Technicals look very weak right now.

pinkrock-

I don't think it's fair to call Doubloon an apologist. I think he was simply duped like a lot of us here, and probably lost money like many of us, including me. For what it's worth to the board, I'll tell you that Doubloon is a man of his word, and when the stock went to basicly 0 and the volume to near nil, he did send me the hand carved box we had a wager for....the box cost me $12K, unfortunately.

One important point I would like to make is that these boards should allow for posting of all facts, and opinions, if they can be backed up with compelling evidence.

I posted on this forum Ron Williams Mugshot and details of his previous conviction on about a year and a half ago. The post was deleted by the moderator as it was not good for the stock to have this information posted. At that time, I think the stock was trading around $3, and when I sold most, although I did hold some to $2, and traded it a few times when I got used to it's pattern to reduce my losses. The point is, that new investors might have been able to see that Williams/Tbeck was a con-man, and stayed away. It could have not only saved current investors money by giving them information they would have determined made this stock a sell, but new investors a reason to stay away.

The fact that the posts I made about RW and his criminal background, including his mugshot from the State of Florida's Correctional web-site were not allowed to stay, cost people money, I am sure.

This was a board used simply to pump this stock, and any contrary opinions or evidence that there was something wrong was not allowed.

It's unfortunate, IMO, that IHUB allows their boards to be used by pennypumpers to pump and dump. IHUB is a nest of spammers, scammers and scumbags for the most part, and except for occasionally checking in here on MLTO's demise, I stay away.

Happy Holidays Everyone.

Of course you see I was right a year and a half ago when I started saying something smelled. And as the months wore on, it became obvious this was an exercise in extracting as much cash from the paper issued as possible.

As we wind down to zero, (and Doubloon gets closer to sending me the hand carved wooden box), there is no need to argue any more.

RaT and DebT and C&H are all doing very well. They had free housing, ponies, cars, meals for as long as the ride would last, and there is no doubt they have extracted a lot of cash that's buried under the sand somewhere.

Cheers

TBeck selling shares, 8K that any material billing mis-haps will not allow them to bid on Government Cheese programs (did you check out Kansas as I suggested a while back?), now Talarico shows up on the board to save us all, while he is the MF'er that was lying through his teeth pumping this thing up and sucking people in at $5+. He's here calling Hanson a liar? Well no Sh*T Hanson is a liar, I've been stating that for a year here as well. However, he's no different than Talarico and RW.

My posts for the last year plus have been dead nuts on. I think everyone that has been bashing me, calling me a child, etc. etc. sees I was right. A greedy bunch of pigs orchestraded an entity that was designed to sell stock for as long as they could. They were never really serious about the business. I'm not looking for apologies praise, but, there is some level of satisfaction knowing the A-Holes that were bashing me here now have to admit I was right, even if they won't say it out loud.

Doubloon- As soon as they officially quit trading, don't forget you owe me that hand carved box. That box cost me $25K and I want it.

To late...

That was some great information, and I printed it out. I was shocked that you hadn't removed it before I saw it.

I'm not the litigous type, and am responsible for where I park my money, so I won't be pursuing any legal actions. However, I can tell you that this company and the obvious deception that has been a part of their game from day one pushed me as close as I have ever come to wanting to go down that road.

Now we just wait for BK, or a miracle.

Waitdg-

It's really unfortunate. This was the "right" idea I believe, unfortunately, it was the wrong people involved in making executing the business plan (obviously).

It can be argued whether the original investors and managment team were just incompetent, or if there intention was never to build a business, but, to make money on the stock, and the business was just a vehicle to do so.

If Talarico and Hansen didn't have a history of unsuccessful business in which they personally profited handsomely, I'd be less judgemantal, but, if you research the history of the players involved, you will understand why I have drawn these conclusions.

LOL, and who are they negotiatin with? Themselves?

When you get on the phone with him, why don't you ask him about the last public company he was in charge of, if they ever turned a profit, and how much he made selling stock before they went BK.

Doubloon-

I'm sure this will get deleted, but, you have become so transparent it's getting silly.

You say the company will not service Anglo's? Come on. Sorry Mr. Jones, because you are white, we can't serve you. However, if you know of any Hispanic diabetics, please refer them to us. Give me a break.

I like how you tried to deflect/defuse the class action comment. The only reason not to file a suit is because the company will drag it out and be BK before anyone can collect. It's foolish to think they are viable at this point.

BTW, here's something for you to do some DD on. Why don't you check and see if the state of Kansas has realized their mistake in dealing with MLTO? Find out if that relationship is ongoing....or if it ever got off the ground.

Yes. This has been a brilliantly run operation. I have gone back and printed every press release and filing, so that at some point in the future I can go back through the "playbook" to truly appreciate how well this scheme was executed.

$millions been made in the sale of stock, and sallaries and living expenses and "consulting" fees.

I wonder what the next play is...IMO, it will be a 1:8 reverse split timed with some great "news" to finish unload some more.

Bounced hard off of 20 cents....disregard support at 30 cents and correct that with 20 cents.

There seems to be good support at 30 cents.

The MM had a flat tire on the way to work this morning, and was not available to sell us any shares; therefore zero volume.

Shares will be available for retail purchase tomorrow, as we creep down to my BTWFC price continues.

BTW, Bob, I sincerely do hope things work out for you here, but, like the rest of us, it's likely your shares will be worth Zip and Pip.

TA is bearish...lol.

Man. I thought the market scare today might cause some panic selling and drop this from .35 to .10, and I could begin the acquisition process. My bids didn't get filled.

Doubloon-

Come on. It's time to quit making excuses for these ding-dongs. They are failing miserably as a public company. If they weren't public, they would have been BK a year ago. The people running this deal are clueless.

I'd love for you to be right, but, the reality is not matching up with what you are spinning at this point.

PS- Don't lose that hand carved wooden box, re: our wager.

YOU ARE CORDIALLY INVITED TO THE 1ST ANNUAL

MLTO Bagholders Meeting, ZCOOLER presiding.

Our first order of business will be to play for all bagholders the video showing RaT and DebT engaged in unlawful acts with farm animals.

After the viewing, the bagholders will through various means of torture (forcing them to read the Bible) take posession of the company by garnering Rat and Debt's signatures for sale of their shares at a price of .05. We will then invoke a little known bylaw in the company's articles of incorporation that will allow ZCOOLER's six year old to replace Mr. Hanson as the CEO.

The bylaw reads "If Rat and DebT are forced out of the company and then vote themselves back in and then a bagholders meeting commences, an IHUB poster can replace the CEO with his six year old son."

Additionally, Law Enforcement officials will be on hand to take RW into custody once again for violation of his parole, on charges of General Sleaziness. No stranger to the Florida Penal system, he will beg ZCOOLER's six year old son for mercy. It is unlikely mercy will be granted, and quite possible a Transformer will be jammed up his AR*e.

Finally, the meeting will hold an open discussion as to how the company can be rebranded, and reinvented to provide recycled lances and strips to the poverty stricken, a plan that Rat and Debt deviously conceived years ago at "The Booby Trap" in Ft. Lauderdale. Since it is unlikely that procurement of new products will be be able to be continued due to cash flow deficiencies, "used" items, which can be procured by the homeless and exchanged at the Pompano HQ for shiny objects seems a much more viable business plan at this point.

http://www.google.com/search?q=the+booby+trap+fort+lauderdale&rls=com.microsoft:en-us:IE-SearchB...

what they say they are doing and what they say they are going to do no longer matters. the only thing that matters at this point is execution. they have had their honeymoon period as a startup, it's over. at this point, until they prove otherwise, they are failures.

Conrad-

We've heard all this before. No need to remind us of the pending skyrocketing earnings.

Waiting to actually see results...

Hi Conrad-

If it can go to .35, it can go to .10 or .05 or whatever. The current price is simply a reflection that the market does not think this company is going to make it, plain and simple.

Are they right? I don't know.

My BTWFC at .05 has been meant as a bit of a joke, as it's been obvious for some time where this was headed.

Are they right? I don't know.

I'm glad you think Dragan is right, because I also agree with him. In fact, I like Dragan was saying the same things at $5 and $4 and $3 and $2 and $1 etc. etc. It has been obvious for a year now that the recently deposed managment were not only incapable and incompetent, but decietful thieves, imo as well. I even posted info on their backgrounds, and the backgrounds of R Williams to show that these guys were trouble. I was laughed at called a basher. Now, here we are at .35.

Here's the problem with this company's chances of recovery, imo:

There aren't any real significant barriers to entry.

If this is such a good idea that such as incapable group as Talarico, Towsend, Hanson could get capital, just think what a group of seasoned, professional businessmen(women) with a background in the Medical Equipment Industry could get.
In other words, it would be better for the investors to just pull the plug and write off their losses with MLTO. Then, put together a real team of pro's, using the MLTO business model and let them work.

Starting from scratch, this business could be breakeven in 18 months. Now, even if they start to become profitable within the next several months, they've amassed a huge accumulated deficit, a float that has to many shares relative to revenues, imo, and even more (and hard to calculatet) number of warrants and options for future dilution.

I'm quite sure Doubloon will be sending me a hand carved box in the very near future, and I hope that all of our future investments turn out better than this one did.

???? Why .10?

Lets just take turns buying 1oK at a time at .05.

I'll be glad to share the company with you...

Dragan-

I think you and I were the first to start calling a spade a spade, and everyone said we were bashers etc. Now, at .35 do we still look like bashers, or just people who saw things for what they really were? This business was created by Talarico, Towsend and Hansen to make a ton of money, and move on to their next pump and dump. As I posted long ago, these guys have a history BEFORE MLTO of doing this, so why would it be any different now. Hanson will be the next to fade off into the sunset, then the BK filing will come in a few months.

I'm going to be keeping an eye out for these guys to start their next company. I'm going to watch it, wait for the pump, and then short the hell of it so that I can watch it fade to black.

BBIIIIGGGG OOOORRRDDDDEEEERRRR IIINNN AAATTT .05!!!!!

BTWFC!!!!!!!

PS-

To your point,

"If everyone is thinking alike, then somebody isn't thinking."

.70

.10 closer to my BTWFCP (BUY THE WHOLD F****NG COMPANY PRICE), which is .05 per share discounted 80% for the debt.

Speaking of new pic's, how about some mug-shots from the crooks that were "fired." Seems more like a pre-arranged graceful exit so they wouldn't be attached to a soon to be BK company to me, but, what do I know.

Now they can say on their next deal that they led a startup company from $0 to a $gazillion dollars in revenue during their time there, and won't have to discuss how it ended since they tweren't there.

I have tougher skin than most and am cynical because this ain't the first time I've been duped. Considering I've only been in the market for eight years, I've had more than my share of losers, but, on some fatalistic level, I need a few of the big losers. Only picking winners would take some of the fun out of it.

I didn't mean by the whole company for a nickel, I'm talking a nickel a share. Although, I might have to discount that some for the debt.

BTW, I'm not Steven, but I am Irish, and might be crazy, so you're nearly dead on there.

OK, Youre trivia question was to easy. I'm a Kent State, B-Day, even got the year right, which happens to be the same year as our hero's Flick, "Patton." One of my favorites. I could run through a wall after watching the opening scene.

Huh?

Don't recall selling...remember I'm the stubborn guy who'll let it go to zip and pip...then buy the company for .05. I can still fire Hansen, at least.

It would take courage for someone to buy? It doesn't take courage, you just hit a couple of buttons on the mouse, and, voila! done. There needs to be a reason to buy, though, and considering the universe of other things to buy, why buy more of this pos right now. Wouldn't it make sense to wait until they actually do something? I'm not talking motion, but, progress.

Who's been saying for over a year that Talarico and Townsent are lying cheating stealing scumbags....oh yeah, that was me.

I accept the MB's apology. Thank you.

One problem here...the interim CEO, Hanson is just as scummy. I look for him to be the next to go.

I'm a little bummed out by today's news, though. When I buy the company for .05 per share, my first action was going to be to fire Talarico and Towsley. Looks like I won't get to do that now.

Dang it.

Isn't the real question something else?

Why did he resign after such a short stint. No explanation was provided for his reignation?

They've been filing ammended returs for a year and a half trying to get to the OTC. I'm not convinced the result will be any different this time, but, they did file the ammendments a little differently. They filed the ammended 10K for 2006, in addition to the the last three Q's, which gets them current (for the moment). Assuming the requested concerns were addressed properly, perhaps this could go OTC?

That would be nice, but, I'm not sure how that changes anything. There's lots of .05 priced OTC's, just like .PK's. Of course, when I buy the company at .05, It'll be more prestegious to own an OTC company than a .PK.

Hey Conrad! I think we're under attack!

All of your platitudes and metaphors sure do make me feel good, but, in case you haven't noticed, we closed at .85 today.

On the other hand, this will just create an opportunity for me to buy the company at .05! My first order of business will be to fire Talarico and Towsend. Then, the price will at least double. Then I'll sell the company for .10 and double my money!!!

LOL

When it gets to .05, I'm going to buy the company, lol.

conrad-

You'll notice I've been avoiding posting here, as I've gotten tired of being pissed off. I'm just letting this play out. I'd like to try to come up with some projections based on historical information, and new developments, but, imo, the companies historical information is has generally proven to be unreliable, and the managment team to dishonest to rely on anything they are saying about the future.

For the most part, I'm just expecting the worst, and hoping for the best. But, I have no idea how the recent developments will really affect the company, or if they are even real.

Good Luck.

looks like someone just pooped some out at .80

moldme-

I'm not trying to be negative, but, don't forget the acual number that they collect is far less than the $1.1Million.

Mhammer-

I was posting from the 10Q.

You're going to OUT me?? I'm not sure what that means, but, do whatever you have to do.

Here, from the 10Q, this isn't bashing, it's what I'm seeing in their filings.

MEDIRECT LATINO, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 10. Stockholders' Equity

During the nine months ended March 31, 2007 the Company issued 81,652 shares to Tomas Johansen
a former director of the Company for services rendered and expensed the fair market value totaling $253,121
at $3.10 per share.

During the nine months ended March 31, 2007 the Company issued 335,800 shares of common stock to a
third party at a fair value of $3.15 per share to settle a liability under a lawsuit. At June 30, 2006 the amount
due was recognized as a liability totaling $1,057,770 (see note 2).

During the nine months ended March 31, 2007 the Company issued 25,000 shares of restricted common
stock to a third party and expensed the fair market value totaling $50,000 at $2.00 per share to settle a liability
under a lawsuit.

Note 11. Litigation

The Company was a defendant in several lawsuits filed by VENDORS breach of contract at March 31, 2007.
The plaintiffs have claimed a total of approximately $500,000. The outcome of these cases cannot be predicted
at this time.

On or about February 9, 2002 an individual filed a complaint against the Company and two major SHAREHOLDERS alleging that the plaintiff was crucial in starting the Company and claimed entitlement to 1,500,000 shares of
common stock. A settlement agreement was executed on October 30, 2006 under which the Company agreed
to pay the sum of $100,000 to the plaintiff. At March 31, 2007 the liability had been settled in full.

MORE FROM THE 10Q

Note 3. Going Concern

The accompanying financial statements have been prepared on a going concern basis. The Company had a net
operating loss of approximately $3.6 million for the nine months ended March 31, 2007 and an
accumulated deficit of approximately $33.9 million. The Company's ability to continue as a going concern is
dependent upon its ability to obtain the necessary financing to meet its obligations and repay its liabilities
arising from normal business operations when they become due, to fund possible acquisitions, and to generate
profitable operations in the future.

MORE FROM THE 10Q FREE MONEY FOR "MAJOR SHAREHOLDER AND KEY MANAGEMENT

Note 8. Stock Options

During March 2007 under service agreements with a major shareholder, an officer and certain key employees
the Company allocated 1,650,000 shares of stock in the form of stock options, annually over the three year
period of each contract, with the options being earned quarterly during the term of the Agreement.

MORE FROM THE 10Q FUNDING IN JEOPARDY

The Lenders have not funded the second tranche of $1.75 million citing the Company violated the terms of
the subsection "Avalable Cash/Liquidity" which required the Company to maintain $1,000,000 in cash.
The Company and the Leaders amended the Loan and Security Agreement on April 20, 2007, with the
lending group advancing a further $250,000 to the Company, with a reduction of like amount from the second
tranche should any future funding take place.

I hope you're right, as it would be nice for my $25K to go completely bye, bye.

That sounds like a great wager.

You can pick who you'd want the ribs from, but, as a KC guy, I can give you the rec' for what I feel are the best ribs should you win.

To make it fair to both sides, we should use a hard date to measure.

How about 12/31/07.

If current shares are still at least .01 on that date, I owe yo the ribs. If not, the jewlery box. BTW, do you carve these yourself?

This story is obviously over.

Anyone who won't admit it is dilusional and in denial.

I'll make a freindly wager with anyone that says otherwise.

A slab of BBQ ribs from me...what will you offer for your side of the bet?

Serious question. Don't mis-construe this question as bashing.

What does anyone see here at this point that makes you believe this company is going to survive.

Revenues are not improving, losses are widening, lawsuits are piling up from vendors, former shareholders are suing, and being given a lot of shares to settle (these are the likely sellers, imo), the A shares were converted to common stock which leads me to believe the holders want them to be in a form to liquidate them before the lights go out (I'd welcome other theories on this), their financier is withholding funds, we don't know how, when or if they are going to pay their spokespeople, they say they can't advertise due to lack of funds (so whats the point in having them), they burned through over $2M in cash last Q and have 300K left, likely only have of the AR's are legit (imo).

I know we all have money lost here, but, what is there that makes anyone think this company has a chance to survive?

How long should we expect to be able to keep finding money.

Yes. They had enough historical data to know that nearly none of this difference is going to be paid. Remember the years of DD they did before entering this market? It would have been nice for them to have told investors up front when they were putting out monthly PR's about revenue what percent of that was likely uncollectable. Instead, we had to wait months and months for the 10Q's to tell us.

You keep talking about how you are speaking with insiders and are satisfied with what you are hearing and how you are buying more shares. Please share the information that they are giving such a small part of the public.