Replies to post #11554 on MedClean Technologies, Inc.(fka MCLN)

[paulietools]

I will try to answer as best as I can.

1. The revenue produced in the Q3 2009 was from the installion in PR. A large chunk of the equipment was purchased and in inventory for a period of time. Therefore when the customer paid for the job a large percentage went to the bottomline instead of paying for equipment. Couple this the 4 day work week we had since May to keep salary down.

2. At this point there 5 that I know. 2 in NJ, the President and the CFO. 2 in CT, the purchasing manager and the service manager, and 1 in GA the sales manager working out of his house.

3. Answered

4 Answered

5 Answered

6 The equipment was removed from Harrisburg Hospital and CGOH in Harrisburg also. The system was purchased by Aramark and when Aramark lost the contract the equipment was pulled because it didn't perform as well as stated and the hospitla didn't want to purchase it directly.

7. i think the management team is very smart, however coming from the software world they lacked experience in capital equipmetn sales and the company is where it is because of that

[paulietools]

Sorry forgot the last part.
I don't know how they got the contract with MedAsssets but it struck us that was just a marketing agreement more than anything.
The Socius thing doesn't seem to have brought any actual money in, it just gives them (Socius) the right to buy shares. IF it was such a good deal why hasn't any money changed hands yet.