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Admar Group Inc

BUSINESS
July 29, 1992
Med Network, the preferred provider organization of Admar Corp., said Tuesday that it has added hospital and physician networks in 15 states. Benetta Rapier, director of network operations for the Santa Ana-based managed health-care corporation, said the expansion is a "result of Admar's desire to meet the needs of current clients, and is in keeping with its commitment toward the development of a national managed care system."
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BUSINESS
September 13, 1991
Admar Group Inc., the Santa Ana developer and administrator of managed health care services, posted net income of $57,000, or less than 1 cent per share, for the second fiscal quarter, down 50% from the $113,000, or 1 cent per share, recorded for the like period a year ago. Revenue for the quarter ended July 31 dropped 7%, to $2.5 million from $2.7 million.
BUSINESS
June 20, 1991
The Admar Group Inc., a provider of managed health care services, said Tuesday that it plans a one-for-five reverse stock split to make shares in the company more marketable. The over-the-counter stock has been trading around 62.5 cents per share. With a price five times than that amount, the stock should be more attractive to larger brokers, said Ann Rebollo, a company spokeswoman.
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