Talk on the street PHYA is expect to hit 0.38 next week. Keep an Eye on This One.
Thu, 3 May 2007 18:36:47 -0400 WITH THE LATEST PR PUSH CURRENTLY RUNNING WE ARE ANTICIPATING IT TO DO WELL IN COMING DAYS. (http://finance.yahoo.com/q?s=PHYA.PK) Physicians Adult Daycare, Inc. Executes Purchase Agreement to Increase Revenue Thursday April 26, 4:00 am ET HOUSTON, TX--(MARKET WIRE)--Apr 26, 2007 -- Physicians Adult Daycare, Inc. (Other OTC:PHYA.PK - News) announced today that a Purchase Agreement to acquire another adult daycare company has been executed. CEO Duane Starkey states, "We are excited about another addition to our company that should increase our annual gross revenues by an additional $500,000. This facility operates under the Star Plus HMO program in Texas, allowing for increased reimbursements and increased healthcare related services. We have solid expectations of the continued growth and success of the facility and the area. The center is ideally located in Houston, Texas and will be an excellent center point for additional facilities to be developed in the area." This new acquisition has been well established in the Houston area for 8 years. The seller/owner of the company is an experienced executive with many years in the adult daycare field. She has agreed to continue a working relationship with the facility and our company as part of our management team. About Physicians Adult Daycare, Inc.: We provide needed services for a PROLONGED and ACTIVE LIFE for family loved ones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We refer to those who use our services as CLIENTS. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period. Then activities resume until time for your loved one to be returned home. Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments
