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Biotech / Medical : MCAR -- Ignore unavailable to you. Want to Upgrade?


To: Z man who wrote (280)4/24/1998 2:30:00 PM
From: Walter Monroe  Read Replies (1) | Respond to of 467
 
I have called the company. This site represents further DD. I have been investing for many years.companys do not always tell you the truth. I am not trying to create fear quite the opposite. I also post on other sites and forums I have never seen this type of response to friendly questions. I disagree,companys work for themselves the stockholders are a tool we only hear what we are legally entitled to at minimum or what a company wants us to hear.

The projections you asked for

1996 sales $338,000 actual $0

1997 sales $3,324,000 actual $91,802
the 1997 sales assumed 11 clinics open ave revenue per clinic $322k

1998 sales $13,809,000 actual ?
the 1998 sales assumed 19 clinics open ave revenue per clinic $725k

Medcare is 2.5% of projections to date.

Can you now see why i am asking questions. this info was sent to me by hartford capital whose president is Mdcares CEO.

Also the company spent2.5x its projected admin costs. my broker alerted me that the company was doing far too much stock promotion for its size thats what started this whole episode with me.

I also disagree that because I am asking questions i should sell my stock or I am some key west guy whatever that means.

I have 8 emails in support so far do you want to discuss the issues here or on a new thread entitled "What doesMedcare have to Hide and Why are their Emplyoyees taking over the Debate"

Dont get me going gang so far I am on medcares side but not for long if this keeps up.