posted
Well I hate to burst your bubble Mike, but if they announce another Nursing Contract we'll downtick again!!
Posts: 1637 | Registered: Apr 2004
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Dr. B has personal debt almost paid off, which by the way should reflect his, ...excuse me if you will, "debt management".
that in itself goes a long way with me.
another thing, the next 6 months will tell where this company is going.
for now i'll believe they truly want to focus on VA/gov. contracts. and yes maybe it was a bad idea to sell Nurses Onsite, but what the hell. i like there new vision.
they could'nt be in a better industry at this point in time. healthcare. and we all know by now how much medical staffing is in demand, and even better...it will be for many years to come.
all mssi has to do now, as they refocus, is stay honest and keep working as hard as they have been the last 12 months.
if the news that is about to be released (whenever) does not pertain to the current contract negotiations, well then i'll still give them another 30-60 days.
to be honest though, i'm crossing my fingers on the upcoming release because we need to at least get back up to .01
gl to us all.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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posted
todays news, the NOC loi termination from General Healthcare Resources, along with the Democrats outlook of our healthcare system only leaves me scratching my head.
i just hope if we keep them, they continue to carry their weight (profitability).
initially with the purchase of NOC i personally thought Dr. B bit off more than he could chew. maybe thats why he really wanted to sell them off anyways....who knows.
oh well, still waiting to hear about the current bids.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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posted
its all cornell, they surck.. the only pr that will make this boom is the day the cancel cornell, and are able to provide on their own.. look at TLPE.. the latest cornell victim, lol
posted
On September 6, 2006, Medical Staffing Solutions, Inc. (the "Company") entered into a non-binding Letter of Intent ("LOI") with General Healthcare Resources, Inc. (the "Purchaser") and Nurses Onsite Corp. ("NOC"), a wholly-owned subsidiary of the Company pursuant to which the Purchaser would acquire substantially all of the assets of NOC as disclosed in the Company's Current Report on Form 8-K as filed by the Company with the SEC on September 13, 2006. On November 28, 2006, the Purchaser informed the Company and NOC of its intention not to consummate the transaction set forth in the LOI and therefore, the LOI was terminated.
Posts: 572 | From: usa | Registered: Aug 2006
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at least bal.sheet shows long term debt being paid down. also capital surplus is greater.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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posted
just got off the phone with reba, she said there is another pr about to be released announcing a new contract. no details. but did say it was not the BIG contract i mentioned before. she said that particular company put out an extension for bids and that mssi has not even submitted their bid yet.
oh well, i'm just glad to know we have another. hope we eventually win that big she talks about.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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posted
she also mentioned that information/plans about NOC will be announced soon.
she did "admit" that mssi and noc did not compliment each other. she also said that it was apparent Dr. B underestimated the economy at the time the noc idea was consummated.
i just wished like hell they would of not purchased noc to begin with.
they should of, at the soonest, at least waited til they were profitable before acquiring any damn thing. they need to find a buyer fast, and focus on what they know and what they have proven to be good at, and that is staffing. especially staffing VA facilities.
NOC was definately a step backwards.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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posted
Medical Staffing Solutions, Inc. (MSSI) , an established provider of medical personnel and technology services to government and commercial clients, has been awarded a five-year new contract for Physical Therapy Assistant services at Fairchild Air Force Base in Washington state through the company's wholly-owned subsidiary, TeleScience International, Inc.
TeleScience currently provides Medical Administrative support services to Fairchild under a separate contract. This new contract award expands the scope of services the company provides to the base. Under the terms of the contract, TeleScience will provide Physical Therapy Assistant staffing services to the physical therapy department in the 92nd Medical Group at Fairchild Air Force Base. The award is for one base plus four option years.
Dr. Sahay, President and CEO of MSSI said, "We have been waiting on the results of this particular contract award for over four months. We are pleased to see that the company won this bid despite some intense competition."
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
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I knew cornell was itching to cover, mm's chomping at bit last week.. it was a nice play from wednesday to friday.. perfect example of why to only flip these dogs. See FGFC.. you arent alone, lol..I watched SONT triple after banky and de-listing notice, who knows?, lol
POS..they let cornell kill them , they deserved it i guess.. Q on the end coming i guess.. one to radar.
posted
yep.. never know.. although MSSI caught me by surprise. These medical pennies suuuuck usually, from what Ive seen at least. Just no money in medical system, its so freakin broke.. doctors make 1/3 of what they used to. b/c anyone with the sniffles goes and begs for drugs.. Im staying away from these medical pennies. SONT was a major POS, but s t o c k s t a r ran that pos 4 bags, lol
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Well I hate to burst your bubble Mike, but if they announce another Nursing Contract we'll downtick again!!
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