Alright, first off I must say, this is all information I have gathered and is in my opinion. I have provided links that led me to believe in my investment.
This in NO WAY is a suggestion that you should buy or sell this stock. Do your research and come up with your own conclusion.
All of my other DD will be below the new product.
New Product
SNORENZ (this is in my opinion based on my DD.. Also the simple fact Jorge said, "Some shareholders have identified the arena and YES IT IS IN THE SNORING RELIEF CATEGORY!")
Now if you look at the name at the top on the left you will see MED GEN INC. Why would CXAC pay 26,567.82 for MED GEN INC. Simple, Look up MED GEN INC.
I started searching for their products, I found SNORENZ the only one with a patent.
We should see Pinksheets Preferred this week, maybe another shareholder update maybe not.
We have 2 weeks until we hear about our commercial information. I kind of expect an update before then. There is NO R/S going to be done for the rest of this year. So we roughly have a lil over 3 months to get everything up and running. Alot of people left when they found out Jorge Diluted another 149 mil shares... But what people dont relize, he has to use that $100,000 or less (most likely less) to get the new product up and running which i think should be suffice. ALL IN MY OPINION TAKE IT WITH A GRAIN OF SALT AND DO YOUR OWN RESEARCH
So now it could be under $700,000 or possible still $716,505 regardless there has been money paid on this. And as you can see from his statement this is one of his priorities to get knocked off his checklist.
An Important update to shareholders in regards to R/S "We also wanted to take the time to give some updated corporate information. We have no plans for a reverse split, and will review the first quarter of 2010 the status of the company… but as for 2009 we will not do a reverse split."
Now you may wonder... well why buy then, they will probably just do a R/S in 2010... First off that's 3 months away a lot can happen. 2nd I have seen them review this for the past year every quarter and still have not done an R/S. I feel that Jorge only keeps this option open for a last resort. Unlike other companies...BOOM PR stating R/S tomorrow. He wants to succeed and add SHAREHOLDER Value. Not turn all his investors away.
A/S 6,500,000,000 O/S 6,499,953,268
Left to possible dilute = 46,732
$$$ Severly Addicted to Mad Money $$$
It is not always what we know or analyzed before we make a decision that makes it a great decision. It is what we do after we make the decision to implement and execute it that makes it a good decision.
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