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Post by DBinDallas on Aug 5, 2004 9:12:42 GMT -5
AMHI has recently restucter the debt. They are a Chriropractic Clinic business in Texas. $6m in accounts rec.
In at .025 avg. DD it.....
imo it's a mid to long term play.
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Post by DBinDallas on Aug 5, 2004 9:33:47 GMT -5
Here's part of why AMHI is going up........ www.nasdaq.com American HealthChoice Reports 30% Increase in Revenue FLOWER MOUND, Texas, July 21 /PRNewswire-FirstCall/ -- American HealthChoice, Inc. (OTC Bulletin Board: AMHI) (the "Company") announced today that revenue for the three month period ended June 30, 2004 was $2,546,000 compared to $1,960,000 in the same period in 2003. $227,000 of the revenue increase was attributable to the Company's Affiliated-Revenue program and the remaining $359,000 to Company-owned clinics that have been open for more than one year. According to Dr. J.W. Stucki, CEO of AMHI, "We are very pleased with fiscal year 2004 revenues to date. The last two quarters have been substantially stronger than the same quarters in fiscal year 2003. These current quarter to previous year quarter increases, which are largely driven by our new Affiliated-Revenue program, should continue in our quarter numbers ending September 30, 2004, which historically is the strongest quarter of the fiscal year." About American HealthChoice: American HealthChoice is a medical services company comprised of a parent company and twenty five owned and affiliated medical clinics in Texas and Louisiana. Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2003 filed with the Securities and Exchange Commission. SOURCE American HealthChoice, Inc. -0- 07/21/2004 /CONTACT: Investor Relations of Equitilink LLC, +1-877-788-1940, or international, +1-858-824-1940, for American HealthChoice, Inc./ /Web site: www.americanhealthchoice.com / (AMHI) CO: American HealthChoice, Inc. ST: Texas IN: HEA MTC OTC SU: ERN |
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Post by DBinDallas on Aug 6, 2004 12:27:57 GMT -5
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