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Wouldn't that kinda put a damper on things with dtc chill, have heard some brokerages won't deal with the chilled ones and know mine wont IMO.
Any idea when DTC chill came into affect? I don't remember there being one a few months ago.
Your right on, if I saw renovation pics of same location we have pics of that indicated retrofit towards med clinic; that would be quite a plus.
I'm hip to your comment about lumber yard type pics! To many savvy folks here on board to fall for that IMO.
Agreed!
That video was quite fitting daddy-o. Couldn't think of a better one!
Believe your suspicion about the cashing out is on the money. Seems possible a failed plan on making/taking money has not worked as planned as a possibility, and perhaps the rats are leaving a sinking ship for want of better words; again as a possibility IMO.
I'm not referring to investors.
Hope am proven wrong.
Is it too early for AGS to sell theirs?
I'd like to see it too dadx if you find a reference.
Probably good thing for us fairly new to pinkys/otc's!
Ive noticed Ameritrade will not allow buying certain pinks/otc's more and more frequently and not always because of a "Chill". Ive asked them on a few, with rather vague answers like "it depends on this and that, best way to tell is try to put in an order".
Not that MDCE does not have a Chill, just be aware Ameritrade does not need a "chill" to limit buying certain ones IMO.
That's a problem. Mdce seems to be cash strapped and if a suit was brought it seems so common the winners are ones with the most cash IMO.
Unless mdce could get an outside entity to take action on their behalf if the deal was truly predatory.
If an outside entity was involved, what would be the possible reprocussions to investors? Just more stories or delays?
Well the money didnt go to AGS capitol group to pay the termination fee for MDCE cancelling the REF financing IMO.
http://www.sec.gov/Archives/edgar/data/1404593/000121390012005690/sc13d0512ags_medicalcare.htm
"In connection with the acquisition of the securities of the Issuer, the Reporting Persons have a Reserve Equity Financing Agreement and Registration Rights Agreement with the Issuer, dated April 27, 2012. A copy of the Reserve Equity Financing Agreement was filed as Exhibit 10.40 to the Issuer’s Current Report on Form 8-K, filed with the SEC on May 4, 2012, and incorporated herein by reference. A copy of the Registration Rights Agreement was filed as Exhibit 10.41 to the Issuer’s Current Report on Form 8-K, filed May 4, 2012, and incorporated herein by reference. On July 23, 2012, the Issuer sent to AGS a letter terminating the Reserve Equity Financing and Registration Rights Agreement, however, the Issuer did not pay the required termination fee. This was disclosed in Item 1.02 to the Issuer’s Current Report on Form 8-K, filed June 12, 2012, and incorporated herein by reference."
Looks like AGS holds 35% of the 1.4bil approx shares of this type that were available at that time?
Actually never mind, read the thing with glasses and think it says AGS has 400 mil shares because MDCE didn't pay the termination fee for cancelling the REF financing deal.
Don't suppose anyone would care to translate what today's filing form 13 means? Keep getting confused with this AGS popping up, thought they were out of the picture.
Yep, I was wondering how that's going to work.
Look at one of my posts from 12th, didn't find any MDCE email for him. Dang iPhone hard to tyope
Pics of construction/renovation sure would help and just as importantly the medical equipment status that was mentioned. I believe a line of credit was mentioned with a German company for med equipment?
And MDCE mentioned in SEC doc that new COO may have relation
to a Catawba School District:
http://www.sec.gov/Archives/edgar/data/1404593/000121390012005602/f8k100812ex10lviii_medical.htm
"(d) Provided, however, nothing herein shall be construed so as to prevent and/ or interfere with Executive's duties to the U.S. Air Force and/ or Catawba School District."
I believe the school district in question with some bio on new coo IMO is:
http://www.catawbaschools.net/schools/BunkerHill/JROTC/Biographies/Forms/DispForm.aspx?ID=1
I think you might be right, looks like the 33mil was issued to AGS for what kind of looks like administrative stuff related the the REF financing.
Thought it was strange the doc was dated April, and filed today.
Looks like even though dated on form as April, was really filed today? Hmmmm......
http://www.sec.gov/Archives/edgar/data/1495531/000121390012005612/0001213900-12-005612-index.htm
That's what I thought
I take it that we would see another form 13 if they sold these shares or their stake ended up at less than 5%?
Really like the idea of an board member in USA. With a medical and management background, we'll see how this works out. Havnt checked out closely but first glance promising.
Looks interesting! Was looking at attached PR and agreement between Mr. Hall and MDCE:
http://www.sec.gov/Archives/edgar/data/1404593/000121390012005602/0001213900-12-005602-index.htm
http://www.sec.gov/Archives/edgar/data/1404593/000121390012005602/f8k100812ex10lviii_medical.htm
I take it the agreement hints Mr. Hall will be possibly U.S based if he's working or doing something for this school district and U.S Air Force.
"(d) Provided, however, nothing herein shall be construed so as to prevent and/ or interfere with Executive's duties to the U.S. Air Force and/ or Catawba School District."
Love that article. Was trying to explain to the kids about some dangers with stinky pinkys/otc market and that article is a must read with some other ones!
Finding that exception to the rule, Oh where is it?
MaloneBaily,s most recent check out of their audits indicated deficiency s in 4 out of 11 audits checked by the PCAOB.
http://pcaobus.org/Inspections/Reports/Documents/2012_MaloneBailey_LLP.pdf
Maybe no biggie, might be commonplace for folks like MaloneBaily.
For me at least, I simply choose to be here at mdce board and post/investigate etc.. reguardless of scam or not; nothing is going to change this. Some choose to be negative or positive and occasionally both IMO for their own reasons.
Dont think it'll hit zero, and my opinion theres room for swing trading, but thats just an opinion and make your own call.
You got that right, "sticks and stones" mdce PR folks.
I see your point, although haven't been around I hub long enough to see a company rep posting on any yet.
You would think they would want to communicate to a larger audience than here.imo
That's kind of a scary thought, tat we would have that much juice!
Actually, I was wondering just that. Can't find a reference to this Joy thing online yet, maybe it's a licence purchasing or expediting company who knows.
Was looking at the loan agreement between Oceanwise and MDCE, and was wondering if anyone knew who "Joy Licence Limited" is or how might relate to MDCE?
http://www.sec.gov/Archives/edgar/data/1404593/000147793212002493/mdce_ex1047.htm
"2.1 As time is of the essence in securing the Shenzhen Phase I and II License, Loan Proceeds will be wired directly to designated account below for payment of Phase I and II License:
Bank Name: Shenzhen Development Bank
Bank Address: Offshore Banking Dept. - #5047 Shennan East Road, Shenzhen, Guangdong, China 518001
Bank Account Name: Joy License (Shenzhen) Limited "
Just curious about the above, may mean nada.
And Ty for looking man!
Maybe in a sec filing? I can take a look over there if you don't have any luck.
Where is this contract on their website? Would like to take a peek at it. Was looking where the pics are posted and didn't see much there.
Actually, several China based OTC/pinkys seems to be in same building or use that address I think, like savewatt and unicore holdings etc....
Seems a popular place.
Hey Big G, nice to see ya here at CAGR board bud.
Thank for posting Mei Mei. The second item was not a question but more a statement and the question was really why mark a certain 3 suites one day on one print and the next day update of print change the selection on print to remove one and add another individual suite to the north.
Glad to get a response though, appreciate it you asked them and posted.
Haaaa, lol. Mdce guy got ya! We should thank you for helping show all the true color of view of investors my mdce PR dept IMO.
All with ya Dadx4, it valid info re; mdce PR communications example for review.