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echo: edge_online
to: All
from: Jeff Snyder
date: 2009-11-25 20:02:00
subject: VeriChip Changes Name To PositiveID

It seems that Satan is getting bolder by the year. I am not surprised by the
name change discussed in the press release below. After all, I don't doubt
that "VeriChip" has been given a very bad name by concerned
Christians, such
as myself. We've each done our part to let people know what VeriChip is
really all about. It is a precursor to the full-blown 666, or Mark of the
Beast system.

But this new name -- PositiveID -- sounds just as sinister to me; and just
changing the name of the company doesn't change the fact that when all is
said and done, the primary technology behind this company is STILL the
implantable RFID VeriChip.

When I read the name "PositiveID", as a Christian, the first thing that
enters my mind is "Oh yes...Once the use of the VeriChip becomes more
widespread, the power elite will definitely have a positive ID of every
single person in the world -- at least those who decide to join their
devilish system and get tagged with a VeriChip.

Most people in the world -- at least in the developed, industrialized world
-- are already identified by a number, such as a Social Security number, or
a National ID Card number, or by some other related system. However, once
the VeriChip is embedded under a person's skin, there is no escaping
government scrutiny. It will definitely be a positive ID. They will have
your number...and so will Satan!

If VeriChip Corporation thinks that changing the name of their company is
going to improve their public image, they are even greater fools than they
think that we the public are.

So stay away from this devilish technology, no matter what they tell you,
and no matter how they try to sell the idea to you.

Whoever receives the Mark of the Beast will be cast into the Lake of Fire.
Don't forget it.


VeriChip announces the completion of Steel Vault acquisition

Source: news-medical.net

November 11, 2009


VeriChip Corporation (NASDAQ:CHIP) ("VeriChip"), a provider of radio
frequency identification (RFID) systems for healthcare and patient-related
needs, and Steel Vault Corporation (OTCBB:SVUL) ("Steel Vault"), a premier
provider of identity security products and services, announced today that
VeriChip has completed its acquisition of Steel Vault to provide unique
health and security identification tools to protect consumers and
businesses. In conjunction with the merger, VeriChip has changed its name to
PositiveID ("PositiveID" or the "Company").

PositiveID represents the convergence of a pioneer in personal health
records and the first and only FDA-cleared implantable microchip for patient
identification, VeriChip, with a leader in the identity security space,
Steel Vault, focused on access and security of consumers' critical data.

PositiveID will initially operate primarily in two areas: HealthID and ID
Security. HealthID will focus on bringing innovative health solutions to
consumers and businesses based on the Company's intellectual property,
specifically a rapid virus detection system for the H1N1 virus and other
forms of pandemic viruses, and an in vivo glucose-sensing RFID microchip,
both of which are currently under development with partner RECEPTORS LLC.
The Company will also offer its Health Link personal health record to help
consumers manage their health records online. Through its ID Security
segment, the Company will offer identity theft protection and related
services including credit monitoring and reporting through its
NationalCreditReport.com website.

Under terms of the agreement and plan of reorganization, Steel Vault
stockholders will receive 0.5 shares of VeriChip common stock for every
share of Steel Vault common stock held. The outstanding stock options and
warrants of Steel Vault will also be converted at the same ratio. No
fractional shares of VeriChip common stock will be issued in connection with
the proposed merger. Instead, VeriChip will make a cash payment to each
Steel Vault stockholder who would otherwise receive a fractional share. This
merger is a stock-for-stock transaction, and is expected to be a tax free
exchange.

Commenting on the transaction, Scott R. Silverman, Chairman and CEO of
PositiveID, stated, "In joining these two companies, we believe we are
better positioned to accelerate the development of our exciting diagnostic
and sensor applications such as glucose-sensing, as well as our rapid virus
detection system for the H1N1 virus and other pandemic viruses. By moving
beyond the original patient identification application of our implantable
RFID microchip technology, we believe that we will be able to get high-value
products to market faster with a more efficient use of capital."

Silverman continued, "From a financial standpoint, we believe the merger has
made us stronger by eliminating the duplicative costs of running two public
companies. Furthermore, we are fully-funded to develop the glucose-sensing
microchip and the rapid virus detection system and have no debt."



Jeff Snyder, SysOp - Armageddon BBS  Visit us at endtimeprophecy.org port 23
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