First Choice Healthcare Solutions Inc (FCHS)

[Shredder13]

I agree, it can't really get much worse and trading around an EV/Revenue multiple of 0.1x it seems cheap. Yes, that is something that should be disclosed as stated in the stock purchase agreement with Steward Health, and he signed off on not knowing about any pending litigation...maybe he didn't know buy I highly doubt that.

One risk for the stock price in the short-term is will Romandetti sell his shares onto the market (21.5% ownership)? Not involved with the company anymore and surely racking up legal bills. Along with his friend Mark Burnett of Fuse Capital(5.4%) who was also named in the indictment.