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As with all pink sheets do your DD but there is a lot of interest in this one from IHUB boards with 1.5M float and recently listed under the symbol BDRR. Also watching TGTI from unusual activity last friday which is on bill panettas weekend list. HOUSTON, Dec 19, 2007 (BUSINESS WIRE) -- Bederra Corporation (BDRR.pk) (PINK SHEETS:BDRR) officially announces it has begun trading as Bederra Corporation "BDRR.PK."
FINRA (Finance Industry Regulatory Authority) recently cleared the company's form 15c2-11 to begin trading on the Pink Sheets under the symbol BDRR.PK.
Graham Williams, President of Bederra Corporation states, "Bederra Corporation specializes in equipment financing for many different industries. Its greatest success is in the Healthcare industry by providing financing for clinics, medical doctors, dentists, chiropractors, imaging centers, surgery centers and hospitals."
Bederra Corporation currently has 7.5 million shares issued and outstanding with 1.5 million shares in the float.
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Even with an increase to 6M float that's really negligible for a pinkie. The news is great..
Bederra Corporation Announces Acquisition of Diagnos, Inc. Monday January 21, 3:00 am ET
HOUSTON--(BUSINESS WIRE)--Bederra Corporation (Pink Sheets:BDRR - News) announces it has acquired the privately held Diagnos, Inc.
On or about December 27, 2007 Bederra Corporation completed the acquisition of Diagnos, Inc. in an all-stock transaction. Bederra Corporation issued 15 million restricted common shares of stock for the assets of Diagnosis, Inc.; Diagnos, Inc. will operate as a wholly owned subsidiary of Bederra Corporation. The financial statements issued by the company will reflect the combined financial results.
Diagnos, Inc., a privately held Texas Corporation, is located at 2000 N. Loop W., Suite 100, Houston, Texas, 77018. Diagnosis, Inc. was formed to provide medical diagnostic imaging services utilizing state of the art Positron Emission Tomography technology to detect Cancer, Alzheimer’s, Dementia and Heart Disease. The technology is so new there are only 18 machines in the Houston area serving a population of over 5 million. The technology is proven and accepted by Medicare and all private insurance carriers. The current medical disciplines that use this technology are oncology, neurology, cardiology, and urology.
Graham Williams, President of Bederra Corporation, states, “The acquisition of Diagnos, Inc. is the first of many medical related acquisitions planned to enhance our revenues in the coming years.” Projected gross revenues for fiscal year 2008 are anticipated to be in excess of $2.5 million dollars with profits.
Bederra Corporation issued 15 million restricted shares of common stock to the owners of Diagnosis, Inc.; as of December 31 2007, Bederra Corporation has 28,416,204 shares of common stock outstanding with 6 million shares in the public float.
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Jan 23, 2008 3:00:00 AM Copyright Business Wire 2008 View Additional ProfilesHOUSTON--(BUSINESS WIRE)--
Bederra Corporation (Pink Sheets: BDRR) announces it has signed a letter of intent to acquire the assets receivables and liabilities of privately held Lumar Diagnostic Imaging, Inc.
Lumar Diagnostic Imaging, Inc., is a privately held Texas Corporation located in Houston, Texas. Lumar Diagnostic Imaging, Inc. was formed to provide multi modality medical diagnostic imaging services such as MRI, CT, Ultrasound and Pain Management. The facility is located adjacent to the world-renowned Houston Texas Medical Center.
Graham Williams, President of Bederra Corporation, states, "The letter of intent to acquire Lumar Diagnostic Imaging, Inc. represents another significant milestone in growing annual revenues. The transaction is based upon using cash and debt financing to complete the acquisition." Projected gross revenues from this acquisition for fiscal year 2008 are anticipated to be in excess of 3 million dollars with profits.
Lumar Diagnostic Imaging, Inc. will operate as a wholly-owned subsidiary of Bederra Corporation when the acquisition is completed by the end of the first quarter 2008.
Bederra Corporation has 28,416,204 shares of common stock outstanding with 6 million shares in the public float as of January 22, 2008.
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BDRR having a volume spike and looks like a short cover candidate here:
Bederra Corporation CEO Comments on Medical Imaging Market Jan 31, 2008 10:15:00 AM Copyright Business Wire 2008 View Additional ProfilesHOUSTON--(BUSINESS WIRE)--
Bederra Corporation (Pink Sheets:BDRR) President and CEO Graham Williams has published comments on the ongoing plans for the company.
"Our research shows a steady increase in demand for imaging services, as the diagnostic capability of these machines help the consumer," Williams said. "Continued technological advances in the field indicate that the larger companies and research establishments recognize the future need."
"The market for medical testing and imaging is continuing to expand, but new healthcare regulations mean that a number of testing sites will require change of ownership," he said. "A tremendous opportunity has opened up for our company and our shareholders. We have completed one acquisition and are finalizing our next acquisition. We plan to make several more acquisitions in the future." Mr. Williams was referring to the company's recent activity with Diagnos, Inc. and Lumar Diagnostics Imaging, the first two of several acquisition targets.
"The company has been carefully examining this segment of the industry for some time," Williams said. "PET/CT imaging is a wonderful technology that can help catch early stage health problems from cancer to Alzheimer's, dementia and heart disease. As we locate and acquire these companies, we will be able to see consistent revenue enhancement and increased shareholder value. We are to be a positive impact on people's health."
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Bederra Corporation Discusses Business Model Cash Flow Thursday January 31, 12:48 pm ET
HOUSTON--(BUSINESS WIRE)--Bederra Corporation (Pink Sheets:BDRR - News) President Graham Williams announces the company has entered into an agreement with a private company to provide financing for the company’s acquisitions.
ADVERTISEMENT “We entered into this financing arrangement to satisfy our short-term cash requirements to complete the recent acquisitions. The recent acquisitions were made using a combination of cash and stock,” Mr. Williams said. “Bederra Corporation invoices medical insurance companies for services rendered. Insurance companies traditionally pay slowly, which required the company to seek short-term financing to cover day to day expenses.”
Bederra Corporation has 31,416,204 shares of common stock outstanding with 9.1 million shares in the public float as of January 31, 2008.
Safe Harbor Statement
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
Contact:
Bederra Corporation Graham Williams, 281-540-0500 President
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BDRR LOI on aquisition of company with $9M revs This one is oversold with 9M in the float.....
Bederra Corporation Sends Expression of Interest Letter Feb 6, 2008 8:30:00 AM Copyright Business Wire 2008 View Additional ProfilesHOUSTON--(BUSINESS WIRE)--
Bederra Corporation (Pink Sheets:BDRR) President Graham Williams announced today that an Expression of Interest letter was sent to a privately held healthcare services company to negotiate the purchase of the company.
The targeted healthcare services company is based in Houston, Texas. The company has contracts to provide specialty services to hospitals, clinics and physician practices nationwide. The company has offices in several states. The targeted acquisition generates $9 million in annual revenues and is profitable.
Both parties hope to have a Letter of Intent signed within 90 days
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Watching BDRR here looks like the volume is retail and selling has stopped. .01 break would signify an uptrend imo.....9M float is nothing for a pink sheet.
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Bederra Corporation Announces Acquisition of Lumar Diagnostic Imaging, Inc. Wednesday March 5, 6:00 am ET
HOUSTON--(BUSINESS WIRE)--Bederra Corporation (Pink Sheets:BDRR - News) announces it has completed the acquisition of the privately held Lumar Diagnostic Imaging, Inc.
ADVERTISEMENT Lumar Diagnostic Imaging, Inc. is a privately held Texas corporation located in Houston, Texas. Lumar Diagnostic Imaging, Inc. was formed to provide multi modality medical diagnostic imaging services such as MRI, CT, Ultrasound and Pain Management. The facility is located adjacent to the world-renowned Houston Texas Medical Center.
Graham Williams said Bederra Corporation purchased only the assets of Lumar Diagnostic Imaging including the name, equipment, accounts, records and personnel. Last year the imaging center generated revenues in excess of $4 million and it is profitable. The purchase price consisted of cash and debt.
Lumar Diagnostic Imaging, Inc. will operate as a wholly owned subsidiary of Bederra Corporation under the new name of Lumar Imaging Inc.
Safe Harbor Statement
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
Contact:
Bederra Corporation Graham Williams, 281-540-0500 President leasse*earthlink.com
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News for 'BDRR' - (Bederra Corporation Closes Long Term Financing)
HOUSTON, TX, Apr 09, 2008 (MARKET WIRE via COMTEX) -- Bederra Corporation (PINKSHEETS: BDRR), a medical imaging and diagnostic Company, is pleased to announce it has closed on its current financing needs.
The company was able to secure both traditional bank financing and debt financing through the issuance of a promissory note that bears interest quarterly. This financing allows the company to cover all of its current capital requirements. The funds were raised to bridge the accounts receivable from its recent acquisitions.
In order to build shareholder value, the company will not pursue any additional equity financing for expansion until it has achieved a sufficient market cap to support additional growth. This is to insure that any future additional equity issuance would be accretive to current shareholders.
Graham Williams, Bederra Corporation CEO, stated, "Our recent financing activities have satisfied our current capital needs. As new developments are announced and our financials are released, we expect the investment community to recognize that we are severely undervalued by the current market. Our accountants are finalizing our financials. As soon as they are completed we will release them to our shareholders."
About Bederra Corporation
Bederra Corporation, which wholly owns Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and world famous Texas medical center. The company's current strategy is to grow its current operations and seek out additional acquisitions that will complement its core operations.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Bederra Corporation Closes Long Term Financing Wednesday April 9, 8:45 am ET
HOUSTON, TX--(MARKET WIRE)--Apr 9, 2008 -- Bederra Corporation (Other OTC:BDRR.PK - News), a medical imaging and diagnostic Company, is pleased to announce it has closed on its current financing needs.
The company was able to secure both traditional bank financing and debt financing through the issuance of a promissory note that bears interest quarterly. This financing allows the company to cover all of its current capital requirements. The funds were raised to bridge the accounts receivable from its recent acquisitions.
In order to build shareholder value, the company will not pursue any additional equity financing for expansion until it has achieved a sufficient market cap to support additional growth. This is to insure that any future additional equity issuance would be accretive to current shareholders.
Graham Williams, Bederra Corporation CEO, stated, "Our recent financing activities have satisfied our current capital needs. As new developments are announced and our financials are released, we expect the investment community to recognize that we are severely undervalued by the current market. Our accountants are finalizing our financials. As soon as they are completed we will release them to our shareholders."
About Bederra Corporation
Bederra Corporation, which wholly owns Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and world famous Texas medical center. The company's current strategy is to grow its current operations and seek out additional acquisitions that will complement its core operations.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Contact: Chad Sykes Investor Relations Email Contact
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News for 'BDRR' - (Bederra Corporation Subsidiary Receives Approval From Major Insurance Carrier)
HOUSTON, TX, Apr 15, 2008 (MARKET WIRE via COMTEX) -- Bederra Corporation (PINKSHEETS: BDRR), a medical imaging and diagnostic Company, is pleased to announce that its subsidiary Company, Lumar Imaging, Inc. has received approval to provide imaging services to the Medicare and Medicaid covered lives of Amerigroup Corporation.
AMERIGROUP Corporation, headquartered in Virginia Beach, Virginia, is a multi-state managed health care company focused on serving people who receive health care benefits through state-sponsored programs. From Medicaid, Temporary Assistance for Needy Families (TANF) and State Children's Health Insurance Programs (SCHIP) to Supplemental Security Income (SSI), Long Term Care and Medicare coverage, they help people of all ages get the care they need and the respect they deserve. Through its many AMERIGROUP Community Care subsidiaries, they currently help more than 1.7 million low-income Americans throughout the nation. The company operates in Florida, Georgia, Maryland, New Jersey, New York, Ohio, South Carolina, Tennessee, Texas, Virginia and the District of Columbia.
About Bederra Corporation.
Bederra Corporation, which wholly owns Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and world famous Texas medical center. The company's current strategy is to grow its current operations and seek out additional acquisitions that will complement its core operations.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.