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Very Bad Press Release For MEDT
January 09, 2018
MoneyTrac Technology, Inc. Teams Up with High Grade Management Group, Inc. for Sales and Marketing of Apple Vapes
I have no idea what 'High Grade Management Group' is.
But here is the MEDT press release from just a few months ago:
September 13, 2017
Breaking News: Global Payout's Moneytrac Technology Inc. Signs LOI with Renowned Marijuana Technology Company, BlazeNow, Inc.
Something very bad is clearly going on with MEDT.
Only 24 thousand dollars in MEDT trades today.
Yea, 'something's up'!!!
Obviously institutional accumulation because 'CA going legal!!!'
Back teh truck!
Cheapies!
Facepalm...
MEDT is right back to its same tired old .0007 level range it has been for the last three years...
>So CA legalized recreational marijuana
What possible reason would this stock do anything other than sit here in the same range it has been for the three years?
What new information does the market have at the start of January 2018 that it didn't have at the end of December 2017 or when CA legalization was voted upon?
MEDT has nothing more than a dead website and dead mobile app.
MEDT has no revenue or profits.
MEDT has no news that indicates any change to the previous two points.
MEDT has the very same management responsible for its failure over the past three years here in 2018.
It is mind boggling to see how many people honestly thought January 1st, 2018 was going to be some magical date where every cannabis related stock no matter how bad was going to shoot up in price.
Even more bewildering is the inane belief that CA legalization is some sort of pot panacea that so many low information penny stock gamblers want to believe it is.
Just ten minutes of searching for and reading interviews with dispensary owners, growers, and current users would be more than enough to give a clear indication of the massive negative effects legalization is going to have on the CA cannabis market.
MEDT isn't making any sustained move up in price until new and competent management gets brought in with a viable business model. Since there is no responsible board of directors like in a real DOW or NASDAQ level company, that change will almost certainly not happen.
Which means MEDT will limp along bouncing around the 0.0007 range with no one other than low information penny stock gamblers risking 100-1000 dollars buys on random drops in price.
LOL! GOHE Didn't 'Invest' In MediaTechnics
Great DD...
Every junk penny stock has someone throwing essentially pennies at it thinking they are picking a bottom and the dead company is about to explode in price for...'reasons'.
No Indication MediaTechnics Is Still Operational.
No communication from management.
The poor quality Weedmaps clone BlazeNow website is still buggy and hasn't changed in many months. There is clearly no traffic to the site at all.
The equally poor quality mobile app hasn't had a single new review in many months indicating that it is close to zero downloads over that time.
There is no concrete evidence MediaTechnics is still a functioning company.
It is hilarious to see people thinking every junk/dead cannabis penny stock is going to magically get some sort of huge price pop because of California - information that the market has had for a long, long time to be reflected in the valuations and share prices.
$2000 Buy Today - Turnaround Time???, LOL
Yes, some institutional investor just picked the bottom and grabbed 2000 dollars of this secret gem of a stock.
Dead product.
No revenue or profits.
Management appears to be brain dead.
Back up the truck!
Adding...
MEDT$$$$$$$
Cheapies!!!
LOL
MEDT Appears To Be Dead
Social media has gone silent for a month.
The poor quality Weedmaps app hasn't had anyone new review it for a long time indicating no one is downloading it.
The website hasn't changed for months and clearly has no one leaving reviews.
And nothing about the CBD efforts claimed to be being worked on since last year.
No grand conspiracy by mystery figures behind the scenes like some nuts are claiming. Just another penny stock company with a failed business plan, failed execution, and incompetent management.
Something Very Wrong With Filing Numbers - Fraud?
This is the first time I've looked at the MEDT filings.
The reported expense numbers are absurdly high. It looks like MEDT management is either blowing huge amounts of cash for nothing or there is some sort of fraudulent expense reporting going on. Something is very wrong with these numbers. Either fraud or absurd levels of incompetence going on with MEDT management.
MEDT management has someone putting out a link or two to some generic cannabis story a few times a week to their 3000 or so follower Twitter account. And they put out that terrible BlazeNow promo video that appears to have been pulled that is still linked to here.
Unless there is something I am missing, MEDT management is close to not having a marketing plan at all. You could pay some high school kid pocket change to post a few cannabis news links to a Twitter account each week.
The Weedmaps clone BlazeNow website and app are dead. Poor quality that is clear no one is using. The BlazeNow app shows that there are only 28 reviews for it indicating the number of downloads must be abysmal.
With the huge amounts of investment money being thrown at cannabis startups it is absolutely clear why investors don't want anything to do with MEDT.
Dead Company Due To Failed Management
Nothing to talk about.
* Incompetent MEDT management
* Failed Weedmaps clone that no one uses
* All other sources of revenue claimed to be part of MEDT are clearly bogus
* Some vague claims about entering the CBD market for the past year or two. Nothing to show for the PR claims.
Not a single bit of concrete evidence beyond the press releases themselves that MEDT is still alive.
The only thing interesting about this dead company is the wild and nutty claims about 'secret masterminds' behind the scenes make a few thousand dollars here and there thanks to a couple press releases over the past year.
There is a huge amount of money being thrown at cannabis companies - even startups with no viable short to mid term business models. The guys running MEDT have to be laughably incompetent to not be able to secure even a tiny bit of the hundreds of millions of dollars being thrown at cannabis companies right now.
This company is either going to die or a competent CEO is brought in to replace the screwup currently running MEDT. I don't see how that is possible with MEDT, though. If MEDT was a real stock with institutional shareholders the current management would have been dumped long ago.
LOL $Pistol Pete$'s DD!
You just posted a computer generated article!
Back up the truck boys!
MEDT is about to fly.
No profits.
No revenue.
A dead product.
Incompetent management.
No viable business plan.
'adding'!!!
LOL
News - Absolutely Clueless MEDT Management
'the BlazeNow brand" ???
MEDT's BlazeNow 'brand' is nothing more than:
* A dead Weedmaps clone website
* A dead Weedmaps clone mobile app
There are countless other higher quality Weedmaps clones out there that no one uses.
There is a Twitter account that looks like they have someone dumping a few generic Cannabis stories out everyday. Only about three thousand followers. The number of followers has been flat for the entire 2017 indicating that they are paid for and not organic.
There was that terrible promo video linked here that they now have pulled that no one watched.
MEDT management is like watching someone standing right next to a barn shooting at it with a shotgun and missing every time.
This is the problem with penny stocks, yes you might get lucky like buying a lottery ticket but for 99.9 percent of penny stock companies like MEDT you have incompetent management and failed business plans without a corrective factor.
If MEDT were a real public company, its management would have been terminated long ago and competent people brought in.
Still Trying To Figure Out The 'Scam'
There was a new CEO three or four years ago. Has been a complete failure. Despite the incompetence, he isn't pumping the stock constantly.
The couple of press releases over the past year have been complete jokes that no one would ever describe as being part of some insider selling scam. A reminder that they are still working on their poor quality Weedmaps clone and that they are agreeing to talk to some other small payment company.
No one cared about these press releases. No one covered them in the press.
A penny stock scam would have a CEO hyping the stock non-stop, putting out press releases with wild claims implying huge future revenue and profits, a recognizable pattern of insider selling of large similar sized blocks every day to try to minimize crashing the price.
There are other penny stock marijuana pump and dump scams going on right now where it is blatantly obvious. MEDT is clearly not one of them. Or at the worst MEDT management and these mysterious behind the scenes figures Chrissy and Ricky just aren't very good penny stock scammers.
There is nothing to see here with MEDT:
* Obviously incompetent management who haven't been able to execute over the past few years despite cannabis being one of the hottest growth areas with investors throwing huge amounts of investment cash at companies.
* A failed attempt at a poor quality Weedmaps clone
* No other sources of revenue
MEDT is just another failed penny stock that is limping along with no revenue and profits, no hope for revenue and profits, and no idea what they are doing.
No Secret MEDT Players, Just Pure Incompetence
Ignoring the rambling fantasies about secret behind the scenes players pumping and dumping MEDT shares. No one is getting rich off the volume and movement of MEDT over the past few years.
* MEDT has nothing to show for the past few years since the latest incompetent CEO took over.
* There obviously isn't any money being raised through convertible debt holders - a poor quality Weedmaps clone and some poor quality promo video that appears to have been pulled is all MEDT management has to show they are actually still in business.
* If any significant money was being raised by MEDT management they would be pumping out press releases detailing it.
* MEDT has no revenue and profits.
* MEDT has no products or concrete signs they will have products in the near or long term that generate any significant revenue and profits
There is nothing to see here and no great mystery that needs to be explained by mysterious shadowy figures by posters with 'secret information'.
MEDT isn't going to go anywhere until new competent management is brought in or the company shuts down. Until one of those two things happen its 0.0007.
Back To Reality. MEDT Is Dead.
Ignoring the nutty conspiracy talk about mysterious behind the scenes players called 'Rick' and 'Chris'....
One has to wonder why anyone would think this stock 'is about to move up'.
* Everything listed on the MEDT Investors Hub page about this company is dead information or just a plain lie - consulting, grow lights, packaging, pesticide and chemical research. Not a single one of these claimed items has any reality or has MEDT management made any mention of them for years
* The one product that actually exists, the BlazeNow weedmaps clone, is dead. Anyone can see for themselves no one uses the website or mobile app. The latest mobile app version had only seven reviews last I checked. Both the mobile app and website are poorly made and don't work very well.
* There has been some vague claims about CBDs. It has been a year and there is zero evidence anything is real. No pictures of company sites. No quotes from the key people involved. Nothing.
That's it. MEDT is clearly a company run by people who have no idea what they are doing.
And finally, the silly 'letter of intent' news. That might be mildly interesting if it was actually two revenue generating companies with viable business plans.
MEDT is a dead company with a single failed product. In other words they have nothing of value to add to any partnership. And they don't even have a partnership. Just some worthless document saying they are talking with some other company. Nothing.
No profits.
No revenue.
No concrete plans to generate revenue.
No management changes.
Zero interest from anyone other than the usual small time buyers who are foolish enough to try for a random +20 percent pop. This stock could easily collapse. There is no value to support any price above zero.
Rick and Chris scam - who?
help me you keep posting like people know who you are talking about.
Rick who?
Chris who?
Who are these people? I have looked through your post history and it appears there are other people involved and other pink sheet companies this group is involved in.
I see you post in:
ICBU
EXMT
Are these people who run this so called scam involved with those companies too? Are there other companies?
You keep bragging about how you are the only one right but you do nothing but post random bits of unverifiable information.
Make a single post with a complete list of the full names of the people involved in this so called scam and the other companies they are involved in so people know what exactly you are claiming.
If you are unable or unwilling to do so, then give you constant claims of scams a rest. No one cares about some guy ranting about a couple of guys called Rick and Chris.
Failed Product, No Revenue, Incompetent MEDT Management
This company is in a death spiral.
help me More Details On This Scam Please
These boyz lurking?
atty Haseltine?
SEC is watching closely?
I've read through some of you other posts and I believe I understand why you are calling this company a scam:
> There is a group of people behind the scenes - Haseltine?, Al Rosenthal, Rick?, others?
> These individuals are secretly behind the scenes of MEDT, ICBU, other companies?
> They massive dilute the share structure over time
> They pay themselves by putting out pump press releases and dump their shares each time to bag holders who buy into the phony hype.
> The SEC knows about these people?
I've never heard of these people. I've only seen what a complete farce is MEDT's incompetent management and what garbage their only product BlazeNow is.
Please give us more detail.
Dead Company With Incompetent Management
MEDT has one and only one product, a dead website and mobile app.
Even that laughably amateurish BlazeNow Cannabis Cup 2017 video they put out has been pulled by them.
If the best some failed penny stock company like MEDT can come up with for a press release is signing a letter of intent, you know they have absolutely nothing of value being worked on.
20 Thousand Dollars Volume Right Back To 0.0007
That's all it took to send this dead stock right back to the same old 0.0007 level.
BlazeNow Is Nothing More Than A Weedmaps Ripoff
And a very poor quality ripoff.
No one uses it.
No one cares about it.
Anyone can visit the blazenow site and download the apps and see with their own eyes. Both are junk.
There are countless of other Weedmaps clones out there that are higher quality and no one is under the delusion that they are going to be worth anything.
There is no 'BlazeNow' brand to grow. It's nothing more than a dead website and app name.
There is hundreds of millions of dollars of money being thrown at the cannabis companies.
MEDT management managed to generate about 2500 dollars in activity in their dead company today with this joke of a press release.
Latest News Has To Be A Joke
MEDT's management actually put out a press release that they are doing nothing more than talking with some tiny data tracking company for their dead BlazeNow app and website.
No one wants or cares about the BlazeNow web and app.
The poorly made BlazeNow website clearly has no traffic with almost every site having no reviews.
The buggy BlazeNow iOS app has only SEVEN reviews for the latest version.
So MEDT's management's most important news that they thought would be worth a press release is they will be at some point months or years away be tracking the non-existent users on their dead website and dead app.
This company and its management is a joke.
15 Dollar Vote Of Confidence In MEDT!
20,000(15 dollars worth) cheapies snapped up!
Back up the truck!
Adding!
MEDT$$$$$$
Not a scam, just pure incompetence
The share structure hasn't changed. There has just been a single press release since last year that was nothing of consequence.
MEDT's problem is pure incompetence. Nothing more. Investors are throwing money at cannabis companies while MEDT management continues to flounder due to their inability to execute.
Perhaps if some competent management is brought in the company can turn things around but until that happens this stock will continue to limp along in the 0.0007 range until whatever funds are left run out.
Incompetent Management Not Share Structure The Problem
The only thing this company's management has to show for the past few years is a poor quality Weedmaps website and mobile app clone.
And some vague talk of entering the CBD market they have nothing to show for the past year since they first put out a press release.
There is no indication that MEDT's current management has the competence to generate any sort of significant revenue, let alone profits.
If the CBD stuff they claim to be working on was real there would be constant press release updates, interviews with the execs involved from the participating companies, photos of company sites being built or leased, etc.
This is a dead company with the current management. Anyone thinking a company with no revenue and nothing but a dead website and mobile app is going to explode in price is delusional.
MEDT Death Spasms
Welcome to the wonderful world of Pink Sheet stocks - zero accountability for management and suckers buying into failed business models with no revenue or profits with nothing more than a press release or two each year.
MEDT Extensive Portfolio - Completely Dead
BlazeNow - website and app dead
Custom Spectrum LED Grow Lights - nothing
Customized Vaporizer Pens and Accessories - nothing
Industry Consulting - nothing
Product Packaging and Private Label Design - nothing
Pesticide and Chemical Research for Growing Cannabis - nothing
Data Mining - nothing
And some vague BS about CBDs that is nothing but press release BS.
Everything MEDT management claims this company does is dead or a lie.
Dead Company. Complete MEDT Management Failure To Execute
Right back down to 0.0007.
A completely dead website/app no one wants and some vague talk about CBDs. Yawn.
With so much excitement and money being thrown at the cannabis market MEDT management continues be complete failures.
MEDT Right Back To 0.0007...
You really have to wonder how anyone could think this junk company is just about to explode in price?
A dead and poorly implemented Weedmaps clone and some vague plans about CBD that hasn't gone anywhere for the past year since it was first announced.
MEDT management is a complete failure.
Lower Volume Spike In 2016 But Higher Price
Back in late 2016 when there was the last significant MEDT news the price spiked up to 0.0017 on lower volume than this week's. And then plummeted right down to the 0.0007 to 0.001 range it has been for all of 2017.
There has been high volume this week but the price is only 0.001.
Should surprise no one since the latest press release contained nothing but the same info from late 2016:
> MEDT management is still wasting time on the dead BlazeNow product
> The CBD stuff that no one cared about back in 2016
Complete incompetence by the MEDT management.
Say hello to MEDT's old friend, the 0.0007s.
MEDT Management Pump Of Old News Does Nothing
> The CBD news is from late 2016 when the share price was around 0.001
> The BlazeNow app and website are dead and complete junk that no one uses
> No one cares about MEDT reporting with their main product being a failure with no revenue
No one cared about the CDB news back in 2016. No surprise no one cares about it now.
MEDT management is still wasting time on the dead BlazeNow product instead of dumping it and moving on. Anyone can check the www.blazenow.com website and see what junk it is. Nothing but a limited set of the same stuff that is on www.weedmaps.com and countless other similar sites. And the same goes for the poor quality mobile apps. Almost no downloads.
Heading right back to 0.007 now that the news pump is done.
MEDT Same Price As It Was Three Years Ago
A complete failure by the management.
BlazeNow is dead.
No profits.
No revenue.
No news.
No communication from management.
No explanation from management as to why they have failed to execute.
Nothing more than a dead pink sheet turd with suckers selling their shares to bigger suckers.
MEDT's BlazeNow Looks Like It Is Completely Dead.
> The BlazeNow website is buggy and poorly designed. Hasn't changed for months.
> There appears to be almost no one using the site.
> The BlazeNow app download numbers are abysmal.
> The is some junk social media posting that no one comments on or reshares
> And there was that awful video BlazeNow made a few months ago that no one watched or shared.
> Haven't heard anything for a very long time from management.
> What's your take on the recent activity? Are we expecting Financial filings anytime soon?
I don't know. I just saw the jump in price and took a look at where the company is at with its product. +40 percent is nice but this stock has been bouncing + or - 20 percent quite often for the past six months.
The volume today only is about 35k in actual value so certainly not any type of institutional interest in MEDT. Will have to see if the price drops back down to the 0.007 range where it as been for most of 2017 or if the volume buying continues.
Maybe MEDT is working on a new business model but right now management has been an absolute failure in executing.
MEDT's BlazeNow Looks Like It Is Completely Dead.
> The BlazeNow website is buggy and poorly designed. Hasn't changed for months.
> There appears to be almost no one using the site.
> The BlazeNow app download numbers are abysmal.
> The is some junk social media posting that no one comments on or reshares
> And there was that awful video BlazeNow made a few months ago that no one watched or shared.
> Haven't heard anything for a very long time from management.