Modular Medical Inc. (MODD)

[Strukture]

MODD is setting up tp push hard!

[81vette]

Has potential,not optionable,partner is private co

[FROZENFLAME]

$79K bid !!!

[FROZENFLAME]

Nice, just keep going .
$MODD

[FROZENFLAME]

Very thin !

[FROZENFLAME]

Very interesting

https://www.accesswire.com/690229/modular-medical-appoints-james-jeb-besser-as-chief-executive-officer

https://fintel.io/n/us/modd/manchester-management-co?utm_source=Twitter&utm_medium=Social&utm_campaign=insider

[Roadtojourney]

All this pinksheet coming on Nasdaq turing out to be junk?? Imo

[KeepOn]

Crazy crash. What next?

[jjtcwine]

what is the float Is this a low floater TY

[Roadtojourney]

Oh this came from pinksheet world, another garbage Nasdaq open doors for imo??

[jjtcwine]

Modular Medical Inc (NASDAQ: MODD) rose 321% to $15.64 in pre-market trading. Modular Medical, on Thursday, reported pricing of $15 million public offering and uplisting to the Nasdaq Capital Market

[BullofLA]

Noice, all in on this one, run up to $10 soon ATV’s and bob pumps all the way!

[crudeoil24]

Snowmobile rentals & insulin pumps > "The Company's initial operations consist of renting snowmobiles and all-terrain vehicles (ATVs). The Company provides solution to a group of almost-pumpers who are interested in using an insulin pump, and people who are already using insulin pumps."

[tmp118]

MODD is odd, $4.19 to $17.50 to $5.25 all in about 2 hours

[makinezmoney]

$MODD: On watch today.......... could go like $AREB did






GO $MODD

[Renee]

MODD moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[spindog]

Uplift today

[Renee]

MODD: effective Nov. 29,2021 a one for 3 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[pennypauly]

As of the date hereof, Manchester Management may be deemed to be the beneficial owner of 5,858,384 shares of Common Stock, constituting 32.44% of the issued and outstanding shares, based upon 18,057,957 shares of Common Stock outstanding as of the date hereof. Manchester Management has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 5,858,384 shares of Common Stock. Manchester Management has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 5,858,384 shares of Common Stock.

As of the date hereof, Manchester Explorer may be deemed to be the beneficial owner of 5,016,566shares of Common Stock, constituting 27.28% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Manchester Explorer has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 5,016,566shares of Common Stock. Manchester Explorer has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 5,016,566shares of Common Stock. Manchester Explorer directly owns 5,016,566 of Common Stock.

As of the date hereof, JEBP may be deemed to be the beneficial owner of 841,818shares of Common Stock, constituting 4.66% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. JEBP has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 841,818shares of Common Stock. JEBP has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 841,818shares of Common Stock. JEBP directly owns 841,818shares of Common Stock.

As of the date hereof, Mr. Besser may be deemed to be the beneficial owner of 6,128,103 shares of Common Stock, constituting 33.94% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Mr. Besser has the sole power to vote or direct the vote of 269,719 shares of Common Stock and the shared power to vote or direct the vote of 6,128,shares of Common Stock. Mr. Besser has the sole power to dispose or direct the disposition of 269,719 shares of Common Stock and the shared power to dispose or direct the disposition of 6,128,103 shares of Common Stock. Mr. Besser directly owns 269,719shares of Common Stock.

As of the date hereof, Mr. Frank may be deemed to be the beneficial owner of 6,039,214 shares of Common Stock, constituting 33.44% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Mr. Frank has the sole power to vote or direct the vote of 180,830 shares of Common Stock and the shared power to vote or direct the vote of 6,039,214 shares of Common Stock. Mr. Frank has the sole power to dispose or direct the disposition of 180,830shares of Common Stock and the shared power to dispose or direct the disposition of 6,039,214 shares of Common Stock. Mr. Frank directly owns 180,830 shares of Common Stock.

Each of the Reporting Persons disclaims beneficial ownership of the reported securities except (i) for the shares of Common Stock directly owned by such person and (ii) to the extent of their pecuniary interest therein

On November 20, the Reporting Persons acquired 720,001 shares in a private transaction at a price of $2.25 per share. There were no other transaction in the securities of the Issuer in the past 60 days.

[pennypauly]

The dollar bid puts MODD Market cap at 17 mil.

[pennypauly]

They have 7.1 million liquid

[pennypauly]

As of December 31, 2018, we had total current assets of $7,159,698 of which $7,137,876 were cash and cash equivalents, and current liabilities of $62,932. As of March 31, 2018, we had total current assets of $4,313,480 and current liabilities of $15,471. As of December 31, 2018 and March 31, 2018, we had working capital of approximately of $7,096,766 and $4,298,009, respectively.

Net Cash Used In Operating Activities :
We used $1,106,941 of cash to fund operating activities during nine month ended December 31, 2018, compared to $544,837 in 2017. Increased cash usage in 2018 was driven by greater operating losses deriving from development. We reported net losses of $1,532,545 and $477,863 for the nine months ended December 31, 2018 and 2017, respectively.

Net Cash Provided By Investing Activities :
We used $55,058 and $13,262 of cash to purchase equipment and intangible assets during the nine month ended December 31, 2018 and 2017, respectively.

Net Cash Acquired In Financing Activities :
We acquired $4,003,199 of cash from financing activities for nine month ended December 31, 2018, compared to $4,676,144 in 2017.

[pennypauly]

Common stock

On July 24, 2017, pursuant to the Acquisition Agreement, the Company acquired one hundred percent (100%) of the issued and outstanding shares of Quasuras for 7,582,060 shares of the Company, resulting in Quasuras becoming a wholly-owned subsidiary of the Company. The historical equity for Quasuras was restated pursuant to the reorganization.

The Company has 50,000,000 shares of Common Stock authorized. The par value of the shares is $0.001. During the three months ended December 31, 2018, 1,786,432 shares of Common Stock were issued for a private placement at $4,019,478, including legal fees of $35,563. During the three months ended December 31, 2018, 30,000 shares of Common Stock were issued for cash of $19,800. As of December 31, 2018, 17,799,705 shares of Common Stock of the Company were issued and outstanding.

Preferred Stock

The Company has 5,000,000 shares of preferred stock authorized. The par value of the shares is $0.001. As of December 31, 2018, none of the shares of preferred stock of the Company were issued.

[CryptoRain]

Oh ok..

[pennypauly]

The name change on FINRA

[CryptoRain]

Where did you come across this?

[pennypauly]

I do not know, .38/5.00

[CryptoRain]

Very interesting post...what's coming next?

[CryptoRain]

Very interesting...

[pennypauly]

Details
Previous Value Current Value
Old Symbol BLKE
New symbol MODD
Issue Name Bear Lake Recreation, Inc. Common Stock Modular Medical, Inc. Common Stock
Class
Maturity Date
Market Category Other OTC Other OTC
Unit of Trade 100 100
Regulatory Transaction Fee Yes Yes
Current Value
Daily List Date/Time 06/28/2017 11:49:35
Event Type Name/Symbol/CUSIP Change
Effective/Ex Date/Time 06/29/2017 00:00:00
Subject to Corporate Action
Offering Type No Restrictions
Daily List Comment