Wasserman Morris Initiates Research Coverage on Crdentia
March 11 2008 - 7:00AM
PR Newswire (US)
Rated Speculative Buy, $0.51 Price Target DALLAS, March 11
/PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT) (BULLETIN
BOARD: CRDT) , a leading healthcare staffing company, today
announced that Wasserman Morris & Company, an independent
investment research firm, initiated coverage on the Company with a
'Speculative Buy' rating and a price target of $0.51 per share. The
report is available at
http://www.crdentia.com/corporate/about/investor/ and through
http://www.wassermanmorris.com/. About Crdentia Corp. Crdentia
Corp., one of the nation's leading providers of healthcare staffing
solutions, is focused on recruiting talented national and
international healthcare professionals to meet the ever-increasing
employment needs of over 2,300 clients. Crdentia is one of the few
companies that can provide quality temporary staff for all
healthcare industry positions including local nurses, travel
nurses, allied health, locum tenens and home care professionals.
For more information, visit http://www.crdentia.com/. Forward
Looking Statements Statements contained in this release that are
not historical facts are forward-looking statements that involve
risks and uncertainties. Among the important factors which could
cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to, those
discussed in "Risk Factors" in the Company's Forms 10-K, Forms
10-Q, and other filings with the Securities and Exchange
Commission. Such risk factors include, but are not limited to, a
limited operating history with no earnings; reliance on the
Company's management team, members of which have other business
interests; the ability to successfully implement the Company's
business plan; the ability to continue as a going concern; the
ability to fund the Company's business and acquisition strategy;
the growth of the temporary healthcare professional staffing
business; difficulty in managing operations of acquired businesses;
uncertainty in government regulation of the healthcare industry;
and the limited public market for the Company's common stock. The
actual results that the Company achieves may differ materially from
any forward-looking statements due to such risks and uncertainties.
Crdentia undertakes no obligation to revise or update publicly any
forward-looking statements for any reason. Contact Crdentia Corp.
John Kaiser, CEO Phone: 972.850.0780 Fax: 972.392.2722 Jim
TerBeest, CFO Phone: 972.850.0780 Fax: 972.392.2722 DATASOURCE:
Crdentia Corp. CONTACT: John Kaiser, CEO, +1-972-850-0780, fax,
+1-972-392-2722, , or Jim TerBeest, CFO, +1-972-850-0780, fax,
+1-972-392-2722, , both of Crdentia Corp.
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