Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CMMI - Consolidated Medical Management, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (49)	5/6/1999 2:31:00 PM
From: SCOOBEY-DO	Read Replies (1) \| Respond to of 95

Thanks for your quick response Gator. Here is the news release for anyone that is interested: Consolidated Medical Management, Inc., Acquires Two Nevada Corporations and Appoints a New ChairmanThursday, May 6, 1999 10:23 AM<Picture> Mail this article to a friend new! HOUSTON, May 6 /PRNewswire/ -- Consolidated Medical Management, Inc. (OTC Bulletin Board: CMMI), (CMMI) of Houston, Texas announced today an agreement has been reached to acquire two Nevada Corporations which will further enhance the company's concentrated effort to become a vertically integrated Medical products and service organization. Acquired was Nevada Resort Medical Services, a tourist-oriented extended hours Urgent Care Clinic located in the Imperial Hotel and Casino on the World Famous Las Vegas "Strip." The clinic is open 7 days per week and employs Board Certified Medical Physicians and Physician Assistants. The clinic also serves as a "family practice" clinic for the 2,700 employees and families of the Imperial Palace. Also included in the acquisition was Practice Management Group of Nevada. A Management Services Organization which consults, evaluates, and manages Physicians in Nevada, Utah, California, and Arizona. The company was founded in 1993 by Jack London who serves as President and C.E.O. of both companies. Jack G. London, who is President and Founder of both companies has been appointed Chairman of the Board of CMMI. Mr. London has over 19 years of healthcare experience as a former Hospital Administrator and Marketing Director for Charter Medical, American Healthcare Management and Quorum Healthcare. Mr. London has lived in Las Vegas since 1970 arriving to attend University of Nevada Las Vegas. He will remain in Las Vegas with his new duties as Chairman of CMMI. Consolidated Medical Management, Inc., now consists of Psychiatric Management Services, Inc., Independent Diagnostic Services, Inc., Practice Management Services of Nevada Inc., Nevada Resort Medical Services, Ltd., Health WoRx, Inc., and HealthScape, Inc. A new business plan has been developed to include the companies acquired. Jack London replaces LaMar F. Laster who tendered his resignation which was accepted by the Board of Directors. Contact: Jack G. London (CMMI) at 702-436-0519 or WSCG at 713-270-0890. Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including without limitations, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependency on financing third party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual reports, offering memorandums, or prospectus. SOURCE Consolidated Medical Management, Inc. CONTACT: Jack G. London of Consolidated Medical Management, Inc., 702-436-0519; or WSCG, 713-270-0890