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Re: None

Wednesday, 06/20/2018 1:24:54 PM

Wednesday, June 20, 2018 1:24:54 PM

Post# of 1124
At this price, the entire company is valued at less than $2 million.
That's for a 100 year old company, in the health care sector, with annual revenues last year of 56 million, and growing!

They have struggled to attain profitable operations, but they are in a great business-- delivering health care services to businesses as an employee benefit. And they are able to deliver the service nationwide.

I think the market has over-reacted to the appointment of the restructuring officer. This company is worth much more than the current price reflects, but there is uncertainty, and that is clearly depressing the price, and the willingness to buy shares here.

The restructuring officer, James Fleet, has a pretty good record of turning companies around, and avoiding bankruptcy. I think there is little chance of that, with him at the helm. (James Fleet bio)

I strongly believe that buys at this price will be rewarded, if you can hang on for what might be a bumpy ride.

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