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I find no 8-K on that! Was that a PR? $MDHI!
The Fact is, in the recent 8-K's, he has stopped dilution and put it in writing in a legal SEC document. Every public company has dilution IMO. The ones that stop dilution are the ones where my money is going!
$MDHI has stopped Dilution and put it out in an 8-K!
8-K's are cheaper than financials! An 8-K is a legal SEC document!
Here is a paste for just one OTC changer per month!
Pricing
Pricing for the OTC Security Data File product is dependant on the number of end-users of the data. The below chart outlines the breakpoints and the monthly fees. Complete market data pricing is available in our Market Data Fee Schedule.
End Users Fee
1 – 500 Users $500
501 – 999 Users $600
1,000 – 4,999 Users $700
5,000 – 9,999 Users $800
10,000 + Users $1000
IMO 8-K's are cheaper. Seems as there are about ten more fees to listing your Company onto the OTC!
I am glad the CEO has waited for the Fins! No Toxic dilution for fins! Just to report what an 8-K can tell us! Basic money management and a good call IMO!
The CEO has prevented toxic dilution as I have all ready posted and provided links of proof for!
In my opinion, all public companies dilute when needed. Fact of a public traded Company imho.
I will wait until the next Legal SEC 8-K is released. 8-K legal SEC doc's are all I need!
Seems CEO has cancelled over 164M warrrants preventing toxic dillution. That info is in the legal SEC 8-K documents filed. And the CEO has:
On June 21, 2012, the Company arranged with one of its retail partners, the largest membership warehouse store in the U.S., to participate in its seasonal (Fall 2012) promotional mailer. This mailer typically generates over 40% of the retail partners total sales annually for our category of goods. The Company, in conjunction with the retailer, is estimating this mailer will generate sales of between 1,500 and 2,500 units of the Company’s MediPendant™ product. The Company is also discussing and have committed to additional marketing initiatives with this retailer.
1500-2500 units at 135 dollars each plus recurring revenues. WOW. This play will be HUGE IMHO!
Pr's have safe harbor statement's. 8-K's are legal SEC documents! $MDHI!
I read 8-K's that the company put out in a timely manner. That legal SEC Document is transparent to me!
Dilution prevention! Right here in a legal SEC document!
Item 8.01. Other Events
On August 3, 2012, the Company reached an agreement with various investors in the Corporation who held certain rights to buy common stock in the Corporation (Warrant Holders). The Warrant Holders and the Company agreed that it is in the best interests of the Warrant Holders, the Corporation and common stockholders to cancel a total of 60,825,660 million warrants. All of these warrants had strike prices that were below the closing bid price on the day before the agreement was reached, thus were considered “in the money” warrants.
Those numbers are calculated from previous post data! That post may be wrong your indicating? $MDHI Micro play of 2013 IMHO!
No I am not! 8-K's are a legal SEC document!
$$$$$ I would guess. Last I knew, that's what cancelled debt. $MDHI paying off debt and moving forward IMHO!
I see no quote to that effect! $MDHI Is going to rock and roll out the numbers EOY IMHO!
$MDHI has stopped Dilution and has put it in a legal SEC Document called an 8-K! $MDHI management rocks IMHO!
An 8-K is an SEC Doc. The ceo has indicated fins soon. $MDHI is going to be the MICRO CAP play of 2013 imo!
507 for you. Thanks allot.
The 8-K's are transparent!
http://www.otcmarkets.com/stock/MDHI/filings
150 Grand in 9 days is nothing to shake a stick at! Follow the money as they say. $MDHI is where it's at IMO!
(Calculated @ .005PPS)
New here and am looking to meet some people.
$MDHI cancel 162.5 million warrants and a significant portion of convertible debt,
Medical Alarm Concepts Cancels 61.5 MM Warrants Significantly Strengthening Balance Sheet
KING OF PRUSSIA, Pa., Aug. 6, 2012 /PRNewswire via COMTEX/ -- Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK), today announced the cancellation of an additional approximately 61.5 million warrants to purchase common stock, the vast majority of which contained toxic reset provisions. The holders of these warrants received no compensation of any kind for these cancellations. Since the beginning of negotiations with its debt holders, the company has been able to cancel a total of approximately 162.5 million warrants and a significant portion of convertible debt, and as a result all but approximately 7.4 million warrants have been canceled over the past few months
http://www.otcmarkets.com/stock/MDHI/news
IMO Money Cancels Debt!!
8-K's are a better indicator IMO of where this company is headed. until then, we wait for the fins as promised.
The Company has cancelled, $183,000 of debt this past Q per the 8-K.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8653195
I would guess they are on the road to Millions per year in sales. JMHO!
On May 24, 2012, the Company reached an agreement with holders of its convertible debentures to cancel $37,525 of its potentially highly dilutive, toxic convertible debentures. In exchange for cancellation, the former debt holder received 28,214,284 common shares, which are subject to 144 sales restrictions. The agreement entirely closes out the convertible debt holder’s position in the Company relative to all ownership of convertible debentures and warrants. This cancellation brings the total amount of convertible debt removed, via negotiated settlement, from the Company’s balance sheet since the beginning of this calendar year to $93,775.00. Additionally, the total number of warrants canceled since the beginning of this calendar year is 100,250,000. These debt and warrant cancellations may allow the Company to reverse a significant portion of its derivative liability charges during the current fiscal quarter, or in subsequent quarters, and will likely result in significant reductions in shareholder dilution.
On May 1, 2012, the Company reached an agreement with holders of its convertible debt. Under the terms of the agreement, $56,250 of convertible debt was canceled. Additionally, the agreement calls for the cancellation of 13,750,000 million in the money warrants. The debt holders received no common share, preferred share, warrant, option, or cash consideration for these cancellations. The cancellation of this debt and the associated warrants may allow the Company to reverse a significant portion of its derivative liability charges during the current fiscal quarter, or in subsequent quarters, and will likely result in significant reductions in shareholder dilution. This transaction was announced in a press release on May 1, 2012.
If you look at the amount of toxic debt they just paid off, that should be an indicator of quarterly sales IMO. $MDHI
Just Pure speculation on my part.
Makes no sense to me. They were recently accepted to Costco. IMO, they have no numbers to release yet! $MDHI
Hmmm. Interesting! Maybe they are "hiding" them so we can load up and join the millionaires club real soon? $MDHI.
I would guess we will see a taste of the numbers when they come out in the filings they promised.
I am buying all I can down here. $MDHI
$MDHI 8-K Link. Many 8-K's out recently.
http://www.otcmarkets.com/stock/MDHI/filings
$MDHI On May 16, 2012, the Company was advised by a leading retail warehouse discount chain, of the acceptance of its website design to promote the Company’s MediPendant product. This website going live, anticipated over the coming days, is expected to signify the beginning of the marketing phase of their strategic alliance partnership agreement announced on December 19, 2011. Under the terms of the partnership, the retailer will be marketing and promoting the MediPendant™ to its existing customer base via its website and in their subscriber magazine.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8626066
$MDHI On May 24, 2012, the Company reached an agreement with holders of its convertible debentures to cancel $37,525 of its potentially highly dilutive, toxic convertible debentures. In exchange for cancellation, the former debt holder received 28,214,284 common shares, which are subject to 144 sales restrictions. The agreement entirely closes out the convertible debt holder’s position in the Company relative to all ownership of convertible debentures and warrants. This cancellation brings the total amount of convertible debt removed, via negotiated settlement, from the Company’s balance sheet since the beginning of this calendar year to $93,775.00. Additionally, the total number of warrants canceled since the beginning of this calendar year is 100,250,000. These debt and warrant cancellations may allow the Company to reverse a significant portion of its derivative liability charges during the current fiscal quarter, or in subsequent quarters, and will likely result in significant reductions in shareholder dilution.
On May 1, 2012, the Company reached an agreement with holders of its convertible debt. Under the terms of the agreement, $56,250 of convertible debt was canceled. Additionally, the agreement calls for the cancellation of 13,750,000 million in the money warrants. The debt holders received no common share, preferred share, warrant, option, or cash consideration for these cancellations. The cancellation of this debt and the associated warrants may allow the Company to reverse a significant portion of its derivative liability charges during the current fiscal quarter, or in subsequent quarters, and will likely result in significant reductions in shareholder dilution. This transaction was announced in a press release on May 1, 2012.
On April 30, 2012, the Company reached agreement with a former holder of its convertible debentures canceling a demand for 61.5 million highly dilutive warrants. In exchange for cancellation of the warrant position, the former holder of the Company's convertible debentures received 10 million common shares from an unrelated third party. The agreement entirely closes out the convertible debt holder’s position in the Company relative to all ownership of convertible debentures and warrants. The cancellation of these warrants may allow the Company to reverse a significant portion of its derivative liability charges during the current fiscal quarter, or in subsequent quarters, and will likely result in significant reductions in shareholder dilution. This transaction was announced in a press release on April 30, 2012.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8653195
$MDHI for newbies! These are links and hard proof that the Company is moving forward IMHO.
It's been a very long road for Medical Alarm Concepts Holding, Inc. (MDHI) since going public several years ago. The Company was organized with the idea of revolutionizing the personal medical alarm sector through the introduction of a unique two-way, speak and listen through the medical pendant technology. For much of our history the company has failed to realize its growth potential. These reasons include a lack of adequate initial capital to execute a truly robust marketing plan, and structural balance sheet issues relating to our initial money raise that resulted in a toxic structure of our convertible debt, which in turn handicapped our ability to raise additional funds needed to make the company a success.
I am writing to you today to explain what we have done to rectify these issues and to let you know about the dramatic turnaround our business has realized over the past few months. What we plan to express in this shareholder letter is not that we are planning to turn our business around, but rather that we have already turned the business around and that we are experiencing extremely strong sales growth rates. Additionally, we wish to express to you that we are very quickly approaching our revenue breakeven point. This turnaround has been very dramatic and as we move into our busiest sales period of the year, our confidence level has never been higher.
http://www.otcmarkets.com/stock/MDHI/news
On August 3, 2012, the Company reached an agreement with various investors in the Corporation who held certain rights to buy common stock in the Corporation (Warrant Holders). The Warrant Holders and the Company agreed that it is in the best interests of the Warrant Holders, the Corporation and common stockholders to cancel a total of 60,825,660 million warrants. All of these warrants had strike prices that were below the closing bid price on the day before the agreement was reached, thus were considered “in the money” warrants.
No compensation of any type was given to Warrant Holders who canceled their warrant positions.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8764200
On September 6, 2012, the Company entered into an agreement converting the final portion of its Series B Convertible Preferred stock. All Series B Convertible Preferred stock has now been retired. All Series A Convertible Preferred stock had been retired previously. All Warrants associated with the March 2009 issuance of convertible debts have been cancelled.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8815073
On August 6, 2012, the Company issued comments in a press release discussing the customer upgrade rate at its large retail partner, the largest warehouse club store chain in the United States. Management indicated that the customer upgrade rate had now climbed to in excess of 75%, providing the Company with additional high-margin revenue. The Company also commented that this same retail partner had given the Company an estimate of between 1,500 and 2,500 units for a significant promotion the retailer plans for early Fall of 2012. Additionally, the Company disclosed that it had sold approximately 4,000 MediPendant units during the June quarter and expects to exceed this amount for the September quarter.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8754662
On June 21, 2012, the Company arranged with one of its retail partners, the largest membership warehouse store in the U.S., to participate in its seasonal (Fall 2012) promotional mailer. This mailer typically generates over 40% of the retail partners total sales annually for our category of goods. The Company, in conjunction with the retailer, is estimating this mailer will generate sales of between 1,500 and 2,500 units of the Company’s MediPendant™ product. The Company is also discussing and have committed to additional marketing initiatives with this retailer.
On June 20, 2012, the Company issued a press release disclosing that it has signed an exclusive distribution agreement with a Danish company that plans to distribute the MediPendant™ personal medical alarm throughout Denmark and several other Scandinavian countries. The initial order is for 500 units with additional orders expected on an ongoing basis.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8684294
I Concur! MDHI has it's act together to get into costco IMO. Further more the technology is the cutting edge IMHO! Gooo MDHI Millionaire club here we come IMHO!
20+Million traded this week. Many new MM's on the ASK! I think something is cooking here!
There are 8-K's!!! LOL. I will post the legal SEC Docs and links if I need to!!!
I am in the Medical business. And more and more baby boomers will buy these devices daily/weekly and live long life's and Pay recurring revs for the service of the device!
As far as the claim of this and that, Where are the studies that indicate this product doesn't perform. Where are the customer complaints? I find none!
This is the best product out there IMO!
So is that an insider indication/statement from a costco representative? Will Costco drop this product? As the post indicates!
I doubt it. I work in this field and this is a cutting edge product IMHO!
What about the European orders? Will they also buy just a few and drop them? I need a crystal ball I guess!
looks like MSLP Buying time to me. GOOOO MSLP!!!!
Can you post a screen shot of that erroneous claim. My L2 Indicates that post is flat out wrong. I see nothing but paint downs and Green buys here.
ANOTHER DAY OF BUYING CHEAPIES HERE! GOOOOO MDHI!
$MDHI will be a great play soon IMO. Plenty of positive news out there, Just DD it and you will see.