Medical Connections Holdings, Inc. (fka MCTH)

[tinywallfly]

MCTH is a pump and dump scam – IMO
Based on their 2009 quarterly financials, it looks like they are on pace to generate approximately $6M in revenues for 2009 and LOSE $7M in 2009. Additionally, MCTH’s market cap of $23M values them at a multiple of 3.6X revenues.
As a comparison, the two largest healthcare staffing firms in the nation (AHS and CCRN) trade at very different, exponentially lower, multiples.
AHS had 2009 revenues of $760M and trades at 0.4x revenues. CCRN had 2009 revenues of $734M and trades at a multiple of 0.45x revenues.
Additionally, if you go to boardcentral, you will see all of the posts hyping up this company based on absolutely zero financial information released by the firm.
This appears to be a typical pump and dump scam where the common shareholders are in for a beating.
Good luck to all on this one.
IMHO