Saturday, December 10, 2005 4:40:00 PM
8K: New CEO who has 25 years experience in the same general field as what DBTC was wanting to get into. Appears the CEO is owner of another (IMO private) company which is involved in Diabetes and has existing offices. This 8K was right at Thanksgiving 2005.
Possible merger of the two businesses ongoing to take the private company public? opinions?
8K info: ITEM 5.02 - DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
On November 22, 2005, Arden Oliphant resigned as President, Chief Executive Officer and Chairman of the Board of Diabetic Treatment Centers of America, Inc. (the “Company”). Mr. Oliphant has resigned as President, Chief Executive Officer and Chairman of the Board of the Company to pursue other personal interests. At the time of his resignation, Mr. Oliphant possesses no shares of the Company securities. He is not owed any compensation for his services as President, Chief Executive Officer or Chairman of the Board of the Company.
Also on the same date, the Board of Directors appointed Scott Allen as the Interim President, Chief Executive Officer and Chairman of the Board of the Company. Scott Allen is the owner of Fit-Well, a prosthetic limb company and orthopedic appliance company with multiple locations throughout Utah. Mr. Allen has over 25 years’ experience in the treatment of the end-stage complications of diabetes, which is the target market of vascular stimulation therapy. Mr. Allen is a member in the American Academy of Orthotists & Prosthetists and the International Society for Prosthetics and Orthotics. Mr. Allen holds three United States Patents related to prosthetic feet and is also the founder of Corporation Fitness Wellness Centers, a nonprofit company which provides therapy, support, instruction and training to amputees to aid in their recovery and improves their quality of life.
Link to Fit-Well: http://www.fit-well.com/practitioners.html
NITE 0.055 50 SCHB 0.06 50
SCHB 0.055 50 NITE 0.07 50
TDCM 0.055 50 TDCM 0.07 50
ETRD 0.055 50 VERT 0.07 50
FRAN 0.051 50 ETRD 0.08 50
HDSN 0.051 50 FLCR 0.10 50
SACM 0.05 50 FRAN 0.12 50
JEFF 0.05 50 HILL 0.12 50
VERT 0.05 50 HDSN 0.15 50
TASL 0.05 50 SACM 0.177 50
HILL 0.04 50 ARCA 0.18 180
DOMS 0.04 50 PERT 0.19 50
SBSH 0.03 50 MAXM 0.20 50
FLCR 0.03 50 TASL 0.20 50
PERT 0.02 50 STGI 0.21 50
MAXM 0.02 50 SBSH 0.225 50
INTL 0.02 50 BEST 0.26 50
SEAB 0.01 50 JEFF 0.28 50
VFIN 0.01 50 DOMS 0.30 50
BEST 0.01 50 VFIN 0.51 25
VNDM 0.001 50 INTL 0.55 25
STGI 0.001 50 SEAB 0.65 25
TRAC 0.00 0 VNDM 2.00 5
DATA 0.00 0
ABLE 0.00 0
UBSS 0.00 0
ARCA 0.00 0
Top 5 Important Market Makers
MMID Volume Rank|%
NITE 10,805,931 1 | 32
SCHB 6,814,986 2 | 20
TDCM 3,699,717 3 | 11
|
PERT 1,404,491 5 | 4
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.
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