HemaCare Corp. (fka HEMA)

[jackfree]

FORM 10-Q released. Numbers would look good if there wasn't the huge mess with the ending of the HemaBio unit from 2007. The key is 6 months from now when they report the first Qt. They will be clear from the old issues and can start pumping fresh numbers for investors to infuse.

http://www.sec.gov/Archives/edgar/data/801748/000104746908012321/a2189126z10-q.htm

"Blood services revenue increased $420,000, or 8%, to $6,010,000 in the first nine months of 2008 from $5,590,000 generated in the same period of 2007 primarily due to a 7% increase in the number of procedures performed. The Company's California operations reported a 4% decrease in the number of procedures performed for the period, whereas the Company's Mid-Atlantic operations reported a 17% increase in the number of procedures performed.

Blood services gross profit increased $386,000, or 30%, from $1,296,000 in the first nine months 2007 to $1,682,000 during the same period of 2008, primarily as a result of the increase in revenue. The gross profit percentage for this business segment increased to 28% for the first nine months of 2008, from 23% for the same period of 2007. This improvement is a result of operational efficiencies as a result of an increase in the number of procedures performed, primarily from the Company's Mid-Atlantic based operations."