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Friday, December 13, 2013 10:23:26 AM
Ronny has been talking about this debt free crap for years >>
Nothing more than a slippery play on words = Debt Free but our Stock isn't worth two piles of horse manure!!!
Can't imagine why this $MDHI HIGHLIGHT wasn't included:
In connection with the determination of our Board of Directors (the “Board”) that it is in the best interest of the Company and our Stockholders to undertake the following corporate action, our Majority Shareholders authorized the following Shareholder Action:
The amendment of the Certificate of Incorporation to increase the authorized number of shares of Common Stock from 1,400,000,000 (One Billion Four Hundred Million) shares of Common Stock to 16,000,000,000 (Sixteen Billion) shares of Common Stock (the “ Authorized Share Increase ”).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9657304
HIGHLIGHTS FROM TODAY'S BIG ANNOUNCEMENT. THE BOTTOM LINE HERE IS THE COMPANY IS CASH FLOW POSITIVE, DEBT FREE AND GROWING EVERYDAY. NEW PROMOTION CURRENTLY HAPPENING AT COSTCO. THE TRUTH IS VERY CLEAR. GOOD LUCK TO ALL. HERE IS THE SUMMARY.
1) $845k REMOVED FROM BALANCE SHEET. DEBT BALANCE WILL BE AT ZERO! - NOT BAD FOR A LITTLE COMPANY.
2) QUOTE FROM CEO "We are very optimistic about our future as we believe we have built a strong company that will continue to grow based on high quality monthly recurring revenues."
3) COMPANY IS CASH FLOW POSITIVE. CEO QUOTE ".....our growing positive operational cash flow.
4) IN ADDITION TO THE $845k COMING OFF, LOOKS LIKE ANOTHER $1.1 MILLION IS BEING REMOVED: "...will allow for the reversal of hundreds of thousands of dollars of derivative liabilities..."As of the end of Fiscal 2012, the derivative liabilities balance was $1,099,300.
5)BUSINESS TURNAROUND...."the Company will be providing investors with additional updates about the dramatic turnaround in the business,
6) NEW PRODUCT..."will also discuss the development of a new medical alarm device that is currently being engineered and will complement its existing MediPendant®.
7) I DON'T CARE WHAT HAS HAPPENED IN THE PAST FROM THE COMPANY. TODAY IS A NEW DAY. THE DECISION IS, WHAT DO I DO WITH THE STOCK TODAY. DO I BUY IT OR DO I SELL IT. TODAY IS TODAY AND YESTERDAY IS NEVERMORE
7) A SMALL CAP THAT MAKES MONEY, IS DEBT FREE AND DOING WELL. WHO WOULD HAVE THUNK IT. MDHI ALL THE WAY!
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