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New York Health Care Inc (CE)

New York Health Care Inc (CE) (BBAL)

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Updated: 20:00:00

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BBAL News

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BBAL Discussion

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littlejohn littlejohn 5 years ago
any new updates on BBAL?...LJ


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bnt4eva1031 bnt4eva1031 5 years ago
New vendor announcement?
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PENNY DIPZ PENNY DIPZ 5 years ago
Penny Dipz is loading his satchel with as many shares as possible. $BBAL
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TOMASH TOMASH 5 years ago
BBAL - BIO

https://www.referenceforbusiness.com/history/Mi-Nu/New-York-Health-Care-Inc.html
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TOMASH TOMASH 5 years ago
BBAL -vendor-partnerships

https://nyhc.com/vendor-partnerships/
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TOMASH TOMASH 5 years ago
BBAL - sector consolidation

http://nyhc.com/new-york-health-care-inc-foresees-further-consolidation-in-home-care-service-providers/
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littlejohn littlejohn 5 years ago
Thank-you for leaving the low hanging

fruit for a peon...LJ


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littlejohn littlejohn 5 years ago
Do you think that they are still

connected to BBAL symbol?...LJ


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TOMASH TOMASH 5 years ago
BBA - our branch

Brooklyn

2621 Atlantic Avenue
Brooklyn, NY 11207


https://www.google.cz/maps/place/2621+Atlantic+Ave,+Brooklyn,+NY+11207,+Spojen%C3%A9+st%C3%A1ty+americk%C3%A9/@40.6757588,-73.8976572,3a,50.7y,346.1h,92.15t/data=!3m6!1e1!3m4!1s8oTUjjLuLjBmpv-HuueayA!2e0!7i16384!8i8192!4m5!3m4!1s0x89c25c4e549fc18b:0x5976832bb779c0c2!8m2!3d40.6759265!4d-73.8976659
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TOMASH TOMASH 5 years ago
BBAL - SHAREHOLDERS

I own 200,000 shares that is approximately 0,45 % Company O/S

Outstanding Shares 43,636,716
Restricted 14,260,040
Unrestricted 29,376,676

I plan tu buy another 300,000 shares.

Someone else will be added ???
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TOMASH TOMASH 5 years ago
BBAL - OTC Short Report
https://www.otcshortreport.com/company/BBAL
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littlejohn littlejohn 5 years ago
Found website on OTC info with news

that you posted on BBAL...


https://www.otcmarkets.com/stock/BBAL/profile


Do you follow closely?...LJ

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TOMASH TOMASH 5 years ago
NEWS 4 !!!
http://nyhc.com/new-york-health-care-is-the-platinum-sponsor-of-the-live-cle-program/
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TOMASH TOMASH 5 years ago
NEWS 3 !!!
http://nyhc.com/will-robots-replace-humans-as-caregivers/
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TOMASH TOMASH 5 years ago
NEWS 2 !!!
http://nyhc.com/new-york-health-care-inc-foresees-further-consolidation-in-home-care-service-providers/
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TOMASH TOMASH 5 years ago
NEWS 1 !!!
http://nyhc.com/a-sore-throat-coughing-hoarseness-might-be-signs-of-something-other-than-a-cold/
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MGG2 MGG2 7 years ago
Only selling was the flip trade and I can't blame em.
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makinezmoney makinezmoney 7 years ago
$BBAL: There's your PENNY... MORE MORE MORE

Loving this sudden run here.... looks to go to $0.10/sh


Bring in the volume.

Watch her go

There is no Selling... very very thin to the UPSIDE.

Lots of room to run




$BBAL
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makinezmoney makinezmoney 7 years ago
$BBAL: On the run here.... now hitting $0.008


About to cross $0.01


Here we gooooooooooooo


$BBAL
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
Something up with this today> B/A is freaky!!
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
Are we dead here? Seen a little bit of volume recently.
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JetLifer JetLifer 13 years ago
Need news
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JetLifer JetLifer 13 years ago
It's a long term thing that's why.
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
Thanks. Not a lot of trading right now with BBAL. Guess I'll just hold on and see what happens.
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JetLifer JetLifer 13 years ago
Shareholders got to vote and the majority wants to go through with the acquisition. I'm just glad it wasn't a hostile takeover. If all goes well, BBAL shareholders will own shares of ELGO and they'll have $1,000,000 in cash after the deal is closed. ELGO stated in a report that if they were to raise no less than $1,000,000 they would buy a clinic for their biotechnology.
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
How did you find that out?
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JetLifer JetLifer 13 years ago
I guess the acquisition is a success. Hopefully the paperwork is completed before September.
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bruderphillip bruderphillip 13 years ago
why is BBAL showing 130% gain
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
https://east-online.proxyvote.com/pv/web.do?controlNumber=822710692401
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billowavetor billowavetor 13 years ago
use your mind, buddy

do you mean after R/S the PPS would be $500?
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GrahamTrading GrahamTrading 13 years ago
You people will learn that that MN#C and his cronies are pumpers. It happens on EVERY single one of their stocks. They say its going to .20 .30 or .50 and it tanks every time.
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yaboy520 yaboy520 13 years ago
When is that supposed to take place. The R/S
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NitWhit_needs_2_quit NitWhit_needs_2_quit 13 years ago
1 for 50000 R/S. This thing is done!
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stockmarketmadness stockmarketmadness 13 years ago
yep, u right that monday was definately an OUCH. Your boy MNYC pumped BBAL into the ground.
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PipBoy PipBoy 13 years ago
Ouch!
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jermart jermart 13 years ago
Just checked this out this thing is cheap.
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HDOGTX HDOGTX 13 years ago
PROXYVOTE.COM

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Important Notice Regarding the Availability of Proxy Materials
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2011 NEW YORK HEALTH CARE, INC. Special Meeting of Stockholders

MEETING DATE: July 15, 2011
For Holders as of: May 26, 2011
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billowavetor billowavetor 13 years ago
Is this stock suspended?

why zero volume today so far?
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Sam Adams Beer Sam Adams Beer 13 years ago
yeah it tanked not sure what the hell they are doing with it...Wish I could figure out what is going on here...Didn't think this was a p&d with the selling and acquisition of the shares of this company by eglo
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yaboy520 yaboy520 13 years ago
Wasnt this stock trading in the 5 cent range like just last week?
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Sam Adams Beer Sam Adams Beer 13 years ago
What do you think will happen here?
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$King $King 13 years ago
Huge short interest!!! I sold sum shares yesterday and now they are appearing back on my zecco account...hmmmm
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Torqay Torqay 13 years ago
BOUGHT SOME 16'S YESTERDAY HOPE TO MAKE MONEY ON RENOUNCE..HAHA
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stock-tipper stock-tipper 13 years ago
If everything is as the company says it is and the deal is for real then it looks cheap in my opinion.

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$King $King 13 years ago
A nice bounce would be nice :)
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stock-tipper stock-tipper 13 years ago
If there's a buy out then everything should turn out fine.

That's a big if though.

We have to wait and see I guess.
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Helter Skelter Helter Skelter 13 years ago
35,020,000 shares of common stock, $0.0001 par value, issued and outstanding as of May 9, 2011.

For ELGO. I think they have to issue shares to purchase those BioBalance subsidiaries...so no telling what that, the shares, may eventually turn into for BBAL (NYHC)...
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Helter Skelter Helter Skelter 13 years ago
Street Soldier ($ sign was playing havoc with the post), looking at ELGO's (Enterologics, Inc.) last 10-Q...they don't have any money. They are a development stage company. This would indicate to me that the agreement to purchase the BioBalance subsidiaries, from New Yok Health Care, Inc., will have to be done with shares.

Right now ELGO shares are listed @ $.27 with volume, today, of 17,880.

Hmmm...this is interesting (from ELGO's last 10-Q):

Item 2. Unregistered Sale of Securities and Use of Proceeds

In February 2011, we issued Surge Partners, Ltd. 500,000 shares of common stock in consideration for Surge agreeing to lend the Company loans up to an aggregate of $50,000. The shares were valued at $25,000 ($.05 per share). Irv Bader, the father of Lisa Grossman, is President of Surge Partners, The issuance was made in reliance upon an exemption from registration provided under Section 4(2) of the Securities Act of 1933, as amended.

Who is Lisa Grossman married to? Any relation to this fellow?
Post from the Enterologics ihub board:

anivad21 Share Monday, June 06, 2011 6:31:56 PM
Re: None Post # of 225

From: Yitz Grossman
Thursday, June 2, 2011 1:40 PM

Thank you for your mail and interest in Enterologics. And of course, we welcome you as a shareholder. Might we ask that you follow recent news releases and one planned for next week. I believe next week’s release will clarify some of you questions. If not, kindly reach out to us again and I’ll call you with better answers.

Just wanted everyone to know things are coming this week.

---[]---

You'll remember from my previous post that Yitz Grossman owns/owned 33 1/3% of BioBalance subsidiaries...Yitz, in the above post/e-mail suggests news to be coming...this week...sorry...which was last week's news, I believe...

Hold and ponder!

So, what role, exactly, does Yitz play with Enterologics?

lol...enough DD from me, I'm busy with other mysteries, lol...
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$King $King 13 years ago
Thanks for the DD...share structure 2mil volume on Friday GREEN

700k volume Monday Red...still moves on air $$$
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Helter Skelter Helter Skelter 13 years ago
Right. There are 3 companies involved in this...transaction. New York Health Care, Inc., The BioBalance Corporation and BioBalance, LLC. Both BioBalance companies are Delaware corporations and NYHC is a New York corporation.

Enterologics (ELGO.OB) is buying the shares of The BioBalance Corporation and it's subsidiary, BioBalance, LLC, neither of which are publicly traded.

You are buying BBAL publicly traded shares which are the shares of NYHC (New York Health Care, Inc.). However, not all is lost if you thought you were buying something else. For one (1) BioBalance was valued @ $628,056. "As reported in the Company’s Form 10-K for the year ended December 31, 2007, the net carrying value of the intellectual property of BioBalance after recording impairment losses was $628,056." and two (2) BBAL (NYHC) was on pace, in 2008, for yearly revenues of ~$50M and NET PROFITS of ~$1M-$3M which was/is $.03-$.09 earnings per share. If you multiply the EPS by a conservative PE ratio of 10 then BBAL (NYHC) could be valued @ $.30-$.90 per share! Then add the one time GAIN from sale of assets (BioBalance subsidiaries) of $.019 ($628,056 / 33,536,767 BBAL shares) to the price per share, prior to sale, and...who knows WHAT you got? lol...

You need to send correspondence to (or find the telephone number of):

New York Health Care, Inc.
1850 McDonald Avenue
Brooklyn, New York 11223
Attention: Mr. Murry Englard, Chief Executive Officer

with a copy to (his attorney at last filing):

Cohen Tauber Spievack & Wagner P.C.
420 Lexington Avenue
Suite 2400
New York, New York 10170
Attention: Adam Stein, Esq.

Yitz Grossman owns the other 33 1/3% of The BioBalance Corporation worth another $314,028. The PR didn't say whether these shares were also being bought but I imagine they are (or Grossman is coming along, to Enterologics, in some other capacity, maybe still 1/3 owner of BioBalance). A good question to ask the CEO of Enterologics, Inc., in my opinion.

Notice that BBAL's revenues grew almost 20%, Q over Q, from 2007 to 2008 and that Net Income went from a loss of $68,150 to a gain of $1,039,434:



Unfortunately, BBAL's (NYHC) balance sheet doesn't look all that good and may explain the drop in BBAL's price per share over the years:



As you can see from the balance sheet, BBAL (NYHC) owes more in liabilities than they own in assets. However, it's "only" an imbalance of ~$2.5M and they will likely receive ~$650,000 (give or take) from Enterologics that can go towards correcting the imbalance (paying off debt, whoever HRA is). Remember, though, that this information is dated by about 2 1/2 years. Call the CEO of BBAL, Murry Englard, and demand information. Not only with this transaction but with BBAL overall. Like...what are projected revenues for 2011? Will there be a profit (net income) for 2011? What happened after 2008, Q2, when they made ONE MILLION DOLLARS in profit? How much debt is left? Why is the trading illiquid (prior to this last PR)? What is the current OS? Did you sell any shares on this PR? lol...etcetera, etcetera...



Most of this data was derived from the last 10-Q filed on 11/14/2008 by New York Health Care, Inc. (BBAL). It is your mission, should you accept, to take this data and turn it into information, lol...

GLTA and good day.
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