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ERUG September Update ... press release
MIAMI, FL, Sep 22, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG). We are pleased to announce that both the audited financials for 2005 and the Q's for the first quarter of 2006 will finally be released next week. I know you have all been very patient. In the future all filings will be done in a timely manner. The firm of Mark Liebman CPA has been retained and will be responsible for the task. The first quarter of this year has seen tremendous growth from 2005. Earnings and receivables for the first quarter of 2005 were $186,000.00 compared to this year's first quarter being $526,000.00. expansion projects are moving forward; below I will outline each project.
-- Fort Myers, Fl. -- closing is set for October 1st an existing
urgentcare center with a prime location seeing over 30 patients per day.
-- Deland, Fl. -- closing set for October 1st a family practice with over
4,000 active patients.
-- Las Vegas -- Multi practice purchase currently in negotiations, 6
locations and a 19-year history in healthcare.
Letters of intent are soon to arrive on numerous practices of significant size. These practices will have a major impact on our bottom line. More contracts with major health insurance carriers will soon be announced. The impact that this company has had on the healthcare industry is unheard of. 2006, as was promised has been a tremendous year for ER Urgent Care. We appreciate the continued support of our shareholders and we urge you to look forward to the future for greater earnings and steady growth. And remember our doors are always open; we welcome you to stop by for a visit.
About ER Urgent Care
the only Fun I need will happen when the
recent news is on the street ...
in the mean time ..... buyin' MORE
ER URGENT CARE CENTERS
September 21, 2006
Greetings!
Dear Shareholders:
We are pleased to announce that both the audited financials for 2005 and the Q’s for the first quarter of 2006 will finally be released next week. I know you have all been very patient. In the future all filings will be done in a timely manner. The firm of Mark Liebman CPA has been retained and will be responsible for the task. The first quarter of this year has seen tremendous growth from 2005. Earnings and receivables for 2005 were $186,000.00 compared to this years first quarter being $526,000.00. Our expansion projects are moving forward; below I will outline each project. Fort Myers Fl. - closing is set for October 1st an existing urgentcare center with a prime location seeing over 30 patients per day. Deland Fl. – closing set for October 1st a family practice with over 4,000 active patients. Las Vegas- Multi practice purchase currently in negotiations, 6 locations and a 19 year history in healthcare. Letters of intent are soon to arrive on numerous practices of significant size. These practices will have a major impact on our bottom line. More contracts with major health insurance carriers will soon be announced. The impact that this company has had on the healthcare industry is unheard of. 2006, as was promised has been a tremendous year for ER URGENT CARE. We appreciate the continued support of our shareholders and we urge you to look forward to the future for greater earnings and steady growth. And remember our doors are always open; we welcome you to stop by for a visit.
Sincerely,
Frank Blanco
Investor Relations
until we get to a mkt (OTCBB) ... the
financials release to people who aren't
familiar with the ERUG story wasn't
impressive enough to create a stampede /
volume or price spike .. but still very
glad to see them completed and released
filing the SB-2 with the SEC to move
from the pinks to the OTCBB should
be close behind ...
someone's listening / got the right idea
Price Size Exch Time
0.149 110000 OTO 12:39:44
0.15 2000 OTO 12:19:34
0.15 10000 OTO 12:18:15
0.15 25000 OTO 12:17:29
0.15 50000 OTO 12:17:29
0.15 5000 OTO 12:15:44
0.15 10000 OTO 12:15:23
0.15 10500 OTO 12:15:23
0.15 4500 OTO 12:03:49
0.15 5000 OTO 11:50:49
when the mkt's sellin' ... BUY shares "on sale"
when the mkt is buyin' ... sell 'em back higher
only way to play the pennies / pinks ... good tradin' all
it's my understanding that the release of
financials followed by the SB-2 filing to
request the move to the OTCBB will include a
loan to help finance the continued NATIONWIDE
expansion of ERUG ...
those announcements are future events ...
the mkt has had enuf and is sayin'
" show me the money! "
need to see financials & filing to move to the OTCBB
ER Urgent Care Centers Proudly Announces the Purchase of the First of Four United Urgent Care Units
MIAMI, FL, Aug 22, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) is proud to announce that the final closing has taken place on the first unit of United Urgent Care centers, located in Fort Myers, Fl. The center is located between the highly overcrowded Lee Memorial Hospital and Southwest Regional Hospital. This particular center will become part of the ER Urgent Care Center group on September 1st. "We are very proud to continue our growth and doing it in such a powerful market such as the west coast of Florida makes it even more exciting," said Jerry Miller company Founder and Director. The current patient count averages 28 per day. With ER Urgent Care's numerous marketing campaigns that number will increase significantly. We are happy to say that many of our shareholders have stopped by to say hello and we urge all of you to feel free to stop by for a tour.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
ER Urgent Care Centers Announces Release of Independent Analyst Report
MIAMI, FL, Aug 21, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) has announced the release of a major independent analyst report by OTC Value Watch that places ERUG at $0.51 a share. "We are very proud of this detailed report that has analyzed all facets of our company," said Jerry Miller upon the release of the report. The report further details an intermediate term price of $0.51 with an emphasis on the fact that the company has zero debt, and an aggressive growth rate.
-- THE OTC VALUE WATCH --
Analysis for Micro-Cap and Value Investors
Intermediate Term Price - $0.51
Web Address - www.erucc.net
Market Cap - $12,800,000
Corporate Contact - 1-877-303-3500
August 2006 ER Urgent Care Centers: ERUG.PK Analyst Report
Investment Highlights
-- ER Urgent Care Centers help patients dramatically reduce healthcare
costs. These centers provide highly specialized and individualized care
plans to meet the needs of each patient's specific problems, all while
working together, hand in hand, with a patient's primary care giver.
-- Signed two-time Grammy Award winner Jorge Moreno as spokesperson. Mr.
Moreno was recently featured on Billboard, American Bandstand and Good
Morning America.
-- Plans are underway for additional centers being established in South
Florida, Georgia, Southern Texas and Kansas City as well as nationwide.
-- ERUG has announced that the company's common stock listing will be
moved by an SB2 registration to the OTC Bulletin Board. Having their stock
listed on this exchange will provide additional liquidity and marketability
for their shares.
Company Background
ER Urgent Care Centers provide employee injury, illness and general healthcare programs for the young and the old. ER offers a one-stop medical facility where patients receive premier healthcare, after-hours, at a fraction of the cost of hospital emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor emergencies or illnesses, and the HMO's will no longer have to pay exorbitant claims for non-admitted patients. These centers provide quality care for non-life threatening injuries or illnesses with emergency medicine expertise, state-of-the-art diagnostic equipment and the necessary treatments. These centers are being formed throughout the United States with the aim of providing the highest quality urgent medical care in a very professional and efficient manner. With its roots in Florida, ERUG is planning to expand its operations to other locations through an aggressive growth strategy taking the company to much greater heights in revenues. ERUG has established the concept and is now primed for dramatic growth. The success and growth of these ER Urgent Care facilities so far has confirmed that the public is taking advantage of solid care at a reduced cost.
Focused Growth Strategy
Since the company's initial public offering in 2001, ER Urgent Care's management has successfully implemented a three-point strategy for growth: (1) continued development of high-margin Urgent Care Centers, (2) expansion into other promising markets, and (3) being providers to insurance companies. Already ERUG is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Corvel, Health Insurance Plan and many more. At the current low price of $0.15 per share, we believe that ERUG possesses key characteristics that should command a premium in the small-cap sector. The company has pioneered what we believe is a unique business model focused on the medical field. This strategy has succeeded in the market segments in which the company competes. ER Urgent Care has set up full-service pharmacies in all its centers which allow them to become part of the PHD network. Because of these types of plans and because they have zero debt, we believe that management is developing a credible plan to improve operating efficiencies and drive organic revenue growth, and that these initiatives will become increasingly apparent in the future results. The bottom line is the company is filling a major void in healthcare with its accessibility and availability after hours, weekends and holidays for ER patients.
Investment Conclusions
Unlike high-debt companies that have limited room to maneuver, a debt-free company's growth-rate reflects the unforced, natural expansion of the businesses. Debt-free companies have the full financial flexibility to respond to changing economic conditions. ERUG has this luxury and the ability to pursue growth opportunities both internally and through expansion, utilizing its strong financial condition and its ability to generate internal cash flow. If their business plan is followed successfully and their concept continues to be greeted favorably (and it should), we see a very positive effect on the company's bottom line. This is both an opportunity and a bargain at $0.15 a share.
OTC Value Watch prepared the information and opinions in this analyst report. For this analyst report, $2,500 was received from D Wetzel Consulting. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. The OTC Value Watch does not disseminate, nor is it liable for the dissemination of this analyst report by any third party.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center," model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
should see some news this week !
.15 X .155 172k vol ...
wazzappenning ?
got more this mornin' @ .155
... practicin' what I preach
been fillin' up the pick-up truk
@ .16 or less .. yummm !
77 Mil X .16 = $12,320,000
report said $12,800,000 mkt cap
only way mkt cap is low is
if there are a lot more OS
while the Analysis was a paid for report
"OTC Value Watch prepared the information and opinions in this analyst report. For this analyst report, $2,500 was received from D Wetzel Consulting."
I expect it will be released in conjunction with
other events that are more significant ...
Here is the Analysis info I received on
Aug 4th direct from the erucc.net WEBSITE:
Subj: ER URGENT CARE STOCK ANALYSIS
Date: 8/4/2006 12:30:10 PM Pacific Standard Time
From: info@erucc.net
To: navycmdr
Sent from the Internet (Details)
To no longer receive our emails, click to unsubscribe.
THE OTC VALUE WATCH:
Analysis for Micro-Cap and Value Investors Aug 04, 2006
Symbol=ERUG.PK
Recent Trading Price=$0.15
Intermediate Term Price- $0.51
Web Address =www.erucc.net
Market Cap $12,800,000
Corporate Contact-1-877-303- 3500
Investment Highlights
• ER Urgent Care Centers help patients dramatically reduce healthcare costs. These centers provide highly specialized and individualized care plans to meet the needs of each patient’s specific problems, all while working together, hand in hand, with a patient’s primary care giver. • Signed two-time Grammy Award winner Jorge Moreno as spokesperson. Mr. Moreno was recently featured on Billboard, American Bandstand and Good Morning America. • Plans are underway for additional centers being established in South Florida, Georgia, Southern Texas and Kansas City as well as nationwide. • ERUG has announced that the company’s common stock listing will be moved by an SB2 registration to the OTC Bulletin Board. Having their stock listed on this exchange will provide additional liquidity and marketability for their shares.
Company Background
ER Urgent Care Centers provide employee injury, illness and general healthcare programs for the young and the old. ER offers a one-stop medical facility where patients receive premier healthcare, after-hours, at a fraction of the cost of hospital emergency room visits. With the “Urgent Care Center” model, emergency rooms will no longer lose money on ER patients with minor emergencies or illnesses, and the HMO’s will no longer have to pay exorbitant claims for non-admitted patients. These centers provide quality care for non-life threatening injuries or illnesses with emergency medicine expertise, state- of-the-art diagnostic equipment and the necessary treatments. These centers are being formed throughout the United States with the aim of providing the highest quality urgent medical care in a very professional and efficient manner. With its roots in Florida, ERUG is planning to expand its operations to other locations through an aggressive growth strategy taking the company to much greater heights in revenues. ERUG has established the concept and is now primed for dramatic growth. The success and growth of these ER Urgent Care facilities so far has confirmed that the public is taking advantage of solid care at a reduced cost.
Focused Growth Strategy
Since the company’s initial public offering in 2001, ER Urgent Care’s management has successfully implemented a three-point strategy for growth: (1) continued development of high-margin Urgent Care Centers, (2) expansion into other promising markets, and (3) being providers to insurance companies. Already ERUG is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Corvel, Health Insurance Plan and many more. At the current low price of $0.15 per share, we believe that ERUG possesses key characteristics that should command a premium in the small-cap sector. The company has pioneered what we believe is a unique business model focused on the medical field. This strategy has succeeded in the market segments in which the company competes. ER Urgent care has set up full service pharmacies in all its centers which allow them to become part of the PHD network. Because of these types of plans and because they have zero debt, we believe that management is developing a credible plan to improve operating efficiencies and drive organic revenue growth, and that these initiatives will become increasingly apparent in the future results. The bottom line is the company is filling a major void in healthcare with its accessibility and availability after hours, weekends and holidays for ER patients.
Investment Conclusions
Unlike high- debt companies that have limited room to maneuver, a debt-free company’s growth-rate reflects the unforced, natural expansion of the businesses. Debt-free companies have the full financial flexibility to respond to changing economic conditions. ERUG has this luxury and the ability to pursue growth opportunities both internally and through expansion, utilizing its strong financial condition and its ability to generate internal cash flow. If their business plan is followed successfully and their concept continues to be greeted favorably (and it should), we see a very positive effect on the company’s bottom line. This is both an opportunity and a bargain at $0.15 a share
OTC Value Watch prepared the information and opinions in this analyst report. For this analyst report, $2,500 was received from D Wetzel Consulting. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. The OTC Value Watch does not disseminate, nor is it liable for the dissemination of this analyst report by any third party.
ER URGENT CARE CENTERS
email: info@erucc.net 305-999-0220
I was told ERUG IR was headed to West Coast
of FL today ... should see some news soon
thanks josey ... this board is a far cry from
the everyday name changers on RB and Yahoo
without news of significant events no volume ...
anybody hear status of progress of negotiations
for new centers in Texas, Atlants or new Centers
purchased on West Coast of Florida ?
I've heard audited earnings release should be
Aug and then we will see OTC right behind
had enuf of the RB board cesspool w/name changes
every other day ... as bad as Yahoo boards
ERUG short Interest now avail on Pinksheets.com
beggining the month of July ... previous months
not avail ... here is the Link:
http://www.pinksheets.com/marketactivity/short_interest.jsp?symb=erug
ERUG Announces a Profitable First Quarter
MIAMI, Jul 25, 2005 (PRIMEZONE via COMTEX) -- ER Urgent Care Centers (Pink Sheets:ERUG) is proud to announce a profitable first quarter with a total income of $680,416.11 and a net income of $148,438.11. Jerry Miller, company founder, said, "Most importantly E.R. Urgent Care has opened two additional centers that are not reflected in this first quarter financials. These two centers will show on the third quarter financials. And as previously mentioned, our new C.F.O. Karen Weaver has been working very closely with the accounting firm of Jevitt and Schwartz to soon have all our financials in an audited statement. This is part of our master plan of soon becoming a fully reporting company. This brings our total number of clinics in the Dade and Broward area to six." For further information, please feel free to visit our website. All past, present and future shareholders are always welcome to visit our clinics.
ERUG Receives Favorable Independent Analyst Report
MIAMI, FL, Jul 11, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) announced it has received a highly favorable report from an independent market analyst. ERUG is happy to report that the independent analysis speaks very highly as to the direction the company is going. Also in the analysis is that the methods being used by the company are on target in a booming industry.
Stock Watch
ER Urgent (PINKSHEETS: ERUG)
This company is a must to have in your stock portfolio. Here is a company that is in the right place at the right time. Add into the equation a solid management team along side an aggressive marketing program and you have all the elements of a successful company. Urgent Care Centers is a financially sound company that continues to show strong financial growth with each new center.
ER Urgent (Care Centers) continues to grow in South Florida as well as nationwide. ER Urgent Care currently operates five locations in South Florida and another in Kansas City. Over the next two years, a plan of consistent growth in major markets is on tap for ER Urgent Care Centers. As community service programs are implemented in each of these communities, a steady expansion plan is in place.
If you are not acquainted with the company, ER Urgent Care Centers has pioneered a new dimension of ER health care services for the underserved markets in after-hours complete health care. ER Urgent Care Centers, opened during the hours that most physicians' offices are closed, provide timely convenient and cost-effective advantages for its patients in a warm and welcome medical office setting. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. Urgent Care Centers offers the health care industry a welcome alternative, and a well needed one, to the standard emergency room.
I'm recommending ER Urgent Care Centers as a strong buy. Investors should be paying very close attention to the progress of ER Urgent Care. In my opinion this stock is well undervalued. This company show's a tremendous up side with very little downside. I'm recommending Urgent Care Centers as a strong buy. Our short term target price is $0.35.
Donald Braxton
ERUG Signs Grammy Award Winner as Spokesperson
MIAMI, FL, Jul 05, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) has announced the signing of two-time Grammy Award winner Jorge Moreno as spokesperson. This hometown South Florida celebrity was a Grammy Award winner for "Best New Artist." Mr. Moreno was recently featured on Billboard, "American Bandstand" and "Good Morning America." He recorded the soundtrack for the motion picture "Havana Nights" with music sensation Carlos Santana. He is also a recording artist for Madonna. "As we increase our patient count as well as clinic openings this type of media exposure is vital to the national branding of ER Urgent Care Centers. Welcome to our organization," says Jerry Miller, Company Founder and Director. "We hope that all of you take the opportunity to stop by and visit our clinics."
ERUG chart has broken back above 40day MA ..
bodes well for next leg up .. a positive
divergence between money flow UP and share price down
RB board has degraded into a cesspool of
foul mouth bashers casting false claims
and frustrated investors using language
just as bad .... sad comment on common
courtesy, dignity and integrity in America ...
ERUG Announces New Insurance Contracts Signed
MIAMI, FL, Jun 27, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) announces the signing of FirstGuard, Humana of Kansas and Rockledge, a major workman's comp. provider for such organizations as Wal-Mart, Costco, Target, Lowe's and CVS. We will now be listed as preferred providers with these companies. These signings will enable us to have access to more patients as well as more visibility in the marketplace. Jerry Miller, Founder and Director, said at a recent meeting with company representatives, "We are very excited with this new group of companies added to our list of insurances accepted. This complements the many features our organization provides." Our patient count will increase in Florida as well as Kansas with this new exposure, all this leading to stronger profits and a greater bottom line. Audits will soon be completed with final steps at hand; Jewett, Schwartz and Associates CPA have done a fine job. Our Attorney Joe Emas is very excited to complete the SB-2 registration for our move to the Bulletin Board, a major milestone in the company's history. Please feel free to visit our clinics for a first hand look.
the huge increase in vol over the past 3 days
was pretty obviously not brought brought about
by the PR's message ...
the spam fax that was sent out(and I have not seen it)
to as far away as the WEST Coast(a friend said he got
one at his business) brought an enormous cache of
fresh meat (I mean new investors) to the grasslands
of the Serengetti for the Lions and Cheetahs ...
if you look at the candlestick chart Link below it displays
3 gap up days (gaps are most often retraced to and filled)
with Fridays mkt activity (dark candle) closing lower .23
than the open .2375 ...
http://www.candlestickchart.com/cgi/chart.cgi?symbol=erug&Submit=Analyze
so I would expect some very normal profit taking next
week to fill the gaps (.17-.20) & (.21-.23) and short
timers taking their nickels to Mickey D's and Burger King
but you never know with the craziness of the mkt
the trades were hundreds of small bets 1-20K instead of
larger blocks (50-100K's) placed by bigger players
or institutional traders ... have a great weekend !
wholeheartedly agree Tina ... TAMPA center
was actually opened in response to a request
by the insurance providers that work with
ERUG ... financials due by end of JUNE
followed by S-B-2 filing to OTCBB ...
that will open an entirely new and
IMHO stronger list of investors ... GLTA
.18 X .188 250k vol 1st 20mins
U.S. Emergency Rooms in Crisis ER Urgent Care Centers to the Rescue
America's Emergency Room crisis has reached epidemic proportions. In a recent report published by the Institute of Medicine it has become apparent that the crisis is far greater than first estimated.
With a population growth of 12% emergency rooms are experiencing 27 percent increase in visits, from 90 million to 114 million. What is worse 425 emergency rooms nationwide have closed, 700 hospitals have closed and 200,000 beds are no more. In addition 50% of all hospitals are losing money. Wait times in some major cities are as high as nine hours. The report also suggested that 22% of accident victim deaths in the emergency rooms were preventable. ER Urgent Care Center is now poised with its national exposure growing to help in the easing of this crisis. With no immediate solution to the problem ER Urgent Care Center is sitting with numerous municipalities and major hospital organizations as part of a think tank to alleviate the problem. Jerry Miller, Founder and Director, said, "We are honored to have been selected to be part of this elite group of organizations within the health industry. Once again ER Urgent Care Center is setting the trend in health care."
ERUG Centers Honored With Feature Article
MIAMI, FL, Jun 15, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) has been the recipient of a feature article by a prominent South Florida Newspaper. The Sun Times wrote an exclusive article in its Inside Health section on Er Urgent Care Centers and its many healthcare features. The article went into much detail regarding the advantages of using our urgent care center. The influence of the article has been felt by the increase in patients mentioning the article to us. With photos of the facilities the readers have a clear picture of what we offer. Interviews with employees were also included in the article. "We are once again very proud of the attention we have earned, both within the local community as well as Wall Street," said Jerry Miller, Founder and Director. We hope that all investors stop by our centers for a visit.
ERUG news Link:
http://www.thenewssvc.com/ERUG061206.html
3 more Centers negotiating in TX, 4 more
in Altanta and 4 more being purchased in
FL ... financials release soon then S-B-2
ERUG Announces Tampa Grand Opening
MIAMI, FL, Jun 12, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) ER Urgent Care Center has announced the grand opening of its eighth center. It is located in Tampa, Florida, an area that is in desperate need of healthcare facilities. Hospital Emergency rooms are overwhelmed and are turning away patients on a daily basis. The initial estimates for daily patient counts should exceed thirty. With an average of $200.00 in fees per patient, the net profits for this location will be significant. Also the proximity to Saint Joseph Hospital will play a major role in patient flow. The average wait time at Saint Joseph's emergency room exceeds six hours. Jerry Miller, Founder and Director, said at a recent press conference, "We are very excited with this Grand Opening. We have now entered a vital market for Urgent Care, an area with a great need for Healthcare." We hope that all of you can stop in for a visit.
ERUG Centers Updates Purchase of Florida Clinics
MIAMI, FL, May 26, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG). As negotiations are coming to a completion in the purchase of United Urgent Care Clinics we are very pleased to update you with more details. The main office of the four clinics is located at 3594 Broadway, Fort Myers Florida and is the largest revenue source of the four with over $800,000 in net revenues. The square footage of the locations are as follows Spring Hill is just over 2,000 Sq feet, Fort Myers are both over 2,000 Sq feet and Port Richie is the largest at 2,700 Sq feet. The average daily patient count for each center is approximately is 25. Upon completion of the acquisition it will bring our total clinic count to 12. With these new clinics we are continuing our commitment to the National Branding of the name ER Urgent Care Center as a leader in both healthcare and in the urgent care industry. We hope that you soon stop by and pay us a visit.
ERUG Signs Agreement to Purchase 4 Centers
MIAMI, FL, May 23, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG) has entered into negotiations for the purchase of United Urgent Care Centers. With four centers in Southwest Florida, United will increase ER Urgent Care Centers' presence in the highest population growth sector in Florida. With locations in Port Richey, Sanford and 2 in Fort Myers, our expansion projections have been surpassed. Since these centers have been in business, some for over 18 months, a built-in cash flow is guaranteed. One of the centers in Fort Myers will add over $800,000 in net revenues per year to our current income. Now, with five centers on the west coast of Florida, we can minimize costs of operation and significantly increase profits. "We are very proud of this move into such a powerful growth area," said Jerry Miller, Founder and Director. "Tampa for example has not seen a new hospital built in 27 years. People are in serious need of medical attention, and ER Urgent Care Centers can bring that to them, with the highest quality healthcare available. We hope that you can all come by and visit our centers and enjoy a tour."
ERUG Announces Ltr of Intent for Atlanta Urgent Care Centers
ER Urgent Care Centers (OTC: ERUG) has announced it has received a multi unit offer to open centers in the Atlanta Area. An organization with numerous ALF's in both Florida and Georgia has issued a letter of intent. Lead by Dr. Xavier Moore, the company has a very successful track record in healthcare. Openings are planned for the late summer with the first to be in the Centerville, GA area. ER Urgent Care continues with its commitment of steady and profitable growth. Jerry Miller, Founder and Director, said at a recent press conference, "We are very excited about entering this part of Georgia the demographics and the demand are a true blueprint for success." We hope to see all of you at the grand opening.