MedGen Inc (MDIN)

[wreckingball]

Northstar Global Business Services, Inc.
20 Peachtree Court Suite 103H | Holbrook, NY 11741
Phone: [phone] | FAX: [phone]
To the shareholders of MDIN:  
We've come a long way in the last few months, between the launch of Snorenz Medicated and opening
talks for distribution in other countries for the first time in years.  However, I'm very aware that there
are concerns about what is coming next, and the purpose of this letter is to share some of what's on the
way.   
For starters, we're well under way with the DTC and have met all of their guidelines for chill
removal.  We're waiting for their final review of some of the items that caused them to enforce the chill
in the first place, which should take place in the next week or two.  We've complied with their every
request and have done everything possible to get the chill lifted.  At the end of the day, the DTC are the
ones with power to actually lift it, and I (like many of you) am looking forward to positive outcome.   
We're on our way to resolving the issue with Vermont Country Store, and now have a much better
understanding of where the issue stemmed from.  It turns out that the buyer responsible for making
that decision was actually trying to procure original Snorenz, but mistook it for Snorenz Nighttime
instead.  They used sales projections based on their previous sales of Snorenz, which I'm sure I or any
number of other people could have told them were way higher than could have been expected from
Snorenz Nighttime sales.  Now that all the underlying information has come to the surface, we're well
back on our way to a relationship with Vermont Country Store, where they'll be carrying original
Snorenz, like they did successfully in the past.   
We're also going to be running another Groupon deal in the very near future as the launch event for the
new packaging, which is finally complete and in inventory.  Groupon doesn't allow us to disclose the
date until they go live, but it will be very soon.  That will be shortly followed by the retail shelf test I
mentioned recently, which will finally give us the opportunity to test out advertising options and how
they impact the brick and mortar marketplace.    
Finally, we have a very exciting announcement coming within the next 7-10 days.  I know you’ve been
told that by previous CEO’s, but I promise this is a major change to the company, and it will propel MDIN
far more than any single announcement to date.  I ask that you be patient because the biggest deals
always take the longest, but I can tell you we have a full agreement and just have to work out a few
small remaining details.  I will let everyone know about it the second I can.  I know you will all be as
excited about it as I am.   
Sincerely,
Justin Sindelman  
President & CEO 



Northstar announces that the DTC chill on MDIN has been officially lifted
PR Newswire

HOLBROOK, N.Y., Dec. 17, 2014

HOLBROOK, N.Y., Dec. 17, 2014 /PRNewswire/ -- Northstar Global Business Services, Inc. (OTCPink:MDIN) today announced that The Depository Trust Company (DTC) has made their final decision and has determined to lift the Deposit Chill on the Company's stock effective December 15, 2014, and has resumed accepting deposits of Northstar's common stock for depository and book entry transfer services. All deposit restrictions have been removed, and the Company is now once again fully "DTC Eligible", and has resumed electronic trading of the Company's common stock.

A DTC "Chill" is a restriction that requires shares to be traded and cleared manually, using paper certificates instead of the electronic system operated by the DTC. It was originally placed on Northstar several years ago due to a large number of share issuances, which the DTC views as a red flag to potentially unnecessary dilution. To remove the restriction, Northstar had to prove that every issuance the company has done to date were legal issuances that were important for the company's growth and survival. The removal of the chill means that shareholders who have brokerage accounts with firms that do not allow transactions involving non-DTC eligible issuances will once again be able to buy and sell Northstar's common stock through the electronic system that controls clearance and settlement. This should bring Northstar additional liquidity, and save investors from paying the extra fees some firms charge for non-DTC eligible stock purchases. The company reasons that a much larger population of potential investors, now being able to more easily buy Northstar shares, should translate into liquidity and a larger demand for common stock in the company, especially considering the recent developments.

Northstar's CEO, Justin Sindelman, commented, "The issue of the chill is one that has handcuffed Northstar and limited trading of the stock for more than two years. The company's legal counsel, Kaleem Sikandar, worked extremely hard to satisfy all of the DTC's requirements, and that hard work has definitely paid off. I'm thankful that we've finally provided sufficient proof to demonstrate to the DTC that Northstar has always operated with both the growth of the company and its shareholders' best interests at heart."

According to Sindelman, the chill removal could not come at a better time. The company has many exciting plans for the future, and this represents the first of many big leaps forward. New Co-Chairman, Michael Diep, has been working diligently to engineer distribution deals to help thrust Northstar into a period of consistent growth. Although the company is being careful not to give out any details before they are ready for release, Mr. Diep has made substantial strides forward, including advancements towards structuring a deal that will bring the entire product line to a very large and well known distributor, with channels in several Asian countries. The company aims to release full details as soon as possible.