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I could get used to this slow but steady climb of pps since Wednesday last week
Looks like market awareness and market interest is increasing slowly, which is good.
Now, MDFI, cut down your costs asap to financially back up this upward trend for the sake of the company and all shareholders!
Mit
you should wrap this up in an email to Elite - and tell them, this is just a summary of many investors like myself! I am 100% with you!
Mit
just a slight increase in volume but no effect on pps - as if there was no report released yesterday. So we need news - and good news to move things here.
make it happen MDFI!
Mit
I have posted this before: Elite confirmed to me that multiple news and announcements will be made within the next couple of months!
Let's see whether they keep their statement - it would definately do good to the pps
Mit
yes, Delta, FB likes in an official financial report is unprofessional - totally agree. As I said let's see how they can close the year. And in respect to becoming profitable, they have still a long way to go, and they definately need to cut down their expanses - that's for sure!
Will we continue green today? Not sure abou this.
Mit
why is everybody talking the report results into the negative?
They have increased revenue and profit, they have decreased liabilities, they have increased number of subscribers to 15K, so they are very well on track according to the overall company goal for 2011.
Only real critical point to me is the very high expenses which doesn't seem to be in line with the increase of the other indicators. So I think management and consultants are getting too much money regardless of the company results. This is something where I share your concerns. So I think its too early to call this stock a disappointment - I will wait until end of this year to compare 2010 figures with 2011 firgures and then we all shall be able to do a proper evaluation of whether it is worth to stay invested or not - JMO;
Mit
Elite just confirmed to me that the report will be released today!
Just to stop speculations here
Mit
ja, dir auch viel Glueck
sooner or later we will all be lucky here with MDFI IMO!
Mit
very low volume no one wants to make a move!
looks like report won't be released before stock exchange closes today.
Mit
they like to build up tension it seems
Is this a good sign or a bad one? Afraid of releasing bad numbers and hence prolonging the current level activities to the utmost, or? What could be a reason to withhold real good numbers and news as long as possible?
What do you think MDFI community?
Mit
well, plus 7,14% for the week - far away from what I was hoping to see; but a climb is a climb
so Monday is going to be the day! good or bad - that's the big question
Have a nice weekend everybody!
Mit
MMs bringing it down again with just few hundred shares traded!!!
I will never understand why...
Hope we can close green again; if this whole trading scenario is reflecting the figures to be released either today or Monday, well, then it's going to be real bad IMO!
But hopefully nothing leaked through and everybody is just sitting under tension and waiting.
We will see.....
Mit
not really much happening today
looks like they really wait until Monday - bustards
Mit
if I read things right, ASK is on 0,0036 this morning (pre opening) - looks good to me
Mit
hmm, too little volume to be a really good day - but better green than red
Tomorrow is going to be an interesting I think!
Mit
yep - and off we go
closing on this niveau today and brilliant Q-figures tomorrow - and champagne for all of us...just let me live that dream for a minute, ok?
Mit
no delta I meant the 0,0029 trade with 1000 shares!
as long as we are back at 0,003 everything is fine! If it is 0,03 - well even better
Only the forecast for pps in about twelve months
Mit
oh gosh - MMs again? bringing it down with 1000 shares which are worth a whopper? Can't believe this!
Come on market - don't let yourself be fooled around here!
Mit
well, this is what I said - selling into the bid or buying from the ask, so we have a mutual agreement
And until now it looks like buying from the ask - hope this can be maintained through out the day!
Mit
and by the way:. someone was talking about decrease of selling power here today!
Well, folks, correct me if I am wrong, but IMO there can not be any selling power with increasing pps. So we have buying power today as no one would sell shares for a lower price than bid. So we see buying from the ask now and not selling into the bid, correct?
And this I call an enormous improvement of overall pps trading scenario compared to mayn, many last weeks.
Mit
I would bet quite some money on MDFI bringing out the Q-numbers tomorrow instead of Monday! Just out of my guts - I think to recall that they liked spreading news on Fridays - we will see
Good to see that the infomercials news gave some positive kick to pps and trading of shares in general.
Mit
well, at least this PR might bring us back to last Mondya's closing level 0,0028 - what a gain
I wrote to Elite already that this is not the kind of news we want to see and pps would need to climb. It is again all about intentions and advertizement - no results, no numbers...as usual.
Elite confirmed to me that they will let Kevin know, and they confirmed the next Q figures to be released on or before 15th!
Mit
same for me cpner49er - please share the feedback you receive with us. I have even more shares
Mit
well, I don't want to talk for Europe here - but at least in Germany we are still far away from any kind of electronic medical health records being held by the individual people. The most you can expect here at present is those organic donation passes that maybe 10% of the people are carrying around in their pockets (like myself). But to have your health record on file in form of a USB-Stick or something like that is yet far away from happening.
So that was spoken for the public. However, the strength of this product IMO lies in unifying groups of people like the Army or all police men or all firemen or all governmental employees etc.
Here I see possibilitzies to at least attract attention. So what I mean is: huge private or governmental employers should be made aware of such product. On the other side I am pretty sure that there is quite some European companies offering the same kind of thing - so I am not quite sure whether MDFI woould have a chance to enter the German market - but if they had a good sales team, they would definately (or should definately) give it a try!
Mit
sounds like quite decent news I would say!
Generating mass awareness of MDFI products is definately the right direction to steer to! A one year period and implied contracts with various media companies is an excellent start. Of course it is only an intention for now and not posting of facts and results (as usual), but this time I rate this as a smart step with lots of potential implied. It has to be seen long term (as we have all agreed on anyway more or less) - but overall a good start and hopefully good enough to stop the downward trend of pps. Now good numbers on Monday and we might see a trend reversal here!
Mit
well, I feel honored But what does this mean in particular in respect to duties, responsibilities and of course rights on the other side? And will it help the pps to go up again? (just kidding
)
Mit
yep, too bad - I was really hoping to see at least a little run up in anticipation of good numbers coming out next week. But obviously you were right in saying, that no one is willing to invest and more in expectations here. So further down we go and what are the options?
If figures being released next week are disappointing or just below expectations, pps will fall into oblivion.
If they are as good as expected - well, I gues it will still not be enough to reverse the pps trend but maybe just stabalize on this fairly low niveau.
So in other words, IMO, numbers need to be extremly good and well above any expectations to generate a small run in the direction of 0,007 maybe - but I do not expect anything more than this. At least not until end of this year.
Mit
shit, it really goes even further down. Well, stepped in a bit too early it seems.
Mit
in this very point I am 100% with you gamechanger;
in respect to your prediction of future pps, I do not back this up.
Mit
you are welcome that means that you can buy 3,6 mill. at 0,003 - and I have just bought 3 mill from that package at 0,003
I do believe in an imminent upward trend!
Mit
I have addressed my concerns about certain statements here on the I-Hub to Elite in respect to further dilution, Kevin not caring about anything and so on. Here is what Elite responded back to me. Maybe that clarifies some things here and maybe it can be seen as a positive statement over all.
quote:
"Both Kevin and Lyle Hauser are under a six-month lock-up agreement which went into effect in July, pursuant to the latest stock purchase agreement with the latest equity financing completed, so they are not permitted to sell any shares. And, I can assure you that they have no interest in selling their shares. Last year in June, the Company raised $1 million from outside investors. In June of this year, the restriction, pursuant to Rule 144, was lifted, so I think it’s a good bet that some of those investors may be selling – although there is no way to confirm. Elite has accepted restricted shares in lieu of cash compensation from the Company – we could not sell any shares even if we desired to, which we do not.
Hope this helps address your concern." end of quote;
Mit
so only an unexplainable micro-spike; however, was a nice deviation from the routine
Mit
indeed - not the kind of opening we witnessed for the last many, many days - haven't heard anything yet from Elite about news or announcements. So let's hope that there is something behing that spike.
Mit
wishful thinking! But I hope so too
Mit
for now the bouce back is in the wrong direction!
Mit
-20% for the week!!!
and we willgo further down now that the 0,003 level has fallen!
Mit
ok, my mistake of misinterpreting your statement - sorry for that. I suppose it is merely wishful thinking that the overall situation is not THAT bad as being drawn by you and some others - but obviously it is
But how can you sell 8 mill. shares without no one buying them? That doesn't make sense to me. If shares are dumped, someone needs to buy them, as otherwise there would be no volume traded - or am I wrong?
Mit
you name it! Please write this to Elite - the more pressure being put on them to start action the better!
Mit
it was actually 10 mill., and why do you think they got dumped instead of just traded?
IMO volume is picking up as we are approaching 15th Aug and expectations are getting higher. In addition pps could still maintain the 03 level - at least for today.
Mit