Bullish Updates for Medifirst Solutions Inc (OTCMKTS:MFST)
Medifirst Solutions Inc (OTCMKTS:MFST) shares rose 12.12% on Tuesday to $0.00370 and were flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.02. The company has a market cap of $561,734.00 at 138.02 million shares outstanding.
Medifirst Solutions Inc is a development-stage company that is engaged in developing medical devices. Under a manufacturing agreement, the company produces its hand-held mobile laser system known as The Time Machine Program. Through its subsidiary Medical Laser Manufacturer Inc, it has entered into a Product and Know-How License Agreement with Laser Lab Corp to license the use of various properties in connection with seeking regulatory approval for and marketing, distributing and selling The Time Machine Series Lasers or TTM Series.
In addition to the license granted to Medifirst Solutions Inc, the License Agreement provides for an option to license other fields of use of the infrared laser in the TTM Series, as well as other wavelengths and colors, allowing it to develop a range of product offerings. The Time Machine Infrared Laser 810/830-nanometer operates in continuous wave mode set at a fixed frequency.
In a press release, Medifirst Solutions Inc shared that its President and Medical Director will be presenting its FDA cleared laser technology at a medical conference on January 27th in Casablanca and on February 1st in Dubai. The former will host about 100 physicians who will be specifically attending to see a presentation and demonstration of the Infrared Time Machine Laser.
The company also shared that medical distributors in both Morocco and Dubai have inquired about its time frame and capacity to produce and ship large bulk orders. Because of that, Medifirst Solutions Inc has decided to ramp up production in anticipation of bulk purchase orders. Its representatives will also be meeting with representatives of the Moroccan Ministry of Health who have the authority to purchase medical devices for all the hospitals in the country. Apart from that, Medifirst Solutions Inc has plans to set up a distribution hub in Morocco that would expedite future orders in that region.
After we complete our demonstration and presentation, we anticipate finalizing the initial sales and fulfillment process. This is just the beginning of what we hope is a long term business relationship in the region,” remarked Medifirst Solutions Inc President Bruce Schoengood.
In Dubai, company representatives will also be meeting representatives of a Saudi Arabia based medical distributor that has requested exclusive rights for four countries in the region.
We are excited to have the opportunity to meet distributors who have the buying power for bulk orders of our Laser. Medifirst will also be meeting with several Dubai based medical distributors who have requested to meet the Medifirst management regarding sales and distribution for the Time Machine Lasers,” added Schoengood.
Looking at the stock’s long-term chart, though, shows that it has yet to pull up from its dive. It’s worth noting that investor interest has been climbing as volume has been increasing since December last year and has spiked early this year. Further bullish momentum could allow the stock to climb up to the next area of interest around $0.005.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Stonemor Partners Lp. (NYSE:STON) Just Found Some Institutional Interest
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Stonemor Partners Lp. (NYSE:STON) reported that Hellman Robert B Jr has picked up 2,285,820 of common stock as of 2017-01-17.
The acquisition brings the aggregate amount owned by Hellman Robert B Jr to a total of 2,285,820 representing a 6.00% stake in the company.
For those not familiar with the company, StoneMor Partners L.P. owns and operates cemeteries and funeral homes. The Company operates through two segments: Cemetery Operations and Funeral Homes. Its Cemetery Operations segment sells interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. Its Funeral Homes segment offers a range of services, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services, and transportation services. It sells cemetery products and services both at the time of death, which it refers to as at-need, and prior to the time of death, which it refers to as pre-need. It operates approximately 310 cemeteries in over 30 states and Puerto Rico, and approximately 100 funeral homes in over 20 states and Puerto Rico.
A glance at Stonemor Partners Lp. (NYSE:STON)’s key stats reveals a current market capitalization of 375.25 million based on 35.50 million shares outstanding and a price at last close of $10.53 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-01-03, Hellman picked up 1,109 at a purchase price of $8.95. This brings their total holding to 23,611 as of the date of the filing.
On the sell side, the most recent transaction saw Miller unload 3,260 shares at a sale price of $8.95. This brings their total holding to 138,743.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Stonemor Partners Lp. (NYSE:STON) as things move forward to see if its progress aligns with these transactions.
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Wayne Savings Bancshares Inc. (NASDAQ:WAYN) Is Attracting Smart Money
We looked at Wayne last week, when the company picked up a decent chunk of institutional capital. Well, the company has hit the tape again, and is attracting yet more smart money interest. Here’s what the latest filing says about the transaction, and what it means for the company going forward.
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Wayne Savings Bancshares Inc. (NASDAQ:WAYN) reported that Stilwell Joseph has picked up 269,853 of common stock as of 2017-01-17.
The acquisition brings the aggregate amount owned by Stilwell Joseph to a total of 269,853 representing a 9.7% stake in the company.
For those not familiar with the company, Wayne Savings Bancshares, Inc. is the unitary thrift holding company for Wayne Savings Community Bank (the Bank). The Bank is a community-oriented institution, which offers a range of consumer and business financial services. The Bank’s primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties, where it operates over 10 offices. The Bank’s principal business activities consist of originating one- to four-family residential real estate loans, multi-family residential, commercial and non-residential real estate loans. The Bank also originates non-real estate, secured commercial loans, consumer loans and construction loans.
A glance at Wayne Savings Bancshares Inc. (NASDAQ:WAYN)’s key stats reveals a current market capitalization of 47.29 million based on 2.78 million shares outstanding and a price at last close of $17.00 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-12-21, Marthey picked up 25 at a purchase price of $12.86. This brings their total holding to 5,500 as of the date of the filing.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Wayne Savings Bancshares Inc. (NASDAQ:WAYN) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up Solar Senior Capital Ltd. (NASDAQ:SUNS) Shares
Loan investment is risky, as the end of the last decade showed us. There are some entities that thrive in the space, however, and Solar Senior is one such entity.
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Solar Senior Capital Ltd. (NASDAQ:SUNS) reported that Silver Jack has picked up 651,373 of common stock as of 2017-01-17.
The acquisition brings the aggregate amount owned by Silver Jack to a total of 651,373 representing a 4.1% stake in the company.
For those not familiar with the company, Solar Senior Capital Ltd. (SUNS) is a management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. It invests in senior loans, including first lien and second lien debt instruments. It also invests in debt of public companies that are thinly traded. It invests in senior loans made to private, leveraged middle-market companies with approximately $20 million to $100 million of earnings before income taxes, depreciation and amortization. Its investment portfolio totals approximately $306.5 million and its net asset value is over $188.3 million. It invests in various industries, such as healthcare facilities, healthcare services, automobiles, healthcare technology, hotels, restaurants and leisure, building products, industrial conglomerates and chemicals. Its portfolio consists of debt and equity investments in over 45 portfolio companies. SUNS is managed by Solar Capital Partners, LLC.
A glance at Solar Senior Capital Ltd. (NASDAQ:SUNS)’s key stats reveals a current market capitalization of 269.06 million based on 16.03 million shares outstanding and a price at last close of $16.82 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-05-11, Hochberg picked up 12,500 at a purchase price of $15.49. This brings their total holding to 20,000 as of the date of the filing.
On the sell side, the most recent transaction saw Rs unload 7,602 shares at a sale price of $14.88. This brings their total holding to 123,722.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Solar Senior Capital Ltd. (NASDAQ:SUNS) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up Comstock Resources Inc. (NYSE:CRK) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Comstock Resources Inc. (NYSE:CRK) reported that Westcott Carl H has picked up 1,141,800 of common stock as of 2017-01-17.
The acquisition brings the aggregate amount owned by Westcott Carl H to a total of 1,141,800 representing a 8.49% stake in the company.
For those not familiar with the company, Comstock Resources, Inc. is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company’s properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company’s Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.
A glance at Comstock Resources Inc. (NYSE:CRK)’s key stats reveals a current market capitalization of 136.58 million based on 13.46 million shares outstanding and a price at last close of $10.12 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-11-15, Martin picked up 5,500 at a purchase price of $8.95. This brings their total holding to 34,524 as of the date of the filing.
On the sell side, the most recent transaction saw Allison unload 8,000 shares at a sale price of $10.12. This brings their total holding to 393,919.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Comstock Resources Inc. (NYSE:CRK) as things move forward to see if its progress aligns with these transactions.
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