|
Wall Street Grand Report
Company: Medical Connections Holdings Inc. (OTCBB: MCTH)
Current PPS: $0.47
Healthcare spending in the U.S. is projected to grow to $4.1 TRILLION within the next 6 years! Spending on healthcare currently accounts for about 16.2% of the Gross Domestic Product (GDP) and by 2015, the Center for Medicare and Medicaid Services (CMS) projects that healthcare will account for 22% of the GDP. By 2017 it is estimated that one out of every $5 spent in this country will be on health care!!
The healthcare industry is HOT right now and in our opinion MCTH is another undervalued situation that is set for take off in the short-term.
Healthcare will generate 3.2 Million new wage and salary jobs between 2008 – 2018, more than any other industry and we cannot overlook the small cap companies that are taking advantage of this booming sector.
Healthcare is one of the LARGEST industries and in 2008 alone it provided 14.3 Million jobs for wage and salary workers! Did you know that 10 of the 20 fastest growing occupations are healthcare related?
Our new pick MCTH is a pioneering medical recruitment and staffing company, created in 2002 to satisfy the increasing demands for qualified personnel in the healthcare industry. The company identifies and places medical professionals – from nurses and physicians to pharmacists and medical scientists. MCTH applies established and innovative methods to meet the needs of its clientele, capitalizing on the more than 40 years’ experience of its key personnel.
In fact, MCTH was named in a research paper by Crain Communications as the third-fastest growing private staffing company in the U.S. in 2009! Furthermore, MCTH has received a perfect score on the review of its Gold Seal of Approval™ certification for health care staffing services from The Joint Commission, an independent, not-for-profit organization that accredits and certifies more than 15,000 U.S.-based health care organizations and programs!
MCTH is growing year over year and nobody is even following it! Over the past three years, MCTH reports that it has grown revenues 380% or an average of over 100% per year!!!
That’s right everyone we are talking about TRIPLE DIGIT GROWTH for MCTH!
MCTH is very impressive with revenues growing from $2.2 MM in 2006 to $4.8 MM in 2007 to over $7 MM in revenue for 2008! The Company also has ZERO DEBT on its balance sheet!
Remember, there is nothing better than strong fundamentals!
MCTH is also looking to take the Company to a whole other level recently entering into a Letter of Intent to acquire a national healthcare staffing company, whose 2008 revenue exceeded $50 Million!!! MCTH has stated that it is in the final stages of completing this acquisition and hopes to have it completed within the first quarter of 2010 !
Imagine what would happen to the stock if this acquisition was executed!
This Company is obviously set for MAJOR GROWTH and its currently only trading for $0.47!
Make sure to do your due diligence and take advantage of this new unique situation before it starts to breakout this week! If this company potentially has the big acquisition news soon who knows how high we can go! Remember, this Company did $50 MM in revenue in just one year and MCTH already has seen revenues grow 380% in three years! I don’t think MCTH will be $0.47 for long.
More Updates To Come …
Help Spread the word about Wall Street Grand!
You can call us Toll free at 1888-9-Club Grand (1888-925-8247)
Offices are open Monday – Friday, 9:30 am-4:00 pm EST
|
