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Re: S3lfMade post# 792

Thursday, 12/15/2016 12:47:02 AM

Thursday, December 15, 2016 12:47:02 AM

Post# of 48360
dude, there are hundreds of these companies out there. believe me, i am in the industry and own an equity stake in a private business with a similar product that can be used in ANY area of medicine/speciality/orthopedics/sports medicine/emergency medicine/critical care/rehab and a host of other uses. our platform is far superior to this company's. the SAAS model is not new, and nor is it new in mobile health technology industry. this company is NOT worth $50mil on any day of the week. at MOST, this type of company at this level, is worth $2 MILLION. that's tops. they have nothing right now essentially. they have a TON of debt. the company that i have an interest in and have been working with for over 6 years, has ZERO debt. we have cash on hand, we have pilot partners, and our enterprise value is sitting between $1.5 mil and $2 mil. that's it. i don't care what you say. this is not "historical." lmao the company is in debt to the tune of over $3 mil and has no cash or sales/revs. and they are in default on notes in excess of $225k and owe a few hundred thousand more in notes payable. they just issued nearly 50 mil shares of which about 24-26 mil are priced at .005. they have a monthly bill of $50k to pay until they sign up enough potential practices. this baby is in its infancy and is not valued anywhere near where it is trading. period. when this falls, it will be ugly. they are raising their authorized to 300 mil to cover debt so they can issue shares against the defaulted notes. this is gonna turn ugly far before it becomes a solid story. good luck. anybody with half a brain at this level with profits would not be in the stock anymore imo. there is no real room for more value. lastly, considering the fact that the stock rose so significantly on a disproportionately low volume to the float and current os, will raise plenty of eyebrows, because it WREAKS of stock manipulation. if they get halted or suspended soon, i will only say the handwriting was on the wall the entire time. best to the rest!