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Share Name | Share Symbol | Market | Type |
---|---|---|---|
(MM) | NASDAQ:LCAV | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.37 | 0 | 01:00:00 |
1)
|
Title
of each class of securities to which the transaction applies:
__________________________________________________________________
|
2)
|
Aggregate
number of securities to which transaction applies:
__________________________________________________________________
|
3)
|
Per
unit price or other underlying value of transaction computed pursuant to
Exchange Act Rule 0-11 (set forth the amount on which the filing fee is
calculated and state how it was determined):
__________________________________________________________________
|
4)
|
Proposed
maximum aggregate value of transaction:
__________________________________________________________________
|
5)
|
Total
fee paid:
__________________________________________________________________
|
o
|
Check
box if any part of the fee is offset by Exchange Act Rule 0-11(a)(2) and
identify the filing for which the offsetting fee was previously
paid. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its
filing.
|
1.
|
Amount
Previously Paid:
__________________________________________________________________
|
2.
|
Form,
Schedule or Registration No.:
__________________________________________________________________
|
3.
|
Filing
Party:
__________________________________________________________________
|
4.
|
Date
Filed:
__________________________________________________________________
|
·
|
The
incumbent directors of LCA-Vision are in the best position to guide the
Company during a turnaround period.
|
·
|
The
current management team has articulated a plan to enhance shareholder
value by: 1) preserving cash through cash and expense management; 2)
enhancing marketing strategies; 3) expanding the Company’s marketing
presence into new domestic markets; and 4) expanding the existing business
model into other complementary medical procedures and services through a
new Lifetime Vision model.
|
·
|
The
Joffe Group’s operations plan and business strategy as presented are
“particularly thin.”
|
·
|
Glass
Lewis cannot support the appointment of Stephen Joffe as a Director, in
light of accounting discrepancies at the Company during the tenure of
Joffe Group members Stephen Joffe, Craig Joffe and Alan Buckey as senior
executive officers of the Company.
|
·
|
The
Company, under Stephen Joffe’s leadership (and while Alan Buckey was CFO),
“was not effectively managing its financial reporting practices or lacked
internal accounting expertise.”
|
·
|
Edward
VonderBrink, as chairman of the audit committee at Streamline Health
Solutions, “has not performed that responsibility to the satisfaction of
the Streamline shareholders.”
|
·
|
The
remainder of the Joffe Group’s nominees do not “provide any unique or
necessary experience” that would benefit the
Company.
|
·
|
LCA-Vision’s
performance has been, on balance, in line with the Company’s closest
competitor.
|
Company
Contact:
Barb Kise
LCA-Vision Inc.
513-792-9292
|
Investor Relations
Contact:
Jody
Cain
Lippert/Heilshorn
& Associates
310-691-7100
|
1 Year (MM) Chart |
1 Month (MM) Chart |
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