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
