[IKorie]

They have investors (4 people, individuals) that own 20% of the hospital operations The investors have invested $20 million of which they have paid back $2,750,000 – balance $17,250,000. They want to do a $25 million note with an investor at 8% interest. The investor will receive the 20% ownership in the hospital. The intention is to pay off the $17,500,000 in debt and use the balance for operating capital and expansion.


The Hospital was founded in April 2016. They are a behavioral health and chemical dependency specialty hospital. This hospital is a vital part of addressing the opioid epidemic. They have completed construction of Phase I (20 Beds) in January 2017. They became accredited in August 2017 and began to apply for in-network privileges with all major insurance carriers. They have financing in place for Phase II (additional 24 beds) and Phase III (additional 36 beds). Phase II should be operational the 2nd quarter of 2019 and Phase III is scheduled for 1st quarter 2020.

[SmartAdvanced]

They have investors (4 people, individuals) that own 20% of the hospital operations The investors have invested $20 million of which they have paid back $2,750,000 – balance $17,250,000. They want to do a $25 million note with an investor at 8% interest. The investor will receive the 20% ownership in the hospital. The intention is to pay off the $17,500,000 in debt and use the balance for operating capital and expansion.


The Hospital was founded in April 2016. They are a behavioral health and chemical dependency specialty hospital. This hospital is a vital part of addressing the opioid epidemic. They have completed construction of Phase I (20 Beds) in January 2017. They became accredited in August 2017 and began to apply for in-network privileges with all major insurance carriers. They have financing in place for Phase II (additional 24 beds) and Phase III (additional 36 beds). Phase II should be operational the 2nd quarter of 2019 and Phase III is scheduled for 1st quarter 2020.

The $25 Million must be sent via wire, or a certified check is good?

[J.Celifarco]

damn it this sounds like my kind of a deal but I would only do it for 20 million. Also would only be able to fund with VENMO. Let me know if that works

[WestCoastFunding]

They have investors (4 people, individuals) that own 20% of the hospital operations The investors have invested $20 million of which they have paid back $2,750,000 – balance $17,250,000. They want to do a $25 million note with an investor at 8% interest. The investor will receive the 20% ownership in the hospital. The intention is to pay off the $17,500,000 in debt and use the balance for operating capital and expansion.


The Hospital was founded in April 2016. They are a behavioral health and chemical dependency specialty hospital. This hospital is a vital part of addressing the opioid epidemic. They have completed construction of Phase I (20 Beds) in January 2017. They became accredited in August 2017 and began to apply for in-network privileges with all major insurance carriers. They have financing in place for Phase II (additional 24 beds) and Phase III (additional 36 beds). Phase II should be operational the 2nd quarter of 2019 and Phase III is scheduled for 1st quarter 2020.

Call Marcus Chapman at Mantis. If they won’t do it, Cresthill will.

[Kevin Henry-Seacoast]

They have investors (4 people, individuals) that own 20% of the hospital operations The investors have invested $20 million of which they have paid back $2,750,000 – balance $17,250,000. They want to do a $25 million note with an investor at 8% interest. The investor will receive the 20% ownership in the hospital. The intention is to pay off the $17,500,000 in debt and use the balance for operating capital and expansion.


The Hospital was founded in April 2016. They are a behavioral health and chemical dependency specialty hospital. This hospital is a vital part of addressing the opioid epidemic. They have completed construction of Phase I (20 Beds) in January 2017. They became accredited in August 2017 and began to apply for in-network privileges with all major insurance carriers. They have financing in place for Phase II (additional 24 beds) and Phase III (additional 36 beds). Phase II should be operational the 2nd quarter of 2019 and Phase III is scheduled for 1st quarter 2020.

IKorie-This sounds like there is an equity component for the investment. That being said, I hope you are properly registered to market equity or equity like investments especially if the Company or you are located in Florida. If not, it is a quick and nice way to get to know a laundry list of regulatory agencies.