Good Morning DUMMIES!!!!
MFTH just announced some of the best news possible!
Medisafe 1 Technologies Corp Commences Today its Buyback of the $1MM Stock Repurchase Program of 10MM Shares up to 10 Cents a Share to Facilitate its On-going Acquisitions Activity Plan
Medisafe 1 Technologies Corp. (MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced that the company today June 11 2012 is commencing the Buyback Program which was authorized by the Board Of Directors two months ago. The share buyback is expected to last approximately 1-3 months. The shares will be returned to the Treasury of the Company to be used for further issuances for future acquisitions of companies which the company is currently in negotiation with.
Under the program approved by the BOD, Medisafe 1 Technologies is authorized to repurchase up to 10 m of its outstanding shares of common stock at a price up to $0.10 per share on the open market.
“Medisafe 1 Technologies continues to progress in our efforts to bring further added value to our shareholders,” said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp. “The repurchase of shares will be returned to treasury and will be used to enable us to acquire additional technologies that augment our existing commercial product line and we will updating our shareholders in the forthcoming weeks of new and exciting news in regards to further acquisitions.”
This is absolutely HUGE news! MFTH is starting the share buy back program and is willling to buy up to 10 M shares if its common stock up to 10 cents a share!
They are basically telling us they will be buying the stock up! 1 Cent a sure looking like a hell of a bargain now!
Make sure MFTH receives your full attention this morning!
Big Winners for 2012:
We have been Compensated five thousand dollars for this publication on MFTH by a third party