MDIR, Medical International Technology, has been trading for 20 months and has gone from $1.30 to 0.14, but has stabilized in the .14 .16 range and now everything seems to be in place for them to start moving upward. They have spent years developing a low pressure needless injector for giving meds. Other companies use high pressure to inject meds without using needles, but this can cause leakage of blood or lymph fluids at the site of the injection and blowback can contaminate the injector. MDIR uses low pressure CO2 which overcomes these problems. The company also realized that the system could be used for injecting livestock. Also, you don't need FDA approval for live stock injections. Their Agro-Jet for livestock can give 3,000 injections/hour. They have just signed a 3 year agreement to sell their product in Japan They are also in the final stages of signing an agreement in Poland and Russia. They have a Med-Jet for human use and have submitted it to the FDA for approval. If approved, and I don't see any reason why it won't, but who knows, then they plan on selling it to hospitals and the military. It can give 600 injections an hour. The device is connected to a back pack. They also have a pen sized injector, the Pro-Jet which they plan to sell to individuals such as diabetics, a hugh market. The Med-Jet would mostly be used by the military, although hospitals would want some to use in case of a bioterrism attack or for giving flu shots. If they get FDA approval I'm going to E-mail HCA and other hospital chains and tell them about the Pro- Jet. Nothing like being pushy. By the way, they are authorized to issue 30 million shares, but have only issued 18 million shares. So it will be easier for buying pressure to drive the stock upward. And as always, looking upward, STAR GAZER. Just hope I don't stumble over anything.
Posted by 56Ford on :
I really like your picks. They are all at bottom of the charts, with things waiting in the wings to happen. I have no funds for this at this time. I'm going to keep a eye on it for news. If FDA approves it will fly high.
Posted by STAR GAZER on :
56 FORD, thanks for the compliment. I didn't think that anyone was actually reading what I wrote.
Posted by MacSusan on :
I too am keeping an eye on your picks and really appreciate the DD you put into them.
S.
Posted by Moose on :
My eye is on this too...just cause you don't get a response doesn't mean this hasn't been viewed
I spend most of my time on the MicroPenny stock board, but its always nice to pick up a stock at 0.14 if it has a chance to fly...
And speaking of FDA...LifeLine Bio. (LBTT.PK) will most likely be getting their CE mark (basically the European equivalent to a FDA). They have a new breast cancer exam that can detect cancer causing cells 2 to 5 years earlier than normal exams today... it will basically be entering into a $30B a year business with no competion.
Do some DD and you might get interest, not only will you make $$$, but its a life saving product...you're mother would be so proud! hehe
Posted by STAR GAZER on :
Thanks for all the compliments. I like to find interesting things to research, such as nanotechnology or precious metals, and then try to find interesting companies that have something to do with these fields. If I do post the company on the board, instead of just saying "Hey, look at XYZ" I like to say why I think it's a good company and also why it might be a dangerous buy such as having a hugh float. That way people won't just jump into the stock. Also, I want people to also do their own DD because I might have over looked something. By the way, I also spend a lot of time on the micro penny stock board, stocks under .10 I have done some posts on LBTT. My posts from Oct 20 & 27 are no longer available, but if you go 10 pages back on the micro penny board to Nov 2 with the 31 posts on LBTT, you will see some of my posts on LBTT. I was able to buy my shares at .0022. After I bought them, the stock drifted down to .0017, but since then it's had a nice gain. In fact, I'm going back to that board now to add a few thoughts on LBTT. Thanks again for the compliments. There are a BUNCH of interesting stocks, micropenny and higher, out there. I will try to add some more as I can. As you can see from the wierd times that I do my posts, that I have to squeeze in time to do my research and posts, so I can have no idea when I will be doing another post.
Posted by STAR GAZER on :
By the way, I am new to computers. When I write my posts, there are no blank spaces, but when I submit them, they show up with gaps throughout the sentences. Am I doing something wrong, or that just the way it goes?
Posted by STAR GAZER on :
Mad Cow Disease scare may help the stock since it specializes in needle free injections of animals. The company is making inroads on international sales and today announced that its Canadian subsidary MIT signed a contract with a Japanese firm to sell $1.2 million dollars worth of injectors for cattle and swine. The company says that it is a major achievment because it is very hard to penetrate the Japanese market. And of course the company is also working on contracts for their human designed injectors. This also may be helped by the mad cow scare.
Posted by bigdon on :
Liked this write-up, bought MDIR and thinking about more. Do you still feel good about MDIR?
quote:Originally posted by STAR GAZER: MDIR, Medical International Technology, has been trading for 20 months and has gone from $1.30 to 0.14, but has stabilized in the .14 .16 range and now everything seems to be in place for them to start moving upward. They have spent years developing a low pressure needless injector for giving meds. Other companies use high pressure to inject meds without using needles, but this can cause leakage of blood or lymph fluids at the site of the injection and blowback can contaminate the injector. MDIR uses low pressure CO2 which overcomes these problems. The company also realized that the system could be used for injecting livestock. Also, you don't need FDA approval for live stock injections. Their Agro-Jet for livestock can give 3,000 injections/hour. They have just signed a 3 year agreement to sell their product in Japan They are also in the final stages of signing an agreement in Poland and Russia. They have a Med-Jet for human use and have submitted it to the FDA for approval. If approved, and I don't see any reason why it won't, but who knows, then they plan on selling it to hospitals and the military. It can give 600 injections an hour. The device is connected to a back pack. They also have a pen sized injector, the Pro-Jet which they plan to sell to individuals such as diabetics, a hugh market. The Med-Jet would mostly be used by the military, although hospitals would want some to use in case of a bioterrism attack or for giving flu shots. If they get FDA approval I'm going to E-mail HCA and other hospital chains and tell them about the Pro- Jet. Nothing like being pushy. By the way, they are authorized to issue 30 million shares, but have only issued 18 million shares. So it will be easier for buying pressure to drive the stock upward. And as always, looking upward, STAR GAZER. Just hope I don't stumble over anything.