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Biotech / Medical : MB Software Corp. (MBSC) Buying Clinics & Making Money

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To: Soccrates who wrote (5)1/24/2000 11:54:00 PM
From: Katie Kommando  Read Replies (1) of 13
 
MBSC . . . some DD:

Here is the link to the most recent 10Q:

sec.gov

Excerpt from the 10Q

Gross profits from medical activities increased 66.8% . . . for the three months ended September 30, 1999

Most recent Press Release

biz.yahoo.com

Summary of Press Release

The Company sold its software business for $1.5 million and is now focusing on its medical business. It will change its name soon. The Company wants to acquire the "right targets."

Telephone Conversation with the Company

According to the company, the CEO, Scott A. Haire, was in NYC last week negotiating the funding for acquisitions. The company will put out a PR when the negotiations are finalized.
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