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Sunday, April 27, 2008 9:59:15 PM
FWIW...
3/14/07 PR -Modern Technology Corp (MODC.PK) Signs LOI to Acquire VitalCare Technology Enterprises
http://www.primenewswire.com/newsroom/news.html?d=115514
Modern Technology Corp $5 million dollar acquisition LOI. SEC filing dated 3/12/07
http://www.secinfo.com/d1Z7X7.u24.d.htm
7/05/07 PR - Modern Technology Corp Expands LOI with VitalCare Technology Enterprises
http://www.primenewswire.com/newsroom/news.html?d=122442
Expanded Letter of Intent re Acquisition of VitalCare, SEC filing 7/04/07 READ THIS, VERY INFORMATIVE!!!
http://pinksheets.com/edgar/GetFilingHtml?FilingID=5288361
VitalCare Technology Enterprises (VCTE) is a company specializing in providing Administrative, Marketing, Business Development, Strategic Planning, Clinical Oversight and Investor Relations Services to the Healthcare, Nutrition and Fitness Industries, with an emphasis in bringing "Cutting Edge" bio-technology, healthcare and nutritional products and services direct to consumers. VCTE has several service and product divisions.
The current focus is SOLELY on the diabetes treatment. It is cited in evaluation status below, but I highly recommend reading the LOI to see ALL of their operations.
“Currently VCTE is evaluating a new technology that delivers pulsatile intravenous injections of insulin for patients receiving treatment for their type II diabetes. This new emerging technology uses an FDA approved, patented pulsatile intravenous insulin pump technology, referred to as PIIP-TherapyTM VCTE is currently in negotiations with medical specialists and healthcare providers who are pioneering this new treatment and will provide administrative, sales and marketing as well as investor relations services.”
The only thing I find relating to the MODC deal falling through is oddly from same day as the expanded LOI.
7/04/07, Modern Technology Corp withdraws offer for VitalCare Tech Enterprises. Its a report from Thomson Financial Mergers & Acquisitions, whoever they are, cost $36. Oddly enough, the heading on the page is still states "acquires"
http://www.alacrastore.com/storecontent/Thomson_M&A/Modern_Technology_Corp_acquires_VitalCare_Tech_Enterprises-1885921020
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