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Microcap & Penny Stocks
Turnaround: MDPA - Metropolitan Health -
An SI Board Since August 2000
Posts SubjectMarks Bans Symbol
1 0 0 MDPA
Emcee:  blankmind Type:  Unmoderated
- Why I think MDPA - Metrolopolitan Health Networks, Inc, may be a great turnaround, prices: mdpa: $1.75; mdpaw: $.10 (symbols on yahoo are mdpae.ob & mdpje.ob)

- Company is projecting revenues of $200 mill for the year; versus only $5 mill for the latest 10Q ending 9/30/99

- MDPA is way late on 10Q/10K filings; but is quickly catching up

- due to several mishaps with a shady underwriter & dumb business acquisitions; the stock went to under $1 & almost bankrupt

- New mngmt; New investors; for instance, on 5/23/00, 13G filed by Guillama Family Holdings Inc. and Beacon Consulting Group Inc for 9.9%

- New contracts with HMO's & such being signed which indicates someone has confidence in them

- various internet initiatives to process medical claims electronically

- runnning a $1 mill/qtr loss which could be turned around to a profit if revs contine rising; 18 mill shs o/s; negative equity
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