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i didn't know if anyone saw this tweet, i re-post it because nick deserves to be heard. he tweets to keep in-touch with his share holders. so here it is............ Good Evening all. What a day! Finally the good guys come out on top. Have a great weekend!
Nick Chieco CEO?@MedGenInc
MDIN Share Structure, Share Buyback, and Company Details
Share Structure:
Outstanding Shares: ....... 402,319,415 a/o Feb 28, 2013
Float: ............................. 238,086,932 a/o Feb 28, 2013
Authorized Shares: .... 12,500,000,000 a/o Jan 04, 2013
*** It is important to note that the authorized shares of 12 billion is in the process of being reduced to 999,999,999 shares. This has been released in a PR.. Link to PR
Share Buyback:
On February 27th, 2013 MDIN announced an aggressive buyback strategy in the works that started that very day. The company's plans are to buyback 100,000,000 shares on the open market, thus decreasing both the float and the O/S by 100 million shares. MDIN noted in the PR that they will either buy 100 million shares, or get the share price up to 0.10, whichever comes first. MDIN did also mention that they will buy up to 200,000,000 shares on the open market if necessary. They will wait and see how the original plan phases out.
MDIN began the share buyback on the 27th, buying back a few million shares. They continued to add shares on the 28th and March 1st, with plans to ramp up the buyback on March 4th. The company is buying these 100 million shares on the open market, and then retiring them. These shares cannot be flipped or sold back on the market. Just imagine how thin the L2 will be once they are done. The company plans for the buyback to a last a couple weeks, ending with a promotion campaign on March 10th to attract new investors to the stock.
Here's what the new share structure will look like when the buyback is complete: (ROUGHLY)
Outstanding Shares: ... 302,319,415
Float: ......................... 138,086,932
Authorized Shares: ..... 999,999,999
Company Details... Who is MDIN:
- MDIN distributes its StemIntense and Snorenz product lines all over the United States
- The products sell nationally on the shelves of Walmart, Walgreens, Target, Rite Aid, CVS, etc
- MDIN leaked the fact that they will take in $5,000,000 in revenues for Q1 2013
- The company is working on international contracts, and is in the process of finalizing them.
MDIN Share Structure, Share Buyback, and Company Details
Share Structure:
Outstanding Shares: ....... 402,319,415 a/o Feb 28, 2013
Float: ............................. 238,086,932 a/o Feb 28, 2013
Authorized Shares: .... 12,500,000,000 a/o Jan 04, 2013
*** It is important to note that the authorized shares of 12 billion is in the process of being reduced to 999,999,999 shares. This has been released in a PR.. Link to PR
Share Buyback:
On February 27th, 2013 MDIN announced an aggressive buyback strategy in the works that started that very day. The company's plans are to buyback 100,000,000 shares on the open market, thus decreasing both the float and the O/S by 100 million shares. MDIN noted in the PR that they will either buy 100 million shares, or get the share price up to 0.10, whichever comes first. MDIN did also mention that they will buy up to 200,000,000 shares on the open market if necessary. They will wait and see how the original plan phases out.
MDIN began the share buyback on the 27th, buying back a few million shares. They continued to add shares on the 28th and March 1st, with plans to ramp up the buyback on March 4th. The company is buying these 100 million shares on the open market, and then retiring them. These shares cannot be flipped or sold back on the market. Just imagine how thin the L2 will be once they are done. The company plans for the buyback to a last a couple weeks, ending with a promotion campaign on March 10th to attract new investors to the stock.
Here's what the new share structure will look like when the buyback is complete: (ROUGHLY)
Outstanding Shares: ... 302,319,415
Float: ......................... 138,086,932
Authorized Shares: ..... 999,999,999
Company Details... Who is MDIN:
- MDIN distributes its StemIntense and Snorenz product lines all over the United States
- The products sell nationally on the shelves of Walmart, Walgreens, Target, Rite Aid, CVS, etc
- MDIN leaked the fact that they will take in $5,000,000 in revenues for Q1 2013
- The company is working on international contracts, and is in the process of finalizing them.
Saturday, March 02, 2013 7:52:06 AM
Post # of 34377
MDIN top 10 reasons
Why I have invested so heavily into MDIN and continue to add more every week.
1) MDIN retires another 100 million of restricted stock and starts a buy back a minimum of 100 million shares of the float on the open market.
On Thursday MDIN started buying back shares on the open market and plans to by at least 100 million shares but could buy as many as 200 million. Next week the buyback process will ramp up through multiple MMs.
2) On Friday MDIN cancelled 100 million restricted shares lowering the O/S to 402 million.
3) All issues with NV will be resolved by March 15 and the paper work to remove the chill will be submitted at that point.
4) CEO has reported almost 5 million in revenue has come in this quarter so far. Soon to be announce in a PR.
5) Announcement of new pet products with large retailer agreement coming over the next few weeks.
6) Roll out of Snorenz and Stem-intense product continues to grow in the large box retail store across the US and now moving into international markets.
7) Plans to up list into a better Market OTCBB or even NASDAQ.
8) New products in development to compete with Cold-eze to help people recover from a cold and flu faster. Its power to rebuild the immune system coupled with its anti-oxidant, anti-inflammatory properties makes it a powerhouse for fighting sicknesses both viral and bacterial.
9) Great communication from MDIN CEO and leadership keeping shareholders up to date. Answers emails daily, tweets, on a regular basis, and delivers on what they communicate.
10) Great group of shareholders that want to see this company grow and be successful. Many Longs holding over half of the float and do not plan to sell until the company reaches it goals.
dangusbeerbelly
Saturday, March 02, 2013 7:52:06 AM
Post # of 34377
Why I have invested so heavily into MDIN and continue to add more every week.
1) MDIN retires another 100 million of restricted stock and starts a buy back a minimum of 100 million shares of the float on the open market.
On Thursday MDIN started buying back shares on the open market and plans to by at least 100 million shares but could buy as many as 200 million. Next week the buyback process will ramp up through multiple MMs.
2) On Friday MDIN cancelled 100 million restricted shares lowering the O/S to 402 million.
3) All issues with NV will be resolved by March 15 and the paper work to remove the chill will be submitted at that point.
4) CEO has reported almost 5 million in revenue has come in this quarter so far. Soon to be announce in a PR.
5) Announcement of new pet products with large retailer agreement coming over the next few weeks.
6) Roll out of Snorenz and Stem-intense product continues to grow in the large box retail store across the US and now moving into international markets.
7) Plans to up list into a better Market OTCBB or even NASDAQ.
8) New products in development to compete with Cold-eze to help people recover from a cold and flu faster. Its power to rebuild the immune system coupled with its anti-oxidant, anti-inflammatory properties makes it a powerhouse for fighting sicknesses both viral and bacterial.
9) Great communication from MDIN CEO and leadership keeping shareholders up to date. Answers emails daily, tweets, on a regular basis, and delivers on what they communicate.
10) Great group of shareholders that want to see this company grow and be successful. Many Longs holding over half of the float and do not plan to sell until the company reaches it goals.
great post, this has been nicks plan from the get-go. i tried to find the letter he wrote to his share holders but can not. everything he has said has come to fruitation. he and ray are up-front on their plans and follow through with them. they did say they are working on the chill and it will be removed and i know it will be removed. evrything they are doing has been told to MDIN's shareholders at one time or another. so the proof is in the pudding. im in @.0002 and chased up to .006, i am very happy with my position and holding strong for a long time. i will be at the party when krystian has one, because he is paying and i love free parties. lol.......................good luck to all. $$$$GO MDIN$$$$
im in mdin @.0002 and chased it up to >0027, alil over 8mil shares. im going to check out axlx and see what my dd gets me. i just might get a starter here.
thats great, good for you. hope you are long cause mdin is a great play. if you can get the word out, most investers need a good play and these two seem great. mdin needs ask slapping. gltu and yours........
the play of the year is...........mdin....no dilution promised for 24 months, share buyback as i write, over $5 million in revs 1stq, up-front ceo, and it gets better. come take a look. it really is amazing.............$$$$$$$$$$$
if you do not respond to them, they will go away. mdin is a monster that has been let loose. with nick chieco at the controls, and ray barton as his right hand, mdin will have absoulutly no worries. i have been with mdin a long time, when ray was at the helm he was also very forthcoming but just had troubles, financial and economic. now, there is no stopping what nick and ray want to accomplish. go mdin, this is all jmho.
not only the that, but from tuesday mdin had 377 followers, now there are 394 followers. thats 17 new bank accounts that are buying up these cheapies. koodoos to those newbies, you are getting here at a great time. imo, do your dd and you will sell other stagnent stocks and buy more mdin. glta. this is a winner.
MDIN on top read boards. Getting some exposure. nice
new tweet...............
Nick Chieco CEO?@MedGenInc
Thank you everyone for the influx of positivity. We will be accumulating slow and steady until we reach a reputable level.
new tweet...............
Nick Chieco CEO?@MedGenInc
Thank you everyone for the influx of positivity. We will be accumulating slow and steady until we reach a reputable level.
there were 377 followers yesterday morning, now there are - Followers: 389
only great things from here$$$$$$$$go mdin$$$$$$$$$$$
and this is from todays pr............
Northstar announces aggressive share buy-back and cancellation program to reduce outstanding securities by up to 200 million ...
Date :02/27/2013 @ 9:30AM
Source :PR Newswire (US)
Stock :Northstar Global Business Services, Inc. (PC) (MDIN)
Quote :0.0045 0.0013 (40.62%) @ 5:01PM
Northstar announces aggressive share buy-back and cancellation program to reduce outstanding securities by up to 200 million ...
Northstar Global Business Services, Inc. (PC) (USOTC:MDIN)
Intraday Stock Chart
Today : Wednesday 27 February 2013
HOLBROOK, N.Y., Feb. 27, 2013 /PRNewswire/ -- Northstar Global Business Services, Inc. Symbol (OTCPink: MDIN), today announced that it has started implementing an aggressive strategy to tighten up its share structure and decrease its outstanding shares by a minimum of one hundred million shares, and a maximum of two hundred million shares. The decrease will take place through a combination of share purchases in the open market, and cancellation of certificates currently issued but not yet deposited. By doing this, the company hopes to aid in the increase of its share price to levels that better represent the success of the company.
Northstar's CEO, Nicholas Chieco explained, "It's truly ridiculous for us to be trading at these prices considering how much we have accomplished, so by buying back as much as a hundred million shares in the open market, we can eliminate any dilution caused by old restricted stock certificates that have become free trading in the past six months, and then some. By making deals to cancel another hundred million restricted shares that are out there, we can avoid that dilution from ever happening again." The company plans to acquire shares in the open market up to a price of about ten cents, or a hundred million shares which ever comes first.
Once purchased and in the treasury, the company will cancel most of the shares, keeping only a small amount, about a quarter of them, available should the company need to fund inventory or equipment purchases in the future. "It's just smart business to keep some shares in the treasury. Registrations are time consuming and costly, so having some shares set aside assures us that if we run short of capital for any reason, that we have the collateral to secure investor funding. It's basically insurance so that we don't miss out on any unexpected opportunities in the future," Mr. Chieco added.
In addition to the share purchase, the company has struck a deal to cancel another 100 million shares in restricted equities. Overall the plan should decrease the company's outstanding securities by about 200 million shares and chop the public float almost in half. The company makes it clear that the goal is not only to build a tremendously profitable business, but to continue finding ways to decrease the number of shares in circulation, with the goal of having Northstar in a position to move to a higher market sooner rather than later. Northstar assures shareholders that it will continue along this path, and has only just begun finding creative ways to increase shareholder value.
For more information about Northstar, Contact Jennifer at 1-877-571-4387 or Email: investors@northstarbb.com
About Northstar
Northstar Global Business Services is dedicated to producing the best alternative healthcare products. The most popular products in Northstar's arsenal are Snorenz©, a patented spray for snoring relief and Stem-Intense, a unique stem cell replacement therapy supplement. Most of the company's products use a unique spray delivery system, and have received very positive consumer reviews all over the world, selling millions upon millions of units from 1996 to the present.
DISCLAIMER
This 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, Inc.
Copyright 2013 PR Newswire
imjtw2u
Wednesday, February 27, 2013 7:48:47 PM
Re: None
Post # of 33259
for those that do not like to look at the stickies, this is from the last pr on 2/14/13..............
Northstar announces that its products are on shelves, and national rollout is ahead of schedule.
Date :02/14/2013 @ 9:30AM
Source :PR Newswire (US)
Stock :Northstar Global Business Services, Inc. (PC) (MDIN)
Quote :0.0045 0.0013 (40.62%) @ 5:01PM
Northstar announces that its products are on shelves, and national rollout is ahead of schedule.
Jan 2013 to Feb 2013
Quote:
--------------------------------------------------------------------------------
HOLBROOK, N.Y., Feb. 14, 2013 /PRNewswire/ -- Northstar Global Business Services, Inc. Symbol (OTC PINK: MDIN) announced today that the rollout of it's products to retail store shelves is now ahead of schedule. In fact, products are currently on about 5-10% of contracted store locations. As expected, Northstar began shipping products by January 1st of 2013, and initial national roll-out, was expected to take about a year, which would make Northstar's products available from coast to coast by January of 2014. This timeframe has now been cut in half and is expected to take place in just a few short months. By as early as June of 2013, Northstar expects 100% of currently contracted store locations to be carrying Snorenz, and possibly Stem-Intense as well.
According to Northstar's contacts at several major retailers, like Target, Rite-aid and Walgreens, the products are in line with several thousand other new products and are slowly being added to store shelves, with sales already underway. Additionally, Northstar is working on removing the non-disclosure agreements in place with its largest retail clients, allowing them to publicly state contract details to shareholders.
Northstar's CEO, Nick Chieco commented, "Full roll out of our products at major retail is well underway and we couldn't be happier. The larger chains like Target, Rite-Aid and Walgreens are giving us June-July timeframe for nation-wide fulfillment of new products, which is absolutely amazing. We have also confirmed that we will be added to the websites of several of these large chains as an online direct to consumer sale, which adds a tremendous amount of exposure and distribution potential. For example Walgreens.com alone gets millions of visits per week. Being available on several of these is a game changer"
Additionally, Northstar would like to confirm changes to its company's share structure planned for the 2nd quarter of 2013. The company has already taken steps to decrease the authorized shares from 12,000,000,000 to 999,999,999, and has already decreased the outstanding by over a hundred million shares with more to come.
"These decreases are a big step for our shareholders, and we want to once again confirm no intention of any serious dilution or weakening of our share structure. Tightening up our share structure and decreasing the number of outstanding shares is our goal, and we hope it shows our shareholders that we are sticking to the plan," added Mr. Chieco.
The company concludes that if its products are not on your local store shelves, you can expect that they will be very shortly. In the mean time consumers are encouraged to visit www.Medgeninc.com to purchase Northstar's products, which are also available at www.Amazon.com.
For more information about Northstar please call Jennifer at 877-571-4387 ext. 4 or email investors@northstarbb.com
DISCLAIMER?: This 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, Inc.
for those that do not like to look at the stickies, this is from the last pr on 2/14/13..............
Northstar announces that its products are on shelves, and national rollout is ahead of schedule.
Date :02/14/2013 @ 9:30AM
Source :PR Newswire (US)
Stock :Northstar Global Business Services, Inc. (PC) (MDIN)
Quote :0.0045 0.0013 (40.62%) @ 5:01PM
Northstar announces that its products are on shelves, and national rollout is ahead of schedule.
Jan 2013 to Feb 2013
HOLBROOK, N.Y., Feb. 14, 2013 /PRNewswire/ -- Northstar Global Business Services, Inc. Symbol (OTC PINK: MDIN) announced today that the rollout of it's products to retail store shelves is now ahead of schedule. In fact, products are currently on about 5-10% of contracted store locations. As expected, Northstar began shipping products by January 1st of 2013, and initial national roll-out, was expected to take about a year, which would make Northstar's products available from coast to coast by January of 2014. This timeframe has now been cut in half and is expected to take place in just a few short months. By as early as June of 2013, Northstar expects 100% of currently contracted store locations to be carrying Snorenz, and possibly Stem-Intense as well.
According to Northstar's contacts at several major retailers, like Target, Rite-aid and Walgreens, the products are in line with several thousand other new products and are slowly being added to store shelves, with sales already underway. Additionally, Northstar is working on removing the non-disclosure agreements in place with its largest retail clients, allowing them to publicly state contract details to shareholders.
Northstar's CEO, Nick Chieco commented, "Full roll out of our products at major retail is well underway and we couldn't be happier. The larger chains like Target, Rite-Aid and Walgreens are giving us June-July timeframe for nation-wide fulfillment of new products, which is absolutely amazing. We have also confirmed that we will be added to the websites of several of these large chains as an online direct to consumer sale, which adds a tremendous amount of exposure and distribution potential. For example Walgreens.com alone gets millions of visits per week. Being available on several of these is a game changer"
Additionally, Northstar would like to confirm changes to its company's share structure planned for the 2nd quarter of 2013. The company has already taken steps to decrease the authorized shares from 12,000,000,000 to 999,999,999, and has already decreased the outstanding by over a hundred million shares with more to come.
"These decreases are a big step for our shareholders, and we want to once again confirm no intention of any serious dilution or weakening of our share structure. Tightening up our share structure and decreasing the number of outstanding shares is our goal, and we hope it shows our shareholders that we are sticking to the plan," added Mr. Chieco.
The company concludes that if its products are not on your local store shelves, you can expect that they will be very shortly. In the mean time consumers are encouraged to visit www.Medgeninc.com to purchase Northstar's products, which are also available at www.Amazon.com.
For more information about Northstar please call Jennifer at 877-571-4387 ext. 4 or email investors@northstarbb.com
DISCLAIMER?: This 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, Inc.
new tweet$$$$$$$$$$$$................
Nick Chieco CEO?@MedGenInc
I am happy tell shareholders that very reputable IR marketing has been set up to run around Mar 10-15 to get the word out about MDIN
the flippers are flipping. still a great trading day. lets keep ask slapping. wheres wowza?
i will, and you should look at mdin, and hurry. still cheap enough but not for long, hurry.
what does the pl mean...................
Itronics Inc. (PL) (ITRO)
it has been sugested to bring a bottle with you to your local walmart and scan it by the price check, if a price comes up then - either they have it in stock or they are going to stock it real soon. go $$$$MDIN$$$$
lmao, it only took you 3 years to figure that out....
here is the e-mail...............
Just thought some of you might want to read this .
On Feb 21, 2013, at 10:46 AM, Raymond Barton <ray@pjvc.com> wrote:
Rick.
Let me tell you what we have in the toolbox currently. As you may know from the filing recently, about 70 million shares got away from us and it was unavoidable. That is where VNDM is getting it's power. It seems they are using this power to short against their own shares and instead of just dumping it, they can stretch it out as long as possible. They will run out though and soon.
BUT to fight back we are doing the following:
1-Chopping the outstanding down by 100 to 200 million shares (I can't say how in detail just yet but they will be gone, cancelled, out.)
2-Reducing the authorized by 10X from 12 bil to less than 1 bil - this will tighten it all up and remove the doubt of the potential downside
3-Set money aside to buy back in the open market about 100 million shares, maybe 150 million. half of those will be forfeited and cancelled, half stay in treasury as a safety net.
4-Announce revenue numbers, before the quarterly is due, and you may know already because Nick accidentally leaked that we've done almost $5 mil in revs just this quarter.
5-Announce the launch of the new pet product, major retail support, and like 7-10 million in additional projected revenues. So far all of Nick's predictions have come true...
Being realistic, I think our 2013 annual filing will show 30-40 million in gross revenue with about 30% net which is seriously like a $2.50 stock. I mean come on…if not I don't know what else to do because the world is upside down.
Is it going to drop to .001 before that? Maybe…though doubtful. Will it happen in a day? no..A week? no…A month? Maybe…A year? possibly. But it WILL happen and (technically) already did happen because even with our current revenues (if they were announced officially) we should be in the 25 cent range at least.
So be ready for the press releases which could start as soon as next thursday or that following Monday. They will be an unstoppable barrage of PR over the course of a quarter that should wipe the ground with ETRF, NITE, and [the very hated] VNDM.
i think i can speak for most, we have been waiting for approx. 4 years and we will wait for two more weeks but thats it. we are done. good luck to all..........somewhere else. nothing happening here in two weeks. lmao.
this is one of the stickies up-top, imo this needs to be posted again, and again. all should read this letter...........
Just thought some of you might want to read this .
On Feb 21, 2013, at 10:46 AM, Raymond Barton <ray@pjvc.com> wrote:
Quote:
--------------------------------------------------------------------------------
Rick.
Let me tell you what we have in the toolbox currently. As you may know from the filing recently, about 70 million shares got away from us and it was unavoidable. That is where VNDM is getting it's power. It seems they are using this power to short against their own shares and instead of just dumping it, they can stretch it out as long as possible. They will run out though and soon.
BUT to fight back we are doing the following:
1-Chopping the outstanding down by 100 to 200 million shares (I can't say how in detail just yet but they will be gone, cancelled, out.)
2-Reducing the authorized by 10X from 12 bil to less than 1 bil - this will tighten it all up and remove the doubt of the potential downside
3-Set money aside to buy back in the open market about 100 million shares, maybe 150 million. half of those will be forfeited and cancelled, half stay in treasury as a safety net.
4-Announce revenue numbers, before the quarterly is due, and you may know already because Nick accidentally leaked that we've done almost $5 mil in revs just this quarter.
5-Announce the launch of the new pet product, major retail support, and like 7-10 million in additional projected revenues. So far all of Nick's predictions have come true...
Being realistic, I think our 2013 annual filing will show 30-40 million in gross revenue with about 30% net which is seriously like a $2.50 stock. I mean come on…if not I don't know what else to do because the world is upside down.
Is it going to drop to .001 before that? Maybe…though doubtful. Will it happen in a day? no..A week? no…A month? Maybe…A year? possibly. But it WILL happen and (technically) already did happen because even with our current revenues (if they were announced officially) we should be in the 25 cent range at least.
So be ready for the press releases which could start as soon as next thursday or that following Monday. They will be an unstoppable barrage of PR over the course of a quarter that should wipe the ground with ETRF, NITE, and [the very hated] VNDM.
this just how open the ceo and their team are forth-coming.........
Just thought some of you might want to read this .
On Feb 21, 2013, at 10:46 AM, Raymond Barton <ray@pjvc.com> wrote:
Rick.
Let me tell you what we have in the toolbox currently. As you may know from the filing recently, about 70 million shares got away from us and it was unavoidable. That is where VNDM is getting it's power. It seems they are using this power to short against their own shares and instead of just dumping it, they can stretch it out as long as possible. They will run out though and soon.
BUT to fight back we are doing the following:
1-Chopping the outstanding down by 100 to 200 million shares (I can't say how in detail just yet but they will be gone, cancelled, out.)
2-Reducing the authorized by 10X from 12 bil to less than 1 bil - this will tighten it all up and remove the doubt of the potential downside
3-Set money aside to buy back in the open market about 100 million shares, maybe 150 million. half of those will be forfeited and cancelled, half stay in treasury as a safety net.
4-Announce revenue numbers, before the quarterly is due, and you may know already because Nick accidentally leaked that we've done almost $5 mil in revs just this quarter.
5-Announce the launch of the new pet product, major retail support, and like 7-10 million in additional projected revenues. So far all of Nick's predictions have come true...
Being realistic, I think our 2013 annual filing will show 30-40 million in gross revenue with about 30% net which is seriously like a $2.50 stock. I mean come on…if not I don't know what else to do because the world is upside down.
Is it going to drop to .001 before that? Maybe…though doubtful. Will it happen in a day? no..A week? no…A month? Maybe…A year? possibly. But it WILL happen and (technically) already did happen because even with our current revenues (if they were announced officially) we should be in the 25 cent range at least.
So be ready for the press releases which could start as soon as next thursday or that following Monday. They will be an unstoppable barrage of PR over the course of a quarter that should wipe the ground with ETRF, NITE, and [the very hated] VNDM.
its going to be march madness around here.............go mdin$$$$
$$$$MDIN$$$$, is going to sky-rocket,if you do your dd and see that the float is 240mil, no dilution and o/s is going to be reduced even more. get in and get rich, great products in all major chains... walmart,k-mart, walgreens, cvs.........and lots more. check it out!!!!!!!! can not go wrong.
lol, thats why i said that. i don't begrudge any-one who wants to make a buck. i've said it before "im greedy". im waiting till i make my mark and then im going to sell in drips and drabs to look out for my fellow investers. do onto others...........
i am not worried about making my mark, it just might take a lil longer due to minipulation and flippers and some other b/s. as i said before mdin is my mini google.
good luck to all....... $$$$$$$$$$$$$$go mdin$$$$$$$$$$$$$
is this the run we have been waiting for, or are the flippers going to mess this up again. disher, get your boys not to flip so quick, we all need this to run up a bit so we all can make money. mdin really is ready to sky-rocket, and we are all here for the ride. just kidding disher. wishing all the best here, run mdin run...............
imho, this has been a great start to an exciting week. go mdin.........................
Nick Chieco CEO?@MedGenInc
Ready for an exciting week , everyone?
i know its alot of reading, but imo its very informative and tells a lil bit about our ceo................
MDIN Shareholders from CEO
Shareholders;
It brings me great pleasure to introduce myself as the new Chief Executive Officer of Northstar Global Business Services, Symbol, MDIN. I am very happy to have the opportunity to serve you all, and I am humbled by the responsibility I now have to breath new life into this withering entity. As you can see, we worked very hard to bring the company current with respect to its disclosure statements in order to bring it's OTC Market tier to current pink sheet status. This was not easy, but I feel it was necessary to start with a clean slate. Although, it is likely none of you have heard of me due to my staying away from public entities, I have had a long career in private industry, and I have the knowledge and experience necessary to revive MDIN to a respectable level once again. In my entire career starting and running [private] companies in various industries, MDIN has more potential then I have ever seen. Unfortunately, gambles taken by previous administrations didn't work out, and sent the company into a downward spiral. However, I vow to bring MDIN to its former greatness and profitability using a common sense, strategically thought out, long term growth approach.
For those of you who bought MDIN as a speculative purchase more recently, it's important to look at the company's history before we plan the future. As MedGen,Inc., this company thrived, selling respectable numbers of units of it's more successful products through powerful retail channels. The company Still owns these FDA Approved products as well as non-FDA approved products and the patents and copyrights that go with them. It was a combination of bad timing, poor planning, and a move into "Sexually oriented" products that lost the firm it's retail distribution and as a result, it's shelf space, ultimately reducing the revenue and driving the company to its current state.
A novel attempt by former CEO Raymond Barton, was to merge MDIN with his company in business brokering, taking a "Revenue first" approach to rebuilding. Mr. Barton's approach failed due to two factors. First was the unrealistic conversion arrangements the original management made with a Hedge fund called NIR, an entity now being forcefully liquidated because of criminal wrongdoing by it's founder. These conversion arrangements forced Mr. Barton's hand in diluting the equity unfairly, but after much research we see no further legitimacy in the claims of debt by NIR, and will not issue additional shares to them or a successor under any circumstances. The second factor that hurt the former CEO was economic distress directly effecting his industry. I know it is standard executive strategy to bash former management, but I have known Mr. Barton for many years and he is a brilliant entrepreneur who had a bad hand dealt to him. He is not to be blamed here, and given all the facts, I cannot say with confidence that most professional CEO's would not have done exactly the same thing. Mr. Barton's action did avoid the company from entering into bankruptcy or becoming a "shell" so he is the one who made it possible for us to be here today. For that I thank him.
My approach is simple. First, take inventory of the company assets and utilize the strategy that worked before, while avoiding the pitfalls of the past. My goal is to immediately revive "Goodnight's Sleep" and "Snorenz" so we can rebuild the massive retail channels available to us through my connections and the connections of some of my associates to get those products back on the shelves of retail stores where they belong. A tremendous online sales channel also exists, and we will take advantage of that as well. These products generated a massive amount of revenue for the company in the past and absent a few managerial mistakes that were made, they will do so again. Of course that is not enough. That's only a small step in our new journey, and our biggest leap will come in the production of a new line of products that utilize leading edge technology that extracts newly discovered, all natural compounds, which increase the body's production and floods the bloodstream with adult stem cells!
Yes, after almost thirteen years of research by my associates, and several years of research by independent laboratories, these compounds' effectiveness has been scientifically proven, and the results are nothing short of unbelievable. Imagine healing injuries one hundred times faster, replacing brain cells or regenerating liver cells 400 times faster, actually increasing intelligence, and even growing muscle at a rate of 1000 times faster than normal. Now, imagine these life changing properties being contained in over-the-counter products available in your local Walmart or CVS Drug Store. Lastly, Imagine our company name on the box.
In the coming months I will hopefully be announcing the re-release of our previously successful products, "Goodnight's Sleep" and "Snorenz", new supply and retail sales contracts, and ultimately the release of these new and exciting products, and their move into alternate medicine. It is my professional opinion, as well as the opinion of my associates that a revolution is about to take place whereas natural supplements and Over-the-counter medications using adult stem cell therapy to achieve amazing, proven results is available to every person on the planet.
Using this common sense approach of using existing company assets, to do what we know provides results, and then coupling those assets with new leading edge science, not only do I feel I can bring MDIN to it's previous success, but I believe that we can take MDIN to new heights never even imagined by any of us.
Now, I know you are all anxious. I know a lot of you have lost a lot of money in the equity of this company, and hard economic times have made you desperate to achieve a quick return. However, if we are to really create something of value, I have to ask for your patience and support in this journey. I will be as transparent as I can, and I will work around the clock until I succeed. That's the best I can offer in the way of a guarantee. A personal vow to do my best.
Thank you for reading this message, and God bless you all.
Nicholas Chieco Chief Executive Officer & Chairman Northstar Global Business Services, Inc.
Written in June this year!
if anyone has a lil time to read this post from ray barton please do, it will show how forth-coming he is. this is one of many reasons why i trust ray and nick. its from 2010...............
Wednesday, September 08, 2010 6:42:29 AM
this is from ray's blog..............................
Wednesday, September 8,2010
The hardest part of the job
Hello all,I have to get something off my chest.
The hardest part of my job is not the pressure or the hours. For me it's the few idiots that want to make accusations they cannot back up with fact. I should let it roll off my back, but it's hard sometimes. I might be the only PinkSheet CEO that actually gives a crap. Who else answers emails? phone calls? Posts blogs? twitter? keeps shareholders informed? Show me...I'm curious? I want to see another like myself. Just one. There isn't.
On average I work 12 to 18 hours per day, 7 days per week. I take part in every aspect of the projects I'm involved in from the financials to the actual software development. I am not only CEO of MDIN and Chairman of IFHRD, but I'm also CEO of a project called BlackBoxUniverse.com, and I'm involved as a founder in a bunch of startup projects including a supplement company coming out with a product that boosts stem cell production, all natural organic substitutes for prescription medications, A Medical Billing Solution that will help people without insurance or credit get the health care they need, and several other ideas my team is developing.
Aside from that, I struggle to hold together a 14 year marriage, be there for my four kids ranging from 1yr to 13yrs, Volunteer at least 10 hours per month as a police officer helping people in my community, and do lots of work with several charitable organizations to help people. I try each day to be enlightened, and to live on the level.
I realize there are a lot of motivations for bashing me, there are those that profit from it, those that are just unhappy in there own lives, and those who invested in these companies and lost a lot of money. I understand it, I really do. But it is wrong. I told every shareholder a bunch of times about the dilution in MDIN. I explained it, I went over it. I disclosed it months before it happened. I didn't have to...but I did anyway. I did because I care. Yea, I actually give a damn. Then when the dilution takes place, I am called a crook. I took over a shell with 12 Billion shares and when the bid sits at .0001 for two weeks without a trade I reverse it 30 for 1. What would you have me do? There was NO choice. Granted it should have been done when we took over like IFHR but nobody told anyone to invest in a stock with 12 Billion shares outstanding. I was trying to save what little investment the shareholders had left. Look at MDIN's press releases, look what we have accomplished. How am I thanked? I'm called a crook.
The thing that upsets me the most is that in the pinks, you have no control at all almost. The stock runs or plummets on a whim, and not only do I not know it until it happens, I have no idea why. Everyone assumes I am the one "behind" it! Well, that sucks. I have done nothing but be upfront and give way more information then required. The thanks I get is being called a crook.
I happen to think I am really good at what I do. I am not afraid to say it. I am an inventor, and an entrepreneur. I'm a natural leader and I start companies and take companies that are losing money and make them profitable. I'm good at it, and I love doing it. That's all I can do. That's how I make my money, I don't get involved in buying or selling stock at all. Not one share. I've said it a bunch of times. I don't see how I am a crook or a scammer if I don't get any money from it. I take a small (and I mean small) salary out of company revenues.
All I can say is I am and will continue to work my ass off to make these companies great. They will be great too. They will make money and they will grow. Will I make mistakes? Of course. I'm human. But I will always admit it and I will always be up front about it. One thing I can guarantee is that I will never make a red cent off of one share of dilution period. regardless of what the stock price does, regardless of who sells or who buys. I am telling you all now 1000%, It is not because of me diluting the stock (unless there's a good reason like acquisition).
OK, I had to get that off my chest. I know it won't make a different with these A-Holes that are determined to blame me for their misfortune. But, at least I said it and made it known. If anyone has any questions, please ask. If your call doesn't get through then email me using the form on the northstargbs.com blog.
I wish I could tell you all about our plans for both companies. We are so excited about what we have going on, and what we are building. Both Business and Technology are areas we have really progressive ideas on and I cannot sleep at night sometimes because I am so excited to get to work the next day.
I also want to thank those of you with the supportive words, you guys are all so motivating to me that you do make a difference!
Thank you,
Raymond Barton
CEO
Northstar Global Business Services, Inc.
Posted by Management at 12:08 AM
if you remember, chieco did mention something about a buy-out of mdin in one of his earlier letters of introduction to mdin investers.....
im sure its real funny, but if you got the whole thing it really is great exposure........... Ken Lewis?@ReloadCEO
Finished 22nd. Involved in wreck with 4 laps to go. Was interviewed by a local radio station Friday at the track. Great publicity .[/quote]
thanks, just blowing off some steam. gltu.
why was my post was deleted????????? all i posted was that e-trade changed my status with nfds and you delete my post. i had 6.35mil shares and now i have 130. why would they delete my post. ohhhh, because this is a peice of shit stock that did a 50,000-1 r/s. wtf. i, like many others got screwed. like this is worth a 1.79 now, yeah right. no volumm, we got screwed. go ahead, delete this one too. who gives a shit.
hy my post was deleted????????? all i posted was that e-trade changed my status with nfds and you delete my post. i had 6.35mil shares and now i have 130. why would they delete my post. ohhhh, because this is a peice of shit stock that did a 50,000-1 r/s. wtf. i, like many others got screwed. like this is worth a 1.79 now, yeah right. no volumm, we got screwed. go ahead, delete this one too. who gives a shit.
imo, this is a letter that is worth re-posting.........
Friday, February 22, 2013 11:51:14 AM
Post # of 32027
Krystian, and all,
I am not a frequent poster but I read every single post here. We all have to be careful what we say and not allow our emotions becloud our actions/thoughts. Whoever is reading this post should read the post I am replying to first as I took it upon myself to clarify things, and from the reply I got, Nick knows what he is doing, this is not a "microwave ready made food" company, so let the MDIN guys do their work or take your money and find an instant doubler, tripler, quadrupler, etc elsewhere. I know there will be a million and one interpretations and misinterpretations to it, so it is your money, your decision, and your choice:
Nick's reply:
"Sola,
The product is/has been available and being shipped in the thousands daily. You have to remember that the product is a "supplement" under the guidelines of the FDA and has no expiration date etc. The packaging would be a little different then regular OTC products, and it would be different than the retail shelf product because in direct sales, there's less restrictions. We decided a long time ago to go with no box except for the big stores like Walmart that require one because having no box increases our margins and takes up less shelf space.
Now, also understand this person wants to get 50 pieces for some gym in Canada. A gym he is not an owner of. There's different rules in Canada, and I have to clear legal with that. I cannot just snap my fingers and create an online ordering form at wholesale for one guy in another country. I'm working on deals for 1 million units and this just cannot be a priority. It amazes me when people think a growing company has time to cater to their individual needs. We don't, and we can't. It is a miracle I make the time to email people back at this point, but I think it's important. Eventually, we will get around to him and get him a reseller agreement. He said he wants no commission but it's about more than just the money, there are legal ramifications. Who knows what he told them or how he represented us to them. I can't just ship 50 bottles at wholesale to another country not knowing what is being represented. That's not how business is done. People reading these "posts" need to step back and think about how business works.
In short, when we are all set up to operate in Canada and have wholesale purchasing set up online, we will allow him to get his gym to stock the product. Until then he has to wait like the other 80 people who want to be independent reps and help distribute the product. I am one man with two administrative employees right now…I love his enthusiasm and appreciate his willingness to help, but it just isn't that simple if you want to avoid being sued or shut down.
P.S. He can always contact our sales consultants at Sharper Edge and give them the contact info for the gym, and they can make the sale happen. For us to spend a lot of time on this locally would be wasting shareholder time and money as well as our own.
In closing, we know what we are doing, the money is rolling in, so I know I am right. We have a plan and almost 30 years experience among us. If we do (or do not do) something, there's a damn good reason for it, and it is to benefit you as much as us.
Thank you for the question, I hope this clears it up for you and anyone else who had a question about that.
Respectfully,
Nicholas Chieco
Chief Executive Officer & Chairman of the Board of Directors
NorthStar Global Business Services, Inc.
MedGen, Inc. (Wholly Owned Subsidiary)
A Public Company (PinkSheets: MDIN)
20 Peachtree Ct. Ste 103 | Holbrook, NY 11741
TF: 1-877-571-4387
FX : 1-877-571-6184
nchieco@northstarbb.com"