RE: Management promised update late June 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's financial market. This also effects new NR.
Everyone needs patients at this time as this company is in the building stage and little unforseen bumps occur.