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Wall Street Grand Report
Company: MediSafe 1 Technologies (OTCBB: MFTH)
Current PPS: $0.03
Website: http://www.medisafe1.com/
Our new BOTTOM BOUNCER PICK is MediSafe 1 Technologies - MFTH.OB currently $0.031.
We all know how fast these cheap penny plays can breakout so hurry and pull up MFTH before it potentially starts to run!
This one could quickly hit momo traders radars as barchart.com just issued their strongest technical signal on the stock. Check it out- http://barchart.com/quotes/stocks/MFTH
First things first, start your research by going to the company's website here http://www.medisafe1.com/
We highly recommend you watch a presentation video on the company's product here- http://www.medisafe1.com/home.html (Just click the play button in the middle of the page)
Once you really look into what MFTH has I think you will be shocked that is is only trading for $0.03 cents with a market cap of $1.7 Million.
MFTH has the world's FIRST US PATENTED technology to eliminate administration of incorrect medicinal substances by hypodermic needle.
THIS MEANS NO MORE ACCIDENTAL DEATH DUE TO MISTAKES OF GIVING PATIENTS THE WRONG INJECTION.
Did you know that there is at least one medication error per hospital patient per day (Insititute of Medicine). 400,000 preventable drug related injuries per year.
In fact, up to 98,000 Americans die each year due to medical errors by healthcare professionals.
MFTH has a product that can prevent this! More importantly, the company has the patent for this technology which could be worth more then the whole company's valuation right now!
MFTH's patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching
between the substance and its intended patient.
What's unique is that MFTH's protector device has a locking mechanism that ensures substance is only released from the hypodermic needle after positive technology-based pre-matching is used with the specific patient, using barcode technology.
Using a barcode reader, the device confirms that the medication and dosage contained within a syringe are correctly intended for a medical patient. Upon electronic confirmation, the syringe locking-device opens, allowing for the administration of the syringe's contents.
THE DIRECT ANNUAL COST OF PREVENTABLE DRUG RELATED MORTALITY &
MORBIDITY $177.4 BILLION!!!
The global syringe market is estimated at $5.6 billion annually!
On Friday, MFTH announced that the company has pre-paid two convertible promissory notes aggregating $57,000, including the interest due. The notes had conversion rights allowing the holder of the note at any time to convert all or any part of the remaining principal balance into the Company's common stock at a price equal to 58% of the average of the lowest three trading prices for the Common Stock during the most recent ten-day period.
Link to news: http://finance.yahoo.com/news/Medisafe-1-Technologies-prnews-3063086086.html?x=0&.v=4
The company was able to now prevent any dilution from these convertible notes. This means we could potentially see a rally since it seems like the stock has hit its bottom and is startng to gain momentum to the upside!
The technicals look strong!
Barchart.com just issued a Strong_Buy rating- http://barchart.com/quotes/stocks/MFTH
This is a HUGE catalyst that many penny momentum traders could have MFTH hitting their radars and we could see a continued bounce today!
Pull up MFTH!
(This is a technical play which could see big gains for our club but is speculative.)
More Updates To Come ...
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