Coro Global Inc (CGLO)

[Prudent Capitalist]

Am I missing something, or is the problem not just about the 48 Billion shares of MDFI outstanding? To me that is the heavy anchor on MDFI and the bomb that destroyed the value and PPS.

But I have to believe that there are many here who were drawn to MDFI by the product and the prospects for the industry, who could and should remember the old maxim: "you don't have to make it back the same way you lost it......"

For those folks there are other options in this industry space. If one believes that all of the small players in the industry are in trouble, then perhaps one should leave this space entirely. But for those who are intrigued or high on the prospects for the industry, there are attractive options. CTYX is trading near its 52-week low, but has had recent news and the first signed contract for its private label MedFlash service, and a very positive update from the CEO yesterday. And, its share structure is extremely favorable, i.e. just 81 Million shares outstanding according to yesterday's released update. Although, I believe if you look at potential shares fully diluted, including convertible preferred shares assuming full conversion, you could get up to as high as 170 Million shares potentially outstanding fully diluted. Given its 12 month trading range of approx. 003 - .02, there is $$$ to be made (or made back) there IMHO, for those who believe in the industry.