Point Roberts, WA - March 11, 2013 (Investorideas.com Newswire) Investorideas.com, a leader in sector research for investors, issues a trading alert for medical device company, Medical Alarm Concepts Holding, Inc. ( OTCQB: MDHI.PK ). The stock is trading up at $0.0028, gaining 0.0003 or 12.00% as of 12:24PM EDT on over 467,000 shares.
Last week the Company reported it has received an investment led by strategic partner, JTT-EMS LTD of Shijiazhuang, China. Under the terms of the investment, JTT-EMS purchased restricted common stock, which it plans to hold as a long-term investment. The financing, including additional investments by current shareholders, will total approximately $330,000.
- Published: 10 March 2013
- Written by Investor Ideas