Medical Services International Inc. (MSITF)

[sparco]

Post #598, reprint of special options.

Funny thing (actually not so funny at all), when perusing the audited 2003 financials. It is on their website for anyone to verify.

On Section 12. Income taxes.
(a) Non-capital losses

For 2004, MSITF is allowed to claim a loss of $2,234,000. For subsequent years till 2010, they are able to claim losses for several thousand dollars per annum.

WHATS EVEN MORE TERRIBLE IS THE FOLLOWING, AS IF THEY WERE FOREWARNING US...

Section 9. Share capital
(c) Stock option plan

Number of options: 3,200,000 which expired January 25, 2004 at an exercise price of 0.01
NOTE: ON JANUARY 23, 2004 HEADLINE: Medical Services VScan Rapid Test Kit Approved in Peru
Hmmmm, interesting.

Number of options: 65,500,000 at an unbelievable exercise price of 0.0005 which expired January 24,2005.
NOTE: December 2 and December 7, MSITF received approval in India and China respectively.

Number of options: 126,500,000 (thats right) which expired on February 20, 2005 at a superunbelievable exercise price of 0.00015
NOTE: BETWEEN JANUARY TILL BEFORE THE EXPIRATION DATE,
MSITF EXPANDS INTO TAIWAN, RUSSIA, AND MALAYSIA. ALSO TEST KIT FOR PROSTATE CANCER AND WINNING THE LAWSUIT.

Just a thought now that I look back. And here we are still waiting for the audited financials. And just think we are a little over 1 month away from the fiscal year end.