Quote from 2/16/16 pr.
MCGI, with just under 500 million shares issued and outstanding, has traded recently in the $0.0006 range giving it a market cap of around $300,000. Should the price rise over time to between $.005 to $0.01 the market cap would equate to between $2.5 million and $5 million, which, one can argue, would still be below valuations that growing privately held platform business model companies are receiving from venture capitalists at this stage of their business. -Tim Armes http://www.otcmarkets.com/stock/MCGI/news
The Company
MedCAREERS Group, Inc (“MCGI”) (USOTC: MCGI) is dedicated to building its wholly-owned subsidiary, Nurses Lounge, Inc., into the premiere online professional network for the nursing community.
- See more at: http://www.nurseslounge.com/lounge/medcareers/index4.html#sthash.RvRkVEVZ.dpuf
The President and CEO of MCGI and founder of Nurses Lounge isTimothy Armes. He was also the founder of Jobs.com that he built into one of the top five job boards by 1999. He launched Nurses Lounge as a direct mail magazine that was published from 2003 to 2011. In mid 2009 he re-launched the website, NursesLounge.com into the professional network similar to what operates today. Accordingly, he has successful experience starting and building businesses in this space from the ground up.
A Rare Opportunity
Successful businesses in the social network space, such as Linkedin and Facebook have primarily been available to venture funds and a few well-connected insiders in the early to mid-stages of their investment cycle. MCGI, however, provides the micro investor, a chance to participate at an investment stage that may potentially provide investment returns that early investors in successful social media companies received.
- See more at: http://www.nurseslounge.com/lounge/medcareers/index4.html#sthash.RvRkVEVZ.dpuf
Showcase Your School With a Presence in the Nurses Lounge
You're In Good Company
"With the addition of these schools to our current membership we now have approximately 90 schools that will be utilizing our service. Of our target market of 600 BSN schools, this puts us right at the tipping point," said Tim Armes, president and founder of the Nurses Lounge.
http://www.nurseslounge.com/lounges/profile/15896/university-of-tennessee-knoxville
The shortage is real! As a nurse, help with the burden of the shortage by joining the Nurses Lounge campaign to connect 2 million nurses on one professional network. www.nurseslounge.com
What is the Nurses Lounge? The Nurses Lounge is a professional/social network dedicated to the Nursing Profession designed to increase communications between nurses, nurse organizations, nursing schools and nurse employers. When was Nurses Lounge formed? Nurses Lounge was first created as a local direct mail piece for nurses in 2003 and has now evolved into a professional network and resource for nurses across the country.
How much does the Nurses Lounge cost? Nurses Lounge is a completely free service for individual nurses, nurse organizations and nursing schools.
How do I get started in the Nurses Lounge? Visit our homepage at www.nurseslounge.com and then create your account using a valid email address, your name, and a password. You will then receive an activation email validating your email address where you can then login to complete your profile.
How can I advertise with the Nurses Lounge? Please visit our advertising opportunities page.
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As of December 21, 2015
O/S 452,838,100
From <http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11072521>
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MCGI