after yesterdays agm statement the share price has risen 50% how much upside is left or is this another false dawn?
http://www.alexa.com/data/details/traffic_details/thewellnessshop.co.uk
womans hour link below.
http://www.bbc.co.uk/radio4/womanshour/04/2008_08_mon.shtml

RNS Number : 7157A

Ultrasis PLC

04 April 2012

Ultrasis plc

("Ultrasis" or the "Company")

Interim Results for the six months ended 31 January 2012

Ultrasis, the provider of interactive health care services, announces its unaudited financial results for the six months ended 31 January 2012 (the "Interim Results"):

-- Revenue of GBP513,000 (2011: GBP1,437,000) is significantly lower than the prior period due mainly to the sustained pause in spending in our core NHS market whilst the government's Health reforms are being implemented.

-- Loss before tax of GBP771,000 (2011: profit before tax of GBP191,000), reflecting the fall in revenues.

-- Administrative expenses of GBP1,289,000 (2011: GBP1,227,000): The Company is currently reducing its cost base to better match conservative revenue forecasts for the full year. Accordingly, the Company entered into a consultation period on staff redundancies consequent on restructuring, with some action already implemented.

-- Cash reserves of GBP1,421,000 (2011: GBP2,123,000) have reduced because of the continued hiatus in UK sales revenue in the NHS.

-- Positively, we continue pursuit of our strategy to diversify into new markets at home and abroad with both "GetFit Wellness" solutions and "Beating the Blues" ("BtB"), in an effort to reduce the Company's reliance on the domestic NHS market.

After this RNS I reckon most holders will be requiring BTB treatment

directors 10 shareholders 0

Wish they stop sending out junk mail

Total pile of shite imo , always has been always will be.

Last legs and going bust I reckon .... bwtf do I know ????

why on earth any of you muppets are still in this stock is totally incomprehensible .... i dare say many of you hold RRR too

The correlation between the 2 being?

you have to be a total muppet to hold either

Ah! As I thought.

Chinese Hospital Partnership.

Ultrasis, the leading provider of cognitive behavioral therapy for stress and mild to moderate depression, is pleased to announce that it has entered into a research partnership with the Mental Health Services Department of West China Hospital, West China School of Medicine Sichuan University, Chengdu, Sichuan Province.

The partnership is aimed at establishing the benefits of using Beating the Blues ("BtB") to alleviate mild and moderate depression and anxiety within the Chinese population and identifying any cultural adaptation required to develop a Chinese-specific version of the program for the Chinese market.

Ultrasis has secured the services of Jia Ji, a Pittsburgh USA based social entrepreneur, as China Project Liaison Director. He will support the Board of Ultrasis, seeing the project through to fruition and developing a follow-on business and marketing plan for the country.

West China Hospital is the largest hospital in China, has in excess of 4,000 beds and delivers over 2.5 million out-patient appointments per year. A leader in diverse disciplines research, the hospital's research department has secured over Renminbi (RNB) 5.000 million (£490 million) over the past 5 years, to fund scientific and research programs.

China has a population of nearly 1.35 billion people and accounts for almost 20 per cent. of the world's population. The Chinese Government is positively addressing, at national and provincial levels, the need to provide psychological therapy services to their population, Cognitive Behavioral Therapy ("CBT") being already a well-established form of treatment in the country's mental health services. The World Health Organisation estimates that mental illness will increase in prominence, to account for 17.4 per cent. of all illness in China, by 2020.

Ultrasis announce new customer for US Joint Venture

Ultrasis, the leading provider of cognitive behavioral therapy for stress and mild to moderate depression, is pleased to announce that its US joint venture, U² Interactive has secured a two year contract with COMCARE of Sedgwick County Kansas ("COMCARE").

COMCARE helps people with mental health and substance abuse needs to improve the quality of their lives. COMCARE provides a wide array of mental health and substance abuse services to residents of Sedgwick County and will make Beating the Blues US available across its entire service offering. COMCARE is the largest of the 27 Community Mental Health Centers in the State of Kansas and is committed to helping individuals served lead more productive lives.

+4% on no activity!!!

New Contract Win

Ultrasis, the leading provider of cognitive behavioral therapy for stress and mild to moderate depression, is pleased to announce that its US joint venture, U² Interactive has secured a three year contract with South Carolina based Companion Benefit Alternatives ("CBA").

CBA have over 1.2 million members and is South Carolina's largest provider of behavioral health and substance misuse services. Its customers include:

· BlueChoice HealthPlan

· BlueCross BlueShield of South Carolina and its national Blue partners

· Federal Employee Program

· Planned Administrators, Inc.

Nigel Brabbins, CEO of Ultrasis said "This is a significant breakthrough for U² Interactive. Securing this 3 year contract with CBA, a behavioural health provider to BlueCross BlueShield of South Carolina, should attract great interest from many other health insurers and healthcare providers."

He added "The wider Blue Cross Blue Shield Association is a federation of 38 separate health insurance organisations and companies in the United States. Combined, they provide, directly or indirectly, health insurance to over 99 million Americans and are an obvious target for U² and Beating the Blues US. I believe that this will be the first of many such contracts."

Further Research Success

Ultrasis, the leading provider of cognitive behavioural therapy for stress and mild to moderate depression and anxiety delivered by computer, is pleased to announce that Paula R. Sherwood, RN, PhD, CNRN, FAAN and Heidi S. Donovan, RN, PhD, along with their research team from the University of Pittsburgh School of Nursing have been awarded a National Institutes of Health research grant of C.$3,000,000.

Final results



· Revenues of £1,069,000, a decrease from £2,839,000 in 2011 caused by the continued difficult trading conditions in the UK market.

· Total operating costs decreased by 11 per cent. to £2,471,000 from £2,769,000 in 2011, attributable to cost reduction measures taken during the year.

· Loss before tax of £1,413,000 (2011: profit before tax of £26,000), reflecting the fall in revenues to the extent that this was not offset by cost savings.

· Cash reserves of £1,284,000 (2011: £2,368,000).

· Launch of Beating the Blues ("BtB") to the US market where we secured some early contract wins and are developing a strong revenue base for the future in this market.

· Commenced research trial with West China Hospital (the largest hospital in the country) which provides over two million outpatient appointments per year.

Was going to ask if this was ever going to go anywhere but above pot has answered the question. Thanks Skinny, will just wait for the fat lady to sing now!

Fat Lady will probably sing Abide with Me as the company sinks beneath the waves :-)

Next RNS will announce that "Beating the Blues" is to prescribed free of charge to all shareholders!

Shame - I've held these in one shape or form since the 1990's - never quite got it together!

Agreed Skinny, Thought things would get better now, what with the economy and more people wanting to jump off cliffs probably cheaper for NHS just to let them!