Medical Care Technologies Inc (MDCE)

[MITIman007]

Just saw your message. I was speculating based on two observations in filings:

1. He issued himself 2.25b common shares shortly after taking over the shell.
This is separate from his control block of 1 series A preferred stock (equates to 3b)…if he gives that away, he loses control of MDCE so that will be with him for the long term.

2. He gave 170m shares to Cooley so he has 1.98b shares left.

That tells me he can freely give shares away to others.

This is why in my post, I stated I am keen on seeing what the next filing shows. This is because he gave 100m shares in the form of restricted shares for the Lebron jersey in Q1. If the next filings show he has 1.88b common shares left, that confirms my hypothesis.

Hope that helps answer your question.

[StockItOut]

Really man? A promoting/pumper type post bashing another? Charitable intentions?

[ANTI-BAGHOLDER]

Can’t flip with so little liquidity and a meh story.

So no…. I am just telling how it is and what the pumping has led too.

[MITIman007]

He has an agenda. He’s a MOMO trader. He is spooking people. Scared people are slowly selling. Probably has bids and will flip. If he’s not in this, he is losing a lot of time he could be spending trading other tickers. I doubt he has charitable intentions.

[ANTI-BAGHOLDER]

Another point. With all the ridiculous pumping and still no “massive news” the PPS will fall.

Pumping sets it up for failure each time.

[StockItOut]

You know, you're right.
$5 million dollars for 100 million shares. Not cash yet raised either. No guarantee the jersey will pull in minimum $5M

[easymonee]

This is more than just an auction house, he told everyone that yesterday. Stated we are moving away from just being an auction house. Also said most revenue is coming from large private sales.

In penny stocks 900 million OS and 380 million float is nothing. Most have multi billion.

[ANTI-BAGHOLDER]

Well, sure. Let’s see that. Cause 100 million for something he thinks will sell for $5 million in cash…

Meanwhile you have 900 million unrestricted shares already with almost 400 floating.

Where is the upside? How many auction houses are there in the market?

[easymonee]

Your making assumptions that he is going to continue to dilute big blocks. How about he takes the 5 million in cash and buys another asset for 660K and sells that for 5 million. You now have re-accuring revenue, and did not have to go to the market for financing. So many positives to this deal, and possible another.

All public companies use shares to grow their company, it's why they go public.

Shares for assets at a 10x multiplier is always a good thing.

[ANTI-BAGHOLDER]

Yes, but this is some awful terms.

Raising $5 million dollars for 100 million shares.

Again, there’s a reason the market doesn’t like the ticker.

The red flags I am stating is why.

[ANTI-BAGHOLDER]

For a 100 million shares? That’s some shitty return there.

1 asset, for $5 million?

The only person that benefits is the scum bag ceo.

[ANTI-BAGHOLDER]

Ok. Let’s try this. Say he buys 10 assets.

Each asset for 100 million shares.

That’s 500 million shares for $25 million in cash. Using this example…


And it’s not recurring revenue….

[ANTI-BAGHOLDER]

And one asset with no recurring revenue…

A 1 time payment of $5 million for something that in theory could hurt the stock?

How else does this person recoup their money?

[StockItOut]

Using shares as currency is why companies go public.

[Diamondhands45]

So revenue is only good if it’s recurring?

Doesn’t count if it’s one time.

So if I sell real estate and bank profits it doesn’t count because I can’t sell
It again??

Lmao

[easymonee]

Your not looking at the value in return for the shares. You also are not talking about the 5 million the company has in cash to build with.

10x increase in actual value of company is always good.

You seem to think a 100 million shares is to much. I will trust the CEO to run the company and do what is best for the long term value

[Diamondhands45]

Well let me know if you know of anyone else willing to part with 5 million dollars in assets for $650,000 and I will take it off their hands.

And it’s 8 million dollars which means he expects as knows this will go past .05

Hext

[Diamondhands45]

So he should use toxic debt instead?

LMAO

[StockItOut]

We're hoping Marshall soon conveys the current business model. But your response is not unwarranted. We don't know the deal except the 100M shares are restricted. If as MIT suggests that the 2B shares that were first announced to be converted into Preferreds is now going to be used to trade for merchandise instead of financing (get it?) then who are each the new owners of large blocks of shares as sizable percentage of the company? Is Marshall sharing to let us shareholders know? What then about the conversion to Preferreds to help the share structure?

"I believe in Marshall wholeheartedly" crap comes from pumper types. $0.25 a projection? At 3.2B shares? Really? No. Faker projections.

[ANTI-BAGHOLDER]

It’s a one time sale. It’s not recurring revenue.

I am not sure how else to explain this in dummy terms.

100 million shares is way to much. If he does that every time a paper asset is point share holders would be diluted to nothing.

[ANTI-BAGHOLDER]

Meanwhile, zero volume…. Maybe listen to what I am saying as the market is speaking…

[easymonee]

Anytime you can turn 660K in stock value into a 5 million $ asset (future cash) you do it simple economics, Looking forward to the next stock for cash deal, what a way to grow cash. Almost a 10x multiplier, and traders don't see the benefit. LOL

[ANTI-BAGHOLDER]

What’s 100 million shares at .06 or .15?

It’s a deterrent. Using shares as currency?

[ANTI-BAGHOLDER]

Stop. Not lies. The float has continue to go up. We talked about this already.

I used to have this shell on my “tiny float list” it was under 100 million.

Now it’s 4 times that.

[Diamondhands45]

The float is 382 and OS has never changed,

Just all lies

[Diamondhands45]

Most ceos would dilute at a fraction of present value and destroy shareholders yet he uses his own shares and gets 5 million in assets for $650,000 present value.

Like bro this is easy math

[Diamondhands45]

CEOs transfer shares all the time

Like just look it up.

He doesn’t have to deposit a cert and yes I know exactly how it’s done.

Hence why so many here havent hit the float. They lack the legal and appropriate paper trail to do so.

Next question

[StockItOut]

He didn't print shares. Company same size, not larger.

[ANTI-BAGHOLDER]

The jersey can bring in $5 million in cash and it still doesn’t make sense on a long term strategy.

The current business model blows.

[StockItOut]

How do you know they were his own shares and not the company's shares? You don't and you made it up is what seems apparent.

I have zero issue about whether Marshall can or cannot "do that," of course he can! You suggesting this my issue (whether he can or cannot) is you again making up crap from nothing and assigning it to someone else as if that other person said it. Bully moves as evasive to you answering your own claim that apparently you cannot because apparently you made it up.

[ANTI-BAGHOLDER]

Because it doesn’t work logistically. Have you ever transferred shares? Ever cleared a cert through Alpine?

[ANTI-BAGHOLDER]

It shows he has zero clue how to run a public company.

3 years of literally nothing but turning a tiny floater into a bigger one

[ANTI-BAGHOLDER]

No chit! My point is, it makes zero sense for him to transfer his control block to pay for assets.

Using shares as currency?

[StockItOut]

3.2 billion shares is a heck of a lot more. But you're right, over 3% of the company is a lot. We don't yet know the terms, yet to me does seem like a strong move for a tiny little company upon which to grow. Let's see what the jersey brings in cash upon its sale.

[Diamondhands45]

Man are you ever right?

They are his control block for buying the shell. They were always in existence.

They were transferred to him

[Diamondhands45]

You mean the only point is to destroy or dilute shareholders?

lol.

Then why has he spent so much money already without doing it?

He has proved how he operates

[Diamondhands45]

They were never preferred. LMAO.

And yes they are his to do with them as he pleases.

Tell me how you know he can’t or didn’t do that

[ANTI-BAGHOLDER]

They can’t be from his own stash. It’s not how it works.

He converted the preferred into common.

[ANTI-BAGHOLDER]

100 million shares is a crap ton of stock.

[StockItOut]

Changed the subject now? Seems you don't know your own claim that the 100M were Marshall's "own stash" or not?

[ANTI-BAGHOLDER]

Issued to whom?

[easymonee]

Yep no change in Share Structure in 2 years. Now we have the CEO telling everyone that he is going to change SS to benefit the SH.

[StockItOut]

Yeah it is, the shares are already issued.

[ANTI-BAGHOLDER]

They will have too. What is the point of being a public company then?

[Diamondhands45]

Tell me the difference with regards to how it benefits MDCE.

$650,000 for assets 5 million dollars.

[Diamondhands45]

They have never issued shares bro.

[StockItOut]

Are they the same?

[Diamondhands45]

Aren’t they the same?

[StockItOut]

RE: "I trust Marshall completely," Do you know Marshall personally?

[ANTI-BAGHOLDER]

They can just issue shares. It’s not simple to just transfer shares to another person.

It doesn’t work like that