Replies to post #95699 on MedGen Inc (MDIN)

[TradeSmart.ai]

The longs are also down 99%

[kfox]

LMFAO. Most Revisionist history I've ever heard. The "longs" of which there are really few have said in the past:

The 13 million in revenue Nick claimed in 2013 was real.
There would be 1 million in cash in the 4th quarter 2013 report.
2013 was going to be a great year.
The Lactose product was a game changer for 2014. First quarter (remember that)
Nick was the Man. Doing a great job.
Product would be in stores by end of 2013.
Wait til Europe sales start
MJ entry huge .
Sales would skyrocket by end of 2014 because of Walgreens and drugstore.

Now I'll grant you for every Nick and Justin failure there were rationalizations like
Nick's doing a great job because the chill usually takes a long time but to say that "longs" predicted the timeline is a provable false statement. And it doesn't matter. I would have liked to see the longs correct and the company a success. What's happened however, beyond the personalities, is that there is no demand for these products. Consumers don't like them. That's the biggest problem here. Hey , it's conceivable that Diep can sell them to the multiple Asian markets and they'll succeed there. No one knows. I just don't see any of the products with the exception of Snorenz ever being in a US store.

[TradeSmart.ai]

Justin??? lmao is that the name of the newest "CEO" to take the helm here?

Ahhh I remember the good old days of Nick Chieco, out of all the snakes that Ray put in charge of the company he was the most decent imo, at least he was real with you on Twitter.

In any case the point of the matter is Ray Barton is the con-artist that has been running this turd bucket for almost 20 years.

Anything "New" coming from the company is recycled garbage from how many years ago.

And yes all longs that have bought this garbage since June of 2014 are down at the very LEAST 50% and at one point 70% unless you "average" down which is useless with this beached whale.

The R/S has been long coming since December of 2012 and the only thing that keeps propping this scumbag stock up are people's hopes and dreams around this time when the newest CEO releases the much anticipated PRs, but alas...the share structure is so bloated now the usual February rally won't save it this time around.

R.I.P Ray Barton Scam

$MDIN

[3WhiteSoldiers]

Oh really?

The longs all have posted that this would take at least 2 years or more for this start up company to get going

I'm a long and I certainly never posted any such thing!

If it was expected to take two years, Then why did the CEO (the head of the company) tell us TWO YEARS AGO that products would be "available from coast to coast...by as early as June of 2013, and MDIN revenue would be THIRTY MILLION DOLLARS by the end of 2013?

And we're supposed to just blindly follow the new CEO, like the children of Hamelin following the Pied Piper, to our demise?
Thus far there's been no evidence that anything he's said is true, other than S.M hitting the market. Two months ago he claimed there was a mixup at V.C.S., and that they would be carrying Snorenz again soon. Not there yet! It shouldn't take 2 months to place an order (even with holidays).

Now that all the underlying information has come to the surface, we're well back on our way to a relationship with Vermont Country Store

We are on the verge of taking off

Nick should be on the verge of taking off, with pink slip in hand (and cuffs around his wrists)!

Diep would not fool around with any start up company with his reputation if he thought it would not go!

That's an ill-advised statement. Look at Bernie Madoff, Allen Stanford, and the other executives who've been indicted for fraud. Investors never expected them to tarnish their reputations either.