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Media 3 is owned by Jeffrey Nunez and Media 3 is listed at that address. So that is the central stock interest now. Media 3 and MMTC are married right from Jeffries front door. We have to wait on this.
It looks like the patents belong to Cisco, Inc. Jeffries name is not found and we have no proof that he owns them. See the link:
https://patents.justia.com/inventor/robert-diener
Unless there is proof that Jeffrey owns those patents there is nothing to be said. Either way, it looks as if Jeffrey Nunez has chosen a new direction for the company. Dr. David Lynn Haavig is still listed as chief scientist. What this means is that MMTC could bounce back by entering the Covid-19 market. You may want to keep your shares. Also, I think there could be a CUSIP change. We will see. I have nothing on that and no one knows. It's just a hunch of mine. I think it fare to reason that MMTC is on the wait. The BOD has not sold shares as far as I can see. I might suggest that the MIT 1000 just could not compete. It's a waiting game to see where MMTC is going.
Media 3 Communications Inc. is a California Foreign Corporation filed On July 15, 2011. The company's filing status is listed as Active and its File Number is C3397276.
The Registered Agent on file for this company is Jeffrey Nunez and is located at 2846 Calle Guadalajara, San Clemente, CA 92673. The company's mailing address is 2846 Calle Guadalajara, San Clemente, CA 92673.
The company has 1 principal on record. The principal is Jeffrey Nunez from San Clemente CA.
Source: https://www.bizapedia.com/ca/media-3-communications-inc.html
To all investors: MMTC may no longer be in the building. See the following links and study them for addresses, etc.
https://www.federalpay.org/paycheck-protection-program/media-3-communications-inc-san-clemente-ca
There are Patents related to 970 Calle Amanecer, Ste F, San Clemente Ca 92673
The owner of Media 3 Communications is Robert Diener. You can follow his patents below. My hunch is that MMTC may no longer be a company and thus, may not be trading in the near future. That is my opinion. I was deep into MMTC, when I was formally known as Super Gold Rush. This is my last message on Ihub. Please don't respond.
https://patents.justia.com/inventor/robert-diener
Media 3 Communications is is a Covid-19 related business and has received PPP loans as late as April, 2020. See below
https://www.federalpay.org/paycheck-protection-program/media-3-communications-inc-san-clemente-ca
But it is nice to know the odds when holding shares. The more we know on the negative side the better. Those who hear these odds might like to hold some shares. When the likelihood of failure looms in the darkness, there are plenty of people who are willing to gamble SHOM. However, it's nothing to take personal if not agreed upon. SHOM is what it is . . . all banged up and wounded. My shares are mostly sold but I have a few million left I am going to keep.
I think everyone knows already the whole list of bad things put out that they should know. For me, the odds against this stock are so deep it's like a dark canyon pit. Playing against the odds is a losers game, I know. This is very high risk. But as long as it keeps trading, there is life.
I doesn't matter to me if SHOM wins or looses. The truth is that SHOM is still trading, so it's not dead yet. More ceo actions could kill it altogether. We'll see what happens. I'm willing to lose my money. You did speak the truth, by the way. Everyone should read your posts and warnings.
Huh! That's amazing since SHOM has not done anything to make the stock positive. But, I'm with you. I am holding a few million shares just in case something materializes. However, keep in mind what DJponder and Veronica are saying. Much of what they say is true. SHOM is running the race with two broken legs and a broken neck.
It is so nice to have you here. It goes to show me that I should study these press releases a little better. Great job and hats off to you.
I think every investor should know that KC Global was a scam. SHOM is the biggest scam yet. As messed up as this conversation was, it was good to discuss.
I'm so sorry. I'm being an idiot. My eyes failed me!!!
I wasn't doubting you. I just wanted to see it. Nothing personal. You have done very well on informing everyone. Thanks!
Without KC Global, the company is flat broke. Good to know
I got it. Thanks
Never mind! I am blind. I see it now. Thanks. This is very, very interesting. This information should be in the stickies.
This is a copy of page 8. I still don't see it. Page 8 says "acquisition" and not rescission. Show me on this page. PLEASE!!
Revenue from Contracts with Customer. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that
reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.
Note 2 - Promissory notes and convertible notes
The Company entered into various unsecured debt arrangements in the form of promissory notes to multiple companies. All the promissory outlined in the chart below have similar terms and conditions.
The total principle amount owed on the promissory notes is $91,500. Each of the notes are due 10 days after receiving a written demand for payment. All of the promissory notes bear an interest rate of 10%
per annual. Payment of the notes can be either in cash or converted into Southern Home Medical, Inc. Common stock. If payment is made in Southern Home Medical, Inc. Common stock, the “conversion price” is the lessor of (a) the price that the Southern Home Medical, Inc. Common stock is trading at on the date of the conversion less a 50% percent discount of (b) $0.0001 per share.
The principle balance
on the notes as of March 31, 2017 was 91,500. Interest in the amount of $948 was accrued on the notes
as of March 31, 2017.
Note amount Date of the note Balance due Interest accrued
$9,000 2/6/2017 $9,000 $131
$37,000 2/13/2017 $37,000 $466
$31,000 2/23/2017 $31,000 $306
$1,500 3/10/2017 $1,500 $9
$13,000 3/21/2017 $13,000 $36
Note 3 – Other events
As of August 31, 2016, Southern Home Medical lnc. Announced rescission of CES Technology LTD.
As of October 31,2016, Southern Home Medical lnc. Announced acquisition of KC Global LTD.
On October 20, 2016,Miguel Dotres resigned from the Company and George Chang was appointed Interim President and Director of Southern Home Medical lnc.
As of January 31,2017,Southern Home Medical lnc. Announced rescission of KC Global LTD.
Note 4 – Legal presentation
There are no legal issues known at present that is a concern for Southern Home Medical Inc.
Note 5 – Subsequent Events
The Company has evaluated all events that occur after the balance sheet date through the date when the financial statements were issued to determine if they must be reported.
Here is a copy of the January 31, 2017 press release. I don't see where KC Global was rescinded.
SHOM to Expand Research onto Precision Medicine with President Obama's Precision Medicine Initiative
Jan 31, 2017
OTC Disclosure & News Service
-
SHOM to Expand Research onto Precision Medicine with President Obama's Precision Medicine Initiative
NEW YORK, NY--(Marketwired - Jan 31, 2017) - Southern Home Medical Inc. (OTC PINK: SHOM), a leading developer of the healthcare industry, has announced that it will be expanding research and market onto Precision Medicine with cooperation and assistance from Dr. Zhongzheng Liu and President Obama's support via the "Precision Medicine Initiative". By promoting the use of personalized genetic information in the treatment of human diseases, breakthroughs in medical development can be achieved. SHOM will be diving headfirst into the market of Precision Medicine which is modeled to create $607 billion in health benefits.
Precision Medicine therapy is developed for the individual characteristics of each individual patient and is developed and designed based on the patient's susceptibility to specific diseases. The patient can be targeted for long-range treatment in the future, and individual characteristics can be identified at high risk. In addition, there is estimated to be a 10% reduction in instances of diabetes and cancer In the future, the YS government will invest 215 million US dollars to promote the program. SHOM will take the initiative forward and invest research into precision medicine in order to better its services and expand its market.
George Chang, Chief Executive Officer of SHOM, commented, "With support from the US Government, it will be a lot easier to expand and research into the area of precision medicine. Precision medicine and its potential capabilities are very exciting and by applying this to our existing technologies, these capabilities will be further amplified. We can expect major growth in the company as a result of the massive support that the area of precision medicine is getting."
About Biotech Precision Berhad: Biotech Precision Berhad (BPB) delivers luxuriously affordable and effective individualized beauty, wellness and healthcare therapy by using scientifically proven products and techniques to clients with degenerative diseases. The ultimate goal for BPB is to make beauty, wellness and healthcare a priority in the life of each guest. BPB's greatest desire is that with each visit, guests will discover a healthier and radiant person within themselves.
About Southern Home Medical, Inc.: Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. SHOM will continue to leverage the success of their businesses in order to expand sales opportunities in other locations throughout the country with health, medical and equipment needs.
Websites:
www.southernhomemedical.com
http://twitter.com/southernhomemed
http://www.facebook.com/southernhomemedical
Forward-Looking Statements
This press release contains forward-looking statements related to Southern Home Medical, CES Technology Ltd., and KC Global Inc., and the potential benefits of the acquisition, including statements regarding timing of closing and results of the proposed transaction. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These risks and uncertainties include, but are not limited to, risks associated with: Southern Home Medical's ability to successfully integrate CES Technology Ltd.; execution of plans and strategies; the inability to successfully complete the transaction, and other important factors that could cause results of the acquisition and related transactions to differ materially from the forward-looking statements detailed in Southern Home Medical's public filings with OTC Markets and the SEC, including its most recent Annual Report. Southern Home Medical disclaims any obligation to update any forward-looking or other statements in this release, except as required by law.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to Southern Home Medical operations, results of operations and other matters that are based on SHOM's current expectations, estimates, forecasts and projections. Words, such as "anticipate," "believe," "could," "expect," "estimate," "intend," "may," "opportunity," "plan," "positioned," "potential," "project," "should," and "will" and similar expressions, are intended to identify these forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Readers are cautioned not to put undue reliance on forward-looking statements.
US CONTACT INFO:
Southern Home Medical Inc. (SHOM)
NEWS RELEASE DEPARTMENT
646-206-5353
KC Global is still in the picture as to what you posted. I am looking for that rescission. CES Technology we know about. You said that KC Global was rescinded. Please show me. It sounds interesting
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134432409
I still don't find the rescission of KC Global. Copy and paste it for me. I want to see it. Any rescission would explain many things.
I wonder why SHOM still has their websites up. They should be canned by now
https://www.southernhomemedical.com/
http://twitter.com/southernhomemed
http://www.facebook.com/southernhomemedical
F
That sounds like SHOM. There were many press releases in January and they are too many to read. Can you post that information and maybe put it in the stickies?
It's a strange thing when people like going into the casino to lose a little money. That's not me. I hate losing money. I have family members who love to gamble that way. Each to his own, I guess. SHOM is a huge gamble, which in turn draws this type of people. Thing is, I have some loose change sitting on SHOM from last year that I forgot about. I have chosen to let those losses stay where they are for the reasons I posted earlier.
That is true. We have no idea how much toxic lending has transpired. If so, when the books are cleared, there could be run-away dilution which will bring a reverse split. Then again, if approval of $180 Million Credit Line from TB Group, Inc, is true;
http://www.otcmarkets.com/stock/SHOM/news/Southern-Home-Medical-Inc--Subsidiary-Obtains-Approval-of--180-Million-Credit-Line-from-TB-Group-Inc-?id=146008&b=y
then that would not be the case. Here is the thing: nobody knows and a lot can change. Either SHOM gets better, or it gets worse. My shares are staying put. If the report is false and SHOM lied about it. Can you imagine the headlines from TB Group today. But there is no such vibe found that would indicate such a crime. Doesn't that just sit us back down to think. Well, I am thinking a lot lately.
I would very rare . . . but . . .!
I will be very surprised if SHOM comes back alive.
Because there are no law suits that are presently pending after so many months, it has caused me to hold some shares in my account. Scams make big waves in public view on Google. Just in case there is a pop, I am holding what I have left. SHOM has certainly hurt all investors and it would take a real gutsy person to say otherwise. SHOM is like putting money on the roulette wheel, But I will simply call it a loss. There is not much to hope for.
Very true words. I think every investor agrees on your words today. Still, though, because SHOM is such a huge risk, I am keeping what I have left in my high-risk file. I am not expecting much.
Huh! I have a measly 2 million shares left. I sold a huge lot. Trust me, there should be dilution as A/S shares are probably being used to keep the lights on. Toxic debt, if any, would have to be cleared from the books which would lead to a reverse split at these prices. SHOM is in a horrible position, Yet, I think I am going to hold my shares as a gamble. You never know what can pop. Also, the buying of shares at .0004 for months on end would lead to massive selling if SHOM does ever start to run. Anyway you look at it, SHOM looks like a dead duck to me.
Are there there more people like you? I am holding shares but sold my largest position. SHOM deserves some rebuttal and nay-saying. However, they could defend all the comments if they could. SHOM looks very bad right now! Funny thing, after all of my negative comments which I think are true; there is this tiny itch of a thought that SHOM is only sleeping. Boy! Am I a dreamer, or what!
It makes me wonder why there isn't a good press release while investors have lost so much confidence in SHOM. There is nothing to report, that's why!! With so many press releases promising so much in 2016, there is nothing to report in 2017. It's pretty ridiculous, if you tell me.
The stink proves it!
There is no light in SHOM
Huh! Those shares are not worth much, only $400,000. That's not even enough for attorney fees. Also, the SEC could confiscate his shares if something illegal went on on his part. I think it may be smart for investors to start digging.
Tricky or questionable practices or conduct . . . untruthful . . . purposely postponed or not reporting a downfall or success.
Neither is the app operational; nor anything else. If there are things going on that would bring back investor trust, SHOM would be putting out that information. This silence is a very bad thing . . . nobody should buy SHOM!
Time has proven that those who saw the dark side of SHOM when everyone else only saw the light; those dark-sider's have been right about much of what they said. Don't ever shoot the basher. They make some good points that are worth consideration. SHOM has had plenty of time to place a defense against those who lost trust in the stock. It only goes to show that truth is not darkness or light . . . it's the quality of reason between them both.
I was planning to buy, but not yet! It's too risky for me right now. SHOM has not ever proven one press release. There are no watches being sold, no CCEJ deal, no proof that the app is being used, no mention of the names of the hospitals that signed on, no financials reported . . . just nothing. Right now, because of these points and more, we can only figure that SHOM has scammed it's investors out of a lot of money. BUT, if SHOM does make a turn around and we get these facts in good reporting, it makes SHOM worth a gamble. I wouldn't plan on anything good happening at the moment. However, if the sun pops out from the storm clouds of SHOM, it would be a real shocker as it would send investors scrambling for shares. Maybe someone is thinking this way and they are buying for the far future. It's not for me. I choose only to watch for now. The fact that SHOM is trading and there are no lawsuits filed after the many months of silence; it could be a sign that SHOM has survived. When a press release does come our way, it had better not be futuristic, but retroactive. One more futuristic press release will kill SHOM for good, IMO. Investors are still waiting on the above mentioned projects. Always hearing of what the company will be trying to do is like selling a car without the engine. Heck, this car doesn't even have tires and SHOM was still trying to sell their stock. Without one deal cinched and no facts of a followup, investors were given information on another project in the future. The word "to" is a mighty word. It was used in the last press release. Howbeit, on March 7, 2016, these figures were reported:
SHOM finished the year 2015 with $1,140,504 in Revenues, $60,983 in Net Income and $455,512 in Net Assets. The company finished the year with 786,509,863 common shares outstanding and has not increased that number to date. The company is fundamentally sound.
SHOM finished the year poised and financially ready to pursue sale, merger and/or acquisition opportunities and was able to quickly attract interest.
Read More:
http://www.marketwired.com/press-release/revenues-merger-update-southern-home-medical-inc-otc-pink-shom-2103461.htm
The way I see it, if these facts were lies, there should be many legal actions taken by now. If anything, we would be hearing of board members sued or investigated . . . or leaving. Nothing of this sort is taking place. It's up to each of their own to figure this out. But, I am staying away from buying for now. There may some people with enough gambling money to throw on the table as we see some small buying of late. Some people with winnings from another stock may be dropping some small change into the SHOM slot machine.
It's weird to think there is still some life in this stock. I think you are right. It may be another pump coming up. I say ride the pump!
Buyers beware! You could lose it all. No news, nothing!