Pacific Health Care Organization Inc. (PFHO)

[jbaxter]

Wasn't as bad as I would have feared. There remains the 5% holder from Illinois, and they have picked up some business during the year:

"To partially offset the loss of MPN revenue during 2015, we added one new customer in April 2015 and five new customers in July 2015". The loss of AmTrust will be fully felt next quarter, so that will hurt.

Company has about 10X more cash than liabilities, and no long term debt, so zero risk of bankruptcy for the foreseeable future, and book value is around $6.40 per share.

If they don't lose any more clients, and can gain some, I think though the stock might tread water next year, there is hope long term, either as a stand alone or as take over bait for someone else. All my very unprofessional opinion of course.