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eelfland, that why I got out last week with couple k profit, I notice the decending trangle forming, its going lower in my opinion...
Sklauble, I beleive you are right!!!!! :)
ergodoc, think I all ready told ya this past weekend, my letters were sent today!!!!
Looks like more good news to come... 200k share at 0.039 at share, chart is show a buying opportunity...
Announces Agreement With Largest Private Home Medical Equipment Company in New York Metro Area
PLYMOUTH MEETING, Pa., March 18, 2010 (GLOBE NEWSWIRE) -- Medical Alarm Concepts Holding, Inc. (OTCBB:MDHI - News), manufacturer of the MediPendantTM, the only fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that it has signed an exclusive agreement with Landauer Metropolitan, Inc. (LMI) to promote the Company's premier medical alert device, the MediPendantTM. LMI is the largest privately held home medical equipment company in the New York metropolitan area.
LMI currently services more than 75 health insurance benefit organizations in addition to Medicaid and Medicare. Under the terms of the contract, LMI will be marketing and promoting the MediPendant(TM) to its existing customer base as well to its other various distribution channels. "We think this relationship is the perfect fit for our MediPendant(TM) program. Our companies share the same goal -- for our customers to live as comfortably and independently for as long as possible," said Paul Green, VP Sales and Marketing of Medical Alarm Concepts Holding.
As part of the Agreement, LMI MediPendant(TM) customers receive a concierge service package with their medical alarm. This includes free shipping, discounted monitoring, and enrollment in the medical ID wallet card program. The wallet card ID program allows the end user to be connected to the central station even when they are away from their home. "The wallet card ID program is additional peace of mind for our customers," said Paul Green. "If the customer is in the mall, for example, and needs assistance, they simply call the number on the ID card and provide the call center operator with the personal ID code that is on the card. The ID code is linked to the customer's personal information at the call center. The call center operator can then send assistance, notify the emergency response team of any issues the customer might have, and contact loved ones if necessary. It's a very successful program."
About Medical Alarm Concepts
Medical Alarm Concepts ("MAC") develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. We have built our reputation in the personal emergency response system ("PERS") and medical alert industry. With patented technology and state-of-the-art services, MAC is uniquely positioned to mobilize the right people, skills and alliances to ensure success and client satisfaction. Our design and support philosophy emphasizes industry best practices, while providing polished and savvy solutions. MAC's latest innovation is the development of its two-way voice speakerphone pendant technology.
Safe Harbor Statement
Medical Alarm Concepts(TM) Announces New Distribution Agreement With Major U.S. Grocery Store Chain
On Wednesday March 17, 2010, 10:00 am EDT
PLYMOUTH MEETING, Pa., March 17, 2010 (GLOBE NEWSWIRE) -- Medical Alarm Concepts Holding, Inc. (OTCBB:MDHI - News), manufacturer of the MediPendant(TM), the only fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that it has signed an unprecedented distribution agreement for the Company's MediPendant(TM) with one of the largest grocery store chains in the United States.
Under the terms of the agreement, the Company's MediPendant(TM) alarm device will be offered in various locations throughout the store, including, but not limited to, the pharmacy section. "We are extremely excited about the exposure and mainstream visibility our MediPendant(TM) program will receive at this highly recognized national grocery store chain," said Howard Teicher, CEO of Medical Alarm Concepts Holding. "We expect this partnership will greatly increase our sales both for this year and beyond."
This particular offering of the Company's MediPendant(TM) program to customers, will also include one free month of monitoring services, and an associated "lock box" device. According to CEO Howard Teicher, "The MediPendant(TM) lock box device is very similar to lock boxes used in the real estate industry, in that it hangs on the front door and contains a key to the residence. The key to the home is accessed via a proprietary numerical code. The difference, however, is that with the Medical Alarm Concepts' MediPendant(TM) lock box, the EMT-certified operator can provide the access code to the ambulance personnel prior to arriving at the home. A lock box enables the ambulance personnel to avoid having to break into the home or waste valuable time finding a source of entry. In other words, if the MediPendant(TM) device wearer is incapacitated or unresponsive, immediate access to the home can easily be managed without the need to rely on the home owner for entry."
About Medical Alarm Concepts
Medical Alarm Concepts Holdings, Inc. ("MAC") develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. We have built our reputation in the personal emergency response system ("PERS") and medical alert industry. With patented technology and state-of-the-art services, MAC is uniquely positioned to mobilize the right people, skills and alliances to ensure success and client satisfaction. Our design and support philosophy emphasizes industry best practices, while providing polished and savvy solutions. MAC's latest innovation is the development of its two-way voice speakerphone pendant technology. For more information, please visit our website at http://www.medicalalarmconcepts.com/.
Safe Harbor Statement
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission
I was stkng/Warren, still love to make it to canada one day...
don't know where you got that idea!!!
rustyman,
do you have a link???
Yazz, still holding this for a good bounce, average down, I'm in a good position at great price right now, will hold for while longer...
CMM,
Have a large amount that will be 1 year old this week, holding long term, for alot more $$$...
Brooksmc
ergodoc, my will go out tomorrow monday, also brooksmc = warrenhatchet, but I still use the same email!!!!
thanks TTR,
The letter to canada, does regular us stamp will get it there???
Brooksmc
Hey Sklauble, still this in also 1mil shares at 0.0137... It still has a chance to run well... Brooksmc
utmostbastard, there is not that many free trading shares left in the co. according to the blog, this should rise dramatically on any news annoucement...
'cargo_hauler' why was my name taken off "QASP" and somebody else replace me, I was no where close to 25% off my starting price!!!!!!!!!!!!!!Mill brooks...
JeremyOak, got out at 18 cent today and made couple k's, desending triangle here... I could be wrong, but could have more down side to this...
Tulaz1, I did not see any meat & potatoes yet, so whats the deal... Well lets rock and roll anyway!!!!!! :)
Brooks Mill,
pick up 100k shares at 0.025 just few moments ago...ready for bounce back...
KrayzeRicky, lets look at it this way, If the judge approves management bonuses while we are in BK, they just about said that our shares are going to stay intact... They are not going to cancell out the owners while giving management bonuses at the same time, never been done while in BK, that I have ever heard of in the U.S... As far as I'm concern if they get bonus, I keep my shares intact!!!!!
Brooks Mill,
Tulaz1, I can garantee you, I am not holding the stock down by selling shares... Still own every share I bought to date... there are all long term except a few I bought may of last year... The only reason this stock is down, there is no rev's to really speak about... Soon they will be issueing more shares to pay the officers of company including ceo if no "real" rev's shows up, they can't just eat on bread alone you know, something have to give rev's or issue more paper to run the company!!!! Don't forget I am the oldest & larger stock holder than most here, even older that you, I know how to be patient, how about 1-1/2 years so far... Time is now for Mr. Lourch to do the walk to walk and put out a pr with "meat & potatoes" large contracts with $$$$$ on it!!!!
Brooks Mill
Strassenheim,
I notice big "T"s DD lately and IMO it is getting little clouded, I know he means well and want things to happen right, me too... but he has been in many contacts with our beloved CEO and is building a relationship with him as a good friend and he doesn't want to say anything close negative when he should... For one example, when I said co needs to put pr with $$$$$ attached to it, I had several post public and privite post followed with an agreement of what I said except big "T" was the only one that did not agree with it or down play it...to remind everybody this is in my opinion!!! Strassen to figure our rev's thru an vender, worries me...
Brooks Mill
Threeflight, what bothers me is the timing of selling the shares, while big show is going on down atlanta. I think if lourch knew about it, he would of loan him the extra change!!!!!!! Very bad timing!!!! Lourch needs to "baby-sit" senior officers a little more about selling company stock while at the same time promoting the company at an event!!!! He probably wanted to sell more, but stock never moved up!!!!
Brooks Mill,
That is because they sold alot before the ripoff loan...
see below...
MORGAN KENNETH B/O 02/23/2010 Form 4 S D (209,040) $0.298 7,274,867
MORGAN KENNETH B/O 02/22/2010 Form 4 S D (177,860) $0.207 7,483,907
GELBAUM DAVID B/O 02/16/2010 Form 4 JB D 1,260,812 $0.500 1,260,812
GELBAUM DAVID B/O 02/16/2010 Form 4 S D (600,000) - 660,812
KADRE KABIR B/O 02/12/2010 Form 4 S IN (105,000) $0.318 3,905,596
MORGAN KENNETH B/O 12/21/2009 Form 4 S D (108,333) $1.606 7,712,329
CLAUDIO KEVIN K OFF 12/18/2009 Form 4 Option OE D 438,710 $0.750 438,710
MORGAN KENNETH B/O 08/12/2009 Form 4 S D (50,562) $3.441 7,661,767
ne trader, I agree 100% on that too...
Brooks Mill
I know what you mean :)
oops!!! about $5600.00 not 56k Dollars!!!!!!
I bet Mr. Rebensdorf George wanted to sell more and he can, about 500k shares are free trading, but the stock did not move any!!!
Sometime insiders can get screw too... he gained about 56k dollars from the sale...another thought why would an insider be sell during most important show, don't nobody come out and say he needed some money to pay taxes, hes got a good salary... If anymore selling starts again in the near future, you can bet no meaningful contracts with $$$$$$$$ on it, are not coming our way...
Brooks Mill,
Big "T" >> I take it, the big show went off allright this past week and we got a lot of attention about the MMR Pro, now that Mr. Lourch has done the "Talk to Talk" this week in the atlanta show, now he needs to do "Walk to Walk" that means no more fluff pr's, he needs to put out pr's that has $$$$$$$$ signs attached to it and nothing less. I been hearing other companies are getting contracts with $$$$$$$ in it... If the MMR Pro is that good and cheap to operate, bussiness should be knocking the front doors downs to get to the product... Therefore if I don't hear any thing by summer about contracts with $$$$$$$ attached to it, then you wont be hearing from me anymore, I'm sure some of you would like to see that too... :)
Good luck to all
Brooks Mill,
shankapotamus, I saw the higher lows on my chart too... with all this shorting going on, this thing will shoot to the moon...
local,
Yes they do, the other 55% of said co. is not in BK!!!!
Wait to march 2 thru 4...Your not trying to get cheap shares
are ya???
zambia123, if ya tap the chart above and get white chart and see volume line below that, one green volume line is mine!!!!!
Mil-Brooks,
Xtreme81, got in at 0.061 this morning 100k shares...
Mil-Brooks,
Big "T",
It would sure be nice if lourch would put out a pr just before the big show march 1st thru 4th, where he going to make alot of noise... 4 trading days left before the big show...
Mil-Brooks,
GreenTea, is there a "Q" stock that ya not into???? :)
Mil Brooks,
ez, quit being cheap, buy those shares at 10-1/2 cent, why dont ya !!!!!!!!!!!!!just kidding with ya,
Mil-Brooks,
ergodoc,
This a great report, you done good...
Many thanks...
Brooks,
trop, good, got lots of dry powder...
Brooks,
go get'em catdad, i'm still here!!!!!
Brooks,