The Company remains focused on strategic organic growth ie sales and accretive acquisition strategies, which management hopes will reduce or eliminate the losses and negative cash flow.
Accretive Acquisition - Investopedia Says: As they are expected to increase the acquiring company's future earnings, these acquisitions tend to be favorable for the company's market price. In essence, the price paid by the acquiring firm is smaller than the addition to its EPS.
As a general rule, an accretive merger or acquisition occurs when the P/E ratio of the acquiring firm is greater than that of the target firm.
In the context of mergers and acquisitions, accretion is referred to as the increase in a company's earnings per share on a pro forma basis following the transaction.
For example, if Company A has $1.00 earnings per share and after acquiring Company B, the combined company's earnings per share is $1.25, then the acquisition would be referred to as 25% accretive.
Those deep medical insurance relationships cover East and West coast territories with CorCell being the Big ticket name with health insurance provider connections. Hopefully we get the entire BCBS network, UnitedHealth, TRICARE (DoD) for global expansion.