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I am beeing redirected to this website:
http://www.americanhealthchoice.com/
Wonder who is behind this company.
Is this company, that I have so many shares in, even treating patients down there in Florida? Anybody been there lately?
I would love to know the latest scoop. I own a lot of shares and have for a long time. Please share.
ghost.. o where o where have you been? Wanna know how the beers are tasting with Stucki and what the latest scoop is.
Could happen if they really cleaned the shell like they were supposedly doing last summer there certainly could be some private companies interested in listing through AMHI.
Maybe AMHI can morph into a pot stock LOL.
rags, unfortunately it is what it is, management who took most of the shareholder 's to the cleaners.
Haha. Makes you wonder if the people posting here(saying they are in contact with them) giving false hopes are just posting *hopeful* stuff to keep some from reporting things to the SEC. You only have so long to file a complaint!
Does anyone have any telephone number that AMHI management can be reached at, I have tried a couple of them and they are no longer connected. Thank you.
Do you believe the individuals with preferred shares that stucki and others own will make out better than the common shares? Also, if they every did sell the shell, how would they know who owned any shares for the people that wrote this off as junk in some previous year? For the people that did, where do those shares even go that they owned? They probably didn't own much in the first place to effect your numbers.
If you keep the carrot out and you keep chasing it, it keeps you from thinking about any legal action. That's my guess. We have been hearing about this audit for how many years now?
Is there anyone here that still beleives that management is on the road to have cleaned up the company and that anyone is really looking at buying the shell. We close up another year today, September 30th, for AMHI? This has been such a rip off for the AMHI shareholder's as the history of the company has shown. It has been one of the best lessons to have learned on making sure one does their real DD on any company and not to focus on any forward looking statements companies make. MO GLTYIYOI
Another half month gone by and still nothing, this has been a real joke played on the shareholder's, as their record continues.
Splash59, with all due respect, the company is now saying that they are being audit now in order to hioefully get a better price for the shell. What next, do we all keep noticing that it is always something else tp be done in order for something to materialize with AMHI. Do not hold your breath, it still may never come in our lifetime. MO
Dr. Voracek confirmed to me in a reply that the company is beeing audited...that will make it easier to re-list and sell the shell at a higher value and also that it would help cover the cost of the audit.
From Ghost2000:
So, as said many moons ago, this situation was practically dead a VERY LONG YIME AGO. AND how long does it take to clear up the shell, years? I just hope folks have learned a very valuable lesson, stay fairly clear of evasive CEOs, especially the ones that do not know anything about running a bussiness. GLTA
i had been out of the country for some months at times. asked for and got the following input. looks like the pinks are off for what ever reason (money would be the key reason).
"They are cleaning up the shell eliminating debt and preparing shell for market. The tax loss carry forward has more value than clinics that break even that no one really wants to own."
based on this information, we are cooked as an on going company and looks like the shell will have any value. my concern here is a shell not listed has very little value. therefore, the only value will be in the 6 million or so carryover tax loss.
based on my experience in this matter, take into consideration the acquiring companies tax rate and times about 60 to 70% and that is what we will get at most.
simple math, 6,000,000 estimated loss, presuming a 35% tax rate times 60% is about 1,260,000 and with about 200 million shares out there that would be about .0063 per share.
the reason for the lower numbers is because we are not a listed company thus only the tax loss has value not the shell. if we were listed, the shell could have value from 300 to 600,000 not much more.
hope this information helps.
of course, this is my option and anybody here can and should do their own investigation.
old man
Also, Ghost even has an email that says they would go back onto the pinks. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50838893
For what its worth, I attempted to contact AMHI via the email address as suggested here, and in a very professional manner. People claimed they did get a response from him... I did not.
BTW, if you watch the video here, you will see Stucki talking in a couple small sections.
http://www.nbcdfw.com/weather/stories/Drought-Dwindles-Texas-Pumpkin-Supply-130233298.html
I'll never understand why he didn't quickly get us back on the OTC like he told me(us) they were working toward/in the process of doing. He should have been up front with me(us) back then. I hope everyone by now has written their letters to the SEC.
We are plowing right along in time as this month is still rolling by and yet nothing, who is management trying to kid. GLTA
We are plowing right along in time as this month is still rolling by and yet nothing, who is management trying to kid. GLTA
splash59,Yep. Only 10,000 shares, I kept them to always remind me what can happen when one does not do enough proper DD in a company and just wants to almost give them blind trust. Dr. Stucki was a doozi, he may have been able to practice being a chiropractor but he sure could not run any business, almost twenty years to fold up the business. GLTA in their next endeavor in the stock market.
Hey Searay, do you really own shares of AMHI?
It has been eleven says since the last post and still nothing from this company. Has anyone heard a peep from the person at the helm or has everything totally fallen through yet? Now just about the middle of August and what have we seen yet, nothing. They could not run a business and seem not to be able to even sell the shell with tax write offs, what a crew their. MO
And that may well be true. But I think a couple of board members, such as Dr. Voracek, are working very hard and diligently to wrap this up, and have made major moves to do so. And something is always better than nothing.
The same song by this company has been played here for years. If anyone really thinks that they are going to get something decent here as a shareholder I believe they will be surprised, maybe a couple of pennies on their $$ invested here, if lucky. It may be stated that what they have is worth 5-6 million but what someone will pay is another thing especially if that buyer researches as to where this company came from in it;s try to make a go of it for over eighteen years and ended up this way. Even taken into account AMHI's carry forward losses probably will not bring really make anyone chase after it unless the new entity can bargain down the deal. A long time in coming for this company who emptied a lot of the shareholder's pockets. MO
I totally agree.
Yes, I do, when the shell sells.
I think they have $5-6 million in tax write-loss value, roughly the same in buildings and cash, and they have a trading symbol. Nice package for someone to step in to.
Now really, does anyone here still think that they are going to get any kind of a payment from AMHI in the future?
Dr. Voracek owns 15 million shares and I know that for the first time in several years he could bring some value to those shares... SO DO I! I still own my shares nothing was dissolved.
splash
Don't they have 5-6 of these clinics in various areas - clinics they actually own? I think David indicated such.
That's assuming it was sold. Not sure if public records exist on a sale like this. Also, I'm curious if anyone here really understands if we still really have shares or if they were dissolved once AMHI was delisted. If so, and AMHI was to sell the shell, wouldn't AMHI need to get in contact/track down anyone that owned shares if the shares do indeed still exist?
Let's see, a $2 million per annual income, capitalized at 20 percent, is $5 million
"TX San Antonio : San Antonio, TX: Beautiful clinic for sale in San Antonio, Texas. Clinic has done $1.5 - $2 million per year for 10 years. Will sell with or without receivables. Contact Dr. David Voracek at (972) 814-8300 for more details. Please contact Dr. David Voracek
, San Antonio , TX us
972.814.7600 Fax E-Mail davidpvoracek@gmail.com posted:4/8/2013 05:37:22 PM expires:7/10/2013 05:35:00 PM #12884937114"
http://webcache.googleusercontent.com/search?q=cache:OeEKwcfZv1MJ:w.parker.edu/Professional/Classifieds.aspx%3Fcatnumber%3D15+&cd=8&hl=en&ct=clnk&gl=us
Think they can get $7 million for the shell? Assuming tax loss of $6 million, property at $1+ million, cash (unknown) and a stock trading symbol, etc, all wrapped into one package.
They are beeing audited as we speak. Most of the creditors have been paid... I don't know if it's 75% or more or less.
75% if creditors cleared? Audit done shortly?
Seems most of the money owed to creditors have been cleared. I strongly hope this turns out good for the longs here.
splash
Now if we can get Dr. Stucki to forego some of his millions of shares, we are set for the buyout.
From what I have heard the shell cleaning process is 50% done and they also started the auditing.
splash
OK, this is now July 2013 and with due respect, does anyone really think that the shareholder's of the present AMHI will ever see anything come to fruition here of any kind. Management has played this game for years with it's shareholder's, the record does not lie. MOO
I really think they will get something done.
This guy, David Voracek, has been responsive - davidpvoracek@gmail.com
starstocks, I have tried calling and emailing to be in contact with magement, no response. I do not trust them just like I should not have ever trusted Dr. Stucki. They may have been good at general practice but as for being the head of or controlling a business they should be rated 0. I should have know way back when Dr. Stucki did not even know when some one was bascically steeling from the company and Dr. Stucki could not get some businesses to pay up their bills, just kept delaying payments, that he had no controll of the operations of the business. That company has always been a mess and I do not feel that they will ever get things fairly straightened out in order for the shareholder's to even a penny on the dollar out of their investment. Over twenty years and each of those twenty years they got in deeper and deeper to where they are now 0. MO GLTA
I know for sure that they are woking at getting rid of the debt and leave a clean shell, we should know more during the summer.
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American HealthChoice
Dr. J.W. Stucki --- has stepped down as ceo.
http://www.americanhealthchoice.org
The Company has reduced its clinics to a core of six profitable clinics that should bill approximately $5 million in 2008. The clinic operations will continue to contribute profit and will be cash positive in the foreseeable future. AMHI continues to reduce corporate expenses to less than $400,000 annually.
Employees
As of June 30, 2007, the Company has approximately 40 full-time employees. AHC Medical Clinics operates "8" medical clinics located throughout the Southeast USA with another "35" clinics in the Affiliated Clinic Program.
Condensed Consolidated Statements of Operations (Unaudited) Three months ended Year ended
American HealthChoice, Inc. and subsidiaries (the Company consists of a parent company and 55+ owned and affiliated clinics (13 owned and 42+ affiliated) providing medical, physical therapy, and chiropractic services in Texas, Kansas, and Tennessee. Substantially all of the Company's revenues are derived from chiropractic, physical therapy and medical services provided to individuals living in the vicinity of the clinics.
Corporate Offices
7350 Hawk Road
Flower Mound
Texas 75022
Tel: (817) 837-8000
Fax: (817) 837-8004
American HealthChoice
NEW CEO --- Pat McGlashan
http://www.americanhealthchoice.org
OMNIBODYSCAN IS FDA APPROVED!
Pain, Itching Part of Rare Breast Cancer
IBC's Nontraditional Symptoms Make It Hard to Detect
http://www.abcnews.go.com/GMA/OnCall/story?id=2553137&page=http://www.ibcresearch.org
RehabCo's first product will be the OmniBody Scan, an infrared imaging camera. The OmniBody Scan will be an adjunct diagnostic tool to highlight areas of abnormality within the body. When the OmniBody Scan is used as an adjunct tool, it will be able to identify problems early enough for prevention and treatment. Our initial focus will be the worldwide problem of breast cancer. The dilemma that all women have is that having X-rays to detect cancer may cause cancer. The OmniBody Scan will be a non-invasive tool that will have no harmful side effects.
AMHI consists of 3 main subsidiaries
1. AHC Medical Clinics - Consists of both company owned and affiliated medical clinics. The Division's strategic business model for its Affiliated Clinic Program has two components. First, a medical clinic owned by a physician with an established patient base and experience in treating personal injury and workers compensation patients. Second, multiple marketing resources to direct prospective patients to the clinic.
2. RehabCo Inc. - RehabCo has exited the business of spinal decompression and entered the business of distributing revolutionary and cost effective medical solutions. It is not our goal to manufacture or distribute commodity products. Rather, as a division of American HealthChoice, our goal is to provide medical equipment solutions that are technologically ahead of the curve.
RehabCo has an internet website at http://www.Rehabco.com
3. TelMedCo Solutions, Inc. - formed in June 2005 to embrace the revolutionary technology of Telemedicine and to provide second opinions to patients of the Medical Clinics Division.
TelmedCo has recently joined forces with Aastra Telecom, a North American business unit of Aastra Technologies Limited. Aastra Telecom is a supplier to Verizon and a partner with BroadSoft, Sylantro, Metaswitch, Asterisk and other VoIP leading edge companies. Another reason that TelmedCo chose Aastra Telecom is their "roaming" or "mobility" solution.
Currently TelmedCo provides second opinions to company-owned and affiliated clinics as well as four clinics outside the Division's network. As of September 30, 2005 TelmedCo had 8 Production systems in place. In December of 2005 TelmedCo put in place the infrastructure to expand into Tennessee. This will bring the total number of systems to 14 production and two test systems. TelmedCo will continue to expand in Texas and Tennessee as well as in other states.
Telemedicine is the use of technologies such as video conferencing and electronic medical devices, combined with medical practices, and medical specialists that are organized and connected to provide health care services over telecommunications network to patients that are separated from the doctors by distance. TelmedCo's Telemedicine solution provides healthcare to patients by utilizing digital technology, including electronic stethoscopes, ophthalmoscopes and otoscopes, which virtually connect the patient to the doctor. The initial roll out using this emerging technology has been among company-owned and affiliated clinics as well as clinics outside the American HealthChoice umbrella. The revenue stream comes from second opinions provided by physicians of the Medical Clinics Division.
Company websites
American HealthChoice
CEO; Pat McGlashan
http://www.americanhealthchoice.org
http://www.rehabco.com
http://www.omnibodyscan.com/
http://www.telemedco.com/
Key Financials
- Shares Authorized 200,000,000 as of 3/30/2007
- Shares Outstanding 165,000,000 as of 9/15/2008
- Float 50.4 million as of 3/30/2007
Known Key Financials as of ~1/10/2007
- Institutional Ownership (%) .20(Geduld & Co 175,000)
- Top 10 Institutions (%) .20
- 5%/Insider Ownership (%) 54.86
Golden Gate Financial Group:
- Shs Held: 10,890,916
- $ Market Value:751,473
- %Out 9.8
- Diluted Shs: 10,890,916
--Insider Ownership = 52,710,041 common shares 48.7%
--2005 Revenue at $11.5 million
--2005 $763,107.00 operating income
--2005 Basic Fully Diluted EPS .01
--2006 EST Revenue $17-20 million
FILINGS LAST KNOWN; UPDATED 05-02-11 --- REGISTRATION STATE LOCATION; TX/STATE OF INC.,NY.
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000854862&owner=include
SEC Home »Search the Next-Generation EDGAR System »Company Search »Current Page
Mailing Address
7350 HAWK ROAD
FLOWER MOUND TX 75022 Business Address
7350 HAWK ROAD
FLOWER MOUND TX 75022
9725380122
AMERICAN HEALTHCHOICE INC /NY/ CIK#: 0000854862 (see all company filings)
SIC: 8011 - SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE
State location: TX | State of Inc.: NY | Fiscal Year End: 0930
(Assistant Director Office No 1)
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American HealthChoice
NEW CEO --- Pat McGlashan
http://www.americanhealthchoice.org
http://www.americanhealthchoice.org/articles.cfm?art_ID=82
June 23, 2011 Contact: Dr. Stucki
AMERICAN HEALTHCHOICE ANNOUNCES APPOINTMENT OF NEW CEO; AUDIT AND RE-LISTING ANTICPATED
June 22, 2011 - Flower Mound, Texas - (PR NEWSWIRE) - American HealthChoice, Inc. (OTC BB: AMHI) announced today that it has hired Pat McGlashan as its new CEO. Pat replaces Dr. J. W. Stucki who resigned effective December 31, 2010.
Pat has worked for AHC over the past six years as President of its wholly owned subsidiary, RehabCo. Before coming to RehabCo, he held several executive and management positions with leading telecommunications companies such as AT&T, ITT and Southern Pacific Communications (now Sprint).
Pat expressed his pleasure at being appointed the new CEO of American HealthChoice, Inc. and states that his priority will be the hiring of new auditors and returning AHC to trading status.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934.
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