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[QUOTE]Originally posted by IMAKEMONEY: [QB] Related Quotes Sym. Price Chg. CMMI Trade News 0.166 0.006 CMMI Announces Third Quarter Results Nov 19, 2007 08:35:00 (ET) HOUSTON, Nov 19, 2007 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Medical Management, Inc. (CMMI, Trade ) today commented on its unaudited results for the third quarter of its fiscal year ended September 30, 2007. Total revenue reported for the third quarter was $634,498, with no operations from 2006 to compare. Net income for the quarter was $66,863, or $0.001 per share, up from a net loss of ($57,000), or ($0.001) per share, for the non-operational third quarter of fiscal 2006. "We are pleased with the rapid growth in our core bulk fuel terminalling business, and believe this quarter's cash-flow positive results reflect the quality of our customer list and the growing demand for our services," commented Timothy G. Byrd, Sr., Consolidated Medical Management's chief executive officer. "The terminal next to Houston's Intercontinental Airport (IAH), operated by Intercontinental Fuels, LLC, a wholly-owned subsidiary, is experiencing increased utilization by area businesses to store, blend, and terminal fuel. Currently, the bulk fuel terminal is being upgraded to supply ultra-low sulphur diesel (ULSD) fuel now federally mandated to be used in new on-road diesel-powered vehicles, enhancing our ability to offer a wide range of fuel products and services. "We remain steadfast in our commitment to continue building corporate financial health by both growing our current business organically and expanding through complementary mergers and acquisitions. "In addition, in the coming weeks we expect shareholders of record on November 14th, 2007, will begin to receive proxy voting materials for our upcoming annual meeting scheduled for December 17th, 2007. If you have any questions about the proxy process or the upcoming meeting, please call investor relations at (281) 209-9800," Byrd concluded. About Consolidated Medical Management, Inc. Consolidated Medical Management, Inc. (CMMI) is a wholesale fuel distributor and fuel terminal operator based in Houston, Texas. CMMI not only offers storage, delivery, and blending of petroleum products such as gasoline and diesel fuel, but also offers biodiesel to the growing "green" fuels market. Biodiesel is a clean burning, nontoxic, sulfur-free, and biodegradable alternative fuel for compression-ignition (diesel) engines made from animal fat or vegetable oil. One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. Consolidated Medical Management, Inc., urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission. SOURCE Consolidated Medical Management, Inc. [/QB][/QUOTE]
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