AMEX, AMS - American Shared Hospital Services
American Shared Hospital Services (?ASHS? and, together with its subsidiaries,
the ?Company?) provides Gamma Knife stereotactic radiosurgery equipment and
radiation therapy and related equipment to nineteen (19) medical centers in
seventeen (17) states, as of March 7, 2008. The Company provides the Gamma Knife
services through its 81% indirect interest in GK Financing, LLC, a California
limited liability company (?GKF?). The remaining 19% of GKF is owned by GKV
Investments, Inc., a wholly owned U.S. subsidiary of Elekta AG, a Swedish
company (?Elekta?). Elekta is the manufacturer of the Leksell Gamma Knife? (the
?Gamma Knife?). GKF is a non-exclusive provider of alternative financing
services for Elekta Gamma Knife units. Gamma Knife revenues accounted for 97% of
the Company?s revenue in 2007.
In April 2006, the Company invested $2,000,000 for a minority equity interest in
Still River Systems, Inc. ...
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