2014 could be a big year for us. mdhi is a compa
Post# of 1039
mdhi is a company the has a chance to recover here. we have become a international company over the last year. we have partners in Beijing china the partner is jtt-ems ltd.
we are also in Ireland through smart monitoring . so yes things will be looking up in the 2014 calendar year for the company.
at this point and time we need the 2013 financials and the fist and second quarters of the fiscal 2014 financials once we receive this I believe we could be in penny land or above.
yes we cleared the toxic debit from our balance sheet . but to do so we had to take the authorized share count from 1.4 b to 16b authorized. rounded up we will have approximately 997,000,000 in the float the outstanding share count will be approximately 5 billon. this is because we changed the debit to restricted common stock of the company in exchange they gave up there dilution wrights to the company
I said they gave up there dilution wrights to the company witch they did. since biotec and joe noel have no warrants on this company they can not dilute the company. our debit to them and the credit line with them has been converted to restricted common stock so they can not dilute this because the restricted common stock is all ready added into the out standing shares of the company. witch means they can not change them from warrants and add them to the out standing count it has been down in the agreement to eliminate the debit with them. this eliminates the possibility of them diluting this to death. also to sell the restricted shares they can only sell a percentage of them at a time. just my opinion if I am wrong please tell me but I don't think I am since the restricted shares are all ready added to the out standing share count,
glta