-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CT78JYc1nOs8NxJsM7V/ymSw3/Q0cv3Bhs4t9QWAjiWFYquHmoI02RAqkDBWn4NK y54yVlt2a8u0FTjRv6sNSA== 0000950144-04-011616.txt : 20041130 0000950144-04-011616.hdr.sgml : 20041130 20041130090931 ACCESSION NUMBER: 0000950144-04-011616 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041130 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041130 DATE AS OF CHANGE: 20041130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPREHENSIVE CARE CORP CENTRAL INDEX KEY: 0000022872 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] IRS NUMBER: 952594724 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09927 FILM NUMBER: 041173209 BUSINESS ADDRESS: STREET 1: 200 SOUTH HOOVER BLVD STREET 2: SUITE 200 CITY: TAMPA STATE: FL ZIP: 33609 BUSINESS PHONE: 813-288-4808 MAIL ADDRESS: STREET 1: 200 SOUTH HOOVER BLVD STREET 2: SUITE 200 CITY: TAMPA STATE: FL ZIP: 33609 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES DATE OF NAME CHANGE: 19730501 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES INC DATE OF NAME CHANGE: 19700402 FORMER COMPANY: FORMER CONFORMED NAME: JADE OIL CO DATE OF NAME CHANGE: 19700402 8-K 1 g92163e8vk.htm COMPREHENSIVE CARE CORPORATION Comprehensive Care Corporation
Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT,
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT: November 30, 2004

COMPREHENSIVE CARE CORPORATION

(Exact Name of Registrant as Specified in Charter)
         
Delaware   1-9927   95-2594724

 
 
 
 
 
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)
         
204 South Hoover Boulevard
Suite 200
Tampa, Florida
      33609

 
     
 
(Address of Principal Executive Offices)       (Zip Code)

Registrant’s telephone number, including area code: (813) 288-4808

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 


TABLE OF CONTENTS

Item 8.01. Other Events.
Item 9.01. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
Ex-99.1: Press Release dated November 30, 2004.


Table of Contents

Item 8.01. Other Events.

On November 30, 2004, Comprehensive Care Corporation (the “Company”) issued a press release, furnished herewith as Exhibit 99.1 and incorporated herein by reference, announcing the execution of a service agreement with Eye Care International, Inc.

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements. None.
(b) Pro Forma Financial Information. None.
(c) Exhibits. See Exhibit Index immediately following the signature page hereto.

CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Certain information included in this report on Form 8-K and in other Company reports, SEC filings, statements, and presentations is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning the Company’s anticipated operating results, financial resources, increases in revenues, increased profitability, interest expense, growth and expansion, and the ability to obtain new behavioral healthcare contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other Company reports, SEC filings, statements, and presentations. These risks and uncertainties include local, regional, and national economic and political conditions, the effect of governmental regulation, the competitive environment in which the Company operates, and other risks detailed from time to time in the Company’s SEC reports.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
         
  COMPREHENSIVE CARE CORPORATION
 
 
  By:   /s/ Robert J. Landis    
    Name:   Robert J. Landis   
Date: November 30, 2004    Title:   Chairman of the Board, Chief Financial Officer and Treasurer   

2


Table of Contents

EXHIBIT INDEX

         
Exhibit
  Description    
 
       
99.1
  Press Release dated November 30, 2004.    

3

EX-99.1 2 g92163exv99w1.htm EX-99.1: PRESS RELEASE DATED NOVEMBER 30, 2004. Ex-99.1: Press Release dated November 30, 2004.
 

[COMPCARE LOGO]

EXHIBIT 99.1

COMPREHENSIVE CARE CORPORATION SIGNS STRATEGIC SERVICE
AGREEMENT WITH EYE CARE INTERNATIONAL

TAMPA, FL – (BUSINESSWIRE) –November 30, 2004 – Comprehensive Care Corporation (OTCBB: CHCR) and Eye Care International, Inc. (OTCBB: EYCI) announced the signing of a strategic service agreement providing, in part, for the purchase by CompCare of 125,000 Eye Care International vision plans and the option of purchasing an additional 875,000 vision plans for future use by CompCare in conjunction with its managed behavioral healthcare business.

According to Mary Jane Johnson, President and CEO of CompCare, “Industry experts have identified early detection of vision irregularities as significant factors in school and home behaviors. As a result, we believe our clients can add value to the healthcare of their members by taking preventive measures that can impact their behavioral well being. With over 50% of our members being children, CompCare made a concerted effort to identify a single source program that could provide its clients with a method for early detection and management of vision problems, which, if undetected, could lead to low self-esteem and depression. We believe Eye Care International offers a vision program that, in a cost-effective manner, can accommodate our clients’ needs. The plan provides one family member with an efficient, no-cost eye screening and a national network of eye care professionals to service the entire family (both children and adults) to quickly treat those at risk. In addition, the plan provides for discounted vision products available for purchase by the entire family. For these reasons, we have purchased 125,000 vision plans from Eye Care International with an option to purchase 875,000 additional plans. To our knowledge, we are the only company of our kind offering this form of early detection within our market segment.”

Clark A. Marcus, Eye Care International’s Chairman and CEO said, “We are pleased to have entered into this relationship with Comprehensive Care Corporation. CompCare’s business is heavily weighted towards children, an age category that eye care services can have a dramatic impact upon. Eye Care International’s vision plan will allow CompCare to offer its clients a leading edge product for the early detection of vision disorders.”

About Comprehensive Care Corporation
Established in 1969, Comprehensive Care Corporation administers and operates behavioral health, substance abuse, and employee assistance programs for governmental agencies and managed care companies throughout the United States. Headquartered in Tampa, Florida, CompCare operates regional service and operations centers in Connecticut, Florida, Michigan, and Texas; serves approximately 1,000,000 covered individuals nationwide; and has a network of approximately 10,000 behavioral health practitioners.

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain information included herein and in other Company reports, SEC filings, statements, and presentations is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning the Company’s anticipated operating results, financial resources, increases in revenues, increased profitability, interest expense, growth and expansion, and the ability to obtain new behavioral healthcare contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other Company reports, SEC filings, statements, and presentations. These risks and uncertainties include local, regional, and national economic and political conditions, the effect of governmental regulation, the competitive environment in which the Company operates, and the other risks detailed from time to time in the Company’s SEC reports.

FOR MORE INFORMATION, PLEASE CONTACT:

Comprehensive Care Corporation
Robert J. Landis, Chairman, Chief Financial Officer and Treasurer
Telephone: (813) 288-4808
  Eye Care International, Inc.
Steven Kaye, Investor Relations
Telephone: (813) 323-7878

-----END PRIVACY-ENHANCED MESSAGE-----