Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » MSITF - Projects $1million Q1 profit

 - UBBFriend: Email this page to someone!    
Author Topic: MSITF - Projects $1million Q1 profit
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
Medical Services International Projects Million Dollar Profit in First Quarter
7/26/2005 6:00:31 AM

EDMONTON, Alberta, July 26, 2005 /PRNewswire-FirstCall via COMTEX/ -- Medical Services International Inc. (MSITF) projects that in its first fiscal quarter that it will exceed $1,000,000 US in profit. Based on existing contracts, current invoices and scheduled deliveries for its VScan products in the first quarter (July 05 to Sept 05) the Company is projecting that it will report a profit for the first quarter of $1,130,000 US on overall revenue of $2,440,000 US.

As the existing contracts extend through the second quarter and it is anticipated that the Company will obtain additional contracts, it is reasonable to expect that the Company will continue to maintain or slightly exceed its first quarter pace. The time, effort and expense that the Company incurred over the last three years getting its VScan products perfected and approved by regulatory authorities in different countries as well as setting up distribution networks is now beginning to pay off.

About VScan

The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use, test for the screening of HIV1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria and Prostate Cancer. The Kits cannot be sold in Canada.

Medical Services International Inc. trades in the United States on the NQB Pinksheets under the symbol "MSITF." For further information, please contact Robert Talbot at (780) 430 6363 or Bill Whitehead Jr. at (416) 822 5883 or http://www.medicalservicesintl.com or http://www.minerva-biotech.com .

For all of us who have been waiting, this is very good news. For those not in yet, the price is right for entry IMO.

GLTA longs.

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
.0016/.0017 b/a - up from .0013/.0015 Not a big move, but in the right direction. Lack of volume info during the day seems to keep traders away, but investors may be moving the PPS in the right direction. There are miles to go before we sleep if the company keeps performing this way.

GLTA longs

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
Now .0018/.0019 on Pinksheets

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
denzen
Member


Rate Member
Icon 1 posted      Profile for denzen     Send New Private Message       Edit/Delete Post   Reply With Quote 
Etrade shows .0014 with 0 vol. ???
I'll check somewhere else.

Seems like a good buy.

dz

Posts: 1431 | From: Boulder, CO | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
denzen
Member


Rate Member
Icon 1 posted      Profile for denzen     Send New Private Message       Edit/Delete Post   Reply With Quote 
Yahoo finance shows the same.
Where are you getting your PPS?

pinksheets.com

dz

Posts: 1431 | From: Boulder, CO | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
denzen
Member


Rate Member
Icon 1 posted      Profile for denzen     Send New Private Message       Edit/Delete Post   Reply With Quote 
Pinksheets shows the same. .0014 with no vol.
dz

Posts: 1431 | From: Boulder, CO | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
Pinksheets shows no volume because of the "f" - foreign stock (Canada) - no volume figures during the day. Volume shows up about 6PM or so. The last b/a on pinksheets at 3:04 was .0018/.0019. Don't know where your .0014 is coming from, other than that was the close yesterday.

GLTA longs

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
vctclemen
Member


Rate Member
Icon 1 posted      Profile for vctclemen     Send New Private Message       Edit/Delete Post   Reply With Quote 
laughinggotter0 is right e trade shows .0014/ no volume but pinks are .0018/.0019
Posts: 9 | From: ny | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
denzen
Member


Rate Member
Icon 1 posted      Profile for denzen     Send New Private Message       Edit/Delete Post   Reply With Quote 
Thanks guys,
it's weird that yahoo also showed .0014, and no vol.

DZ

Posts: 1431 | From: Boulder, CO | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
FatherOfTwo
Member


Member Rated:
4
Icon 1 posted      Profile for FatherOfTwo         Edit/Delete Post   Reply With Quote 
MSITF does not update volume until after hours. Not sure why it is!

They have a great product that I think should do really awesome in the marketplace, but until they give real time trade info... the stock is not going anywhere!!! MSITF was trading around .02 just 1 year ago, and they have had nothing but great news come out! There is just no investor interest because they do not have the trade info!

--------------------
A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

Posts: 3353 | Registered: Nov 2004  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
Yahoo is showing yesterday's close - not updating during the day, probably due to "f" designation on company stock symbol.

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
George
Member


Rate Member
Icon 1 posted      Profile for George     Send New Private Message       Edit/Delete Post   Reply With Quote 
I have been waiting at less a year for this to move up. I keep my left eye on it. Seems like a great product and they always PR news of revenue but it just does not move enough. Today was a nice swing but since it is a Foreign stock it does not list any L2's or quotes until after hours. You have to buy and then set a sell limit and wait for it to hit. I would love to know what the O/S is.

--------------------
If all goes well then great, if not, make it work.

Posts: 2562 | From: Louisville, KY | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
The last time the outstanding was reported by the company was in March and it said about 2.1 billion. The last time it was reported on a board what the TA showed for outstanding shares was in May I believe and at that time the TA said something in the range of 2.9 billion. There will be no definitive confirmation of outstanding shares until audited financials appear, which the company says will be soon, but it has been saying that for months - the recent speculation is that the company will report sometime around Nov. when it can also report its Q1 2006 (July-Sept)results, which should be strong. Most people on various boards are using 3 billion as a rough estimate of outstanding shares, but that is just an estimate and not confirmed as accurate for any specific date. HOpe that helps.

GLTA longs

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
laughingotter0
Member


Rate Member
Icon 1 posted      Profile for laughingotter0     Send New Private Message       Edit/Delete Post   Reply With Quote 
.0018/.0019 not bad from yesterday's beginning at .0013/.0015. I hope the stock keeps rising steadily as more shipments are made and we get closer to the end of the quarter when better estimates of actual shipments, revenues and profits should be available.

GLTA longs

--------------------
laughing is therapeutic

Posts: 71 | From: springfield, MA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
BULListic
Member


Icon 1 posted      Profile for BULListic     Send New Private Message       Edit/Delete Post   Reply With Quote 
By all accounts this company is marginally profitable. This Canadian firm trades at .0007 x .0008 and is at it's low for the year. Shares o/s are sketchy but were 1,257,894,519 in mid 2003. MSITF is similar to GLIF's announcement in that they are also into the Dengue Fever test kit arena, and we all know where GLIF went today. This looks like an interesting play at these prices. The Canadian aspect with no active market data until after hours seems to be holding this one up from advancing.

http://www.medicalservicesintl.com/corpnews.htm
No financials since March 2004, but at .0008 it looks like a decent risk.

EDMONTON, Alberta, Oct 24, 2005 /PRNewswire-FirstCall via COMTEX/ -- Medical Services International Inc. (OTC: MSITF) wishes to announce that its Shanghai facility has had to increase its production capacity from 5.0 million VScan test kits per year to 6.5 million test kits per year.

Previously all of the VScan test kits produced in Shanghai were used to supply customers inside China. Over the last 45 days, the Company has received multiple large orders from countries in Southeast Asia that border or are close to China. The only way to accommodate these orders is to produce them in the Shanghai facility. Studies have shown that the increased production volumes in Shanghai will result in reduced labor costs per kit, reduced component and raw materials costs and reduced shipping costs. It is anticipated that by increasing production in Shanghai, the overall profit margins of the test kits from the Shanghai facility will increase by 13.2% or an overall reduction of production costs of $163,000 USD.

About VScan

The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use, test for the screening of HIV1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria, and Prostate Cancer. The kits cannot be sold in Canada.

Medical Services International Inc. trades in the United States on the NQB Pinksheets under the symbol "MSITF". For further information, please contact Robert Talbot at (780) 430 6363 or media contact Bill Whitehead at (416) 822 5883 or http://www.medicalservicesintl.com or http://www.minerva-biotech.com .

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described I Company reports and other filings with regulatory bodies.

SOURCE Medical Services International Inc.

Robert Talbot, +1-780-430-6363, or media, Bill Whitehead, +1-416-822-5883, both of
Medical Services International Inc.

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

--------------------
I may be wrong, but I don't think so....

Posts: 837 | From: Madison, WI | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
lilhen2005
Member


Member Rated:
4
Icon 1 posted      Profile for lilhen2005     Send New Private Message       Edit/Delete Post   Reply With Quote 
A little dilutive don't you think? R/S just waiting to happen. Been here, and out several time's, and don't want to take another hit. Look at the chart, unless something magical happens, this is going nowhere IMHO. Just my opinion, but do your DD before leaping into this one.

--------------------
Time will give you what you want!

Posts: 253 | From: Pennsylvania | Registered: May 2005  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2019 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share