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Microcap & Penny Stocks : Iatros Health Network Inc -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hofmann who wrote (495)	12/23/1997 4:36:00 PM
From: Tom Hofmann	Respond to of 560

JERSEY CITY, N.J., July 16 /PRNewswire/ -- M.H. Meyerson & Co., Inc. listed (Nasdaq: MHMY) announced that it is initiating coverage of NewCare, Inc. (Nasdaq: NWCA). "We believe the Company could emerge as a leading consolidator of long-term care facilities in the Southeast. In addition, the Company has assembled a strong management team with tremendous depth." Coverage of NewCare, Inc. is being provided by Andrew H. Scott, Senior Research Analyst, of M.H. Meyerson & Co., Inc., 525 Washington Blvd., Newport Also Tower, Jersey City, New Jersey, 07310. SOURCE M.H. Meyerson & Co. -0- 07/16/97 /CONTACT: Andrew H. Scott, Senior Research Analyst of M.H. Meyerson & Co., 201-459-9440 or 800-422-4114 or website: www.mhmeyerson.com/ (MHMY NWCA Also, on 9/5 to 9/26 of this year, a company director purchased 20,500 shares for $94,070, an average price of $4.59. There's a story here... let's find it!

To: Tom Hofmann who wrote (495)	12/26/1997 11:12:00 AM
From: Ontherise	Read Replies (3) \| Respond to of 560

Tom, I am getting a little concerned the more I look into the situation. I talked to the CFO at Newcare, and found out that the new management is from Retirement Care Assoc(RCA-NYSE). When I started checking them out, I find out that they have had BIG losses the last two years, lawsuits for false statements, and a statement from the auditing firm that the SEC forms for 96 and 97 are in error. Check out this info at biz.yahoo.com on RCA. This, at first glance doesn't look all that great to me. Also, I am still wondering why we haven't heard ANYTHING from IHNI, and why the IHNI stock has not moved at all after this news? What the hell is going on that we aren't finding out about? I am going to try and make some calls today to try and find out. If you find anything, keep me posted. Kevin