Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum The Medipattern Corporation V.MKI

TSXV:MKI - Post Discussion

The Medipattern Corporation > There's no such thing as paid bashers
View:
Post by RE38 on Jan 28, 2013 4:27pm

There's no such thing as paid bashers

What a ridiculous myth...that a stock goes down because of Stockhouse bashers. requiemeterna must be reading a script meant for David Lucatch's next INT AGM. A stock is down because:

 

1. It has little or no revenue/income growth

2. Cash burn is high

3. Debt maturity is looming

4. No one from management nor the investment community are willing or able to create any buzz on the stock

5. Everything else is going up so people sell their dead junkers to buy the hot stocks

 

Maybe a few people were influenced by my previous posts. But those posts always had a news release regarding their debt being due by the end of June attached to it. So really anyone who read that NR can come to the conclusion that there's a real risk of default on that loan or a very dilutive equity financing coming. It would be amazing if the company can refinance without having to sell a piece or all of their assets off.

 

And even if these people were influenced by me, I'm not a "paid" basher. Just a former long who managed to sell at a bit of profit who is shocked at how disappointing their revenue has been 2 years after their FDA approval that ran the stock to 80 cents from 5 cents in two days. When I saw it at 5-6 I thought I'd get in again but as soon as I saw that the company has their latest debt agreement secured against their assets...no way. Maybe at a penny or half a cent its worth a gamble, assuming it doesn't go there based on (bad) news.

Comment by requiemeterna on Jan 29, 2013 12:12pm
RE: RE: INT up a bit - SCG to follow RE385 1/29/2013 9:47:46 AM | | 30 reads | Post #32090855 Rate this clarity 2 overall quality 2 credibility 2 usefulness 2 ...more  
Comment by RE38 on Jan 29, 2013 2:45pm
Your point is?    Wow I have opinions! This has nothing to do with the poor financial shape MKI is in and the resulting poor stock price performance. What do you think is going to happen by posting this here?    Collins: Yes, uh, Mr. Creditors, that RE38 guy on Stockhouse has opinions about "pumping" and "bashing" and such, can you forgive our debt that' ...more  
Comment by requiemeterna on Jan 30, 2013 10:41am
My point is you're dumb and stupid. They all have  money problems and your SCG is not any different so  SsTtFfUu or  get lost.
Comment by RE38 on Jan 30, 2013 2:38pm
No, you're just showing yourself to be dumb because both companies have very different levels of liquidity issues.    SCG has demonstrated an ability to finance recently. MKI has not and had to take a deadly loan with terms for just a few months and is secured against the assets just to continue operations for a few more months. Can they find that capital now? Who knows. But if they ...more  
Comment by requiemeterna on Jan 30, 2013 3:14pm
You have a big mouth for a small time gambler and that's all you are.  SCG over 200 millions shares and  RS coming or so , you know what that'll do  ? Band over  and they'll drive you home and  don't forget to pay the rent  tonite.
Comment by RE38 on Jan 30, 2013 10:59pm
Well now isn't this the pot calling the kettle black? How's your big time investing in MKI gone for you? My "gambling" ways were smart enough to get out with a slight profit in the low 20's when I had one to take close to a year ago. I take it you can't say the same, oh big time investor.   Also, you shouldn't be pointing out SCG's higher share count. You ...more  
Comment by jtmenard on Jan 31, 2013 8:27am
As I have already said the company has no assets, only short-term investments and stocks, no downtime, inventory finance that its 50%. In addition, a rate of 6.5% is excellent with what they have as assets because when you finance with venture capital rates are usually between 10 and 14%. The loan is like a line of credit with slices and each slice they issue a ticket refund and it seems that they ...more  
Comment by RE38 on Jan 31, 2013 11:05am
Their assets would be their products. I'm pretty sure that the goodwill, which is normally an intangible asset, contains those assets which would be relatively liquid, namely their FDA-approved patents and any software, code, and blueprints associated with that. Those are desirable. Too bad the company's balance sheet and current income statement is not. Future income statement could look ...more  
Comment by requiemeterna on Jan 31, 2013 7:38pm
For the last time can you name some juniors with a lot cash on hand that will double or triple in the near future? If not stop been an idiot and get lost.
Comment by svelt on Feb 01, 2013 4:10pm
Does anyone know when the next financial statement will occur?
Comment by goofenoff on Feb 01, 2013 6:16pm
Year End end of June - Q2 Dec for end of Feb financials
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities