Gary,
The only thing missing is the PR! The company is being recognized and the revenues are growing at an incredible rate.
Just take a look at the last PR. Any other stock, and we would be trading around 2-3$ by now.
Just for fun take a look at MCAR. Trading around $7US. Hmmm seem familiar?
Here is a short summary of MCAR's business medcareonline.com.
MedCare Technologies, Inc., through its wholly owned subsidiary, medcareonline.com, Inc., has developed as a comprehensive healthcare portal offering extensive medical information. MedCare's health portal has been designed to meet the current grassroots movement sweeping across the web, where 46 percent of all online users search for information about a medical or personal problem according to a recent Intelliquest Inc. survey.
MedCare's ''vertical'' portal provides health-specific information and resources, such as health travel advisory, health news, symposiums, medical journals and publications. Similar to other vertical portals, such as CNET, E-Trade, Imall, and Sportsline, focuses on one specific segment, thereby making the online users experience more time efficient, effective and enjoyable.
In addition to offering comprehensive medical information to consumers, medcareonline.com also plans to offer free web hosting and home page services to an estimated 750,000 US physicians, enabling them to send and retrieve free e-mail, conduct e-commerce and allowing their patients to interact on various health topics in ''disease and condition'' specific chat rooms. Similar to the successful hosting services offered by Xoom and Mindspring Enterprises, MedCare's physician-specific web services will be initially offered in the U.S., with future expansion planned overseas.
Medcareonline.com will also offer for sale over 30,000 items, or seven times the assortment of an average natural products store, including vitamins, supplements, minerals, herbs and other natural products.
Just to give you an idea of what promotion can do take a look at the following excerpt:
MCAR could be the next YAHOO of medical information over the nternet. We believe that the nvestment community is about to discover MedCare and we know how quickly INTERNET stocks can move!
The guys that wrote the latter are promotional geniuses! Why? Because they included the words Yahoo and Internet in the same paragraph.
For those that are interested there is a research report on the Wall Street West Web site (sorry, don't have the link handy!)
MDCM's last PR could of easily been separated into several PR's. It wasn't! Why? Because they don't have a clue how to promote the company. They are running it as if it was a private company. They were supposed to have hired a very respectable PR firm by now. Baudoin & Associates if my memory serves me right. However, this doesn't seem to be the case. I was told a PR launch would be in effect .... well it was supposed to be launched a month ago! 1 incredible PR but absolutely no effect on the stock price. The stock is going to roll between .60 and .80 forever if they keep this up.
The buying is in anticipation of an expo that is taking place in Quebec city. We should be getting some very promising news soon. What effect it will have on the stock ... your guess is as good as mine.
Kind Regards AK |