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Given that the PR was only half an hour after open, and we haven't even hit the breakout boards yet, news of this is still spreading. New people should be coming in throughout the day.
Just filling the gap at this point. Nothing to be alarmed about.
usually 6 weeks after end of the quarter....so looks like middle of Feb.... fri 14th or Mon 17th
The company's original name was Med Gen, then they formed a parent company Northstar Global Business Services when they switched over to business consulting for a few years. Northstar owns both the consulting business and Med Gen, the alternative healthcare business.
I agree. I was in the same boat, until I realized that my blood pressure would stay much more even if I just set one person on "ignore". I did that about 3 months ago, and this board has been so much more of a peaceful experience for me since then.
Now it's just about the company, MDIN, and what they're doing, and I think I have a much more clear picture of things without emotions clouding my judgement.
I'm not happy with some of the overexcited claims that the CEO has made, but I see the value of this company, and its potential is huge.
"Music producer"?
I knew they did business consulting for a while, but music?
I hadn't heard that one. Anyone know what that's about?
So, will the following be competition for StemIntense?
www.swansonvitamins.com/health-library/products/rejuv.html
Does it lend more legitimacy to StemIntense?
Don't worry. As long as it stays in the .007s this week, and doesn't dip below, our uptrend is intact.
We need to be in the .008s next week to keep it going.
Nabbbss,
You definitely have a skill for thinking big. Thinking big can be a very good thing.
I think the stock price might get into your range if they do a 1 for 20 reverse split for the purpose of uplisting, which is a possibility. In other words, I think a range of .06 to .17 is possible for 2016 (without any split).
And I would happily retire if that happens.
Did you catch the 'anyone can do this' comment? LOL! no, they can't. Not even close...I can guarantee that, that's why people get hired to do this kind of a job...It actually takes some knowledge of the process...
He said that in September about Q4, and that was completely false.
I was very upset and angry about that.
But he did not say anything about Q1 revenues, and even if he did, I would not trust it after the Q4 fiasco. So, I'm basing my guesses on just what I think is likely given this kind of business and the stores where product is selling.
I do believe he's trying to get the company off the ground to success. I just don't trust his revenue guidance. Either someone is lying to him and he's gullible, or he's lying on his own when he makes those statements. Don't know which is worse.
Actually, the chart IS looking very interesting right now. There seems to be a lot of buying pressure steadily building. That's the kind of buying pressure I like to see, because it can be sustained, unlike the surge 2 weeks back with all the new attention from some recommendations.
This run up is happening more on its own. It's looking strong to break through .008 in a big way later this week. We might end the week in the .009s at this rate.
I have a feeling that this is a sign that good news is coming soon.
The testimonials on the site are clearly placeholders.
Some of the words have been removed, and the photos don't line up with the names genderwise.
I think it's just a test / proof-of-concept site.
I hope it gets finished, fixed, and pushed out there soon!
The first one should say "you" and the second one should say "you're".
This is basic middle school English, folks!
I'm not expecting to see any increase in sales in Q1 (end Dec) compared to Q4 (end Sept).
Q2 (current quarter) I expect to go up, due to drugstore.com and other progress, but not by a lot.
Q3 is the first quarter where I expect we could see significant gains in revenues.
Right now, it's still laying groundwork for that.
I think the chart will show more of a steady rise of about .001 per week until the TV commercials air, which I'm guessing could be 9 or more weeks away, waiting for the website work to be finished.
Still, that means it would double in those 9 weeks, if it keeps up the steady .001 per week. I'll take that! Especially as a level from which to launch upward.
Some questions:
If he already has 2 websites fully functional, another one released and ramping up, and 2 more about to be released, is it accurate for them to say they'll have a 10-fold increase in organic online footprint during this year? That would mean about 25 similarly sized sites, considering that they had about 2 1/2 sites at the start of the year.
I think it's more likely to be about a 4-fold increase. That's still pretty nice.
But then, how much of a revenue increase would that be?
Without TV commercials, I'd say it would only double revenues, getting us to all-time highs, but not by much.
WITH the TV commercials, though, the sky's the limit. I could see a quadrupling in revenues as possible, depending on the response. So I agree with those who figure Danny wants to get most of those sites set up, live, and interconnected before airing the TV commercials, so he can get the most leverage out of the advertising dollars.
Unfortunately I think this means that we won't see the commercials until April or later, but when they do hit the airwaves, I expect very good things to happen.
Hey, ya gotta have some fun along the journey.
Although I think the analogy isn't all that far off.
Wowsa!!!
This is a major step up for their website! They're probably using this as a testbed until they're confident enough to have their other URL switch over to this. They should get a bunch of domains to go to this, such as stemintense.com, etc.
I looked at the HTML source code, and was impressed. Whoever set it up is using a platform called "WooCommerce", which seems to use dynamically generated web pages with a bunch of slick ecommerce features.
They even have a snippet of "Google Analytics" code in there for tracking.
Hopefully this consultant knows a thing or two about Search Engine Optimization and can start applying that after they get other domains pointing here.
Could you post the link? The site I see is still the old one, which still needs much improvement.
My guess would be that they'd start with a small amount per store until they see how sales go, then up the order size if they sell well. I would guess they'd put about 20 bottles on the shelf, and another 20 in the back, for 40 per store at first, then increase order size to your numbers if they sell well.
Your point is valid in the right situation, but doesn't apply to this situation.
Walgreens would indeed accelerate a product onto their site if they felt the product would be a highly popular and profitable top seller. Not the case here. They probably get thousands of requests to stock products, and only a fraction of 1% would qualify as "super-profit-opportunity" from Walgreens' point of view.
The less enticing the profit opportunity for Walgreens, the longer the process will take, and the more likely they'll be filtered out and never be stocked at all. Just getting stocked at all is a big victory for a small company like MDIN.
It's like candidates for a hot job opening. A well-connected, super-experienced, superstar candidate will get an interview or even job offer right away. The vast majority have to go through HR and many levels of filters over many weeks to even land an interview.
Or perhaps, it's like a super-hot woman having to filter out lots of guys asking her out, but when a super-handsome celebrity dude comes along, he gets her attention right away.
So, the question is, what's the TYPICAL time it takes for an AVERAGE product to jump through Walgreens filters and hoops to separate itself from the crowd and get on the shelves?
Love your enthusiasm, but I think it will take longer to get there.
I don't think we'll see cents level until 2015. This year will be about working our way up there. Each accomplishment will give a little bump, not a big one. Walgreens would push us up solidly over .001, but probably not over .002 until an upswing in revenues is proven.
To get to cents they need to be audited and have revs of over 1 Million per quarter.
I thought only 5 products were out right now, and the 6th one is only in development.
Did I miss something?
Did you mean to say "doesn't expire" instead of "does expire"?
I assume it's a long-term expiration on their products, so they could be warehoused for a few months without it being much of a problem.
I agree completely. Wait until Walgreens goes live, then do one combined PR. It will give the image of real momentum. Too many PRs give the image of "too desperate to impress".
The financials came out on time, just before the deadline, but they were not audited.
Don't know why you believe 24 M to be a likely number for revenue in 2014.
I'll be happy if they're over 1 million, and showing steady growth.
We've heard claims and implications from the company that revenues would be in the millions in 2013, only to find out that actual finalized revenues were 1/10 of that, or less.
I'm holding my position because I do believe revenues will grow, but I've learned to ignore revenue projections from the company, and to rely on my own wits to guesstimate where they'll actually be. I'm thinking that $1.4 M in 2014 would be mighty nice, and achievable.
That would bump up the PPS 200% to 300% from where it is now, maybe more.
I like steady & swift rise in PPS, and it looks like that's what we're starting to get now.
Chart is starting into a nice uptrend.
If it holds its "steady" pace, it'll be in the .007s this week, .008s next week, then should be touching a penny the week after next.
Perhaps other posters were having the same problem I had. I couldn't get connected to ihub an hour ago. It complained of server load being too high.
I do not know how it could be read any different.
I think you'd need to go at least for .0008's to get any.
I think you mean "the truth", but close enough. Trust and truth kind of go hand-in-hand. You can't build one without the other.
Yes, I know they just started on drugstore.com. I've been following the developments, which is why I was looking at how it appears competitively on the drugstore.com site.
It's good to see it in the 2nd row when you query for snoring products. Its price point is also competitive, but it doesn't look as "nice" as the others.
I think it will take some time for the sales to ramp up to the levels you're expecting. Based on the past, I could see them eventually getting as high as $250k per quarter from those 2 sites, but not for this quarter, since we're already a month into it and they're just getting listed.
If they can have a $200k quarter this quarter (all products combined), with real profit and an upward trend, I'll be happy.
The Walgreens category for Snore Relief has only 13 products in it, almost all nasal strips. there's only one spray, and that's an expensive combo-package at $20.
Given the pricepoint of Snorenz, it could do very well once it's on the Walgreens site.
On drugstore.com, the other anti-snoring sprays have a "Natural" banner across their image. Do you think MDIN should try to get one, too, for Snorenz?
erelas, the revenue was deferred, due to distribution deals, and not real revenue of product selling on shelves. The product still has yet to hit those shelves. The real sales were only about $240k during 2013, almost all of that in the last 2 quarters, its first year back in business after a quiet period.
Revenue at a rate of $480k per year (about 240k in last 2 qtrs) is about .0007 / share, right where the price is now, meaning our P/S is about 1, which is a fairly normal valuation.
Some say that's a great start from nothing, and are optimistic, but others point out that PR's and tweets implied a lot more revenue, on multiple occasions, so they've been deceptive.
Right now they need to regain the trust of a lot of people. The attorney's letter is step 1. Getting drugstore.com is also a good step, but comes many months after the CEO said it would happen. It's up to you to determine whether the CEO was intentionally deceptive, or just over-exuberant and overly optimistic.
Alexa traffic for the 5 websites has been below average for the last couple of weeks, with OnlyLeggings being the only site showing decent traffic in that time, but when I got today's update (which goes through end of Sunday), I saw "DressesExpress" get a surge of traffic on Sunday tying its best day ever, which was 2 days after it was announced.
OnlyLeggings was above average, and the rest were near their averages.
Hoping those new sites get launched soon, and VivaVuva commercials get aired, so we can see some traffic action.
Based on various website traffic and order number data collected, I expect it to be around $800 k for Q4.
Probably a little above 800k before returns, and a little below after returns are factored out.
All good stuff. Lots of work being done behind the scenes. I hope it's all "ready" soon so he feels confident enough to run the commercials. We REALLY NEED those commercials run!
Anyway, I liked the magnifying glass on WomensTopsHabitat. It's better than the magnifier on other fashion sites.
One thing still needing cleaning up is on DressesExpress.com, where the size chart says "OnlyLeggings" on it. I think it's an image file, that needs to be updated.