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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,
in PHYS @ 10.95
You're absolutely right,
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.
That number can only be used for the revenues the lactose patent will bring.
And there's nothing funny about that, unless you're looking to get more cheapies, and the cheapiers.
Rays' note alone could translate into 7+ billion shares!!
The company will not relist in 30-60 days. Just as it has not relisted in the past 30-60 days.
The chill will not come off anytime soon.
Potential for billions of shares to hit the market.
imo
MDIN will remain chilled for a long time. Too many unaccounted shares.
In other words, the "audit fins" won't be out around September 15th as was claimed.
From what I hear, the "audit fins" won't be released anytime soon.
Certainly if these loans are in the filings, they must be relevant. Have they been paid back? Didn't see that in any filings. Forgiven? Nope, that's not in any filings either.
HUGE OVERHANG on this stock.
That's a lot of overhang!!!!!
This is a lot of shares,
On February 10, 2010 Company entered into a loan agreement with NIR Group LLC to receive funding of up to $3,000,000 through
a series of convertible debentures carrying 8 % interest with a conversion price equal to the average of the three (3) lowest intra-day
prices for the common stock in the prior twenty (20) trading days. $116,000 of this note was received initially and proceeds from
this loan were devoted to moving the corporate offices from Florida to Holbrook, New York, purchasing office equipment, furniture
and supplies, payment of outstanding corporate debts to various vendors and generally revitalizing and re-directing the business
activities of the Company that had been minimal since 2008 and the departure of former management in July, 2009.
On March 30, 2010 The Company entered into a second loan agreement with Raymond H. Barton, the company CEO at the time for
$78,000, which was used as investment into the infrastructure of the Company. Company management also expects at this time to
devote a portion of these proceeds to the marketing & advertising campaigns of its wholly owned subsidiary NorthStar Business &
Property Brokers, Inc., a private company engaged primarily in business brokering.
Really Nick, the year is almost over, another laugher, from May 22,
The company also wants to take this time to let shareholders know that worldwide interest in the company's products have sparked talks with distributors and retail stores around the globe making it more and more likely that the company's product line will be widely available in foreign as well as domestic, brick and mortar, retail stores as the year progresses. Currently, the "big box" retail chains that have already ordered product, are systematically rolling it out to shelves and everyone should start seeing Northstar's all-natural, safe, and inexpensive alternative healthcare products in their favorite retail store very soon. Lastly the company adds that demand for the products by consumers has been overwhelming, increasing daily, and although retail sales stats have not yet been collected long enough to be very accurate, based on direct sales numbers almost doubling monthly, for the past four months, the company concludes that all three of the company's current products will very likely prove to be top sellers for those retailers that do carry the product.
You are correct.
I don't. I look at audited financials. By the way, where are they?
That's too easy. Dilution is the answer.
imo
Looks like ceo terrific is also
a magician.
Why can't he pull a rabbit out of the hat?
This is a good read, and funny too,
from newswire Dec., 13, 2012,
Lastly the company is formulating a plan to reward current shareholders with a stock dividend, which would increase the holdings of only those shareholders who own MDIN as of a specific date, which is yet to be announced. Along with these well-known strategies, Mr. Chieco assures us that he has a few other tricks up his sleeve. "Those who would see our stock tumble by selling short, for example, have already taken a tremendous risk considering the validity of our proven track record and current successes, but now we have a few things in the wings that those betting against us will not expect, or like very much," said Mr. Chieco with a smile, as he added, " Of course any strategies used would only be used if they stand to have positive effects on existing shareholders. Northstar aims to be a company known for putting shareholders and their investments above all else."
I can read the numbers too, but I still don't know what they are. I seek no verification, nor do I trust!!
You can read the numbers, and you know what the numbers are? Why verify? No trust?
Could someone explain the many things which caused the delay of this goal? Newswire April 22,2013.
Northstar's timeframe for these massive changes is not unlike all of the company's goals, aggressive. The company hopes to have the chill removed, the audits done and the filing of necessary forms for listing on the OTCBB to happen in time for it's next quarterly disclosure, which ends on June 30th. Northstar would like to remind shareholders that there are many things that could cause the company to miss that goal, but many aggressive goals have been set so far, and the company has had a history of pulling it off one way or the other. Northstar Global Business Services, Inc. continues to move forward and gain ground every day though hard work and determination.
On March 6, 2013, the terrific ceo tweeted that he is doing everything possible to prop up the price with his buyback. He said it would be a bumpy ride. The ride, however, is a relatively smooth slide.
Since that tweet, MDIN is down about 80%.
From these levels, MDIN can only lose 100%!!!