BDRR reports they are "in the final stages of completing non-toxic financing that will be secured by a promissory note and bear interest quarterly. The financing will be used to provide working capital and bridge its accounts receivable."
This news should be followed in a week or two with an earnings report. Could get very interesting because BDRR is on SHO List: http://tinyurl.com/2guc4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Bederra Corporation Provides Corporate Update
March 28, 2008 - 11:40 am est
Bederra Corporation (BDRR) is pleased to provide its shareholders an update on corporate activities.
The company recently acquired Lumar Diagnostic Imaging, Inc. and Diagnos, Inc., located in the greater Houston area. Both companies will operate as wholly owned subsidiaries of Bederra Corporation.
President and CEO, Graham Williams, stated, "We have combined two established companies to act as our foundation moving forward. Both companies are strategically located in order to better serve the large population of Houston, Texas. We expect to release financials showing profitability on $2M in revenue."
The company would like to further announce its current ongoing corporate activities:
-- The company is currently in negotiations with a local Investor Relations firm, which specializes in microcap companies, to provide corporate communication to shareholders and launch a market awareness campaign.
-- The company is also in the final stages of completing non-toxic financing that will be secured by a promissory note and bear interest quarterly. The financing will be used to provide working capital and bridge its accounts receivable.
-- In order to effectively market its services, the company will develop a web site to increase visibility. The site will provide information on our operating subsidiaries as well as information on the parent company.
-- In order to operate more efficiently, the company will take steps to switch to paperless medical records and to increase current HIPA compliance and status with Medicare.
-- Improve transparency for investors by updating pinksheets.com and providing periodic financial statements.
-- To expand its coverage and participation by medical insurance carriers.
"We are expecting great strides in the near term and will be updating the investment community as each of our outlined goals are completed," stated President and CEO, Graham Williams.
Contact: Bederra Corporation Graham Williams President 281-540-0500
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