UDHI: Stock Gaining Steam on News of Q1 Profits
Union Dental Holdings Inc. (OTCBB: UDHI) shares are up nearly 60% from Tuesday's low print of $.004 on news that the company "anticipates being profitable in the first quarter ending 3/31/2008".The CEO has been "loading the boat" for year's now and was confident enough to buy in the $.09 range. Judging by his actions, I'd say Dr. Green is quite optimistic regarding his company's growth potential
over the next 2-5 years.
Now profitable in phase one of their expansion plans - building out a network of trusted dental providers to service labor union members - UDHI can now more easily seek out financing to move forward with Phase 2.
The second prong of the Union Dental's growth strategy is to become a full-service dental provider. According to a recent news release, UDHI will start by transitioning its Coral Springs Fl, facility into a full-service location, offering all aspects of dentistry.
UDHI will also pursue acquisitions of well-entrenched, full service providers regions heavily populated with or frequented by (major airline hubs) labor union workers. I believe that Southern California and Charlotte, North Carolina have been identified as hot markets.
Labels: UDHI, UDHI.ob, Union Dental Holdings, Union Dental Holdings Inc.
posted by "Staff" at
3:07 PM
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home