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Wearable Health Solutions, WHSI
Posted On: 10/18/2013 11:10:56 PM
Post# of 1039
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Posted By: john1234
mdhi is a small business . you can run a small business in the red all you need to do is pay the bills pay the taxes and reinvest in the business and show a loss it is all legal even though you are profitable you are in the red on paper and by doing so you take large deductions on your taxes for the business its all accounting mumble jumble. in reality you are running a profitable business you just make it look like you are not and I believe that is what mdhi is doing I could be wrong don't know it is just a opinion on the matter.
anybody who has run a business would know about these ins and outs on how this works if you don't believe this is possible look into a little deeper on how to make a business look like it is running in the red or at a lose for tax reasons. this is all my opinion on this matter not trying to be rude to anybody.

mdhi is in a market sector that we should be running in the green or profitable witch I think we are but cant prove it do to the accounting mumble jumble that is used the big one that is used here are the retained assets. retained assets are profits put back into the company witch in return would count as a tax write off ,as well as shiping cost cost to make the product etc.

now lets look at what I said  all of this only works in a start up company witch mdhi is or was. it only works for the first 4 to five years of business. mdhi has been in business sense 2009 it is now 2013 that is four years, now they are saying they are starting to realize or expect to realize operational positive cash flow witch means we are now a growing company and not a start up witch is with in the wright time frame. so they need to start to show some profit with in the company . witch I believe they are doing. by doing so they are becoming self supporting of there own operations and don't need to keep barrowing money to operate the business. witch will show a stronger balance sheet and make the company debit free. at this time this is what the company is saying is happening here.
I do believe mdhi is in good shape and share holders will be rewarded and the company will prevail this is all just my opinion on this matter













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