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Recreational use got approved in Washington and Colorado. Fox news stated Marijuana will be a 40 billion dollar industy in the first few years in just the state of Washington.
MJNA Recreational use of Marijuana got approved in the state of washington. Good Game on MJNA. I hope you already got your shares.
This was a great Flip. I hope you guys arnt waiting for this to actually be approved. The people of the U.S. just arnt there yet. Way too many anti marijuana users, and not enough pot heads. And for all the stoners out there, the majority of your parents and grand parents are voting no. Initiative 502 in washington waited to the last moment and kept it quite, then people talked about it when there ballots came in the mail preventing the mass negative publicity. However people werent going to approve of this anyway.
I am more curious about this poll that was taken in WA that gives it a 57/34 vote approval. It was probably taken at the smoke shops.
Let the slates be wiped clean with Joe Noel leaving, back with all those false hopes. Allow Ronnie Adams to bring this company above the clouds with him following through on his PR's.
Makes sense to become fully reporting, when your company is profitable. And as i recall he has been saying he will become fully reporting in december since July.
**MDHI** Company Sold out Inventory and increasing production to meet demands. Maybe the last chance for low shares?
I have my own assumptions just as everyone else.
1) I believe this company delutes because they need to make more medipendants and pay bills. I have no problem with this, I dont know why you do. I understand that it hurts the company in the short term, but it keeps the company above water before they start getting in monthly revenue which a huge chunk will start in december based off 6 month's free. I am aiming for 50% renewals. If we get more then great.
2) When Howard was the CEO he would shoot out PR's and expected high returns, and stated financials would come. He didnt get the high returns as expected and opened his mouth before numbers came back. Insert foot in mouth. He left the company. Nobody knows why(no confidence maybe), everyone can just assume.
3) Adams took charge, and pr'ed what he was doing. After numbers came back from sells, he went 6-7 months out and looked bleackly in the future and said he is expecting to be reporting by end of year. That is not blown out of proportion. Its a reachable goal. He has PR'ed sales, and continued forward, looking for more sellers abroad.
4) There is no reason for him to try and short fully reporting status, as it could backfire if the company is not ready, or if the company is more than ready then it will be great news for shareholders. The company is skating on thin ice right now, and is reaching for the 6 month mark for recurring revenue to start kicking in for possibly a huge chunk of sales that went out in june and july.
5) The reason why shareprice is so low, because 1 obvious delution, 2 shareholders have confidence in MDHI and want to get as many as these shares as they can before december, so you scare the new shareholders into selling there higher bought shares into selling at lower prices so a few can grab the cheap shares.
This is a great flipping stock. we just got to be carefull not to try and flip at the wrong time, or you can loose big.
Slyder? Why believe the claim of December financials?
No other promise has been fulfilled concerning financial updates.
Slyder? Why believe the claim of December financials?
No other promise has been fulfilled concerning financial updates.
MDHI is like crack. You can sell out, and you will be fine, but come the next PR you will want it back, because you know its going to shoot up. In december.
Or even better, the anticipation for financials in december.
You are waiting for the same thing everyone else is. That is December Financials, you didnt just wait for 9 months and bail out right before it goes to par levels at .10.
I cant wait till December. I bet I will have close to 1 million shares.
Nice guestimation. However non of that is plausible because we have no financials.
.Here we go: why mdhi isn't a buy.
1. mdhi has been in a costco sale all ready. After that ronnie had said mdhi sold the most pendents in a week ever. 50. Not enough with a costco sale behind them to survive...
2. As there is no profit on costco sales for 6 months thier is no margin of profit. As sales in costco have been at the very most 50 sales in one week thier will be no appx:, estimated, probable, most likelysales of 1500. Sorry just not going to happen.
3. Gotta give you that any sales in costco will give some profit soone or later BUT, the sale to date are far short of making mdhi profitable. That's why mdhi has kept the real sales numbers tightly hidden.
4. The balance sheet will not be good as thier is no financials and no real sales numbers and mdhi has prommissed continually to update them with just never doing it. Also with existing debt , money owed, monthly costs,wages,millions owed on patents ect mdhi is a hairs breath away from insolvancy. Doesn't make enough profit to survive monthly expenses let alone pay down any millions in debt.
5. Warrents cancelled were way out of the money . Mdhi used to be $2.50 cents and the warrents were way up there too. Cancelling them was just more fluff as none were going to be exercised when the shareprice is only part of one cent.
6. Inventory is on the shelves ,stuck there because costco made mdhi produce them to be able to have inventory to service costco without running out. As to building more, NOT untill mdhi can make some profit to pay for them. That's going to be along time as mdhi will not be able to be profitable even running on a shoe string untill about two years at the sales pace ronnie has stated.
7. International orders: Give me a break. We have been hearing that bull for over two years in one form or another with nothing actually appearing. Australia, middle east, Ect., all going to be right around the corner but never appearing just dissapearing.
8. As for profits (APPEAR PROFITABLE) not likely for all the reasons above and that mdhi would surly scream from the roof tops if sales profits outweighed costs. The stock would then have a reason to go up other then just missleading statements.
9. The company is not close to profitability as proven from above and mdhi is battling to stay out of insolvancy.
10. Yes your right , most pink sheet companies never get profitable and mdhi as a pink sheet still is not profitable. Your also right that mdhi as a pink sheet company cannot predict where they will be at the end of any given quarter because thier sales are too poor and not steady enough. That's why the REAL SALES NUMBERS are being hidden. ( along with the financials almost two years hidden).
11. Most importantly the very best time to risk hard earned money is to invest in a company turning a profit and building revenue as that company will continue to have it's share price rise for a long time giving an investor at that time a good chance of making money, not losing money. Unfortunately mdhi is still losing money and has at best two years to have any hope of becomming profitable. Not a good company to invest your hard in dollars yet safely. PAY ATTENTION TO FACTS not FLUFF and MISSLEADING STATEMENTS..
This is exactly why I am in this stock. I dont mind people talking bad about MDHI because it does 3 things. Keeps the prices low so I can buy more cheap shares, keeps flippers away, and puts pressure on the CEO to become fully reporting.
WHY MDHI IS A BUY - Here are my top reasons for why MDHI is a BUY:
1) Costco Fall Promotion - The company has filed an 8-K with the SEC stating that it has been selected to participate in Costco's huge Fall promotion. Costco has given the company an estimate of 1,500 to 2,500 units for the promotion. This promotion typically accounts for up to 40% of Costco's online sales for each category. This is clearly the biggest event in the company's history. The actual date of the commencement has not been announced, but most believe it will be very early Fall.
2) This number of additional units will spike gross margins - The company is already operating on the verge of profitability. Adding 1,500 units (which is the low-end of the Costco estimate) cannot help but to pop the company to profitability.
3) MDHI gets paid to acquire Costco customers!!!!!! - Unlike most medical alarm companies that must go out-of-pocket to provide a unit to a customer and breakeven four or five months later, MDHI has a significant advantage in that each Costco customer is positive gross margin from day one. Then, the company's salespeople get a crack at upgrading the Costco customer for 6, 12, or 18 months. The best part of this is that the company keeps all of the upgrade revenue. The company has indicated that the upgrade rate is approximately 74%.
4) Balance Sheet Restructuring - The company has stated it expects to emerge with fully reporting status and a very clean balance sheet. The new credit line has allowed them to pay off virtually all of the trade payables. Working capital should be significantly improved.
5) Debt and warrant cancellations - The company filed an additional 8-K with the SEC stating that 165 million toxic warrants had been canceled along with a big portion of debt.
6) Inventory on the shelves and on order – The company has indicated they are worried about running out of inventory and they have ordered more. I am sure they would not be running out if sales were not strong.
7) International Orders – They got their first order from Denmark and indicated on a recent conference call that they are bidding on three or four other international projects. Ronnie Adams indicated that they would are getting ready to ship to Ireland.
8) Trend toward profits appears unstoppable. While the company does sell individual units to distributors for straight gross margin, the meat of the profits will be recurring monthly revenues. Each time the company adds a Costco upgrade order or an Internet order MDHI receives revenues on an ongoing basis.
9) Market capitalization is still only about $3 million, which is rather low considering the company is so close to profits.
10) Most pink sheet companies never even have a hope of trending toward profitability. With MDHI we have a company that is almost there and they are getting there on recurring, sustainable monthly revenues from a service. They don't have to start at zero sales on the 1st day of each quarter. Very soon on the first day of each quarter they will be able to very accurately predict where they will be at the end of the quarter.
11) Most importantly – The absolute best time to buy a small-cap stock is just before it goes into profitability. In such cases, when profitability does occur the stock price typically soars to a level much higher than almost anyone expects. That is where we are currently relative to this company.
The Medipendant is selling, we all know that. We are just trying to keep the price down on the stock until we get financials. So just enjoy the cheep shares, because when we see them in December this stock is going up.
Yah it popped up under my news for MDHI. which made the morning pump and the dump at the end make sense.
That pump and dump was caused by the crap Insidersbull pick. Good thing people arnt stupid enough to belive there garbage.
Dilution: O/S 680, 320, 405
Float 493, 998, 384
Ok instead of debt I will use words. Dont pay an auditor with money you dont have. Wait till the company has a positive balance enought to support themselves and an auditor. If you have to pay for an auditor with funds they dont have then where does the money come from.
Doesnt make sense to pay an auditor with debt. If he waits until he is profitable and able to pay for the auditor with + cash flow then the company will win. If he cant afford an auditor then when he has to lay him off he will no longer be good standings with the SEC.
I am sure the CEO learned from the first time.
MDHI record: Has been bullish for 51 days. vice their previous record of 33 days.
I wouldnt worry too much about the delution problem. They bought back 169 million warrents(I believe this is the number) it would surprise me that they will buy back deluted shares starting in the January time frame after they are making cash from recurring revenue.
This stock makes me nervous. I get the flipping buisness, but instead of flipping I just end up buying down, because that one time when we try and flip, its not going to go back down, and your going to loose. Obviously we got some time before we see financials, but as we move closer to that mark its going to slowly go up with each PR. By the end of November this stock will be in the pennies .01 .02 ish due to the pr's and anticipation for fully reporting. After MDHI is fully reporting this stock will be around .15 - .20 if not higher.
Positive balance sheet comming soon, then auiditors, then Fully reporting. I cant wait.
Do your DD before you get into this stock.
Your absolutely right, peoples neglegence leads to others profits.
Yes I will be buying back into VLNX after the major dilution happens. I dont want people buying into this like they did the first time. People lost lots of money. I was not one of them, but I could see the frustration.
Its not that I am negative about the company. I am very much for VLNX. I just hate when companies publish PR's and people try and make it sound more than what it is. The only thing that I was trying to get from this entire PR was the fact they built 0 Arc Master Units after they made it sound like they already sent 2 units to Japan.
I just want new people coming into this to know you have oppertunity to buy at lower prices.
Sure; there are thousands of working models out there, they are the Gasification Processing Plants. So we know the process works, they just got to shrink it down into a semi truck.
Can they do this, well according to PR's they have conducted a engeneering Feesibility review I dont know what that means, neither does anyone else unless you were apart of that review.
Their tea is awesome. I cant walk by the store without going in and spending 60 dollers on tea.
I had a friend drink some and they went and spent 300 dollers there.
At the cash register just the other day the person in front of me spent 770 dollers on friggin tea.
I ask them how much tea they been selling last week, and they said tea always sells alot better in the winter. Its been crazy lately.
Government Wont sign contracts on something they do not know that works. So one has to get built first.
The only news that came out today is that VLNX has produced 0 Arc Master 1 units. So for the fukushima news they have sent 0 to help that, and no one has or will be buying any of these for quite some time.
For the completed engeneering feesability reviews, all that has happend is a company sent them a design plan to make the ARC Master 1 Unit.
Road ahead.
Still need to sign a Contract with Kinectrics / If this contract falls through no unit gets built and no feesable engeneering plans have happend.
Finalize plans; so they need to make sure that it works still. Just because a sketch looks good doesnt mean its going to work.
Somone needs to buy one in cash / Or they delute the crap out of these shares to get one built. I couldnt immagine this company just having the money.
Arc Master 1 Unit gets built
Reviews
More or less contracts depending on how they perform. Bottom line there will be plenty of time to buy at lower prices.
Whats going to make me really laugh is when MDHI starts buying back shares to reduce delution just like other companies. Everyone with that sale button or waiting for the last flip, is going to loose big.
You cant say its not going to happen they just bought back 169 mil warrents.
Gonna break .006 tommorow and hold it.
OS has not changed since they got a new transfer agent. They are working on becoming fully reporting to the SEC. Toxic investors are gone. This is good news. And MDHI is comming out of a shell. MDHI is looking strong. GLTYA
I will look forward to seeing these financials by the end of the year. Im sure we will be updated on progress throughout the comming months.
Yah after i read that I friday made sense. I wont be surprised if we see .10 tomorrow.
I am really excited for tomorrow. .10 is on its way back.
I posted what was on recent news for VLNX from my broker which was posted 19 hours ago.
Its under the Latest news from my online broker regarding VLNX.
Email Promotion. This fall promo is going to be with emails. I will assure you that less then 1% of people check their emails. When was the last time you checked yours, rather than to change a password, or get bill information.
Whats also interesting is how much buying there was on Friday.
Its somethings play right now, this thing is about to go through the roof.
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Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) is a technology company that has developed a Mobile Plasma Gasification System for the Complete Remediation of Hazardous Wastes. The power and opportunity in Vision Plasma System's proprietary Arc Master I lies in mobility and flexibility.The system can be located close to the source of hazmat, which largely eliminates the need for long haul transportation of dangerous materials on highway,rail and barge systems. For the Best Penny Stock Picks Subscribe to http://www.insidebulls.com/