March 10, 2008
Prospector
Profile
3-4-003
 
The Quantum Group, Inc. NAICS 541610
3420 Fairlane Farms Road, Suite C, Wellington, FL 33414 Description Mgt. Consulting Services
(561) 798-9800 Employees 40
http://www.qtum.com/ Revenue (mil) 4.5600
  Income (mil) -11.2600
  Assets (mil) 1.6200
  Liability (mil) 10.9500
  (for the year ended 2007-10-31)
 
Category: Loss/Deficit
 
Event: The Quantum Group, Inc., had a net loss of $11.26 million on revenues of $4.56 million for the year ended October 31, 2007, compared to a net loss of $4.67 million on revenues of $95,253 in the prior year. At October 31, 2007, the Company's balance sheet showed an accumulated deficit of $19.37 million and stockholders' deficit of $9.33 million. The Company's balance sheet also showed strained liquidity with $1.36 million in total current assets available to pay $10.25 total current liabilities.
 
Intellectual Property: The Company has filed five provisional business process patents with the United States Patent and Trademark office for the chronologies that reflect and underscore the comprehensive approach of the Company to the healthcare industry. [SEC Filing 10-KSB 02-13-08]
 
Description: The Quantum Group, Inc., provides business solutions for health maintenance organizations (HMOs) that market Medicare Advantage managed healthcare plans, as well as to healthcare providers through its Community Health Systems (CHS) in the state of Florida.
 
Officers: Noel J. Guillama (Chair, CEO & Pres.); Donald B. Cohen (EVP, CFO & Dir.); Susan D. Guillama (EVP, Sec., Chief Admin. Officer & Dir.); James D. Baker (Dir.); Mark Haggerty (Dir.); Michael Rosenbaum (Dir.); Peter Nauert (Dir.); Jose de la Torre (Dir.); Alberto Del Valle (Dir.); Lawrence B. Fisher, Esq. (Dir.); Gregg M. Steinberg (Dir)
 
Auditor: DaszkalBolton LLP
 
Securities: Common Stock Symbol QGP; AMEX; 8,819,829 common shares outstanding as of January 30, 2008.
 
 
 
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