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Re: None

Thursday, 03/02/2006 10:51:13 PM

Thursday, March 02, 2006 10:51:13 PM

Post# of 1885
OT: Anybody ready for another WHAI

Let’s take what’s left of our WHAI money and throw it at SFBC. That should for sure drive it down to zero. Was there a reason the CEO and the Chairman of the Board and the V.P. of Legal Affairs all resigned so quickly and quietly...

SFBC International Postpones its Release of Fourth Quarter and Full Year 2005 Financial Results

Thursday March 2, 7:19 pm ET
Company to Host Conference Call and Webcast to Review its Financial Results on March 9, 2006
Company Expects to Record Impairment Charge Related to Its Miami Operations


PRINCETON, N.J.--(BUSINESS WIRE)--March 2, 2006--SFBC International, Inc. (NASDAQ:SFCC - News), a provider of drug development services to branded pharmaceutical, biotechnology, generic drug and medical device companies, announced today that it is postponing its conference call and Webcast to review its fourth quarter and full year 2005 results and plans to host the call at 8:30 a.m. EST on Thursday, March 9, 2006. In addition, the Company plans to release its financial results for the fourth quarter and full year 2005 on Wednesday, March 8, 2006, after the market closes.

Jeffrey P. McMullen, chief executive officer of SFBC International, commented: "We are diligently working with our national valuation firm to complete the assessment of a substantial non-cash impairment charge that we expect to record in the fourth quarter of 2005 related to the significant decline in business at our Miami operations. In addition, our business review of operations is continuing and we believe it is prudent to withdraw our existing 2006 guidance, as issued on December 15, 2005. We anticipate that we will provide an update on the impairment charge and 2006 guidance in conjunction with the release of our full year 2005 financial results next week."

Conference Call and Webcast Information

SFBC plans to host a conference call and Webcast to review its fourth quarter and full year 2005 results at 8:30 a.m. Eastern Standard Time on Thursday, March 9, 2006. To access the conference call, please dial the following teleconference number (877) 691-0878 (U.S.) or (973) 582-2773 (International) or, to listen to the simultaneous Webcast, please visit http://www.sfbci.com.

For those unable to access the live call, there will be an audio replay available from March 9, 2006 at approximately 11:00 a.m. Eastern Time through March 17, 2006 at 11:59 p.m. Eastern Standard Time. To listen to the audio replay, please dial (877) 519-4471 (U.S.) or (973) 341-3080 (International) and use the following replay pin code: 7081622. A replay of the Webcast will be available at http://www.sfbci.com approximately two hours after the live call ends through April 8, 2006 at 11:59 p.m. Eastern Time.

http://biz.yahoo.com/bw/060302/20060302006120.html?.v=1

Doesn't matter what the truth turns out to be; on Friday Short the Shit out of this thing if you can!




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