[dragan7]

Sorry,

But, you are delusional, have illusions, and hallucinations...Titanic, and all other crap. The bottom line, and real facts are:

- delisted from pink sheets...
- no money for day to day operations...
- no money to pay loan interest, expose to the lender's mercy....
- investigated for fraudulent billing, possible will have to pay back, plus pay penalty...( read lose licence )

With all the bad news coming for last 1.5 yr, hit after hit...You, and some others are still talking about turn around, and give "the man" credibility?!...

Very soon you will have a chance to get more loaded with shares at, and under 5 cents...Sure, back up the truck...MLTO is finished, gone, caput....The only reason I am still "hanging around", is to see if anyone will buy them for nothing, or take them private, and make money with great business idea...

D.

[Arbo99]

Very Well Put.... THANK YOU!!!!!!!!!!!!!!!!!

[moldme1]

If you were flown in on a helicopter right after the Titanic hit the ice burg and were made the new captain, would your credibility be bad if you declared that the boat was still taking on water half an hour later? Even if you had said you would do everything possible to keep the ship from sinking?

Charlie has credibility with me. He has been straight about the condition of the company and has not hidden any of the sins. Credibility doesn't mean he can turn the company around overnight, or even that he will be able to do it at all. Credibility just means he is honest. I would rather hear bad news from an honest person than a wonderful story from someone dishonest. Yet some would rather kill the messenger.

He has drastically cut expenses, and apparently that is not enough yet. That doesn't mean he isn't going in the right direction. Give him a chance.

[Arbo99]

ROME WAS NOT BUILT IN A DAY!!!!!!!!!! GIVE THE MAN A CHANCE!!

[conrad2]

And more doom and gloom...???
Realtity bites. But Hansen couldn't or didn;t make the interest payment.

SO MUCH FOR HIS WORDS OF GETTING THIS PROFITABLE.

HE TOO HAS NO CREDIBLITY.

A GUY NAMED MIKE PRINGLE HAD CREDIBILITY,,,

HE DUMPED HIS SHARES AND THEN FILED SUIT AGAINST MEDIRECT.

[Arbo99]

I don't whine I never have nor will I ever. I take my lumps when necessary but don't take someone who is on their death bed and smother them so they can't breath. The $200,000 was spent incorrectly by two people who are no longer involved with the company. They will pay the price one way or another the thing is it happened and not something that current management can do much about right now. Charles Hansen is in place to attempt to right the ship. There is no guarantee he can do it but I am sure he will give it one hell of a try. Remember he could have walked away and Medirect could have been a thing of the past. It could still fold but as I said he will use every ounce of his strength to see that it doesn't

[raider1]

"where were you when Raymond and Debra were running rampant?" "try being a little more constuctive" you say. I don't run this company.I'm not responsible for their actions. If you think I'm kicking them when they're down you're wrong. They don't need any help-they did a good job by their selves. What part don't you believe. Check the press releases. There's nothing "phoney" about quoting the facts. I bet they'd like to have the $200,000.00 plus now. You sound like an immature whinning loser that wants to strike at someone else. If Hansen turns it around I'll be the first one back in. Until then good luck baby.

[Arbo99]

Another doom and gloomer. They all come out from under the rock when something is having trouble. Kick them in the face when they are on the ground, How proud you must be. If you got out at $5.00 what is your beef.Why are you still around and guess what I don't believe for one second anything you have written here. Some day try to be a bit more constructive. Kicking the company now when the poison has been removed from the wound is proof positive you are a phoney. Where were you when Raymond and Debra were running rampant. Where will you be if and when Mr. Hansen possibly turns this mess around.

[raider1]

This is the epitome of a stock completely mis-managed. From a company that had everything going for it to bottom of the barrel. I bought and sold this around $5.00. Every month supposedly they were increasing their customer base by about 15%. They were going to get listed and all kinds of good things. Instead they started using company money to play the ponies.They blew $200,000.00 plus on the trotters and now they can't pay the interest on their notes. There's got to be something criminal in this. I look for one of those New York Class Action boys to come running soon. Only good that may come out of this is the possibility of one of the other providers buying them out. Long shot. Good luck all.

[Arbo99]

We all knew that but it is nice to hear you admit it. LOL

[dragan7]

I am off my rock long time ago, I guess you are going to carry very heavy one for sometime....

If MLTO does not go very soon BK, and/or become private, price will go under one cent, nano penny stock...

Good luck

[Arbo99]

Thank you Dragan7 now please crawl back under your rock PLEASE

[dragan7]

God help you.....You will need many rooms for your wall-paper...

[moldme1]

I do have to admit that I sold some shares on 10/10 at $0.29. But I bought more back today at $0.11. So either I am going to have more worthless wallpaper or I will make a lot more money when the price goes back up.

[Waitedg]

My screen shows a rare reverse bid of .15 and an ask of .10 with a last trade of .15. Looks like sellers are trying to get anything they can.

[Arbo99]

This company is on LIFE SUPPORT but it ain't dead yet!!!!

[dickmilde]

There is always a reason why

pink sheet companies aren't listed...

It's because they don't have what it takes, otherwise they would be.

Dick Milde

[moldme1]

I still have my order in at $.16 ever since they released the Medicare news. I haven't been filled yet. Maybe I will get filled on Monday. I'm still willing to bet that Granite will not let the company fail that easily.

[SKY62]

Party over??????

[dragan7]

I am sorry to say guys "I tolda you so...", but it looks like fat lady is singing her song...:

http://biz.yahoo.com/bw/071019/20071019005785.html?.v=1

Now, I will cancel my 5 cents offer, and move to SOYO.OB for another round of penny adventure....

Mr. Moderator, you can go back and delete us all, incl. yourself..

[Arbo99]

This stock has shown more activity since it de-listed then before. The interesting thing is the buying activity.

[dickmilde]

I think he was referring to the total amount of money that changed hands... A little over $7000.

Dick Milde

[moldme1]

Looks more like 17.5K in buys not 7K. I hope you don't use that math when figuring out prescriptions.

[Arbo99]

No!!! It spoke about the investors self destructing. If you were really an investor and following this stock you would know there will be no 10Q or 10K. This stock is de-listed go find out what that intails. Your post is not funny if it were meant to be.

[conrad2]

1000 posts on 10/10...

Did latest 10-k or q say
anything about the company self-destructing after 1000 posts?

[dragan7]

Sure, for grand total around 7K!

Here are the numbers:

Price Size Exch Time
0.29 500 OTO 15:38:11
0.29 2250 OTO 15:38:10
0.29 1000 OTO 15:28:21
0.29 1000 OTO 15:12:04
0.40 967 OTO 15:11:59
0.40 2500 OTO 11:08:01
0.38 5000 OTO 11:07:29
0.36 1021 OTO 11:07:28
0.35 5000 OTO 10:39:43
0.35 3000 OTO 10:00:57

[Arbo99]

More buying today. What do we know?????????????

[Arbo99]

Someone is buy up shares. Almost all of today were buys. With all the so called negative thoughts this stock has weathered the storm and I do not think it will tank unless something happens that we are not aware of.

[moldme1]

See the link below. It looks like the company has been trying to do what I wanted, which is trying to reverse the exercise of the options by Raymond and Debra and then subsequently Granite.

[WHEREAS , the parties have certain differences and disputes as to, among other things, the membership of the Company’s Board of Directors, the validity and exercise of certain options by T and T, the number of outstanding shares of the Company held by others, the validity of Granite Creek's conversion of a portion of its debt from the Company into equity, and the accuracy of certain filings with the Securities and Exchange Commission.]

I was also happy to see that Raymond and Debra have resigned from the board. The odd thing is, the filing is for a Standstill Agreement and it only lasts until Oct 7 which is just a few days away.

http://www.irconnect.com/mc/irc/secfilings.mc?cmd=disp&id=5461384&type=HTML

[pinkrock]

Latest Ron Williams happenings:


Posted by: guilfordin
In reply to: None Date:10/2/2007 2:40:47 PM
Post #of 2553

From: Gary Collins [mailto:[e-mail]]
Sent: Monday, October 01, 2007 10:48 AM
To: [e-mail]
Subject: PET ECOLOGY



The going concern is standard verbiage for a company with the working capital ratios and the losses that we have experienced and with hindsight should have incorporated earlier in 2006 into the statements. The ratios will improve with the completion of the Tricon/Texas Atlantic purchase and continue to improve through the 4th qtr due to reduced overhead and increasing commercial activity. What is not able to be adequately described through the process of financial statement presentation is that of the related party debt probably 75% will not have to be paid back for a variety of reasons

- one deals with the countersuit we have instituted against Ron Williams and TBeck capital.



This will serve to bring the ratios more in line as well.



One of the things to keep in mind is that the company’s most important asset is its intellectual property and it is not valued other than amortized patent costs as the accounting rules require the these costs be expensed. The company would present differently if these costs were allowed to be capitalized.



Gary what you are viewing is bringing the company’s accounting in line with GAAP and in a the format that is acceptable to the SEC. The reality of the situation is that the company is moving forward and with the coming infusion have the resource to fund itself until fully commercialized.



Bob S

[Mr. Zen]

Post #992 Removed By: IH Admin [Matt] Reason: Off-Topic Previous | Next
Posted by: Waitedg
In reply to: Waitedg who wrote msg# 991

[conrad2]

OK, what you posted( paragraph below) says :

1) "other affiliates are selling" RW
2) A the time securites sold in private placement become freely tradeable. Courtesy of RW!


+++++++++++++++++++++++++++++++++++++++++++++++++++++
At the time of initial quotation in public markets;

At any time corporate insiders or other affiliates of the issuer are offering, buying or selling the issuer's securities in the OTC market;

During any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market; or

At the time securities initially sold in a private placement become freely tradeable in the OTC market. If any of the four above situations are occurring, issuers subject to Section 13 or 15(d) of the Securities Exchange Act of 1934 must be current in their reporting obligations to the SEC and we provide the Pink Sheets News Service for non-SEC reporting issuers to make their information publicly available. For more information on these services, please see Pink Sheets News Service.

[Waitedg]

Dragan - I,too,have been demeaned, and put down by Doubloon both privately and publicly. I wish to clarify just a few things I know. Doubloon, himself, has lost a considerable amount of money on MLTO. I know the approximate amount, but that is his business, and not for me to divulge.

Also, Doubloon, has not known that all this garbage was coming. I find him unrepentant for his put downs of people--and he projects his own personal problems onto others. He surely should remove himself from moderator of most boards, for he is not tolerant of people who take opposing views on investing to his own--as you, Zcooler and several others here know. He finds many tobe "boys" "amateurs" "foreigners", etc, etc.

He certainly has been associated with the promotion of several stocks which have been hyped and dumped through such sources as Wall Street Resources etc. I see him as concerned basically about himself and making money--and this takes precedence over having a board in which persons of all investment opinons are welcome to participate.

But, in honesty, I see no intentional manipulation or false involvement with MLTO on his part. His opinions, analysis, and evaluation of MLTO has been dead wrong, but he believed what he stated. I think he was misguided, and thought his "connections" were real and substantial, when they were not. Also, his ego, in my opinion, would not let him listen to me when I got out of the stock at a$5.25. He has a hard time learning from others--and has a need to be in control. But in some areas I have found him honest, but having made some poor investment discision.

For standing against him, or up to him, he has barred me from participation in his investment board, Hermits Hovel, and cut off all communication. His problem, not mine. But, I still believe it is important to be honest and not accuse him of things of which he is not guilty. Waitedg

[Mr. Zen]

Dragan

I have apologized to you in the past and I will apologize again if I have to for the outbursts.

The reason was that the story from you was not the same as the story from the company.... so now who has the truth???

We could go over it issue by issue and will probably see many shortfalls by the company..

There was no conspiracy (that I know of) to drag the share price this low, just the incompetence of a CEO with more ego than brains...

So now who do we trust within the company??? the answer for the time being is NO ONE!!!!

If you listen to the company they have leaned out the overhead and are heading to profitibility... If you listen to the disgrunteled ex-ceo the financiers are going to take the company private... At this point no one will be trusted until actions come out.

If you believe the company is about to die there is evidence that it will happen. If you listen to the latest reports you will hear a different story..

Perhaps the next press release will show the direction of the company, becuase it sure will not come from the 10-k that was supposed to be finished on time...

Personally I have taken the biggest gamble ever with my penny portfolio and now have 3x's the shares I had 4 months ago. That is not something that anyone should do unless they can afford to lose it all.

[dragan7]

Excuse me Z,

I was as vocal as you, and was called names, plus endure a bunch of Doubloon's personal attacks...So, will take some credit, as well... In all this P/D fraud, MLTO business idea was really bright spot, I mean very original, and viable business proposal..Too bad. All was clear to me after my surprise visit to
Pompano Beach ( August 2006 ), after have seen scared faces of few MLTO employees...

Z, full respect to your integrity, and clear thinking. Very sorry for 25K, I have maneged to get out with 20K ( at one point had over 100K paper profit, but was greedy wanted seven digits profit...What an idiot ). I am part of small investment group, if you are interested to join us send me a message at: [e-mail]

Good luck

Dragan

[zcooler]

TBeck selling shares, 8K that any material billing mis-haps will not allow them to bid on Government Cheese programs (did you check out Kansas as I suggested a while back?), now Talarico shows up on the board to save us all, while he is the MF'er that was lying through his teeth pumping this thing up and sucking people in at $5+. He's here calling Hanson a liar? Well no Sh*T Hanson is a liar, I've been stating that for a year here as well. However, he's no different than Talarico and RW.

My posts for the last year plus have been dead nuts on. I think everyone that has been bashing me, calling me a child, etc. etc. sees I was right. A greedy bunch of pigs orchestraded an entity that was designed to sell stock for as long as they could. They were never really serious about the business. I'm not looking for apologies praise, but, there is some level of satisfaction knowing the A-Holes that were bashing me here now have to admit I was right, even if they won't say it out loud.

Doubloon- As soon as they officially quit trading, don't forget you owe me that hand carved box. That box cost me $25K and I want it.

[dragan7]

Here is some reading:

http://www.pinksheets.com/pink/otcguide/issuers_getquoted.jsp

Listing Requirements and Fees

There are no listing requirements to be quoted on the Pink Sheets. Current financial information must be submitted with the Form 211. Current FINRA rules do not require the financial statements of Pink Sheet issuers to be audited, but they should be prepared in accordance with GAAP or, for foreign issuers, in accordance with their home country's accounting standards.

While Pink Sheets does not have a requirement that the issuer continue to provide updated financial information to the Pink Sheets; federal securities law requires that adequate current information must be publicly available when an issuer's securities are traded in the OTC market under the following circumstances:

At the time of initial quotation in public markets;
At any time corporate insiders or other affiliates of the issuer are offering, buying or selling the issuer's securities in the OTC market;

During any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market; or

At the time securities initially sold in a private placement become freely tradeable in the OTC market. If any of the four above situations are occurring, issuers subject to Section 13 or 15(d) of the Securities Exchange Act of 1934 must be current in their reporting obligations to the SEC and we provide the Pink Sheets News Service for non-SEC reporting issuers to make their information publicly available. For more information on these services, please see Pink Sheets News Service.

Issuers pay no fees to be quoted on the Pink Sheets. Market makers pay a monthly fee to quote a security.

[dragan7]

Moldme,

Medicine, and billing is part of my profession...Nobody get investigated for billing randomly in first few yrs of business, unless there is clearly some irregularity...I have said "possible fraud", did not say documented fraud. So, something is wrong.......

Now, about being de-listed. I am not quite sure ( not my expertise ), but as I can recall some form of financial statement must be produced even for pink sheets....Does not have to be audited, and at certain deadlines, but still must be produced.....Sure, requirements are different, if you are going to be listed on OB....On the other hand, if you do not produce any financial statement, then public does not have any evidence what is going on, and stock get suspended from trading on PK board...This could be not correct....

Even if they have "right" to continue trading on PK, who would dare to take any position with stock in financial trouble, and no way to check the books? There are not that many stupid retail investors...Would you buy any other stock under those conditions? Of course, not.....

No investors, no financing, no money for day to day operation for company on cash flow life-support, investigated for billing "irregularities", will bring the last thing: BK...Tilly is right, one should sell, and run for the door, before it is closed...Bob ( Arbo ), and some others, can stay "till the last drop", he got most of his shares "free", did not buy them...

Dragan

[moldme1]

dragan,

They are not under investigation for billing fraud. That would be like saying someone who is being audited by the IRS must be being investigated for tax evasion. Medicare periodically sends in private contractors to audit companies they pay to see if there is any sign of fraud. Fraud is so rampant in the industry, they are trying to control it.

Now unfortunately, it does sound like MLTO did not have all of their ducks in a row and does not have complete files with all the necessary documents in each. So, they may have to pay back some money collected or somehow get the doctors to get them the proper paperwork after the fact. That would be a case of poor practices and not fraud. I also believe that the dates of the records they are auditing are from before Mr. Hansen took over.

And as far as delisting goes, you are the one that doesn't get it. The vast majority of pink sheets are non reporting companies. The only time a company becomes reporting is when they plan to apply for a better listing, where you are required to be a reporting company. Again, they were not a reporting company until around the middle of last year when they were talking about apply to the BB.

Actually with the advent of Sarb-ox, and the added costs, there are many companies that are going back to the pinks so that they don't have to file.

[dragan7]

Bob,

If I do not know you, I would say you are either naive, or stupid...But, I know you are neither....

De-listed company means:

1. never will have to report any (audited, or unaudited ) financial data....
2. trading on pink sheets will be suspended, after notice is giving ( failing to make any financial statement, so leaving investors in dark, out on any info ), and deadline expired...
3. there is only one more step, going BK....

If MLTO goes BK, Granite will own them, and take them private, and try to refinance, revive them....But, that would effectively mean present shareholders will get nothing, zero, nada.....

Now, we have another "great news", they are under investigation for possible billing fraud...Here is link, and text. And, you can make own conclusion.....

Dragan

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5448029


2101 West Atlantic Boulevard, Suite 101, Pompano Beach, FL 33069
(Address of principal executive offices)


954-321-3540
(Registrant’s telephone number, including area code)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.)


[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




-1-
--------------------------------------------------------------------------------




Item: 8.01 Other Events


The Company has received a request from a Medicare program safeguard contractor to produce medical and other ordering and shipping records for thirty Company customers that received diabetic testing supplies and/or home medical equipment over the last several years. The Company has no information indicating that it is the target or subject of any governmental investigation at this time. In connection with the collection of medical records and other information required to be furnished in the request by the program contractor, the Company identified a material number of files in which the required Medicare ordering documentation is not complete or is missing.

Based upon the preliminary findings of the thirty files initially reviewed, the Company has initiated an internal investigation beyond the thirty records requested by the Medicare program safeguard contractor. The investigation is being supervised by a Special Investigation Committee made up of independent members of the Board of Directors. If a material percentage of document deficiencies is found by the internal investigation, the Company may be required to refund amounts previously paid to it by Medicare or to self-disclose its findings to the appropriate federal authorities.

The total amount of any refunds cannot be quantified at this time, but, given the Company’s current financial situation, any significant refunds due to Medicare could have material adverse effect on the Company and/or its operations. In addition, any material Medicare recovery against the Company may adversely impact the Company’s ability to participate in the Medicare DMEPOS competitive bidding authority implementation.



-2-
--------------------------------------------------------------------------------


SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


MEDirect Latino, Inc.

Dated: September 27, 2007 By: /s/ Charles W. Hansen III
Charles W. Hansen III
CEO