Today may be the next in row fevered day for some investors in Medisafe 1 Technologies (OTC:MFTH) stock.
The shares may be rushed again by the pressure of a stock promotional update, and by the recently announced by the company projections for expected revenues in millions.
During the weekend, a lot of investors received e-mails presenting the attractive MFTH stock.
Last Tuesday, in addition to the stock alerts investors got also bombarded by Medisafe 1 Technologies Corp. with two explosive press releases. The two of them combined caused a share turnover explosion and a 11.11% price increase between the sessions.
One week later, after the announced by MFTH discussions to adopt the company’s pre-matching drug safety administration technology with the Israel’s national emergency medical services provider were not “mirrored” in any form in the company’s SEC files.
As opposed to the mentioned already trade negotiations of the company, the stock marketing newsletters from these days were generous and presented MFTH to investors as a “Medical Breakthrough Technology Play”. Some of them were even so courageous to make references to the company’s product commercialization and product expansion.[BANNER]
All above PR messages and expected millions in revenues are really raising the question “When can this happen?”. Especially after MFTH reported in its last financials its possible inability “to continue as a going concern”.
Ignoring all financial “details”, it would be really surprising if today the supported by seven stock promoters shares of MFTH stay resistant to challenges like a stock promotion update padded by additional $17,500 paid for investor awareness and by the company’s expectations for huge revenues without any history at present.
