PrimaCare Corporation Provides Update on the Acquisition of Medical Resources, LLC
Wednesday August 15, 4:40 pm ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 15, 2007 -- PrimaCare Corporation ("PCC"), a financial investment of Inform Worldwide Holdings, Inc. (OTC BB:IWWI.OB - News), today provided a report on its proposed acquisition of Medical Resources, LLC ("MRLLC").
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During the first six months of 2007, MRLLC had revenues of $65,000,000, with net income of $2,800,000. In 2006, MRLLC had revenues of $135,000,000 and a net income of $13,200,000. The financial figures reflected are unaudited. PCC and MRLLC are working together to provide audited financial statements required by the merger. Once the audit is completed, the parties expect a prompt closing of the merger.
About Medical Resources, LLC:
Medical Resources, LLC is a privately held company which over the last four years has successfully provided medical services to its over 11,000 members through its approximately 30 medical clinics servicing the Gold Coast and south counties of Florida.
About Inform Worldwide Holdings, Inc.:
Inform Worldwide Holdings, Inc. (OTC BB:IWWI.OB - News) is a development stage company currently in the process of identifying, developing, and marketing global business opportunities with emphasis on natural resource development and servicing.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
Contact:
Contact:
Shareholder Services
(800) 963-6533
E-mail: Email Contact
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Source: Inform Worldwide Holdings, Inc.
