PHI going public  

Companies go public to raise money. However in this case the reason may only be to squeeze out what moneys are left in the Air Medical side with the intent to sell. Things look better on the surface if they are traded publiclly. And if they do sell, it will be purchased by another Air Med program. Nobody but nobody would look at this purchase as a good deal. Its only worth money to those already in the industry for the contracts and equipment. It won't necessarily be good for the PHI Air Medical employees. I see many inflated and starving bases closed along with a total restructure of the company organization chart should this take place.