First Choice Healthcare Solutions Inc (FCHS)

[jockinmikeg]

The terms of the leaseback will likely be reported in filings. The CEO owns the office building. He is selling it and is leasing back on terms the company considers extremely favorable. They are staying in the same building. He was very pleased to increase working capital and fund future growth without having to issue additional shares. We should see a PR any day now reporting the closing of the sale. I was especially encouraged to learn that doctors are flocking to FCHS away from the big box hospitals and private practices, and that more doctors = more surgeries = more $.