Newest Filing: Fields Ephraim Just Opened Huge Adcare Health Systems, Inc Position

Newest Filing: Fields Ephraim Just Opened Huge Adcare Health Systems, Inc Position

The New Fields Ephraim Holding in Adcare Health Systems, Inc

Fields Ephraim filed with the SEC SC 13D/A form for Adcare Health Systems, Inc. The form can be accessed here: 000168316816000258. As reported in Fields Ephraim’s form, the filler as of late owns 3.2% or 632,895 shares of the Health Care–company.

Adcare Health Systems, Inc stake is a new one for the and it was filed because of activity on October 4, 2016. We feel this shows Fields Ephraim’s positive view for the stock.

Reasons Why Fields Ephraim Bought – Adcare Health Systems, Inc Stock

ITEM 4. PURPOSE OF TRANSACTION

The Reporting Personpurchased the Common Stock for investment purposes. Depending upon overall market conditions, other investment opportunities availableto the Reporting Person, and the availability of shares at prices that would make the purchase or sale of Common Stock desirable,each Reporting Person may endeavor to increase or decrease its position in the Issuer through, among other things, the purchaseor sale of Common Stock on the open market or in private transactions or otherwise, on such terms and at such times as the ReportingPerson may deem advisable. Each Reporting Person may engage in short selling or hedging or similar transactions with respect tothe Common Stock, on such terms and at such times as the Reporting Person may deem advisable.

Except to the extentdiscussed herein, the Reporting Person does not have any present plan or proposal which would relate to or result in any of thematters set forth in subparagraphs (a) – (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon orin connection with completion of, or following, any of the actions discussed herein. Each Reporting Person intends to review itsinvestment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer’sfinancial position and investment strategy, the price levels of the shares, conditions in the securities markets and general economicand industry conditions, the Reporting Person may in the future take such actions with respect to its investment in the Issueras it deems appropriate including, without limitation, continuing to engage in communications with management and the Board ofthe Issuer, engaging in discussions with stockholders of the Issuer and others about the Issuer and the Reporting Person’sinvestment, making other proposals to the Issuer concerning changes to the capitalization, ownership structure, board structureor operations of the Issuer, purchasing additional shares, selling some or all of its shares, engaging in short selling of or anyhedging or similar transaction with respect to the Common Stock, or changing its intention with respect to any and all mattersreferred to in Item 4.

Cusip No. 00650W300 13D Page 4 of 6

As previously disclosed,on March 14, 2016, Ephraim Fields submitted a letter to the Board of Directors of the Issuer.

Business Profile

AdCare Health Systems, Inc., through its subsidiaries, is a self-managed real estate investment company that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities. The Company owns, leases, or manages for third parties approximately 40 facilities mainly in the Southeast. Its portfolio consists of over 30 skilled nursing facilities, approximately two assisted living facilities and an independent living facility. The Company’s facilities provide a range of healthcare and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for both long-term and short-stay patients and residents.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Analysts await AdCare Health Systems, Inc. (NYSEMKT:ADK) to report earnings on November, 10.

The stock decreased 7.31% or $0.16 on October 5, hitting $2.03. AdCare Health Systems, Inc. (NYSEMKT:ADK) has declined 4.74% since March 3, 2016 and is downtrending. It has underperformed by 13.08% the S&P500.

AdCare Health Systems, Inc., through its subsidiaries, is a self-managed real estate investment firm that invests in real estate purposed for long-term care and senior living. The company has a market cap of $41.44 million. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities. It currently has negative earnings. The Firm owns, leases, or manages for third parties approximately 40 facilities mainly in the Southeast.

More notable recent AdCare Health Systems, Inc. (NYSEMKT:ADK) news were published by: Marketwatch.com which released: “AdCare Health Systems Inc.” on November 11, 2010, also Prnewswire.com with their article: “AdCare Health Systems Reports Second Quarter 2016 Results” published on August 15, 2016, Seekingalpha.com published: “AdCare Health Systems’ (ADK) CEO Bill McBride on Q1 2016 Results – Earnings …” on May 17, 2016. More interesting news about AdCare Health Systems, Inc. (NYSEMKT:ADK) were released by: Seekingalpha.com and their article: “AdCare Health Systems’ (ADK) CEO Bill McBride on Q2 2016 Results – Earnings …” published on August 15, 2016 as well as Quotes.Wsj.com‘s news article titled: “News AdCare Health Systems Inc.ADK” with publication date: February 13, 2011.

According to Zacks Investment Research, “AdCare Health Systems, Inc. is a recognized innovator in senior living and health care facility management. AdCare owns and manages long-term care facilities and retirement communities, and since the company’s inception in 1988, its mission has been to provide the highest quality of healthcare services to the elderly, including a broad range of skilled nursing and sub-acute care services.”

ADK Company Profile

AdCare Health Systems, Inc., incorporated on August 14, 1991, through its subsidiaries, is a self-managed real estate investment firm that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities. The Firm owns, leases, or manages for third parties approximately 40 facilities mainly in the Southeast. The Company’s portfolio consists of over 30 skilled nursing facilities, approximately two assisted living facilities and an independent living facility.

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