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i see it has ZERO views, found that out on another message board.
mdhi is doing just fine, costco running 2 more promotion. in case you missed this info, more homework needs to be done by investors.
MDHI Restocks Inventories - Prepares for Additional Retail Promotions With America's Largest Discount Warehouse Chain
competition breads competition, mdhi is far and away hands down better technology for seniors.
and profitable, with a low float.
hands down medipendant best technology on market, investors need to do more homework on PERS.
this investment isnt for everyone
zero dilution, mdhi is profitable and financials will be out soon.
they dont view the other product as a threat at all. there are lots of those gps units out there and they simply dont work.
the gps base units are for younger more active persons. get a cell phone, it works better. and you can talk, imagine that.
Medical alarms product is targeted for the much older senior citizens or ill person who is on the way to a nursing home but still wants to maintain independence.
more investors need to do more homework on PERS
cgrc, what do you mean is that all?
mcdonalds ordering pickels? to a small company doing additional promotions with COSTCO, one of the WORLDS LARGEST RETAILERS.
these additional costs of promotions will push the recurring revenues even HIGHER considering that there already past breakeven, this is going further into PROFITS.
certainly no disrespect intended to anyone, but i think not enough homework on the story has been done.
relative to why they restocked after they sold over 600 units for the costco promotion is a pretty simple answer to understand if you called ronnie adams.
he told me they had a lot of units on reserve at a reseller that they could draw from but the price was higher than if they got them from factory.
they orderd more from the factory at half price of what they would have had to pay to reclaimn inventory from distribution channel.
this helps them increase their profits and their monthly recurring revenue.
i would suggest all mdhi investors call ronnie adams to ask questions so that all can fully get an understanding of how the monthly recurring revenue are growing and why this is steadily moving well beyond profitability.
MDHI Begins Call Center Sales Operations - Comments on Reaching PROFITABILITY
call ceo ronnie adams, lots of misinformation out there on mdhi
KING OF PRUSSIA, Pa., Dec. 27, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. (OTCQB:MDHI.PK), today announced the Company has moved into full sales production with an outbound/inbound call center company with many locations throughout the country.
"Prior to initiating this new call center function, most of our sales were generated via the web and through our retail partnerships. Outbound telesales is another well established avenue for generating sales of medical alarms, so we are very excited to now have this additional sales capability," commented Ronnie Adams, President of Medical Alarm Concepts. "Late last week, we completed a several week long trial period designed to test our systems and those of the call center. Our systems are working perfectly to date, and we are now in the process of ramping up sales. And, while not the true objective of the trial, the trial period ended up producing approximately 130 full priced monitoring contracts, which was a very pleasant surprise. We are hopeful this new sales channel will soon rival the results produced by our online and retail efforts."
This new call center sales function was specifically designed to allow the Company to meaningfully accelerate its revenue growth rate without affecting the steady growth currently being seen in retail and online operations.
Mr. Adams continued, "We continue to be very excited about the daily growth we are seeing in our Monthly Recurring Revenues (MRR). Based on only the contracts we have currently signed, our revenues exclusively from monthly monitoring contracts exceed our expenses, putting the Company into the black on a cash basis. We expect this MRR to continue to grow on a steady basis, which will allow us to report high quality, recurring profits moving forward. These MRR-based profits will be further supplemented by our equipment sales to domestic distributors and to our new international partners in Denmark, Ireland, and China. Company management wishes to thank all of our investors who have backed the Company and have assisted us in restructuring our operations in order to enable this profitability to materialize. We are looking forward to a profitable and high growth 2013."
The MediPendantâ„¢ is a second-generation personal medical alarm and the only product in its category that allows for monitored, two-way communications directly through the pendant. Older generations of technology require the user to be in close proximity to the base station in order to speak and listen to the operator. With the MediPendantâ„¢, the customer can be anywhere within 600+ feet of their home, and in the event of an emergency, speak and listen to the EMT-trained operator directly through the pendant.
Additional information on the MediPendantâ„¢ can be viewed at www.MediPendant.com.
wrong, MDHI Restocks Inventories - Prepares for Additional Retail Promotions With COSTCO America's Largest Discount Warehouse Chain
strong buy,
KING OF PRUSSIA, Pa., Dec. 11, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. (OTCQB:MDHI.PK), today announces the replenishment of its inventories after completing several very successful retail promotions with one of the country's largest retailers. The receipt of these new inventory shipments will ensure the Company's continuity in delivery of the MediPendantâ„¢ to new customers. Additionally, the Company is announcing today it has signed an agreement with this retailer for participation in two additional promotions.
Customer reviews on this retailer's site have been very strong with ten current reviews being listed, all of which have been rated "Five Stars" out of five possible.
Mr. Ronald Adams, Company CEO commented, "We are very happy to report to our investors that the MediPendantâ„¢ units that we are currently shipping and the units we are currently receiving are operating flawlessly. Customer satisfaction is very strong and our return rates are extremely low. The MediPendantâ„¢ has been receiving strong reviews from our customers and strong referral rates. This is helping to accelerate our growth trajectory."
Commenting further Mr. Adams said, "Our sales have continued to be very strong resulting in us selling out nearly our entire inventory. Fortunately, we were able to time the arrival of new MediPendantâ„¢ units, enabling us to continue shipments without disruption. Our most current retail promotion generated over 600 incremental monthly monitoring contracts, which will add significantly to our fast growing monthly recurring revenue base. As we have indicated previously, we have now sold enough monthly contracts so that this recurring revenue base exceeds our monthly outlays allowing us to be profitable for full year 2013."
Mr. Adams continued, "With our inventory restocked, we are preparing to launch two additional promotional programs with this retailer during the first half of the 2013. We also plan to order additional inventory over the short term, as we believe our current stocks will sell out rather quickly. We are clearly beginning to increase our market share and we expect to have a very strong 2013, which will be driven by high-margin and recurring monthly revenue streams from high-quality customers. We are very excited about our positioning moving into the New Year."
The MediPendantâ„¢ is a second-generation personal medical alarm and the only product in its category that allows for monitored, two-way communications directly through the pendant with voice prompts. Older generations of technology require the user to be in close proximity to the base station in order to speak and listen to the operator. With the MediPendantâ„¢, the customer can be anywhere within 600 feet of their home and in the event of an emergency, they can speak and listen to the EMT trained operator directly through the pendant.
costco/call center selling 100's weekly, time to load up for the financials.
strong buy on mdhi, and then comes gpe hedge fund financing.
2 acquisition, thats were its gonna get real fun.
glad i found this low float profitable stock
mdhi is a strong buy, costco sells to millions of seniors. recurring revenue is a strong reason why investors like this stock.
pps is down, great opportunity to buy.
call center will add lots and lots of revenue to an already profitable company.
financials coming.
go mdhi
medipendant in costco selling, monthly recurring revenue growing and im adding shares.
call center selling, monthly recurring revenue growing and im adding shares.
low floater with $2 million market cap, im adding shares.
you are wrong, mdhi is profitable.
"It's in deep deficits and likely on the brink" you know what they say about opinions??
financials are coming, like it or not.
call yourself, ronnie is a very approachable ceo who like to hear from investors.
great time to add a profitable penny stock, i'd say.
low float, share structure hasnt changed. not worried, im adding.
costco and call center selling pendant day in day out, monthly recurring revenue growing.
this company is growing, and im adding more shares.
zero dilution (low float) with market cap of under $2 million, just a lot of wrong information on mdhi out there.
medipendant is selling at costco and the call center, until financials show up and say otherwise.
mdhi hit profitability, its filed.
no change, called ta yesterday. low floater here, great investment with a market cap under $2 million.
mdhi is profitable, current news.
the below mean nothing, zip, zero, nada to current and new investors.
Since you're new did you hear of Albertsons or motorbooster? How about the FF merger of last year or the 420 seat call center cuore?
Have you read the multiple PRs about the financials being done....soon to be done...end of the year....ron has tripped over his financial claims many times.
And ron has admitted the dilution months ago.
investors, please call mdhi ceo ronnine adams for yourself, you will be glad you did.
this could be the winner of 2013, great great potential.
but, we need those financials asap (he said they are coming, yes, we have heard that before).
lets stay current, medipendant is selling and costco and the call center have made mdhi profitable with monthly recurring revenue.
im not here to fight, argue, name call, just post what info i got from my conversation with mdhi ceo ronnie adams.
sorry if i offended anyone.
costco medipendant views all high star marks, pretty impressive.
ihub medipendant views pretty high also, nice free advertising.
in my opinion, the company isnt blowing smoke. the numbers are coming, soon than later.
there behind, it takes time. call ronnie and ask for yourself. you will like what he says, youll be glad you called him.
there are not many companys out there that are profitable, this is one. (my opinion and ceo ronnie adams per our conversation)
with costco as a long term partner and a call center that is doing very well, 2013 looks very strong for investors of mdhi.
im increasing my stake in mdhi, especially after talking with him.
call for yourself, message boards are only opinion boards.
mdhi is pure opportunity, if you know what you are doing. "MDHI is down 84% in the last 12 months. That's not profit" (thats opportunity knocking)
dilution is small, called a low float
sales are growing and with costco and a call center, there mrr (monthly recurring revenue) are growing at a fast pace.
low float play here, with real company and produc and sales and revenue.
did not quizz him, but he stated they are coming and that he was very sorry that he let them fall behind. i got the impression he realizes what needs to happen in order for mdhi to regain investors confidence.
MDHI Receives Term Sheet for Working Capital and Acquisition Financing -- Company Hits Profitability on Recurring Revenues
mdhi has achieved profitability; Mr. Adams continued, "We continue to be very excited about the daily growth we are seeing in our Monthly Recurring Revenues (MRR). Based on only the contracts we have currently signed, our revenues exclusively from monthly monitoring contracts exceed our expenses, putting the Company into the black on a cash basis. We expect this MRR to continue to grow on a steady basis, which will allow us to report high quality, recurring profits moving forward. These MRR-based profits will be further supplemented by our equipment sales to domestic distributors and to our new international partners in Denmark, Ireland, and China. Company management wishes to thank all of our investors who have backed the Company and have assisted us in restructuring our operations in order to enable this profitability to materialize. We are looking forward to a profitable and high growth 2013."
saying the company isnt doing well over and over will not make it come true. not many small cap companys are profitable and this one (stated by ceo ronnie adams) is.
they produce high quality revenue on an ongoing basis because its not a one time sale. investors will highly value the profitable revenue streams.
dilution is so small, not an issue with investors who see the true potential.at the max of 800 million, still have a company worth a market cap of less than $2 million.
thats value, no way around it.
still need financials, but i feel pretty confident from my conversation with ronnie they are coming (though be it very late)
there is no proof mdhi wont survive, mdhi is profitable, costco (2 more promotions), call center, gramercy, china, id say they will be around a long time.
the drop is when serious investors add shares, not when its up 80%.
no dilution, share structure hasnt changed.
i only speak for myslef (its ALL TRUE), mdhi is real and growing daily business with a great future ahead of it. im very confident in the medipendant and its growing sales.
updated financials are a must, no arguement there. he said they were coming more than once.
gramercy in my opinion will not happen till financials are updated.
dilution is not a worry for me and im sure others, we understand that all small cap companys need cash to get going.
the float is low, lower than 99% of most penny stocks.
valuation is great on this one, thats how penny stocks are played.
i spoke with ceo ronnie adams over holiday, mdhi is doing better then ever.
costco sales are going great, new call center will exceed all sales expectations. "Prior to initiating this new call center function, most of our sales were generated via the web and through our retail partnerships.
multiple selling channels, mdhi has already hit profitability.Mr. Adams continued, "Over the past few months the company has realized a very steep ramp in its revenue growth rate due to acceleration in monthly monitoring services contracts. These monthly contracts produce very high quality and high margin recurring revenues and grow each day as new customer contracts are added. The Company has now reached the point where contracted monthly recurring revenues exceed the expected expenses
costco would never work with a company that there analysts did see as a good investment.
mdhi has a really good product, costco and a call center, sales are growing daily and its achieved profitability.
ill continue to add more mdhi
mdhi is profitable, why would they voluntarily file documents with the SEC saying they are profitable if there are not.
mdhi is profitable with great technology and accereating sales.
im buying mdhi till otherwise proven wrong, low low floater with low market valuation and real products,sales,revenue.
to make it even better, we need those financials (promissed over a yr) as soon as they are finished (accountants are working on them).
costco picked mdhi for its pendant, im sure they were confidnet with the management as well.
costco sold 600 medipendants in 1st promotion
costco will sell 900 medipendants in 2nd promotion
costco will sell 1200 medipendant in 2nd promotion
thats what my spread sheets say, if i actually had them.
2013 costco will continue to sell medipendant because its the best technology and costco only sells the best.
when accountants finish financials soon, all real numbers will be revealed.
mdhi strong buy, video looks really professional, costco will sell this to the millions of members.
http://ih.advfn.com/videos/stock-research/mdhi-re-ups-with-costco_BWbx3herC4E
many new investors have viewed this in only 10 days, almost the same ratio of buy thru costco during the medipendant promotion.
low valuation stocks with real products,sales,revenue, is what equates to a buy for me.
yup yup, all in the past, 2013 is gonna be a great year for mdhi and its investors.
sorry if everyone bought when pps was higher, thats why im adding shares at this level.
2013 will be a great year for mdhi and its investors, will continue to add shares going forward.
invesotrs confidence is growing with each medipendant sale, and costco is selling 24/7
ceo ronnie has this company headed in the right direction, costco thinks so.
low markety cap, never a better time to buy shares going forward.
this technology is 1st rated, look at the costco reviews, all high stars, 100% across the board.
noticed the video views on mdhi ihub page continue to climb, great advertising for medipendant.
not sure why everyone on here is telling there opinions, but i can make a good decision on my own.
mdhi is real, medipendant is real, costco is real, sales are real, revenue is real, low market valuation is real, low share structure is real, looks pretty real to me.
dilution, all small cap companys will dilute when cash it tight, not worried about that.
hedge fund funding, we will have to wait and see if it closes, nobody knows whats happening but the two companys.
we need financials, sooner than later
80% haircut, great time to buy in my book.
very low valuation on mdhi, costco feels this is the one product they wanted to sell.
very hard to get in with costco, ceo managed that.
once financials come, it will make everything much clearer.
yes
accountants are finishing up financials, and any structure of the hedge fund financing is pure speculation.
we do knw that, mdhi is real, medipendant is real, costco is real, sales are real, revenue is real.
small valuation on mdhi
low float on mdhi
pps has bottomed out, otherwise it would have crashed and be a trip 0's
profitable company ( low market cap) with real product (medipendant) selling thru costco (largest retailor), creating real revenue (recurring monthly revenue).
small share structure (under 740 million) compaired to most small cap companies, this one is actually going to succeed.
need those financials, maybe thats why the hedge fund hasnt closed?
i didnt think i would have jumped out, but i did this morning.
any big pull back and im in again.
great play here.
tu
mdhi is profitable. any claim that it isnt can't be backed up with any verifiable truth.
no 10q for 20 months (ill give you that, but financials are coming)
they have plenty of credit, not worried there.
dilution? beg to differ as this has fewer shares than most small companies. you have a market cap thats really low here, thats what makes mdhi a buy.
a very strong buy in book.
2012 is old news, which makes now a great time to buy a profitable stock.
all this talk of dilution is a total misunderstanding of what ceo is accomplishing.
total value of this company is $2 million, not many real companies out there have such a low valuation.
nobody discusses $2 milllion valuation, that pretty much makes this a strong buy in my book.
still holdin, might grab a few shares if there is any pull back
i disagree, mdhi is a buy simply because its a profitable pink sheet and there are so few out there.
one of a kind technology, this is selling in costco despite what is being said.
we will get financials very soon, from the ceo, accountants are crunching the numbers as we speak.