Seeking Alpha

Investorideas.com's  Instablog

Investorideas.com
Send Message
www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas, news and research for biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on... More
My company:
Investor Ideas
My blog:
Investor Ideas Newswire
  • Microcap Stock Alert: Medical Alarm Concepts Holding (OTC:MDHI) Up 12% 0 comments
    Mar 11, 2013 2:14 PM | about stocks: AET, MDHI

    Microcap Stock Alert: Medical Alarm Concepts Holding (OTC:MDHI) up 12%

    Point Roberts WA- March11, 2013 ( www.investorideas.com newswire ) -- Investorideas.com, a leader in sector research for investors, issues a trading alert for medical device company, Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK). The stock is trading up at $0.0028, gaining 0.0003 or 12.00% as of 12:24PM EDT on over 467,000 shares.

    Last week the Company reported it has received an investment led by strategic partner, JTT-EMS LTD of Shijiazhuang, China. Under the terms of the investment, JTT-EMS purchased restricted common stock, which it plans to hold as a long-term investment. The financing, including additional investments by current shareholders, will total approximately $330,000.

    The Company also recently announced an update with details about its recently accelerating growth rate and a contract signed with a diversified national insurer where Medical Alarm Concepts will become a provider of personal medical alarms.

    According to the release, " Under the terms of the new agreement, the diversified national insurer will offer the Company's MediPendant® product and monthly monitoring services to subscribers of selected healthcare programs. Additionally, the Company's MediPendant® product has been, or may be, included in their dual demonstration programs (Medicare and Medicaid) related contracts on which Coventry Health Care, Inc.(NYSE:CVH) may bid. Additional information regarding this contract can be viewed on the website hosted by the US Securities & Exchange Commission at the following link:" http://www.sec.gov/Archives/edgar/data/1443089/000147124213000073/mdhifeb262013.htm

    Full news: http://www.investorideas.com/news/2013/biotech/03041.asp

    Additional information on the MediPendant can be viewed at www.MediPendant.com.

    About MDHI (OTCQB: MDHI.PK),

    Medical Alarm Concepts Holdings, Inc. (NYSE:MAC) develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. MediPendant's™ patented two-way voice technology enables the user to speak and listen directly through the pendant no matter where the user may be in and around their home. MediPendant™ service also includes advanced features such as three-way calling that enables the operator to link loved ones directly into the emergency call in real time. Text message alerts are also standard, and are used to inform loved ones that the user has contacted an operator or has requested assistance. A standard PERS system does not enable the user to speak and listen through the pendant, thus limiting them to a small area in their home. There is always the risk that the user will not be heard by the call center operator if they are not within a short range of the base station.

    Medical Alarm Concepts Holding, Inc.

    Contact:
    Medical Alarm Concepts Holding, Inc.
    877-639-2929 Ext. 113

    Paid News published at Investorideas.com Newswire:

    Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure :MDHI: March 2013 news and content distribution Investorideas.com newswire and syndication partners : $five thousand

    More: http://www.investorideas.com/About/Disclaimer.asp

    BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

    Investorideas.com 800 665 0411

    Disclosure: I am long OTCPK:MDHI.

    Themes: medical device stocks Stocks: AET, MDHI
Back To Investorideas.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.