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I agree even though I have said the charts have nothing to do with anything, it's all buyer sentiment.
I believe there are many people just waiting on the side lines and as soon as we here good news we will have a major buying frenzy going on.
These stand bye's are smart and willing to pay more but at least buy into a sure thing.
If I did not get suckered in with with the Goldman report, I would have waited as well.
But since I needed to average dsown, presently holding 12 million shares I too will be adding at least another 8 million shares at the .0004 level since I believe this is the rock bottom.
Once they announce 2 sales cash positive, I believe we will jump as well to .001 level and never look back.
I'm re-buying on Monday. With this volume and some of these indicators stapled to the pavement, I think we see a run to .001 and .0015 in short order. Not saying the company has improved, just saying the chart is saying so. Volume is subsiding which means to me, consolidation at this level for a bottom feeder is nearly over IMHO.
Yes, big volume, my guess is it is dilution.
Somebody knows something
Just look at the volume since the beginnig of February.
Finally some movement and got another 2 million at .0004 which took one week to fill.
Now I'm happy!
Need breakthrough in 2012 or hang it up.
Laky has to know this.
jrg, not being contentious but need to point out. you used words "they have a great product." i pointed out that the product is a tank, shredder, control unit, carts too. nothing great about it. other companies with tanks, shredders, control units - bondtech, onsite sterilization, sanipak, costello, ecodas to name few. and some of this equipment sells much less than mcln.
Last paid price tells what the market thinks this stock is worth. Poor communication, results, dilution drove MCLN to the grave.Lots of beliefs not much truths in his statement. For sure we were mislead.
well said and for that matter why isn't any of the relationships producing results.But on the other hand why would any of these huge companies like Meda even form a relatiosnhip with MCLN or have their name associated with MCLN if they did not nelieve in them?
THE FOLLOWING IS WHAT REALLY EXCITED ME BUT NOTHING HAS BECOME OF IT AS OF YET AND I FAIL TO UNDESTAND WHY:
- MedClean Technologies Forms Co-Promotion Relationship with Covidien, Leading Global
Healthcare Products Manufacturer: On 13th May, 2011 announced a co-marketing agreement with
Covidien, a leading global healthcare products company. With this relationship, Covidien’s national sales
force for SharpSafety products will promote MedClean products and services in a complimentary manner to
MedClean’s existing Distributor sales force. As a result of this relationship with Covidien, and the MedAssets
relationships already in place, MedClean will have multiple sales professionals promoting the Company in
nearly every hospital in the U.S. In addition, MedClean will sell and distribute Covidien’s market-leading
sharps and waste containers. This is Medclean’s largest co-promotion arrangement to date; it broaden’s the
exposure of its products and connects MedClean with nearly every hospital in the country.
OK NEARLY EVERY HOSPITAL IN THE COUNTRY, THAT SHOULD HAVE BY NOW BROUGHT SOME RESULTS.
SO AGAIN I ASK ANYONE, WHY IN THE WORLD WOULD ANYONE ASSOCIATE THEMSELFS WITH MCLN IF THEY DID NOT SEE POTENTIAL.
IT'S NOT LIKE MCLN IS PAYING THEM UPFRONT $$$$, THEY ONLY STAND TO MAKE $$$$ IF THEY MAKE SALES.
THIS IS WHY I ASSUME IT JUST TAKES TIME BUT OF COURSE THERE ARE RISK FACTORS INVOLVED.
Risk: Key risks include shareholders equity deficit;
marketing strategies failing to take off as planned; high
level of competition.
I believe with everything they have in place, 9 contracts in advance talks which obviously came about through their sales force it's only a matter of time.
I think patience is a virtue and if they don't run out of money before finally bringing in some sales, once they start there will be no holding them back....
It's not ofetn we have an opportunity to get in on the ground floor of a company and for anyone that is not yet a shareholder of MCLN, in my opinion if you don't get in now, your gonna wish you had.....
By the way most people know I'm not a pumper, I believe in this company currently own over 11 million shares and have buys in for another 2-3 million which has not yet been accepted.
For any newer people on this board I expect this company is very close to cash sustainability. We know they are very close to signing additional contracts very soon.
This conference call from Mr Laky will be extremely important to all shareholders as it should tell us if the company is going to complete these proposals. If they do, then profits are right around the corner.
Understand you point JR but when it comes to marketing its an apple / orange comparison.
I believe the point that was being made is their are a number of companies who make an autoclave, maybe some do it better.
What we need , imo is honesty. I don't expect we'll get it as Laky needs to be optimistic as sales just aren't coming. Everyone on this board needs to understand why. I don't know why. Maybe the competition is eating us alive. Obviously Stericycle and Waste Management are growing in this area.
Why isn't MCLN? If they were, we would be hearing and getting information from Laky with progress updates.
Something isn't happening that should be happening to get sales. THAT IS THE BOTTOM LINE
As a side note. Last year we were hearing Barnett was excited to be a partner with
MCLN. Now we hear nothing. Did something go wrong. Why isn't this relationship producing sales or adding value. Another mystery.
so why did you invest in the company? Some of the best products in the world are made up of many smaller intergrated products produced by other companies.
You obviously need an explanation to help you understand that just because "they have a tank made by another company and shredder made by another company", this does not mean they have a inferior product.
Here is an easy example that should hopefully help you understand that your analogy is very narrow minded.
APPLE doesn't make the iPhone itself. It neither manufactures the components nor assembles them into a finished product. The components come from a variety of suppliers and the assembly is done by Foxconn, a Taiwanese firm, at its plant in Shenzhen, China. Samsung turns out to be a particularly important supplier. It provides some of the phone's most important components: the flash memory that holds the phone's apps, music and operating software; the working memory, or DRAM; and the applications processor that makes the whole thing work. Together these account for 26% of the component cost of an iPhone.
This puts Samsung in the somewhat unusual position of supplying a significant proportion of one of its main rival's products, since Samsung also makes smartphones and tablet computers of its own. Apple is one of Samsung's largest customers, and Samsung is one of Apple's biggest suppliers. This is actually part of Samsung's business model: acting as a supplier of components for others gives it the scale to produce its own products more cheaply. For its part, Apple is happy to let other firms handle component production and assembly, because that leaves it free to concentrate on its strengths: designing elegant, easy-to-use combinations of hardware, software and services.
So although Apple does not actually make the iPhone, it certainly makes a lot of money from it.
I would say that MCLN is doing the right thing, they are not set up nor do they have the finances to manufacture their own product, so like apple they can concentrate on their strengths.
Unfortunately as of now, we are still waiting to see what these strengths are!
if you have done due dili then you would know that mcln has a product that far from "great" as you put it. they have a tank made by another company and shredder made by another company. that's it. they have pc control system for tank. as for great track record at e research esposito was that guy and he's gone from mcln so is grisanti. look where their great track record took mcln. laky and cfo were e research too but that was big company with many good people.
If more promises: Lots of insults to rain down on you laky boy! Unacceptable result after 3 years. We lost our shirt a little truth and humility would help.
They do have a great product and an amazing management team based on past performance at E research. Nothing has changed except it's been two years since we got suckered in from the Bio Meds report which had nothing to do with MCLN and everything to do with the crooks at Biomeds:
garza@biomedreports.com
I have at least 50 e-mails dated back to 2009' when that report came out.
In the past two years I have gone from 1 million shares to 11 million shares and I have another buy in for the past week of 2 million sahres at .0004 and I stand by my optimism.
You do not lose anything until you sell! On paper means nothing, hold on to it for as long as you can and if you have done your DD and believe in the management team and their product and can afford to average down and can hold on to this for another two years, I think it will pay off IMO.
That's a lot of if's, but I look at this as an opportunity to get in on the ground floor.
GL
Hi jrg and great to hear your optimism but I am thinking that the end game is near for MCLN and we are going to lose everything. I have already lost 95% of my investment so I am holding on to the end like the rest of us and wished I would have sold everything during the last suckers rally when we got to .09 cents. I thought they had a good product and got suckered in on the Biomedreports like everyone else but I think the end is near for this company and they are juat paying bills, etc and will not be able to survive.
Thinking about buying another million shares for .0005 to reduce my cost per share from 1.4 cents to 1 cent but I am starting to think from the consensus of this board that MCLN is on the brink of bankruptcy and you are basically throwing your money away. If they had 9 potential sales in advanced stages and they only closed one it would seem that if they are dumping millions of shares at .0005 then they are very desparate and maybe just paying bills and salaries and you are screwed if you throw more money in at this point. I am thinking that the odds are that they will be going out of business soon and filing for bankruptcy. Not sure what I am going to do but tomorrow is a decision point for me since I have an extra $500 to invest but I am getting frustrated at losing so much money with only hope for MCLN to turn things around and the true facts are very negative.
¿Restricted?, I have orders to buy 4. What happens?
at risk of repeat criticism for writing the obvious in past posts, seems obvious must continue to be used to challenge certain thinking. will someone pls explain to rest of us how 0.0006 TODAY is GOOD NEWS???? only FACT i can think of is 0.0006 good news if bought at 0.0004. wow!!! u just made what? $10.83?
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You guys are setting yourselves up for more disappointment with this conference. Even if Laky does hold it as announced, all he's going to do is skirt around the questions and give answers filled with ambiguity and hope for the future like he's been doing for the last 2-3 years. It's just going to be more of the same, just in audio this time with this turd.
I would say it was time to get results. We are in March now and the tank is empty, fumes and vapours gone.How are they going to pay bills, service passed contracts with no cash, empty inventory. Am very pessimistic. Laky better not cancel the tel conference: YOU are accountable!
No more tricks. No more promises. No more optimistic bs. RESULTS!!! are what we need. Only results will make the pps move.
ITS TIME!!!!!
Truth Well Said. Am a big shareholder. Was tricked by high hopes. Savings and 3.5 years wasted with close to 0 result. Now we are close to bankruptcy. Thank you Laky & Cie
jrg, some of ur words go to my point. you "believe" there is much going on behind scenes but only facts for last 3 1/2 years this mngt team been on scene show no revenue, no profits, pps going in wrong direction on their watch. those r facts. u r right about one fact - all anyone has had for couple of years with this mngt team is hope, nothing but empty words to fuel it. if hope is all that's left think it should be without speculation bcuz all speculation expressed on this board over few years has not come close to fruition. just saying IMO.
I hear you and agree with you but nothing to do but wait and hope! However I believe there is much going on behind the scenes that we know nothing about and since shareholder value is not a concern of theirs, it's unfair to say that they blew it IMO.
When it all comes through you won't be saying they blew it anymore.
jrg, i run 5.2 miles 4-5 times a week. anger, frustration in check. this mngt team had window of opportunity, blew it. facts point to that, not my opinion.
All so true what you point out but never the less everything pointed out in terms of what MCLN has accomplished is true.
It's all in place and time will tell.
I feel your frustration but I learned a long time aqo, being angry and frustrated over the current situation can lead to know good.
try a work out in the gym, good for the head, body and soul.I work out 7 days a week which is how I deal with any frustration, it is great for me and may not be your cup of tea but all I can do is wish you the very best and hope that one day soon, we will have happier things to talk about.
really now. for anyone not born yesterday, question - how many companies reported in media, elsewhere over & over again their good intentions only to then crater and disappear? just bcuz someone says it or writes it doesn't make it so. what the hell else do u expect hayden to write? that company and management sucks? of course not, so maybe a more discerning eye is needed by those who r so willing to accept what is written, said compared to facts.
This is a letter I copied from Jeff Stanlis
Partner
Hayden Investor Relations (HIR)
and I have reposted it because and I quote Jeff:
I understand fully your frustration, and so does management. I am simply trying to point out the bigger picture.
I JRG THINK EVERYONE SHOULD TAKE THE TIME TO FULLY READ THIS AND THEN MAYBE IT WILL SHED SOME LIGHT ON HOW MCLN IS BUILDING THEIR FOUNDATION.
I apologize for the delay in responding. I was traveling much of last week, and I wanted to touch base with management before replying. Let me start by saying Hayden IR provides limited consulting to MedClean, for a very limited compensation, and we are not involved in outreach. We help them with strategy and communications, almost exclusively. As such, I wanted to make sure I was as up to speed as possible before replying.
MedClean has accomplished a lot in an extremely challenging situation. Despite a lack of growth capital, the company has built a strong network of partners in the industry.
- They are a member of one of the largest and most respected GPOs in the country - MedAssets.
- They developed a lead generation mechanism in the form of an exclusive partnership with an expense auditing firm to assist the company in reducing the time it takes to gather the correct information to prove its value proposition.
- They created an alternative revenue model in the form of a partnership with Covidien and the newly created ecommerce business.
These initiatives set the foundation not just for growth, but for sustainable, profitable growth. Let me be clear, they need to execute, and need for their partners to execute as well. A business plan does not insure success, and management knows this. Deals must close, and closing deals has taken longer than anyone expected. I understand fully your frustration, and so does management. I am simply trying to point out the bigger picture.
MedClean has had to take equity based financing in order to maintain the business as the sales cycle continues to remain too long. Hospitals continue to struggle financially and large capital investments are a difficult sell. Changes to the leasing law impacted the rental program and caused further delays in sales cycles management honestly believed they were in position to close. Management has a plan in place to transition to a service provider recurring revenue model and are in the early stages of implementing that plan. The valuation of the company via the stock price does not necessarily reflect the value of the company and management is keenly aware of dilution from these vehicles. As the largest owners of the company's stock, dilution hurts them the most. In this environment, securing growth capital for an early-stage, unprofitable company is nearly impossible. I am not aware of any prior statement that financings would not be dilutive, and even with my dozen years experience in this field, I don't know any other way this company could have financed its efforts.
Management is not living a lavish lifestyle. I have personally seen the offices they use, and they are modest, by design. They get no bonuses, basically have minimal benefits, have not received any new options, nor are they complaining about it. They continue to focus on delivering and know they will be rewarded once they do. If they do not, then they will have set our careers back 3 or 4 years during their prime earning years. I can assure you, Dave Laky and his small team lose sleep over it every day. They have a Company first mentality and the fact that the penny stock market is littered with less than honest people certainly has not helped the organization.
Again, I (and management) understand your frustration. Long-term shareholder value is created by building a sustainable, profitable, growing business. Management cannot be distracted by short-term movements, or the lack thereof. They must focus on building a business that can grow into something significant and produce consistent profits. That is a long-term proposition, and it requires a plan (which is in place), an opportunity (which management believes exists), and execution. In my career, I've seen similar situations take a long time and frustrate many shareholders, but ultimately turn into big successes. Sadly, I've seen others run out of capital and time, and ultimately fail. We at Hayden have worked with MedClean for one reason, and one reason alone: we believe in management. We know them from their successes at eResearchTechnologies and know them to be exceptionally honest, capable and focused professionals. Past achievement is no guarantee of future success, but I will continue to bet on the jockeys, as the analogy goes.
I doubt this will satisfy you. This is no scam. Nobody has lied. This is just a company working to achieve success in a challenging environment.
If you have any specific questions, to the extent I can legally answer, I will do my best to get you an answer.
Sincerely,
Jeff Stanlis
Partner
Hayden Investor Relations (HIR)
(602) 476-1821
(602) 688-4675 (mobile)
(480) 269-9066 (fax)
jeff@haydenir.com
I second that motion. If he announces today that would be fine with me.
Dreaming is allowed. I dream Laky secures some recuring financing and closes just two significant deals. That is all.
Might as well hold like the rest of us...nothing left to lose...and if we win, then we win big.
A few hundread bucks left!
Down big time like many others, and with only a few hundred bucks left, might as well go for broke!
A FEW HUNDRED BUCKS!!!! You're kidding right? seriously?
Let's run this baby looks like a nice bounce coming. I'm in.
When is the next PR?
Ok so what's the deal with this, it seems like it's a good system so why isn't it being bought up?
WOW!! Good luck!! I really mean that. hope good news is on the way!!
I wish it was a few 100 bucks, my first million $19,000.00 and then my next 11 million costs me $4400.00 so I have invested 23k that's why I am in for the long haul.
rose colored glasses.
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http://www.medcleantechnologies.com/
MedClean Technologies, Inc. is a provider of innovative technology and services for the onsite treatment and disposal of regulated medical waste. MedClean's flagship MedClean® Series systems are fully integrated, turnkey technology solutions that enable hospitals and other healthcare providers to safely, efficiently, and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities located in Bethel, Connecticut.
(Click on link below to view a must see video.)
http://www.youtube.com/watch?v=GTpuKnWo2QI
http://www.reuters.com/article/pressRelease/idUS119193+26-Mar-2009+PRN20090326
MedClean Technologies, Inc. Awarded MedAssets Supply Chain Systems Contract
Thu Mar 26, 2009 8:00am EDT
MedClean to Offer RMW Solutions to MedAssets' GPO Customer Hospitals
MedAssets (Nasdaq: MDAS) partners with healthcare providers to improve their
financial strength by implementing integrated spend management and revenue
cycle solutions that help control cost, improve margins and cash flow,
increase regulatory compliance, and optimize operational efficiency. MedAssets
serves more than 125 health systems, 3,300 hospitals and 30,000 non-acute care
healthcare providers.
http://finance.yahoo.com/q/pr?s=MDAS
(MedAssets Trades on the NASDAQ as MDAS at over $20.00+ per share.)
MedClean Technologies, Inc. Approved in New Jersey
http://www.reuters.com/article/pressRelease/idUS141127%2B12-May-2009%2BPRN20090512
Garden State Hospitals Can Now Enjoy MedClean Guaranteed Saving Program
Approval Follows Joint Authorization Process by NJ Department of Environmental
Protection and NJ Department of Health and Senior Services
http://www.state.nj.us/dep/dshw/rrtp/aamwdt.04.htm
Part 1
Part 2
Efficacy
MedClean Technologies sets the standard for efficacy testing and validation through an ongoing commitment that has resulted in the most extensive body of work in the industry. The MedClean System meets and exceeds the most demanding standards throughout all 50 states. Our work in this area has yielded a protocol that includes significant proprietary intellectual property and is the subject of a United States patent. All MedClean efficacy testing and protocol development is conducted using actual RMW from healthcare institutions to mirror real world operations.
MedClean Technologies is committed to ongoing research and development in this area and to close collaboration with industry experts to provide continuous enhancement of its Best Practices.
http://www.medcleantechnologies.com/process-overview
http://www.medcleantechnologies.com/container-and-mobile-solutions
http://www.medcleantechnologies.com/fixed-and-custom-solutions
System Components
http://www.medcleantechnologies.com/system-components
Medcleantechnologies, Inc. Partnerships: http://www.medcleantechnologies.com/partners style="font-size: medium;">
http://sterilizers360.com/sterilizers/aduramed-patent-application-becomes-medclean.html
Per Yahoo & SEC Filings:
http://knobias.10kwizard.com/filing.php?param=&ipage=6972085&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
http://finance.yahoo.com/q/ks?s=MCLN.OB
Outstanding Shares (OS) = 809,743,450 as of Dec 2010
Restricted Shares = 293.43
Float = 588.34M
Authorized Shares (AS) = 3.5B
Management Team
http://www.medcleantechnologies.com/management-team
Chairman of the Board of Directors
Mr. Bendis was appointed as Chairman of the Board of the Company effective March 31, 2011. Mr. Bendis has been President of Transfer Technology Consultants during the past 20 years specializing in transferring emerging life science product concepts from design to commercialization in both domestic and international markets. He was President and CEO of Clinical Analysis Corp., which has developed a hand-held diagnostic system for patient point-of-care testing. He was Managing Partner in the Crystal Corridor Group which worked with Kent State University's Liquid Crystal Institute in facilitating liquid crystal technology. He was Executive Vice President of American BioMedica Corp, which develops, manufacturers and markets immunoassay diagnostic test kits for the workplace, correctional and clinical markets. He was President and Co-founder of Emerging Technology Systems which is a research and development company consisting of engineers specializing in developing new medical devices. His prior management positions had been with XANAR Laser Corp, a division of Johnson & Johnson as the National Sales Manager and Sales and Marketing Manager for the IVAC Corp., a division of Eli Lilly and had sales and management experience with XEROX. He was also a member of the Edison BioTechnology Center Advisory Council for the State of Ohio and presently serves on the Board of Directors of several privately and publicly held companies.
David J. Laky
President and Chief Executive Officer
Mr. Laky was appointed to the positions of President and Chief Executive Officer of the Company effective November 9, 2009. Prior to such appointment Mr. Laky was the Company's Senior Vice President of Client Services and Technology since September 2008. Mr. Laky joined the Company from eResearch Technology, Inc. where from 2005 to 2008 he was General Manager & Vice President of eClinical Group. He served eRT as VP of Professional Services from 1999 to 2005.
Cheryl K. Sadowski
Chief Financial Officer
Ms. Sadowski was appointed to the positions of Chief Financial Officer of the Company effective August 4, 2009. Prior to such appointment Ms. Sadowski was the Company's Vice-President and Controller since October 2008. From February 1994 until October 2008 she held several positions at eResearchTechnology, Inc. in Bridgewater, New Jersey, including Vice President, Business Management and Senior Director, Business Management, where she was responsible for budgeting, forecasting, financial systems and analysis for the Professional Services, Project Management, Customer Care, Research & Development, IT and Cardiac Safety Divisions. She also handled the facilities management and administration for the Bridgewater office.
.
Senior Vice President of Sales/Business Development
Mr. Accardi was named Senior Vice President of Sales/Business Development in September, 2008. Prior, he was with Oracle Corporation/Siebel Systems, where he was responsible for a $40 million line of business and led sales efforts for the financial services and insurance markets in the southeast region and, earlier, served as Senior Director of Siebel's North American Reseller Network. Previously, he served as Vice President of Worldwide Sales for Rasterex, a global provider of software and services extending the value of Auto-Cad solutions. At Rasterex, Mr. Accardi drove $15 million in first year revenue and reversed an operating loss to a profit during the same period. Previously, he served in executive management capacities at systems integrator Gary Brown & Associates and applications provider Computron Software, Inc., Ross Systems and WANG Laboratories.
MCLN Contact Info
http://finance.yahoo.com/q/pr?s=MCLN.OB
MedClean Technologies, Inc
3 Trowbridge Drive
Bethel, CT 06801
Phone: 203-798-1080
Fax: 203-798-0147
Web Site: http://www.medcleantechnologies.com/
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