INSCOR, Inc. (IOGA)
INSCOR, Inc.’s New CEO Spawning Big Incomes in Innovative Ways
It has been just over a month since INSCOR, Inc. (IOGA) appointed Kenny Andam as their new Chief Executive Officer (CEO), but what a month it has been. In that short period, the new CEO landed the company squarely in the center of negotiations with an entity in his homeland of Ghana and walked away with a very rewarding insurance deal. INSCOR and the National Mass Social Welfare Scheme in Ghana (MSWS) ham-mered out a deal that has INSCOR insuring misplaced or stolen welfare cards that will be supplied to MSWS’s members.
For INSCOR, this sym_bolizes nearly $3 mil_lion in gross monthly income starting after Thanksgiving, and finally expanding to $18 mil_lion in projected gross monthly income within three years of the launch of the cards. So, some quick math should make any investor giddy at the company’s present price tag, as you grasp that this contract means $36 mil_lion per year in gross revenues as coverage on the cards commences beginning this November.
That gross income swi_ftly increases to over $200 mil_lion annually by the third year when MSWS ramps up coverage to all 18 mil_lion of its participants in Ghana. And, the good news doesn’t stop there! The organization can persist to capitalize with MSWS’s growth, which is predicted to hit 650 mil_lion subscribers to its programs all over Africa by 2030.
