Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's exactly what that PR double talk wants you to think when in reality they only have a contract with one specific hospital that is already in place.
Finally some positive news I hope. Is
Cameron White Matt White? Being with HCA
could be big for patient investors.
National Hyperbaric Rehab Center Inc. (Pink Sheets: NHYB) Announces a New Name, SanCuro Corporation, and a New Ticker Symbol (Pink Sheets: SCRO), and Restructures in Preparation for New Growth and Development
Jerry N. Gines, Chairman/CEO of SanCuro Corporation, announces that with the support of a majority of its shareholders, National Hyperbaric Rehab Center Inc. (Pink Sheets: NHYB), a Nevada-based Hyperbaric Medicine and Wound Care provider, has implemented its plan to recapitalize the company’s Two Hundred Eighty-Six Million Five Hundred Eighty Thousand One Hundred Ninety-Two (286,580,192) shares with a Five Hundred (500) for One (1) reverse split and has changed the name of the company to SanCuro Corporation effective February 7, 2008.
SanCuro Corporation has signed a letter of intent to acquire SanCuro Wound Care Systems Inc. SanCuro Wound Care Systems Inc.’s principal assets include a contract to manage a Wound Care and Hyperbaric Medicine Department of Ogden Regional Medical Center, a Hospital Corporation of American (HCA) facility in Ogden, Utah. HCA is the second largest Hospital Management organization in the country. HCA has 170 hospitals and 113 outpatient centers in 20 states and England under management. In preparation of servicing this contract, SanCuro Wound Care System is currently building a Fifteen Thousand Four Hundred (15,400) square foot Medical Office building on campus at Ogden Regional Medical Center. This facility will host the Hospital Department and house and manage the practices of up to Seven (7) physicians. The facility includes a state-of-the-art Hyperbaric and Wound Care Department of Ogden Regional Medical Center. Construction of this facility commenced October 7, 2007 and is forecasted to be operational mid-July 2008.
Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of SanCuro Corporation. Forward-looking statements may be identified by words such as "goals," "plans," "believes," "will," "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. Investors are cautioned not to place any undue reliance on any forward-looking statements.
SanCuro Corporation
Cameron White, 801-944-6000
Source: Business Wire (February 8, 2008 - 8:31 AM EST)
News by QuoteMedia
www.quotemedia.com
I agree, they screwed the pooch it seems, I'm also out, NHYB has had nothing but comtempt for it's shareholders, Matt IR was always vague in his responses and if this is good news then I'll call the cops to have him committed on a 5150 LOL.
Good Luck all.
I was just noticing the B/A was fast approaching the .0001 black hole, so this doesn't surprise me.
They have completely screwed over all of their early supporters and investors. I am glad I am not one of them. I know a few people here at least know some of the folks who bought into this at the beginning. Give them my condolences.
2/7/2008 NHYB National Hyperbaric Rehab Center, Inc. Common Stock SCRO SanCuro Corporation Common Stock 1-500 R/S **
Spoke with Matt on Thursday, stated PR did not make the Christmas New Year's time frame but will be delivered in 30 days.
I tried to pry some information on that pending PR but only stated that it would be positive, feel free to call Matt at 801-944-6000 and put some pressure :).
Me to, I didn't know that they were opening another clinic, I emailed them but I never did get a response. Thankyou for the info. If they start giving some prs maybe more people would get interested in the stock. At least I don't think they are diluteing like most pinks. Thanks again
No PR yet but I'm sure they will wait until they
have opened the next clinic for sure after the debacle
in Tuscon, AZ. Share price doesn't reflect a forthcoming PR
imo; patiently awaiting!!
Thankyou for the update, we need a good pr and just some simple news on how the company is doing, it has been real quiet for a long time. Merry Christmas to you and yours, thankyou again.
Merry Christmas to all National Hyperbaric investor's, according to Matt, a PR should be released between Christmas and New Years.
Hopefully it happens, if you haven't noticed, we have taken a beating this year. WE need a good PR.
Enjoy the Holiday's!!!
Can someone please tell me whats up with this stock?
Thanks Dream. -e-
That's not bad, then Matt is wrong, I believe he stated 40 million, I could be wrong but you did confirm with the T/A.
Give him a call and let me know if you got anything additional, PM me, if you need the number I'll post it.
This is the float we got...
102,789,577
Yes, that what he stated, I could not imagine a share re-structure with a float under 40 million shares, maybe audited financials but Matt would not disclose anything additional.
His tone is monotone LOL, so looking for a upbeat sound from that guy is dismal.
I just noticed this one today. I see it's been around this level for a while now yet the share structure hasn't changed in at least the last 2 months so that's no keeping it down. I don't know any more than what I posted but will be watching this one. So the word is news within a month eh?
GLTY
Dream, seems were going to get a PR within 30 days according to IR Matt, he was very vague but stated it would be positive??
Do you have any additional information of what this PR might consist of??
mgland..
I called the T/A here earlier today and the numbers have not changed from what you posted over 2 months ago.
yes, I agreee, seems we can't get any lower and the change of name and especially the low Float should get us back over a penny soon :)
.0025 so far today
Holding steady at .0025-.003; news of any type should spike it nicely imo.....
Can't be much more to sell....patience could be big here
and cheap right now for those who like to take some risk with their investing. I'm sure the dilution we have seen is the money needed for the next wave of potential clinics and contracts in Utah and Texas etc.... sure they don't want to say anything until a new one actually opens its doors for business this time. They have a clinic at Corporate headquaters that should be paying the bills at least.
Sell shares to pay their salaries until the shares run out.
The chart is flattening out, I wonder if that is a sign they have little left to sell.
I'm not up on the DD on this.
All the best
Does anyone have the latest business plan for the company?
Good info. The float has increase 125% or 57M from 46M since mid-December. That is about the same increase as in the O/S.
These guys are just living on dilution. I feel sorry for anyone that's been holding this POS from the beginning.
NHYB. as per ta os 286,580,192 with a float of 102,789,577
Standard Registrar and Transfer Co., Inc.
address 12528 South 1840 East
Draper, UT 84020
telephone 801-571-8844
fax *
all the best
Please do Pinkie.
Investors are presently disheartened by the present PPS , NHYB gives new meaning to the word patience.
Hmnn.... I wonder if Matt has a brother named Bill Clinton. So far all he has done is lied to us! One lie after another! He keeps repeating to look for a PR next week or so and a new clinic will be built soon! Whatever! Keep lying Matt and I hope your company sinks to the bottom of the ocean!
I agree, sub-sub penny would be enticing, I'm watching it too.
They've been saying that OTCBB thing for a long long time. Even if it isn't the company that is selling this week, they have in the past. They've given large blocks of shares to others who are now selling, IMO.
It's all dilution one way or another and now it has come back to bite them. Unfortunately, there are a lot of restricted shares out there that are probably reaching the end of their restriction.
Either way yesterday was a surprise. I was just ranting after seeing the price so low and then it drops 50% later in the day. OUch!
Still, an interesting one to follow. Hopefully it will go sub-sub penny soon and then it might be a real steal if the company still exists. Maybe I should call the TA and confirm your 'no dilution' story.
I would call Matt if you have questions, last conversation we had about a week back, he mentioned that the Arizona clinic would open in about 2 months as a NHYB clinic.
Audited financials are being done (going to OTCBB) and there is no dillution, IMO your seeing weak hands selling and their patience level has expired.
EOM.
What's going on today. Why such a fall in price. Why the sell off all of a sudden?
This is another classic example of a company selling empty promises for way too long. Eventually no one wants to buy them anymore.
The people who bought in early just get totally screwed, because the company dilutes their positions into the ground to stay afloat. Sadly the folks who got in early often still 'believe' not realizing that even if the promises all come true now that the dilution has eroded their positions away to nothing no matter what.
A 10 bagger from here doesn't get most bagholders even and is still down 80% from only 1 year ago. This stock would have to go up 80x to get back to last June.
Luckily, I only flipped this occasionally and probably didn't quite break even.
Thanks Jerry from all of us.
I have noticed that, thanks for the response.
this is one stock that goes up and down on no news ,very dangerous to get in or out based on pps.
Very heavy volume yesterday, and only 252,000 today.Whats up with that? anybody out there?
Well seems like good volume, it may go up to .02 again, wonder why all the volume suddenly?
Good to see some people interested in this stock!
I have been holding for a while, hopefully some good news will happen soon.
Is that where they just got done building a new building? And now they won't use it?
Good news! I just got off the phone with Matt and he told me that within a month, they will be posting the new contracts. As everyone knows, the deal with Tucson clinic did not fall thru. Their partner bailed out on the deal so thats why their will not be an NHYB clinic in Tucson.
Mms have all the opp. to go down and fill the gap but it seems its holding good at this level but I would feel much brtter if the BIG GAP get fill.
Aside from the fact that the stock price is in the toilet, are you referring to something specific?
Still watching.
I'm waiting on HMGP upcoming news on their new well with most of my powder right now.
Thanks ocs... good luck with your other plays. Right now PMRS committed -
Followers
|
8
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
361
|
Created
|
08/30/06
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |