Wearable Health Solutions Inc (WHSI)

[appalled]

MDHI simply does not have enough volume to justify a claim of dumping. The purpose of the pump is to create enough volume to be able to dump.

To be able to net real profit from a dump of a penny stock, it is necessary to have daily volume that is in the multiple tens of millions and those companies strive for 100's of millions.

Use Joe Noel's last convertible note (if it wasn't one of the ones that was negotiated away) as an example. He was given a 25% discount over a moving PPS. The date that note matured, his purchase price was approximately .0013 for approximately 10 mil shares. Even if he sold all 10 mil @ .0015 his total profit would only have been $2000.00. It has been almost 5 months since that note matured and it would have taken almost that entire time to unload 10 mil shares. That comes to about $400.00 a month in profit since June 15th.

People claim that 2 or more people are trying to make money this way? Be serious. Nobody--I mean NOBODY--who participates in market manipulation is going to risk going to jail over that kind of profit particularly when almost all the news we get from MDHI is in SEC filings.


Take the time to review pumpanddumps.com. They now provide excel spreadsheets that review the trading of most of the stocks they cover. I can also provide the symbols of several companies where insiders dump their shares into the open market. In every case their daily volume jumps from hundreds of thousands (maybe a couple of million) to 40 mil, 50 mil, 100 mil and more.

That is what you see when insiders are dumping shares. It is not happening at MDHI.