CMMI (Consolidated Medical Management, Inc.) has putting together a remarkable business plan for future growth. CMMI is building a large, diversified, and vertically integrated enterprise offering high growth and profitability, competitive returns to investors, and consistency in its quality of earnings.
It will be their aim to grow both through internal growth and via acquisition. It is their plan to expand CMMI's two existing business units (Psychiatric Medical Services, Inc.- mental health services, and Independent Diagnostic Services Inc. - mobile ultrasound and MRI
diagnostic services) through a combination of innovative marketing and sales techniques and strategic acquisitions. They also plan on expanding their reach into the unregulated fee-for-services marketplace (target niches have a combined market is $10 billion per year and growing over 20% per year), and plan to acquire companies and/or technologies related to the above areas.
To support the growth initiatives, the company is assembling a top-notch management team, including:
- CEO/COO Lamar Laster (former Chairman/CEO of Staar Surgical, which he took to $80)
- Joe S. Wakil, MD, one of the innovators of computerized corneal topography imaging technology and was the former Chairman and founder of EyeSys Technologies, Inc. a manufacturer of advanced technology- imaging systems. Dr. Wakil is a
- Steven Dell, MD, a prominent Ophthalmologist and Refractive
Surgeon (and brother of Michael Dell)
- Vladimir Feingold, President of Staar Surgical, Ag, Switzerland, and Executive VP of Staar Surgical
The first of several major acquisitions is expected very shortly.
CMMI is fully reporting and profitable.
Transfer Agent is Idaho Stock Transfer Co.
Shares Outstanding: 6,046,843, Float about 300,000.
Insider Holdings: Approx 2,300,000
Revenues (a)ctual/(e)stimated:
1998(a) - $921,502
1999(e) - $2,000,000
2000(e) - $10,000,000
2001(e) - $25,000,000
Disclosure: I have received 2000 shares of free-trading stock from an outside consultant of the company to assist with the dissemination of information. I may from time to time buy and sell the above mentioned security in the open market. |
