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On 7/31/08 they sold 655K shs+ warrants to help purchase the surgical services division. From 11/08 10Q

In connection with the acquisition of the assets of the Services Division, on July 31, 2008, the Company received investment commitments totaling $1,130,890 from 15 investors to purchase the Company’s Common Stock. The commitments consisted of 665,229 Units and at an offering price of $1.70 per Unit. Each Unit consisted of one share of Common Stock and a Warrant to purchase 0.6 share of Common Stock at an exercise price of $1.75 per whole share. The Warrants expire at the close of business on July 31, 2013. Of the 665,229 Units, 533,825 Units (equivalent to $907,503) were purchased by officers and directors of the Company

(me)More recently they also acquired New York Cryosurgery Equipment, LLC. Terms were not disclosed. This transaction was not expected to have a "immediate" financial impact.

PR at: http://finance.yahoo.com/news/Emergent-G...