Monday, March 28, 2016 6:13:38 AM
First, Ron just diluted the crap out of MDHI for his own benefit. There has been over a 400% increase in the issued shares. Here is a 101 stock valuation lesson for you. The more shares issued by the the company, the less value each share has. Currently there are somewhere around 32 million shares issued by MDHI. The price per book should be around .007 per share right now. There is no knowing what the current share count is because every financial after the 800/1 reverse split has had dilution in it. MDHI's share price is going to drop. Ron is most responsible for this share price drop.
SUBPENNIES!!!!
Second, Ron just increases the authorized shares to 80 million. Ya, this isn't going to end well for the investors. He is going to dilute MDHI out to 80 million shares, then screw everyone over with another massive reverse split. Haaaa. I've read this book before.
Lesson #1 about MDHI: Ron doesn't know how to run a company.
Lesson #2 about MDHI: MDHI only stays in business by selling warrants, diluting shares, and screwing over investors.
Lesson #3 about MDHI: MDHI has never been profitable. Management is incapable of properly running a company. They do not have the skills to make MDHI profitable. They have been at it since 2009. They should have been profitable by 2011. But they screwed up at every turn and seven years after starting, they still don't have their shit together.
Lesson #4 about MDHI: Some losers are losers for life.
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