NQCI National Quality Care Inc. Message Board

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Microcap & Penny Stocks : NQCI National Quality Care Inc.

NQCI 0.00

Apr 18 5:00 PM EST

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To: rainwater who wrote (173)	5/8/1998 11:20:00 AM
From: Aishwarya	Read Replies (1) of 254

DE, I guess i should have backed my statement with the Business plan in the 10-K. Here is the excerpt. BUSINESS PLAN The Company's current business plan includes a strategy to expand as a provider of dialysis services through the development of new dialysis facilities and the acquisition of additional dialysis facilities and other strategically related health care services in selected markets. The Company's acquisition strategy relates to the Company's intention to purchase existing dialysis facilities and other related health care services which will create synergies with the Company's dialysis services business. The Company also intends to develop and construct additional dialysis facilities. The Company is currently in the process of constructing an additional facility in Los Angeles, California with sixteen (16) dialysis stations. The Company anticipates that this new facility will be operational in or about June, 1998. However, there can be no assurances to this effect. The market for such acquisition prospects is highly competitive and management expects that certain potential acquirors will have significantly greater capital than the Company. In addition, financing for such acquisitions or development may not be available to the Company on commercially reasonable terms. In the event the Company cannot obtain the additional financing needed to fulfill its acquisition and development strategy, the Company may be unable to achieve its proposed expansion strategy. In the event the company fails to make it through the future aquisitions it will be bad for us and we may have to wait more till the company enhances revenue streams from the existing units. But when i buy a stock it is ways with a lot of optimism or i stay away from it. I feel the management is good and if this acquisitions does not go through many more private ones will be potential suitors. There are a lot dialysis units that can be acquired but it takes time and cash flow. Also a lot good DD has to be done. It may take time but it will happen as this is the primary business strategy. Relax and accumulate at this price. regards, Sri.

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