Medical Alarm Concepts (MDHI) – This week, the Company announced that its products are now for sale in the large Albertsons grocery store chain. Last week, the Company announced the production of an infomercial. Also, our team recently helped this management team renegotiate part of its convertible debt with the debt holders. We were very pleased to see that most of the debt holders injected additional capital into the Company. We believe is noteworthy to point out that they did so on a straight equity basis, which we believe shows strong confidence in the Company’s ability to move forward toward revenue growth. Seeing the infomercial on television should be exciting as the industry leader, Life AlertÒ, is easily doing tens of millions of dollars per month. With what we believe is superior technology, we think MDHI can cut into this dominant market share.
{ 27 comments… read them below or add one }
Joe
Is still worthy of holding my shares? Anyway, I am prepared for losing all but if it would it hurts me quite a bit.
Thanks
Kichul – We have several large sellers moving out of the stock. This is still the best tech out on the market – we need to get them on TV to begin selling these devices in mass. We are working on that now. I still like this opportunity, but I realize we are all being hurt with this stock price. Joe
Hi Joe,
Thanks for all that you do for us traders. I have been hearing that MDHI might be reporting Annual Financials on Sept. 2nd. Do you know if this is true. Love this company and love their product.
Mike
Michael – I too like their product. I just invested more cash directly into the company. Their Q2 is due on August 17th. We are moving forward with their direct response television campaign. I think the product is great. Joe
Joe,
You stated several months ago that OPMG was the best tech stock of 2010
-Joe
“This is still the best tech out on the market”
referring to MDHI.
Not a fan of OPMG anymore?
I want to get in to MDHI while its very low. Honest opinion. Will it be worthy in the next few weeks to worry about or will it be months out? I think the DRTV campaign can make it worth a lot more that 1 cent. It was a good topic here, and then went away. Do you plan to help it out, or let it fade like Biel?
History shows the “fallen and I cant get up” product did very well. So MDHI can enjoy in this success too. Please Joe, outline for us how they plan to gain the same success. I want to load up in MDHI, but I want to make sure it sees the same success as everyone else in this space did. You know Im in BMGP and I know its a great story. Out of all your others I think MDHI can have the second to BMGP in success. MDHI has been quiet and has allowed a great entry due to the pps suffering because of it. But now the quiet is getting lcoser to the infomercials. Can you share when the DRTV campaign starts as far as reveunes are Concerned? I think it could be a sleeping giant. You have to know what is the buzz around that one. I woud like to get as involved with MDHI as I am in BMGP. As the IR for them, what would you tell a serious investor with looking for a nice position, as its suffered the worst I think, and could be very profitable to those who see this as an oppotunity?
Walter – On Friday I invested more money directly into MDHI to fund the infomercial initiative. We have selected 2 of the 3 people for the shoot and expect to recruit the third early this week. We have also selected the recorded calls and have approved the script. I am also in process of getting the debt holders inline to support the company better. I like the story and need to make it work as I have a lot of money invested – about $200k of my money and my friend’s money – failure just is not an option here. We like this because of the superior technology. The other products do not allow for 2 way communications through the device. MediPendant does. Joe
Failure is not an option on MDHI. Joe
Brian – Please see my answer to a similar question from Walter. Thanks – Joe
I don’t see the similarities in our questions if you are referring to the above question from walter. Perhaps I didn’t word it in a straightforward manner.
You said you feel this is the best tech out there. (MDHI)
You said the same thing about OPMG a couple months back. Do you feel OPMG is not longer the best tech stock out there?
Thanks
Brian
If you can bring this home along with BMGP none of the others will matter. Good response. MDHI at a cent I think is worth the risk. Thanks.
Brian – Hard call. I really like MDHI’s technology and I am backing the company with a lot of my own money. OPMG needs to prove to investors that it is selling product in stores – something I think they are getting ready to do. Is OPMG the BEST one out there? Probably not, but if they can get anti-texting done the way they want it could be a huge product. I hope both do great, but difficult to day one is better than the other. Both have a lot to prove to the markets. Joe
Joe~
I wish I was right there with to invest some money into the company. Good luck with that brother. I think things will turn out okay with MDHI. Whats your completion date for the commercial?
You are the man
Michael
Whats going on with this puppy? Hopefully she rebounds!!!!
Michael – I think after we produce the infomercial investors will see the true worth of this technology and the company. Joe
Sorry to be a pest.. How is the infomercial going? Any updates.
Thanks Joe.
I’m watching Mdhi as well. The pps seems decent at this level with infomercials being so close. Do you anticipate a delay in the 60 day countdown? Or are we on track to start making some revenues? I want to gobble up a few at, or under, a cent especially, if these are on track per their latest PR. Any update would be appreciated, as this one moves up quickly, when it does. Under a cent could be a very smart play, if all is still moving according to plans outlined. Any help on this one Joe?
Joe,
Any thoughts on the earnings release coming up for MDHI, what do you predict?
Thanks, Jon
Jon – I really do not think the 10Q filing will tell you much. The top priority right now is to get enough inventory in the door to ensure there is enough on hand for when the infomercial begins. Production is underway! As I have recently indicated, I have invested some cash into MDHI, so I remain very hopeful that this can be a big stock someday soon. I love the technology – we now just need to get it to market. Joe
Walter – I think everyone seems to have a case of the summer slow downs. Production is underway, but not exactly sure when it will be delivered. It is the top priority right now. I too like this at under a penny – seems like a great risk/reward ratio. Joe
Michael – It is in progress. I should have an update on Monday. I am pushing hard. We are also in process of ordering some more of the long lead time parts to make sure we can get more units made if the infomercial is very successful – (which of course we are betting on) – Joe
Thank you Joe. I will be holding and definitely recommending MDHI to others.
Good luck with the informecial
Hey Joe,
Was wondering why the company did not announce the partner? Do you know why? Will they announce in Q1? Do you know how many hospitals?
Someone hit it hard today with 1.6m at the end!!! Hopefully a good sign
Michael
Are you still holding a position in this stock? How is everything going with MDHI?
Thanks for all the great insite.
Chase – I just increased it further by another 1.25 mm shares. I am also planning on buying more. Infomercial shoots this Tuesday!!!!!! Joe
Awesome!!!! I was watching Bloomberg over the weekend and a Life Alert ad came on. What a crappy ad!!!
Knowing that you are behind the wheel on this, it has to be 10x better than what I saw.
Live Long MDHI!!!!!