Statement from Nik:
Dear Tom
Following my earlier message to you, please find below as much explanation as I can give at this moment in time.
I honestly cannot reveal the names we have uncovered yet, but once we know they are no longer in a position to attack the share price I will bring you up to date.
We have for a while suspected that all was not right with some of the issues surrounding our PPS. Whilst many attributed this activity to insiders and employees this was honestly not the case.
We have now had it confirmed that individuals known to Medify, have been behind the activity we have all recently witnessed. We have had it confirmed to us from our US contacts that large amounts of selling have originated from Canada. On suspicion that the people involved were well known "pump and dump" specialists, reversing a company, pumping it's share price skywards and then dumping it, leaving the company to die, we asked our contacts to dig a little deeper. They confirmed our suspicions with the identities of the individuals.
In order to deflect attention away from themselves and onto Medify and its management some of their activity has been to raise uncorroborated issues around Medify. This drives down moral and then, surprise surprise, and email arrives from Bellwether recommending another fantastic opportunity. Our long term shareholders should be asked if they remember Bellwether and its associations?
The reason we could identify these individuals is the modus operandi. They pump a company, then kill it's share price and then keep shorting/selling pressure on a daily basis to maintain a very low PPS. They then work blog boards to recruit the shareholders, form email traffic with them and then try to interest them in a new company. Sell your shares in x and buy y. Hence the emails received today. This really did drop the last piece into place, and obviously some have follwed ready for the next prime candidate.
The reason we have placed so much focus on this board in recent weeks is that we could see it happening. And we tried to stop it. Filing the 15c211 is the first major roadblock to these individuals. The 15c211 gives full disclosure on all company activities, that is why it has been so important to them. As they say, history will out.
We tried to make people aware of what was happening by the shorting investigation. Unfortunately the inference was used against us.
In the end, all I could do was cut communications. I am more than happy to talk to this board as regularly as necessary, but whilst it remains an anonymous forum I am absolutely NOT going to take attacks against the personnel and the company lightly.
The most obvious question will be - Why didn't you tell us this before. We could have worked together.
The answer is simple. I have no way of identifying who we are talking to and therefore cannot pass out confidential information. Additionally, I know we can never please everyone. And I can live with that, as long as those disappointments are expressed in an adult, constructive manner. As an example, one shareholder asks for your email address to privately reveal why Medify is such a scam, and further deflect attention to the management. Incredibly, you all receive an email from Bellwether. Two years in and we are all still learning, BUT, Medify is still here, taxes paid, product gaining momentum in the market, orders building and moving forward. But, the advice is to move your investment (which they have already killed once) into an email promoted stock from a company with true p&d credentials. This is from a loyal shareholder?
To those that ARE true shareholders and have expressed their anger with us, I honestly do want to do whatever we can to improve the situation. I'd love to work with you all, but this has to be a two way street. I'm not going to sit and read the type of comments that have been posted in this forum in the past and then carry on all sweetness and light.
So we are now at a position of choice. Unfortunately today, many of you have experience on a small scale what we have been dealing with over recent weeks on a much wider basis.
If you'd like to work together, then I make no effort to hide my email address. Write to me, and even better, contact me on a proper email address, not an anonymous one and I'm sure we can have a positive impact on the current position. Medify is gaining pace, and we're working hard to get over the damage that has been inflicted on the company and its shareholders.
And lastly, I really like the suggestion of a product demonstration video and am looking at making that happen. If working with IHub can deliver superb input like this suggestion then I hope we can form a strong relationship.
I hope this helps, as there is little more I can offer.
With Best Regards to you all
Nik
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