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MDTL SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-68726.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2013/34-68726-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-68727.pdf
Starting to look like a shell play
what do u know about this stock
what was a bottom
what is going on why is at going down
it was 2 years ago when i was in.
Is MDTL a real company with any chance of revenue? I can not find anything about the shell that still exists.
Look like it hit 4¢ just like I said it would back in Nov.
We should be able to move to 0.09 given more volume
I'm outtas here gl to anybody left.
The share price is not the only thing that seems to be down..
So is the website.... www.medistechnologies.com
This thing slowly working it's way to .00's maybe.
I bet things would have been a lot different with Medis if we had a real Hurricane Season this year...
This would likely be a hot product to stockpile in the emergency closet.
Get out the Blow dryers... Looks like more selling... Bummer :(
Agreed, will be here until the sellers dry up
Yep, pretty low here.
This has got to be close to bottom.
I wish this company would get on with bigger projects then just the retail stuff.
MDTL 8-k:
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Effective as of October 19, 2009, Medis Technologies Ltd. (“Medis”) assumed approximately $4,417,908 of outstanding trade debt (the “Claims”) of its wholly owned subsidiary, More Energy Ltd. (“More”). The debt was initially incurred by More in the ordinary course of its business and subsequently acquired by American Capital Management, LLC (the “Claim Holder”). On or around October 20, 2009, the Claim Holder sued Medis in Los Angeles Superior Court for repayment of the Claims.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements. Investors are cautioned that forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those contemplated in the forward-looking statements. Such risks include, but are not limited to, the risks and uncertainties outlined in Medis’s documents filed with the SEC. All forward-looking statements and other information in this Current Report on Form 8-K are based upon information available as of the date of this Report. Such information may change or become invalid after the date of this Current Report, and, by making these forward-looking statements, Medis undertakes no obligation to update these statements after the date of this Current Report, except as required by law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
Medis Technologies Ltd.
Date: October 23, 2009 By: /s/ Steven N.
Crea
Steven N. Crea
Chief Financial Officer
MDTL 8-k:
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Effective as of October 19, 2009, Medis Technologies Ltd. (“Medis”) assumed approximately $4,417,908 of outstanding trade debt (the “Claims”) of its wholly owned subsidiary, More Energy Ltd. (“More”). The debt was initially incurred by More in the ordinary course of its business and subsequently acquired by American Capital Management, LLC (the “Claim Holder”). On or around October 20, 2009, the Claim Holder sued Medis in Los Angeles Superior Court for repayment of the Claims.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements. Investors are cautioned that forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those contemplated in the forward-looking statements. Such risks include, but are not limited to, the risks and uncertainties outlined in Medis’s documents filed with the SEC. All forward-looking statements and other information in this Current Report on Form 8-K are based upon information available as of the date of this Report. Such information may change or become invalid after the date of this Current Report, and, by making these forward-looking statements, Medis undertakes no obligation to update these statements after the date of this Current Report, except as required by law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
Medis Technologies Ltd.
Date: October 23, 2009 By: /s/ Steven N.
Crea
Steven N. Crea
Chief Financial Officer
T-Mobile now aboard the MEDIS GREEN TEAM!
MDTL PR OUT
T-Mobile Will Offer Medis 24/7 Xtreme(TM) Fuel Cell Portable Power Solution
Last update: 10/21/2009 9:21:00 AM
-'Mobilize with T-Mobile for a Greener Planet'
NEW YORK, Oct 21, 2009 /PRNewswire-FirstCall via COMTEX/ -- Medis Technologies Ltd. (Pink Sheets: MDTL) announced that its 24/7 Xtreme Portable Power Solution will be offered by T-Mobile on its new microsite at . The site is a pure-green site where a visitor can learn about green initiatives, or buy a T-Mobile product or accessory. You can even have a tree planted to help slow down climate change. In addition, the product can also be found in the accessories section of the main T-Mobile website at .
Medis CEO Jose Mejia commented, "This T-Mobile site is the most appropriate place yet for Xtreme -- because the products are pure green, probably the greenest energy source on Planet Earth. The Xtreme Portable Power Solution is essential when you need to charge your phone and are away from a traditional electric outlet -- it is great for the airport when there are no outlets available, or when working outdoors, or hiking, camping, boating, biking -- the possibilities are endless."
Mejia continued, "The best part is that our electricity is generated without emitting elements harmful to the environment, such as carbon or carbon dioxide, and without any heavy metals. There are no emissions and no measurable heat generated. Fresh green electricity can be made available when and where you need it - under any climatic conditions. We are very pleased to have been chosen for T-Mobile's green site."
The Xtreme Portable Power Solution contains the world's first personal fuel cell power system that delivers mobile phone power when a user needs it most. Based on the Medis Direct Liquid Fuel Cell Technology, Xtreme delivers instant emergency power to portable devices without batteries or pre-charging. Xtreme can power a mobile phone, or a MP3 player for many days when grid power is not available, and when batteries have given up or faded out.
Xtreme products are easily recyclable, contain no toxic or hazardous substances, and are allowed onboard airplanes by the TSA. They comply with the Department of Homeland Security's "Resolve to be Ready 2009" campaign.
For more information about Medis Technologies and its fuel-cell-powered products, please visit .
About Medis Technologies Ltd.
Medis Technologies Ltd. (Pink Sheets: MDTL) (), headquartered in New York, is the first company in the world to market a personal and portable liquid fuel cell capable of providing electrical power to the mobile electronics marketplace. The Medis fuel cell features a patented, proprietary fuel formulation that utilizes borohydride to generate electricity upon activation; it is safe, clean, silent, and recyclable. First generation products include the Medis 24-7 Power Pack; 24-7 Xtreme Portable Power Solution; and the Medis Fuel Cell Power Emergency Kit.
Up .08 today SWEET!
Medis Fuel Cell Products Now Available In Fry's Electronics Stores
PR Newswire (Wed 8:30am)
http://finance.yahoo.com/news/Medis-Fuel-Cell-Products-Now-prnews-4203512601.html?x=0&.v=1
Real nice news today!
Board unusually quiet for such good news !!! Stock is up 20%+
Medis Fuel Cell Products Now Available In Fry's Electronics Stores
2009-09-23 05:30 PT - News Release
NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Medis Technologies Ltd. , a developer of fuel cells for the consumer, military and industrial markets, announced today that its consumer products are now available at Fry's Electronics stores. This marks Medis' first distribution agreement with an on-site retailer. Fry's Electronics is a leading big-box retailer of computers, consumer electronics, and appliances with some 35 stores in about 10 states, notably California and Texas.
Medis' consumer line includes The 24/7 Xtreme Portable Fuel Cell Charger and a product designed for emergency situations, the Xtreme Fuel Cell Emergency Kit, along with replacement fuel cells. The 24/7 Xtreme is the world's first personal, portable, fuel cell power system designed for smart phones and most common handheld electronics. A simple squeeze and shake delivers 20 watt-hours of power, ideal for business travel and "off-the-power-grid" applications such as in-field use, camping, and emergency situations. The Xtreme has near universal compatibility with the included multiple connectors to recharge or power your portable devices using the included standard USB, Mini USB, Micro USB, Palm Treo, and Nokia tips.
The Company's proprietary technology uses electrochemical energy - no greenhouse gases, no carbon footprint from the chemistry at all (although the container is plastic), and entirely recyclable. Unlike batteries, it does not self-discharge prior to activation, so it does not "die on the shelf."
Jose Mejia, Medis Chairman and CEO said, "We are very pleased to announce our first on-site retail distribution deal to complement our presence with several prominent online retailers. Fry's Electronics stores provide high-tech customers a one-stop shopping solution for all their electronic needs, and we believe that they will respond positively to our unique green charging and emergency power solutions."
For more information about Medis Technologies and the company's variety of fuel cell powered products, please visit www.medistechnologies.com.
Between Military applications and Emergency usage in home (aka. Hurricanes) I see quite a market for this kind of fuel cell.
Fine day. My guess, we washed out the day traders. The shorts may have contributed to Tuesday's run. I bet there are still shorts, I believe we get numbers on them soon.
The list of institutional holders cemented my relationship with Medis.
I bought on the premis of a backpack power source for the military. This costco is a bonus.
If I do not post alot it is because I am invested, and I work alot.
Nice day here!
haha.....we knew she's bounce back.
Not sure your optimism is that well founded. Barely hanging onto a 1 cent increase is hardly a sign of being "charged".
Strike that, it just went to .27. Guess it lost its charge.
MDTL showing a positive charge today.....
Going to a bigger board is the only thing that will move the price higher, and it should move it quite effectively. When do we think that they will get relisted to OTC bb's?
Sorry, my mistake.. need coffee...
They were previously on Nasdaq. They are fully reporting and shoudl be eligible for OTC
MDTL just started trading on the pinks... They were previously on the OTC:BB..
Should be a better day, anyone know timeframe to get listed on OTC as opposed to being a pinkie?
Tomorrow should be a better day..
I was in LA most of the day, but added more on a limit order .28. I guess we need to hear sales numbers from Costco.
Maybe in a few years this could be a thirty dollar stock again, That or zero, lol.
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Hurricane season is approaching
Hurricane Emergency Kit
COMPANY'S WEBSITE:
http://www.medistechnologies.com/
This board is for fundamental and technical discussion about Medis Technologies Ltd.
NASDAQ.PK: MDTL
Medis Technologies Ltd. (MTL) is a holding company, which through its wholly owned subsidiaries, Medis El Ltd., More Energy Ltd. and Cell Kinetics Ltd., designs, develops and markets liquid fuel cell products principally for the mobile handset and portable consumer electronics markets. The Company's 24/7 Power Pack is a small disposable power source capable of providing direct power or multiple recharges to many portable electronic devices, such as mobile handsets, smart phones, Moving Picture Experts Group Layer-3 audio (MP3) players, gaming and other handheld electronic devices. During the year ended December 31, 2006, MTL produced over 7,000 24/7 Power Packs for testing, marketing and promotional purposes, of which it distributed in excess of 1,000 to personnel of mobile network operators, original equipment manufacturers (OEMs), software providers, retail customers, advertising executives, content providers and others worldwide.
Corporate Contacts
Medis Technologies Ltd.
805 Third Avenue, 15th Floor
New York, NY 10022
Ph 212-935-8484
Fx 212-935-9216
More Energy LTD
2 Yodafat Street, P.O. BOX 1112
Global Park
LOD 71291, Israel
TEL 972-8-918-8600
FAX 972-8-920-0024
Medis LTD
2 Yodafat Street, P.O. BOX 1112
Global Park
LOD 71291, Israel
TEL 972-8-918-8600
FAX 972-8-920-0024
Investor Relations Contact
Medis Technologies
Omer Masud
Sr. VP - IR/PR and Strategy
805 Third Avenue, 15th Floor
New York, NY 10022
Ph 212-935-8484
Fx 212-935-9216
Omerm@medistechnologies.com
medistechnologies@broadviewnet.net
COMPANY'S WEBSITE:
http://www.medistechnologies.com/
Officers:
CTO, New Energies; General Manager, More Energy Ltd.: Gennadi Finkelshtain
SVP Sales and Market Development: Frank Romero
Chairman, President, and CEO: Jose A. Mejia
CFO: Steve Crea
State Of Incorporation --- DE
sos-res.state.de.us/tin/GINameSearch.jsp
American Stock Transfer & Trust Company
59 Maiden Lane
New York, NY 10038
Tel (800) 937-5449
Tel (718) 921-8124
RECENT MEDIA COVERAGE:
CNN MONEY
www.youtube.com/watch?v=S0M71rtAKE4
HOME SHOPPING NETWORK LINK:
www.hsn.com/cnt/search/searchresults/default.aspx
WALL STREET REPORTER INTERVIEW WITH CEO:
www.wallstreetreporter.com/index.php/2009/05/medis-technologies-nasdaq-mdtl-ceo-interview/
BUSINESS WEEK TV VIDEO:
media.medistechnologies.com/Portals/MedisTech/Datafiles/Media/Medis_mediclip.html
CNBC TV VIDEO:
www.cnbc.com/id/15840232
CNET VIDEO:
cnettv.cnet.com/medis-24-7-fuel-cell-power-pack/9742-1_53-50004165.html
E! NEWS TV VIDEO:
media.medistechnologies.com/Portals/MedisTech/Datafiles/Media/Medis_Enews.html
RECENT FILINGS:
8-K | Documents | Current report, item 2.03 Acc-no: 0001072613-09-001412 (34 Act) Size: 30 KB | 2009-10-23 | 000-30391 091135089 |
8-K | Documents | Current report, items 1.01, 3.02, and 9.01 Acc-no: 0001072613-09-001400 (34 Act) Size: 50 KB | 2009-10-14 | 000-30391 091119672 |
SC 13G/A | Documents | [Amend]Statement of acquisition of beneficial ownership by individuals Acc-no: 0001140361-09-023029 (34 Act) Size: 23 KB | 2009-10-09 | 005-62051 091114883 |
8-K | Documents | Current report, items 1.01, 2.03, 3.02, and 9.01 Acc-no: 0001072613-09-001348 (34 Act) Size: 2 MB | 2009-09-21 | 000-30391 091079504 |
8-K | Documents | Current report, items 8.01 and 9.01 Acc-no: 0001072613-09-001342 (34 Act) Size: 78 KB | 2009-09-17 | 000-30391 091075110 |
SC 13D/A | Documents | [Amend]General statement of acquisition of beneficial ownership Acc-no: 0001086477-09-000007 (34 Act) Size: 101 KB | 2009-09-11 | 005-62051 091064657 |
8-K | Documents | Current report, items 1.01 and 3.02 Acc-no: 0001072613-09-001307 (34 Act) Size: 30 KB | 2009-09-08 | 000-30391 091058834 |
WHERE TO BUY:
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T-Mobile.com | |||
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ALSO FOUND AT:
Fry's Electronics stores <<< NEWEST ADDITION:
Wed, Sep 23, 2009 | |
• | Medis Fuel Cell Products Now Available In Fry's Electronics Stores PR Newswire (Wed 8:30am) |
COSTCO:
NEW ADDITION
http://www.costco.com/Browse/Product.aspx?Prodid=11491497&search=fuel%20cell&Mo=2&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=fuel%20cell&Ntt=fuel%20cell&No=2&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
HOME SHOPPING NETWORK LINK:
www.hsn.com/cnt/search/searchresults/default.aspx
Yugster.com Will Feature Medis Fuel Cell Power Emergency Kit <<<<<<<*Sale over, soldout
06/23/2009 5:01PM - PR Newswire
Resource: https://www.trucklocator.co.uk/hub/truck-fuel-efficiency-guide/
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