The 10K for CDVT states that $601,611 was loaned to Medcom. In that period CDVT sold $102,500, issued $294,000 stock to third parties and had bank overdrafts of $1,963. So, that means if this bogus loan was not made this stock would not have had to be sold and there would be no overdraft because there would be $601,611 to pay these things with reserve left over. This is outrageous that new management has not called the feds in on this. You know I am and will start the next round of inquiries. No stock needs to be sold to keep this company afloat. Beware of bogus sales and payment to third parties. The loan needs to be paid back immediately, not over time...It was fraudulent to begin with.
