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She's got some room to move on level 2 that's for sure RCA. Couple MM's sitting at on ask at .025 couple at .03 that smooth sailing until 5. Should be an easy double with news/volume!
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I don't think any smart trader would sell at this price level. It's MM's technical play. They're floating around 50d average until the NEWS IS OUT.
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News should be out before the end of the month.
That's why we have the accumulation and some flushing. MM's trying keep the price at 50d average obviously because of some insiders trying move the price up before the big news. That's why we have this see-saw pattern. But it's getting hard to accumulate. Spread is getting larger if you look at L2.
Well, I'm loaded enough at average of 0.02. At 50 cents that's pretty good money.
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I realize everyone is anxiously awaiting the much heralded launch of the UNDIET® system. I cannot emphasize strongly enough how important we in management believe this product line is to our overall growth. Adding to the support and excitement, our “capital” partners have already invested an additional $1M to insure our success in this venture and further indicate the availability of additional capital if and when needed. This kind of monetary support is rare for micro-cap companies like Med Gen who struggle everyday to invent and launch proprietary products into the market place.
Making sure, positively sure, that we have met every measure of assurance testing is a very important process in the introduction of a new product. As new bacterial tests have become available, we have decided to submit UNDIET® to the most rigorous modern testing procedures now available, using this opportunity to include the results in our advertising and sales material. The power of this message and being the first to offer “Sprays the Way” technology to the millions who struggle with obesity problems will clearly add to the probability of a successful launch and an immediate surge in revenue for Med Gen.
I do not want to miss this opportunity. Thus I have delayed the launch until June. Ninety Days seems but a trifle when considering the enormity of the market we are entering, expected to reach $70 billion this year.
Further, I hope that everyone appreciates the wise use of our website to communicate important events. Not only does it save us precious dollars in filing constant “New Releases”, it also recognizes the extraordinary power of the Internet, a medium that is fast becoming our major source of income. Many of our shareholders already use our products on a monthly basis. Our Snorenz® has kept many marriages together and Good Nights Sleep® has helped many more get a better nights sleep. If you suffer joint pains, you owe it to yourself to try our Painenz®. We offer money back guarantees on all our products.
Like I promised, I’ll keep the news coming on a regular basis.
FORWARD LOOKING STATEMENTS
Statements made in the Chairman’s Letter, which are not historical facts, are based largely on current expectations and assumptions of management and the chairman and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by such forward looking statements. These risks and uncertainties include among others, the following.
Assumptions relating to forward looking statements involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions; all of which are difficult or impossible to predict accurately and many of which are beyond our control. When used in this letter, the words estimate, believe, project, intend, expect and similar expressions are intended to identify forward looking statements. Although we believe that assumptions underlying statements are reasonable, any of the assumptions could prove to be inaccurate and, therefore, there can be no assurance that the results contemplated in the forward looking information will be realized. Our business decisions are subjective in many respects and susceptible to interpretations and periodic revisions based on actual experience and business developments, the impact of which may cause us to alter our business strategy, and may in turn, affect our results of operations. In light of the significant uncertainties inherent in the forward looking information herein, the inclusion of such information should not be regarded as our representation that any strategy, objectives, or other plans would be achieved. The forward looking statements contained in this letter speak only as of the date of this communication as stated, and we disclaim any obligation to update or review any of these forward looking statements.
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And the market is giant for UNDIET. 2 months is just enough time to market the product. They might be looking for additional capital to market the product.
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Looks like it's starting to move for you RCA. I will watch closely am tomorrow. This seems to start the day slowly which may give me an opportunity to jump in.
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We will continue to move up all the way to 200d average or higher until we have the golden crossing. Then company will announce the product.
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RCA- How long do you see this run lasting? I am trying to decide wether or not to let my funds settle and jump in on Friday, or to jump in with unsettled funds.
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You see, you could have bought much cheaper yesterday..just accumulate .. it will payback.. you gotta be patient.. in a month range we should float around 0.10 with ups and downs. But right now it's best time to accumulate BEFORE THE STOCK RADARS DETECT this stock and it will because technicals are bullish as of now.
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