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More huge dilution, another huge price decline??
I believe the share structure is getting tighter as much as I believe all this,
per his email from about 5 months ago,
Let me just quickly list what our next 60 days looks like:
1-2 Years back fully audited
2-chill totally lifted
3-File for re-listing on the OTCBB (we've only been off for 13 months or so)
4-Removed 300,000,000 shares from the outstanding/float
5-Bought back another 50,000,000 to 100,000,000 shares to be cancelled
6-starting to appear in all the 12,000 stores we are slated for with the big box chains.
7-Announce the pro-forma projections for next two quarters to include European sales.
8-35% to 50% increase in revenue over the past quarter and a 15% increase in profit margin.
9-Possibly a major celebrity endorsement with product placement on national popular weekly TV show.
This is just the current quarter. Imagine were we will be after that? We just need to be patient while we get over these humps. Then our true value will be apparent.
As soon as the chill is lifted we will be doing a massive ad campaign to get investor interest and tell people about MDIN. If that doesn't do it, then the world must be coming to an end.
In conclusion, there will be a massive reverse split within a year and a half. In MDIN time, that is soon!!!
imo
There is a better chance of the restricted shares used to acquire the patent becoming free trading in a year and a half, than there is a chance of seeing a lactose intolerant product on the market within a year and a half.
From the May 29,2013 pr,
Mr. Chieco also wants to let shareholders know that he will continue using the strategy to take additional shares off the market moving forward, and he is extremely confident that as the end of the quarter nears, Northstar is ever closer to reaching it's goal of delivering audited financials and re-listing on the OTCBB.
Is it the end of July yet?
From the June 11, 2013 pr,
The second paragraph is the one in question.
"We are very happy that Drugstore.com and Walgreens.com are the first to pick up the product online. We know how well Snorenz sells online, and we know with the lower overhead that the internet offers, online sales will be very profitable for them," said Nicholas Chieco, Northstar's CEO.
With major retail distribution expected to be in full swing by the end of July, the rapidly expanding online distribution model will also be applied to Northstar's other products increasing next quarters revenue projections by almost double.
So much for hammering the 12's.
The squeeze has been
ongoing for the past seven months or so. Ray squeezing every last fraction of a cent out of all share holders.
imo
AVEO has been on my radar for a while. I jumped the gun and am in at 2.12 today.
When AMD breaks through 4.31, I believe it goes to 6+ in a hurry.
If it is, where would the
price be if they quit buying?
That A/D line must be all those shares they're buying back.
Hate to put a damper on all the enthusiasm, but
it looks like the 50 day ma is the ceiling, and the 200 day ma, not wanting to feel left out, is starting to fall too!!!!!
Oh, but wait!! WEEEHEEEEE DOGGGGGIEEEE!!! The AD line is rising. YAAAAAAAAAAAAAAAAAAAY!!!!!!!!!!!!!!!!!!!!!!!
http://stockcharts.com/h-sc/ui?s=MDIN&p=D&b=5&g=0&id=p64287590777
Fact or fiction,
MDIN remains chilled......fact
13 million in revenue.....fiction
ss remains the same.......fiction
.0012.....................fact
So, if they didn't have to go through half the crap, and it took them almost a year, does that mean with twice as much crap, MDIN gets an almost two year extension???
I have been in some stocks that have taken almost a year to get their Audited Fins done and they didn't have to go through half the crap Nick is going through.
I think both MDIN, and
Ray have lost credibility.
I don't think MDIN has lost any credibility but who ever is using vndm has!!!!
They're not even close. A little birdie told me that there's a problem with the share structure!!!
They are almost done!!!!!
You don't need "deep pockets" to buy mdin here, just a little pocket change will do.
Yes, the financials need to be cooked a little bit longer, and then they'll be done.
imo
From what I hear, audited financials may never be released. They still haven't figured out the true share structure. In my opinion, they never will!!!!!
If most of the things are out of his control, how can he have them moving in the right direction?
In other words, if he is powerless over the events, how can he have control over them?
What would the ceo say to people who bought MDIN stock, and are now down 50%+ because of those statements? Maybe he would just say
"LMFAO".
How many lies can you count in this email circa april 2013? I'm at thirteen and counting.
EMAIL FROM NICK...In response to whining about the PPS:
You are correct, but we have been working on it for well over 6 months so we are at the end of that wait. We are in the final, final stage and just waiting for the word, really. We know it will be lifted, they just have to do it. The head of the DTCC department that handles it said it was imminent just two days ago.
I'll tell you though, as far as the share price, I'm not sure what more I can do really. I took a dead company with nothing, in two months revived and went from nothing to skids of manufactured, labelled and shipped merchandise along with 11 retail distribution contracts. Big ones! We then showed over 5 mil in revenue in our first quarter which everyone knows that most CEO's have a better chance of walking on water than doing that, and now we were able to make the DTCC happy so they will lift our chill (something very rare as well).
Let me just quickly list what our next 60 days looks like:
1-2 Years back fully audited
2-chill totally lifted
3-File for re-listing on the OTCBB (we've only been off for 13 months or so)
4-Removed 300,000,000 shares from the outstanding/float
5-Bought back another 50,000,000 to 100,000,000 shares to be cancelled
6-starting to appear in all the 12,000 stores we are slated for with the big box chains.
7-Announce the pro-forma projections for next two quarters to include European sales.
8-35% to 50% increase in revenue over the past quarter and a 15% increase in profit margin.
9-Possibly a major celebrity endorsement with product placement on national popular weekly TV show.
This is just the current quarter. Imagine were we will be after that? We just need to be patient while we get over these humps. Then our true value will be apparent.
As soon as the chill is lifted we will be doing a massive ad campaign to get investor interest and tell people about MDIN. If that doesn't do it, then the world must be coming to an end.
ceo terrific claims world coming to an end,
per his email from about 5 months ago,
Let me just quickly list what our next 60 days looks like:
1-2 Years back fully audited
2-chill totally lifted
3-File for re-listing on the OTCBB (we've only been off for 13 months or so)
4-Removed 300,000,000 shares from the outstanding/float
5-Bought back another 50,000,000 to 100,000,000 shares to be cancelled
6-starting to appear in all the 12,000 stores we are slated for with the big box chains.
7-Announce the pro-forma projections for next two quarters to include European sales.
8-35% to 50% increase in revenue over the past quarter and a 15% increase in profit margin.
9-Possibly a major celebrity endorsement with product placement on national popular weekly TV show.
This is just the current quarter. Imagine were we will be after that? We just need to be patient while we get over these humps. Then our true value will be apparent.
As soon as the chill is lifted we will be doing a massive ad campaign to get investor interest and tell people about MDIN. If that doesn't do it, then the world must be coming to an end.
Am I the only one who smells that? The stench of an upcoming reverse split?
The only event that will send this to multi-pennies is
a reverse split.
imo
e-mail the ceo, and tell him to release the
proof (audit fins) asap. Otherwise you'll have to verify through other sources.
I have all the proof I need. Look a little closer, read up on a few things, and you too will see.
Maybe soon, but not anytime in the near future!!
Do a little DD, and you'll find your proof. Hope this helps.
Let me translate one phrase from yesterdays pr,
As previously announced, the company is undergoing an extremely meticulous and exhaustive two year audit
in PHYS @ 10.95
You're absolutely right,
Nick and Ray know the last thing they need to do is worry about the loan at this time!!!!
That's wishful thinking. Especially the 12 million in sales part.
Audited financials, and chill lifted in the same boat. Never gonna happen.
imo
This little tidbit has been on the MDIN info page since the beginning of August.
They deleted "around September 15th" out of it.
Next 30 to 60 days
2 year of Audited Financials coming out!
Updated filings with SEC
Documents filed to uplist
The cpa can't sign off because of the numbers. Nothing adds up. imo
The share price indicates investors don't want it, nor do they buy the bs!!
Impossible. It's the share price that keeps getting smaller and smaller.
Hence, the chill.