Integrated Healthcare Holdings Inc (fka IHCH)

[dannol48]

More debt with neg book value and 7 cent warrants for potential buyout registered with SEC by Dr. Chaudhuri/KPC are the limiting factors to PPS (IMO). I think the MMs/Shorts are just baiting buyers into the current range and there are intelligent buyers that can READ THE FILINGS and see the issues.

I still think they can get sufficient debt off the books by next April (when the warrants expire) to merit the 7 cent buyout at maybe 2x book at the ~667M fully diluted shares valuation. They are in catch-up mode with QAF, so the February report for Q3 should tell the tale. If they don't get enough debt off the books, there is always the risk he'll pay less than 7 cents...and...his last two blocks were at 3 cents with these debt problems.

And please folks, the buyout was registered in 13D by Chaudhuri, i.e. stated intention to acquire 100% of outstanding shares. It's on the record. Chaudhuri/KPC and Silver Point bought-up the bankruptcy debt in April 2010 and got the warrants for that purpose (IMO). They are making money on the debt service until they get rid of sufficient debt to justify owning it (as low or debt free as possible while QAF is in play).