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read very carefully, it means alot.
Our feeling is that even if the entire number of authorized
shares was actually in the public hands, our company still holds far more value than is shown in our current share price.
nick chieco did say (very,very soon he will announce who the marijuana partner is), it would be fantastic if it was announced on monday or tuesday.... go $$MDIN$$...
i figure approx. 60-70% of the 800million added to the float. The result is the following share structure (pending update on the OTCMarkets) 1,500,000,000 Authorized shares,
1,242,814,753 total shares outstanding, and 1,199,054,852 of those shares considered to be in the float.
In closing, I will remind everyone that although both the outstanding and public float have increased, a very substantial
portion of that new public float is basically an illusion because shares that are held in treasury and freely trading, are
considered part of the float regardless of who holds them.
lmao, im thinking more like a 5,000%-10,000% increase in sp.
. 20 Peachtree Court Suite 103H - Holbrook, NY 11766
PH: 877-571-4387 | FX: 877-571-4387 | info@medgeninc.com
Dear Shareholders,
I am writing this letter in conjunction with a previously announced change in our share structure taking effect and being
updated on OTCMarkets. I am writing to remind everyone of the reason for the changes and explain its purpose a second
time so there is no confusion or misunderstanding. The changes, which are about to be updated, or are already updated at
the time you are reading this include a change in share structure representing an increase in outstanding shares and pubic
float that we have negotiated in order to facilitate several important and positive developments.
First, the company has had on its books, significant convertible debt that was convertible to a massive amount of shares
for the past few years. The note was created by former management as a way of regaining control of the company if
necessary. I am very happy to have recently announced that as a result of the changes, the debt has been reduced
tremendously as outlined in our last press released, and the terms of the remaining debt has been altered so that even fully
converted, the debt represents an insignificant amount of shares. The threat of massive dilution amounting to tens of
billions of shares has been completely distinguished.
Second, I think it is no secret that one of our growth strategies is the acquisition by or merger into a much larger form.
While I cannot, at this time, disclose any company names, progress of talks or discussions, or results, I can say that in
order to effect such a merger we would need to have shares on hand to give us some freedom in structuring a deal. This
requires an issuance to the company treasury, and the easiest way to accomplish this, as well as our first goal, is to utilize
the notes on the books to convert part of that debt into securities to be held in the company treasury.
The result is the following share structure (pending update on the OTCMarkets) 1,500,000,000 Authorized shares,
1,242,814,753 total shares outstanding, and 1,199,054,852 of those shares considered to be in the float.
In closing, I will remind everyone that although both the outstanding and public float have increased, a very substantial
portion of that new public float is basically an illusion because shares that are held in treasury and freely trading, are
considered part of the float regardless of who holds them. Our feeling is that even if the entire number of authorized
shares was actually in the public hands, our company still holds far more value than is shown in our current share price.
We now have product being sold by major retailers, we have product shipped, or in the process of shipping to many more.
We have a product line that is highly rated, and even includes a use of our patented spray technology in the new and
quickly emerging medical marijuana industry, with a solid partner who has a strong foothold in the industry.
Now, I know, as always there will be a group of individuals that will try to spin this as a negative thing. This small group
often tries to get people focused on small details instead of the big picture. If you interact with them, just ask yourself;
who sits in front of a computer all day badmouthing a company if they are not being paid to do it? The answer is nobody.
Their activity is totally biased and motivated by greed.
I know that this information is bittersweet. On one hand, potentially debilitating convertible notes have been eliminated,
freeing the company of a potential hazard, but on the other, the outstanding shares and float have increased. Those who
understand business know that steps like these are sometimes necessary, and if you are not willing to do the unpopular
thing, you have no real chances of becoming a market leader. I truly believe that our actions show that Northstar not only
has a chance, but we are destined to become a market leader.
I wish each and every one of you a wonderful weekend, and I remind you to watch for upcoming announcements.
Thank you for your time,
Nicholas Chieco
President/CEO of No
what im reading into his tweet about a partner is that, its a done deal with a major marijuana company and that they have been working on a spray delivery system for them. today around closing of the market he also said we will have an up-dated share structure announced. i will wait to see that instead of speculating what it is/could be. i hope all does the same. im long and strong here with $$MDIN$$. im willing to wait another 6-9 months to see this explode, but im thinking it will happen alot sooner. good luck to all, go [b]$$MDIN$$.
lmao, really, good. i will wait. lmao......
i have used, and im still using some of the products that are offered from clnp. they work for me, and im long and strong here. im willing to wait another 9 months to a year to see clnp explode. good luck to all. go $$CLNP$$....
[b]Nick Chieco CEO ?@MedGenInc Feb 28
Sorry for the lack of info everyone, busy week, and Im doing the best I can. Aiming to announce some things very very soon, great things!
Details
is there any rumors why there is so much action?? or is it just another ploy to get investors to buy. either way my sell order is in. maybe i can make a dollar after i thought i lost a dollar.....
like i said in my post, im willing to wait months, possibly a year or so... good luck to all, go $$MDIN$$....
good to see you back posting again bjames. i for one missed you. im long and strong here with $$MDIN$$. it was nice to see green again after a long and well worth it wait. its only gonna get better. the products that i have bought and used work(stemintense,healtenrich for pets)and work great. i will continue to buy those products. as far as the others, i hear they work just as well. the lactose intolerant product when it comes on the market will be a game changer, and now getting into bed with marijuana products with several companies, well thats just fantastic. looking forward to the next few months, good luck to all and stay strong. go $$MDIN$$.......
wow, i am very pumped about groupon.com for $$MDIN$$.....
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lmao, i cant wait till $$MDIN$$ does what its going to do. but im willing to wait as long as it takes. i am long and strong.... go $$MDIN$$....
so these are all failing companies just looking to sell extra stock......this is from groupons...............
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10 million shares that are in strong and long hands. im getting ready but will wait another 3-6 months for the pps to be where i would like it...... G0 $$MDIN$$.... ](my mini googgle)..........
what does that mean???? does it pertain to cxac????
$$MDIN$$ is going to be a monster, go $$MDIN$$................
Northstar Announces completion of the first prototype for its groundbreaking new lactose intolerance treatment
9:00 AM ET 11/13/13 | PR Newswire
Northstar (OTCPink: MDIN) today announced that it has completed the design and manufactured the first prototypes of its lactose intolerance treatment bringing it one step closer to market. Based on the recently licensed patent, the treatment is like nothing else available, and will make Northstar stand out far among any competitors.
The final design of the product comes in the form of a three-day treatment. Consisting of a pill on days one and two, and consumption of a small a small 1oz container of yogurt on day three, which starts a unique process in the digestive system. Laboratory animals consuming the treatment were rid of all lactose intolerance symptoms for as long as 90 days.
Northstar's CEO, Nick Chieco explained, "Every other solution to this problem involves taking pills before any meal containing lactose. Forgetting to do so, or consuming lactose-containing foods without realizing it can be extremely uncomfortable and even painful for those afflicted. This product does more than offer a treatment for a few uncomfortable symptoms, it offers total freedom to people ordinarily shackled to restrictive diets and carrying around pills everywhere they go." He goes on to say, "The company has been overwhelmed with interest from potential partners, investors, the retail community and others, and despite the success of Snorenz and the other product line, It's my feeling that this, yet unnamed product is going to define Northstar's future even before it is released to the public."
This announcement comes at the end of an extremely busy few months. Currently Northstar has been shipping additional product to retail chains and distributors gearing up for release to shelves on the national level, and although that benchmark in the company's history was originally expected to happen almost a year ago, Northstar would like to assure shareholders that the result will be worth the wait. The company originally planned for release as a promotional display product, but because of solid sales and customer demand, will end up going straight to permanent homes in the shelf plans of some major retailers. Additionally, the company has been in the middle of auditing it's books for the past two years to become fully reporting, a daunting task that the company hopes to have completed by the first of the year, so it can be released along with the 2013 annual disclosure.
Month after month Northstar's sales continue to grow, and the company continues to gain position for what it hopes is a sprint to the big leagues of alternative healthcare products.
About NorthstarNorthstar Global Business Services is dedicated to producing the best alternative healthcare products to the world. The company's varied product line includes Snorenz®, Snorenz Night Time (TM), Good Night's Sleep®, Stem-Intense, and Health Enrich for Pets(TM). Most of the company's products use a unique or patented spray delivery system, and all have received rave consumer reviews all over the world, selling millions of units from 1996 to the present. For more information about Northstar, Contact Investor Relations at 1-877-571-4387 or Email: investors@northstarbb.com
DISCLAIMERThis Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE Northstar Global Business Services
chugit, so sorry to hear about your brother. my most sincere condolances. best wishes to you and your family.
rocky, yes it may seem a little hard to believe, but i have also seen the health-enrich for pets work wonders on my 9 year old lab w/arthritis in his hind legs, he started acting like a puppy and playing alot more after starting him on the product, i thought it was a fluke also. i ran out of product and once again he started to moan and groan all the time, i bought 2 more bottles and will never run out again due to the fact i love my lab(buddy),and will hopefully never be in pain again. after approx. 2 weeks of giving him h/e for pets he is playing and not moaning at all. so in closing i also see for a FACT that this product works. go $$MDIN$$....
seems like the bait is dangleing to see if there are any bites. well today there were 18million bites on this dead fish, lmao....
as far as the float and outstanding shares are concerned, nick can be held liable for posting wrong info as per new promotional laws. imo, he knows this and would not put them out if he KNEW they are not true #'s.....
Nick Chieco CEO?@MedGenInc23 Oct
Hello all, quick update: current share structure 10/23/13: 236,986,082 float, 701,286,082 outstanding. See otcmarkets for info & disclaimers
Nick Chieco CEO?@MedGenInc 23 Oct
ERROR CORRECTION: from earlier today: Float 236,986,082 float, should have been 238,986,082, we apologize for the typo.
as you posted, you stated that if dd is done it will show delays, imo you are 100% right. but, when the dd is done you will also see(proof)that with the delays you will also see that those delays were fulfilled. if you say that there have been many that have not been filled, then i will say that they are delays and there is no proof that they will not be fulfilled. so until you have proof that delays will not be filled that nick has said, please sit back and see what happens, thanks. g0 $$MDIN$$....
i really should not, but i bought another 500,000shares, im very happy about that. thank you whom-ever sold them to me. $$MDIN$$ is being sold into strong hands. im one of them. i can wait till the buy-out, brick and mortor, or what/when-ever..... go my mini google/$$MDIN$$....
now that would be pretty darn good, lmao
so, can someone tell us why someone bought 550,000 shares today? im still vested here and would like to know whats going on with company.... thanks in advance....
its all about timing right now, when nick is ready to let the news out he will, and from past letters from nick, the shorts are going to pay big time. he is/was pissed with all the minipulation going on here to the point where he started to buy-back shares. im guessing it was just to much that he had to play by the rules and the MM's didn't. now that $$MDIN$$ is closer to showing its real colors we will all be very happy with the results. im long and strong, go $$MDIN$$....
Market Wide Quotation and Trading Halt for All OTC Equity Securities
On Thursday, November 7, 2013, the Financial Industry Regulatory Authority, Inc. (“FINRA”) halted trading in all OTC Equity Securities pursuant to FINRA Rule 6440(a)(3). FINRA determined to impose a temporary halt because of a lack of current quotation information. Therefore, FINRA has determined that halting quoting and trading in all OTC Equity Securities is appropriate to protect investors and ensure a fair and orderly marketplace. The trading and quotation halt began on Thursday, November 7, 2013, at 11:25:00 a.m. E.T. FINRA will notify the market when trading may resume.
Contact Information: Questions regarding this notice can be directed to: FINRA Operations at (866) 776-0800.
http://www.otcbb.com/news/2013/GeneralNews/110713.stm
for your information, there is a system wide problem with all exchanges today, hopefully fixed soon. must be due to twitter.... lol..... go $$CLNP$$....
i apoligize to most here for telling all to look at the tweets, i should have known that someone would take it out of context and post to their own self-serving agenda. if it is viewed from the eyes of an excited ceo who only wants to inform his investors of what he knows that he can inform them of, then it will be viewed in the right light. thanks to all but 1, go $$MDIN$$....
cldbloodwrmwallet, thank you for pointing that out, i fixed it as you can see now, i do not have pm here on ihub. i am willing to wait another 4-8 months for $$MDIN$$ to come together. but from what i see it is going to come together before that. good luck to you and all. go $$MDIN$$....
when the quarterly and 2 year audit comes out by december 31st, that is when $$MDIN$$ is going to start to raise eyebrows. i was going to post some good posts from twitter that nick has up-dated us on but there were to many, so if you want go to twitter, click on nicks picture, then go to full profile and you can read what he has posted as up-dates. there are some projections that have not come through yet, but there are more positive facts that have. especially the ones about being sold-out on amazon and sending 10,000units a month. read for yourself. by the way, if "bjames" is reading this, please request a review to post again. long and strong here. go $$MDIN$$....
where is the down-side of this tweet?
Nick Chieco CEO?@MedGenInc 58m
Sales continue to climb, and so does interest from many many strategic partners.
nick is like a lil kid, when he gets excited about something he needs to tell someone. well we are the someone's. he not pumping, he knows that not a bunch of people read his tweets, its mostly ihub users that know about his twitter account. i know he shouldn't tweet useless stuff, but imo, i love it. its a little up-date that things are going very good in the $$MDIN$$ world.... go $$MDIN$$....
imo, $$MDIN$$ is not going to rise to much without any news coming out, im hopeing it stays in this range for the flippers to get out and shares bought up by stronger investers. good luck to all, go $$MDIN$$....
i would also like to point out that it took from the announcement of putting products on QCI Direct,approx. 3 weeks to product showing up, so, imo, seeing that nick is also growing with $$MDIN$$, all of his announcements will come to fruitation alot quicker after he puts it out there. im sure the next time nick gives some kind of update or pr it will be true to his word. looking forward to the next 3-9 months. its all coming together as nick chieco has said, go $$MDIN$$....
i also must point out that every time it was asked to show some/any kind of proof that $$MDIN$$ is any kind of a scam, it was not pointed out. i aggree that the pps is not where i think it should be, but once again its a re-start company by a ceo who is growing with the company he is running. did he speak prematurely-yes, did he learn from his mistakes-yes. we have a diamond that is shaping up very nicely here, and i am glad i am hewre to see it, long and strong, go $$MDIN$$....
hey king, no problem. it takes about a week or so to take full effect. it did with me. healthenrich for pets also takes about a week to full effect that i noticed for my lab. good luck with the night time snorenz, and please post results that you have from using it. thanks. go $$MDIN$$....
good question, i didnt even relize till about a week later that i was getting the ache's again after the work-outs. then till i started taking it again it took about 4-5 days till it started working again, but no physical effects, or anything i noticed except the aches after the work-outs.... go $$MDIN$$
im not so sure it was a promotion of any kind, imo it was just an up-date of facts. nick is not speculating on things that are not in his controll anymore. which shows me that he has grown as a ceo and is stating facts. i am so happy that i bought more in the trips, and im also very happy with that tweet. QUADDROUPLED, he said. which i beleive is fact. go $$MDIN$$....