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Re: john12341 post# 33943

Thursday, 11/21/2013 3:02:24 PM

Thursday, November 21, 2013 3:02:24 PM

Post# of 44231
That does not say MDHI sold 4000 units through Costco in the June qtr. It says MDHI sold 4000 units in the june qtr. THey have many other outlests to sell the units. If only half of those are domestic sales, MDHI is currently generating $60k per month in recurring revenue from the unit sales in in the last qtr of fiscal 2011.

MDHI started receiving the drop shipping orders on June 28, 2012--it is in one of the SEC filings that I am too lazy to review right now but I believe was the audited 2011 filing or the unaudited calendar 2012 filing.

Coscto website indicates appriximatly 3-5 business days for deliver. That means the earliest anyone would have a medipendant in hand was July 3rd 2012 and the 6 month's included monitoring would not expire until January of 2013. Therefore there was ZERO recurring revenue from the Costco sales in any of the financials we have seen.
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