Posted On: 01/11/2014 7:57:58 PM
Post# of 1039
this goes with my prior post
ron has not diluted this to death. he has actually stopped the dilution by changing the warrants into common shares of stock . if they stayed as warrants if the pps dropped it would take more shares to cover the debit. by converting it common shares what they received is what they have. so it is what it is. the debit to them has been eliminated. this is good for us.
by ron eliminating the toxic debit that we had if we need to barrow money to continue operations he can now go for a more conventional loan instead of a bridge loan. that would be a better synario for us here.
I discussed that we had went international though jtt-ems and smart monitoring in my post.
jtt-ems in Beijing when they invested into mdhi the invested approximately 300,000 into mdhi. the investment was for straight common stock of the company with no warrants or options. so this was the start of the turn around of getting rid of the debit.
smart monitoring is security company in Ireland that is offering the medipendant . to do so I would believe they are purchasing the pendant from us out wright since they are a monitoring company . this would be a straight sale of the pendant to them. so there would be shipments going there on a recurring bases in my opinion in order for them to offer the pendant to there customers there.
this is all just my opinion here so do your own dd on this matter thanks
ron has not diluted this to death. he has actually stopped the dilution by changing the warrants into common shares of stock . if they stayed as warrants if the pps dropped it would take more shares to cover the debit. by converting it common shares what they received is what they have. so it is what it is. the debit to them has been eliminated. this is good for us.
by ron eliminating the toxic debit that we had if we need to barrow money to continue operations he can now go for a more conventional loan instead of a bridge loan. that would be a better synario for us here.
I discussed that we had went international though jtt-ems and smart monitoring in my post.
jtt-ems in Beijing when they invested into mdhi the invested approximately 300,000 into mdhi. the investment was for straight common stock of the company with no warrants or options. so this was the start of the turn around of getting rid of the debit.
smart monitoring is security company in Ireland that is offering the medipendant . to do so I would believe they are purchasing the pendant from us out wright since they are a monitoring company . this would be a straight sale of the pendant to them. so there would be shipments going there on a recurring bases in my opinion in order for them to offer the pendant to there customers there.
this is all just my opinion here so do your own dd on this matter thanks
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