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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (474)	4/14/1998 11:51:00 PM
From: Mike Moran	Read Replies (2) \| Respond to of 2911

Concerning the BIG NEWS coming on MDIX, the guy I speak to, who has never been wrong except on timing, and then by only a few days, says that the BIG NEWS concerns $9 million funding (to be fair I also heard $7 million). Incidently this "funding" equals over twice the current market cap for the entire company. If you take the company's recent news release concerning its redemption of a potential highly dilutive security (the shareholder value card) and its attached warrants (a money raising vehicle) and then square this with the rumor of an imminent "$9 million funding," without an appreciable change in assets or market-cap, and you have to consider some form of take-out or other strategic action as an alternative. No investment banker worth salt is going to raise money in one funding equal to twice the current market-cap. So, if the $9 million, or similarly large sized funding is accurate, my gut tells me it isn't going to come from a traditional financing. What does that leave?