The Medipattern Corporation V.MKI

Management promised update late June

[segltech]

Why are they not reporting April and May scanning numbers!!!!

[longinvestor12]

I can confirm this. I wrote an email a few days ago to Jeff Collins and he mentioned that due to the fact of the revised terms in the financing they could not talk about anything. he also mentioned the long weekend played a small role... I was vry impressed that my e-mail was answered the same day. I few weeks ago I had written another email regarding the scans and 15 minutes later Jeff called me.

[goofenoff]

There seems to be a problem with raising the financing for the purchase of MyTrack. PP was announced on May 28 to close June 15th. The closing was extended "on or about July 4, 2012 or on such other date as agreed to by Medipattern and the Agent. All other terms and conditions of the Offering are the same as were announced on May 28, 2012". This is completely understandible in today'

[longinvestor12]

I agree. What I don't like is when CEO's overpromise and totally under deliver as this happens way too often. I am not saying this is the case here. I own an enormous amount of shares and truthfully, it's a little hard to find any potential negatives on this stock. If anyone cam think of any potential negatives I would love to hear them. The only one I could think of is if the

[longinvestor12]

where did you get this news?

[longinvestor12]

Goofenoff, where did you get the news regarding difficulties with the financing?

[goofenoff]

If there would be no difficulty in getting the financing then there would not have been an extention or amount reduction required. From May 28th PR: "...a minimum of $3,000,000 and a maximum of $5,000,000 with closing expected on or before June 15th, 2012 (the "Financing..." from June 27th PR"...for aggregate gross proceeds of a minimum of $2,000,000 and up to $4,000,000."

[fpellegrino67]

  Medipattern Closes First Tranche of Private Placement Financing 09 Jul 2012 06:30 ET   Marketwire Canada - NFD   NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES   Attention: Business/Financial Editors   The Medipattern Corporation ("Medipattern") (TSX VENTURE:MKI), is pleased to announce today that it has closed on the