06-11-2007, 11:50
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Join Date: Sep 2007
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ACGI.OB-The Amacore Group, Inc.-Offering solution for US healthcare crisis!!
Their revenue is growing. Quarterly revenue growth 379.60% (according to yahoo.com)
If you look at the balance sheet, their cash almost cover all of the total liabilities.
Balance sheet: http://finance.yahoo.com/q/bs?s=ACGI.OB
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The stock made new high on:
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- October 15, 2007 at 72 cents because Amacore receives $3M from sale of convertible preferred stock to Vicis Capital Master Fund. CEO of The Amacore Group said, “This $3 million will go into capital for acquisitions and the expansion of our existing business both through increased sales efforts and development of new product offerings." He added, "Our mission is to provide access to affordable healthcare for the 47 million Americans who are currently uninsured. We believe that discount programs and healthcare packages such as those The Amacore Group offers are the future of US healthcare. While the politicians and lobbyists argue over how to fix what is a broken system, we are offering something right now to make quality healthcare more affordable for all Americans.”
Complete news:
http://biz.yahoo.com/bw/071015/20071015005040.html?.v=2
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- October 11, 2007 at 65 cents because The Amacore Group, Inc. acquires Lifeguard Benefit Services, Inc. This acquisition will give Amacore new distribution channels, revenue stream, and professional staff. Lifeguard generated $4.3 million in revenue and was profitable in 2006. Revenues for 2007 are projected to be approximately $12 million and on track for another profitable year.
Complete news:
http://biz.yahoo.com/bw/071010/20071010005893.html?.v=1
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Older news: on August 29, 2007 The Amacore Group Acquires New Jersey-Based JRM Benefits Consultants LLC in Stock Purchase Agreement. JRM Benefits Consultants, LLC operates a 10-seat call center. This is the first call center entirely controlled by Amacore Group, and it will be dedicated to selling Amacore's products beginning with term life insurance and then integrating additional Amacore healthcare programs.>>
Complete news:
http://biz.yahoo.com/bw/070829/20070829005154.html?.v=1
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About The Amacore Group, Inc.:
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Amacore offers health insurance, life insurance, limited medical coverage, and health savings programs designed to provide consumers with a broad array of product offerings. Amacore creates and provides innovative, affordable, healthcare solutions for individuals and families. With a consumer-focused reputation built on innovation, Amacore is dedicated to providing an array of products unique in the industry today. Amacore offers a business partner model that leverages development innovation with technology that creates a partner approach that is industry-leading, supportive, and cutting edge.
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Average volume (3 months): 165,223
Market cap: 72.92 M
Shares outstanding: 121.54 M
Float: 89.12 M
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The Amacore Group, Inc.
ffice:smarttags" />1211 North Westshore Boulevard
Suite 512
Tampa, FL 33607
United States - Map
Phone: 813-289-5552
Fax: 813-289-5553
Web Site: http://www.amacoregroup.com
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