Critical Care to Acquire Health Care Company.
DEL MAR Del Mar is the name of several places in the United States of America:
Ernest Remo, Chairman and Chief Executive officer of Critical Care noted, "We are delighted to have the opportunity to evolve our current relationship with Health Care Medical Technologies in this fashion. Healthcare Management Technology's operating margins exceed 40%, which is exciting even in this high margin sector."
HMCT HMCT Highway Movement Control Team provides its services to the State of South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). , to individuals referred by the State of South Dakota, and to regional health care services providers. Its services focus on health care cost containment cost containment,
n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. and address traditionally high cost, and recurring cost conditions like Asthma, Diabetes, Oncology, Cardiac and weight management. Further information on HMCT is available at www.hcmti.com.
"We anticipate that this acquisition will be transformative in nature," added Remo. "With the closest comparable public company in this industry trading in excess of 70 times trailing earnings Trailing earnings
Past earnings. Often used in the context of the price earnings ratio. This ratio is usually distinguished as price to trailing earnings (today's price divided by the most recent 12 months of earnings) versus price to prospective earnings (today's price divided by , HCMT will prove to be an extremely powerful growth engine for Critical Care and its shareholders."
About Critical Care
Critical Care, Inc. is a healthcare holding company focuses on providing patients with an entire continuum of "Wellness" programs. The Company offers programs in the areas of Population Health Management, Wellness Retreats and Wellness Motivation, among other sectors. More information on Critical Care can be found at www.criticalcareworld.com.
The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a safe harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and consummate the proposed acquisition, actual results may differ materially from the expectations expressed in the forward-looking.
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