X0202 4 2004-10-18 0 0000787030 VISTACARE, INC. VSTA 0001283815 ENDOWMENT CAPITAL GROUP LLC 1007 NORTH ORANGE STREET, SUITE 757 WILMINGTON DE 19801 0 0 1 0 0001286800 LONG DRIVE L P 1007 NORTH ORANGE STREET, SUITE 757 WILMINGTON DE 19801 0 0 1 0 0001286807 ENDOWMENT CAPITAL L P 1007 NORTH ORANGE STREET, SUITE 757 WILMINGTON DE 19801 0 0 1 0 0001080175 TIMON PHILIP C 1007 NORTH ORANE STREET, SUITE 757 WILMINGTON DE 19801 0 0 1 0 0001297571 Endowment Management, LLC 1007 N. ORANGE STREET, SUITE 757 WILMINGTON DE 19801 0 0 1 0 Common Stock 2004-10-18 4 P 0 20000 13.3584 A 1738607 I See Footnotes Common Stock 2004-10-19 5 P 0 E 12200 13.5567 A 1750807 I See Footnotes 1, 2, 3, 4 Common Stock 2004-10-19 5 P 0 E 3000 13.4836 A 1753807 I See Footnotes 1, 2, 3, 4 Endowment Capital, L.P. (1,125,983 shares) and Long Drive, L.P. (627,824 shares) (collectively, the "Funds") directly own the 1,753,807 shares of Common Stock (the "Shares"). Endowment Capital Group, LLC is the sole general partner and Endowment Management, LLC is the sole investment manager of each of the Funds. Philip Timon is the sole managing member of Endowment Capital Group, LLC and Endowment Management, LLC. By virtue of its position as the sole general partner of the Funds, Endowment Capital Group, LLC may be deemed to be the indirect beneficial owner of the Shares. Nothing in this Form 4 shall be deemed an admission that Endowment Capital Group, LLC is, for purposes of Section 16 of the Securities Act or otherwise, the beneficial owner of any securities reported on this Form 3 in which it does not have a pecuniary interest as calculated pursuant to the rules and regulations promulgated under Section 16 of the Securities Act. By virtue of its position as the investment manager of the Funds, Endowment Management, LLC may be deemed to be the indirect beneficial owner of the Shares. Nothing in this Form 4 shall be deemed an admission that Endowment Management, LLC is, for purposes of Section 16 of the Securities Act or otherwise, the beneficial owner of any securities reported on this Form 3 in which it does not have a pecuniary interest as calculated pursuant to the rules and regulations promulgated under Section 16 of the Securities Act. By virtue of his position as the managing member of both Endowment Capital Group, LLC and Endowment Management, LLC, Philip Timon may be deemed to be the indirect beneficial owner of the Shares. Nothing in this Form 4 shall be deemed an admission that Philip Timon is, for purposes of Section 16 of the Securities Act or otherwise, the beneficial owner of any securities reported on this Form 3 in which he does not have a pecuniary interest as calculated pursuant to the rules and regulations promulgated under Section 16 of the Securities Act. See footnotes above and attached Exhibit 99. See Exhibit 99 2004-10-20