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.0007s up, nice ut in progress
Congrats to the buyers today, looks to be shifting in my favorite direction.
SVAD .0006s falling
SVAD .0006s falling 4.9M down from 8.6M
Link back for chart.
Nothing but retail the last couple days. IMO Seems the 1.3M retail sell this morning will be the last .0005s. Those other 2 whacks were just silly.
Someone just moved 1.4M from the ask. Looks like they will hold for a higher sell.
Looking forward to it. Hopefully we see some action starting today followed by news mid-week.
Nice bid support now. Maybe we will see some EOD action here.
I like this stock for that reason. Company has a great story/progress, and low float.
Nice slap!
May be quiet for a few days. Hope to see some EOD action here.
I agree, mostly buys today. Good sign dilution is done for now. IMO
SVAD Yes, RSI is waaaayyy oversold. Might take a bit for interest to build, maybe next week. CEO should be updating us soon about the rest of the debtors being issued non-dilutive class B shares. Expect something next week. IMO
SVAD had a bigger drop, similar float as NTEK. More potential for higher bounce IMO
nice bid
PR will come, just need to be patient. The more emails he answers, the more potential damage control he will have to do. His best move is to keep quiet until an official statement can be drawn up to address the concerns at hand. Hopefully there will be great news to go along with the statement. :)
Welcome! GLTY2 Hoping for a nice Friday, let's see if the selling is truly done tomorrow. :)
Yes, Asher is bad news bears. TA is on the horn daily though. Always keep a watchful eye and fine tuned ear.
Yes! Is it feasible all ~13M will be returned to MDIN in the event retailers do not sell it? No! This company has MILLIONS in revenues that WILL be reflected next Q. It is only a formality they can not be reflected in the official fins right now. I am excited about the next few months. Big things here in the future. IMO
The AS has been raised to 2.5B effective Monday next week, I believe. I know it has been raised just unsure the exact date it will take effect. The company had to increase the AS because in the event a noteholder want to convert, they are required to have the shares available on demand. The CEO has stated,
Maybe this has been addressed, but I have missed it. Uplisting to OTCQB does not exempt the stock from any MM(VNDM). I can see how it will instill greater confidence in the company via transparency, but how else does uplisting solve the manipulation? TIA
Also, I believe the product is shipped straight from the manufacturer. That said, why would MedGen list that on their inventory for this Q?
IMO they only keep enough to fulfill orders for their online store, thus the small number there. Thoughts?
Check out this PR:
Not all of the companies debt has been converted. Hopefully they will release something soon letting us know how much is left, and what the plan for reducing that debt is going forward.
A close at .0024-.0025+ tomorrow will be a great sign IMO. Looks to be an ascending triangle formation.
Still looks good on the chart. Let's see what tomorrow brings..
Nice close.
Need a close @.0021 or above. Watch close.
PR from today:
Northstar publishes third quarter disclosure as the first step of its two--year audit, and plans to re--list on a fully reporting
exchange.
Holbrook, New York, August 14th, 2013 -- Northstar Global Business Services, Inc. Symbol (OTCPink: MDIN), today announced it has posted its third quarter disclosure statement, the first disclosure to be reviewed by the firm’s CPA as part of a complete two year audit needed to up--list and become fully reporting with the SEC. Shareholders are reminded that this is not the entire audited statements needed to be considered fully reporting by the SEC, which would be published along with the prior two years of audited statements, but it is being published in conjunction with verification from the firm’s CPA as all disclosures will be from this point on to give shareholders the confidence in the company’s numbers that non--audited statements just cannot give.
Northstar also wishes to remind the shareholders that although the third quarter did see higher sales than previous quarters, the financial statements were prepared using a much higher standard of accounting principles, so actual sales previously shown hitting the bottom line as gross sales may now be accounted for as “deferred revenue” in order to qualify for SEC reporting. This happens because some or all of the revenue coming from wholesale agreements allow for the return of unsold merchandise for a period of time, and for that reason the revenue cannot be considered earned until that time period has passed. This could cause direct comparison to last quarter as it stands now to be a little confusing. However, with contracted wholesale sales for the third quarter totaling $7,114,022.50, up from the $5,649,713.00 last quarter, the company is confident that in the months and quarters ahead the company will begin to show it’s true value. Of course, all quarters for the past two years will be re--stated along with the audit when completed, so that the clear line of growth that NorthStar has experienced can easily be seen.
Northstar CEO, Nick Chieco commented, “I am really proud of what the company has accomplished in the past year, and I think we have far exceeded any reasonable expectations. The company’s growth would have been even more impressive had the retail distribution of Snorenz not experienced a few minor delays getting out to shelves in the big--box stores, but the good news is that all of our distribution agreements are in place, and our products continue to get very positive reviews, so when
the large retail chains begin rolling out our products to shelves very shortly, I think everyone will be extremely impressed.”
Northstar assures shareholders that it plans to continue with the audit of its, and hopes to move up to the OTCQB tier very shortly as a stepping--stone for listing on the OTCBB or other fully reporting exchange shortly thereafter. The company wishes shareholders to know that although everyone is very anxious to be listed on a more regulated market where the trading practices of a few cannot cause the company’s shares to reflect anything but its true value, that extreme caution is being taken to assure that everything is done right the first time, giving the company the best chances of success.
Northstar’s two newest products, Snorenz Night--Time, and Goodnight’s Sleep, a re--launch of its second best selling product of all time, are both expected to go on sale by the end of the month, increasing the total number of retail the company has available, and opening more doors for distribution, and ultimately much larger revenue numbers.
About Northstar
Northstar Global Business Services is dedicated to producing the best alternative healthcare products. The most popular products in Northstar’s arsenal are Snorenz©, a patented spray for snoring relief, Stem--Intense, a unique stem cell replacement therapy supplement, and Health--Enrich for pets, an exciting new supplement that promotes pet health and can help relieve many problems experienced by aging pets. Most of the company’s products use a proprietary or patented formula, spray delivery system, or ingredients, and have received very positive consumer reviews all over the world, selling millions of units from 1996 to the present. Snorenz and Goodnight’s Sleep are registered trademarks of Northstar Global Business Services, Inc. For more information about Northstar or the company’s products, please contact Northstar at: investor@northstarbb.com or (877)--571--4387, and follow the company on twitter: @medgeninc.
DISCLAIMER
This Press Release may contain certain forward--looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward--looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward--looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such
statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the
information catered in this Press Release including such forward--looking statements.
Bad format, edit?
Maybe we should sticky the link to the pdf?
:) Me too!
There is a problem with the news release on iHub, I think. Check out the pdf I have in the comment I'm responding to here.
PR statement for news:
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=1985593648