Medical Billing Assistance Inc (OTC:MDBL) is getting massively promoted these days. Promotions started on Oct 4 and they 
continue at full speed today. As a result, MDBL soared 2.60% on the market yesterday, though its traded volume remained rather low, which might change today.
According to the records, the stock was promoted by different promoters and paying parties, and the compensation for the campaign has reached $120.000 until now. It is interesting what will happen today as the promotions are still on.
Apart from these, MDBL released some fresh news on its business. One of the announcements stated that the company has closed a 7.55mm financing deal with Guggenheim, and the other has just named Mr. Kris Jones as its new Vice President of Medical Operations.
However, even the positive releases did not support MDBL stock price, so now it’s the promotions’ turn.[BANNER]
MDBL, through its subsidiaries, aims to become a leader in providing high-quality, cost-effective diagnostic imaging services throughout the country focusing mainly on the needs of rural communities. The company’s latest 10-Q report is not inspiring at all, especially when considering the going concern status of MDBL.
The management states that the status is due to the incurred non-recurring expenses in the last quarter of 2010, leading to the company’s working capital deficit. Still, they believe that MDBL will be able to continue operations supported by the new loan agreement and eventually profitable operations.
