Replies to post #30177 on Wearable Health Solutions Inc (WHSI)

[robert-1]

HERE IS THE TRUE FINANCIAL position of mdhi !!! All these figures I am about to show can be verified in Ronnie's own unaudited financials here.
http://www.faqs.org/sec-filings/130212/MEDICAL-ALARM-CONCEPTS-HOLDINGS-INC_8-K/ex91.htm#ixzz2adRt46bI
Now for the TRUTH OF THE REAL SALES NUMBERS. To determine the financial health of mdhi we have to break down the REAL SALES NUMBERS and what it means to how mdhi is actually doing. In these financials you can see a Sept. 30 2012 revenue quarter of $95,426 and a Dec.31, 2012 revenuequarter of $102,280. This then actually shows the REAL SALES INCREASES of revenue for three months. The difference of the two quarters which is $,6854 which is three months increase in revenue sales. Divide that by three to give us a one months revenue increase of new sales which equals $2,284.66. Now remember that this is revenues that was created while mdhi was in Costco for a year and had all their so called partners revenue added in. This is the REAL SALES NUMBERS of mdhi with all partner revenue all added in...NOW in mdhi Year End of June 2012 mdhi showed a loss for the year of $749,017.00. To find out how long it will take mdhi to become profitable we must divide their yearly losses by their monthly increases so we can determine how many months it will take mdhi to break even. Yearly losses 749,017.00 divided by monthly revenue increases of 2,284.6 EQUALS 327.85 months of increases to actually become profitable. 327.85 months divided by 12 to give us years to become profitable is 27.32 YEARS TO BECOME PROFITABLE. Yes that is TWENTY SEVEN YEARS !!! All the figures are in the financials posted and you just have to do the math. Unless Ronnie and joe start to do something different that actually helps mdhi then the ruin of this company is (like Ronnie likes to say) "is just around the corner", after Ronnie and joe finish dumping and diluting all the shares they can on unsuspecting investors. They have now finished dumping over a BILLION shares on the market in the last two years. Their pockets get full while the investors lose with all the dumping lowering the shareprice.

[normal investor]

drKen Do you have any update on 2012 and june 2013 financials? Or any other information from the company? Please update

[rokkdatstock]

How did MDHI work out for you Drken? That 3 cents turned into .0003 today considering the 800/1 split. .0003125 to be exact.


MDHI projected stock value…

A worst case scenario, partially based on the following public data:

• 800 MM (i.e. Million) active shares until End Of calendar year 2013
• Expanding Sales with reasonable retention
• Profit from only RMM (as described in recent 2011 Financials)
• A bit of fuzzy “I’ve been here before” Crystal Ball math
• A predictable, emotionally-charged, pump/dump SPIKE (gotta lov’em)

When the dust settles at the end of the MDHI 1Q14 quarter (Sept 30th), my worst case scenario puts the stock value at 3 Cents. (Other authors here are suggesting the same.)

A corollary: “Why would I ever consider selling ANY of my shares for less than $0.03 between now and the end of 2013?”

If I do, I’m prepared to wear one of Jeff Foxworthy’s “I’M STUPID” signs around my neck. BTW, I’m sure he has one available for YOU also.

800MM shares at $0.03 is only $2.4MM capitalization. This is operationally do-able!