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Monday, March 16, 2015 10:11:03 AM
Erwin continued, "This acquisition certainly meets our criteria and post-closing, and would position OCLG with a total of $15.6 mm in annualized revenues, positive earnings and operational cash flows. We also are in the initial phases of our due diligence with an additional Home Medical company that has $10.2 million in annual revenues. The acquisitions along with our operating subsidiaries in health services and medical devices will support our strategic objective to achieve $35 million in annual revenues and $3.5 million of positive EBITA in FY 2015."
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