SOURCE: Market Pulse

November 19, 2009 08:30 ET

Market Pulse Breaking News Alert for Thursday, November 19, 2009: TCSR -- TrinityCare Senior Living Announces $1.65 Million Investment Agreement as Significant Milestone for Expansion Accomplished!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - November 19, 2009) - Market Pulse News Alert for this AM, Stocks to Watch are: TrinityCare Senior Living, Inc. (OTCBB: TCSR), Advanced Micro Devices Inc. (NYSE: AMD), NetApp Inc. (NASDAQ: NTAP) and Bergio International Inc. (OTCBB: BRGO).

Investors need to be watching TrinityCare Senior Living, Inc. (OTCBB: TCSR) this AM! TrinityCare develops, manages, and owns quality senior living facilities that focus on enriching the faith of the residents and providing state-of-the-art independent living, assisted living, memory care and adult day care services in a single location. TrinityCare is not a start-up or emerging growth company, but an experienced operator of senior living facilities. The company partners with local churches and land developers for each facility to offer a wide range of both community and personal services to residents. TrinityCare is a rapidly growing business with three successful facilities; Trinity Oaks of Pearland, Texas, Trinity Hills of Knoxville, Tennessee and Trinity Shores of Port Lavaca, Texas. TrinityCare's properties in Knoxville and Port Lavaca obtained their certificate of occupancy in June and July of 2007, respectively. The total occupancy of all 3 projects as of July 31, 2009 was roughly 90%, based upon available units. Revenues exceed $6,000,000 with gross profit margins in excess of 60%. The company will capitalize each new project in 2010 through land contribution (from a church or land developer ranging from $1.0M to $2.0M), cash investments (typically $500,000 to $750,000 per project), and HUD 232 guaranteed financing through lenders who have underwritten TrinityCare (Wells Fargo and Duetsche Bank Berkshire Mortgage). The typical project cost is $10 million, and is 82 units covering 61,000 square feet. The company expands only in areas where there is a significant unmet need and where success can be easily achieved in a short period of time. The growth of the senior adult population is anticipated to expand rapidly over the next two decades, and thus supply cannot keep up with demand. It is estimated that over 6.5 million seniors currently need assistance with activities of daily living. Current expenditures for senior living in the United States exceeds $283 billion, with an estimated expenditure of $508 billion in 2030. Future and planned expansion developments will be in Pearland, Texas; Katy, Texas, Covington, Louisiana; Shreveport, Louisiana; Seymour, Tennessee; and Crossville, Tennessee. These projects will add an additional 488 units to the company bringing the total to 718 units. Current market valuation for these types of projects would bring the valuation to over $100 million. Currently, using this valuation, the fair market value of existing facilities is $32 million, with debt of $18 million, and cash investments thus far of $4 million. The company has experienced leadership, capable of rapid expansion, and excellent relationships with lenders and investors. Donald W. Sapaugh, Chairman and Chief Executive Officer of TrinityCare Senior Living, Inc. stated, "We carefully analyze the economics of each proposal and expect expansion in new and existing markets to serve as the foundation for profitability and the enhancement of shareholder values in the future." TrinityCare Senior Living, Inc. is poised to become a significant player in the long-term healthcare facilities industry! TCSR just had excellent news out in a press release before today's bell announcing the execution of a $1.65 Million investment agreement by RCHP, LLC, a Texas-based boutique investment firm! The company also said that this was a significant milestone for their expansion! This could be great news for investors!

TrinityCare Senior Living, Inc. (OTCBB: TCSR) which develops, manages and owns faith-based senior living facilities, today announced the execution of a $1.65 Million investment agreement by RCHP, LLC, a Texas-based boutique investment firm.

"We are very pleased to have RCHP as an investor in our expansion. Their confidence in our vision and strategy is encouraging at a time when investment dollars are limited," stated Donald W. Sapaugh, Chairman and Chief Executive Officer of TrinityCare Senior Living, Inc. "This capital infusion, coupled with our senior lending agreements on new construction, will reduce our capital requirements significantly and allow us to achieve our previously outlined growth goals for 2010."

The investment will be made on a per-project basis and will range from $225,000 to $300,000 in cash, based upon the timing and location of new senior living projects. Each investment will be into a special purpose entity and will provide to RCHP, LLC a 10% accrued return on investment, with a target 18% internal rate of return over a three-to-five-year period. The return on investment will be paid in cash or stock at the option of TrinityCare. RCHP has a consistent history of positive and productive investments for its investors. The expected dilution to TrinityCare shareholders under this investment agreement is expected to be minimal.

About TrinityCare Senior Living, Inc.

TrinityCare Senior Living ("TrinityCare") develops, owns, and manages quality senior living facilities that focus on enriching the faith of the residents and providing state-of-the-art independent living, assisted living, memory care and adult day care services in a single location. The Company partners with local churches and developers for each facility and offers a wide range of both community and personal services to residents. TrinityCare is a rapidly growing company with three successful facilities currently operating in Texas and Tennessee. Near-term expansion plans target the Southeastern part of the United States. For more information please visit www.trinitycare.com. TrinityCare is headquartered in Friendswood, Texas (Houston metropolitan area) and its common stock trades on the OTC Bulletin Board under the symbol "TCSR."

Stocks in the news and acting well as of late include: Advanced Micro Devices Inc. (NYSE: AMD), NetApp Inc. (NASDAQ: NTAP) and Bergio International Inc. (OTCBB: BRGO).

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