Maybe the strippers gave Larry business advise…..
I gave these guys a great M & A 3 years ago and they were too arrogant to do a deal. I will never forget just how insanely cocky they were.
That private company is doing gangbusters and this is on the grey sheets.
Great job Larry Diamond. Go visit another strip club!
Talked to a securities atty today about this, they took away yield and stop signs and implemented this new approach recently
No only if it didn’t have solicited quotes I thought it had that
Actually under the new rules it does
thats limited then one Q late will not take you to expert
The Q for 3/31 is late, 2weeks away, that was the trigger
Maybe he can help out Larry. This has been a colossal failure…
Something is up and chart looking to test $2.75 and set new high in the coming sessions
That’s what guys that convert shares do.
Someone keeps selling it down with no regards for price
Looks like .40 coming.
It will be back at .40 or 20$ soon enough
Should I count the 4th? Or start counting from the 5th?
I don’t disagree with you there
Yep, I was just teasing
The great promises that “tomorrow it will be announced…”
At least MITI discloses everything
And there you go with mistake #2. That’s a scam too
That’s all I could afford after buying GCEI all year!
All $8k worth. Big spender…
And again, you’re most likely wrong. I believe you called for $2 PRESPLIT…. That would be what post split? $100 a share lol
I’m thinking $4-10 in 10 days
Presplit .25 is $12.50…. We can barely hold $1. I think your blind pumping…. You have obviously been wrong about everything.
It was filed in December and states it’s only there if needed for the uplist, and it’s good for 3 years! It’s “on the shelf” and I think the stock will be well past $4 and not needed
If this is only a trade, then bad idea
It’s an investment in building a large scale clinic business - never intended to be a day trade
Agree!!! Total scammer! Probably why he was charged before. I love all the usernames and it’s just the same guy! Sick
I wouldn’t doubt it. SEC needs to look into their accounts…
I know probably shorted it on the way down, I heard that is the game. Pump it up and short it down.
I’m sure Rick Smyth is happy…
They have trashed all shareholder, they don’t care. Lawsuits and dilution are next. Glad I sold this crap! I feel bad how we all were tricked by this management sad.
Laptop last video was totally on point.
Another 14C filed. The D hasn’t even fallen off from the last RS! Amazing how this has basically wiped out shareholders.
Looks pretty down to me. It’s like -90% for the 52w period.
I still know of people that are ready to sell at any moment upward. This is in death spiral.
Who are you preaching to lol almost everyone sold. Just a handful left and we are buying
A recently closed acquisition for Mitesco is MyCare, LLC. As pointed out by Roland Rick Perry, Managing Editor of the Biotech Stock Review, MyCare, LLC is led by the team that brought QuickMedix/Minute Clinic to scale. QuickMedix/Minute Clinic was acquired for an estimated $170 million by CVS in 2006.
CEO Larry Diamond then touched on the details of its General Solicitation Offering Under Regulation D 506(c) of the Securities Act solely to accredited investors. Learn all the details of that offing here.
Diamond stated, “As our organization has been progressing, we created a strategy to use the public market to raise capital and bring efficiencies within our holding company that for many companies are not typically available. We have the ability to provide our acquisition targets with core services such as accounting and tax guidance, digital marketing expertise, and the like. Many smaller organizations struggle under the burden of trying to get the best services possible and run their day to day operations. Using the capital markets, we are raising money to be able to acquire these companies and to provide the growth capital necessary to scale these businesses at an accelerated rate.”
Diamond went on to discuss the direction of Mitesco going forward and how the Company will follow a similar path as MTBC, Inc.Mitesco Update:
Company Announces Details of its General Solicitation Offering Under Regulation D 506(c) of the Securities Act Solely to Accredited Investors and Institutional Investors
DENVER, CO, April 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ? Mitesco, Inc. (MITI) (the “Company” or “Mitesco”) announced today the details of its general solicitation private placement offering (“Offering”) solely to accredited investors under Rule 506(c) of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended (“Securities Act”).
The Company has engaged CIM Securities, LLC ("CIM") as the exclusive lead placement agent. CIM invites all interested broker-dealers and accredited investors interested in participating in the Offering, to contact Mr. Jack Myers at CIM Securities via email at: JMyers@cimsecurities.com or by phone at: 619-749-2460.
“The Company has several initiatives which will benefit from this funding, including the roll-out of the MyCare clinic network. The team is moving forward, and while the effort will begin in Minneapolis, 23 states are encouraging nurse practitioners to practice to the full scope of their skills and training. Those states would be primary targets for clinics in both urban and rural locations. We are including the implementation of telehealth as a part of the practice. We believe telehealth will enhance the providers’ ability to focus on consumer needs wherever and whenever they arise,” shared Larry Diamond, the CEO of the Company.
“There are technology-oriented acquisitions, both domestically and in Europe, that can be accelerated with this level of funding. It is an excellent time to be acquiring proven solutions that reduce cost, improve quality, and enhance convenience for the consumer,” explained Julie R. Smith, President & COO.
The Best Efforts Offering, which will have maximum gross proceeds of up to $15 million in Units, consists of Series A Preferred stock and Warrants for the purchase of common stock:
Additional details are included in the Company's Private Placement Memorandum which is available to any accredited investor by contacting CIM Securities, LLC.
This advertisement does not constitute an offer to sell nor a solicitation of an offer to purchase any securities in any jurisdiction in which such an offer or solicitation is not authorized and does not constitute an offer within any jurisdiction to any person to whom such offer would be unlawful.
Under Rule 506(c), general solicitation of offerings is permitted, however, purchasers in a Rule 506(c) offering must be "accredited investors." The SEC defines the term "accredited investor" in Rule 501(a). Generally, individuals are considered accredited investors if they have a net worth greater than $1 million (excluding their primary residence) or incomes above $200,000 in the last two years with the expectation of the same in the current year (or $300,000 with a spouse).
Our Operations and Subsidiaries: My Care, LLC, and Acelerar Healthcare Holdings, LTD.
MyCare, LLC is a wholly-owned subsidiary of Mitesco N.A. LLC, the holding company for North American operations. MyCare is building out a network of clinics using the latest telehealth technology with the nurse practitioner operating as its primary healthcare provider. It will begin in Minneapolis and expand nationwide. There are 23 states today that facilitate nurse practitioners practicing to the full scope of their skills and training. The executive team at MyCare includes several of the key executives who brought Minute Clinic (previously known as Quickmedix) to scale, which was acquired by CVS for $170 million in 2006.
Acelerar Healthcare Holdings, LTD. is the Company’s wholly-owned, Dublin, Ireland based entity for its European operations. There are several targets in Europe under evaluation and management believes cross border expansion for these new, proven healthcare technology solutions may prove a profitable opportunity.
About CIM Securities, LLC
CIM Securities (www.cimsecurities.com) is an independent investment bank that serves micro-cap and small-cap companies by providing capital raising solutions and also merger and acquisition services for companies seeking growth capital or services. CIM Securities also caters to individual investors providing comprehensive brokerage and money management solutions. CIM Securities provides institutional investors and individual investors periodic opportunities to participate in public offerings and private placements of public or private companies.
|03/03/2020 08:00 AM EST||GlobeNewswire||True Nature Holding, Inc. DBA Mitesco, Inc. Announces New Nurse Practitioner Based Business Unit, Senior Team Comes With Acquisition|
|01/06/2020 08:00 AM EST||GlobeNewswire||True Nature Holding, Inc. DBA Mitesco, Inc. Adds Distinguished Healthcare Executive to Board of Directors|
|12/23/2019 08:00 AM EST||GlobeNewswire||Ms. Julie R. Smith, the President, COO and Board Member for True Nature Holding, Inc., Provides Detailed Overview of 2019 Milestones and Outlook for 2020 in a New Interview at SmallCapVoice.com|
True Nature Holding. Inc.
7535 East Hampden Avenue
Denver, CO 80231
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed
and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered
for information purposes only. No stock exchange has approved or disapproved of the information
Over Last 12 Months:
-Added Mr. Tom Brodmerkel to Board of Directors. Mr. Brodmerkel has extensive experience in healthcare technologies as the CEO of Wave Health Technologies.
-Complete name change from True Nature Holdings, Inc. (TNTY) to Mitesco, Inc. (MITI).
-Complete acquisition of “The Good ClinicTH”. Key leadership includes Mr. Michael Howe (CEO), Dr. Rebecca Hafner-Fogarty (CMO), Dr. Kevin Lee Smith (Chief Nurse Practitioner), and Dr. Jim “Woody” Woodburn (President & COO). These were key management for the acquisition of Minute Clinic, which were acquired by CVS in 2006.
-Established a relationship with CIM Securities, LLC as its advisor for investment banking related transactions.
-Initiated a $15 million in units for Series A Preferred stock and Warrants for the purchase of common stock. The unit will be priced at $25.00 per share, which pays 10% annual dividend paid monthly and is redeemable after three years. This is not convertible into common stock. Additionally, for each $25,000 of Series A Preferred stock purchased, the investor will receive 2,500 three (3) year investor warrants for the purchase of common stock, half (1,250) of which are exercisable at $0.15 per share, and half (1,250) of which are exercisable at $0.30 per share as warrants. -
-SmallCapVoice.com featured Larry Smith to discuss Mitesco’s business model and vision. The interview can be heard at: https://www.smallcapvoice.com/interview-mitesco-miti/.
-Added Dr. H. Faraz Naqvi to the Board of Directors. Dr. Naqvi is a senior executive with over 25 years’ experience in healthcare investment banking and asset management, is also a licensed medical professional with in-practice experience, and with telemedicine.
-Added Mr. Juan Carlos Iturregui, Esq. to the Board of Directors. Mr. Iturregui has over 28 years’ experience in business law, including extensive international work in the Caribbean, Latin America, and Europe. His professional background includes both domestic and international transactional healthcare-related activities. Also, his professionalism and knowledge led to governmental appointments to President George W. Bush and President Barack Obama’s administration.
-Mitesco, Inc. establishes a working relationship with NordHaus to place “The Good ClinicTH” in newly developed apartment complexes. NordHaus was developed and is owned by Lennar Corporation, an NYSE listed builder and developer of note. Lennar currently owns 52 similar apartment complexes in the US and is expanding annually.
-“The Good Clinic” signed two (2) letters of intent proving for the expansion to the Denver, Colorado marketplace. The new sites are inside two new multifamily developments, one known as “Citizen West” and the other known as “Radiant”. Both projects are developed by Lennar Multifamily Corporation, a subsidiary of Lennar Corporation. Both locations are set to open in 2021.
-Filed all public statements to maintain OTCQB status.
-Our current plans are for up to 50 clinics nationwide developed over the next three (3) years, assuming sufficient funding is available, for a total anticipated financing of up to $50 million, generally using or previously announced Series A Cumulative Perpetual Preferred A stock, which pays a 12% cash dividend.
-Actively looking for acquisition opportunities. The integration of existing clinics could enable the company to gain, or expand, its market presence more rapidly than previously planned.
-Close Preferred Series A Funding
Funding Video DD: Explaining how MITI operates: https://youtu.be/xjR29Dd9jvI Explaining the inside buying: https://youtu.be/bh6zY84itDM