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BPS initiates coverage on Millennium Healthcare Inc (OTCMKTS:MHCC)

BPS initiates coverage on Millennium Healthcare Inc (OTCMKTS:MHCC)
Written by
Aaron Smith
Published on
October 29, 2014
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Yesterday, in anticipation of positive third quarter results, BrilliantPennyStocks.com initiated coverage on Millennium Healthcare Inc (OTCMKTS:MHCC).Today, stock prices surged more than 43% to close at 0.415. Today, the company announced that revenues for the three months ended September 30, 2014 are expected to be in excess of $6.0 million. This represents significant growth compared with revenue of $490,000 for the comparable 2013 period, and was largely the result of the initial roll out of the Company's medical device distribution model. During the quarter Millennium Healthcare began the commercial introduction of its first two distributed medical device products, namely VasoScan™, a cardiovascular diagnostic assessment test, and OralCDx™, a non-invasive brush biopsy kit for oral cancer.For a detailed research report on MHCC, please signup now at www.brilliantpennystocks.com

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