X0203 3 2009-01-21 0 0000022872 COMPREHENSIVE CARE CORP CHCR 0001421562 Yeap Arthur 3405 W DR MARTIN LUTHER KING, JR BLVD SUITE 101 TAMPA FL 33607 1 0 0 0 Series B1 Preferred Stock Common stock 77171 D Series B2 Preferred Stock Common stock 122829 D The Reporting Person acquired 28.38983 shares of the Issuer's Series B1 Preferred Stock in exchange for all of his holdings of Core Corporate Consulting Group, Inc., which was acquired by the Issuer pursuant to a Merger Agreement. Upon the occurrence of certain conditions set forth in the Merger Agreement, which the Issuer expects to occur within 60 days of the date of this Form 3, the Series B1 Preferred Stock may be convertible into 244 shares of the Issuer's Series C Preferred Stock which in turn may further convert into 77,171 shares of common stock of the Issuer. The conversion feature has no expiration date. The Reporting Person acquired 45.16949 shares of the Issuer's Series B2 Preferred Stock in exchange for his holdings of Core Corporate Consulting Group, Inc., which was acquired by the Issuer pursuant to a Merger Agreement. Upon the occurrence of certain conditions set forth in the Merger Agreement, which the Issuer expects to occur within 60 days of the date of this Form 3, the Series B2 Preferred Stock will convert into 122,829 shares of common stock of the Issuer. The conversion feature has no expiration date. /s/ Scott Bates as attorney-in-fact for Arthur Yeap 2009-01-30