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Re: RandyKCMO post# 1485

Tuesday, 09/02/2008 12:14:39 PM

Tuesday, September 02, 2008 12:14:39 PM

Post# of 2559
Medico could very well be the backbone to DRGP in the future. What cgraut's research came up with was in fact that MLTO tried a business model targeting the hispanic market and failed. Melissa Rice was involved with MLTO as an SEC attorney and I'm sure learned a lot about its business model, pros and cons, and in taking it on, must be confident in improving it.
What I like the most about it is that it can be recession proof, providing medical NEEDS, getting paid by Medicare, and the biggest thing is that it is not a one shot sale, but repeating. So, if revenues and expenses break even near term, the repeat business should make this highly profitable in the long term.
Obviously we won't see any huge impact from Medico in Q3, except maybe for additional expenses, but we just have to be patient.

Sentiment: Strong buy
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