Complete Care Medical (PK: CCMI)
Major News Just Released Pre-Market Open
Complete Care Medical, Inc. Anticipates FY2007 Revenue at $19.7 =
Million
Complete Care Medical's release this morning is one of the boldest =
press releases we have even seen! If the Company can come anywhere =
close to meeting its projections, The Green Baron Report believes this =
could be the biggest winner we have ever had. The Company is projecting =
a $12.7 million profit after interest expense. Based on the share =
count, this would represent earnings of somewhere around .04 to .06 per =
share. At only 10 times earnings, the stock would trade for .40 to .60 =
per share. Once again, we suggest a second look at CCMI right now =
trading at only .01 per share.
HOUSTON, TX (January 8, 2007) -- Complete Care Medical, Inc. =
(CCMI) has completed its revenue and income projections for the fiscal =
year of 2207. The Company is pleased to make these statements available =
to its shareholders. =20
COMPLETE CARE MEDICAL INC.
PROFORMA INCOME STATEMENT TWELVE MONTHS ENDING DECEMBER 31, 2007
Revenue
Medical Urology Services (1) =
$ 19,740,000
Cost of Goods Sold =
3,775,000
Gross Operating Income =
$ 15,965,000
General & Administrative Expenses
Insurance =
$ 17,400
Licensing =
4,400
Advertising & Marketing =
688,000
Professional Fees =
52,000
Legal Fees =
96,000
Facilities =
201,600
Salaries & Wages =
1,536,000
Equipment Leases =
136,000
Other Services =
319,600
Total General & Administrative Expenses =
3,051,000
Net Operating Income =
$ 12,914,000
Provision for Income Taxes Net of=20
Net Operating Loss Carry Forward =
---
Income Before Interest Expense =
12,914,000
Interest Expense =
144,000
Net Income =
$ 12,770,000
"We are pleased to provide our projected income and revenue for =
the coming year, having a highly qualified CFO will enable the Company =
to provide regular financial information to our shareholders and assist =
the company in moving to another exchange," said J.P. Monteverde III, =
President and CEO of Complete Care Medical, Inc.
Complete Care Medical, Inc. is goal oriented to provide cost =
effective and convenient direct-to-consumer medical products and =
services that maximize revenue opportunities for its partners and =
shareholders. The company's focus is disease specific medical supplies, =
pharmaceuticals and nutrition.
About Complete Care Medical, Inc.
Complete Care Medical, Inc. provides patients in all 50 states =
with lower cost alternatives for disease management, medical supplies =
and prescription pharmaceuticals. In addition, Complete Care Medicals =
discount services and medication program offer healthcare payers, =
healthcare providers, healthcare professionals, and patient's easy =
access to utilization and compliance data in order to improve patient =
outcomes and quality of life. Website: www.ccmedicalinc.com
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