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Microcap & Penny Stocks : MDI Entertainment (MDIH)
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To: Mr. Jens Tingleff who wrote (410)5/26/1999 11:50:00 PM
From: MDIH-Fan  Read Replies (2) of 563
 
update on MDIH(remember this is what I have been able to dig up from many sources that I believe to be reliable)
MDIH year end is at the end of the month(few more days).The company had a strong year.8 million in revenue vs 1.8 million.16 cents vs a big loss.This is where I feel the story starts.Next year MDIH base business should be in the range of 14-16 million dollars and 35-45 cents in profit.This revenue growth will come from the new games MDIH have and in the process of bidding on and the ability of MDIH to take the same games over seas.The brands that MDIH have are known worlwide .THESE BRANDS ARE VERY POWERFUL!.The bottom line profit after expenses is about 22-25 percent.Lets now talk about E-commerce. MDIH could do over 8-10 million online .sales.Total revenue for 2000 (stars on June 1) will be over 22 million dollars.MDIH has only 8 million shares and under 1.7 million in their float.MDIH could trade at $10 which would be a 80 million market cap with .MDIH is aware of the lack of movement in their stock price.The company will start to update the investors with a new PR firm which will be in place in the next 30-45 days.They plan to apply for NASDAQ small cap over the next several months.All they need is a three dollar share price.The volume should start to pick up as we see the company doing the right things for the shareholders.GOOD LUCK and stay long.
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