Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
4u2nv2....remember you posted this........
Thursday, March 28, 2024 1:21:21 PM
"DO YOU BELIEVE THIS",.. Thanks for asking....... I believe it's going to 2.00. :) Friedman just randomly loans money to a company for no reason. UMMMMMM OK.
So that is it 35 cents per share.....when not too long ago you touted 2.00 per share........
Firstrade Broker works........
Now 1Q is not due until May 15th .....Thought to satisfy some of what OTC Market needs is Sales and Revenue ....I would think an Amendment of the annual filing would have to show some sales during 2023.prior to 1Q filing...As MCIC website claimed to have sold gloves way back at then
Passover commemorates when God “passed over” the homes of the Jews of Egypt during His slaughter of the Egyptian firstborns. It also recalls how the Jews left their lives of slavery, going to the desert for 40 years. It is why one of the most important requirements of Passover is to remember the story of the Exodus.
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
So your Crystal Ball says $2.00 ...................Ok I see where you are coming from.......I did read your other posts.......
Thanks for your reply..................
So with all the talk about the OTC .....what odds to you give that the OTC will remove the Shell Risk from MCIC........????....or will it not happen unless MCIC shows real revenue first.............
HA HA .....good response ..........
According to the CEO Friedman .......he stated last year MCIC had Sales...................
.
The effective date for the change is January 1, 2023
The definition of a shell company by the SEC, is a company
that has no or nominal assets, and or, no or nominal
operations, and assets solely consisting of cash and cash
equivalents. The reason that (MCIC) believes that it is no
longer a shell company is because we have created an
online store and have made numerous purchases and sales
and carry inventory......Those sales did not even show up in its annual filing
CEO said.......... MyAIWatch will be in full production and should be
available to the public and healthcare companies by the end of the first quarter of 2024.
Further updates will be announced as Beta Testing continues................DO YOU BELIEVE THIS ...............DO You believe MCIC sold any gloves at all.........or did Friedman maybe lent the company money and purchased with that money gloves...that were never sold for a profit ...........according to filings
Summary of business operations
The issuer buys and sells nitrile medically approved gloves and other PPE supplies to include gowns, masks and
other items for the medical industry. The company is currently working on a medical app that will assist in
monitoring potential life threatening scenarios. In addition, the issuer is always looking for cutting-edge
technologies and opportunities to increase their ability to bring shareholder value by increasing revenues and
profits for the long-term growth of the company........... No mention of the watch that was suppose to be in production ......
Annual Report............https://www.otcmarkets.com/otcapi/company/financial-report/395391/content
only money coming in to the company in 2023 was the Loan to the company by Friedman
Rule 144 is the most common exemption that allows the resale of unregistered securities in the public stock market, which is otherwise illegal in the U.S. The regulation gives a specific set of conditions that a shareholder must meet in order to sell unregistered, "restricted," or "controlled" securities in the public marketplace.
For a shareholder to sell securities (such as stock, bonds, equities) on the public stock market, the securities and sale need to be registered with the U.S. Securities and Exchange Commission (SEC). Securities that are not registered or that are labeled as "restricted" or "controlled" generally cannot be sold or resold on the public market. However, there are several exemptions for the resale of restricted securities, and Rule 144 is the most commonly used.
Nothing new on the website....except they ditched the E-Commerce..probably thought that would have helped them get rid of the Shell Risk.........Revenue is the answer....but where would they get that .......
Has MCIC complied with all the GUIDELINES ???
Quarterly Report Out........nothing really to write home about....................
https://www.otcmarkets.com/otcapi/company/financial-report/385845/content
Sounds like with OTC ....MCIC will have to show revenue in the filing first before shell goes away..........
The new website is up ....but I guess Ben's grandson is running the show......................
https://mcic.outmarker.com/152-2/
Yes, the DOD has a connection with MultiCorp International. In August 2023, MultiCorp International announced that it had won a $100 million contract with the DOD to provide PPE. This contract is evidence of the DOD's trust in MultiCorp International's products and services.
In addition to this contract, MultiCorp International has also worked with the DOD on other projects in the past. For example, in 1975, MultiCorp International was one of the top US manufacturers that provided technical assistance to Iran in support of the US military.
Overall, the DOD has a long history of working with MultiCorp International. The recent PPE contract is just the latest example of this relationship.
Cant Rely on AI Bard ................
From 2020 ..So it can;t be about MCIC............Statement attributed to Lt. Col. Mike Andrews, Department of Defense spokesman:
“The Department of Defense’s Defense Logistics Agency, in coordination with FEMA and the Centers for Medicare & Medicaid Services, has signed a $134 million contract award with the Federal Resources Supply Company to provide personal protective equipment (PPE) kits including protective eyewear, gloves, gowns, and masks for medical personnel at over 15,000 nursing home locations.
Deliveries have started this week New York, New Jersey, Washington D.C., Baltimore and Philadelphia and will be completed across the United States,
AI got it wrong............too bad.......
You got that from AI (Bard) ......The press release link was from 2020 and did not mention Multicorp by name...........
You got that from AI (Bard) ......The press release link was from 2020 and did not mention Multicorp by name...........
.....................................................................................................
So they changed the site got rid of the inc .......OLD..https://multicorpinternationalinc.com/ ...... NEW...http://www.multicorpinternational.com/
So they changed the site got rid of the inc .......OLD..https://multicorpinternationalinc.com/ ...... NEW...http://www.multicorpinternational.com/
Pulp Fiction.
confusing............sales did not show up in the last filing for 2 quarter ..Yet there was a disclosure as to why CEO in February said MCIC should not be considered a Shell ...CEO said the company had E-commerce website, sales and inventory............
MCIC website back up but E-Store is still down...........
Looks like MCIC shut down their website ......................
www.multicorpinternationalinc.com
So did Ben Friedman make a mistake when he submitted this filing with the OTC on 02/06/2023......
1. Multicorp International Inc (MCIC) was previously a shell
company
2. The company (MCIC) is changing its status as a shell
company
3. The effective date for the change is January 1, 2023
4. The definition of a shell company by the SEC, is a company
that has no or nominal assets, and or, no or nominal
operations, and assets solely consisting of cash and cash
equivalents. The reason that (MCIC) believes that it is no
longer a shell company is because we have created an
online store and have made numerous purchases and sales
and carry inventory.
Benjamin Friedman
Pres/CEO
So the 2nd quarter reporting has come and gone....(No Revenue ) .......3rd quarter ends on Sept 30th......reporting deadline by Nov 15th....so most likely share holders have plenty of time to sit around and wait.................Looks like from the OTC market point of view...MCIC will have to show sales and revenue to take away the yield sign and shell risk.................
thought so..................I see no reason for it to change.....
Has the Market Cap changed recently ? Market Cap 1,574,864
You could always hope for an update to the 2nd q filing prior to the August 15th deadline
I'm never surprised with penny stocks.......I have made money on this one twice through the years...What does make me laugh and snicker is some who are negative and positive about this stock...as if they have special information...and they get all wound up ...sort of like yourself....there are thousands of penny stocks but you devote a lifetime to this one....anyone on this forum investors or not already have all public info about MCIC...what extra do you have to offer (0) ....and on the other side ...to the moon or Pluto can really get kind of old and stale
Disclosed on 02/06/2023 Supplemental Information - Supplemental Information
The reason that (MCIC) believes that it is no
longer a shell company is because we have created an
online store and have made numerous purchases and (sales) and carry inventory
Benjamin Friedman
Pres/CEO
Looks like Friedman lent MCIC money to buy some gloves hoping they could sell them and to create inventory....So they bought about $200,000 dollars worth of gloves and shoved them into the Derry Ave office..........
So NO revenue .......only Loans from Shareholders-Related Party $352,899.89 from...... Quarterly Report ending 06/30/2023....what happened to all the gloves........
Schwab acquired TD Ameritrade