Birner Dental Management Services, Inc. Completes Sale Of Monument, Colorado Dental Office
BIRNER DENTAL MGMT (BDMS)
US:NASDAQ Investor Relations:
perfectteeth.com/our-company/investor-relations
Company Research
Source: PR Newswire
DENVER, Aug. 20, 2018 /PRNewswire/ -- Birner Dental Management Services, Inc. (OTCQX: BDMS), business services provider of PERFECT TEETH® dental practices, announced today that it has completed the sale of its Monument, CO dental office. The sale of the Monument office is expected to have a positive effect on the Company's consolidated EBITDA from operations on an ongoing basis.While the Company has no formal plan in place to reduce its overall footprint, Management and the Board of Directors have initiated a detailed review of all underperforming locations. The review will seek to maximize the Company's cash flow, potentially repurpose valuable capital equipment, and rationalize or rebalance office personnel costs.Forward-Looking StatementsCertain of the matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. These include statements regarding the Compa
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