Most likely the Lifestyle acquisition: With a PR could still see very nice movement IMO.
BOCA RATON, FL, Feb. 01, 2005 (MARKET WIRE via COMTEX) -- American-Way (OTC: AWBV), a business development corporation located in Boca Raton, Florida, has completed a letter of intent to acquire Lifestyle 21, Inc., a kidney dialysis center. Lifestyle 21 plans to open 11 centers in the next 24 months. Each center will be producing $3 million in revenue yearly. The acquisition will be made with cash and stock.
These centers will be located throughout Florida and will help satisfy a growing demand for dialysis services in the region. Expected revenues will be $3 million per unit per year or $33 million in yearly revenues once opened.
"This is a great way to start the year. With the 5 acquisitions we made last year, this keeps us on our long-term plan," stated Don Platten, the President and CEO of AWBV.
Lifestyle 21, Inc. expects initial private placement funding of $300,000 to be completed this week to secure locations at several S. Florida medical centers.