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18. Subsequent events
3 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
18. Subsequent events

18. Subsequent events

 

Application to stock exchange

The Company is in the process of applying to the New York Stock Exchange (“NYSE”) which would allow the Company to be listed on the NYSE-Amex exchange. The Company believes being listed on the NYSE will assist it in attracting the capital needed to support its operations.

 

Clinic expansion

The Company is seeking to significantly increase its capacity at its in-patient treatment facility from 36 beds to 200 beds over the next twenty four months.

 

Awarded an exclusive regional contract

The Company was awarded an exclusive contract to provide treatment services for a major regional government organization with regards to post traumatic stress disorder. The Company plans to open a second facility in order to service this contact.

 

Surgical suite

The Company has decided to move forward with a multi-year lease extension at its facility which will allow the Company to make the investment to expand into providing surgical procedures such as gastric banding and non-related procedures such as plastic surgery.