CMMI to create an on-line psychiatric service via the internet. News should be out shortly regarding this and other acquisitions and growth initiatives.
CMMI (OTC-BB, $4 ¼) has put together a remarkable business plan for future growth. Only 300,000 shares in float.
CMMI (Consolidated Medical Management, Inc.) is envisioned as a Medical Conglomerate concentrating in markets characterized as relatively free of regulation and operating in price elastic market environments. The company plans to build a large, diversified, and vertically integrated enterprise offering high growth and profitability, competitive returns to investors, and consistency in its quality of earnings.
Generally speaking, 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.
Key Growth Initiatives:
Mental Health:
(1) Promote the concept of proactive psychiatric care. Principal target will be industrial clinics which service corporations that require pre-employment health screenings and annual health exams. They are proposing to offer psychological profiling and psychiatric consultation as an add-on feature to the existing physical exams offered by the clinics.
(2) Establishment on an on-line, 24-hour psychiatric service via the internet, which will allow voice and eventually visual communication via the internet between potential patients worldwide and their contract psychiatrists. It is anticipated that this service will be offered via the internet on a per-minute usage basis (vs. per hour for practicing psychiatrists). It is anticipated that offering psychiatric services via this medium will be favorable due to its anonymous nature and therefore lack of normal negative stigma, with the costs to the potential patient deemed within their control and price range (i.e. $5 per minute vs. $150 per hour).
Diagnostic Services:
(1) Establish IDS as one of the experts in training general practitioners in reading ultrasound and other diagnostic scans, either thru co-sponsoring existing training sessions, or starting their own.
(2) Acquire other existing mobile and fixed diagnostic enterprises in an effort to gain critical mass and foster some efficiencies of scale given a much larger operation under centralized management.
New Business Units:
Entry into unregulated fee-for-services marketplace, including cosmetic and plastic surgery, wellness, and the refractive surgery markets (market is $10 billion per year and growing over 20% per year).
Technology Division. The company will endeavor to acquire companies and/or technologies endemic to its mission. It is their interest to attain products and/or technology related to all areas outlined above.
To support the growth initiatives, the company is assembling a top-notch management team of professional and non-professional talent necessary to carryout out the designs and plans of senior management.
To finance the above endeavors, the company is planning two private placements of equity, one domestic and one foreign.
Disclosure:
I am anticipating the receipt of 2000 free trading shares from an outside consultant of the company to assist with the dissemination of this information.
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