First Choice Healthcare Solutions Inc (FCHS)

[Bobwins]

good news... $7.5-8 million net profit coming Q2. 7.5/48million shares =$.156 eps. The big question is what will their P&L look like going forward. We won't find out until Q2 when the sale will be recorded and new expenses will be shown. Will probably take until Q3 to get a clear picture of ongoing P&L.

This is a big win for liquidity and less debt but I'm guessing P&L will take a hit. I'm sure mgmt decided to take a gamble and acquire more businesses rather than stand pat. If the next acquisition is as profitable as their Brevard Orthopedic business, FCHS will win. We'll have to see how this plays out.