MedClean Technologies, Inc.(fka MCLN)

[ronshappy]

did you read all posts? and see map -- they are covered.

oops wrong board please delete.

[pack10]

Thanks for the clarification. Lets hope for the best.

going back a few years I recall a discussion I had with Lakey. He implied they had enough parts to make 2 autoclaves. Would assume many of the common parts have been sold but maybe not. If this guy is really as sharp as he comes across we might see a sale or two.

[FroMagic]

The company can be saved (as well as everyone's shares), however, regaining compliance, etc. must happen in short order.

Otherwise, that's it.

[pack10]

Thanks,

Are our shares worthless? Could they save it or do they need to come back under different company name which would make our investment zero?

[FroMagic]

Got a few PM's asking for clarification. Essentially, if you have the resources to make a speculative capital investment, with the immediate goals of MCLN being SEC compliant, trading, and moving forward in a positive new direction - call Mr. Allen to participate.

[FroMagic]

MCLN update: Private offering for accredited investors. Interested parties may contact Phil Allen, VP Corporate Finance (tel: [phone]). He is handling the corporate finance and investment side getting ready to restructure and effect a new merger.

[elkonig]

You can kiss MCLN goodbye. Its been revoked.

[goose3]

is this officially over?

[pack10]

I wonder why the SEC only gave them 45 days? MedClean was supposed to have 90days.

[Slyder75]

now it's really over

[Renee]

MCLN revoked:

http://www.sec.gov/litigation/admin/2015/34-74944.pdf

[FroMagic]

I noticed that. 134M shares for CEO, 57M for the VP/Treasurer. Even past management gets some shares. Definitely incentive to grow the biz. Just need to get the financials done and get in good graces of the SEC again. Quickly.

[pack10]

The new CEO is getting all the shares from the past Ceo's so he'll have a huge incentive to grow this company. Let's hope he can get it going!!!

[pack10]

This is the first trade i've seen since the SEC has stepped in. A whole $5.00 bucks, are you kidding me. Who would bother? makes no sense to me.

I'd be interested if you got a reply.

[FroMagic]

One tiny trade goes thru each day since late last week. Odd.

Found the new CEO on LinkedIn. Wished him well and asked to release a plan going forward when he can.

[pack10]

200 shares trade and the pps stay even????????

[pack10]

We're still hanging on by the skin of our teeth, I guess you can say.

Wonder what the cost to file the financials is? Hope this new CEO can get the ball rolling and get this company on the right track.

[FroMagic]

8K released. New management. Not over yet.

http://biz.yahoo.com/e/150401/mcln8-k.html


"The Company has not responded to the Commission nor OTC Markets, however, management intends to use its best efforts to bring its financial statements current and file them as soon as practicable."

[Renee]

MCLN SEC Admin Law Judge Initial Decision to revoke registration on DEFAULT:

http://www.sec.gov/alj/aljdec/2015/id761ce.pdf

[FroMagic]

The website was taken down. The default placeholder webpage is ad driven, usually by the domain registrar.

Management has moved on and company done.

The months long rumor is whether another party has taken on the shell, will become SEC compliant and move it forward.

The next SEC announcement should answer that. They had to 'show cause' by 3/27 (last friday) or else.

We will all know shortly.

[yznhimr]

Check out the re-vamped Medclean website

http://www.medcleantechnologies.com/

To quote ttxxhorns: Something is coming!

[pack10]

This company is now traded on the grey sheets.

See a couple of posts back from Renee

[Drzucco]

My open order was cancelled, was MCLN delisted?

[FroMagic]

According to the CEO, we are supposed to get an update this week. They have until 3/27 to make a statement or "show cause" (according to the SEC), so it's now or never.

[pack10]

Now trading on the grey market

http://www.extraordinaryinvestor.com/grey-sheets.html

[Renee]

MCLN: SEC Admin Law Judge Order: ***Failure to respond!!

http://www.sec.gov/alj/aljorders/2015/ap-2432.pdf

[pack10]

Thanks, at least something.

[FroMagic]

Got a reply... Expect to see something either next week or the week after. Looking forward to hearing the path forward. Won't be easy, but I prefer it over nothing.

[FroMagic]

No recent statements or news on the SEC website since Feb 25 suspension. Not a peep as expected. Zilch.

[pack10]

As expected we hear nothing. Is something, at least alittle something going on?

[fogao 2012]

When we will trade again ?

[FroMagic]

Thanks Pack. I emailed John on monday and when I asked him if it was game over, he didn't say yes. I got a maybe. He was waiting to hear that day if it was or wasn't. I know he can't say anything that's not public, but it was cryptically hopeful. I assumed a forgone conclusion it was adios.

To hear it's still not 100% certain even now is surprising. Guess the SEC is still listening & MCLN is still trying. If this long rumored deal is happening, maybe they can get financials filed pronto. Still leaves a lot in limbo, but a start.

I don't expect a PR. I want to read the required answer to the SEC (if they file one), which is due 10 days from the SEC notice. That'll tell us a lot.

[pack10]

Not 100% certainty, but pretty darn close to it. My question, for some ray of hope with this outfit, will John put out a pr on what he gives the SEC? Highly doubtful, my guess. Almost a year ago now I contacted my local SEC office concerning companies that put themselves in the " no information" mode. I had a real good conversation with this individual and he said it was because of the money involved with staying current on their filings. That made sense to me. We didn't get into the costs but considering this company couldn't seem to generate any sales it seemed appropriate. Fast forward to today, i'm sure no to little sales, merger, partnership, highly doubtful. Whats left?

[FroMagic]

Thanks pack. I thought you might say that.

[pack10]

I'll try and be at my computer after market close for one hour.

[FroMagic]

Any word on MCLN?

[pack10]

Thanks for your reply. It has been for some time.

[pack10]

Hows that crystal ball?

[ttxxhorns]

Either way, you will win.


Compared to the market value on your statement is today.

[FroMagic]

If they don't file an answer, when this starts trading again on 3/11, there will be a flood to the exits and down she goes. Not enough lifeboats either.

Here's to hoping they manage to reply to the SEC.

MCLN's website has been down for a few days due to bandwidth limitation exceeded. Got some anxious & peeved investors.

[ttxxhorns]

Two possiblities.

Either way, we are going to make more gains than what we have now.

[FroMagic]

We will all know something very shortly. They have 7 more days to file an answer to the SEC. If they do, we may have a shred of hope. If they don't, that's it.

There is no excuse that MCLN has not filed even unaudited results to stay current and avoid this. Wouldn't take much time, money or effort.

[ttxxhorns]

Somebody knows something!


And soon we will too!

[FroMagic]

Well, at least now we will start to get some answers. MCLN is required to file a response to this within 10 days. Temporary suspension of trading ends 3/10/15.

[Renee]

MCLN SEC Suspension for Financials delinquencies:

http://www.sec.gov/litigation/suspensions/2015/34-74367.pdf

Order:

http://www.sec.gov/litigation/suspensions/2015/34-74367-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2015/34-74366.pdf

[pack10]

Are you going to every board on that list. I just read your same comments on another board.

Those of us who have followed MCLN know this. Tell us something we don't know.

[Renee]

MCLN is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.

Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.

Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.

MCLN is on the list of delinquent filers:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509

[Zardiw]

Well....that makes the OS 24M ......fwtfw.......et z

[ASK]

Yes they did in April 2013.

Since then they had been trying for RM. And they did not dilute any share.

[Zardiw]

They ever do that 1-100 RS they filed for in 2013?......et z