Posted On: 05/14/2015 12:50:44 PM
Post# of 145202
$MHCC : Millennium Healthcare, Inc. (MHCC) has found a niche for selling medical testing supplies for things like oral cancer, skin cancer, nervous system diagnostics, and even billing/customer service solutions. In a recent press release, company CEO Dominick Sartorio highlighted the significant growth that MHCC is experiencing. This included a year over year increase in sales by 319% taking the company's 2013 sales of $1.99 million and dwarfing them with 2014's $8.43 million! According to MHCC, that number did not take into account fourth quarter 2104 device POs/Sales totaling $9.65 Million. The Company was unable to recognize these sales in its overall annual 2014 revenues due to insufficient inventory as a result of undercapitalization. The Company anticipates being able to recognize and fulfill these orders during 2015.
http://finance.yahoo.com/news/does-portfolio-...00171.html
http://finance.yahoo.com/news/does-portfolio-...00171.html
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