Thursday, April 17, 2014 7:42:33 PM
MEDICAL ALARM CONCEPTS IS IN FINE SHAPE.
WE WILL ALL SEE THE FINANCIALS VERY SOON. THEY WOULD NOT BE SPENDING MONEY ON THE RESTATEMENTS IF THERE WERE NOT GOING TO FILE FUTURE PERIODS. SEVERAL FILED LAST WEEK.
HERE'S SOME FACTS FOR YOU.
ONLY 5.5 MM SHARES OUTSTANDING. THIS IS A TIGHT FLOAT AND A SMALL NUMBER OF SHARES PROVIDING A VERY LOW MARKET VALUE CONSIDERING ALL OF THESE GOOD THINGS THAT ARE HAPPENING:
The stock split is done. Stock has lost 50% of value since the split yet the company is doing really well.
Management has turns its operation around - read the recent SEC filings and the recent press release. It covers it well.
Management has cleaned the balance sheet. This is a fact. Most debt converted and the credit line GONE. Zero balance.
Management got all warrants and options and most of the long term debt converted.
Management got the product into Costco - 28 reviews with an average of 4.5 stars out of 5. It is right there in the Costco site for all to see. Just Google "costco medipendant" and see for yourself.
Management then got a Chinese company to invest in MDHI
Management has announced MDHI reached operational cash flow. This is another fact. With a recurring rev model it was clear this was going to happen. Customers pay for the service each month. Recurring revs are a great business model.
Management has hired auditors, lawyers and accountants to move toward fully reporting with the SEC. This too is clearly a fact. Pull up the listings to verify.
Signed a couple of deals in Europe for his patented product
CEO got his credit line balance cancelled, which reduced MDHI's debt by over $650K.
Recent WHSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 09:52:36 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 04:04:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:44:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 09:01:11 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 08:02:04 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/20/2023 08:28:54 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:11:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/28/2023 08:10:15 PM
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