UMCI.04,Alert:Merrill Lynch & Co.Inc.?6,887,200 million shares in UMCI?Or 23.57%?Fresh filing below.And DD after this little profitable company.
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch & Co., Inc.
(on behalf of Merrill Lynch Investment Managers (MLIM"))**
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,887,200 (ownership disclaimed pursuant to Section 13d-4 of the 1934 Act)
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
23.57%
6. SHARED VOTING POWER
6,887,200
UMCI -- United Medicorp, Inc.
Com (1 Cent)
SCHEDULE 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.: )*
UNITED MEDICORP INC COM NEW
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
910852201
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(CUSIP NUMBER)
December 31, 2003
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(Date of Event Which Requires Filing of this Statement)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 910852201 13G
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch & Co., Inc.
(on behalf of Merrill Lynch Investment Managers (MLIM"))**
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
NONE
6. SHARED VOTING POWER
6,887,200
7. SOLE DISPOSITIVE POWER
NONE
8. SHARED DISPOSITIVE POWER
6,887,200
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,887,200 (ownership disclaimed pursuant to Section 13d-4 of the 1934 Act)
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
23.57%
12. TYPE OF REPORTING PERSON*
HC, CO
*SEE INSTRUCTION BEFORE FILING OUT!
**SEE EXHIBIT A
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14. CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED:
[X] Rule 13d-1 (b)
[ ] Rule 13d-1 (c)
[ ] Rule 13d-1 (d)
SCHEDULE 13G
ITEM 1 (a) Name of Issuer:
UNITED MEDICORP INC COM NEW (the "Company")
ITEM 1 (b) Address of Issuer's Principal Executive Offices:
200 N. Cuyler Street
Pampa, TX 79065
United States
ITEM 2 (a) Name of Persons Filing:
Merrill Lynch & Co., Inc.
(On behalf of Merrill Lynch Investment Managers ("MLIM")
ITEM 2 (b) Address of Principal Business Office or, if none, Residence:
Merrill Lynch & Co., Inc.
(on behalf of Merrill Lynch Investment Managers ("MLIM"))
World Financial Center, North Tower
250 Vesey Street
New York, NY 10381
ITEM 2 (c) Citizenship:
See Item 4 of Cover Pages
ITEM 2 (d) Title of Class Securities:
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Common Stock
ITEM 2 (e) CUSIP NUMBER:
See Cover Page
ITEM 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or 13d-2(c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a) (6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a) (19) of the Act,
(d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940,
(e) [X] Investment Adviser in accordance with Rule 13d-1(b) (1) (ii) (E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b) (ii) (F),
(g) [X] Parent Holding Company or Control Person in accordance with Rule 13d-1(b) (ii) (G); see Item 7,
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813),
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c) (14) of the Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b) (1) (ii) (J).
ITEM 4 Ownership
(a) Amount Beneficially Owned:
See Item 9 of Cover Pages.
(b) Percent of Class:
See Item 11 of Cover Pages
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See Item 5 of Cover pages
(ii) shared power to vote or to direct the vote:
See Item 6 of Cover pages
(iii) sole power to dispose or to direct the disposition of:
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See Item 7 of Cover pages
(iv) shared power to dispose or to direct the disposition of:
See Item 8 of Cover pages
ITEM 5 Ownership of Five Percent or Less of a Class.
If this statment is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
ITEM 6 Ownership of More than Five Percent on Behalf of Another Person.
Merrill Lynch & Co., Inc. ("ML&Co.") is a parent holding company. Merrill Lynch Investment Managers ("MLIM") is an operating division of ML&Co.'s indirectly owned asset management subsidiaries. Certain of these subsidiaries hold certain shares of the security which is the subject of this report. (See Item 7).
ITEM 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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Merrill Lynch & Co., Inc. ("ML&Co.") is a parent holding company. Merrill Lynch Investment Managers ("MLIM") is an operating division of ML&Co. consisting of ML&Co.'s indirectly-owned asset management subsidiaries. The following asset management subsidiaries hold certain shares of the common stock, which is the subject of this 13G filing:
FUND ASSET MANAGEMENT, L.P.
MERRILL LYNCH INVESTMENT MANAGERS LIMITED
ITEM 8 Identification and Classification of Members of the Group.
Not Applicable
ITEM 9 Notice of Dissolution of Group.
Not Applicable
ITEM 10 Certification
By signing below each of the undersigned certifies that, to the best
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Of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: January 09, 2004
Merrill Lynch & Co, Inc.
(on behalf of Merrill Lynch Investment Managers ("MLIM"))
/s/ Thomas D. Jones, III
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Name: Thomas D. Jones, III
Title: Attorney-In-Fact*
1)Revenues up,
2)income up, .0039 for 3 months, and .0081 for 9 months x 10 P/E price of .08 should be IMO.At 20 times earnings then we look for .16 price.
3)Small floater also.
4)12 profitable Qs in a raw.
5)Sh.Equity up
6)Book value now .017.
How many profitable BB companies are out there selling so low?
Total stockholders' equity ........................................ 499,375 262,371
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Total liabilities and stockholders' equity ........................ $ 1,510,886 $ 893,995
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The accompanying notes are an integral part of these condensed consolidated financial statements
1
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UNITED MEDICORP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended Nine Months Ended
September 30, September 30,
--------------------------- ---------------------------
2003 2002 2003 2002
------------ ------------ ------------ ------------
Revenues:
Billing, collection, and coding services $ 1,003,387 $ 870,751 $ 2,726,404 $ 2,471,169
Other revenues ......................... 43,650 53,692 74,275 90,733
------------ ------------ ------------ ------------
Total revenues ...................... 1,047,037 924,443 2,800,679 2,561,902
Expenses:
Wages and benefits ..................... 679,644 599,596 1,877,827 1,681,550
Selling, general and administrative .... 187,724 172,250 513,524 494,633
Depreciation and amortization .......... 29,506 16,476 71,132 61,828
Office, vehicle and equipment rental ... 4,087 5,814 14,417 15,891
Professional fees ...................... 27,906 15,654 73,270 42,962
Interest, net .......................... 5,576 7,252 13,556 15,314
Loss on disposal of assets ............. -- -- -- 1,716
Provision for doubtful accounts ........ -- (1,980) -- 343
------------ ------------ ------------ ------------
Total expenses ......................... 934,443 815,062 2,563,726 2,314,237
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Net income ................................... $ 112,594 $ 109,381 $ 236,953 $ 247,665
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Basic earnings per common share:
Net income ............................. $ 0.0039 $ 0.0037 $ 0.0081 $ 0.0085
============ ============ ============ ============
Weighted average shares outstanding .......... 29,213,550 29,210,217 29,211,884 29,210,217
Diluted earnings per common share:
Net income ............................. $ 0.0036 $ 0.0035 $ 0.0076 $ 0.0080
============ ============ ============ ============
Weighted average shares outstanding .......... 31,203,752 30,998,983 31,307,531 31,038,673 |
