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Medical Facilities Corp T.DR

Alternate Symbol(s):  MFCSF

Medical Facilities Corporation is a Canada-based company, which owns a portfolio of surgical facilities in the United States. The Company owns interest in four specialty surgical hospitals (SSHs) located in Arkansas, Oklahoma, and South Dakota, and one ambulatory surgery centers (ASC) located in California. ASCs are specialized surgical centers that only provide outpatient procedures, whereas SSHs are licensed for both inpatient and outpatient surgeries. The SSHs and ASC provide facilities, including staffing, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging, and diagnostic procedures and derive their revenue primarily from the fees charged for the use of these facilities. In addition, two of the SSHs provide urgent care services. The facilities focus on a limited number of clinical specialties such as orthopedics, neurosurgery, pain management and other non-emergency elective procedures.


TSX:DR - Post by User

Bullboard Posts
Comment by blade86caon Aug 11, 2017 11:52am
188 Views
Post# 26571249

RE:RE:RE:RE:RE:RE:RE:Results out

RE:RE:RE:RE:RE:RE:RE:Results outI had started doing my calculation to try and figure out how the company got to 0.18c diluted but realised they had already done just that on page 10 of the Sedar report. 

They basically took stock options unexercised, convertible debentures & exchangeable interest rate liabilty and converting all 3 into shares and added them to the float.

I did not know their exchangeable interest rate liabilty had the ability to be converted to shares also. Maybe they got some deal with another corportation who they borrowed $ from and got better borrowing rate instead of going to bank
Bullboard Posts