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Medical Alarm Concepts Holding, Inc. (MDHI)

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Last Post: 5/24/2016 9:27:08 AM - Followers: 151 - Board type: Free - Posts Today: 1

Medical Alarm Concepts Holding, Inc.

CORPORATE HEADQUARTERS

5215-C Militia Hill Road • Plymouth Meeting, Pennsylvania 19462 • United States
Phone: 877-639-2929 • Fax: 610-872-9066

www.MediPendant.com



WATCH FOR THE NAME CHANGE

TO:



WEARABLE HEALTH

SOLUTIONS,


INC.



State of the Art 3G Medical Alert




Medical Alarm Concepts Enters the

Wearable Health Care Monitoring

 Market

 

 
 

The iHelp+ 3G gives the PERS/mPERS dealer the opportunity to offer its customers the latest in mPERS 3G wireless coverage. The iHelp+ is compact and lightweight at only 1.5 oz. It is water-resistant and extremely durable. It also includes a fall detection system that may be turned on or off by the dealer, a GPS locationfinder, and Geo-fencing (can also be turned on and off by the dealer), which enables family, friends, and/or loved ones to be notified if the user steps outside of their pre-programmed ‘safe zone’. The unit has a fully supervised battery that will notify the operator, and announce to the user when the battery is low.

Enhanced kits even include a Smart charger/Docking station with speaker and microphone. The Smart charger/Docking station enables the user to leave the pendant ‘docked’ and use a small, remote button that they can wear around the wrist or on a lanyard around the neck (in several cool colors).
 

The iHelp+™ will be offered to dealers at a very competitive price. 

iHelp Cloud

The iHelp™ Cloud is a web-based account and device management portal for dealers of the iHelp+ 3G. It offers a unique opportunity for dealers to manage their customers like they never have before.  It is designed to be a simple customer and product management tool. By logging in via the web, the dealer can configure, activate, deactivate, and/or reconfigure the unit or its functions at any time. The iHelp™ Cloud has fields for notes and customer data. The dealer provides real-time and historical battery status, signal strength, location information, and events.

The iHelp™ Cloud, used concurrently with the iHelp+ 3G, gives the dealer the opportunity to keep their business functions in-house, thus enabling them to achieve much higher margins.

As healthcare costs increase and the world’s population ages, there is an exploding new market for monitoring a person’s health status more often, whether at home, on the go, or anywhere outside of a hospital or doctor’s office. Recent technology advances in miniature bio-sensing devices, micro-computing technology,and wireless communications, including cellular, Wi-Fi, and Bluetooth will enable us to transform the future of telehealth, personal emergency response (PERS & mPERS) and remote monitoring, with the creation of a convenient-to-use, cost-effective, and proactive personal health management device for this new market. We call it WHAM (wearable health and alarm monitoring). The device will monitor in real and near real-time, and will archive personal safety, health, and environmental conditions.

Medical Alarm Concepts (OTC: MDHI) is on the forefront of WHAM – the wearable bio-sensor solution for health monitoring or simply stated, a more sophisticated medical pendant as the next generation of medical alarm services.

 

MDHI Latest Updates

April 14, 2016 9:00 AM EDT – Medical Alarm Concepts Holding, Inc. Enjoys Outstanding Response From iHelp+ 3G Mobile Medical Alert Introduction at ISC West 2016

Apr 5, 2016 8:30 AM EDT – Medical Alarm Concepts Holding, Inc. Verified for Trading on the OTCQB Venture Market

Mar 31, 2016 9:00 AM EDT – Medical Alarm Concepts Holding, Inc. Presenting New 3G Medical Alert Device at ISC West 

Mar 31, 2016 9:00 AM EDT – Medical Alarm Concepts Holding, Inc. Presenting New 3G Medical Alert Device at ISC West

Mar 24, 2016 8:30 AM EDT – Medical Alarm Concepts Holding, Inc. Showcasing New Product and Dealer Portal at ISC West 2016 

Mar 17, 2016 8:30 AM EDT – Medical Alarm Concepts Holding, Inc. Announces Equity Investment for $1,250,000

Nov 18, 2015 8:30 AM EST – Medical Alarm Concepts Holding, Inc. Expands Its Agreement With The Senior Stream, Inc. 

Oct 28, 2015 1:30 PM EDT – Medical Alarm Concepts Holding, Inc. Announces Agreement With The Senior Stream, Inc.



REPORT OF INDEPENDENT

REGISTERED

PUBLIC

ACCOUNTING FIRM


To the Stockholders and Board of Directors of
Medical Alarm Concepts Holding, Inc.

We have audited the accompanying consolidated balance sheets of Medical Alarm Concepts Holding, Inc. (the “Company”) as of June 30, 2015 and 2014 and the related consolidated statements of operations, stockholders’ deficit, and cash flows for the years then ended. The Company’s management is responsible for these consolidated financial statements. Our responsibility is to express an opinion on these consolidated financial statements based on our audit.
 
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audits of the consolidated financial statements include examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
 
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Medical Alarm Concepts Holding, Inc. as of June 30, 2015 and 2014 and the results of their operations and cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.
 
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As disclosed in Note 3 to the accompanying consolidated financial statements, the Company had working capital deficit of $808,693, a stockholders’ deficit of $808,693, did not generate cash from its operations, and had operating loss for past two years. These circumstances, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Management's plans in regard to these matters are described in Note 3. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Paritz & Company, P.A.
Hackensack, New Jersey,
December 18, 2015

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MDHI News: Medical Alarm Concepts Holding, Inc. Announces FCC Approval for iHelp+ 3G Mobile Medical Alert Device 05/17/2016 08:55:20 AM
MDHI News: Quarterly Report (10-q) 05/16/2016 03:52:17 PM
MDHI News: Current Report Filing (8-k) 05/05/2016 01:05:50 PM
MDHI News: Current Report Filing (8-k) 05/04/2016 05:32:29 PM
MDHI News: Information Statement - All Other (definitive) (def 14c) 04/27/2016 04:19:07 PM
PostSubject
#42159  Sticky Note NEW VIDEO ON THE WEARABLE DEVICE CHECK klippsc 05/22/16 12:35:39 PM
#41866  Sticky Note MDHI is a stock diluting scam. Your Mplmn 03/28/16 06:13:38 AM
#42166   Ihelp +3G...got approved my fcc ... They are widdy 05/24/16 09:27:08 AM
#42165   what contract are you hoping for? uksausage 05/23/16 08:53:15 AM
#42163   This is gonna rocket this week !!! Im widdy 05/22/16 06:58:33 PM
#42162   That young dbag looking guy looks like new widdy 05/22/16 06:47:12 PM
#42161   Shedding the historic failure won't go away with rokkdatstock 05/22/16 05:31:26 PM
#42160   Very interesting! This thing could really make a widdy 05/22/16 02:15:54 PM
#42159   NEW VIDEO ON THE WEARABLE DEVICE CHECK klippsc 05/22/16 12:35:39 PM
#42158   Going to be interesting to see what happens klippsc 05/22/16 12:32:37 PM
#42157   WILL THIS RUN ON THE NAME CHANGE? A klippsc 05/22/16 11:56:40 AM
#42156   MDHI has a clear track record. If you'll rokkdatstock 05/20/16 05:50:04 PM
#42155   Again, another opinion with no factual evidence widdy 05/20/16 04:49:13 PM
#42154   Typical MDHI-1k "buy" to dump 10,000 shares. Noel style rokkdatstock 05/20/16 04:29:40 PM
#42153   Welcome Mod Klipp....I see you're brand new to rokkdatstock 05/20/16 02:41:50 PM
#42152   .16? 800/1 reverse split made MDHI .50 rokkdatstock 05/20/16 02:06:50 PM
#42151   FCC approval is an automatic for most devices. rokkdatstock 05/20/16 02:04:45 PM
#42150   widd I added the fcc announcements as one klippsc 05/20/16 02:03:47 PM
#42149   FCC APPROVAL FOR THE NEW WEARABLE klippsc 05/20/16 02:01:12 PM
#42148   widdy i hope you are right klippsc 05/20/16 01:22:19 PM
#42147   We seem dead in the pool here i klippsc 05/20/16 01:20:53 PM
#42145   And MDHI blank days are not frustrating. rokkdatstock 05/19/16 03:48:22 PM
#42144   Agree-When I say "appears" it's absolutely my opinion. rokkdatstock 05/19/16 03:41:03 PM
#42143   Blank days are frustrating but until you can widdy 05/19/16 03:34:54 PM
#42142   It appears any trades have been from within rokkdatstock 05/19/16 03:12:51 PM
#42141   Can agree with you but seems to be klippsc 05/19/16 11:27:49 AM
#42140   I'm liking the way it's looking !!! widdy 05/17/16 09:21:08 PM
#42139   $MDHI 3 Months Chart $Pistol Pete$ 05/17/16 08:59:27 PM
#42138   Let's wait to see on how the pilot widdy 05/17/16 08:32:01 PM
#42137   Costco was a "partner" with a supposed great rokkdatstock 05/17/16 08:03:15 PM
#42136   Still challenging that 200 SMA....If we get past widdy 05/17/16 07:50:42 PM
#42135   I'm not trying to be a cheerleader or widdy 05/17/16 07:49:18 PM
#42134   they arent period ending but average used for uksausage 05/17/16 09:30:47 AM
#42133   Who put MDHI's financials together? They should Mplmn 05/17/16 09:03:11 AM
#42131   We be testing that 200 day line next widdy 05/13/16 04:10:28 PM
#42129   The common terms applied to MDHI are nonsensical rokkdatstock 05/13/16 03:32:33 PM
#42128   It's called accumulation ... Someone loading up for widdy 05/13/16 03:28:08 PM
#42127   Typical Joseph Noel style day....10k buy...50k sell. rokkdatstock 05/13/16 03:04:33 PM
#42126   Your last paragraph is what I believe...that MDHI rokkdatstock 05/13/16 10:23:48 AM
#42125   MDHI hasn't released any news, financials, updates, or Mplmn 05/13/16 10:01:43 AM
#42124   If they can report on orders that would widdy 05/13/16 05:30:05 AM
#42123   The new "Joe Noel" is about to do rokkdatstock 05/12/16 11:10:36 PM
#42122   Regardless got to admit this is the first klippsc 05/12/16 11:00:53 PM
#42121   I am guessing the news is about orders klippsc 05/12/16 10:57:23 PM
#42120   $MDHI Daily and Weekly Chart For Review $Pistol Pete$ 05/12/16 10:19:41 PM
#42119   Up 40%! It Prob went up bc of widdy 05/12/16 04:25:51 PM
#42118   MDHI has put out "news" for years, all rokkdatstock 05/12/16 01:19:49 PM
#42117   Another excellent post. MDHI has never been rokkdatstock 05/12/16 01:18:37 PM
#42116   Things aren't great ... I guess when news widdy 05/12/16 01:01:39 PM
#42115   I strongly feel news is coming very very widdy 05/12/16 12:59:45 PM
#42114   Lots of strange going on with MDHI right now. Mplmn 05/12/16 12:52:13 PM
#42113   Wasn't speak of anyone vs anyone. rokkdatstock 05/12/16 12:52:04 PM
PostSubject