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The latest PR said it was restricted shares. Marshall is the only one with enough restricted shares to do the deal.
2.2 billion If I remember correctly.
His shares or Medical Care Technologies' shares?
100 million shares for 1 item? That’s a ton of stock that will be cleared for trading at some point.
Using 100’s of million of shares as currency is counter productive.
Yah I would never pay $650,000 for something worth 5 million dollars.
LMAO
I trust Marshall completely
He just used 100,000,000 shares to gain millions in assets. Maybe before he does what you want with his shares he will do what’s best for MDCE long term.
He couldn’t have done that if he had converted them all.
His agenda is what’s best for MDCE
Not anyone else’s on this board
I don't see why it's a bad thing. Seems a strong business deal to me.
Speaking for others is not preferable as a source of MDCE information.
It’s fluff. Literally fluff.
100 million shares is also a hell of a lot of stock. Especially if you are expecting .10+ PPS.
How much more stock does he have to give out for items to sell.
It ain’t a good thing.
Regarding, "Marshall is working to build, evolve, and expand the scope of his company. Still things being worked on without nothing concrete for tomorrow or next week. Guess he will PR when he is ready."
It has been a year and a half since Marshall first conveyed changing the share structure, as I have just posted that seems to trigger the latest responses: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174208851
Funny how people said no communication was the problem. No we have people involved bringing eyes to MDCE. Marshal is doing interviews about what’s coming. If he provided too much info they would say he is being pumpy and that’s not legit.
But it not enough information for them to
Flip the momo. They bash it
MIT, how do you/we know the 100m shares is Marshall's "own stash," because anesthesia previously alluded so?
Starting to feel like certain people sold their MDCE and trying to sell out Marshall to get them back cheaper
Isn’t it?
MDCE until it’s done
It’s amazing either way for MDCE. given you paid $650,000 for something worth 5 million dollars but where else would they come from?
Not sure I get the bashing if someone is actually a long.
Maybe pick up the phone and call him.
He is great to talk to.
MDCE rocks
Wow! You lay it on thick. Always end divisively. Yuk!
Come on man. You have been holding a bag for 3 years, and it’s pretty obvious you’re gonna be holding it a long time.
Yesterday was as fluffy as it comes. How many auction houses are there already?
Yah he is not only a great person he will now be a great CEO. He is a rare find in pennies spending 6 figures out of his pockets with no dilution.
Shame people can’t see past their own personal vendettas to be supportive of such a good human trying to do the right thing by shareholders.
And he will. Just not fast enough for the flippers
Tell me something I don’t already know.
Just a fantastic post.
Re-read that PR. You are absolutely correct. The acquisition of the jersey was completed through the exchange of 100,000,000 shares of RESTRICTED common stock…
Wow, MITI. What a post. My thoughts also.
Also the shares that were issued for the jersey are restricted, per the PR.
Yep, how many coming new shareholders know about what us longs know.
They all just heard the CEO say he is going to do it. Now he just has to.
GLTAL
“You know what…you see a lot of different things in the OTC markets. This isn’t a smash and grab type of situation. This is my life’s work…this is my life’s passion. It’s not like I’m gonna do a deal and ride off into the sunset, you know, and just leave the stock. That’s not gonna happen. Anything we do moving forward will be in the best interest of the company and the investors collectively. We want to build something that will be here for time to come. It’s not that we just want to build something that will last a year. I’m here to build something that’s gonna last.”
-MP
RE: share structure - “I’ve had people question this to me about this to me before…we are gonna do some things to make the share structure more attractive.”
So Marshall has the 1 Series A preferred share which basically gives him majority voting rights and has a conversion rate of 1 preferred to 3b common shares. Likely nothing happens to this.
So now he has about 2b common shares which are supposed to be converted to preferred. Initially my understanding was that this could be done in one big transaction. But I think he is using these shares to give them out to partners (new “insiders”). The next quarterly filing should be revealing considering that he spent 100m shares (5% of his stash) to acquire the Lebron jersey. Maybe the person who gave him the jersey for those 100m shares have those in the form of restricted. Who knows. I wonder if he is using this bank of shares for other partnerships/acquisitions…
Marshall is working to build, evolve, and expand the scope of his company. Still things being worked on without nothing concrete for tomorrow or next week. Guess he will PR when he is ready.
It is more clear to me that he cares not about MOMO trading of his company ticker. He’s being careful not to overstate things and say too much which he cannot say at the current time. Regardless, he clearly comes across as passionate about his industry, someone who is well connected, and has a chance of pulling off some cool things if even a fraction of his goals are accomplished.
At the end of the day, I’m happy with the free riding shares I have and Marshall is the real deal IMO. This isn’t your typical OTC “scam” ticker where the company shifts direction or sells bullshit. As others have mentioned, you invest in the CEO. I think we have a real shot at something potentially special here with this company.
That's the 2B share conversion into Preferred to remove them from MDCE common shares. This already known for a long time now. A year and a half ago already. How about Marshall get to it already. 2B into Preferreds, unless Marshall completely eradicates these shares, but that seems less likely as he'd eviscerate his own ownership. And if current decision or direction has changed, then better to appropriately update to inform shareholders.
X aka Twitter:
https://twitter.com/bidsellconsign
Infinite Auctions ($MDCE)
@bidsellconsign
·
Dec 16, 2022
Post acquisition of Infinite Auctions LLC all $MDCE insiders have sold zero shares and have done zero shorting of $MDCE. All insiders will convert all of their shares to preferred stock. Shareholder value matters. Please wait for our public filings in order to see our progress!
Infinite Auctions ($MDCE)
@bidsellconsign
·
Nov 9, 2022
$MDCE Share Holders. The OS has changed and reflects the additional 2.25 billion restricted shares that Medical Care Technologies used to acquire Infinite Auctions as an asset. These shares are NOT free trading. All insiders plan to convert the restricted shares to preferred.
New interview from MDCE, CEO mentioned many things coming.
One specific comment he had was on the Share structure. He is going to improve it, no details
https://twitter.com/JRC_Stocks
It was pretty much crap to be honest. Bagholders still gonna be stuck holding their bags.
But maybe “massive news next week”?
Crickets here. All the build-up to the interview, and same as it's been for a couple years going, "we can't say anything, but cool things are coming." Great. Looking forward.
Thought you all would like to hear what AI (GROK) thinks of Marshall and MDCE....enjoy
Marshall Perkins, the CEO of Infinite Auctions, now operates as a subsidiary of Medical Care Technologies, Inc. (MDCE). He is known for his pioneering efforts in the photo-matching authentication process, which has become a standard in authenticating high-end sports memorabilia. Perkins has been at the forefront of the auction industry, particularly in the niche of game-worn sports memorabilia. His company, Infinite Auctions, specializes in auctioning items like jerseys, helmets, and bats used by athletes in professional sporting events.
Under Perkins' leadership, MDCE has been focusing on generating long-term shareholder value by operating with predictable revenues and a calculated growth plan. They aim to capitalize on the fast-growing memorabilia and collectibles market by consolidating companies in the collectibles space and acquiring high value collectible assets. Perkins and his team are committed to continuous improvement and have announced ambitious plans for 2024, including new marketing strategies, partnerships, and operational enhancements.
As of the information available, Perkins' tenure and the company's strategic direction reflect a strong commitment to innovation and growth in the auction and memorabilia industry.
Building a multi faceted business has been discussed however from the company yet to be shown it's happening. Not to negate that the sports memorabilia business is impressive. Let's see more tomorrow. I like Marshall, and think he's a stand-up guy.
As for DD, I have reached out directly. Responses have been appreciated.
Other DD, doing that right here on this board. The board popular with claims not quite announced or delivered by the company.
You are very observant. Look forward to sharing DD with you in the future.
I am really looking forward to Marshall updating the shareholders as a group. Amazing how many of us insiders there are on this board. LMAO.
GLTAL
Did you find out how much the promo costs and who paid for it?
Very much looking forward to his interview to see what’s cooking much less bringing way more eyes to MDCE
“Massive News next week”
Can’t forget our weekly reminder. ;)
yup, looking forward
All DD is good, it helps in the decision process. That's what makes a market. Looking forward to the spaces interview, it may get you caught on the direction the company is going....or maybe not.
GLTAL
You seem to be suggesting that I don't think a multi faceted business is a good idea, but that sounds like an agenda to place what I have not stated or not considered as anything reasonable. Very grade school, indeed.
Let's hear it and then let's see it from the company. Extrapolating as an ongoing pump is without sufficient basis.
Except slanted common sense with demand to adhere to this slant is what is reasonably objectionable.
$0.25 with 3.2B shares... really? Sure.
.
I see, thanks, you mean other unique auction items.
I've been waiting. I have given less attention and have been waiting, and currently catching up some. Marshall has announced things in the past, yet then he and the company provide little or no follow-up, so your claim to me in fact seems still unknown.
Things that he and the company via news have been excited about get dropped, right? I was excited about and to hear more about the company's direction with sports and all kinds of NFTs, and a wonderful new platform to be utilized, yet that was dropped and without any public notification to shareholders. Geez, it was only just a flash in the pan excitement of touted new additional direction for the company, now dead in the water because the market for NFT changed? No sense of long term commitment? They why's you go that route to begin with, as it can only have decades long viability if worthy.
Hence also why I inquire if you currently knowing about things means you are an insider or have some perspective and understanding as a shareholder more connected.
"Licensing right's with NFL teams, one team will be worth multi millions." I'd prefer to hear it from the company, which has not occurred, as I can determine.
If DD is twitter, I find that annoying as hell, and kind of cheap to announce bigger company developments via twitter, but it's the 'cool' thing to do. I prefer more standard professional forms of company announcement.
.
MITI, that's exactly why I held. There was no reason to go public and spend the money unless he was going to dump shares as (90%) of OTC's do. Or build a much bigger company....multifacet..... it's now clear what he is planning, and many will be hearing tomorrow. All about the company now, and the growth rate.
GLTAL
Message in reply to:
Probably why he got the MDCE shell to begin with. His auction business has been established for a decade and he seemed to be doing fine before acquiring the shell. So there has got to be more to this.
Exactly. Sometimes things are just common sense.
MDCE
Probably why he got the MDCE shell to begin with. His auction business has been established for a decade and he seemed to be doing fine before acquiring the shell. So there has got to be more to this.
Stock, multifaceted business= ALL High end memmorbilia auctions, not just sports, HIS Photo matching technology(RGU) with licensing right's, Licensing right's with NFL teams, one team will be worth multi millions.
The company has been giving us this information for at least the last year, maybe longer. All public information. You have got to pick up your DD skills.
I am also hearing Marshall may have some additional growth items to add to his multifaceted business model. Longs will get to see it all, we have paid our dues.
GLTAL
Yah why would anyone building a brand want to make a multifaceted business?
Thats like grade school economics
And you know this how? Another insider on ihub?
"he is building a multifaceted business"
It's still in play, maybe we get some details of timelines or costs to actual get the license.
It will be nice for investors to all hear what he is building. Most believe it is just a small online auction house. They are going to be so surprised when he reveals that he is building a multifaceted business, in a high growth sector.
Gee isn't that what the big boys look for.
GLTAL.
ok, thank you. i wonder if still in play if no longer stated on website. Marshall may discuss tomorrow.
So true Juan, how often have we seen it? LOL.
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