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FDA 510 APPROVAL . Go to FDA News and then scoll down to U.S. FOOD AND DRUG ADMINISTRATION . Type Meridian Co in search and then press Sort by Date. Approved Dec 29/08 posted Jan 5/09 . Approval number K081962 . Not sure what has been approved as I cannot find full details. Maybe someone who is more computer savy can find details
Finally someone has noticed the potential of MRDAF .I have been a shareholder for over two yrs and have seen the stock rise from .12 to 1.74. I took some profits along the way but still hold a decent position . I talk to the company frequently and can tell you sales of lapex 2000 are being sold worlwide. This is a non invasive form of liposuction and is currently pending FDA approval in the U.S. but has been approved in Canada ,Europe,Asia and Mexico.If approved in the U.S. sales will skyrocket.
The share structure is very tight and does not take much volume to move the stock.The company has plans to eventually move off the OTCBB so you can see the stock will have to be much higher. I can tell you management is fully aware of the price and plans on increasing share holder value .They also have another machine called Digital Pulse Analyzer that is FDA approved and can analyze your blood in a matter of minutes to determine risk of heart disease . Do your own DD but this stock has huge potential with a little exposure and is currently near two lows at .20
Sorry it should read Doog's Dugout.I found it by clicking on Pastor Phil and reading his message about MRDAF (cuurently about 11 posts from the top) which took me to Doog's Dugout and read message 8946
maybe we will start to get some action
It appears as though we are getting some attention on another board.Check out Doog's Dogout moderator DOOGDILINGER ; MESSAGE 8946 and 8991. MRDAF is recommended and Pastor PHIL who just came to our board is very excited about the products MRDAFhas in the stable.
It appears as though we are getting some attention on another board.Check out Doog's Dogout moderator DOOGDILINGER ; MESSAGE 8946 and 8991
Got your PM . Sounds good . Cannot reply as I do not have premium service but will arrange through our mutual friend or you can PM. FYI my name is Steve but have been called worse. Take care
Still keeping my fingers crossed ; however will gladly honor our bet .
News is out regarding further sales and exclusive distributorship with company in Germany . Finally an indication MRDAF is progressing with sales ; expect more news to follow over the next week or two .Perhaps another member could post as I do not know how.
A letter to shareholders has been issued today indicating the block of shares has been resolved and news releases are expected on company related matters in the next few days. I do not know how to post the release so perhaps another poster could do so
For what it is worth Pert is no longer on the offer . Also I reported Head Office personnel were coming a couple of weeks ago but the trip got delayed and they are apparently arriving tomorrow.
I also believe a letter to shareholders will be updated indicating the block of shares has been resolved once it is confirmed with HEAD OFFICE; similar to advising shareholders there was a block of shares in the first place overhanging the market If and when the block is removed we should start to see upward momentum
Apparently the people from Head Office will not be in Vancouver until next Monday as they are dealing with the " block of stock"
this week
Apparently the people from Head Office will not be in Vancouver until next Monday as they are dealing with the " block of stock"
this week
I know for a fact ( spoke with Peter) that representatives from Head Office ie. Korea are in Vancouver on Monday and are there for the week. I would expect intense meetings are lined up in an effort to reassure shareholders and turn this price around.
I had a conversation with Anna on Friday and she encourages any shareholders to call her
As far as specifics go she could not release material info as it would be a conflict but did indicate we should start to get a flow of news releases beginning very soon
I am extremely disappointed in the share value but believe the company is far from dead and is in the process of trying to turn this around as many large shareholders are in at much higher prices and are not happy I am not selling and bought some more about two weeks ago
where do you see the size of the offering. My level 2 only indicates 5000 offered by each of the market makers. I realize there could be more but there could also be more on the bid. Do you have a site that gives the actual amount
Tks
I have been a long time shareholder and just curious about two points you previously raised
(1) you mentioned the stock price had to be higher in order for the financing to be completed for the merger of the two companies .
(2) the promotion group was on hold
Will the stock price move before the financing or will the financing cause a rise in the price and how is it going to rise if the promotion group is on hold and do you have any time lines
Thanks in advance
look for more news in the next day or so
my guess is no later than Monday but i have been wrong before.
However i did speak with Pete again today and he assures me they are working on it.
Corporate update in the works. Could see it in the next few days according to Peter
another higher high and higher low plus higher volume and still trading at a 20% discount to what insiders paid last yr.
look for more news real soon
Also check out post 33.
It is about a 5 minute interview with John Kirk ( IR )
Very informative
Higher volume and higher close than previous day ( good sign)
TSHO has also crossed the 50 day moving average at.12 and is now heading towards the 200day moving average at.31
Once that is crossed the stock could really leap forward and there should not be a lot of resistance getting to that level
Price target $ 2.40 by Beacon Securities. Check out post 34
Most trades over the last year or so have been in around .50 therefore the stock should encounter little resistance until this level.
Keep in mind this is a real company approved in 42 states and has been operating over 10yrs.
With Billy Mays as their spokesperson and new Corporate developments and a 2.40 price target the potential for large gains is very possible.
As Jim Cramer says " There is a bull market somewheres"
As of Fridays close the stock was selling at almost a 40% discount to what insiders paid in 2007.
According to Insider Transactions on pinksheets.com six different purchases were made between Jan.1/07 and Dec31/07 for a total of 375000 shares all at .25 and no sells since the buys were made.
Do you really think the insiders are going to be selling at a loss
after sitting on the stock since 2007.
More likely they are looking for a $1.00 or higher.
make sure you read post 71
It contains great info. Look for volume to increase and bid ask to tighten
Great risk reward at these levels
A promotional campaign has just started.Emails are being sent out this weekend. Expect volume to increase next week.
Lots of news to come.
Remember the price was.70 last year and with a small float this could move back up in a hurry. Great entry price .16 to .20
read the last two releases if you don't think a campaign is about to start.No news for months and two releases within two days
No Problem
Regards
Steve
$100.00 bet
I will gladly take you up on that bet.
I have been a shareholder for over two yrs and only post occasionally but based on the meeting with the FDA in May I am willing to bet an answer is given before US Thanksgiving
Regards
Steve Ogden
Just curious what is your intermediate time frame (ie one month ,six months etc}. I purchased today at .039
Tks. in advance
I have been a shareholder for almost two yrs and have never posted before but felt compelled to do so after reading recent posts. I am not here to criticize but to merely offer my opinion. My name is Steve Ogden ( I live in Nova Scotia) and I just wanted to express some comments
(1) Peter( IR Person) and Anna (President) have been exceptional to deal with and are very conscientious about shareholders.
(2)I believe that their attempt to keep shareholders informed has caused some to misconstrue their intentions; that is to ultimately create shareholder value.
(3) Anna has just got back from New York and from what I understand was very well received
(4) Todd mentioned in his presentation a major marketing campaign was going to start soon. If you listen real close he also mentions about a TV telecast in the future
(5) Yes the FDA approval has been frustrating but I believe the wheels are in motion to get this resolved.
(6)If you look at the big picture the Company has sales and approvals for Lapex 2000 worldwide and will continue to grow not to mention the Dpa is already approved.
(7) The company does need additional exposure (ie institutions)I also believe this is the plan going forward as the company eventually seeks Nasdaq listing in the near future.
(8) Yes the stock is down again and needs to recover to the 1.20 range in order to change perception and momentum but I believe things are happening in the background to address this problem
I n closing I just want to say I am not looking for confrontation and will probably not post for awhile. I have throughly enjoyed my dealings with Meridian and look forward to the future.
Regards
Steve