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YESD closes down 2.86% on low volume, off 69% from its YTD high close. Interest drying up.
And Staller Global Enterprises has a very impressive list of partners. I might get close to character limit in this post, but I'm going to chance it and post the full list. Here goes...
Heritage Corporate Services
The end.
Apparently he's still working on that college degree. According to his linked-in page:
A few more PRs and it might be able to break back above $.02. Of course most of you are averaged in at a higher price than that, so maybe another Penny Stock Pump campaign is in order.
BLASPHEMY. THE INTERWEBS IS FULL OF TRUTHS!!!!!
It will waive at .006 on its way back down to .0001 within the next year.
I expect a PR between now and the end of the month announcing that MDHI has paid off all of their convertible debt. This is a good thing, of course, but will confirm my thought that JN is basically paying of MDHI's debt for them.
Which brings up another issue. Assuming JN's statement is true, and there was no debt conversion involved, then MDHI would owe 321,675 on 3/31/2011. The numbers are too close to be coincidence, so it looks like JN is buying shares in order to give MDHI the money to pay off their debt? Maybe?
Well, Joe just responded on Yahoo and said there was no conversion. The numbers calculated out perfectly, so it seems like an odd coincidence, but stranger things have happened.
If they were done prior to issuance of the 10Q, and included in the OS as reported on the 10Q, then it should have been reported in the 10Q as a subsequent event. That would indicate that the additional 32 million was not included in the OS. However, the math only works IF the 316 million number is correct, so I'm confused on this point.
From what I can tell, it looks like this was a conversion of the remaining balance of MDHI's convertible notes, at a price of $.01 per share. That would equate to 32,167,500 shares, which added to the 18 million JN already owned, would total 50,167,500 shares, or 15.8% of the total OS.
So, you have insider information that has not been released publicly, and you're sitting on the bid waiting to buy more because you believe that information will cause the price to increase? If history is an indicator then a PR will be accompanied by an increase in OS, and a corresponding drop in pps. Should be exciting to watch.
I wonder how long it will take for the first group of paid pumpers show up.
Absolutely shameful and embarassing. There is absolutely no limit to how low BW will stoop in order to sell a few shares. Notice I didn't say beverages, because that's not what he wants to sell.
Ding ding ding...the ChartPoppers disclaimer:
To each their own.
Congrats to people who take this opportunity to lock in some profit. To make money on these stocks you have to be willing to trade the swings. Holding any pinksheet long term is a bad idea in my opinion.
In order for me to sell, I would have to be going short since I have no position in either company. And I'm not interested in shorting them, so I'll just stay on the outside looking in.
So you think this is debt conversion masquerading as a purchase? I guess that's not unheard of in pinksheets.
YesDTC CEO Increases Stake in Medical Alarm Holdings to Over 50 Million Shares -- Approximately 16% of Shares Outstanding
http://finance.yahoo.com/news/YesDTC-CEO-Increases-Stake-in-pz-3015811336.html?x=0&.v=1
What does this mean for MDHI? Well, massive dilution for one. Also, I can't wait to see the fine print on the filings when they show up. I can guaranty you that JN didn't pay above market price without some type of sweetner added on to the deal.
Classic penny stock PR strategy. Any time you release bad news (10Q), make sure you send out something that you hope will draw everybody's attention away from it. IMO, of course.
YesDTC CEO Increases Stake in Medical Alarm Holdings to Over 50 Million Shares -- Approximately 16% of Shares Outstanding
http://finance.yahoo.com/news/YesDTC-CEO-Increases-Stake-in-pz-3015811336.html?x=0&.v=1
What does this mean for MDHI? Well, massive dilution for one. Also, I can't wait to see the fine print on the filings when they show up. I can guaranty you that JN didn't pay above market price without some type of sweetner added on to the deal.
Classic penny stock PR strategy. Any time you release bad news (10Q), make sure you send out something that you hope will draw everybody's attention away from it. IMO, of course.
Really, let's check the official filing with the SEC shall we?
That can't be possible because the moderator of the YESD board claimed that MDHI was simply a "pet project" of YESD.
Today? You should have waited. You likely would have been able to get them at $.0035 or lower tomorrow.
1 million+ shares just dumped at .0039
Pet project? I'm pretty sure YESD considers MDHI to be one of their top clients. The do realize that the success of a direct marketing company is directly correlated with the success of the products it represents don't you?
Please list the positives. And no, all the negatives haven't been mentioned yet. Also, I don't believe for one second that you've bought a single share of this company in the last few months, if ever.
Revenue is down 68% from Q4 2009 while advertising expenses more than doubled. How do they even explain that? It wasn't the cost of the infomercials because YESD supposedly paid for those. Their bank account was overdrafted by $20k at the end of the year. They have basically no assets aside from the patent, and a significant amount of liabilities, even if you ingore the derivative liability.
Did you also notice that the clock on their patent continues to tick away? They have until 6/30/2012 to pay the original owner of the patent $2.5 million or they lose all rights to the patent. They'd better hope that sales start ramping up at an exponential rate.
This company is in a significant amount of trouble, in my opinion.
10Q is out and it is ugly.
Yes, that's because the relaxation beverage market is a dead end. But at least those companies have products on shelves.
You don't "know" anything until it shows up on an official filing. We assume dilution occured during the 4th quarter last year, but we don't actually have any idea how much, if any, actually did. 286% profit above the cost of the ads tell you absolutely nothing. How much was spent on the add campaign? $100, $1000, $100,000. Without a sense of scale percentages do you absolutely no good. I'm not advising anyone to buy, sell, or hold. You, however, are guarantying a rise in pps. Given the information currently available, I'd say it's about 50-50 which way this thing is going to go.
BIEL is a client of MacLaren, so I'd say it's pretty much a sure bet that his interview was a planned advertisement.
http://www.linkedin.com/in/bellamyleung
They are paid to provide a service. The information they report comes from the company and the company is responsible for ensuring the accuracy of that information. Once BBDA stops paying them, like they have everybody else, Heritage will be forgotten.
MDHI financial statements 1 month late and counting.
The stock is actually holding better than I would have thought, given the length of the delay coupled with the venue change. It could actually see a decent run when(if) the financials are released if revenues have increased and dilution has been kept in check.
Somebody on the Yahoo board claims to have spoken with management and were told that the financials were "at the mercy of the auditors.". That excuse might fly if they were late on their year end audit report, but quarterly reviews are a fairly simple process. If they were prepared by the company on time then they would have been posted on time, in my opinion.
You made a bold claim that MDHI had the "best tech". I'm just pointing out to you that "best tech" is subjective. Consumers will make a decision based on the features they value the highest and will determine how much they are willing to pay for those features.
And as to the reason I'm not on those other boards...I have no idea if those are even publicly traded companies. The first I've seen of them was when I googled them the other night. I don't have to justify my participation in the discussion here, but this particular stock interests me. If it makes you feel better neither I, nor anybody I know will ever buy, sell, or in any other way participate in the trading of MDHI.
You didn't put much effort into checking. A simple google seach for GPS PERS brought these products:
http://www.comfortkeepers.com/technology-solutions/safetychoice-products#Portable PERS
http://www.mobilehelpsys.com/products/mobilehelp/
Oh, and these devices have two way communication as well.