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This is a second provisional patent. Take a read really pretty cool stuff. What are these guy's doing. Medical billing company and this. I wish we had a techie on this board to discuss this. I forgot we can't talk about what the company is doing.
On a side note I am mistaken, the stock is holding up a lot better then I expected. I would think it will be good to continue this trading to get on the radar of investors that atcually7 follow what a company is doing...
"DPR with LR prevents reverse engineering of circuitry, ensures variability from use to use, makes state retention and recovery impossible, and provides better security against circuit re-engineering and PCB board layout can be simplified.
Read more at http://www.broadwayworld.com/bwwgeeks/article/Cloud-MDs-CipherShop39s-Digital-Electronic-Security-Solutions-Announced-Today-That-Its-CipherLoc-CR-Product-Has-Filed-for-and-Received-a-Second-Provisional-Patent-20140306#ueLEx14ZpDCT0XMi.99"
www.broadwayworld.com/bwwgeeks/article/Cloud-MDs-CipherShop39s-Digital-Electronic-Security-Solutions-Announced-Today-That-Its-CipherLoc-CR-Product-Has-Filed-for-and-Received-a-Second-Provisional-Patent-20140306#.Uxjhq-BY_HM
How do you know that you will be able to purchase "many more shares". You are just saying you will. I am asking how do you know. what is unclear about this. 4th time asking.
Your explanation does not explain the statement you said before. If the current shareholders follow your advice and sell all their shares. How will they be able to purchase a "much larger position" after the reverse. How would you know what a sell price would be if 20 million shares are unloaded? And how will you know what a buyback price would be. Please answer this because you are on the record for advising every shareholder to sell there shares "and" telling them they will be able to get a "much larger position."
"But if one sold now, they could use those dollars to buy a much larger position in the post R/S company then they will have if they hold through it!"
Before making a statement like this shouldn't you know what a sell price would be, what a re-purchase price would be, what the r/s would be, what the share count would be. Heck you just said yourself you didn't have all the information. But your statement has absolute certainty. (maybe a lot of assumptions?).
"That is a major misconception.. it doesn't, and won't, work that way here! Common shareholders are going to lose badly with the reverse split. It is in black and white in the filings..."
On topic:
While it is all good to look at all avenues and aspects of stocks. I think were are getting off topic. Talking about what a shell is ,what a split is. Will shareholders get hurt by a split and so on. What we are not discussing is the viability of the current company. They have accomplished a heck of a lot over the past few years. Through filings, a medical software billing company and that cipherlock CR thing, that to me sounds pretty amazing. Where were we before? nowhere. Where are we now? Well we have a piece of a company with what seems to be some very good potential. How good? we don't know. But it would be nice to have some on topic discussions of the companies business potenial.
I think it is pretty clear that there will be a r/s. And why not. DLG is the person that has created this and I hope he makes a zillion dollars. If these products and services do well everyone will do well. I would rather a fewer shares of a great company than many of a lousy one. But we are "not" talking about what the company will do, but rather how many shares you will have left after the split. As if that will be the end of your investment. Some folks are saying your shares will be worthless after the split and you should sell now. I don't see how someone can know that "unless" they "know" that their product/services will not take off and the company will fail. I believe that the true value of the company is their success in the future. That is all the more reason to talk about what the companies prospects are as a business.
True, but again why are there three 497 filings and one n-q?
Perhaps they feel that they have great products and business model and they can attract investors in the future.
Exactly
Funds wouldn't want to invest in otcbb
And it would take more than a higher share price to get on an larger exchange, but it is one criteria.
Slojab I would tend to agree,
But why are we in those filings "now". As you assumed earlier if they were purchase a long time ago why are they appearing in filings now and now a year or two ago.
Maybe
They are looking to rs the stock to achieve a higher price with intentions of getting on a higher exchange. Possibly also to be more attractive to mutual funds and institutional investors.
I would think as a penny you are unable to get that kind of investors. Again if anyone knows please chime in.
Or Maybe
They will be aquiring.
Anyone that knows please chime in....
I am refering to the filings
We have four "497"'s and one "n-q" that is just out today. Do you have any idea.
re: news
Does anyone know what a "n-q" is or a "497"
What are these filings.
DD, Major News
Getting off the pinks in itself is a major accomplishment on it's own. What they are doing is even more interesting, We will just have to wait and see where it goes. All in all for people that had a worthless stock. Now this is a gift from God.
Do you remember who is was on this board that said they believed NSCT would not get off the pinks?
Surely they must think this is Major news.
correction to my last post.
Instead of more shares available after the split, I should have said more shares will be added to the float.
It is anyones guess
where the share price will go after the split. After the split there will be more shares available but being fully reporting investors will know what the status of the company is. With the software just being released will see how well it is received. Doctors will get be awarded shares when they sign contacts and a new and broader investment base will come. That in itself would push the price up. But now it is anyones guess.
Re:silent period
It has been like 4 months since Micheal Delargaza announced they would were preparing to go on the otb. I have a feeling very shortly we will get listed. Everything we ever wanted to know about cloud mds will be disclosed. From there we will know where we stand. But so far a lot has happened this company has not been idle. I have a feeling Delargaza will make a success of this company and in one way or another we will all be rewarded.
news
www.prweb.com/releases/2012/7/prweb9696720.htm
It would be nice
If Delargaza would restructure the reverse split. We all understand that this is his company and he is entitled to a the majority ownership. Not to mention free shares he may need to give to his clients. But the split should be more focused on who is holding the majority shares of the company. Namely Grollman and the Clark estate. They have so many shares they will walk away handsomely even with a 200 to one split. If he could restructure the split so that only say the majority shareholders get a 200 to one and maybe we only get a 20 to one. He can achieve his objectives. We minority shareholders have lost all our money and would only fair we stand a chance to get a decent return after all these years. It really isn't fair to Delargaza to give say half or two thirds (i am guessing here) of his company to Grollman and the clark estate. They have so many shares. But for us It would greatly diminish our returns. I think we should all write to Delargaza and politely ask he restructure the split so that we long time minorities investors will hold a better stake.
As much as we dislike reverse splits.
Our main focus needs to be fully on how successful this company turns out. It appears He has a plan. If we could get a 10% market share we will still be rewarded. One thing I would love to know is why didn't he just r/m. Instead he took over, updated the site with revamped products stating that he was pursuing the current products. Not to mention how he got voting rights. (I think szabos brought him in they got the Clarke estate to vote with them. my opinion)
So again all we can do is hope he is serious about becoming a major player. The r/s would mean nothing.
I noticed they updated the nsct website. It now has the cloud mds logo on it. But still the shares have not been updated.
re: authorized shares
I think that the 650,000 authorized shares are an important cornerstone of Delargaza's business model. He could have done this the conventional way as a few of his competitors by using venture capital. Why doesn't he even list nsct as the trading stock on the cloud website. He may want to keep the share price down so that when he offers shares to clients and doctors they can have a nice return. He is doing nothing to promote the stock at this time.
Re:medcom
I believe I read that delargaza exposed medcom officers for wrong doing. If that is the case why did they retain him as coo. One thing he seems to be an honest guy.
These small sales
are just filling existing larger orders. No one is buying less then the cost of a trade.
I hope they keep the name.
I was just thinking that because they haven't updated the site and the cloud site makes no reference to nsct. They may want to just be focused on branding the cloud name. After all it would make it easier for investors to find the public traded company.
I am actually pretty happy with they are pursuing, given how big the market is and seeing he seems to have have a pretty unique business model. 20% market share would be huge 10 or 5 wouldn't be that bad either.
When Delargaza first took over he made no mention about the medical software buisness, That was speculation. He told people that he was pursuing the current products. Pretty shortly after the new website came out and he re-vamped all the products and made a small mention that they were emerging in the medical software business. Again at that time he took the original website down with out telling people their was a new website. I just stumbled upon the new one. It just seems he wants to be very stealth about his business plans. He is in no rush the get investors or more likely letting his competitors know what he is up to.
iI like the whole ibus thing but I think it would be better suited for commercial trucking. In the site he also mentioned some thing about :moving people and assets. Assets, that is not for busing. Maybe greyhoud buses. This market is huge is huge if he goes outside of busing. I wrote him an email once suggesting that he gets a homeland security certification.
We just do not know he is up to. If he chooses to focus solely on the clould thing I do understand, because where he wants to take this will require a lot of time the next six months will be very telling. I can;t wait.
cloud
In general is taking off. It is just easier to maintain. seamless trouble shooting, software updates. No need for a tech person and the end user doesn't a powerful computer no to store data. However there are some privacy concerns as people have their data stored in the clouds as opposed to their hard drives.
King, I think the nsct site
Will soon be no longer and nsct will be renamed to cloud something. He seems not to be interested in promoting the company at all. More a rather non hyper which is pretty refreshing from what we have been subjected to. He is methodically getting a business plan and when he is ready he inform us.
One good thing is he is already in the business so he has potential clients. A few of which are probably beta testing it. when It is released i think the sales of his existing client base would be locked in. That is a good way to get off the ground.
This next release I hope he shares some more info of his progress. At least to know what plans he as with the share structure and who owns what.
I do agree from the cloud site he makes a very case for his product. From the method patent to bringing the industry together to leverage synergies. What I like most is our competitors probably aren't doing the same so at least this could be an advantage. Maybe that is why he is keeping such a low profile.
On the nsct website
I noticed they removed the mages but they never updated the authorized or outstanding shares.
It seems like that would be one of the first things Delargaza would do. As well as show a link to the cloud-mds website to attract investors. After all the nsct address is listed on the last filings.
any thoughts.
Doubbledown
Thanks for that DD, This market is huge. I am sure some of the bigger players will certainly go towards a cloud model. There will always be competition. What would our s/p be if we would get 20% of the market? Let's hope and pray our product is a good one.
The shareholder count
is currently 866. I would think that most investors don't follow this stock at all. Many probably just have them in their portfolio's. All these tiny sales and buts for that matter are probably just the mm filling in existing (larger buy/sells) orders;
Right now as a pure speculative play, at this price. I don't how anyone would be selling. It seems the cloud medical software business is going to be huge. If we can get 20 percent of the market we will do really well.
Seeing the software is probably still being beta tested at this time. We really wont' have sales until this time next year. So right now all we can do is hope. We do know Delagarza knows this industry have a customer base already and appears be doing this thing right. The web site pretty much outlines what he is selling. He involved Doctors input for the software and is offering dr's and a piece of the company profits. That is a very thought out business models. I think He owned or managed medical facilities as well.
The location devise thing is still up in the air. The nsct website has not been updated. The location devices could also be sold to hospitals as well. Right now we only have a glimse of his business model. But so far he did every thing he said he was going to do. I am very excited. Looking back at a one cent share price some people will have regrets.
glta
Delargaza has been in the Medical Software business
with AMSS Absolute Medical Software Solutions. He appears to be re-vamping the software to a cloud base. He seems very connecting in the Business and already has a client base. It says in the site that software is designed by Physicians for Physicians. Who is involved, It sounds very well thought out. Let's hope it is a great software and well received. Medical software is a huge industry.
He also re-vamped the ibus software and hardware, He started from scratch. In the nsct site it says "sells a variety of devices that location-enable important commercial and non-commercial activities, such as the safe and secure movement of people and assets over short and long distances." "people and assets", "commercial non commercial". I would think it is being targeted for more than just buses. I would think maybe the trucking industry or freight trains, I don"t even know if he is still pursuing this.
How did he get control of enough shares to oust Grollman. Many questions left to be answered but all in all things are looking a whole lot better. This medical software stuff sounds like the real thing. finally. This basically has turned into a reverse merger .
GLTA
Nice site.
These guys have been busy. Does anyone know if they are still doing the mvdr.
They are no longer in Scottsdale. The old website is down and the new one is http://nsct-usa.com/. It appears they revamped the ibus with new software and etc. They mention becoming emerging force in the medical software and services market, so the original speculation was some what correct. As far as the buying, I would thing that a few people were aware of these activities and wanted shares.