Patient Home Monitoring Corp. Announces $5 Million Private Placement To Accelerate Acquisitions And Increase Revenue And Profit Growth

Circle Connections: Mergers & Acquisitions Patient Home Monitoring Corp. has announced its Board of Directors has approved a private placement of up to $5,000,000 to be used to close acquisitions from its growing pipeline of potential target companies and for additional working capital and general corporate purposes. PHM intends to use the net proceeds from the sale of the units for making acquisitions in the large and fragmented market of small, profitable businesses providing health care products and services to chronically ill patients, and for working capital and general corporate purposes. PHM has recently signed letters of intent . . .