AG, there is a company named Medtech. OTCBB, latest price is $6.
With a total outstanding of 51 M shares it sports a market cap of $310.6M.
Former name was "High Hopes". This is even reporting: (http://www.edgar-online.com/brand/yahoo/search/?sym=mdtk). But see:
sec.yahoo.com
and the referred 8-k at edgar-online.com
and this is the latest 10qsb (from Nov, filed in Jan 99).
edgar-online.com Note that the numbers in this 10qsb aren't numbers in 1000's.
And there is even an SI thread:
Subject 25082
MEDTECH INC (MDTK)
Quarterly Report (SEC form 10QSB)
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS
Medtech, Inc. (the "Company") was organized as a Nevada corporation under the name "High Hopes, Inc." on August 24, 1986, in order to evaluate, structure and complete a merger with, or acquisition of, prospects consisting of private companies, partnerships of sole proprietorships.
The Company generated minimal revenues during the quarter ended November 30, 1998, and the Company's capital as of November 30, 1998 was very limited.
At November 30, 1998, the Company had no material commitments for capital expenditures.
On January 7, 1999, Medtech, Inc. (formerly "High Hopes, Inc.") (the "Company") completed the acquisition of certain rights to a JAVA-based, on- line healthcare management system in exchange for 41,417,176 shares (post- split) of the Company's common stock (approximately 80% of the shares now outstanding). In connection with this transaction, the Company completed a 5 for 1 forward stock split having a record date of January 4, 1999.
Please see the Company's report on Form 8-K dated January 7, 1999 for further information on this transaction. .
----------------------------------------
Companies named in MDTK-s 8k:
As a result of the transaction with SEH and the issuance of the
41,417,176 shares of the Company's common stock, following are those persons known by the Company to own 5% or more of the Company's Voting Stock:
Percent of
Number of Outstanding
Name and Address Voting Shares Voting Shares
---------------- ------------- -------------
Sanga e-Health LLC 41,417,176 (1) 80.0%
Suite 700
600 Wilshire Boulevard
Los Angeles, CA 90017
Trayton Securities LLC 4,000,000 7.7%
Suite 70
8306 Wilshire Boulevard
Beverly Hills, CA 90211
Mitchell J. Stein 41,417,176 (1) 80.0%
Suite 700
600 Wilshire Boulevard
Los Angeles, CA 90017
John F. Andrews 41,417,176 (1) 80.0%
Building 300, Suite 100
10151 Deerwood Park Blvd.
Jacksonville, FL 32256
All Directors and Officers 41,417,176 (1) 80.0%
as a Group
___________________
(1) These shares are beneficially owned by Messrs. Stein and Andrews by
virtue of their positions as Managers of Sanga e-Health LLC. |
