here is a copy of what is being audited and filed

Quote:

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Ronnie Adams, CEO, commented, "Over the past few quarters we have made significant progress at Medical Alarm Concepts. We are now operating on a positive operating cash flow basis due to the strong growth we have realized in sales of our unique medical alarm product. We have also had great success in strengthening our balance sheet. Since the beginning of last year, we have negotiated the cancellation of $93,775 of convertible debt, $236,397 from our credit line, the final $75,000 of our Series B Convertible Preferred Stock, and approximately 161,000,000 toxic and highly dilutive warrants . We are planning to announce additional major debt cancellations over the coming weeks upon closing of additional negotiations with debt holders . The Company recently engaged Paritz & Company, P.A. as its new independent registered public accounting firm. Paritz & Company has begun the process of auditing our financial performance. The Company has also recently hired new corporate counsel and new accounting professionals to assist management in completing its Securities & Exchange Commission 10-Q and 10-K filings in order to return the Company to fully reporting status."

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