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This thing might run for a few days on news.
ER Urgent Care Centers Signs Multimillion Dollar National Infusion Contract Tuesday January 29, 8:30 am ET
MIAMI, FL--(MARKET WIRE)--Jan 29, 2008 -- ER Urgent Care Centers (Other OTC:ERUC.PK - News) is proud to announce that it has signed a national infusion contract with MD Medicare Choice. This contract will consist of IV Therapy, HIV, Cancer, Hormone Therapy, Cell Therapy, Immunotherapy and Pain Management. The program will take place at all ER Urgent Care Center and Doctors Family locations. The financial impact to the company will be approximately $250,000 in income monthly with no increase in overhead. That is an annual estimate of $3 Million to the bottom line of ERUC. In addition it will expose each center to an average of 10 to 15 new patients daily. "This contract will have a tremendous impact to our financials statement. A $3 Million increase in revenues is very significant. 2008 is off to another record year for increase in revenues," said Jerry Miller, ERUC Founder.
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Man what a dud this was. I am selling all at .008 for a loss just to get out as quick as i can! Win some and loose some.... Thanks for the post... It should have jumped up... I dont hang in ... If Iget an and a stock goes down for a while, I am out Hope it works gr8 for you man
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I know why it dropped...I bought in at .0084...I can hold for 5 days or 5 years and it wont move up but the day I sell it will sky rocket.TCLT I got out then it doubled overnight.
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Yep.. I am out it should go up now.... I realy cant believe what happened to this one today.. I thought I would double by noon or lots before.
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ERUC last filed a REGDEX effective on 01-11-2007, and until 01-11-2008.
The REGDEX allowed ERUC to sell up to $1 million in stock over the course of 12 months. The 12 months is up, so I am assuming that this is a positive for the pps, as no new REGDEX's have been filed with the SEC.
If one is filed, run for the hills IMO. If one isn't filed, all is well with me.
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ER Urgent Care Centers Files Its Form SB-2 With the SEC Wednesday October 10, 4:30 pm ET
MIAMI, FL--(MARKET WIRE)--Oct 10, 2007 -- ER Urgent Care Centers (Other OTC:ERUC.PK - News) is proud to announce that it has filed its SB-2 registration with the Securities and Exchange Commission. The company had announced previously its intention of becoming a fully reporting company under the 1934 Act, and today made it official. The company is next filing to be listed on the OTCBB following the effectiveness of the SB-2. "This is a monumental day for ER Urgent Care Centers; we are now poised to move forward as fully reporting company with the next step -- the OTCBB," said Jerry Miller, Founder. Upon the effectiveness of the registration, we will make a public announcement for the benefit of our shareholders and future shareholders.
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$582,813 is the total, according to the SB-2, of how much ERUC pays each year to lease the property where all seven ER Urgent Care Centers are housed:
DESCRIPTION OF PROPERTY
The Company maintains seven (7) facilities at this time. The Company leases all of its real property under long term leases. The following summarizes the locations and lease terms:
North Miami Beach - 700 Ives Dairy Road North Miami Beach Fl. 33179. The Company maintains its corporate headquarters at this location. The original lease was entered into during 2005 and has 3 years remaining. The annual lease payments total $243,504. The lease payment is adjusted annually, based upon increases in taxes and the cost of living formula.
Kendall - Located at 15463 SW 137 Ave. Miami Florida 33177 – The original lease agreement was entered into during 2005 for a term of 4 years, which approximately 2 years remaining under this lease. The annual lease payments total $35,435… The lease payment is adjusted annually, based upon increases in taxes and the cost of living formula.
Hallandale - 213 North Federal Highway Hallandale Beach Fl. 33009. The original lease was entered into during 2004 and has approximately 8 months remaining. The annual lease payments total $$35,856. The lease payment is adjusted annually, based upon increases in taxes and the cost of living formula .
Tampa: 5535 Memorial Highway, Tampa, Florida. The annual lease payment of $58,368 is payable monthly. The original lease was signed in September 2006 for a term of 5 years. The lease payment is adjusted annually, based upon increases in taxes and the cost of living formula.
St. Petersburg - 431 SW Blvd. Saint Petersburg Fl. 33703. The original five year lease was entered into during 2007 and has 4 years and 8 months remaining on its original terms. The annual lease payments total $87,250. The annual lease payment allows for annual increases in rent, based on taxes and cost of living formula.
Deland - 2370 International Speedway Blvd. Deland Fl. 32724. The annual lease payment of $69,600. The original 5 year lease term has 4 years and 10 months remaining. The annual lease payment allows for annual increases in rent, based on taxes and cost of living formula.
Miami Beach - 1041 71st Street Miami Beach Fl. 33141. The Company has entered into this five year lease in August 2007 and will begin making payments in September 2007. The annual lease payment of $52,800.00 is payable monthly. The annual lease payment will increase based on taxes and cost of living formula.
Holders of Our Common Stock
As of October 11, 2007, we had approximately 651shareholders of record of our common stock.
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Not too bad of a day...touched .003 for a 50% gain and closed at .0023 for a 15% gain for the day. Still TONS of room for a nice bounce here...WAY oversold
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