HOUSTON, TX, May 01, 2008 (MARKET WIRE via COMTEX) -- Bederra Corporation (PINKSHEETS: BDRR), a medical imaging and diagnostic Company, is pleased to report on its financial statements for fiscal year 2007.
For the 12 month period ending December 31, 2007, the company will report revenues of $1,845,646 with a net income of $471,182, or .009 earnings per share. Combined assets totaled $914,266 after depreciation and amortization with $1,189,041 in liabilities from recent acquisitions. The company was able to restructure and reduce its debt by $1,300,496.
The financial report only includes revenues from the acquisition of Diagnos, Inc. The report does not include the recent acquisition of Lumar Imaging, Inc. The recent acquisition of Lumar Imaging, Inc. is expected to generate revenues of $4M and will be included in the next financial reporting period.
The company is in the process of filing updated paperwork to Pinksheets.com to become a subscriber to the OTCIQ. The OTCIQ Financial Reports Service acts as an information repository accessible to the public, similar to the SEC's EDGAR system. This will allow the company to remove the current stop sign symbol and become current with Pinksheets.co m. The company expects this process to take approximately 2 to 3 weeks.
The share structure of the company is currently reported as 55,616,204 shares outstanding, 20,866,204 shares restricted with a float of 34,750,000. The current authorized shares of the company are 200M.
About Bederra Corporation
Bederra Corporation, which wholly owns Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and world famous Texas medical center. The company's current strategy is to grow its current operations and seek out additional acquisitions that will complement its core operations.
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This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
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