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yes it might go to .0088 your right about that. I think the pump is over.
Wow, pretty consistent with that .88 target.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68368247
.88 Near term target
http://stockcharts.com/def/servlet/SC.pnf?c=CYOE,P&listNum=
Please short the stock again. I'm having a great week...
Left a message for CEO to call me! I'm sure he won't; however if he does I will let you know!
I want to see him short it again LOL
oh oh it going up again !!!
ETRF is on the bid again! Let's see where this thing goes!
the only thing down is your Bull as not shorting this at all lmfao. did not wake up yesterday to stupid posts.
down,down,down
thank you,
lol and were is your broker overseas????? lmfao not buying that weeeee.
i will be screaming with joy while i cover at a penny lmao, i am so excited
Drop me a post when your screaming to cover! You should try an online broker!
ya i called my broker to short the crap out of this, i have never shorted a stcok before but man this looks rype.this could be sweet,,,
pump it up pump the easy ones lol
The market maker ETRF was on the bid at the time. This has always been the MM in Chicago where CYOE is located and every time I've watched that happen it's always been an inside buyer. You always see the Form 4 several days later. Will be interesting to see. There are a million resaon why an insider will sell a stock; however there is only one reason why they buy! IMO! Not sure if I'm right ..... I've been in this darn stock forever! Nice to see some activity!
What are you seeing? I'm not a subscriber.
It gapped up a bit fast this morn making it a bit hard to buy in. But it's been holding nice and showing the possibility of running again this afternoon.
yes imaginary news and pump brings in all kinds of sheep, thanks for the post.
With the product they have, it's a little hard to imagine it as being a P&D scam. lol
Very tight float, inside ownership, new sales, new board members/investors, overseas orders according to their last report. Feels like something big is brewing here!
Day isn't over yet. PPS is holding nice.
CYOE is being promoted today.
All stock promotion can be tracked using software called OTC View
Their website is here: https://www.otcdynamics.com
Good Job, Your near term target doubled today.
yes....but why???
CYOE is running today!
Today is our day! CYOE!
Blew past my midterm target!
Yes, according to their last financial report they have actually had some sales and generated enough revenue to offset their R&D. I believe the new Italian investors are breathing new life into this company and some real sales and revenue should be forthcoming.
Anything new here?
.04 is my nearterm target on this one! I believe we will see .18 in the next 4 to 6 months!
I think higher..
but cant buy thru my broker..bc of dtc chill...
Insider or not. Ya think this stk. will make $.02
INSIDER BUYING!!
Let's Go baby $$CYOE
CEO - Major purchase above market value. See form 4 http://ih.advfn.com/p.php?pid=nmona&article=52930384
Well, it seems the investors from Italy are for real then and they must be finally selling some product. They aquired a lot of shares and my guess is they are looking for a payday in the form a much, much higher prices from here.
AWESOME..thanks so much for the head's up.
What do you think is going to happen?
Conference in Milan! http://www.breastmilan.com/sponsor.htm Looks like things are underway!
Nice to see a little movement! Could see .02 - .04 fairly soon!
Looks like she is on the way up
I doubt this report will show much change. I do beleive the selling is over. All the trades were tiny less $100 trades in tiny even lots so it looks more like game playing to me. They aren't shaking me out of my shares!
Report will be submitted late..still hanging on...
downside done?
Sure does... 1st stop .03 - .05..imo
Level II gets super thin once you get past .025. We just need to get the MOMO train to pull out of the station!
CYOE looks really ready..waiting for some action
Have we given it enough time? LOL..... I was thinking the same thing though! Very positive things are going on so I'm waiting this one out!
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Executive Summary
MEDITE Cancer Diagnostics, Inc ® (MDIT)
MEDITE® Group is a medical technology company specializing in the development, engineering, manufacturing and marketing of premium medical devices and consumables for detection, risk assessment and diagnosis of cancer and related diseases. MEDITE is poised to become a disruptive force from rapid revenue and market share growth resulting from the introduction of major innovative products in the multibillion dollar global histology and cytology cancer detection marketplace. Depending upon the type of cancer, segments within the current target market of approximately $5.8 billion are growing at annual rates between 10 and 30%. MEDITE anticipates significant growth in revenue and earnings over the next years from several growth trajectories.
Cancer is a major threat for mankind and the recently published “World Cancer Report 2014” by the World Health Organization, states that the number of cases will increase by about 57% to 22 million cases in the next two decades. At the same time cancer deaths will rise from 8.2 million to 13 million per year.
MEDITE’s current and future products will assist in the early diagnoses of cancer with superior sensitivity for detecting precancerous and cancerous conditions and provide the basis for more efficient and cost effective treatment through superior specificity which eliminates unnecessary tests and treatment for benign conditions originally suspected as precancerous or cancerous. The net effect of utilizing MEDITE’s anatomic pathology (tissue based) and cytology (cell based) products will result in more lives saved at lower costs.
The first avenue of growth is the recent launch of new products and the development of highly innovative new products expected to launch in the next few years. The second represents several new initiatives including our joint venture with UNIC Medical of China along with recently executed distribution contracts in the US, Europe and China. The third is the eventual impact from the recent merger transaction with CytoCore (CYOE), a 14 year old venture stage American public company with significant new scientific advances in cervical and breast cancer biomarker and screening technology which are synergistic with MEDITE’s existing product lines.
First half revenue growth of 32% to a record $5.9 million and operating profit of nearly half a million over 4 times the amount of operating profit for the first six months of 2013 reflects the initial success of MEDITE’s strategy. Since historically 35 to 40% of annual sales occur during the fourth quarter, revenue and profitability for 2014 should accelerate during the latter part of 2014. In addition, the combination of the two companies has resulted in significant costs savings, including relocation of the headquarters to Orlando, Florida and relocation of CytoCore’s Chicago research lab.
Since the current management team purchased MEDITE 8 years ago, the company has been focused on the development of new products while maintaining profitability. With first time access to the public capital markets facilitated by the CytoCore merger, Medite along with its partner, UNIC of China expect to expedite the automation of Chinese anatomic pathology laboratory and cytology systems by completing development of MEDITE’s patented “Lab-In-One” automated system in tandem with the implementation of UNIC’s proven digitization technology for the imaging of tissue biopsy and cell samples. By utilizing MEDITE’s coveted German engineered current and future anatomic pathology and cytology products, UNIC expects to become the first and only company in China with the complete anatomic pathology lab solutions covering slide processing, digitizing and imaging, image analysis, tele-pathology, as well as lab management. UNIC is the founder of the China Association of Pathology Equipment which aims to standardize the lab processes and procedures in China including technician training and continuous education services. This process mandated in China because there are only 200 qualified pathologists for 1.4 billion people with 20,000 hospitals and about 500 new labs being opened every year could become a world standard as “more is done with less” through the results of uniform automation, and digitization utilizing MEDITE’s equipment and consumables such as stains and biomarkers.
Medite has recently received the first successful Chinese FDA registration on two microtome models and is expecting to receive registration on all other equipment within the next weeks.
MEDITE’s patented computer controlled LAB-IN-ONE-System provides a solution to address the increasing demand for anatomic pathology labs as discussed in the latest US laboratory industry journal “CAP TODAY” (August 2014 edition). The market is demanding the following: “more systems are needed to link processing and embedding with robotics …” or statements like “So I can’t take a cassette and put it on an instrument at the beginning and have it come out as a slide at the end” are typical for lab managers all over the world. MEDITE’s proprietary and patented Histo-Revolution concept is going even beyond these wishes: the complete process from the unprocessed tissue up to the stained and coverslipped slide is automated.
As a one stop supplier for anatomic pathology laboratories and its existing business as one of the most experienced supplier in the field of Liquid-Based-Cytology MEDITE’s product line covers the complete laboratory process from the tissue biopsy or the cells to the finished microscopic slide. MEDITE is currently distributing into 70+ countries with the US, China and Europe being its primary growth markets.
In the US market MEDITE recently executed several distribution contracts. General anatomic pathology product non-exclusive contracts with major multi-billion dollar health care product suppliers and direct contracts with three of the largest Hospital Group Purchasing Organizations: HealthTrust, Premier and Magnet. For the cytology product line MEDITE executed contracts with a major US anatomic pathology company. One of these products is already selling very successfully in accordance with an OEM agreement very successfully. All MEDITE products will eventually be sold in accordance with these agreements.
MEDITE is hopeful that sales of CytoCore’s biomarkers for Breast and Cervical Cancers will be launched in 2015 of which modest sales are projected for 2015 and 2016. CytoCore’s believes its proprietary biomarkers and imaging technology developed over the last few years could conceivably detect incidences of cancer currently not detected in today’s multibillion cancer market. These biomarkers could also reduce healthcare cost by eliminating unnecessary testing procedures involving false suspected incidences of cancer. CytoCore’s Breast Cancer “risk evaluation” process using its biomarkers addresses a need for Breast Cancer evaluation for women between the ages of 20 to 40 years old. Self-evaluation is the primary method for Breast Cancer detection for women in this age group. Worldwide, 12.5% or one in eight women are expected to get Breast Cancer during their lifetime.
MEDITE employs over 70 people between the recently relocated worldwide headquarters in Orlando, Florida and the German manufacturing and R&D facility. MEDITE is a well-known innovator in the industry based on the development of the first programmable Multistainer, first three piece Embedding Center and world’s fastest Glass-Coverslipper-Combination System. It is holding and has applied for several patents which it believes have the potential to have a major impact on the anatomic pathology and cytology industry. Chief Executive Officer Michaela Ott and Chief Operating Officer Michael Ott currently own approximately 74% of the combined company. Robert McCullough former CEO and CFO of CytoCore Inc. is Chief Financial Officer. Mr. McCullough recently converted a $3.2 million personal loan to Cytocore into CytoCore’s stock at $.02 per share. In addition, as a condition of the merger all of CytoCore’s employees including Drs. Jolley and Domanik converted the majority of their unpaid wages accrued during the prior four plus years into CytoCore stock at $.02 per share.
Contact:
Michaela Ott, Chief Executive Officer, email: michaela.ott@medite-group.com
Michael Ott, MBA, Chief Operating Officer, email: michael.ott@medite-group.com
Robert F. McCullough, Chief Financial Officer, email: rmccullough@medite-group.com
MEDITE Enterprise Inc., 4203 SW 34th Street, Orlando, FL 32811, USA
Phone +1 407 996 9630, Fax +1 407 996 9631
Company Website: http://medite-group.com/
Company 2015 Presentation: http://medite-group.com/wp-content/uploads/2015/05/MDIT-Company-Presentation-5-27-2015.pdf
Investor FAQ: http://medite-group.com/investors/faq/
Q? How many shares of MEDITE are outstanding?
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