American Addiction Centers, Inc. (fka FTER)

[Probart]

Ok, so lets take a look at past and future here. This company (and I am rounding my figures) was bought for 13 million dollars two years ago and that at the hight of the real estate slump. Yes, that is $13,000.000 not the current $1,300.000 market cap. Yes folks, they bought this company for 10X the current price. So I am starting to speculate that this company is going to be sold, not just the Better Tomorrow part but the company as a whole. The company that would be buying FTER would want their good name attached to it. I think the board fired the CEO because they have waited long enough for returns that they are not getting.

So what is the company worth today? Even if you take into account the preferred shares I think it is worth between $15-$20 million which means a share price of anywhere between $.50-$1.00

I am speculating that a company like HYTM (Hythiam (.28 +16.7%) would be a possible candidate. I see they are raising cash and trying to pump up their share price. http://ih.advfn.com/p.php?pid=nmona&article=43392141&symbol=HYTM&cb=1277732190 Their fundametals are shitty and I belive the previous CEO kind of trashed them in a recent pr and therefor I believe they would want to add FTER and the 120 beds that they keep at full capacity. Would not be surprised if HYTM changes their name to Forterus!

This might be a bumpy three months ahead but I can wait it out.

All of course just my speculation and OPINION!!!!!!