty by offering financial help to the poor and
vulnerable.
Stock Market Media Group, a full service investor relations firm
focused on research, market awareness and content development,
looked into MSWS and found this could, in fact, be a great
opportunity for INSCOR.
When we read that Kenny Andam was meeting with MSWS in an effort
to position the company as the sole provider of insurance that
would replace any member-issued welfare cards that are lost or
stolen, two things caught our attention. The first is that MSWS
will issue a card to each of its 18 million current members along
with future members, as part of its objective to provide for its
members' needs. Eighteen million cards is a large number of cards
to insure, and if INSCOR can seal the deal, it should be
interesting to see the details.
Another thing piquing our interest was reading the word "scheme"
in the organization's name, so we did some digging to assuage that
concern, and the good news is MSWS is a legitimate organization
formed in a round-about way as part an effort by the U.S. Congress
and the United Nations to reduce poverty worldwide. We found that
in Africa the word "scheme" is used much like the word "plan" in
the U.S., so insurance or healthcare scheme is comparable to our
insurance or healthcare plan.
About Stock Market Media Group
Stock Market Media Group is a full service Investment Relations
firm specializing in Research and Content Development. It offers a
platform for CEOs to tell their story through the media with
Research Reports, CEO Interviews and Feature Articles while
building a library of Research for Investors. For more information:
www.stockmarketmediagroup.com
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