SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (230)8/29/1999 5:23:00 PM
From: R Lam  Read Replies (1) of 1931
 
CDEN certainly looks interesting based on the financials. I finally got a chance to look at the 10K and that raises some questions in my mind which I wonder if you might have considered. The thing that has me worried is the relationship of Coast Dental with Coast PA, a company owned by the CEO of Coast Dental. It appears that Coast PA pays Coast Dental a percentage of revenues to manage and pay for the dental centers. In addition, each time a center is internally developed, Coast Dental pays Coast PA a $50,000 inducement fee.

Now all of this may be totally above board and make good financial sense but I have a suspicious mind and wonder how much of this is a way for Adam Diasti to have the public share the expenses of expansion while retaining the gravy for himself.

Would appreciate any enlightenment from those that understand the relationship (which I admittedly do not)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext