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Author Topic: MCDG>>> Bottom bounce
Prdponce
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.065

 -

PART I. -- FINANCIAL INFORMATION


Item 1. Financial Statements



MOLECULAR DIAGNOSTICS, INC.
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)


September 30, December 31,
2005 2004
------------- ------------
(Unaudited)
Assets
Current Assets:
Cash and cash equivalents ..................................................................... $ 130 $ 11
Accounts receivable, net of allowance for doubtful accounts of $0 at September 30,
2005 and December 31, 2004 .................................................................. 16 30
Inventories ................................................................................... 48 48
Prepaid financing costs ....................................................................... -- 80
Prepaid expenses and other current assets ..................................................... 121 14
------------- ------------
Total current assets ...................................................................... 315 183
Fixed Assets, net ............................................................................... 258 326
Other Assets:
Licenses, patents and technology, net of amortization ......................................... 20 20
------------- ------------
Total assets .............................................................................. $ 593 $ 529
============= ============

Liabilities and Stockholders' Equity (Deficit)
Current Liabilities:
Accounts payable .............................................................................. $ 3,989 $ 4,426
Accrued payroll costs ......................................................................... 1,044 1,084
Accrued expenses .............................................................................. 1,838 1,944
Deferred revenue .............................................................................. 25 25
Due to stockholder ............................................................................ 36 38
Lease obligation .............................................................................. 110 110
Notes payable--related parties ................................................................ 70 70
Notes payable ................................................................................. 3,560 4,955
------------- ------------
Total current liabilities ................................................................. 10,672 12,652
------------- ------------

Stockholders' Equity (Deficit):
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 1,102,192 and 1,119,192 shares
issued and outstanding at September 30, 2005 and December 31, 2004, respectively (Liquidation
value of preferred stock $9,459,022) .......................................................... 7,716 7,767
Common stock, $0.001 par value; 300,000,000 shares authorized; 154,546,823 and 99,792,292 shares
issued and 154,354,735 and 99,600,204 shares outstanding at September 30, 2005 and December 31,
2004, respectively ............................................................................ 155 100
Additional paid-in-capital ...................................................................... 50,017 45,961
Treasury stock: 192,088 shares at September 30, 2005 and December 31, 2004 ...................... (327) (327)
Accumulated deficit ............................................................................. (67,586) (65,565)
Accumulated comprehensive loss--
Cumulative translation adjustment ........................................................... (55) (59)
------------- ------------
Total stockholders' equity (deficit) ...................................................... (10,080) (12,123)
------------- ------------
Total liabilities and stockholders' equity (deficit) ...................................... $ 593 $ 529
============= ============


The accompanying notes are an integral part of these consolidated financial statements.

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Prdponce
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.06 x .07
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Prdponce
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.07
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Prdponce
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.08
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Prdponce
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.09
hehehehe

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Prdponce
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.10
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Prdponce
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nice close.. check the chart out
__________________

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Andrews
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what does this company do, and what do you think the future of this stock is and the change?
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Prdponce
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quote:
Originally posted by Andrews:
what does this company do, and what do you think the future of this stock is and the change?

Dont know anything about the company, except for what I posted.... Just played the chart and MOMO.... Will see how it opens tomorrow
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Andrews
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im looking at about 6 penny stocks that look good right now. they are:
SSTY
IYSA
MTNA
MCDG - who the hell knows where this is going
MBAH
MMIC

How would you guys choose what looks the best to put your money into it. What makes you decide?

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JB28930
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first the chart, second where it is in respect to the year high or low to get an idea on how much it has to move, third how many previous days it has risen or fallen, fourth how brave you are.

--------------------
JB

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Prdponce
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at .06 again
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Prdponce
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Starting to climb back up.. .069
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Prdponce
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.075

I love this play

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Prdponce
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.076 going fast, hehehe
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Prdponce
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.078 breaking out
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Prdponce
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.08
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Prdponce
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.084 going wild
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Prdponce
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closing strong

.097 x .098

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Prdponce
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hitted .10 again last time ran to .16 worth watching tomorrow
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Prdponce
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hitted .11
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