11:48 AM EST - Patient Home Monitoring Corp. : has executed a non-binding Letter of Intent (LOI) to acquire a company in Oklahoma reporting unaudited 12-month annual revenues of approximately $3,000,000 and Adjusted EBITDA margins in excess of 15%. PHM plans to close this acquisition concurrently with the LOI signed October 1, 2014 in Texas. Patient Home Monitoring Corp.
shares V.PHM are trading up $0.09 at $1.12.