Exhibit 99(ii) Proposed Merger of Medicore into Dialysis Corporation of America - ----------------------------------------------------------------------------- : Parties: : Medicore, Inc. will merge into Dialysis : Corporation of America ("DCA"). : - ----------------------------------------------------------------------------- : Shares Outstanding, : Medicore outstanding shares : 7,132,434 Fully Diluted (all options : 7,778,429 (7,132,434 + 645,995) included): : : - ----------------------------------------------------------------------------- : Consideration to Medicore: : Each Medicore shareholder will receive .68 : shares of DCA common stock for each share of : Medicore. : - ----------------------------------------------------------------------------- : Total DCA Shares to be : 5,289,332 shares of DCA Distributed to Medicore : Shareholders: : : - ----------------------------------------------------------------------------- : DCA Acquires All Assets : The assets include, but are not limited to: and Liabilities of Medicore: : : 1. Medicore Medical Supply Division : 2. All buildings and properties in : Hialeah, Florida : 3. LGP and Xandros stock : 4. Royalty interests to be received from : Viragen royalty agreement : 5. Net cash of between $4,000,000 - : $5,000,000 : - ----------------------------------------------------------------------------- : Expenses: : Each party will pay their own : expenses. : - ----------------------------------------------------------------------------- : Conditions to Closing: : The transaction is subject to a favorable : tax opinion, fairness opinion, and the : approval of Medicore and DCA shareholders. : - -----------------------------------------------------------------------------