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Am I missing something, or is the problem not just about the 48 Billion shares of MDFI outstanding? To me that is the heavy anchor on MDFI and the bomb that destroyed the value and PPS.
But I have to believe that there are many here who were drawn to MDFI by the product and the prospects for the industry, who could and should remember the old maxim: "you don't have to make it back the same way you lost it......"
For those folks there are other options in this industry space. If one believes that all of the small players in the industry are in trouble, then perhaps one should leave this space entirely. But for those who are intrigued or high on the prospects for the industry, there are attractive options. CTYX is trading near its 52-week low, but has had recent news and the first signed contract for its private label MedFlash service, and a very positive update from the CEO yesterday. And, its share structure is extremely favorable, i.e. just 81 Million shares outstanding according to yesterday's released update. Although, I believe if you look at potential shares fully diluted, including convertible preferred shares assuming full conversion, you could get up to as high as 170 Million shares potentially outstanding fully diluted. Given its 12 month trading range of approx. 003 - .02, there is $$$ to be made (or made back) there IMHO, for those who believe in the industry.
have at it
https://tts.sec.gov/oiea/Complaint.html
The SEC is on it. Hopefully we will see some results
I feel for you cpner. This is a tough industry to be investing in right now. Even with all the positive news and developments out of CTYX recently, and the CEO's update letter yesterday, it is languishing down near its 52-week low. I still have high hopes for this relatively young industry, and believe there is value in at least some of these smaller companies, but the share structure her in MDFI is a killer.
Well it's pretty obvious that the Hausers greed has ruined this stock. All investors including traders realize now that this security is like the proverbial roach motel--- you can check in but you can't check out.... Only one making money now is sellers who got shares for services rendered. Any serious sell pressure will tank the pps to .0001
This is sickening.... Kevin should have prevented this. He is to blame. He and his crooked brother should retire their shares.
Wow, how pathetic.
Now what Kevin???????
To CTYX shareholders and interested investors:
Yesterday's press release (http://finance.yahoo.com/news/connectyx-announces-life-line-screening-123000620.html) announcing CTYX's first major Private Label client, Life Line Screening (LLS), involves LLS's new Healthy Rewards Program being marketed to the company's database of customers who have previously been scanned. For a nominal charge of $15 per year, a new Healthy Rewards member will receive access to Life Line Screening's Health Manager, a personal medical records application powered by MedFlash. New members will also receive a $10 discount certificate off their next screening--bringing the net cost for the a Healthy Rewards membership to $5.00 per year.
Life Line Screening is directly contacting prior patients on the Healthy Rewards Program. The company has screened over 7 million people since 1993, and screens over 1 million people each year at over 16,000 screening events nationwide. This database is the most attractive demographic for a personal medical records (PMR) marketing campaign as Life Line patients have demonstrated a pro-active interest in monitoring their health and overall wellness. Upon signup, the first medical records to populate the Life Line Health Manager will be the member's past Life Line Screenings test results.
Connectyx Technologies will realize revenues for every member signup on an ongoing basis.
Life Line Screening tests include :
Carotid artery/stroke disease screening
Atrial fibrillation (irregular heartbeat)
Abdominal aortic aneurysms
Peripheral arterial disease (hardening of the arteries)
A more comprehensive list of screening services is accessible at: http://www.lifelinescreening.com/health-screening-services/default.aspx
An example of Life Line Screening Pricing can be viewed here:
https://secure.lifelinescreening.com/signups/packagesGBB.aspx?screeningid=205871&searchzipcode=34994&sourcecd=GOOG-001
We can supply contact information for Life Line Screening should you have an interest in the Healthy Rewards Program.
Feel free to ask any questions regarding this program by replying to this e-mail
Regards,
Investor Relations for Connectyx Technologies
Noticed that. LOL
Between the two, I like CTYX just because they shares outstanding is still very low. And the news today shows a REAL CUSTOMER signed up with them.
If MDFI could do the same, that would be great. But BILLIONS of shares is alot to eat through when the stock is going up. Do you think Lyle wants to be a long term holder of all these shares? LOL
Either way, there is not alot of volume in either now.
Neither, they both suck equally!!!
And neither one has traded a share today!!!
But today CTYX announced the first signed contract on its new private label Medflash service and initiative:
http://ih.advfn.com/p.php?pid=nmona&article=52603455&symbol=CTYX
And, would you rather own a stock which has 100 Million shares outstanding (CTYX), or one that has 48 Billion shares outstanding and 70 Billion sh authorized (MDFI)?
stock is dead! GC was right. board is closed as well?
Mit
How many ppl have called or emailed the SEC this week? I've heard of several.
I think we may see something done and justice served.
Sorry guys, this thing is officially DEAD!!!
Wow - 74 million on the bid at 4. That's a floor for sure. 2 million on the ask at 5
looks like the dumping has come to an end as no one seems to buy any longer!
So, Kevin, this cash cow is dead! What do you want to do next to secure and maintain your luxurious living style?
Mit
Smell like a real company......LOL
They don't even know where to start, never send a boy to do a man's job..........
what idiots!!!
LOL! There is nothing to suggest any strategy or even knowledge of the market. There is no information to indicate meaningful relationships are being built with anyone, let alone the government. I presume that Kevin and company would never do anything requiring federal oversight or regulation -- it is easier to create non-binding relationships that bear no fruit, then "jump" to a wholesale strategy as if it wasnt their purpose all along. How many subscriptions sold thru retail? We will never know. I bet that was never a serios plan anyway as there has only been scant advertising and marketing here. They were trying to sell thru physicians but that fizzled too.
Kevin must resign for this to go anywhere. There are very few employees and no capability to sell out given current capital structure.
Just doesnt smell like a real company since there is no return except for those selling huge holdings into a previously unsuspecting marketplace.
gameboy is just upset cause he went "All in" on FB ipo....
2 words.....Margin Call.....
I think you're related to them, or maybe you are one of them, keep your opinions to yourself, no one here is that stupid, this is nothing but a scam!!!
Sounds like you are afraid to stand a for yourself. I bet you let people walk all over you.
you guys need to settle down, be patient and please, please stick to the subject at hand. i talked to Jodie at elite and she expained to me some things. I know that sales are not good but this is totally do to a complete market stategy change.
this last quarterly statement was not that bad. net losses are down 52%! this is a good thing with all the new contracts(these are not fluffs). and especially with no long term debt! Also the marketing expense is zero!
we need patience and stop putting this company down. this type of product will be absoluty huge in a few years. many new contract are being worked on and not just in the US.
lets lay off the Hausers. have the been perfect in what they are doing, no. but there business stategy is correct.
the restricted shares being issued is a concern, but again, patience. this will be at least a 3 year proccess. they need cash flow to set up these government contracts, etc.
you guys talk about playing the dips, and i can't stop you from doing that i guess. but if you would this would speed the process tremendously.
lets give the hausers and dodi some support, and by all means, totaly ingore that idiot gamechanger.
thanks guys and have a good day.
I thin it's about time for Kevin to resign!!!
Mit
please stop posting the same thing again and again....
let's talk about MDFI and keep it on topic.....
I believe it's about time Kevin releases a new press release...what are your thoughts???
The person whom is taking complaints about Medefile at the SEC is Marjie and her direct line is 1-202-551-6306
She will return your call.
Good luck
Good point, but my point is the SEC does not want negative attention. I hope the radio shows have picked up on it or it's content.
Remember 2 years ago when several SEC employees were fired for watching porn all day and doing nothing?
If enough of us put enough pressure on the SEC they will most likely do an investigation.
Hell I want lie, I even sent a letter to the White House to make sure the SEC is notified from them to investigate.
Hauser needs this kick in azz!! And the more shoe prints the better
I hardly doubt any if the three points you list will ever link... It would be like flying to 3 solar systems in a radio controlled biplane in two days.... Doent make sense. If you knew anything of the jp Morgan trade error then you know that that activity and the everyday activity of nano-cap stocks are light years apart. As for radio... Bring it on we could use the attention. There are well over 10,000 listed stock in the us alone. The op 5,000 are in the Wilshire index , this is not so it is not in the top 5,000, we know that... Then again try an count how many of those 5,000 make a difference or get any mention - good luck. On a good day up could name 2-300 because you recognize them from the s&p. Russell lists the top 3,000. How many of those you have never heard of.
It would be nice to see someone from the /sec rattle the cage of this idiot CEO. But don't lead people on by trying to connect world level events to the insignificance if this stock
I have calculated - 13 billion shares outstanding. Where do you come out with 48?
Not that it matters. It was only 1 billion during Milty's reign. This no way to honor your fathers dream
Trust me, certian employees of the SEC don't want to lose their jobs after all of the complaints regarding how Hauser has operated this company. You may see an azz whipping imposed by the SEC for things to turn around.
After what happened to JPMorgan last week, the SEC may not want to take any chances, esp if talk radio gets involved, which they may be.
Saturday's are spent crafting witty and appealing press releases
And Saturday????
LOL
48 Billion shares outstanding. Boy, those market makers are going to be busy.
Call the SEC, the more the better. A few have already called. The contact number is posted in a prev post.
Kevin's week in review:
Monday
8:45 punch in at work
8:46-9:00 drink coffee
9:01 call Market Maker and tell them to dump MDFI stock
9:02 left building and play
Tuesday
8:45 punch in at work
8:46-9:00 drink coffee
9:01 call Market Maker and tell them to dump MDFI stock
9:02 left building and play
Wednesday
8:45 punch in at work
8:46-9:00 drink coffee
9:01 call Market Maker and tell them to dump MDFI stock
9:02 left building and play
Thursday
8:45 punch in at work
8:46-9:00 drink coffee
9:01 call Market Maker and tell them to dump MDFI stock
9:02 left building and play
Friday
8:45 punch in at work
8:46-9:00 drink coffee
9:01 call Market Maker and tell them to dump MDFI stock
9:02 left building and play
Sunday-----go to church and ask God Almighty to forgive himself for what he did and what he's about to do next week......
Dilution machine. Kevin & crew are a bunch of losers that prey upon unsuspecting investors. They make money by selling shares. Plain and simple. To those that are savvy enough to trade in and out----I salute you....
I can't believe I bought back in to this scam
no, it's 66k shares!
VOLUME (beambe would say) - LOL
Mit
Is that 6 million shares at 6?
That's true Delta, no one knows, I still like the prospects available and the possibilities are endless as to where they can expand to. As for the latest news, yes that was expected. Just feels like they are not giving the 100%. I'll take a wait and see approach again. Thanks for the response.
Why not? Millions of shares have changed hands over the last few months at this range... Isn't this report kind of what we were expecting, just sucks to see it really happen.
All my shares at free and I have a few million of them. I can sit and wait and take a chance that the 800k is put to good use, that the 75+ doctors get subs for this product even though no one has said how that would happen, that some gold mine is struck in Europe for this product, that the leaders of that little organization complete the trial run and expand the product to the rest of the 3000 people in their company.
Yeah, I can wait and hold.... Like I said before maybe this is already al priced in.... Maybe ther is a trade. Coming. Maybe we do hit no bid.... But I have nothing to lose to see where it goes, and someone out there has picked up a lot of shares at this range as well....
FLAT LINE. Frankenstein is more alive. Thats why. Stuffed goose looks real. It aint
A little surprised more aren't throwing in the towel today. Volume seems light for such a dismal 10Q.
"solely concentrate" LOL
Yea, like stare at a orange and hope it peels itself.LOL
For anyone that thinks I am too harsh. Elites e-mail from today.
Joke.
Financial Highlights for Three Months Ended March 31, 2012 Compared to Three Months Ended March 31, 2011:
• Revenues totaled $13,714, down 90% from $132,102. The decrease in revenues was largely attributable to the Company's shift in marketing strategy – which occurred in mid-2011, providing for MedeFile to solely concentrate on winning large, wholesale opportunities with large medical practice groups and institutions, insurance companies, law firms, trade unions, affinity groups and other notable organizations capable of enrolling thousands of subscribers onto the MedeFile iPHR system simultaneously.
o In April 2012, the Company announced its first major 90-day pilot program with Promise Healthcare, a leading national long-term acute hospital company employing 3,000 people.
o MedeFile also reported in April that it signed Medical Specialists of the Palm Beaches, providing for MSPB's 75+ physicians to leverage their influence with their collective patient base of more than 200,000 people to encourage them to enroll in MedeFile as their personal health record management solution.
• Operating expenses declined 52%, decreasing to $247,371 from $516,820.
• Consequently, the net loss totaled $233,723, or $0.00 per basic and diluted share, representing a 48% decrease from a net loss of $448,193, or $0.00 per basic and diluted share.
• As of March 31, 2012, cash totaled $30,344; and there was zero long term debt. Subsequent to the end of the first quarter of 2012, MedeFile raised gross cash proceeds of $900,000 via three separate private placements. The first private equity transaction provided for the placement of 100,000 shares of Series B Preferred Stock for $100,000; the second transaction provided for the placement of 5,000,000,000 shares of common stock for an aggregate purchase price of $500,000; and the third transaction provided for the placement of 3,000,000,000 shares of common stock for an aggregate purchase price of $300,000.
For more detailed information relating to the Company's first quarter 2012 results and the noted private placement transactions completed subsequent to the end of the quarter, please refer to the financial statements included with this press release and the related disclosure documents, including the 10Q for the period ended March 31, 2012, filed with the US Securities & Exchange
Mcdonalds has a dollar menu, let them eat that. I do
The Hausers have to eat.
MDFI -
Looks like one of the war veterans you see from WW1& 2 (Full Respect) returning home from the front.On another front. Any technicians here have any say on BIEL? Broke resistance today, and if it holds could pop? I loaded the boat at .0048. Decent news lately and not based in NEVADA. TIA!
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