Medis Technologies Ltd. (MDTL)

Let's start a little checklist;

[X] Claimed to have an endorsement from Microsoft when they really didn't
[X] No quarterly profits in over a year
[X] Most income reported over the last year was from selling stock
[X] Decreasing cash flow
[X] Negative operating margin (-10974.75%)
[X] Just announced a deal to sell even more shares of itself
[X] Only product offered doesn't make much sense and even if it works is probably dangerous and has a lot of liability
[X] Big steaming pile of crap

Check and check. Time for a reload.

Bear market esp. for financials; more damage to come.

Fifth go-around on this terrible company. I just wrote a pitch for MDTL last night...woke up this morning and the stock was down 28%. Maybe someone thought I was right! Share dilution and bad business model...I have to give myself credit for nailing this one over and over again.

My original pitch, less than 24 hours old, but the facts remain the same...

I'm not completely sold that this company actually sells a real product. If this fuel cell 24/7 thing is real, it's certainly something people don't want. I know I wouldn't buy it. I think a spare battery accomplishes the same thing.

Ok, let's say it's real. No one is buying said product. $400k in sales and no earnings = not getting my investment money. 34% short interest says I'm not the only one with these feelings. 38M shares outstanding is abnormally high for a company with a mkt cap of under $200M (they've been issuing shares like crazy over the past two years).

Fourth go-around on collecting underperform points on Medis. Nothing really holding me back from maintaining a solid red thumb on MDTL.

nicvo

Foyled agian lets try South America, like Butch Cassidy & the Sundance Kid.

1. Medis has promised a comically large number of unrelated products, and sold none of them. That alone is a sign of scam. An automobile motor, a AA size battery, a cryo surgery tool, a refrigeration technology, an "anti-cancer vaccine in an advanced stage".... and a technology with an application for train levitation. Ha! Oh, yes, and (the current pump) fuel cells which somehow never come to market.

2. Medis pretended in 2005 to have the largest fuel cell order in history. But today -- 3 years after that claim, and 1.5 years after Medis could have (it claims) manufactured that order, there are NO SALES in connection with that order or otherwise.

3. In 2007 Medis pretended to have a huge deal with Microsoft, but that was a lie and Medis got sued as a result.

4. Medis has often since at least 1994 claimed to have manufacturing facilities for many things, but the reality is NO SALES from any of them. The facilities exist purely in press releases, and to the extent they are real they exist for one purpose only: to give the illusion Medis has nothing to sell. But no sales, remember?

5. The biggest and most revealing lie cellscan -- a claimed cancer treatment related device that Medis for years claimed to be selling, and improving. In reality, Medis knew it DOES NOT WORK, and Medis still doesn't know why -- so no amount of tweaking will fix it. Despite ADMITTING it doesn't work (in 2001 and 2005) at least as recently as 2004 CEO LIfton claimed it is a "completed product." This makes Medis a cancer-cure scam.

Ugly, ugly, ugly! And obvious. Following the links.

#1 and #2

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_M/threadview?m=tm&bn=11429&tid=36096&mid=36101&tof=2&rt=2&frt=2&off=1

#3 and #4

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_M/threadview?m=tm&bn=11429&tid=36096&mid=36102&tof=12&rt=2&frt=2&off=1

#5

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_M/threadview?m=tm&bn=11429&tid=36096&mid=36103&tof=10&frt=2

Til

OK, 400M market cap now...

Re-up

The biggest sales this company has ever made is not of it's products or services, but of it's shares. 500M company with less than a 1M in sales over the last five years? Insanity

A very good long term short, but you have to be willing to suffer the ups (as well as the downs). Burns cash constantly, but very good at promotion (see PRKR, RZ, SUF, etc.) I'm pretty negative on the fuel cell, but know less about CellScan.

FS = 22
Gamma = .4

Fundamentals bad, price is very overvalued.

I don't see a sparkling future till they come up with some new products

I remember reading something about this a couple years ago as well. The "mobile handset and portable consumer electronics markets" aren't all going to swith over until consumers get over the idea of accidentally spilling some liquid fuel trying to recharge their ipod and seting their hair on fire.

Terrible fundamentals. Terrible.

Can't rely on this too much.

Promises, promises and false press releases. I don't trust the management either.

Look here: http://www.citronresearch.com/index.php/2007/04/18/stocklemon-updates-medis-technologies-mdtl/#more-217

This company is a joke it publicizes a "commercial" sale to Microsoft as a strategic parternship, while Microsoft public relations characterize it as akin to buying a pen to give away at a convention. I don't trust companies that issues bogus press releases in an attempt to prop up the stock price.

This stock is going down further.

This company is a fraud. No product, no market, and a management team that lies.

Possibly a fraudulent company.

useless Management & overpriced

Not much of a company