Replies to post #6180 on American Addiction Centers, Inc. (fka FTER)

[decouverte d Elbe]

Forterus started it's operations during the midst of the Wall Street meltdown. The $52,000 they just raised is being used towards expanding their outreach with rapid expansion. They wish that they could expand even faster, but also realize the delicate nature of the process, so they proceed conservatively. I don't believe the salaries of management are that exhubirant. Management feels that the shareprice is grossly understated, and is working towards this issue. They will do what they feel is in the best interest of the company, of course, but they never intended for this to be a flipper stock, but rather a long-term investment. The fact that management and the preferred holders own large positions in the common stock, should tell you that they are working on the aspects you've raised for the future, but the revenues and profits are stated, and the small trade-offs for verifiable expansion of revenues is relatively minor, and healthy. I think the fact that management put their own skin in the game from the onset of the Company ($9 million), rather than fundraising, should tell you that they didn't lose their shirts, and start this company as a last gasp hope of saving their asses from Wall Street.