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Re: None

Friday, 02/19/2010 6:02:56 PM

Friday, February 19, 2010 6:02:56 PM

Post# of 40561
I suggest all of you read the financials carefully. Pay close attention to Notes 2&3. Note 2. states that the the marketing agreement is in force, they recognized revenue from it and they they are in discussions to extend it.

Note 3. states that the shares are "available-for-sale" pursuant to FASB 115.

http://www.answers.com/topic/financial-accounting-standards-board-fasb-115

you can find the actual FASB 115 at FASB.org or by googling "FASB 115".

For FASB 115 to apply, these shares have to be passed the one year hold (not six months, that applies to reporting companies and ANYT is not reporting (neither is MEDT).

ANYT just put out their own financials, and in ITEM XIII, they list MEDT as a "greater than 5%" holder and even list the name and address of MEDT's registered agent. Note 2. of ANYT's Financials mentions the agreement and the shares as well and doesn't say anything about a conflict between the companies. MEDT is, in fact, the only holder of more than 5% of ANYT's shares, other than the current president of ANYT.

Figure it out for yourself, its all there in black and white.