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Here is the email from Nick stating the 5 million in sales that slipped out. Nick states that they should do 10 million plus in the second quarter, woo hoo and that was even before the Europe distribution. Good times coming MDIN
This was a post from Dangusbeerbelly and mentions the 5mil in this qtr.
Email from Nick:
Greg,
My apologies if it came off that way. Let me write you a detailed explanation and if you want to take it upon yourself to explain it to some of the other shareholders that you trust, you can. I give you permission to share my views with others.
In no way did I want it to sound like it wasn't a top priority. We have answered comments from DTCC seven times now and every-time we send them back documentation we come closer and closer to getting it lifted. The fact of the matter is that the previous management (Previous to Ray Barton) really did some stupid things and issued stock like it was cotton candy. Worse yet they made a deal with the devil (NIR Group) and really ended up in the jaws of a nasty toxic financing. Billions and billions of shares issued across five companies over a three year period is a red flag to the DTCC and they want us to prove it was all done legally and every share is accounted for.
Fortunately MedGen did keep good records so we have what they need, but they don't even know what they need until they look at it. Each answer we send spawns five more questions so it's been a very trying ordeal. I have hired an accountant/attorney to handle it full time, and as soon as humanly possible, it will be lifted. Is there a possibility that we cannot lift it? I've been told by two separate lawyers that is not going to happen. Our corporate/SEC counsel has removed chills from several companies [some very recently], so he knows.
A separate but still related issue is the Nevada issue and that is also quite complicated. The state of Nevada requires you to pay a fee based on the authorized shares you have whenever you default. In 2011 the company defaulted and paid $21K in fees and immediately asked for a reduction in authorized to 900 mil shares. This would make any future default fees around $2500. For some reason this was never done and in 2012 the company defaulted again. Now they want another $21K to fix the status, and it's simply not fair. We have the proof that we requested the change properly, and they are saying we were notified that they needed a different request on letterhead, which we never received. So, we have been negotiating with them to fix this problem, which must be fixed for the chill to come off. It's not the thing holding it up, it's just the last thing we will have to do, and for now we are focussing on the documentation I mentioned.
Now, we have almost $5mil in revenue this quarter. I am very very happy, and we have the money to pay the bill, although that revenue has to go right back into purchasing inventory for the next quarter (which should be double that, or more if I can purchase enough inventory). When it comes down to the Nevada status being in our way to lift the chill, then of course, I'll authorize it to just be paid and that's that. But while we focus on the documentation of previous issuances, we may as well fight Nevada on our cause, which I believe to be a just one. The best case scenario is that we convince them and save $21K for additional inventory, worst case, I just pay it.
I just want to let people know that we are in no danger of being shut down or halted because of it. We operate under a subsidiary corporation and the sub's business license is just fine. It's not the best thing in the world to have the parent corp. in a "revoked" status but it does no harm to the actual business either. Especially if we can possibly save the company $21K for advertising etc.
Lastly, when I say the stock price is of no consequence to us, or we don't care about it, I am not meaning to come off as though I could care less…What I mean is that we currently fund this business organically, and NOT using the securities. This is great news for shareholders. It is because of this, that should I have to choose where to use money and resources, I have to lean towards business building expenditures in place of something that will boost the equity. I care very much for the men and women who put hard earned money into MDIN. I know all too well how very hard it is to earn a dollar in the current economy, and I know people bought MDIN because they believe in what we are doing and believe it or not that is on my mind constantly. However, if I put all of our resources into fighting VNDM [ or blocking old shares from being freed up], or other things that would make the stock go up, I would be selling the shareholders short. They would be getting an increasing stock based on emptiness. Empty stocks eventually cave-in no matter how hard you fight it. As a shareholder, I know all you want is for the stock to go up…but at what cost? Thats why my view is that my number one job is to build the business. Build it and they will come, right? Will the stock do as well-as fast, no. BUT at least when it does happen, it's there for a reason, so it'll stay there. So, maybe it takes a year to get to five cents, but when you exit, it will not plummet. It will sustain itself because it's based on a strong revenue generating business. Not technical aspects of the securities. I almost feel like I'm doing it for the shareholder's own good. They will thank me later if they hang on now.
Sure If we focussed on the stock 100% (the chill, VNDM, providing "proof" to the public, PR's, etc. etc.) we could get it to a penny in a very short time. But, then we would tank like every other company that trades on a business that is not yet there and never will be there because management is looking at the wrong bullseye. SO, I try to do the best I can to tighten up the equity side of this thing, and focus most of our resources on building this business into a global leader. I think we can do it. Maybe I'm nuts but I really do believe it. It isn't going to happen over night though.
I hope that sheds some light on the subject and why I've done some of the things i've done. I am not explaining this to you so you'll run to post it on the "boards" to make the stock go up…I'm doing it so you can rest knowing that I take your investment very very seriously, and I take my responsibility to protect that investment most seriously of all.
Have a great day.
Nicholas Chieco
Chief Executive Officer & Chairman of the Board of DirectorsNorthStar 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
Nick stated in this email to Dangus that he did not care if he shared this with fellow investors. I know when I read that first I was nervous but all is fair on this board I guess lol
MDIN$$$$
Allllll Aboard... I am bleeding red in this stock and still tickled to death with my 300k (Small I know)Nick has hit his targets and doing a great job! Can't wait to be on the green side of things.
MDIN$$$$$$$
Nick let the cat out of the bag a while ago:
"Now, we have almost $5mil in revenue this quarter. I am very very happy, and we have the money to pay the bill, although that revenue has to go right back into purchasing inventory for the next quarter (which should be double that, or more if I can purchase enough inventory)."
He says we should double that next Quarter..... AWESOME
This was a post from Dangusbeerbelly and mentions the 5mil in this qtr.
Email from Nick:
Greg,
My apologies if it came off that way. Let me write you a detailed explanation and if you want to take it upon yourself to explain it to some of the other shareholders that you trust, you can. I give you permission to share my views with others.
In no way did I want it to sound like it wasn't a top priority. We have answered comments from DTCC seven times now and every-time we send them back documentation we come closer and closer to getting it lifted. The fact of the matter is that the previous management (Previous to Ray Barton) really did some stupid things and issued stock like it was cotton candy. Worse yet they made a deal with the devil (NIR Group) and really ended up in the jaws of a nasty toxic financing. Billions and billions of shares issued across five companies over a three year period is a red flag to the DTCC and they want us to prove it was all done legally and every share is accounted for.
Fortunately MedGen did keep good records so we have what they need, but they don't even know what they need until they look at it. Each answer we send spawns five more questions so it's been a very trying ordeal. I have hired an accountant/attorney to handle it full time, and as soon as humanly possible, it will be lifted. Is there a possibility that we cannot lift it? I've been told by two separate lawyers that is not going to happen. Our corporate/SEC counsel has removed chills from several companies [some very recently], so he knows.
A separate but still related issue is the Nevada issue and that is also quite complicated. The state of Nevada requires you to pay a fee based on the authorized shares you have whenever you default. In 2011 the company defaulted and paid $21K in fees and immediately asked for a reduction in authorized to 900 mil shares. This would make any future default fees around $2500. For some reason this was never done and in 2012 the company defaulted again. Now they want another $21K to fix the status, and it's simply not fair. We have the proof that we requested the change properly, and they are saying we were notified that they needed a different request on letterhead, which we never received. So, we have been negotiating with them to fix this problem, which must be fixed for the chill to come off. It's not the thing holding it up, it's just the last thing we will have to do, and for now we are focussing on the documentation I mentioned.
Now, we have almost $5mil in revenue this quarter. I am very very happy, and we have the money to pay the bill, although that revenue has to go right back into purchasing inventory for the next quarter (which should be double that, or more if I can purchase enough inventory). When it comes down to the Nevada status being in our way to lift the chill, then of course, I'll authorize it to just be paid and that's that. But while we focus on the documentation of previous issuances, we may as well fight Nevada on our cause, which I believe to be a just one. The best case scenario is that we convince them and save $21K for additional inventory, worst case, I just pay it.
I just want to let people know that we are in no danger of being shut down or halted because of it. We operate under a subsidiary corporation and the sub's business license is just fine. It's not the best thing in the world to have the parent corp. in a "revoked" status but it does no harm to the actual business either. Especially if we can possibly save the company $21K for advertising etc.
Lastly, when I say the stock price is of no consequence to us, or we don't care about it, I am not meaning to come off as though I could care less…What I mean is that we currently fund this business organically, and NOT using the securities. This is great news for shareholders. It is because of this, that should I have to choose where to use money and resources, I have to lean towards business building expenditures in place of something that will boost the equity. I care very much for the men and women who put hard earned money into MDIN. I know all too well how very hard it is to earn a dollar in the current economy, and I know people bought MDIN because they believe in what we are doing and believe it or not that is on my mind constantly. However, if I put all of our resources into fighting VNDM [ or blocking old shares from being freed up], or other things that would make the stock go up, I would be selling the shareholders short. They would be getting an increasing stock based on emptiness. Empty stocks eventually cave-in no matter how hard you fight it. As a shareholder, I know all you want is for the stock to go up…but at what cost? Thats why my view is that my number one job is to build the business. Build it and they will come, right? Will the stock do as well-as fast, no. BUT at least when it does happen, it's there for a reason, so it'll stay there. So, maybe it takes a year to get to five cents, but when you exit, it will not plummet. It will sustain itself because it's based on a strong revenue generating business. Not technical aspects of the securities. I almost feel like I'm doing it for the shareholder's own good. They will thank me later if they hang on now.
Sure If we focussed on the stock 100% (the chill, VNDM, providing "proof" to the public, PR's, etc. etc.) we could get it to a penny in a very short time. But, then we would tank like every other company that trades on a business that is not yet there and never will be there because management is looking at the wrong bullseye. SO, I try to do the best I can to tighten up the equity side of this thing, and focus most of our resources on building this business into a global leader. I think we can do it. Maybe I'm nuts but I really do believe it. It isn't going to happen over night though.
I hope that sheds some light on the subject and why I've done some of the things i've done. I am not explaining this to you so you'll run to post it on the "boards" to make the stock go up…I'm doing it so you can rest knowing that I take your investment very very seriously, and I take my responsibility to protect that investment most seriously of all.
Have a great day.
Nicholas Chieco
Chief Executive Officer & Chairman of the Board of DirectorsNorthStar 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
CONFIDENTIALITY NOTICE:This correspondence and all attachments transmitted with it may contain legally privileged and confidential information intended solely for the use of the intended recipient. If the reader of this message is not the intended recipient or the employee or agent responsible to deliver it to the intended recipient, you are hereby notified that any reading, dissemination, distribution, copying or other use of this communication is strictly prohibited. If you have received this message in error, please notify the sender immediately by telephone or by electronic mail and delete this message and all copies and backups thereof. Failure to comply with this confidentiality notice may result in criminal or civil penalties and/or prosecution.
Nick sure sounds enthusiastic about getting us the information quick! Nick just wants to show us what he always knew.... MDIN is the real deal folks! Get your tickets and a lot of them while you can...
Exactly the Revs I thought as well. I hope your right about the .15
Go MDIN!
Thanks onemorehill for response! We appreciate all you (longs) guys
contribute to this board.
MDIN on the way to silver!!!!!
Does this mean the chill is lifted officially or just the share structure updated? Coming home late trying to catch up.
Thanks,
Kevin
Nice to have you back!
BMSN long!
Fidelity is showing down 2.2% @.0441
Sorry, more on VNDM
Most "Retail investors", are holding strong due to the high potential of MDIN, and are not the ones selling the majority of shares into this daily. The majority of sell volume is coming from a Market Maker called VNDM which you can see on Level Two Access.
VNDM is not a retail market maker. This means only larger organizations with a large sum of money can use him to buy or sell shares, and some larger organization is using him to short MDIN.
Not many real people are actually selling. VNDM has picked the wrong stock to decide to attack, and while they might be able to slow this down, they will not be able to stop it and will be forced to cover which will only propel MDIN forward on upcoming news."
MDIN$$
VNDM is a MM plain and simple. They have no more or less powers to dilute than any other MM. I totally agree they are notorious though for showing up and diluting many other crap penny stocks. In order for them to do that, they need to be given shares to dump into the market. Haven't seen that on MDIN yet IMO.Fact is pps is where it is and if you don't watch this stock regularly you could come to that conclusion of dilluting.
I really haven't seen the dilution and we have not had the volume for it. Don't over estimate VNDM as anything more than another MM but always watch closely. Every transaction they do is not going to be dilution.
MDIN$$
Michael Choo involvement is right here on the ibox as well.I am not aware of a PR announcing them or at least i did not hear of it.
TEAM
Kevin Allyn, Chairman, has broad experience as a senior executive and entrepreneur in entertainment, television, film, music, sports, licensing, and talent management. Kevin has also been an advisor to a variety of companies both private and multi-billion dollar public companies. Mr. Allyn was also one of the presidents of King World Productions, one of the most successful television companies in history. King World is the leading worldwide distributor of first-run programming, including the two highest-rated, first-run strips in syndication, WHEEL OF FORTUNE and JEOPARDY, as well as OPRAH, CSI, INSIDE EDITION, DR. PHIL, EVERYBODY LOVES RAYMOND, HOLLYWOOD SQUARES and THE LITTLE RASCALS. Mr. Allyn's legendary list of contacts, his ability to innovate and his management expertise allow us to form a team that can scale effectively into this lucrative market.
Michael Choo, Director of Operations, has over 30+ years of experience in healthcare with expertise in Operational Executive Management, Hospital Turnarounds, Hospital Acquisitions, and Ground Floor Start-ups. He is presently the Chief Executive Officer for Pacific Health Corp and previously served as Principal, Managing Partner, President & Chief Executive Officer of Integra Healthcare, Inc., Principal, Managing Partner, & Chairman of The Board of Directors of Doctors' Hospital of Shreveport, and Principal, Managing Partner & Senior Vice President of Operations for Ethicus Healthcare Management, LLC. Mr. Choo was also previously the Senior Vice President of Promise Healthcare, Inc., Chief Executive Officer of Promise Specialty Hospital of Shreveport, Chief Executive Officer of HealthSouth in Reno, and Vice President of NPSI.
**** Michael Choo is also a DIRECTOR at ALZM Allezoe Medical Holdings - now under NOHO Novation Holdings Here is the ALZM aka NOHO 2 year chart Choo was ALSO a DIRECTOR at Alternative Energy Partners starting November 2010 (8K), here is a 3 year chart for AEGY
Roy Laughlin, Director of Media Relations, was the General Manager of Clear Channel Los Angeles and Magic Broadcasting. Mr. Laughlin lead KIIS FM to the #1billing radio station in the US for 9 years and as Market Manager of the CCLA 8 stations, delivered record billing of $300mill annually.
Mr. Laughlin and his brother launched GAP Broadcasting in 2006 which purchased 52 stations from Clear Channel in Texas for $139M (GAP later merged into TownSquare Media). Laughlin continues as an equity partner in Rincon Broadcasting which he co-founded with Sr. Partner John Hearne through the purchase of the Santa Barbara Clear Channel Cluster in 2006. Mr. Laughlin also re-launched the Steve Harvey Radio Show in LA Radio while upgrading the signal at 93.5 KDAY / 93.5 KDAI. Mr. Laughlin later teamed up with Mr. Hearne to purchase an additional FM move-in to the Riverside/San Bernardino market in 2010 (KQIE, Q104.7).
George L. Jones, Advisor, served as President and CEO of Borders Group, Inc., President and CEO of Saks Department Store Group, President of Worldwide Licensing, Retail and Studio Stores for Warner Brothers, President and CEO of Rose's Stores, and Executive Vice President of Target Stores. He served as a Director of National Retail Federation Inc, Director of Saks Incorporated, Director of Borders Group, Inc., Director of Guitar Center Inc, Director of Liz Claiborne Inc, and Chairman of the GRAMMY Foundation.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86013863
there all listed on Medicalgreens web site... Not sure why this is still in question IMO. Important for folks to do their own DD.
http://medicalgreens.com/AboutUs#
Sure are a lot of collectives in just California:
http://www.canorml.org/medical_marijuana/delivery-services-in-California.html
SKTO$$
I believe George Jones was involved in a Fortune 500 company correct?(warner Bros, Saks, Borders) Maybe his influence will spark a partnership with one of these 500 companies??????
IMHO I believe there are some major dealings going on that they are proud to report end of qtr.(April maybe)
http://people.equilar.com/bio/george-jones-borders-group/salary/52366#.UVYqnaHD-M8
Glad I could help, no problem.
GO MDIN$$
This was a post from Dangusbeerbelly and mentions the 5mil in this qtr.
Email from Nick:
Greg,
My apologies if it came off that way. Let me write you a detailed explanation and if you want to take it upon yourself to explain it to some of the other shareholders that you trust, you can. I give you permission to share my views with others.
In no way did I want it to sound like it wasn't a top priority. We have answered comments from DTCC seven times now and every-time we send them back documentation we come closer and closer to getting it lifted. The fact of the matter is that the previous management (Previous to Ray Barton) really did some stupid things and issued stock like it was cotton candy. Worse yet they made a deal with the devil (NIR Group) and really ended up in the jaws of a nasty toxic financing. Billions and billions of shares issued across five companies over a three year period is a red flag to the DTCC and they want us to prove it was all done legally and every share is accounted for.
Fortunately MedGen did keep good records so we have what they need, but they don't even know what they need until they look at it. Each answer we send spawns five more questions so it's been a very trying ordeal. I have hired an accountant/attorney to handle it full time, and as soon as humanly possible, it will be lifted. Is there a possibility that we cannot lift it? I've been told by two separate lawyers that is not going to happen. Our corporate/SEC counsel has removed chills from several companies [some very recently], so he knows.
A separate but still related issue is the Nevada issue and that is also quite complicated. The state of Nevada requires you to pay a fee based on the authorized shares you have whenever you default. In 2011 the company defaulted and paid $21K in fees and immediately asked for a reduction in authorized to 900 mil shares. This would make any future default fees around $2500. For some reason this was never done and in 2012 the company defaulted again. Now they want another $21K to fix the status, and it's simply not fair. We have the proof that we requested the change properly, and they are saying we were notified that they needed a different request on letterhead, which we never received. So, we have been negotiating with them to fix this problem, which must be fixed for the chill to come off. It's not the thing holding it up, it's just the last thing we will have to do, and for now we are focussing on the documentation I mentioned.
Now, we have almost $5mil in revenue this quarter. I am very very happy, and we have the money to pay the bill, although that revenue has to go right back into purchasing inventory for the next quarter (which should be double that, or more if I can purchase enough inventory). When it comes down to the Nevada status being in our way to lift the chill, then of course, I'll authorize it to just be paid and that's that. But while we focus on the documentation of previous issuances, we may as well fight Nevada on our cause, which I believe to be a just one. The best case scenario is that we convince them and save $21K for additional inventory, worst case, I just pay it.
I just want to let people know that we are in no danger of being shut down or halted because of it. We operate under a subsidiary corporation and the sub's business license is just fine. It's not the best thing in the world to have the parent corp. in a "revoked" status but it does no harm to the actual business either. Especially if we can possibly save the company $21K for advertising etc.
Lastly, when I say the stock price is of no consequence to us, or we don't care about it, I am not meaning to come off as though I could care less…What I mean is that we currently fund this business organically, and NOT using the securities. This is great news for shareholders. It is because of this, that should I have to choose where to use money and resources, I have to lean towards business building expenditures in place of something that will boost the equity. I care very much for the men and women who put hard earned money into MDIN. I know all too well how very hard it is to earn a dollar in the current economy, and I know people bought MDIN because they believe in what we are doing and believe it or not that is on my mind constantly. However, if I put all of our resources into fighting VNDM [ or blocking old shares from being freed up], or other things that would make the stock go up, I would be selling the shareholders short. They would be getting an increasing stock based on emptiness. Empty stocks eventually cave-in no matter how hard you fight it. As a shareholder, I know all you want is for the stock to go up…but at what cost? Thats why my view is that my number one job is to build the business. Build it and they will come, right? Will the stock do as well-as fast, no. BUT at least when it does happen, it's there for a reason, so it'll stay there. So, maybe it takes a year to get to five cents, but when you exit, it will not plummet. It will sustain itself because it's based on a strong revenue generating business. Not technical aspects of the securities. I almost feel like I'm doing it for the shareholder's own good. They will thank me later if they hang on now.
Sure If we focussed on the stock 100% (the chill, VNDM, providing "proof" to the public, PR's, etc. etc.) we could get it to a penny in a very short time. But, then we would tank like every other company that trades on a business that is not yet there and never will be there because management is looking at the wrong bullseye. SO, I try to do the best I can to tighten up the equity side of this thing, and focus most of our resources on building this business into a global leader. I think we can do it. Maybe I'm nuts but I really do believe it. It isn't going to happen over night though.
I hope that sheds some light on the subject and why I've done some of the things i've done. I am not explaining this to you so you'll run to post it on the "boards" to make the stock go up…I'm doing it so you can rest knowing that I take your investment very very seriously, and I take my responsibility to protect that investment most seriously of all.
Have a great day.
Nicholas Chieco
Chief Executive Officer & Chairman of the Board of DirectorsNorthStar 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
CONFIDENTIALITY NOTICE:This correspondence and all attachments transmitted with it may contain legally privileged and confidential information intended solely for the use of the intended recipient. If the reader of this message is not the intended recipient or the employee or agent responsible to deliver it to the intended recipient, you are hereby notified that any reading, dissemination, distribution, copying or other use of this communication is strictly prohibited. If you have received this message in error, please notify the sender immediately by telephone or by electronic mail and delete this message and all copies and backups thereof. Failure to comply with this confidentiality notice may result in criminal or civil penalties and/or prosecution.
Posted by MONEYMADE
~~~~~UPDATING DD NOW: Cascade LifeSciences Incorporated
BMSN PRE-CLINICALS CONTRACT: http://ih.advfn.com/p.php?pid=nmona&article=55086291
ABOUT CASCADE LIFESCIENCES
Cascade LifeSciences Incorporated today announced that its collaborator, Dr. Shoukhrat Mitalipov, Ph.D., and Oregon Health & Science University (OHSU), have made a major breakthrough in the reprogramming of primate skin cells into stem cells. The breakthrough may advance health care research/discovery and help lead to therapeutic stem cell products to combat numerous human diseases. As published in the journal Nature on November 22, 2007, Dr. Mitalipov and his team at OHSU’s Oregon National Primate Research Center are the first to successfully create monkey embryonic stem cells using a technique known as somatic cell nuclear transfer (SCNT). For more detail see: http://www.ohsu.edu/ohsuedu/newspub/releases/111407stemcells.cfm http://www.nature.com/nature/journal/v450/n7169/abs/nature06357.html
Cascade LifeSciences is the exclusive worldwide licensee of Dr. Mitalipov’s technology related to SCNT reprogramming as well as a second method of generating embryonic stem cells using an approach known as parthenogenesis. Notably, both approaches are capable of generating pluripotent embryonic stem cells without the use or need for fertilized embryos as a starting material. Moreover, both of Dr. Mitalipov’s approaches have the additional attribute of producing embryonic stem cells genetically matched to the patient, thus, avoiding immune rejection issues in the human therapeutic setting. Dr. Mitalipov and Cascade LifeSciences are collaborating on further refinement and development of this technology.
Dr. Donald Wolf, Ph.D., a retired OHSU primate center scientist who helped author the Nature paper, and currently chairman of the Scientific Advisory Board of Cascade LifeSciences, commented, “Dr. Mitalipov’s new technology provides a solid basis for the development of human SCNT-ESC lines that may ultimately save thousands of human lives.”
Howard Birndorf, President and Founder of Cascade LifeSciences, commented, “We are pleased to be associated with Dr. Mitalipov, his team at OHSU and, in particular, this breakthrough in primate stem cell creation. We are working with Dr. Mitalipov to refine his primate work, begin the next phase in producing human embryonic stem cells via SCNT, and expand our proprietary position in this powerful area of regenerative medicine.”
“OHSU is proud of Dr. Mitalipov’s success. More importantly we are encouraged by the hope it holds for patients suffering from several diseases that may be treated through stem cell therapies,” said Arundeep S. Pradhan, Director of OHSU’s Office of Technology & Research Collaboration. “We are pleased to partner with Cascade LifeSciences in efforts to further advance these findings and further move these promising developments from lab bench to bedside.”
Ken Woolcott, Chief Business Officer of Cascade LifeSciences, commented, “Dr. Mitalipov’s work represents a scientific foundation from which we will pursue numerous commercial opportunities including research reagents/kits, drug discovery models/systems and, ultimately, human therapeutic products. While stem cell research is moving forward rapidly, we believe that the OHSU advances offer key long-term technical/commercial differentiators. Not only do we no longer need embryos as a starting material, the technology appears to address the issue of transplant rejection in the therapeutic setting and, moreover, does not require the use of retroviral transvection of additional DNA, such as transgenes, oncogenes, etc., to create pluripotent stem cells.”
BACKGROUND
A major challenge in cell-based regenerative therapy is a limited supply of immunologically matched cells for transplantation. Embryonic stem cells (ESCs) represent a potential source of transplantable cells and it is possible to generate patient-specific ESCs that should be immunologically compatible using an approach called Somatic Cell Nuclear Transfer (SCNT). In this technique nuclear material from the patient’s somatic cell is transferred into an enucleated donor oocyte. The oocyte is chemically activated and development begins. While this technology has been established in other mammals, Dr. Mitalipov and his scientific team are the first to successfully perform SCNT in a primate. This accomplishment is based on a thorough investigation of the molecular mechanisms regulating nuclear remodeling following SCNT in primates. By isolation and culture of the Inner Cell Mass (ICM) from blastocysts, a panel of SCNT-ESC lines were established that are pluripotent and can be differentiated into tissue-specific multipotent stem cells or potentially into any of the 206 mature cell types in the body. Dr. Mitalipov’s work is a major breakthrough in stem cell science.
About Cascade LifeSciences Incorporated
Cascade LifeSciences is a private San Diego-based company with a platform of stem cell related technologies that are being advanced to serve the research community and the commercial development of stem cell-based therapeutics.
This is old news obviuosly but still very relavent. Advisory board has been put in place with Clinartis last year. This past month BMSN comes out with a new LOI with Clinartis which is definitely IMHO to do with HemaXellerate™.
http://finance.yahoo.com/news/bio-matrix-regen-biopharma-unit-123000524.html
One penny stock many traders are speculating will have some positive momentum is that of Bio-Matrix Scientific Group Inc. (OTC: BMSN). Used by many seasoned traders as an ATM card of sorts, BMSN stock is a target of many to follow the path another break out biotech had from September whereby $500 would have yielded over $20,000 in the course of just 3 months.
Fingers crossed and long BMSN
Happy Easter all!
All you have to do is DD for yourselves. If you even read for just 1/2 hr a day on BMSN and the goals you will see what most longs see. I see a company preparing to help the PPL that are effected by tragic diseases and probably everyone on this board knows someone that has been affected. We banter back and forth and take it to new levels everyday but in the end this company Will matter.. IMHO
If you want to make a quick couple of K please subscribe to pennystock newsletters and have at it. If your lucky you will get in and out quickly. If you can be patient get in BMSN and in my opinion be satisfied with nice gains and the satisfaction knowing PPL are being saved.
http://deep-web.org/how-to-research/deep-web-search-engines/
It may take a little time but longs will be awarded. Do not let them persuade or scare you out of your shares. If they want in there is room on the train. lol
Bio-Matrix Scientific Group, Inc. (OTCQB: BMSN) is a biotechnology company focused on the development of regenerative medicine therapies and tools. The Company is specifically focused on human therapies that address unmet medical needs. Specifically, Bio-Matrix Scientific Group Inc. is looking to increase the quality of life through therapies involving stem cell treatments. These treatments are focused in areas relating to lung, heart, circulatory system and other internal organs.
Through Its wholly owned subsidiary, Regen BioPharma, it is the Company's goal to develop translational medicine platforms for the rapid commercialization of stem cell therapies. The Company is looking to use these translational medicine platforms to advance intellectual property licensed from entities, institutions and universities that show promise towards fulfilling the Company's goal of increased quality of life.
Areas of interest to the Company include:
Diabetes
Chronic Obstructive Pulmonary Disease (COPD)
Heart Related illness
Circulatory issues
and don't for get the LOI for Breast Cancer. Of course I believe in BMSN and IMHO
LMAO!!! Member mark for sure.....
Medical MJ just past a vote in Maryland house Monday. Heading to the senate. Vote 108 yes 28 no... It's going to be viral now.
SKTO : )
Amen to that, you get a mark! BMSN or bust
Fidelity trades all pennies
Relyts posted this earlier today:
http://www.biocentury.com/products/hemaxellerate
Company: Bio-Matrix Scientific Group Inc.
Description: Patient-specific stem cell therapy
Mechanism of Action: Cell therapy
Latest Stage of Development: IND
Indication: Anemia
Nothing significant, but I've been keeping an eye on the status through BioCentury. The latest stage of development recently changed from "preclinical" to "IND"
"Exogenous endothelial cells as accelerators of hematopoietic reconstitution
Mizer JC, Ichim TE, Alexandrescu DT, Dasanu CA, Ramos F, Turner A, Woods EJ, Bogin V et al.
Journal of Translational Medicine 2012, 10:231 (21 November 2012)"
Second most viewed publication on http://www.translational-medicine.com/content/10/1/231. Popular resource for scientists.
WOW... The possibilities with Stem Cells. This story was amazing! Good find Zeik89. Looks like big Pharma will not be able to resist this much longer. Be a shame if a small company like BMSN was quicker to market than PFE.
Long and strong BMSN
Being bought out, is it a good thing for us longs?
Maybe just look in mirror for answer go BMSN. This is getting so weird MPD maybe?
Sorry my bad, yes IR campaign
Thanks
Hi disher,
Who will be doing the PR for MDIN this week or next?
Thanks
Agree with all your posts Mr Stocks. You can't argue with them, either they are in or they are out. period.
We will get the last laugh in a couple of weeks... stay long and strong! MDIN
In the below older post it looks like it is in the Warehouse somewhere, where is this?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82737718
Go MDIN
Spread the word all, MDIN is a real product with real revenues! Can't wait until they can PR it. Go MDIN$$$$$$$$ I will take my chances!
http://www.cnbc.com/id/100460371/Northstar_announces_that_its_products_are_on_shelves_and_national_rollout_is_ahead_of_schedule
LMAO!! We needed that little bit of humor
BMSN$$$$$$$$$$$
Ha Ha awesome "Quote"
I have never seen the lack of patience to this degree. Go BMSN$$$$$$$$$
Be nice to see an add lik this from CVS or Walgreens! Hold Strong MDIN
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