Coro Global Inc (CGLO)

[Deep Space]

FLAT LINE. Frankenstein is more alive. Thats why. Stuffed goose looks real. It aint

[c0llin]

A little surprised more aren't throwing in the towel today. Volume seems light for such a dismal 10Q.

[Deep Space]

"solely concentrate" LOL

Yea, like stare at a orange and hope it peels itself.LOL

[Deep Space]

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

[PiratesECU]

Mcdonalds has a dollar menu, let them eat that. I do

[joezisbetter]

The Hausers have to eat.

[Deep Space]

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!

[bucksl]

good point !!

[gamechanger]

Well, I tried warning u guys, but u failed to heed it. Now hear this; no bid and. 0001 coming soon. Traders be ware!!!! Cheers

[Deltasaint]

And on the down side. Another 3 billion shares issued. What will they do with 800k? Hmmmmm

[Deltasaint]

On the plus side - they did not file for an extension. Lol. Dying to see the joke of a pr for this puppy. Kevin better have some significant commentary.

If I had the chance to ask him a question I would ask why they have completely abandoned their social media? I know there are many more important questions to ask. But this is the one I choose

[cpner49er]

The day that the SEC would be very interested in is the big spike up with close to 1 billion shares traded. I believe that there was all kind of illegal shorting of shares and other illegal trading thru offshore brokerages. While I don't have any facts to support this and it is just my opinion---- how else could the price spike upwards so incredibly and then fall within an hour or two to below the market open????.... It would be amazing to me if every single share traded was perfectly legal.
What would make perfect sense to me would be that the Hausers were connected to one of those brokerages and gave the brokerage all the shares they needed to short the stock down to any level they wanted..... Millions of dollers were made that day by someone---- the SEC needs to track down exactly WHO made all that money.... If illegal trading took place then a class action lawsuit needs to be filed and the parties that lost their investment needs to be justly compensated!

[PiratesECU]

Does any one think they will get the 420 thousand needed to sustain operations?

http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?docKey=137-000101376212001128-3FLPEK49MBM40HUGO96F95FK3M&docFormat=HTM&formType=10-Q

[PiratesECU]

The medefile app is cool. Oh well Best wishes

http://itunes.apple.com/us/app/medefile/id398459529?mt=8

[PiratesECU]

What ever happens I don't care. I'll hold regardless.

Good luck to all

Bye

[PiratesECU]

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

[conix]

Revenues $13.7K

Revenues for the quarter ended March 31, 2012 totaled $13,714 compared to revenues of $132,102 during the quarter ended March 31, 2011. The decrease in membership revenue is primarily related to a decrease in the amount of members and medical record reimbursement revenue received from members. Medical record reimbursement revenue is a dollar for dollar reimbursement for charges from member's doctors for sending updated medical records to MedeFile. The off-setting expense is charged to selling general and administrative expense. The Company has decreased its marketing and advertising efforts through a previously used telemarketing campaign. As a result, there has been a substantial decrease in memberships over the previous period. Revenues received from memberships are recognized through the period of the membership, and, therefore, revenue recognized represents a fraction of the membership in the quarter being reported.

[JamesB7476]

One thing I noticed is that the quarterly revenues was obtainable by a single individual with a standard hourly job. Not saying much for a company with supposed subscribers.

[Deltasaint]

Yeah. The decision to change marketing strategies was good one lol. They better have something in their bag to utilize the 500k they got from accredited" investors. Otherwise why keep the company around... No investor will give money to this pos if they are not growing revenues and subscribers. They wouldn't really be accredited now would they?

What a tragedy. They question now is what happens tomorrow. Or next week. Is this all priced in or will the. Ottom fall out Lol

[JamesB7476]

Yes, I was thinking we would take a wait and see approach to how this would play out but I believe it's irrelevant now.

[Deltasaint]

Nope. Just stating a fact. Such a good product gone to waste. The Results would put papa in his grave if he wasn't already there. What a tragedy.

[JamesB7476]

Delta, did you expect anything less?

[Deltasaint]

That's an ugly quarterly report right there. Let's see how elite spins this....

[gamechanger]

Lol, let's call GHOST BUSTERS!!!!! Because this one is dead. I told u So. Btw where is pity?

[PiratesECU]

Every one contact the SEC, I think they are on the case. The more the better

[cpner49er]

I wonder if Kevin has the same contempt for us "Little People" shareholders that Helmsley beeotch had for her servants.....the way he has ruined or allowed to ruin this stock is disgracefull----his old man is surely rolling over in his grave.....

[conix]

No it's not. MDFI is a lottery stock, imo.

[cabir]

This is lotory stock now !!!!

[Deltasaint]

Interesting trading though...When it 4 this morning, that was actually only 5K sharess not the 2mill, because those were executed at 5. It gets up to 6 and someone drops a 3mill hammer to 4. With all the shares out there and issue in lieu of services, anyone could be cashing out for any reason. at the eend of the day, I think there is a greater possibility of a little run this week leading into earnings..... The problem is there are not enough poeple interested in trading this stock therefore any buy or sell is magnified

I would LOVE to see one piece of news this week.

I would also point outr that the 3million sell @4 is wierd since the Bid Ask at the time was 5/6 check out the list of trades on Ihub

[tradersamo]

What support??

LOL

[drebmd]

and now for a 33% loss. glad I didnt buy in again at .0006. Not sure where the support lies now...

[Deltasaint]

Well. Some volume at the ask of 6. Chipping away at the ask? More buys than sells. Lest we not forget that all these new shares are not in the float. Maybe a trading opportunity

[Deep Space]

Lol! I like your sense of humor High Jinkx. I remember rushing home from work excited to watch the spot on the dvr. Lol. Kevin Hauser with his bracelet on. Please.

Keep up the posts HJ. :)

[High Jinkx]

MDFI, Let's put Kevin where he belongs.....

[beambe]

Volume ;.)

[Deltasaint]

YEA!!!! Green Close!!! lol Bronx Cheer..... Actually not bad, perhaps we get some action next week for the roll into Q1. That would be nice.

[PiratesECU]

I received a response back from Microsoft and spoke with some one. They have a similiar business but they would be willing to listen to Hauser and have looked at Medefile and the product and service of the company.

here is the email I received, some one send it to Elite if you can, I'm tired lol

Good luck to all



Dear Mr. -----



I was asked to reply to your letter on behalf of the Office of the Chairman. Bill transitioned his priorities from Microsoft in 2008. Thank you for your interest in Microsoft.



I am a Business Development Manager with Microsoft’s Opportunity Management Center (OMC), which reviews unsolicited proposals and recommends specific resources and programs that may help you meet your business objectives. I reviewed Medefile's value proposition. It appears to be an offering addressing the online management of personal healthcare records that mirrors what Microsoft provides with HealthVault:



http://www.microsoft.com/en-us/healthvault/





That said, I have no next step to assist with your request. If Mr. Hauser or his chosen representative wants to approach Microsoft with a proposal showcasing a complimentary business value proposition to our platform - I'd be glad to review and provide feedback or next steps as appropriate.



I appreciate your interest in working with Microsoft and wish you the best of luck with your project.



Sincerely,



George Morrison

Business Development Manager

Opportunity Management Center • Microsoft Corporation

fax: [phone]

[e-mail]

[tradersamo]

NO!!!

[PiratesECU]

Wonder if the SEC will really do any thing?

[JamesB7476]

Wonder if we should all send in complaints to them....

[Deep Space]

I did too CP.Little did WE know it was DOA with this goon crew, and that is the crow I will rightly eat from GC. The news was sizzling from PHR's 2-3 years back, and the hauser toddlers sold the news. They used the dead grandmother too bait in trust and sold the "hot, new, state of the art product" and cant even update the stupid website but once a year.Took the manhattan project to get it in spanish I guess. My wiz cousin could have done it in a week. Jeez

My opinions.

[drebmd]

I don’t think the problem is that "stupid can ruin a company." I think it is more a case of greed and entitlement that is ruining this one.

If there ever was any real passion for the product, I think it left long ago. The bros has proven they are only in this for themselves and the quick cash they can pull. Neither one has any experience growing a company or any particular expertise in this industry. From the looks of the website, the expertise they once had has vanished along with 95% of the original value of just a few years ago. Thank goodness I averaged down and then played the upticks we've seen every now and again. I suspect others were not as lucky.

Incidentally, did anyone else notice that the iPhone app stopped working? I also noticed that I cannot update my MedeDrive on my PC. Just wondering.

[PiratesECU]

The SEC called me yesterday and they have had several complaints about how the company is ran with in the past 2 weeks. They told me that they could not tell me if they are doing an investigation or not. They can only do so if charges are brought up which has to made public for all to see.

I don't know what Kevin does but after what Madolf did they told me they are more careful.

Should be interesting

[cpner49er]

It actually wouldn't be so bad if he just came out and said ... "hey investors--- I like living the good life in boca raton... This company couldn't make money ever because I won't do anything but release rediculous news blips and dump billions of shares to support my lifestyle"...
At least he would be telling the truth because that's what he did anyways...sub pennyland is for traders only---- but I thought mdfi was a diamond in the rough... I thought it genuinely had huge potential.... I believed the idea and really thought it could become a cash cow...

[ErnieBilco]

Really is sad what stupid can do to a company with what should have been a moneymaker. But shares sell so much easier than a product I guess.

[Mithrandir67]

well, at least not today
seems to be more than dead - no volume at all

Mit

[conix]

Waiting for the trade. There will be one in MDFI and there will be another in CTYX. JMO.


But it will be after some news that means something. MDFI has 5 Billion in the public float. Most of those other shares are still locked up.


CTYX has 100 Million in O/S. %4 million in the public float.

But without news, the amount of shares out does little.

But, mark my words, both will have another run.

[tradersamo]

I'm glad you finnely see, what this companies and it's CEO's main objective is......."SELL SHARES"

48 billion.......LMFAO, what a jerk...s!!!

[cabir]

Hmmmm, thanks

[Mithrandir67]

because there is not the slightest piece of confidence left in this company nor in the CEO sucker.
No one seem to believe any more in the slightest possibility of success or profitability. The Hausers sucks and they try to milk the last pint out of this cash cow before they will enjoy the rest of their lifes somewhere on a nice beach - all IMO of course. But one can see what's going on here.

Mit