Pursuant to Rule 424(b)(3)
Registration No. 333-03530
VISION HEALTH CARE, INC.
SUPPLEMENT
This Supplement is part of the Prospectus dated July 22, 1996
and should be read in conjunction therewith.
There was an inadvertent mistake in the per share calculations set
forth in Footnote 2, page F-7, and Footnote 2, page F-10 of the Company's
Prospectus dated July 22, 1996. The correct calculations are set forth in
the following footnotes, which replace the applicable footnotes in the
Prospectus.
Footnote 2, Page F-7
2. Alternative Offering of Shares
The following table demonstrates the effect on debt,
stockholders' equity, interest expense, net income and per
share amounts of various combinations of stock and short-term
debt financing:
Shares Stockholders' Interest Net Per
Sold Debt Equity Expense Income Share
(in thousands, except share and per share data)
300 $2,000 $3,024 $27 $222 $.49
400 1,000 4,024 14 230 .41
500 - 5,024 - 238 .36
Footnote 2, Page F-10
2. Alternative Offering of Shares
The following is a chart of various ranges of alternative offering
of shares and financing and their effect on certain financial
statement items:
Shares Stockholders' Interest
Sold Debt Equity Expense Net Loss Per Share
(in thousands, except share and per share data)
300 $2,000 $3,024 $110 $(2,379) $(5.22)
400 1,000 4,024 55 (2,344) (4.22)
500 - 5,024 - (2,310) (3.52)
The date of this Supplement is August 8, 1996.
