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Trade Alert: Medical Connections Holdings (MCTH) Up 25%

10:14 AM CST Fri, May 29 2009 StockGuru Blog, Trade Alert

Trade Alerts: Spotlight Stock Up 25%

One of our Spotlight Stocks continues to be on the Move.

Medical Connections Holdings (MCTH)

Up 25%

Read Announcement Last Night HERE

Read Press Release We Issued:

http://www.quote.com/news/story.action?id=MTO149u3059

 

Most Recent Company News:

Medical Connections Announces Asset Purchase Agreement with Medical Staffing Direct

BOCA RATON, Fla.–(BUSINESS WIRE)–Medical Connections Holdings, Inc. (OTC Bulletin Board: MCTH – News), one of the nation’s fastest growing healthcare staffing companies specializing in allied health, nurse and physician staffing and recruiting services, announced it has closed an asset purchase agreement with Medical Staffing Direct (MSD), formerly a Florida based staffing company.

Medical Staffing Direct previously operated as a provider of per-diem nurse staffing for large national hospital clients. MSD’s core business was conducted in the Florida and New York markets. The assets include hospital contracts and industry relationships, which include several key MSD directors that will assist Medical Connections in future relationships with national clients. MSD conducted approximately six million dollars in annual revenue during its last year in business.

Mr. Anthony Nicolosi, President of Medical Connections, stated, “This closing will bring us valuable business relationships. This transaction provides us with a future foothold in the New York market which is a tough market to break into. As I stated earlier, this will be the first of many acquisitions.”

READ IT HERE

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