Replies to post #33173 on Wearable Health Solutions Inc (WHSI)

[rokkdatstock]

The patent holder could find an outright buyer. I make way over 6% on credible investments. I'm sure the patent holders could too without the severe risk of dealing with MDHI.

[floridagrl25]

Yes, the original amount of $2.5 million is still owed to the patent holder. Interest payments only, have been paid. The $2.5 million comes due again on January 1, 2014. Will MDHI get another extension and continue with more interest only payments? At some point this $2.5 million will have to be paid off. How will they do that? With more toxic financing? As time goes on, newer technology continues to advance in leaps and bounds. Where does that leave the Medipendant? With $2.5 million due on a patent for an aging product? Yes, dates are important.

Those dates don't really mean anything. The payments are all interest only and at 6%.

the patent holder is still owed the original $2.5 mil