Daniels Corporate Advisory Co Inc (OTCBB:DCAC) has announced its growth plan as well as the meeting of initial objectives. As per the reports, it has added a pool of operating managers and senior officials to execute efficient sales, profit realization and client development among others.
Insights of Recently Achieved Milestones
Daniels doesn’t want to leave any stone unturned to accelerate sales; hence, it has introduced several innovative alternatives in Logistics, Corporate Consulting, Information Technology and Media. It believes that hiring industry talent in these verticals will help it enhance the overall profit margin in the long term. Keeping in mind the fundamental of servicing – higher the clients served, greater is the profit, it made certain changes in the advisory team to make it more client focused.
Going forward, Daniels looks forward to incorporating subsidiaries and incubating different businesses for its account through multiple acquisition transactions. These acquisition transactions are likely to be executed via its subsidiaries. It has already prepared the letter of intent for first of three transactions, keeping in mind adjusted EBITDA target of $185,000 and sales of $2.35 million.
Foundation Healthcare Inc (OTCMKTS:FDNH) Signs Agreement To Acquire University General Hospital
Meanwhile Foundation Healthcare Inc (OTCMKTS:FDNH) has announced the initial agreement to acquire Texas-based 69-bed University General Hospital. As per the reports, Foundation has cracked this deal for $33 million, an attractive sum for a business that made $70 million in net revenue in 2014. Universal General Hospital declared itself bankrupt early this year, which made it possible for Foundation to execute this deal in such an ordinary amount.
Pacific Health Care Organization Inc (OTCMKTS:PFHO) Announce Financial Results
Another noted company Pacific Health Care Organization Inc (OTCMKTS:PFHO) has announced financial results for the recently concluded September quarter. Its net income for the quarter was $0.57 per share or $449,031 in total. Total revenue for the quarter accounted for $2,069,581 against last year’s $2,752,516. Pacific Health’s management is delighted to announce this deal and hopes that it will continue to live up to investors’ expectations in the coming quarters as well.
