MediSwipe Inc (OTC:MWIP) looks unpredictable these days. After a price fall last Thursday, the stock froze at $0.0043 per 
share, while its traded volume reached approximately 2 million shares yesterday. In any case, MWIP is not giving up so easy.
Yesterday, the stock was heavily promoted by a few websites determined to pump up its price. The promoters placed MWIP on high watch today, while MediSwipe remained silent.
The company has not released any news on its activities since Aug 22, apart from an amendment to its latest quarterly report. At the same time, the 10-Q itself doesn’t look satisfying at all.
As of June 30 this year, MediSwipe has registered:
* $261,291 total assets
* $31,147 total liabilities
* $(701,546) accumulated deficit
* $(3,128,870) dividends [BANNER]
Apart from these numbers, the company’s net loss has substantially increased, while the revenues have decreased. And apparently, the main problem for MWIP turns out to be the dividends issue.
Management claim they may not have sufficient funds to legally pay any dividends. Also, declaration, payment and amount of any future dividends will depend upon the results of the company’s operations, cash flows and financial condition, operating and capital requirements, and other relevant factors. These, however, cannot be guaranteed to be successful.
