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Universal Media Group Inc. (UMGP)

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Last Post: 4/20/2017 8:43:59 AM - Followers: 26 - Board type: Free - Posts Today: 0

MedicalCV, Inc. offers healthcare technology for cardiac tissue ablation procedures in open-heart surgery. Its ATRILAZE system is indicated for delivery of laser light to soft tissue, including cardiac tissue during surgical procedures. Indications include the incision, excision, dissection, vaporization, ablation, or coagulation of soft tissues. The company, formerly CV Dynamics, Inc., was founded in 1971 and is based in Inver Grove Heights, Minnesota.

Share Structure
Shares Outstanding: 9.84M
Float: 5.49M
% Held by Insiders4: 39.55%
% Held by Institutions4: 7.30%


Holder Shares
MILLER PAUL K 1,467,580
HAUSER PETER L 4,251,757

Shares % Out Value*
POTOMAC CAPITAL MANAGEMENT, INC. 892,857 9.08 $3,616,070


Press Release Source: MedicalCV, Inc.

MedicalCV, Inc. Receives Three Additional Notices of Allowance on Patent Applications for Laser-Based Surgical Ablation Technology Platform
Tuesday May 22, 8:00 am ET

MINNEAPOLIS--(BUSINESS WIRE)--MedicalCV, Inc. (OTCBB:MCVI - News),, announced that the United States Patent and Trademark Office ("USPTO") has issued three additional Notices of Allowance to MedicalCV on patent applications pertaining to various aspects of MedicalCV's proprietary laser-based surgical ablation technology. MedicalCV currently markets both the ATRILAZE(TM) and SOLAR(TM) Surgical Ablation Systems.

"These recent notices represent important additions to our strong patent portfolio of laser-based surgical ablation systems," said Adam L. Berman, MedicalCV's Vice President of Research and Development. "Moving forward, we will continue to focus on applying novel, flexible, fiber-optic technologies to medicine."

"These Notices of Allowance not only serve as an additional validation source for our technology but further demonstrate our commitment to protecting our intellectual property as well," said Marc P. Flores, President and CEO of MedicalCV. "As we go to market, we are confident that these Notices of Allowance place the company in a position of strength as we continue to build shareholder value."

Both the SOLAR(TM) and ATRILAZE(TM) Surgical Ablation Systems were developed from MedicalCV's laser-based technology with the intent to provide surgeons a versatile ablation platform for the creation of lesions in soft and cardiac tissue. The SOLAR(TM) System recently received 510(K) Clearance from the FDA for soft tissue ablation and the ATRILAZE(TM) System has obtained 3 separate 510(K) Clearances for ablation or coagulation of soft tissue, including cardiac tissue. However, the treatment indication for cardiac arrhythmias is specifically excluded for both systems at this time. To date, the company's surgical ablation systems have been used in numerous institutions around the country including Baylor University Medical Center, Northwestern University Medical Center, University of Michigan Medical Center, Baptist Medical Center in San Antonio, Texas, Scottsdale Healthcare - Osborn in Arizona, Banner Good Samaritan Medical Center in Phoenix, and Banner Baywood Heart Hospital in Mesa, Arizona.

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#1254   they haven't released any info for a long joe a 04/20/17 08:43:58 AM
#1253   any idea when they will start making some rlc999 04/20/17 03:10:28 AM
#1252   lets hope it's a sign of things to come joe a 01/03/17 08:17:47 AM
#1251   I don't know, but I approve ralphy1 01/02/17 07:49:01 PM
#1250   anyone know of a reason for the recent activity joe a 12/30/16 11:51:26 AM
#1249   are they still in business joe a 08/11/16 02:43:56 PM
#1248   Wish our boys there at dalt would show BowDoga 04/22/16 05:57:34 PM
#1247   boring!!!!!!! joe a 04/06/16 08:55:32 AM
#1246   I was told they decided to not proceed tedpeele 03/01/16 01:01:50 PM
#1245   There's a whole lot I don't know man, BowDoga 01/29/16 02:44:19 PM
#1244   I am new here. I don't have tedpeele 01/29/16 01:44:35 PM
#1243   There's a couple things that need to happen BowDoga 01/29/16 01:29:50 PM
#1242   Or they reverse the shares back BowDoga 01/29/16 01:29:04 PM
#1241   As soon as oculus starts I would guess BowDoga 01/29/16 01:27:34 PM
#1240   When is this going to start trading? tedpeele 01/29/16 12:59:29 PM
#1239   EDIT: nevermind - I got the right page now. tedpeele 01/14/16 01:30:58 PM
#1238   Likely I meant BowDoga 01/14/16 01:23:28 PM
#1237   Go on fb , more lickly to get BowDoga 01/14/16 01:21:58 PM
#1236   wish they would release their share info. tedpeele 01/14/16 01:20:38 PM
#1235   Exactly, they moved to a bigger facility in BowDoga 01/14/16 01:15:42 PM
#1234   I feel a lot more positive now than joe a 01/09/16 09:22:43 AM
#1233   Dalton Industries Inc., DALT, changed to Universal Media Renee 01/08/16 04:04:27 PM
#1232   Did you get the paper that was mailed steel8000 01/08/16 12:51:26 PM
#1231   Thanks, I saw that but it is tedpeele 01/08/16 10:15:27 AM
#1230   Im ready for this to hit, and it will BowDoga 01/08/16 10:12:32 AM
#1229   Dalton Industries Inc. Developing Oculus Rift Virtual Reality BowDoga 01/08/16 10:11:56 AM
#1228   They are changing the name to universal media steel8000 01/07/16 10:51:42 AM
#1227   What's going on with DALT? $10m market tedpeele 01/07/16 10:35:59 AM
#1226   Oculus gets released to public use in games, BowDoga 12/11/15 10:30:19 AM
#1225   Oculus gets released to public use in games, BowDoga 12/11/15 10:27:48 AM
#1224   What's happening in a few months that'll hopeforthebestman 12/10/15 09:53:37 AM
#1223   I hope you all got your big boy BowDoga 12/09/15 02:06:34 PM
#1222   What will the new shares be priced at?????? steel8000 11/28/15 01:24:07 PM
#1221   What is the new symbol steel8000 11/28/15 01:23:16 PM
#1220   When will name change take place steel8000 11/27/15 07:04:21 AM
#1219   (This is something else I received) Sorry to be BowDoga 11/26/15 07:39:55 PM
#1218   (Today I received this from a newsletter, ) BowDoga 11/25/15 02:10:05 PM
#1217   my feeling is that their intention to reincorporate joe a 11/24/15 04:23:10 PM
#1216   Yea, a shareholder meeting, they are wanting to BowDoga 11/24/15 01:01:47 PM
#1215   This is going to sky rocket if DALT Josh8158 11/22/15 06:21:33 PM
#1214   Did anyone get the dalton mailing they joe a 11/22/15 08:18:18 AM
#1213   What a $hit hole,talking about sucking every dime BowDoga 10/12/15 12:36:27 PM
#1212   with the price this low it might be joe a 09/26/15 02:40:50 PM
#1211   The first quarter of next year I mean BowDoga 09/26/15 01:39:23 PM
#1210   With shares this low, when they start banking BowDoga 09/26/15 01:38:22 PM
#1209   does anybody have a clue whats happening joe a 09/25/15 01:18:53 PM
#1208   Never mind, screen err BowDoga 09/18/15 01:59:25 PM
#1207   Atlease its moving somewhere, BowDoga 09/18/15 01:57:30 PM
#1206   No problem . MADDSTACKER 09/09/15 01:21:01 PM
#1205   thanks for the info I didnt know that joe a 09/09/15 01:20:38 PM