Sanomedics International Holdings Inc. (fka SIMH)

[keekee]

You only need to read this article to know why some of us (me) are holding hundreds of thousands and buying more with every spare change.

Highlights:

1. It is a radical high-tech machine AND IT HAS PATENTS. You guess the worth
2. It is not an EBOLA machine "Ebola just put it over the top."
3. "It's not just the CDC, which ordered 80 thermometers, according to Houlihan. The National Institutes of Health also requested some of the thermometers on Monday, and hospitals have been accelerating their purchases.."
4. "Sanomedic claims its device is the only touch-free thermometer that’s been cleared by the Food and Drug Administration for clinical use in the United States."
5. "The infrared thermometers may even be cheaper than traditional ones in the long run because they don't require the use of disposable sanitary covers — a cost that can add up over time."

NOTE: Right now, the entire market cap on this is about $2 million, including the converted shares. Company is now freed of litigation costs. The 200-day moving average is $0.59 and the 50-day MA is around $0.16. In either case you have some 300% or 1000% move from current PPS. You may being to understand why, at least, one Fund just filed a 13g - grabbing some 3.5 million of the shares or 9.9% of the shares. CAUTION: I AM LONG SIMH!

http://www.washingtonpost.com/blogs/the-switch/wp/2014/10/15/the-cdc-just-rush-ordered-80-of-these-high-tech-thermometers-to-screen-for-ebola/