PROXY CORNER: Arcadia Resources

 IBJ Staff
October 16, 2010
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Proxy Corner

Arcadia Resources Inc., 9320 Priority Way West Drive, Indianapolis, 46240 (www.arcadiaresourcesinc.com) offers pharmacy services. In addition, the company provides home health care staffing and sells medical equipment by catalog. Its flagship pharmacy product is DailyMed, which packages dosages of prescription medicines into individual packets labeled with the time of day they are to be taken. In the year ended March 31, 2010, Arcadia lost $31.1 million, or 19 cents per diluted share, on revenue of $103.6 million. That compares with a loss of $46.5 million, or 35 cents per share, on $106.1 million in revenue a year earlier. The company’s shares trade on AMEX under the ticker symbol KAD. Information for Proxy Corner was taken from Yahoo Finance, www.sec.gov and from the company’s proxy statement dated June 28, 2010.

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