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Comprehensive Care Corporation Announces Extension of $5 Million Credit Facility
Date:10/25/2013

TAMPA, Fla., Oct. 25, 2013 /PRNewswire/ -- Comprehensive Care Corporation (OTCBB: CHCR), a leading behavioral health, substance abuse and pharmacy management provider for employers, Taft-Hartley health and welfare Funds, and managed care companies, today announced that it has extended its $5 million Senior Secured Credit Facility with TCA Global Credit Master Fund (TCA) for an additional six-month period.

Ramon Martinez, President of CompCare Pharmacy Solutions, Inc., stated, "We are very proud and excited about CompCare's current market position.  We believe CompCare is in a strong position to capture an important segment of the pharmacy market share, and we anticipate being able to monetize CompCare's efforts by Q1 of 2014.  We believe that our making TCA aware of our market position in pharmacy was instrumental in having TCA further extend to CompCare the term of its Credit Facility.  TCA has expressed to us its appreciation of the efforts we have expended to grow our business, and that it hopes to continue working with and helping us to achieve our corporate goals."

About TCA Global Credit Master Fund
TCA Fund Management Group manages the TCA Global Credit Master Fund and acts as an advisor to countless small companies from its offices in the United States, United Kingdom, and Australia.  TCA Fund is a short duration, absolute return fund specializing in senior secured lending to small, mainly listed companies in the U.S., Canada, Western Europe, and Australia.  The team has a level of domestic and cross-border expertise, longstanding experience, and funding innovations, as is reflected in the number of transactions completed.  This is a specialist business with an investment approach that fills an important finance gap in many leading markets. 
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SOURCE Comprehensive Care Corporation
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