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The following is an excerpt from a S-3 SEC Filing, filed by NEW YORK HEALTH CARE INC on 9/12/2003.
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NEW YORK HEALTH CARE INC - S-3 - 20030912 - SUBJECT_STOCK_INFO

Subject to Completion, dated September 12, 2003

PROSPECTUS

NEW YORK HEALTH CARE, INC.

9,415,035 SHARES OF
COMMON STOCK, $.01 PAR VALUE

This prospectus will allow us to issue up to a total of 7,000,000 shares of our $.01 par value common stock from time to time at prices and on terms to be determined at or prior to the time of the offering. We will provide you with specific terms of any offering in one or more supplements to this prospectus. You should read this document and any prospectus supplement carefully before you invest.

The selling stockholders identified in this prospectus may sell, pursuant to this prospectus, up to 2,415,035 shares of our common stock, including 1,415,035 shares issuable upon exercise of outstanding warrants and conversion of outstanding preferred stock. We will not receive any proceeds from the sale of shares by the selling stockholders.

Our common stock is listed on the Nasdaq SmallCap Market under the symbol "BBAL" and on the Boston Stock Exchange under the symbol "BIB." On September 10, 2003, the last reported sale price of our common stock on Nasdaq was $3.69 per share. Prospective purchasers of common stock are urged to obtain current information as to the market prices of our common stock.

YOU SHOULD CONSIDER CAREFULLY THE RISKS THAT WE HAVE DESCRIBED IN "RISK FACTORS", BEGINNING ON PAGE 5, BEFORE DECIDING WHETHER TO INVEST IN OUR COMMON STOCK.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The date of this prospectus is , 2003.


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