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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (7557)	7/14/1998 5:56:00 PM
From: Robert Gomez	Respond to of 8798

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To: TokyoMex who wrote (7557)	7/14/1998 6:53:00 PM
From: MoneyMade	Respond to of 8798

TWHH this is fact.... Transworld Healthcare Agrees to Sell its Nursing Subsidiary to Pediatric Services of America Inc. NEW YORK--(BW HealthWire)--June 8, 1998--Transworld Healthcare Inc. (Nasdaq: TWHH - news) Monday announced that it has signed an agreement to sell substantially all of the assets of its nursing subsidiary, Transworld Home Healthcare - Nursing Division Inc., to Pediatric Services of America Inc. (Nasdaq: PSAI - news). The transaction is subject to customary closing conditions, including the transfer of certain licenses, and is expected to close by July 15, 1998. Transworld Healthcare is a regional provider of a broad range of alternate site healthcare services and products. It also operates a specialized mail order pharmacy and provides medical supplies to patients nationwide. The company's United Kingdom-based subsidiary, Transworld Healthcare (UK) Limited, with 72 locations, provides respiratory therapy, medical supplies and nursing services throughout the United Kingdom. Certain statements contained herein are forward-looking statements but have been made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results in the future periods or plans for future periods to differ materially from those described herein as anticipated, believed or estimated.