Spine Injury Solutions Announces Results for the Fiscal First Quarter Ended March 31, 2019

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HOUSTON, May 15, 2019 (GLOBE NEWSWIRE) -- Spine Injury Solutions, Inc. (OTCQB:SPIN) today announced financial results for its Fiscal 2019 first quarter ended March 31, 2019.

Financial Highlights

Dr. William Donovan, Chairman and Chief Executive Officer, commented, "The decrease in revenues over the last two reported quarter has forced us to make some decisions that we believe are in the best interest of shareholders and the company moving forward. At this time we have discontinued the quarterly conference call. Moreover, we are working with a number of financial institutions and banking professionals to explore options, including but not limited to alternative financings, mergers & acquisitions, and new market opportunities.”

Dr. Donovan concluded, "We filed our first quarter results on form 10Q with the Securities and Exchange Commission today. We are giving serious consideration to all the options that are currently being presented to us, and we will review all the proposals that we expect to be presented to us in the future.”

We are a medical services and technology company facilitating diagnostic services for patients who have sustained spine injuries resulting from traumatic accidents. We deliver turnkey solutions to spine surgeons, orthopedic surgeons and other healthcare providers that provide necessary and appropriate treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents. Our technology and funding services help reduce the financial burden on healthcare providers that provide patients with early-stage diagnostic testing and non-invasive surgical care, preventing many patients from being unnecessarily delayed or inhibited from obtaining needed treatment. We believe that our services and technology brings strong transparency and impartiality to all parties involved in the settlement of patient cases.

Additional information about the company, along with a video replay of most recent Investor Conference Call can be found at its website at .

A wholly owned subsidiary of Spine Injury Solutions, Inc. Quad Video HALO, Inc. brings surgeons and interventional pain doctors the technology to provide Transparency of their surgical procedures. The Quad Video Technology V3.0 and HALO Rx creates a digital turnkey video and audio documentation solutions that integrates multiple views from other OR/treatment imagining sources with several other viewpoints just outside the sterile field.

Additional information about QVH, can be found at its website at 

More news and information about Spine Injury solutions, Inc.

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Globe Newswire: 21:05 GMT Wednesday 15th May 2019

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