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Check MCLN out gonna be huge, today it shall fly :)
Everyday this seems to get thinner and thinner.
MCLN, check this out:am should run up.
Part I: One Man's Trash Is Another Man's Treasure - MedClean Technologies (OTC:MCLN) PDF | Print | E-mail
Written by M.E.Garza
Tuesday, 01 December 2009 04:26
Let's start with the worst kept secret on the Internet. Yesterday, our subscribers were issued a trade alert about this week's profiled company, MedClean Technologies (OTC:MCLN).
The company enables hospitals and other medical facilities to treat and dispose of their regulated medical waste and provide HIPAA-compliant destruction of confidential documents in an efficient, compliant, safe and cost-effective manner. If you haven't seen the video if their state-of-the-art on-site treatment system, please take a look at it on the right before reading further.
Within minutes of our posted alert, some of those subscribers among you began to post messages about the pick on forums and message boards across the web.
This happens every time we post an alert, regardless of when the information is released, but because this stock has so many eye-balls on it, the palpable excitement grew into something we had never really seen before.
Prices gapped up significantly as the market prepared to open and as the echo of the opening bell faded, the strength of the stock grew in not only momentum and incredible volume, but price as well.
It started out like many of our other profiled picks- reaching a morning high of nearly eight cents- almost double where it had closed on Friday, but instead of trading out before the "overbought" equity turned, investors held on as the price polarity shifted.
At the end of the day, according to many of the angry e-mails and messages that were passed along, our "over-hyped pick was pure garbage."
As writers who cover the sector, some claim that we can control many things, but two of the things we definitely can't control are the buy and sell buttons of our readers.
If we could, perhaps there would be more winners than losers among us, but then again we must remember that it's called a trade and almost by definition, someone will always walk away more happy than another. In the market, someone always holds longer than they could have and someone always sells before they should have.
Was Monday's incredible trading action that saw over a quarter of a billion shares change hands garbage or greed?
If you were one of the ones who feels you got caught holding the bag, then the answer may seem obvious- yet the matter is definitely quite debatable. Some hands, without question, were even shaken out of their shares by fear of a mad rush to cash out huge profits.
Amazingly, Monday's scoreboard showed that the stock closed mere fractions of a cent from where it closed on Friday's previous market session (-$.0073), but in the world of pennies, even the slightest percentages losses can quickly add up.
We understand that in today's market, most investors are in for a quick buck. These days, the impatient investor is more common that anyone would like to acknowledge in the biotech sector- a sector that had historically been home to some of the most patient investors on the street.
At the end of the day, the score card shows something else, however.
Some among you, who had been holding shares since they were priced at tenths of a cent made their money and moved on with big smiles on their face. They're in for a very merry holiday season, it would seem.
Others, added even more shares to their portfolio on today's dip and smiled into the evening sunset.
Self included.
Why, after all, should they sell their significantly vast amounts of MCLN shares at a vastly undervalued six, seven, or even eight cents?
As I mentioned in my alert to subscribers, this is a stock that just emerged from sub-penny levels, yet to some it may come as a shock that I continue to stand firmly behind my estimated a short term value target of $.40 per share.
"You've lost all credibility," writes another.
Maybe so, but those of us who carefully researched this company, spoke to their management group at length and looked carefully through their books and track record still feel not only bullish about this company, but extremely so.
If this were a glorified pump and dump scheme, then there are many of us who are still enthusiastically waiting to for the perfect opportunity to dump- and that is more along the lines of driven, calculated investing, we think.
Maybe we have lost our marbles, but the fact that paid subscribers feel compelled to share our picks is a two sided issue that we are wrestling with. On the one hand, if the information were worthless, then no one would care or even give the shortsighted and simple-minded actions a second thought. On the other, that brings me- in my own long winded way- to tell you about MCLN. This is rare penny level OTC entity that, we can assure you, is a real company, selling a real product, with real value and income, run by a real management team with tremendous experience that are all working hard together to fulfill real orders and contracts in a sector of the market still looking for a real leader to meet a pent up demand.
"Most of our competitors are mom and pop type shops," says Scott Grisanti who recently transitioned from CEO to Chairman of the Board of Directors for MedClean.
Even more compelling is the fact that this sub-sector (regulated medical waste) features companies whose market cap and trade values are most often based not on three or four times trailing twelve months (TTM) revenue and earnings, but actually fourteen to twenty five times those figures!
See sector leader Stericycle, Inc. (NASDAQ:SRCL) for a high mark example of that valuation analysis. SRCL's shares trade at over $54 per share. On the low end, you may want to examine Sharps Compliance Corp. (OTC:SMED) whose shares trade at over $9 per share.
Are you understanding the undervalued message yet? If you control a million shares or more of this company, you are in very good company.
This isn't the bottom of the final inning with two strikes and two outs. This ballgame is just getting started. Pitch number one just zoomed by. For some it became a home run. For others things are just getting warmed up.
The MedClean story, itself, gets better.
Through a recently announced partnership with the privately held Vestara, the Irvine, CA based provider of technology to automatically identify, sort, and segregate hazardous and non-hazardous pharmaceutical waste into proper streams, MedClean Technologies is showing some tells that they may be looking to establish a strong presence in the equally lucrative and under-served pharmaceutical waste management sector as well.
Already MedClean's solutions provide significant advantages for hospital customers compared to other approaches. These include lower costs, reduced risk and protection of host communities and overall better environmental solutions.
A single MedClean Container system can treat 1 million pounds of regulated medical waste per year, in addition to handling confidential document destruction (such as medical records), with a smaller footprint compared to multiple vendors handling different tasks for a hospital.
As one might imagine, the sales and orders for these cost, time and money saving systems are piling up.
Earlier this year in fact, MedAssets, Inc. (NASDAQ: MDAS), the $23 per share company whose group purchasing organization partners with hospitals and health systems to help improve quality and lower costs within the U.S. healthcare system awarded a contract to this penny stock company, and while specific financial details of the lucrative contract have yet to be completely revealed, it's safe to assume that the contract has enhanced the company's financial strength. After all, MedAssets runs one of the nation's largest group purchasing organizations (GPOs) and it helps to facilitate not only sales but leases of the equipment.
"Our manufacturing and installation bandwidth is running at full capacity," says David Laky, President and Chief Executive Officer of the company, "but that's a nice problem to have and we're actively making changes to accommodate more orders."
"We're excited about the collaboration with MedAssets and they have definitely enabled us to provide our solutions to an expanding base customers,” adds Chairman Grisanti.
The leaders appear particularly proud that their system meets the stringent and rigorous requirements of MedAssets as well as the tough regulatory requirements for processing medical waste in many states, including New Jersey- where customers in both the pharmaceutical and medical fields are required to minimize liability and protect the environment more strictly than just about any other state in the country.
In May, following a joint authorization issued by the state Department of Environmental Protection and Department of Health and Senior Services, MedClean was approved to provide New Jersey state hospitals with their systems following one of the most rigorous review processes and the first such approval for an on-site hospital system granted since 2005.
This was yet another in a series of victories for the group since their official launch of the company’s integrated business plan to emerge as the leader in the 2 billion market while transforming themselves into MedClean Technologies from their previously named Aduromed brand.
As part of that transformation, earlier this month, the company announced a restructuring of their management team. Laky was promoted to President and CEO as Grisanti transitioned to Chairman of the Board. Joseph Esposito, a key figure and accomplished leader of the group MedClean's past Chairman, remains on the board as a director and continues to serve as a consultant to the Company. Since that time, the company went from posting a loss of $7.8 million in 2008 to becoming cash flow positive on an EBIDTA basis in the 3rd quarter of 2009- marking impressive Third Quarter Revenue Increases 108% Year-Over-Year.
Tomorrow, in part two of our special report on the company, we're going to dive much further into our conversation with the unique management team- who actually share ties from their days at eResearchTechnology, Inc (Nasdaq:ERES). During their tenure there, the company's market valuation grew from $27 million to a peak of $1.5 billion, receiving recognition from Fortune Magazine as the number two fastest growing company in America and helping the company become the industry leader in safety drug research for biopharmaceutical, Contract Research Organizations (CROs) and medical device companies.
In the meantime, let's take a closer look at yesterday's trading action.
At first glance, it appears that the parabolic moves in share price for the stock may have signaled and end of the trend, but we have not really seen a verifiable sharp reversal in direction here.
Every stock has to breathe and there is no doubt that share prices which rise faster and faster can not sustain that sharp upward rise, since profits are being made very quickly and must be at some point taken.
The jury, in fact, is still out and how quickly this stock will grow another set of legs to take it up further will become more clear by the end of today's session, it may even become quite clear in the first thirty minutes of trading.
Fundamentally, the stock is very sound. Technically, we leave you with two different looks at the chart analysis. Click here to study the first one and here to view the second.
Remember also that MCLN has been on the SEC's Regulation SHO compliance tool list for over 20 consecutive days and is now high on the market maker's "buyin imminent" list. In our opinion, continued volume will finally force the market makers to cover and help fuel prices as demand exceeds supply. See this link for more information: http://www.buyins.net/tools/short_list.php?dys=%3E12
As always, we urge you to do your own research and wish you only the best in your trading and investing.
Batter up!
Disclosure: Long MCLN
BIOMED REPORTS ARTICLE HERE
Let's start with the worst kept secret on the Internet. Yesterday, our subscribers were issued a trade alert about this week's profiled company, MedClean Technologies (OTC:MCLN).
The company enables hospitals and other medical facilities to treat and dispose of their regulated medical waste and provide HIPAA-compliant destruction of confidential documents in an efficient, compliant, safe and cost-effective manner. If you haven't seen the video if their state-of-the-art on-site treatment system, please take a look at it on the right before reading further.
Within minutes of our posted alert, some of those subscribers among you began to post messages about the pick on forums and message boards across the web.
This happens every time we post an alert, regardless of when the information is released, but because this stock has so many eye-balls on it, the palpable excitement grew into something we had never really seen before.
Prices gapped up significantly as the market prepared to open and as the echo of the opening bell faded, the strength of the stock grew in not only momentum and incredible volume, but price as well.
It started out like many of our other profiled picks- reaching a morning high of nearly eight cents- almost double where it had closed on Friday, but instead of trading out before the "overbought" equity turned, investors held on as the price polarity shifted.
At the end of the day, according to many of the angry e-mails and messages that were passed along, our "over-hyped pick was pure garbage."
As writers who cover the sector, some claim that we can control many things, but two of the things we definitely can't control are the buy and sell buttons of our readers.
If we could, perhaps there would be more winners than losers among us, but then again we must remember that it's called a trade and almost by definition, someone will always walk away more happy than another. In the market, someone always holds longer than they could have and someone always sells before they should have.
Was Monday's incredible trading action that saw over a quarter of a billion shares change hands garbage or greed?
If you were one of the ones who feels you got caught holding the bag, then the answer may seem obvious- yet the matter is definitely quite debatable. Some hands, without question, were even shaken out of their shares by fear of a mad rush to cash out huge profits.
Amazingly, Monday's scoreboard showed that the stock closed mere fractions of a cent from where it closed on Friday's previous market session (-$.0073), but in the world of pennies, even the slightest percentages losses can quickly add up.
We understand that in today's market, most investors are in for a quick buck. These days, the impatient investor is more common that anyone would like to acknowledge in the biotech sector- a sector that had historically been home to some of the most patient investors on the street.
At the end of the day, the score card shows something else, however.
Some among you, who had been holding shares since they were priced at tenths of a cent made their money and moved on with big smiles on their face. They're in for a very merry holiday season, it would seem.
Others, added even more shares to their portfolio on today's dip and smiled into the evening sunset.
Self included.
Why, after all, should they sell their significantly vast amounts of MCLN shares at a vastly undervalued six, seven, or even eight cents?
As I mentioned in my alert to subscribers, this is a stock that just emerged from sub-penny levels, yet to some it may come as a shock that I continue to stand firmly behind my estimated a short term value target of $.40 per share.
"You've lost all credibility," writes another.
Maybe so, but those of us who carefully researched this company, spoke to their management group at length and looked carefully through their books and track record still feel not only bullish about this company, but extremely so.
If this were a glorified pump and dump scheme, then there are many of us who are still enthusiastically waiting to for the perfect opportunity to dump- and that is more along the lines of driven, calculated investing, we think.
Maybe we have lost our marbles, but the fact that paid subscribers feel compelled to share our picks is a two sided issue that we are wrestling with. On the one hand, if the information were worthless, then no one would care or even give the shortsighted and simple-minded actions a second thought. On the other, that brings me- in my own long winded way- to tell you about MCLN. This is rare penny level OTC entity that, we can assure you, is a real company, selling a real product, with real value and income, run by a real management team with tremendous experience that are all working hard together to fulfill real orders and contracts in a sector of the market still looking for a real leader to meet a pent up demand.
"Most of our competitors are mom and pop type shops," says Scott Grisanti who recently transitioned from CEO to Chairman of the Board of Directors for MedClean.
Even more compelling is the fact that this sub-sector (regulated medical waste) features companies whose market cap and trade values are most often based not on three or four times trailing twelve months (TTM) revenue and earnings, but actually fourteen to twenty five times those figures!
See sector leader Stericycle, Inc. (NASDAQ:SRCL) for a high mark example of that valuation analysis. SRCL's shares trade at over $54 per share. On the low end, you may want to examine Sharps Compliance Corp. (OTC:SMED) whose shares trade at over $9 per share.
Are you understanding the undervalued message yet? If you control a million shares or more of this company, you are in very good company.
This isn't the bottom of the final inning with two strikes and two outs. This ballgame is just getting started. Pitch number one just zoomed by. For some it became a home run. For others things are just getting warmed up.
The MedClean story, itself, gets better.
Through a recently announced partnership with the privately held Vestara, the Irvine, CA based provider of technology to automatically identify, sort, and segregate hazardous and non-hazardous pharmaceutical waste into proper streams, MedClean Technologies is showing some tells that they may be looking to establish a strong presence in the equally lucrative and under-served pharmaceutical waste management sector as well.
Already MedClean's solutions provide significant advantages for hospital customers compared to other approaches. These include lower costs, reduced risk and protection of host communities and overall better environmental solutions.
A single MedClean Container system can treat 1 million pounds of regulated medical waste per year, in addition to handling confidential document destruction (such as medical records), with a smaller footprint compared to multiple vendors handling different tasks for a hospital.
As one might imagine, the sales and orders for these cost, time and money saving systems are piling up.
Earlier this year in fact, MedAssets, Inc. (NASDAQ: MDAS), the $23 per share company whose group purchasing organization partners with hospitals and health systems to help improve quality and lower costs within the U.S. healthcare system awarded a contract to this penny stock company, and while specific financial details of the lucrative contract have yet to be completely revealed, it's safe to assume that the contract has enhanced the company's financial strength. After all, MedAssets runs one of the nation's largest group purchasing organizations (GPOs) and it helps to facilitate not only sales but leases of the equipment.
"Our manufacturing and installation bandwidth is running at full capacity," says David Laky, President and Chief Executive Officer of the company, "but that's a nice problem to have and we're actively making changes to accommodate more orders."
"We're excited about the collaboration with MedAssets and they have definitely enabled us to provide our solutions to an expanding base customers,” adds Chairman Grisanti.
The leaders appear particularly proud that their system meets the stringent and rigorous requirements of MedAssets as well as the tough regulatory requirements for processing medical waste in many states, including New Jersey- where customers in both the pharmaceutical and medical fields are required to minimize liability and protect the environment more strictly than just about any other state in the country.
In May, following a joint authorization issued by the state Department of Environmental Protection and Department of Health and Senior Services, MedClean was approved to provide New Jersey state hospitals with their systems following one of the most rigorous review processes and the first such approval for an on-site hospital system granted since 2005.
This was yet another in a series of victories for the group since their official launch of the company’s integrated business plan to emerge as the leader in the 2 billion market while transforming themselves into MedClean Technologies from their previously named Aduromed brand.
As part of that transformation, earlier this month, the company announced a restructuring of their management team. Laky was promoted to President and CEO as Grisanti transitioned to Chairman of the Board. Joseph Esposito, a key figure and accomplished leader of the group MedClean's past Chairman, remains on the board as a director and continues to serve as a consultant to the Company. Since that time, the company went from posting a loss of $7.8 million in 2008 to becoming cash flow positive on an EBIDTA basis in the 3rd quarter of 2009- marking impressive Third Quarter Revenue Increases 108% Year-Over-Year.
Tomorrow, in part two of our special report on the company, we're going to dive much further into our conversation with the unique management team- who actually share ties from their days at eResearchTechnology, Inc (Nasdaq:ERES). During their tenure there, the company's market valuation grew from $27 million to a peak of $1.5 billion, receiving recognition from Fortune Magazine as the number two fastest growing company in America and helping the company become the industry leader in safety drug research for biopharmaceutical, Contract Research Organizations (CROs) and medical device companies.
In the meantime, let's take a closer look at yesterday's trading action.
At first glance, it appears that the parabolic moves in share price for the stock may have signaled and end of the trend, but we have not really seen a verifiable sharp reversal in direction here.
Every stock has to breathe and there is no doubt that share prices which rise faster and faster can not sustain that sharp upward rise, since profits are being made very quickly and must be at some point taken.
The jury, in fact, is still out and how quickly this stock will grow another set of legs to take it up further will become more clear by the end of today's session, it may even become quite clear in the first thirty minutes of trading.
Fundamentally, the stock is very sound. Technically, we leave you with two different looks at the chart analysis. Click here to study the first one and here to view the second.
Remember also that MCLN has been on the SEC's Regulation SHO compliance tool list for over 20 consecutive days and is now high on the market maker's "buyin imminent" list. In our opinion, continued volume will finally force the market makers to cover and help fuel prices as demand exceeds supply. See this link for more information: http://www.buyins.net/tools/short_list.php?dys=%3E12
As always, we urge you to do your own research and wish you only the best in your trading and investing.
Batter up!
Disclosure: Long MCLN
With what happened yesterday i see us setting up a new base and going sideways for a few days, until news. There was dilution but it was less than 15million shares that were diluted. The dilution scared people, so they started selling which turned into the tumble effect, everyone panicing. Today should be interesting.
This can do a couple of things today, one is Biomed releases their interview and we start sailing again, second would be we trend sideways, third we find the bottom.
i think today was great, we needed to get some .0001/2/3/4 sellers out and whoever else sold, this will allow for us to build a nice strong base and bring in new investors, i have been adding to my share count on dips, today was a nice day to do so. I think we can expect a more gradual climb/churn day tomorrow. Unless news hits.
Between now and the 8th of Jan,
i am so confused... .0555??
All, Please keep the topic to QEDN
i love football just as much as any of but postings need to be about QEDN, off topic is in violation of the user agreement and will be removed asap.
QEDN 6s 2 left on ask
RMDM 2 5s left
RMDM is going to start getting really thin..
5s 3
6s 1
7s 1
8s 3
9s 0
.001s 1
QEDN great entry at 6s 1 left 2 at 7s 1 at 8 then to .001s
Im so glad MCLN is losing alot of the .00x holders there getting scared and taking profits... this is such a great find.
QEDN / MCLN doing GREAT consolidation getting rid of the lower range shareholders. This is a great entry on either stock.
QEDN has ran up the past few days with little consolidation, 5 is a key support as long as it holds we are golden. great entry for this stock is .0005 or 6
only 1 left on 6 right now
MCLN has ran 40%, 50% and 80% this past week, and ran to .07 this AM its finally loosing alot of the .00x holders great entry for this stock imo is .036-.045
SKGO going to pop again this week, .001 - .0012 good entry point
QEDN Entry point..
75% of the outstanding shares will be tied up come jan 8th
Whenever a stock gaps, that gap has to be filled so MM's swap some shares bringing it back down, which scares other shareholders and then leads to panic selling. Once the dust settles it gets back on track.
QEDN / MCLN both Golden Nuggets! :)
Told you guys awhile ago bout MCLN... .07 SO SEXY!
**More DD/Compiled/Updated**
Locations of our new pending partners:
Headquarters
3184 Robinson Rd Ne # 100
Marietta, GA 30068
Phone:(770) 971-7076
Branch
2215 Emerson St Ste 100
Philadelphia, PA 19152
Phone: (267) 463-6295
Branch Manager: Igor Avratiner
On Nov 09, 2009 the Company entered into Letter of Intent (LOI) to merge with Southeastern Retail Services, Inc., d/b/a "ProRemote Solutions" ("ProRemote Solutions"). ProRemote Solutions, www.proremotesolutions.com, is a manufacturer of innovative, home-based technology solutions for the Home Theatre Industry. The company provides a value proposition of proprietary, single source remote control solutions integrating audio & video media servers along with remote monitoring, security and lighting systems in a single remote control unit. ProRemote also offers stand alone home theater products. ProRemote Solutions is headquartered in Marietta, GA.
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010.
Link: Page 10 First Paragraph
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26040
About ProRemote
Business of ProRemote – Products and Services offered
There is a significant gap between high and low end of price/feature matrix for home theater solutions. This leaves the user with the challenge of determining the level of functionality required to enable the user to experience the full capabilities and value of their system. High end solutions are very feature rich but expensive and the low end misses most of the necessary and desired functionality. Furthermore, with high or low end systems, achieving the additional functionality and maximum value usually requires multiple remote controls and technologies.
In the home theater and environment control arena there are no standard codes or platform for programming. Further proliferation of IP controlled devices will only make remote operations increasingly more complex and difficult to integrate.
ProRemote Solutions proprietary software for Home and Office Automation and Video/Audio Servers offers a one stop solution, in a single remote control unit, at an affordable price. Following is a summary of our product categories:
Remote Control
• Low price vs. competition with greater functionality
• Easy to use, install, implement
• Flexible software
• Can be operated from PC, smart-phone, or any web-related device
• Seamless integration between products
• Multi-location, multi-channel controls
Music Server
• Low price vs. competition with greater functionality
• 5 Independent Streams in 5 Zones
• Controllable from any web browser
• Highest Specs- THD .007, SNR 109
Video Server
• Low price vs. competition with greater functionality
• 5 Independent Streams in 5 Zones
• Controllable from any web browser
• Blue-Ray capabilities
Product Distribution Method
ProRemote will target Home Theater dealers to develop a network of authorized reseller and retail outlets. The Company will initially focus on the 3,500 dealers and custom integrators who are members of CEDIA. CEDIA is an international trade association of companies that specialize in designing and installing electronic systems for the home. Founded in September 1989, CEDIA’s members are established and insured businesses with bona fide qualifications and experience in this specialized field. For more information on CEDIA, visit the association’s website at www.cedia.org. Currently there are over 30,000 custom installers in the US, within the A/V and control industries.
Competition and competitive disadvantages and advantages
The company differentiates itself from competitive products:
•Low cost structure
•Low relative industry sector price
•Greater product functionality
•Proprietary software with unique features
•Key industry relationships
•A product comparison is available on the website www.proremotesolutions.com
•Any Intellectual property including patents, trademarks, licenses, proprietary knowledge
•ProRemote Solutions proprietary software for Home and Office
•Automation and Video/Audio Servers
Management Team
Michael Gregorakos, CEO
Igor Avratiner - VP- Sales & Business Development
Chris Corrigan - Chief Software Engineer
Board of Advisors
Allen January - Best Buy
Mary Berg - Dell
Mark Donnigan - VUDU
Daniel Kolber - Baker Donaldson
Mike Powers, CPA - Powers, Farmer & Company
All shares i found held by insiders:
M. Thomas Makmann – 88,001,767
J. Roger Kirkland – 8,000,000
Raymond Purdon - 20,800,000
The VP Sales & Marketing, Roger R. Kirkland's wife and adult step son approximately 8,000,000
Thomas Makmann, has 2 adult children and 2 minor children approximately 5,000,000
Cape MacKinnon Inc. 250,000,000 Common Shares
Steve Frye
2063 N. 102nd Pl
Scottsdale, AZ 85255
Falcon Financial Partners LLC 250,000,000 Common Shares
Ed Liceaga
1446 Front Street Ste. 400
San Diego, CA 92101
Firebird Global Management, LLC 230,000,000 Common Shares
Matt Connor
3340 Peachtree Rd Ste. 1800
Atlanta, GA 30326
Connor & Kirk Capital LLC 230,000,000 Common Shares
Matt Connor
415 Madison Ave.
15th Floor
New York, NY 10017
Samoset Investment Group LLC 200,000,000 Common Shares
Mark Makmann
125 Erskine Ave
Manchester, NH 03104
Current Share structure:
A / S 5,000,000,000
O / S 4,229,425,280
Float 2,886,723,512 (currently tradeable)
Held by insiders: 1,342,701,768 (based on figures given to us)
Total shares held by insiders i found based on who owns them; 1,289,801,767
That leaves 52,900,001 unaccounted for; however I did find a clause stating board of directors own approximately 1% 53million/4.2bil = 1.25% give or take.
Ok, now the exciting part:
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010.
Link: Page 10 First Paragraph
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26040
currently available: 2,886,723,512 (in the float)
2,886,723,512 x .75 = 2,165,042,634
2,165,042,634 gets tied up now subtract old float from shares getting tied up.
2,886,723,512 - 2,165,042,634 = 721,680,878 available for trading.
New Float Estimate: 721,680,878
These are estimates, it clearly states Approximately these could be less. Either way I see the new float being under 1,250,000,000
Courtesy of PERSER
Date-volume-close:
Nov. 9 - 155 million - 0.0002 (Signs Letter of Intent for Merger)
Nov. 10 - 70 million - 0.0002
Nov. 11 - 28 million - 0.0002
Nov. 12 - 29 million - 0.0001 (Partner Seeking Finalize Contract)
Nov. 13 - 87 million - 0.0001
Nov. 16 - 46 million - 0.0001
Nov. 17 - 44 million - 0.0001
Nov. 18 - 9 million - 0.0001
Nov. 19 - 216 million - 0.0001
Nov. 20 - 68 million - 0.0002
Nov. 23 - 1.1 billion! - 0.0003
Nov. 24 - 452 million - 0.0003
Nov. 25 - 401 million - 0.0005
Nov. 26 - US markets closed
Nov. 27 - 358 million - 0.0008 (half day to trade)
With this information I went and looked at a chart and estimated Buys vs. Sells
Results i came up with from the 9th of November through the 27th of November:
1,964 Buys 1,099 Sold
~865 Million being held by share holders IMO
If you think about it, its as if we are already trading on less than 1 billion... All IMO we continue to move up fairly quick.
All DD is found by me with in PR's, Filings on Pinksheets, Company Websites, Google Searches.
Please do your own digging and come to your own conclusion, it is you that must live with the decisions you make with your money, so make sure you are confortable with the information you obtain.
Feel free to ask any questions.
will need news to keep the momo other wise i see it dying off.
QEDN i believe will test mid .0015 if not higher. I honestly believe they have locked in roughly the 75% of shares that will be going to ProRemotes... The way its trading now, i see it moving up pretty rapidly.
the latest report on pinksheets first statement on page 10
Link:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26040
My prediction would be pushing .0015-.002 area. Depending on the news we recieve next will give us an idea of where we are headed. I just hope people dont get discouraged because this company isn't dropping PR after PR trying to pump this stock. They released information that was valid and that is all that was needed. To me that is a great sign, that we will get meaty PR's instead of PR's known as Fluff aka the PUMP PR.
All IMO.
SAMM
Up up and away....
....Date...........Reg SHO Threshold Flag...........Rule3210 Flag
Nov 27, 2009...............Yes...........................No
Nov 25, 2009...............Yes...........................No
Nov 24, 2009...............Yes...........................No
Nov 23, 2009...............Yes...........................No
Nov 20, 2009...............Yes...........................No
Nov 19, 2009...............Yes...........................No
Nov 18, 2009...............Yes...........................No
Nov 17, 2009...............Yes...........................No
Nov 16, 2009...............Yes...........................No
Nov 13, 2009...............Yes...........................No
Nov 12, 2009...............Yes...........................No
Nov 11, 2009...............Yes...........................No
Nov 10, 2009...............Yes...........................No
Nov 9, 2009................Yes...........................No
Nov 6, 2009................Yes...........................No
Nov 5, 2009................Yes...........................No
Nov 4, 2009................Yes...........................No
Nov 3, 2009................Yes...........................No
Nov 2, 2009................Yes...........................No
MCLN MEDCLEAN TECHNOLOGIES, INC.
http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold
*New DD/Update/Compiled*
On Nov 09, 2009 the Company entered into Letter of Intent (LOI) to merge with Southeastern Retail Services, Inc., d/b/a "ProRemote Solutions" ("ProRemote Solutions"). ProRemote Solutions, www.proremotesolutions.com, is a manufacturer of innovative, home-based technology solutions for the Home Theatre Industry. The company provides a value proposition of proprietary, single source remote control solutions integrating audio & video media servers along with remote monitoring, security and lighting systems in a single remote control unit. ProRemote also offers stand alone home theater products. ProRemote Solutions is headquartered in Marietta, GA.
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010.
About ProRemote
Business of ProRemote – Products and Services offered
There is a significant gap between high and low end of price/feature matrix for home theater solutions. This leaves the user with the challenge of determining the level of functionality required to enable the user to experience the full capabilities and value of their system. High end solutions are very feature rich but expensive and the low end misses most of the necessary and desired functionality. Furthermore, with high or low end systems, achieving the additional functionality and maximum value usually requires multiple remote controls and technologies.
In the home theater and environment control arena there are no standard codes or platform for programming. Further proliferation of IP controlled devices will only make remote operations increasingly more complex and difficult to integrate.
ProRemote Solutions proprietary software for Home and Office Automation and Video/Audio Servers offers a one stop solution, in a single remote control unit, at an affordable price. Following is a summary of our product categories:
Remote Control
• Low price vs. competition with greater functionality
• Easy to use, install, implement
• Flexible software
• Can be operated from PC, smart-phone, or any web-related device
• Seamless integration between products
• Multi-location, multi-channel controls
Music Server
• Low price vs. competition with greater functionality
• 5 Independent Streams in 5 Zones
• Controllable from any web browser
• Highest Specs- THD .007, SNR 109
Video Server
• Low price vs. competition with greater functionality
• 5 Independent Streams in 5 Zones
• Controllable from any web browser
• Blue-Ray capabilities
Product Distribution Method
ProRemote will target Home Theater dealers to develop a network of authorized reseller and retail outlets. The Company will initially focus on the 3,500 dealers and custom integrators who are members of CEDIA. CEDIA is an international trade association of companies that specialize in designing and installing electronic systems for the home. Founded in September 1989, CEDIA’s members are established and insured businesses with bona fide qualifications and experience in this specialized field. For more information on CEDIA, visit the association’s website at www.cedia.org. Currently there are over 30,000 custom installers in the US, within the A/V and control industries.
Competition and competitive disadvantages and advantages
The company differentiates itself from competitive products:
•Low cost structure
•Low relative industry sector price
•Greater product functionality
•Proprietary software with unique features
•Key industry relationships
•A product comparison is available on the website www.proremotesolutions.com
•Any Intellectual property including patents, trademarks, licenses, proprietary knowledge
•ProRemote Solutions proprietary software for Home and Office
•Automation and Video/Audio Servers
Management Team
Michael Gregorakos, CEO
Igor Avratiner - VP- Sales & Business Development
Chris Corrigan - Chief Software Engineer
Board of Advisors
Allen January - Best Buy
Mary Berg - Dell
Mark Donnigan - VUDU
Daniel Kolber - Baker Donaldson
Mike Powers, CPA - Powers, Farmer & Company
All shares i found held by insiders:
M. Thomas Makmann – 88,001,767
J. Roger Kirkland – 8,000,000
Raymond Purdon - 20,800,000
The VP Sales & Marketing, Roger R. Kirkland's wife and adult step son approximately 8,000,000
Thomas Makmann, has 2 adult children and 2 minor children approximately 5,000,000
Cape MacKinnon Inc. 250,000,000 Common Shares
Steve Frye
2063 N. 102nd Pl
Scottsdale, AZ 85255
Falcon Financial Partners LLC 250,000,000 Common Shares
Ed Liceaga
1446 Front Street Ste. 400
San Diego, CA 92101
Firebird Global Management, LLC 230,000,000 Common Shares
Matt Connor
3340 Peachtree Rd Ste. 1800
Atlanta, GA 30326
Connor & Kirk Capital LLC 230,000,000 Common Shares
Matt Connor
415 Madison Ave.
15th Floor
New York, NY 10017
Samoset Investment Group LLC 200,000,000 Common Shares
Mark Makmann
125 Erskine Ave
Manchester, NH 03104
Current Share structure:
A / S 5,000,000,000
O / S 4,229,425,280
Float 2,886,723,512 (currently tradeable)
Held by insiders: 1,342,701,768 (based on figures given to us)
Total shares held by insiders i found based on who owns them; 1,289,801,767
That leaves 52,900,001 unaccounted for; however I did find a clause stating board of directors own approximately 1% 53million/4.2bil = 1.25% give or take.
Ok, now the exciting part:
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010.
currently available: 2,886,723,512 (in the float)
2,886,723,512 x .75 = 2,165,042,634
2,165,042,634 gets tied up now subtract old float from shares getting tied up.
2,886,723,512 - 2,165,042,634 = 721,680,878 available for trading.
New Float Estimate: 721,680,878
These are estimates, it clearly states Approximately these could be less. Either way I see the new float being under 1,250,000,000
Courtesy of PERSER
Date-volume-close:
Nov. 9 - 155 million - 0.0002 (Signs Letter of Intent for Merger)
Nov. 10 - 70 million - 0.0002
Nov. 11 - 28 million - 0.0002
Nov. 12 - 29 million - 0.0001 (Partner Seeking Finalize Contract)
Nov. 13 - 87 million - 0.0001
Nov. 16 - 46 million - 0.0001
Nov. 17 - 44 million - 0.0001
Nov. 18 - 9 million - 0.0001
Nov. 19 - 216 million - 0.0001
Nov. 20 - 68 million - 0.0002
Nov. 23 - 1.1 billion! - 0.0003
Nov. 24 - 452 million - 0.0003
Nov. 25 - 401 million - 0.0005
Nov. 26 - US markets closed
Nov. 27 - 358 million - 0.0008 (half day to trade)
With this information I went and looked at a chart and estimated Buys vs. Sells
Results i came up with from the 9th of November through the 27th of November:
1,964 Buys 1,099 Sold
~865 Million being held by share holders IMO
If you think about it, its as if we are already trading on less than 1 billion... All IMO we continue to move up fairly quick.
All DD is found by me with in PR's, Filings on Pinksheets, Company Websites, Google Searches.
Please do your own digging and come to your own conclusion, it is you that must live with the decisions you make with your money, so make sure you are confortable with the information you obtain.
Feel free to ask any questions.
i want us to chew through the .55 warrents!!! :)
I wont be able to give one until monday morning. I usually play news... Merger/share structure / contracts are what i look for. for a Fresh play.
Ones i like and see moving higher then current price, how much higher is anyones guess.
I own stock in some of these, but not all. Just my opinions.
QEDN merger completion pending based on my DD will make the Float less than 800mil Which makes it move easily.
.0001 was bottom
MCLN, been shorted around 17+ days moving massively... .004-5 range was bottom
SSHS, looking for the bottom of this stock for another entry point, ran to .01x range.
RKLC, randomly runs, but runs well when it does.
SKGO, possible entry point pending news on merger, shot to .002 a week ago, could touch higher points upon news.
HESG, called on this board at .0001 has potential, but takes to long imo to move. (if you have patients possible good)
RMDM, great call at .0001 would say possible play but unsure on whole cenario. Read into it before getting involved.
PNMS, could run, left sour taste in my mouth so i just dont like it. moves on air.
ALL IMO
Give the man time... shoot he does this for free.... hes assisted me every time i have asked, im not about to get all fussy for a service he does in his spare time.
imo would look for something else... and watch for a great news one.
Yea, it doesnt state how they will obtain these shares. it just states approximately how much they are going to get.
Will compile DD and make a one stop shop tomorrow with new share structure estimates.
This is going to be one hell of a ride.
$$$Check this out... New Share Structure estimate$$$
I can account for 1,269,001,761 shares by insiders... this tells me that the 75% will be the remaining...
4,229,425,280 x .75 = 3,172,068,960 However, thats not all available... so
4,229,425,280(current O/S) - 1,269,001,761(isiders own) = 2,960,423,519 (whats left in Float)
2,960,423,519(available) x .75 = 2,220,317,639 (whats bought up)
Now, if you take Whats Available - What ProRemotes gets that leaves us moving on
AROUND 740,105,880 SHARES TRADEABLE... with the way we have been trading we will KILL THIS 4x over!!!
Please do your own math and DD i can not make your decisions for you i can only direct you to my conclusions and how i got my information Feel Free to ask any questions... or criticize any of my DD!!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
That was me Buzzy, and the link is below, it is the 10 Q
Link:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26040
Page 10 beginning is where it is located.
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010. (found info in latest quarterly report)
this can happen between now and Jan 08, 2010, that means once they receive the 75% of common stock, this stock will move on air.
current O/S 4,229,425,280 shares
x .75 = 3,172,068,960 (75%)
left for trading = 1,057,365,320
Just in case scenario: if they max A/S 5bil
3.75bil tied up
1.25bil left for trading, So this will move up to higher highs... its a .0001 The merger should help generate more revs.
Once this has been finilized we will see higher and higher highs.
lol by doing this before November 30th lol you cant OWN 50mil + lol..... Greatest corruption of 2009!
MCLN isnt talked about... its the best kept secret! so SHHHHHHH when we hit .10 people will wet themselves.
I will be looking this weekend for a call.
....... i just have no comment..........
Lotto: heheh dont we all! lol.. the only one i see going is PNMS .0001-.01. the ask is thin
Crapsman: Wanted 99-Bagger 0.0001---0.01 Dead or Alive Reward======Green