ACGI.OB-The Amacore Group, Inc.-Offering solution for US healthcare crisis!!

[pennytrader0214]

Their revenue is growing. Quarterly revenue growth 379.60% (according to yahoo.com)
If you look at the balance sheet, their cash almost cover all of the total liabilities.
Balance sheet:

The stock made new high on:

- October 15, 2007 at 72 cents because Amacore receives $3M from sale of convertible preferred stock to Vicis Capital Master Fund. CEO of The Amacore Group said,

[pennytrader0214]

The Amacore Group, Inc. Receives Additional $3 Million from Sale of Convertible Preferred Stock to Vicis Capital Master Fund
Tuesday January 22, 8:00 am ET

Funds To Be Used For Acquisitions, Expansion Of Existing Business
LAKE MARY, Fla.--(BUSINESS WIRE)--The Amacore Group, Inc., (OTC BB: ACGI - News), a leader in providing health-related membership benefit programs, insurance programs, and other innovative and high-quality solutions to individuals and families across the country, today announced that Vicis Capital Master Fund has further expanded its investment in The Amacore Group by purchasing additional shares of the Company's convertible preferred stock for $3.0 million, convertible at a peg price of $5. This follows a similar investment made in October.

Clark A. Marcus, CEO of The Amacore Group, said,