quote:Originally posted by 10of13: Hey Cass...how's the baby?
He's doing very well. They have removed the oxygen and IV and he has been feeding from a bottle for 2days!! He has gained a WHOPPING 3 ounces, but it's better than losing weight. He still has his feeding tube in, but he's making great progress. Can't wait to bring him home...I've only held him twice...NOT NEARLY ENOUGH!!
Phyhealth Announces Increase in Authorized Common Stock Physicians Healthcare Management Group, Inc (OTC: PHYH.PK) announced today that the company has approved a 25,000,000 share increase in its authorized Common Stock from 400,000,000 to 425,000,000 total shares. The company currently has 253,786,524 Common Shares and 162,000,000 Convertible Preferred Shares issued and outstanding. By providing enough authorized common shares to cover the potential conversion of the preferred stock, the company’s preferred stock will be properly presented as equity, not a liability, on the 2007 1st quarter financial statements in accordance with generally accepted accounting standards.
About Physicians Healthcare Management Group, Inc.
Phyhealth develops and operates fully integrated healthcare organizations in partnership with physicians. Phyhealth Plans preserve the physician-patient relationship and deliver high-quality affordable healthcare within its selected communities. Phyhealth offers a turnkey, prepaid health plan solution to physicians for their Medicare and other individual patients who prefer to choose their own doctor and who make their own healthcare insurance purchasing decisions. Phyhealth Plans are unique in integrating all aspects of the delivery and financing of care, including providing medical liability insurance protection through Physhield Insurance Exchange, Phyhealth’s exclusive risk retention group. The Phyhealth model empowers physicians to proactively manage their patient’s general health and medical care and enhances physician financial rewards by increasing practice revenues, reducing expenses and restoring the economic value (equity) of their medical practices.
quote:Originally posted by mnvestor: If they are preparing Q1 financials they are following their plan to move exchanges...why else would they file?...IMO
I agree, any pinky that planned on diluting wouldn't post a PR bragging about it. I've spoke with the CEO before and plan to talk to him again Monday. I want to know the time-line of the up-listing. I'll update asap...GLTA
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I called Robert from PHYH, they are expecting the financials to be completed this week or next and after they are complete, they will file the sb-211(I think thats the right form) with the NASD, he said he wants it completed by end of April, but it will depend upon the government agencies. Just a heads up.
quote:Originally posted by thesource: I'll be happy to see this little turd start to do something . I was having my doubts with DTGP but its doing pretty decent right now for me .
Thanks Cassity ..........
Next week I'm going to be gone all week. I'll be loading up here for the next few days, for the surprises coming. This will be back over .01 soon enough....it's the perfect buying opertunity...IMO. GLTA
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BTW source: I think DTGP will be about a month long hold. They are cleaning up the company for whomever is interested in acquiring the shell. Robert from PHYH said they are being very agressive in completing the necessary forms to uplist and depending on how quickly the NASD can approve their financials, this should start rolling. I'm thinking 1-3 wks before we start moving back up, but I want these bottom shares first.
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I'm considering loading back up on DTGP tomorrow if we get another good drop into the .008's . As for PHYH , I'm just going to sit on the ones I have unless I feel lucky and maybe pick up a few more for the hell of it .
-------------------- ----- Game Over -----
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quote:Originally posted by cassity: Bounced off the 52 wk low...chart beginning to look very sexy!!! Closed at .0075 up 7%!!!
Good time to load the boat...IMO news regarding uplisting and financials release should be within a couple weeks..chart looking better and with volume this moves easily...low floater
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Great day today..up 33%. Chart looks primed for a big move next week and the news of the audited financials should be out next week as well..per convo with CEO. I'll be out of town all next week, so I won't be watching or posting. Have a great weekend everyone and HAPPY EASTER!....GLTA
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I like the news.... Phyhealth Announces Commencement of Audit Apr 19, 2007 9:47:00 AM Copyright Business Wire 2007 MIAMI--(BUSINESS WIRE)--
Physicians Healthcare Management Group, Inc (OTC:PHYH) announced today that the audit of the company's Fiscal year 2005 and 2006 financial statements has commenced. The audit is being conducted by Salberg & Company, Phyhealth's independent registered public accounting firm.
"We are all extremely pleased that the company has reached this important milestone toward achieving the status of a fully-reporting company listed on the OTC Bulletin Board," said Robert Trinka, Phyhealth's chairman and chief executive officer. "Phyhealth's financial management team headed by Scott Moore, our CFO consultant, has done an outstanding job of completing the requirements necessary to produce a complete set of GAAP financials for 2005 and 2006. Becoming a fully-reporting Bulletin Board company will give our investors added confidence in Phyhealth, which will allow us to reach our business objectives."
Phyhealth has previously announced its near term objective to file a registration with the SEC and a form 211 with the NASD, which would qualify the company to be fully-reporting and traded on the OTC Bulletin Board. Audited financial statements are a prerequisite for completing these filings.
About Physicians Healthcare Management Group, Inc.
Phyhealth develops and operates fully integrated healthcare organizations in partnership with physicians. Phyhealth Plans preserve the physician-patient relationship and deliver high-quality affordable healthcare within its selected communities. Phyhealth offers a turnkey, prepaid health plan solution to physicians for their Medicare and other individual patients who prefer to choose their own doctor and who make their own healthcare insurance purchasing decisions. Phyhealth Plans are unique in integrating all aspects of the delivery and financing of care, including providing medical liability insurance protection through Physhield Insurance Exchange, Phyhealth's exclusive risk retention group. The Phyhealth model empowers physicians to proactively manage their patient's general health and medical care and enhances physician financial rewards by increasing practice revenues, reducing expenses and restoring the economic value (equity) of their medical practices.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Physicians Healthcare Management Group, Inc, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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Check out where the auditing firm is located....FL, same as PHYH. This is a link to the auditing firm for PHYH. Just a little while longer and this will be the next big mover....GLTA
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He has gained a WHOPPING 3 ounces, but it's better than losing weight. He still has his feeding tube in, but he's making great progress. Can't wait to bring him home...I've only held him twice...NOT NEARLY ENOUGH!!
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