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Drugdoctor

06/22/14 9:42 AM

#40910 RE: michaelstl #40909

re-Do you really think that Medient's BOD would do a R/S in this climate?

Absolutely- They already have SAID they are going to do a REVERSE SPLIT? Listen for yourself...

Here's the link...


Question: Will there be a Reverse Split of the Stock?

Answer: Yes

It is well discussed here in the conference call. What has not been said is how much or when... I recommend a 1 for 100 and try to get the price over .10... Maybe even a 1 for 200...

A telephone replay of the call will be available approximately one hour following the call, through midnight Thursday, June 26, 2014, and can be accessed by calling: 877-660-6853 (U.S. callers) and entering conference ID: 13584908.



Don't forget, they need a .10 share price for 6 months to get listed on OTCQX exchange... To get that price a REVERSE SPLIT significantly higher is needed, because, 99% of the time, within a few weeks, a REVERSE SPLIT penny stock is trading at about 40 to 50% of it's "coming out of reverse split" price... There will be another price shock when the papers, SEC pre 14C filing, are filed. Reality will set in then and the stock will probably sell off sharply...

captainmath

06/22/14 10:09 AM

#40914 RE: michaelstl #40909

"How do you think current shake up in Management, additions of Koppelman to COB, Paterson as new Director, and Davidson, would effect Medient's negotiations with local Banks regarding strength of Management team and conservative approach?" Finally we are asking questions from a business perspective instead of from a disgruntled share holder’s perspective! We now have a CEO that has Charles Koppelman's stamp of approval, an empowered Koppelman as COB and Paterson as a new Director. The business plan is back on track. If I were a bank I would take this team very seriously! Imagine, after almost a whole year of fairy dust, finally this company is laser focused on generating revenue! This is huge from a business perspective.