Replies to post #29059 on Wearable Health Solutions Inc (WHSI)

[john12341]

the financials will be out by july31,2013. for the shares it could be people just getting out. we will be fine here. things are coming to gather it just takes time. I hope this helps you. mdhi fiscal year ends june 30,2013 so we should see the yearly report for 2012 as well. july- sep.of 2013 will be the first quarter of 2013. in oct of 2013 we should see our first quarterly report for 2013

Additionally, without an increase in the authorized shares, the Company will not likely be able to continue its efforts to become current in its Securities Exchange Act reporting. The Company intends to use part of the proceeds from the private placement to pay for related and continued fees and costs of retaining legal, accounting and auditing services to assist the Company to prepare and file all delinquent reports including three Form 10-Qs and one Form 10-K with the for each year delinquent, in order to become current in its Securities Exchange Act reporting. By way of example, the Company’s new independent registered public accounting firm, Paritz & Company, P.A. is currently working on the audit of the Company. As also mentioned above, the Company has recently hired new corporate counsel and new accounting professionals to assist the management of the Company in completing its Form 10-Q and Form 10-K filings with the Securities and Exchange Commission in order to return the Company to fully reporting status. As a result of this progress, the Company intends to have all of its delinquent quarterly and annual reports filed with the Securities and Exchange Commission by July 31, 2013.

reference from were this came from.
http://ih.advfn.com/p.php?pid=nmona&article=57630483

[appalled]

According to OTCshortreport, on may 31 100% of MDHI shares sold were naked shorts. While that mey not seem like a big deal since less than 50k shares changed hands, on June 4th, more than 1.3 mil shares were sold and 99.55% were naked short sales. Today--the 5th--67.34% of the nearly 4 mil share volume was naked short sales.

All of OTCshortreport's statistics supposedly come directly from FINRA. They show 5,493,696 naked short shares flooding the market in the last 5 days alone.