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Hello JC, Are you guys planning to prepare to file for current status before the sep 28 deadline. I understand your waiting for clarity with the SEC according to your previous post.
If this clarity has not been made by sep 28. do you still have a chance to file after?
Babubd - What makes this stock grossly undervalued, a load and hold, no brainer?
From a fundamental standpoint - there is no business - the company is technically bankrupt.
From a technical standpoint - there are nearly 2 BILLION shares looking to be sold.
Help me understand your rationale?
Ha! Why would anyone listen to me?
We haven’t been able to complete our discussions with the SEC, so we are going to hold off on putting out the shareholder update.
I will update everyone as soon as we have some clarity.
That being said, I maintain that there is no reason to buy this stock. Any shares you are buying is being distributed by TOXIC LENDERS who are holding nearly 2 BILLION shares that they want to sell.
They may buy a few shares to move it higher to entice you to buy, but they will be selling to you (they are net sellers).
3M buy took out the .0014s - .0015s up only 5M left - thin to .0020+/.0030+ - PR soon on future new business + name change + ticker change per CEO
CEO should be bringing this comapny current before the dealdine
Mr Johnathan cross has a background in Mergers
seasoned investor with over 33 years of experience in principal investing, domestic and cross boarder M&A and corporate restructuring.
https://www.otcmarkets.com/filing/html?id=15110142&guid=Y8pkk60g_CN4fth
$MFST New CEo appointed. Mr. Johnathan Cross
CEO says he doesn't recommend buying here and people are buying anyway
Alert ! .0013s gone on 13M buy at .0013 - .0014s gone on 5M buy - .0015s up only 5M left - thin to .0020+ and indeed .01.
Developments ahead with new CEO + new business plan.
Warming up for a Major BREAK-Out due at any moment! MFST is grossly undervalued, a load and hold, no brainer.
https://ih.advfn.com/stock-market/USOTC/medifirst-solutions-pk-MFST/stock-news/85667357/current-report-filing-8-k
https://ca.finance.yahoo.com/news/medifirst-solutions-engages-shefford-capital-130000507.html
That is all I ask - root for me.
I am still expecting to issue a shareholder update this week. I can be reached at jcross@sheffordcapitalpartners.com (hopefully, its okay with ihub that I post this).
Look, I am going to provide complete transparency - notice that my "alias" isn't an alias.
Please prove me wrong. I am rooting for you. Can shareholders get a hold of you? I thought a PR was supposed to be released this week?
Actually, zhj8485, I do care; and if I was one to take the easy way out, I wouldn't have taken on this project.
My job is to create value and I am going to do everything I can to do that.
I intend to show you something here that you have never seen before.
Keep a close eye on the moves that are made.
ToucanYoucan, I understand exactly what you are saying here.
I have been telling everyone on this board that things are going to probably get worse here before they get better - in essence: DO NOT BUY THIS STOCK.
Have you ever heard the CEO of a "Penny" tell you that?
The Rules Have Changed! Not just for MFST, but for all Pennies.
The days of the management of these Pennies using their companies as their personal piggy bank are over - watch.
That is my point!! This new CEO doesn't care. He will probably end up taking the easy way out. R/S us and wipe us all out
Good luck
MFST - Extremely naive to believe any of these Pennies care about their "stockholders".
A reverse split is NOT needed. Increase the authorized shares! Get a business plan going and execute it's that simple this is crazy
Simple solution to the issue with toxic debt.
Increase the authorized shares to 5 billion, that will avoid the R/S. Instead of wiping out the shareholders, do that. Execute on the new business plan and provide shareholder value it's not that hard
Are you going to do a R/S????
mdimport, we have a Shareholder Update coming out this week that will give you a clear picture of where we are taking things; of course, we want to put the company's past behind it, therefore, in a complete transformation, a name change, ticker change and corporate direction are all highly likely.
Does a "complete transformation" include a name change, ticker change, and change in corporate business direction?
Everyone, keep in mind that I have inherited, and you own shares in, or are trading shares in, a company that is going to go through a complete transformation.
As I have said before, things will probably get worse before it gets better. We will be focused on the company, restructuring it, much more than the stock price.
Also, keep in mind, if you are considering going long, that there are 2 BILLION share owned by TOXIC “SELLERS.” Downward pressure is there at all times.
Very interesting
Slapping asks because BIG Things are Brewing Behind the Scenes!! MFST Board has appointed Mr. Jonathan Cross as Interim Chief Executive Officer and the sole member of the Board, effective immediately (the “CEO Appointment”).
Mr. Cross is a Managing Director at Shefford Capital Partners, LLC, a New York based Private Equity firm, and is a seasoned investor with over 33 years of experience in principal investing, domestic and cross boarder M&A and corporate restructuring! Just beautiful!!
https://ih.advfn.com/stock-market/USOTC/medifirst-solutions-pk-MFST/stock-news/85667357/current-report-filing-8-k
Alert ! Running .0018 hod already from .0009 available earlier.
New CEO appointed - Form 8-K filed July 26, 2021.
https://www.otcmarkets.com/filing/html?id=15110142&guid=UBWkkqQTZeFCWth
Thank you and keep up the transparency…. Well appreciated !!!
Thanks Elwood1964 - there is a lot of work to do here, and hopefully I can get done what needs to be done to right the ship and bring in someone as full time CEO.
One thing you will always get from me is full transparence - notice that my "alias" is not an alias.
Best of luck with all of your investments.
Congrats Mr. Cross !!!
Yes, 2 Billion shares were issued in the last 16 months to TOXIC lenders.
Understandable.The company needs a radical transformation and that takes time. Take a look in a few months, I believe you will be very impressed.
Because there's also 2 bill in convertible debt
This can't be good no matter which way you look at it. Reverse splits, toxic debt, and a weak industry. I'm out.
News is going to be delayed until early next week. I want everyone to understand that there is a lot of work to be done here and as I said before, things are likely to get worse before they get better.
The shareholders update will reveal everything.
Why is there talks about a RS? There’s only 2 Bil o/s…
Are we still on track for news this week?
If you haven't sold by now I suggest you do ASAP before the inevitable reverse split
For sure $MFST needs a reverse split, but the size of the reverse split is unknown, as is capital raise requirements, what developments have taken place recently, etc.
Wouldn't be excited about it. More than likely it's for an RS. Unfortunately it's needed here
Thanks for the heads up that there's imminent news.
Expect to see some news later this week.
Well I'd expect to see an RS announced soon. This has a lot to dilute. I'll be a buyer after the RS settles
Thanks. Best of luck to you too.
Thanks.
I know what I would do, but I am curious to see what you do.
Best of luck
Watch daily for filings to start to get OTC Current - looks like a bounce off the .0014 bid here - .0016 back up - thin all the way back to .0025 - already "blue sky" above .0021.
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