Stanton Nelson, CEO announced today that he is converting his salary to stock in order to preserve cash. "For the foreseeable future, I have made the decision to convert my salary to stock as a way to preserve cash but also allows me to re-invest in a company I really believe in," stated Nelson.
Foundation Healthcare is in discussion with NYSE to uplist the stock from OTCBB FDNH has more than $100M in assets including a $35 million hospital in Houston recently purchased from another company's BK.
Revenues will go to $200M once Houston hospital is fully integrated. market cap is less than $20 million Best two quarters ahead (3Q and 4Q)....3Q will be reported in early November[color=red][/color]
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