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Biotech / Medical : AHTC Corp (AHTC)-formerly Advanced Health (ADVH)
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To: Zebra 365 who wrote (349)1/15/1999 6:55:00 PM
From: Don Earl  Read Replies (1) of 371
 
Hi Zebra,

Well...it is sort of strange that they loaned out $2.4 million and provided services for two years before they noticed they hadn't received any payments. Funny way to run a business. Still, worst case is they take about a .50 cent hit to book value, which at current valuations isn't exactly the end of the world.

Sure are a lot of law suits for such a little company, considering they have only been public for a few years. Still, anyone that can type freeedgar and click enter already knows about the suits. I suspect the name and ticker change is an attempt to sweep a bit of dirt under the rug. If they can start growing revenue, the law suits won't make much difference in a few quarters. Be interesting to see if the new accounts announced in December add much to the bottom line.

Regards,

Don
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