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Here is your cash injection.
http://ih.advfn.com/p.php?pid=nmona&article=59476663
Thank god this guy isn't at the helm.
He predicted a 0 price for this time about a year ago.
http://seekingalpha.com/article/1003341-star-scientific-how-the-share-price-can-be-deceiving
This same guy made similar predictions for Nokia and ended up chewing his own words.
Wonder what has changed in the fundamentals between last week and this week.
What news is this guy bringing to the table other than what everybody already knew?
More than half of that float has already been picked up under 4. This is going to 20 easy. And if there is a story, time that by 2 again.
Thanks for the reply. How long have they been out?
I don't follow ANDI on a daily base and the chart looks good right now. I can't verify what you said but I can tell you that the same trio was there last month.
Perhaps company has gotten all the financing they need for their pipelines. That trio always cuts through the butter that CEO's usually lay around these boards.
GLTY
What's up with the big diluters on this stock? VFIN, PUMA & VNDM.
They're probably the ones behind the recent short frenzies as they have inside knowledge of the real financial conditions of the co.
Gagged T/A is consistent with the above.
So are the buys.
Only few millions every day in the last couple of trading days. I guess that can't be mentioned compared to your 40 shares.
http://otcshortreport.com/UBRG
Actually, that just means shorts don't like to hold on to their shorts positions for too long. A bullish sign imo.
GLTY
This stock is going to fly and with the fuel of a nice short squeeze in the works due to that major news of DTC chill lift.
http://www.shortvolume.com/chart_engine/draw_chart.php?Symbol=ubrg&TimeRange=30&
Speaking of RS, perhaps you can enlighten us and include the SS with your comments just to see if there is any room to bring that up.
DTC chill lift --> Short squeeze
The impact of such technology is just amazing. I worked for a small distributor and we could not fill orders fast enough for all the hospitals and labs around the world. Margins were just crazy.
And that was for hypodermic needles without any of the concept that Medisafe brings to the table.
Shorts caught in deep doo-doo...Squeeze that doo-doo baby!
http://otcshortreport.com/mfth
Under the program approved by the BOD, Medisafe 1 Technologies is authorized to repurchase up to 10 million of its outstanding shares of common stock at a price up to $0.10 per share on the open market.
http://www.prnewswire.com/news-releases/medisafe-1-technologies-corp-has-of-today-acquired-3100000-shares-and-continues-to-acquire-shares-under-its-1mm-stock-repurchase-program-of-10mm-shares-up-to-10-cents-a-share-to-facilitate-its-on-going-acquisitions-activity-pl-162628536.html
No signs of dilution.
MM's know people are intimated by NITE so they use that to their advantage. NITE is the shaker to scare folks out. NITE scares sellers to his buddies
I know one thing. The recent type of selling and the volume clearly don't signify that the deal is off. Just traders shooting the breeze and shaking the trees.
Get an early start on your weekend.
Next week will be different.
Shorts desperately trying to get some shares to cover their 10's of millions used in the past 10 days.
Proly someone on the inside who's got some beef with management or some type of interest conflict with that $7 M. deal the company is working on.
http://www.otcmagic.com/mfth-big-news-little-stock-penny-stock-medisafe-1-technologies
Sub Penny Stock Explosion!
Penny Stock speculators looking for explosive gains have long turned to Sub Penny Stocks for their ability to make Monster moves in short time frames. One Sub Penny that is getting big attention the last few trading sessions is Medisafe 1 Technologies, Inc (OTC: MFTH) which has made a spectacular run in the last 2 weeks from lows of $0.001 to a recent high of $0.006
While MFTH a developer of patented technologies that physically prevent unauthorized administration of prescription medications has already moved 500% + in recent sessions many believers in the company will tell you it’s just getting started! Much of the excitement surrounds the huge developments and press coming from Medisafe 1 Technologies.
On July 16 they announced that the company has of July 16 2012 acquired 3,100,000 shares of MFTH under the Buyback Program which was authorized by the Board of Directors in June. Under the program, Medisafe 1 Technologies is authorized to repurchase up to 10 million of its outstanding shares of common stock at a price up to $0.10 per share on the open market.
On August 30 they announced that the company is in advanced negotiations to enter into a non-exclusive perpetual license agreement to transfer rights for the full commercialization, marketing and distribution of its patented medicinal locking mechanism and bar-code matching system. Terms of the sale include a one-time payment of $7MM. The perpetual license agreement is anticipated to be signed within 60 days, pending the results of a due diligence study by the intended buyer.
"We hope to soon announce the closing of the perpetual license sale, which will enable the wider distribution of our technology, and to fulfill the principles of our business plan," said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp. "The sale, if completed will infuse Medisafe with much needed capital to further develop and market our proprietary, life-saving devices."
Finally yesterday MFTH announced that the company intends to issue a one-time special dividend to all existing shareholders pending the perpetual license sale of technology rights to a third party. The estimated dividend amount payable to each shareholder of one common stock is $0.01. "Upon the anticipated completion of this non-exclusive perpetual license agreement, we will be extremely pleased to be able to reward our shareholders with this special dividend," said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp. "Similarly; we intend to continue to update our shareholders with further information following the sale's closing."
The dividend is significant because currently the stock trades for less than half a cent meaning shareholders would earn a 200% premium pending the $7MM perpetual license sale of technology rights to a third party.
Conclusion: MFTH has seen some very important developments over the last few months and the investment community is starting to take notice. Currently trading at a market valuation of around $2M MFTH is rapidly starting to develop the type of loyal investor following that catapulted CBIS to 2,000% + gains. All this Makes MFTH a stock to watch and might just provide a spectacular trade opportunity in the weeks and months ahead!
Make sure you are subscribed to OTCMagic.com so you get the inside scoop on MFTH
OTCMAGIC STOCK PICKS
Mainly short volume I will add and since 10/8
http://otcshortreport.com/MFTH
For the record I am long and will sell when I know fit.
I couldn't tell from your insinuations but you clearly seem to wobble in between with your isinuations and your parallels to KAMG
As I said, my trading is not based on speculations but purely what the tape says. Everything else is hot air.
Get with the program this is MFTH. Never traded KMAG and don't know anything about that.
As I said, right now this thing is so thin that any spark will easily send it to 3 p3nnies.
If you're asking me about how trustworthy management, my answer is who cares. This is the world of pennies after all. Imo, whoever's holding the bulk of shares knew then and probably still does that something positive about the deal. Timing might just be off.
Right now, trading is what everyone is focussed on and the tape says it all.
Forget management. I need some shares at .0025
Floodgates wide open...Shorts having a feast right now...
Read the tape. No one is selling anything. Float is locked. Check out what kind of shares have been used to bring the price down for the past week.
One of two things will happen in the next couple of days; Margin calls on the short positions or some much awaited news. Both would be nice cuz trading is so thin right now that it could easily push it to 3 pennies before you know it.
I don't know what's so hard about those FINRA numbers. 84.5% of total volume traded on the short side and the rest was on the side that doesn't involve any kind of shorting but includes any covers. Covering of short positions is not counted with the short volume per FINRA
Assuming all of the 15.5% was used to cover (which is very highly doubtful), that leaves a day closing with a minimum of 84.5-15.5 ie at least 69% of today's volume closed on the short side.
Any news and the squeeze game is on....Classic bear trap in the works
http://www.shortvolume.com/chart_engine/draw_chart.php?Symbol=mfth&TimeRange=30&
Actually there are orders hidden on the bid side. Clearly short covering...
500 million shares to get price from .002 to .007 and only 50 million to take it right back down to .002. Talk about 10 bag holders...
Wonder why this was not an issue a couple of weeks ago when this stock traded in the .006's but all of the sudden has become one.
Glad to see you notice the low volume. Soon there wil be nothing left at these levels.
Btw, I'd rather risk half a penny for a penny than the other way around.
Shorts done covering. Back on the main trend again.
Any news and shorts will squeeze it to a penny.
This is worse than "acid rain".
Totally agree, CEO can BS his way around this board all day long about not gagging TA but his golden parachute is clearly garanteed through the heavy trading of VFIN and VNDM.
That 1/4 million dollar cinnamon was just hot air. VERT paying CEO well for his BS. Clearly debt conversion continuing up the wazoo
Short squeeze play...Target .0018
How about some serious data instead of the BS that gets laid around here regarding short interest in EGOC.
Jun 29, 2012 2,326,960 100.00 10,881,922 1.00
http://www.otcmarkets.com/stock/egoc/short-sales
Make sure and click on the column header "Short Interest" to sort it from high to low.
That's exactly what the tape says.
One additional comment about your ending statement; lots of shares have been shorted at .001 and below. Now there aren't enough shares to go around for cover.
Signs of a squeeze to a penny is in the works. The way PPS is being sustained, margin calls will make it a reality.