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Re: john12341 post# 30692

Friday, 08/23/2013 1:25:32 PM

Friday, August 23, 2013 1:25:32 PM

Post# of 44232
Yes many of these competitors with inferior teck make lots of profit . Why does mdhi produce only losses ??? Could it be because of this and poor financials reported by mdhi in unaudited 2012 financials and this kind of scam.Every time a contract or new customer is made with mdhi the monthly revenue is increased. That is true. BUT , the financials that were shown in the 2012 quarter take that into effect. New contracts will show a monthly increase of revenue which will be sustained each month after. That is the revenue increase that the quarter shows. We averaged that increase of the three month increase to show the average monthly increase that mdhi has with Costco and all their so called partners revenue added together to give us what the 2012 financials showed. The only thing that will seriously effect the monthly revenue stream going forward is that the average contract length is 32 months (because of death of user). After that each contract to maintain the revenue stream will have to be replaced with a new one just to maintain the revenue stream. Mdhi is half way through that 32 month process still increasing their monthly revenue stream by the monthly increase shown. If mdhi does not do a MUCH GREATER serious advertising campaign to bring in new revenue the monthly increase will come to a 32 month standstill trying to replace the old finished contracts. Ronnie and joe have sucked any profit from mdhi in the past and have not shown any kind of a business plan to be bankable for increasing the money flow needed to increase the revenue stream from what it has. They can't go to a bank to borrow so they just use joe and his money, selling joe greatly reduced shares diluting the company and hurting the investors. This just shows the ineptitude of Ronnie at best or exposes Ronnie and joe's possibly corrupt pump and dump. Here is the financials to prove what I am saying and the type of scheme they are running on investors. Check out these financials here.
http://www.faqs.org/sec-filings/130212/MEDICAL-ALARM-CONCEPTS-HOLDINGS-INC_8-K/ex91.htm#ixzz2adRt46bI
Check out this scheme here. It shows how other crooks have been arrested and charged with exactly what Ronnie and joe are doing. Any one interested should call these authorities and get the ball rolling on Ronnie and joe. Their history will convict them and THAT THEY CAN'T HIDE.
http://www.chicagotribune.com/business/sns-rt-us-pennystock-20130813,0,7038890.story
These are the people to call that are in every state or city but particularly in Brooklyn because they are aware of and prosecuted this type of scam. call these offices in Brooklyn to get the ball rolling. The more the calls they receive the faster they will look into Ronnie and joe. Investors may get their money back form the crooks holdings...
The scheme led to one of the largest international penny stock investigations ever conducted by the Justice Department and the FBI, the U.S. attorney's office in Brooklyn said.