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I love you Jmap. Gooo OIL!!
Sounds good to me. It's a tad better idea than getting into the BIO market these days when the process is not even break even.
Anything is better than "funding" as a process for generating a cash flow in the company.
OOAG_LONG Thank God you have come into our lives. It is amazing in the way you can work these I Boxes so well. And, You have so much to share on The Blackdragon shareholder thoughts and processes. I Know all of us can't wait till your first Birthday. You are the bomb at your two week Birthday. In a year your resume will be a mile long. BTW, I'll try giving you a mark. Not sure if it will stick without me having a paid membership but I'll give it a try.
GOOO OIL!!
LOL it wouldn't stick. I wonder what that is telling me?
You sure know how to spot those scams. And yes the reply was for the other guy.
Yes and those other boards the pumpers and bashers are going fist to cuff at.
ONE ATTA BOY FOR YOU!!!!
fAt, Now you can't say you are not compensated for your posts.
There goes my 2nd post of the day I have been allocated on this board. GOOO Oil!!!!
Now everything is on the up and up!!!
Puttay3, Please read my post about dome wells. Your EOR will only work if resivoirs have more than one well in them. Most of the resivoirs in a dome are very small and you can't flood them. Now if you want to do a huff and puff you can but why???? There isn't enough oil on a small resivoir to ramp up this huge process. Let's face it Dome wells look good on the logs but are really just popcorn fa..s
FYI about franchise operations in the healthcare field.
http://community2.business.gov/t5/The-Industry-Word/Health-Care-Related-Franchise-Opportunities/ba-p/22646?cm_mmc=GovDelivery-_-061610-_-weekly-_-community
.
It’s fair to say that over 30% of the folks I talk to about franchise ownership, whether it’s in a seminar setting, or during a franchise opportunity consultation, bring up “Home Health Care Franchises.”
These are some smart people.
The changing demographics in the US are a huge factor in the popularity of franchise concepts that are tackling our aging population.
This year, in my annual *“Franchise Trends” article over at the Small Business Trends website, I started off with the following;
“In two years, the oldest of the baby boomers will start turning 65. The baby boomer bulge will continue padding the senior population year after year, growing to 1 in 5 U.S. residents by 2030.”
(Those figures come from * AARP International)
It’s no wonder that there are over 30 different home health care franchise concepts that are actively seeking franchisees.
Numerous articles and even a special report have recently been published about this hot franchise sector.
The folks over at *FranchiseHandbook.com pointed out that, “the scope of opportunities to be met will be vast, and it will increase as the percentage of the total population aged 50 and up continues to grow. According to "The Maturing of America," a report described as the most comprehensive ever on the aging-readiness of America, fewer than half of U.S. cities and counties have plans in place to meet the needs of aging baby boomers.”
Over in Small Business Cents, (part of the Business.Gov Community) NicoleD discussed the need for service providers. She also informed the community of some US Government grant money that could be available;
“In 2007, the Centers for Medicare and Medicaid Services (CMS) announced that $1.75 billion in grant money would be distributed to states over five years (2007-2011) to help shift Medicaid’s traditional emphasis on institutional care to a system offering greater choices that include home and community-based services. Contact your state’s economic development agency to learn if funding for senior care facilities is available in your area.”
I would strongly suggest that you contact your local economic development professionals and find out if your area of the country qualifies for grant money. That would be a good way to start a business!
Recently, the folks over at Franchise Direct released a comprehensive Home Health Care Franchise Report. According to Franchise Direct’s editor, “the data contained in the report was drawn from the Franchise Disclosure Documents (FDD) of a representative sample of 18 home care franchises and published industry sources.”
Considering that there are, at last count, over 30 different franchise providers of these services, the fact that they were able to collect information from 18 of them is substantial.
*Here’s the report.
I need to point out one major thing that’s missing from all of these articles and reports, and it’s not a slam on all of this excellent information.
This is an outbound-sales type of franchise. If your visual of a Home Health Care franchise consists of watching throngs of needy clients busting through your doors anxious to do business with you, you’re going to be sorely disappointed.
You have to go out and call on hospitals, nursing homes, and pharmacies, for starters. You’ll also be hobnobbing with powerful estate attorneys, wealth advisors, and stockbrokers in an attempt to create some really strong referral relationships.
The bulk of your business will be coming from the relationships that you make during your first year or two as a franchise owner.
If you’re outgoing, and consider yourself a good networker, then a franchise business like this may be right for you. (Plus, you must have a serious amount of compassion for others)
Total investment amounts for these types of franchises range from around $120k-$200k.
In summation, if you’re thinking about entering a hot sector like the home health care market, make sure you understand what your role will be, as the franchise owner. If you are a fit, it could be a great way to secure your future.
(The Franchise King ®, Joel Libava, is president of Franchise Selection Specialists Inc. Joel helps those interested in exploring franchise ownership all over the country find great opportunities that are a great match for them. He is frequently called on by the media for his no-spin insights on the world of franchising. Joel is also deeply entrenched in social media. His latest project is an educational one, featuring rich informational guides on franchising, which can be found at Franchise Online University.com)
For everyone who thought there is money in the staffing business , you are correct. There are two pitfalls MSN fell into in my opinion.
First, MSN had only company owned offices. The model of having Franchise offices as a revenue stream was not used. This was a huge mistake. Everyone knows that a business is run leaner, more efficient, and and more focused when an owner is present.
Second, in the past MSN raised tons of money selling stock. Over the past few years they have been able to supplement their income with these monies. Had MSN done their cost cutting program when they still had those reserves they would have been able to become more profitable.
There is another company staffing Hospitals, Doctor's offices, Nursing Homes, Jails.... that has not followed the MSN model. This Company is ATC Healthcare (AHNA) http://atchealthcare.com/ .
ATC has a very low float, thin trading everyday. When they do release news this stock will walk up with little resistance.
I believe good news will be released at some time. The Staffing business has been increasing since the economy tanked almost 2 years ago.
What's EOR?
Dang Now I had to use my 2nd and last post of the day to find out this. GOOO OIL
A little geology about domes.
It is almost impossible to determine the reserve of a dome well. Most of of the new holes today will not pay out. The sands that were turned up by the plug, moving toward the surface, become many resivoirs. Most of them are very small in the number of acres they cover. This is why soooo many marginal wells can be drilled on a dome. Just go to a map of Anderson county denoting all the wells drilled and you can see for yourself. A ton of wells producing less than 5000 bls. are the norm.
One good thing about having leases on a dome is it is a promoters paradice. Hard to have a dry hole when drilling on structure. A hell of a pR follows the completion. Everyone jumps for joy, High fives each other.....then in a week or so there is another AFE going out to the working interest owners asking for money to pay for a pumping unit, workover rig, rods, pump, electrical hook up, supervisor time.....and on and on and on. This is because the well has died and the BHP has go to nada.
LOLOLOLOL Anderson county has bazillions of BBLs of oil under the surface. A couple of questions... where would one drill? How deep? What would be the rate of return for the well drilled.
The ATC system seems to be working better than the MSN one. They operated with only Corporate offices. ATC operates with a combination of Corporate offices and Franchise offices. Here is an article explaining why MSN's stock is heading to zero.
Medical Staffing Network Holdings is preparing for a Chapter 11 filing that would turn over the company to creditors and wipe out its shareholders.
The Boca Raton-based nurse staffing company (Pink Sheets: MSNW) has been battered by declining revenue as hospitals cut back on temporary staffing in favor of less expensive labor.
Its revenue fell to $340.9 million in 2009 from $537.8 million the year before, and its constant losses have ground away at its cash reserves.
Its Boca Raton-based rival, Cross Country Healthcare (NASDAQ: CCRN), also had a decline in revenue, but turned a profit in 2009 after cutting expenses and it recently worked out a deal to reduce its line of credit.
While Medical Staffing would continue under the restructuring agreement the company reached with its creditors, its Securities and Exchange Commission filing on Tuesday did not say what types of changes would take place.
Medical Staffing President Kevin Little did not immediately return a call seeking comment.
The restructuring agreement says Medical Staffing would file Chapter 11 in U.S. Bankruptcy Court by June 28. It would then enter into an asset purchase agreement with its first lien credit holders, led by General Electric Capital Corp. (GECC), to buy Medical Staffing’s assets in a stalking-horse bid.
Unless an outsider bidder submits a better offer, GECC’s lending group would trade its $95.1 million credit to the company for its assets. It also would provide Medical Staffing with $15 million as debtor-in-possession financing to cover its cash needs as it attempts to stem the red ink.
The second lien holders, who are owed $25.2 million, agreed not to object to the sale.
It could take about 55 days during the bankruptcy process for the judge to approve the sale, the SEC filing stated. Medical Staffing said it plans to have its stock deregistered within 90 days.
“Following the sale of the company’s assets to the first lien lenders pursuant to the asset purchase agreement and the completion of the company’s Chapter 11 proceeding, it is not anticipated that any value will be available for distribution to the holders of the company’s common stock,” Medical Staffing stated in its SEC filing.
Medical Staffing shares trading at under a penny on Tuesday afternoon, after reaching a 52-week low of 3 cents earlier on Monday. The 52-week high was 72 cents on Nov. 16. Its market capitalization was only $1.12 million.
Medical Staffing officers and directors, including Little and Chairman and CEO Robert J. Adamson, own 74 percent of its stock.
In addition to GECC, the first lien holders set to acquire Medical Staffing include SunTrust Bank, Bank of America, Hewlett-Packard Financial Services Co. and a host of investment funds organized by Dallas-based Highland Capital Management.
Miami-based law firm Berger Singerman is representing Medical Staffing in bankruptcy court.
Medical Staffing Network Holdings is preparing for a Chapter 11 filing that would turn over the company to creditors and wipe out its shareholders.
The Boca Raton-based nurse staffing company (Pink Sheets: MSNW) has been battered by declining revenue as hospitals cut back on temporary staffing in favor of less expensive labor.
Its revenue fell to $340.9 million in 2009 from $537.8 million the year before, and its constant losses have ground away at its cash reserves.
Its Boca Raton-based rival, Cross Country Healthcare (NASDAQ: CCRN), also had a decline in revenue, but turned a profit in 2009 after cutting expenses and it recently worked out a deal to reduce its line of credit.
While Medical Staffing would continue under the restructuring agreement the company reached with its creditors, its Securities and Exchange Commission filing on Tuesday did not say what types of changes would take place.
Medical Staffing President Kevin Little did not immediately return a call seeking comment.
The restructuring agreement says Medical Staffing would file Chapter 11 in U.S. Bankruptcy Court by June 28. It would then enter into an asset purchase agreement with its first lien credit holders, led by General Electric Capital Corp. (GECC), to buy Medical Staffing’s assets in a stalking-horse bid.
Unless an outsider bidder submits a better offer, GECC’s lending group would trade its $95.1 million credit to the company for its assets. It also would provide Medical Staffing with $15 million as debtor-in-possession financing to cover its cash needs as it attempts to stem the red ink.
The second lien holders, who are owed $25.2 million, agreed not to object to the sale.
It could take about 55 days during the bankruptcy process for the judge to approve the sale, the SEC filing stated. Medical Staffing said it plans to have its stock deregistered within 90 days.
“Following the sale of the company’s assets to the first lien lenders pursuant to the asset purchase agreement and the completion of the company’s Chapter 11 proceeding, it is not anticipated that any value will be available for distribution to the holders of the company’s common stock,” Medical Staffing stated in its SEC filing.
Medical Staffing shares trading at under a penny on Tuesday afternoon, after reaching a 52-week low of 3 cents earlier on Monday. The 52-week high was 72 cents on Nov. 16. Its market capitalization was only $1.12 million.
Medical Staffing officers and directors, including Little and Chairman and CEO Robert J. Adamson, own 74 percent of its stock.
In addition to GECC, the first lien holders set to acquire Medical Staffing include SunTrust Bank, Bank of America, Hewlett-Packard Financial Services Co. and a host of investment funds organized by Dallas-based Highland Capital Management.
Miami-based law firm Berger Singerman is representing Medical Staffing in bankruptcy court.
I'm Hapy!!! Goo OIL!!!
I didn't say buy stock. I said buy their gas for awhile. If they are not able to get the bills paid on their own we will all have to pay. Our President is looking for a way to collect money to put into a fund to clean up such messes. This fee will be required of XOM and everyone else producing in the Gulf.
No need to give the whitehouse a reason to tax more. Just my two cents.
Just drive past the Citgo to the BP if no Exxon is close by.
Looks like Chapter 11, maybe. Buy it for a bounce and you'll stand the chance of bouncing checks when it goes down farther. Not the bounce I assume anyone is looking for.
Do you see any uptick to indicate a bounce?
How do you like my two hair haircut? Pretty isn't it?? GOO Oil!!
Just the shorts covering.
I was looking on My TDAmeritrade Charts and Graphs system. Where would I find the Graph, curve, or whatever showing the activity of the shorts for GE or any other stock? TIA ROXXCOO
FUNINTHESUN got suspended. What the Hey did one of the assistants do??? GOOO OIL!!!
FYI I can drill a well(oil or water). May even have a background check in my back pocket. If not Miles can get me one in a snap.
There goes my second post they have allowed me. Just thought someone may want to know this stuff.
ROX( The Gusher Driller)
Where's Rongarden when you need him to pump a stock?
It's beyond me why he gets the primo post 15000 and everyone else is left high and dry. It is really not fair. Go OIL!!
thanks for the help!!
Does Brooks need an assistant on the East coast???
Good Day Everyone!!
Is there anything here Elmer???
Great news. These days we are trading above MSNW. Who would have thought this could happen?
This is really bad.
Hope is what we need.
Lots of bagholders from the fifty cent run.
Cheers Everyone!!!!!
Good Afternoon Everyone!
Is it still hard to know who to believe?
As per plan?
The next time you have fries I hope the empty bag doesn't remind you of fAt or something else. GO OIL !!!!! Hold em BOPs!!!!!
Hey I just came across this. Might cheer everyone up. This was an email about Viagra. It's really funny to read. It is obvious the person writing this ad. has gone blind. LOL
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Expert on Shorting I see?
Good to know you are out there saving the nut bagholders everywhere.