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Warhead

08/19/13 10:17 PM

#61532 RE: Pennylanepam #61531

So what does this tell you?


The significant financial improvement from the same period in 2012 is due to the fact that the Company will not be charged again for the issuance of stock to its CEO to guarantee his contract.

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Pennylanepam

08/19/13 10:23 PM

#61537 RE: Pennylanepam #61531

Solos Endoscopy and TÜV SÜD America has scheduled its Stage 2 ISO 13485 Audit to be completed on August 16, 2013. Upon successful completion of the Stage 2 Audit, including a review of the Auditor’s report and resolution to any corrective actions
, Solos will be certified to ISO 13485:2003, the internationally- recognized standard for quality systems for medical device manufacturers. Certification to ISO 13485:2003 will in turn facilitate Solos Endoscopy obtaining the CE Mark on its MammoView® devices to sell the MammoView® in the European Union.

So let em revue the findings and weget our PR with a fat increase in pps!
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slazenger7

08/19/13 11:50 PM

#61543 RE: Pennylanepam #61531

Lol.. Watch for the next filing, and in the meantime, go ahead and believe the President when he tells you he's working for free now!

Here are the facts -

"the Company issued 30,000,000 shares of its common stock to the President of the Company for the renewal of his employment contract and recorded an expense of $300,000."

http://ih.advfn.com/p.php?pid=nmona&article=55044314

"In the second quarter of 2012, the Company executed a pledge agreement to secure the services of the President to be performed under the employment agreement. As a result, the Board of Directors issued 450,000 shares of Series B Preferred stock as additional security."

"The Company has elected to book the security issued pursuant to the employment contract as an additional $450,000 expense based upon 450,000 shares issued at a rate of $1.00 per share. If the Company satisfies its obligations under the employment agreement and corresponding pledge agreement, the Company will then make the appropriate adjustments to the accounts. "

http://www.prnewswire.com/news-releases/solos-endoscopy-posts-total-assets-of-2426883-for-period-ended-june-30-2012-166410046.html

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