- Why I think MDPA - Metrolopolitan Health Networks, Inc, may be a great turnaround, prices: mdpa: $1.75; mdpaw: $.10 (symbols on yahoo are mdpae.ob & mdpje.ob)
- Company is projecting revenues of $200 mill for the year; versus only $5 mill for the latest 10Q ending 9/30/99
- MDPA is way late on 10Q/10K filings; but is quickly catching up
- due to several mishaps with a shady underwriter & dumb business acquisitions; the stock went to under $1 & almost bankrupt
- New mngmt; New investors; for instance, on 5/23/00, 13G filed by Guillama Family Holdings Inc. and Beacon Consulting Group Inc for 9.9%
- New contracts with HMO's & such being signed which indicates someone has confidence in them
- various internet initiatives to process medical claims electronically
- runnning a $1 mill/qtr loss which could be turned around to a profit if revs contine rising; 18 mill shs o/s; negative equity |