posted
I've been in MSITF for a while now and it has bottomed out and is in a major accum phase.
MSITF products include: The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use test for the screening of HIV 1&2, Hepatitis B&C, Tuberculosis (TB), dengue Fever, and West Nile.
It has a couple things going for it
1) The volume has been low and steady for the past few months. I take this to mean that there has not been any dilution and they are actually making enough money off sales to sustain their daily ops.
2) The chinese SDA is very close!
3) Nigeria approval was just received!
4) Annual financials are expected to come out in the next couple weeks.
5) Manufacturing is already in place with distributors ready to sell!
6) MM's have been playing games at the close with this one. It trades all day at 0.003 x 0.0033 and then it gets dropped right at the close.
This thing could go to 0.05+ with the chinese announcement and first major sales contract announcement.
posted
VScan Test Kits Get Full Regulatory Approval in Nigeria Wednesday November 3, 6:01 am ET
EDMONTON, Alberta, Nov. 3 /PRNewswire-FirstCall/ -- Medical Services International Inc. (Pinksheets: MSITF - News) is pleased to announce that the VScan HIV test kit has received full NAFDAC regulatory approval in Nigeria. Full NAFDAC approval means that the VScan HIV test kits can be used by any and all organizations, businesses or individuals that that want to use them. Many businesses in Nigeria have initiated testing programs for the testing of employees. In addition to the above noted organizations VScan test kits are also available on a retail level in pharmacies in Nigeria.
ADVERTISEMENT click here Once again the full approvals by the NAFDAC in Nigeria show that once again the VScan HIV test kits are able to stand up to all regulatory testing required for approvals.
Approval in Nigeria means that the kits can also be sold in several countries surrounding Nigeria. The Nigerian approval of the VScan HIV test kit is very important as there are in excess of 100 million people in this area.
posted
Medical Services International Receives Approval to Export VScan Test Kits Monday October 25, 6:01 am ET
EDMONTON, Alberta, Oct. 25 /PRNewswire-FirstCall/ -- Medical Services International Inc. (Pinksheets: MSITF - News) is pleased to announce that it has received final approval to export the VScan test kits from its Shanghai production facility. It is reasonable to expect that the Shanghai facility will manufacture and ship up to 1.0 million VScan test kits in the next six (6) months into Southeast Asia. This will represent approximately 3.0 million dollars in gross revenue. This number is based on existing orders and orders currently being negotiated by the Shanghai facility. This does not include orders received from within China itself that cannot be shipped until final approval is received by regulatory authorities. The Company continues to work as quickly as possible in regard to regulatory approval of its VScan test kits within China so that the existing orders for China can be processed.
posted
Medical Services' Shanghai Plant Begins Production for China Monday October 4, 12:11 pm ET
EDMONTON, Alberta, Oct. 4 /PRNewswire-FirstCall/ -- Medical Services International Inc. (Pinksheets: MSITF - News) is pleased to announce that it has received permission to ship VScan HIV tests within China, prior to regulatory approval. The Company received an order for 50,000 VScan HIV test kits to be shipped within China. The customer has received permission from regulatory authorities to receive the order even though final approvals have not as yet been received for China. This order will be processed by the production facility in Shanghai and delivery will be within 30 days.
They want to scare everyone out of their shares. They are trying to give the illusion that it is dropping fast. We must be getting some great news soon!!!!!
I'll bet anyone that we open at 0.0026 x 0.0028!!!
posted
Did anyone take my advice and buy? Something is brewing! We are up 100% today on NO news! Someone knows something and they are getting in now. Buy Buy Buy!
posted
I have a good position on this one but wont get more until the CEO make the appropriate papers to get that damn volume and transaction real-time.....
Someone talk sens out of him please....this could be so much higher with all the good news they have.
I think there are a few more days like this ahead. The charts showed that it was way oversold, and the upcoming SDA approval could keep this going. The volume was only about 2.5 times the avg.
HIV Test Kit Receives Approval in India Thursday December 2, 6:01 am ET
EDMONTON, Alberta, Dec. 2 /PRNewswire-FirstCall/ -- Medical Services International Inc.(Pinksheets: MSITF - News)is pleased to announce that our collaborator, an India based biotech company, has received the license from the Indian government for manufacturing and sale of HIV test kits in India. The license allows the sale of the test kits on all sales levels including retail. The market for HIV rapid test kits in India is substantial. It is reasonable to assume that the demand for a rapid test kit for HIV in India will exceed 7,000,000 test kits per year.
posted
MSITF is canadian and with the F in their symbol, intraday volume and quotes are not available. I see the price at pinksheets but it is 15 min delayed!
Posts: 3353 | Registered: Nov 2004
| IP: Logged |
posted
Like I've said many times, if the CEO would just file those paper, no matter that he's in Canada (many co. are located there, SPRU, GENM, etc.), we would have real-time...but he told me: NOt important!!!
Someone wake him up please.
Malloy
quote:Originally posted by FatherOfTwo: MSITF is canadian and with the F in their symbol, intraday volume and quotes are not available. I see the price at pinksheets but it is 15 min delayed!
The 10 day ma is crossing over the 50. The MACD is positive and the rsi has crossed over 50. These are bullish signs that indicate that it should push up to 0.01 + easily!
posted
I have bought and sold it during regular trading hours through Freetrade. You just don't get live quotes because it's F Foreign. You're pretty blind, but you can trade it.
quote:Originally posted by realityinc21: WHEN DOES THIS STOCK TRADE? NOT REGULAR TRADING HOURS??
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
Date Open High Low Last Change Volume % Change 12/06/04 0.0064 0.0067 0.0058 0.0064 +0.0006 22868699 +10.34%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 11662370
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 10500032
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy 100-Day Average Volume - 10283764
Overall Average: 40% - Buy
Price Support Pivot Point Resistance 0.0064 0.0054 0.0063 0.0072
posted
Anybody think that a 2nd approval can come this week? They have been using the TB test kits in China hospitals in an "Experimental" mode. Look at this old PR......Remember, TB is just as big if not bigger than HIV in both China AND India!!!!!!
Medical Services to Continue Experimental Use of VScan TB Test Kit Monday September 13, 6:01 am ET
EDMONTON, Alberta, Sept. 13 /PRNewswire-FirstCall/ -- Medical Services International Inc. (pinksheets: MSITF - News) is pleased to announce that the experimental use of its VScan TB test kit has been extended in Chinese hospitals. The hospitals currently using the VScan TB test kit have received regulatory approval to continue to use the VScan TB test kit on an experimental basis while applying for regulatory approval. Additional hospitals will also begin using the TB test kits.
Based on the excellent test results that have been obtained in PRC hospitals using the VScan TB test kit, particularly the fact that the VScan TB test kits do not give false positives, regulatory authorities have given permission for the hospitals to continue using the VScan TB test kit on an experimental basis in PRC hospitals. The data being generated by the hospitals will ultimately be submitted to the SDA to help set testing standards for Tuberculosis (TB) in China. There is no other rapid test kit available that measures only live TB and does not give false positives.
Tuberculosis kills more people each year than all of the other infectious diseases combined. Testing for TB has become mandatory when related to immigration in most countries. Tuberculosis will kill over 8 million people this year. As the test results of the VScan TB test kits become published it is expected that the demand for the kit will be very high and it is reasonable to expect that the company will sell in excess of 4 to 5 million TB test kits per year.
posted
I'll be hitting the sell button a little before that, Malloy. Good to see you, we been holding this one awhile. Still wish they lose that F ! Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
posted
Nice little pull back giving the opportunity to squeeze the last little bit of blood out of the stones in the back yard and finish me off in terms of adding to my position.
I look forward to the company's annoucement of the approval of the TB test, as well as PRs regarding shipments and revenues.
My only quandry is whether to hold for the long term, or look to do some in/out trading as the stock peaks and pulls back on longer term upward trend.
Anyone have any suggestions how to judge peaks and troughs? Do bollinger bands give guidance? moving averages? I don't want to sell and have the stock run away from me, but I also don't want to ride it down into a big trough if I could play it better.
Help would be appreciated.
Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004
| IP: Logged |
posted
Father of Two - in what year was that TB PR issued? I don't recall seeing it this year - but maybe I just missed it. I agree with you that approval of the TB test would be big news - maybe bigger than the HIV test. GLTY.
Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
