Value Microcaps Motherboard

[Bobwins]

ahom.ob emerged from bankruptcy with a lot of debt and negative equity. Here's what's coming when q1 reports. Company has been tightening belt in preparation, hence good profits. What will 2005 be like?? Don't know. Don't buy unless you do a lot of DD. Here is 10q excerpt from 9/04.
Note that revs didn't increase in 12/04 qtr.


" The Company’s future liquidity and capital resources will also be materially adversely impacted by the Medicare reimbursement reductions contained in the Medicare Prescription Drug, Improvement and Modernization Act of 2003. The Medicare reimbursement reductions that became effective January 2004 impacted the Company’s profitability and ability to improve its liquidity and capital resources as compared to 2003. The adverse impact that the scheduled 2005 reimbursement reductions will have on the Company’s future operating results and financial condition will be material in 2005 and beyond. The magnitude of this impact will depend upon the success of the Company’s efforts to grow revenues, improve productivity, and reduce costs. It also will depend upon final resolution of lobbying efforts to modify the pricing changes. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Trends, Events, and Uncertainties – Reimbursement Changes and the Company’s Response” and “Risk Factors – Medicare Reimbursement Reductions.” "