Modular Medical Inc (MODD) 銘柄情報

No doubt as this will go on a run.  Let's please keep each other informed on our dd for this name as time passes.  Thanks and have a great weekend!

Good move. Keep an eye on it. They said LAUNCH was to be early 2025.
I consider early to be 1st quarter. Hopefully LAUNCH by end of March.
See what they say in the Annual Meeting tomorrow.

JMO GLTY

$MODD

I had to bail around $1.20 as the pain got too much.  Company is for sure undervalued 

Whoa, she fell below .90, Tiger Money. Still adding. Annual Meeting tomorrow.
Surprised it's sold off this much on such low volume...but happily adding.
GLTY (us)



Sell off on very low volume. OS is approximately 41 million.



$MODD

Great information!  Thank you brother!  I'm long and strong and waiting for that pop!  It will go parabolic seven volume finally comes in on "our" 12.50 day!  Good luck!

Scooping up these sub 1.30s. See article below...

Launch (already FDA cleared) in the US is "early 2025"...that means soon to me. Fine. Still accumulating. CE mark for EU in 2026.

👉️ https://www.drugdeliverybusiness.com/modular-medical-step-forward-ce-mark/

Current Price 1.25. 10 bagger in a year. 12.50. Probably faster. JMO

$MODD

Any new thoughts here?  Thanks 

Thank you so much!

Yes I do, Tiger Money 😺

I would buy as much as I could of this the only restraint being the unpredictability of the USCOG (US communist occupation government) leading up to the 2024 election and shortly thereafter...February 2025...

In "normal times" load the boat here, JMO

👉️ https://ir.modular-medical.com/data/files/ModularMedical-InvestorPresentation-September-10-2024.pdf

$MODD @ 2.37

Hey bud. Do you have the full presentation by any chance to the snippet you provided? Thanks!

Issued a patent for their pump technology, in the news today.

Nice one long term

Please share. Thanks

Just read today's news, hope you didn't sell. I've got a long term outlook for this little gem. 🍷

Awesome stuff and thank you! I will try to review this weekend. I think it is very safe to say we are very undervalued here…. Thanks again!

MODD 💢 Business Model Any idea what their revenue would look like? Thanks Yes. I was just putting that together... 😉 ...here it is:

$148M @ 1% of the Target Maket. 1%. $148M in recurring revenue.
75% Gross Profit (revenues minus COGS, cost of goods sold) = $148M x .75 (excellent gross profit margin) = $111M Gross Profit
@ 2%, double the projections:
$296M revenues x .75 = $222M.
20% Operating Profits = $222M / 5 (20%) = $44M
Subtract $14M for taxes, interest, compensation, professional fees, etc... = $30M Net Income (estimate)

$30M Net Income / 33M OS = 0.91 EPS
PE ratio @ 10 = $9.1 pps (price per share)
PE ratio @ 20 = $18.2 pps
PE ratio @ 30 = $27.3 pps!

Check my numbers, I've got to run out for a while. I have some more compelling "info." 😺 I will play this (in & out) a long time.

I think that $59M in the graphic below should be $44M, I'll re-do it...damnit, gotta go.



$MODD

Any idea what their revenue would look like? Thanks

MODD 👉️ FINS

Poised to Launch, early 2025, potential is awesome. JMO

Burn rate (net loss) is $4 million per quarter (last Q). MODD will likely need to raise capital.
The earlier the commercialization in "early 2025" the better.
Little DEBT, Assets $10M, Liabilities $2M, Stockholders' Equity $8M. Poised for potential. 😺

$MODD



$MODD

DISRUPTIVE 💢 TECHNOLOGY Coming Soon

👉️ "Commercial availability expected in early 2025"



$MODD

💢 NASDAQ: MODD 💢



👉️ https://www.modular-medical.com/modd1

$MODD

Very nice. What she say?

A Physician Assistant told me about this company. 🍷

My eyes 👀 are wide open, shhhhh my lips are sealed until after I buy tomorrow.

Don’t blink

MODD under $2

MODD is setting up tp push hard!

Has potential,not optionable,partner is private co

$79K bid !!!

Nice, just keep going .
$MODD

Very thin !

Very interesting

https://www.accesswire.com/690229/modular-medical-appoints-james-jeb-besser-as-chief-executive-officer

https://fintel.io/n/us/modd/manchester-management-co?utm_source=Twitter&utm_medium=Social&utm_campaign=insider

All this pinksheet coming on Nasdaq turing out to be junk?? Imo

Crazy crash. What next?

what is the float Is this a low floater TY

Oh this came from pinksheet world, another garbage Nasdaq open doors for imo??

Modular Medical Inc (NASDAQ: MODD) rose 321% to $15.64 in pre-market trading. Modular Medical, on Thursday, reported pricing of $15 million public offering and uplisting to the Nasdaq Capital Market

Noice, all in on this one, run up to $10 soon ATV’s and bob pumps all the way!

Snowmobile rentals & insulin pumps > "The Company's initial operations consist of renting snowmobiles and all-terrain vehicles (ATVs). The Company provides solution to a group of almost-pumpers who are interested in using an insulin pump, and people who are already using insulin pumps."

MODD is odd, $4.19 to $17.50 to $5.25 all in about 2 hours

$MODD: On watch today.......... could go like $AREB did






GO $MODD

MODD moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Uplift today

MODD: effective Nov. 29,2021 a one for 3 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

As of the date hereof, Manchester Management may be deemed to be the beneficial owner of 5,858,384 shares of Common Stock, constituting 32.44% of the issued and outstanding shares, based upon 18,057,957 shares of Common Stock outstanding as of the date hereof. Manchester Management has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 5,858,384 shares of Common Stock. Manchester Management has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 5,858,384 shares of Common Stock.

As of the date hereof, Manchester Explorer may be deemed to be the beneficial owner of 5,016,566shares of Common Stock, constituting 27.28% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Manchester Explorer has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 5,016,566shares of Common Stock. Manchester Explorer has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 5,016,566shares of Common Stock. Manchester Explorer directly owns 5,016,566 of Common Stock.

As of the date hereof, JEBP may be deemed to be the beneficial owner of 841,818shares of Common Stock, constituting 4.66% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. JEBP has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 841,818shares of Common Stock. JEBP has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 841,818shares of Common Stock. JEBP directly owns 841,818shares of Common Stock.

As of the date hereof, Mr. Besser may be deemed to be the beneficial owner of 6,128,103 shares of Common Stock, constituting 33.94% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Mr. Besser has the sole power to vote or direct the vote of 269,719 shares of Common Stock and the shared power to vote or direct the vote of 6,128,shares of Common Stock. Mr. Besser has the sole power to dispose or direct the disposition of 269,719 shares of Common Stock and the shared power to dispose or direct the disposition of 6,128,103 shares of Common Stock. Mr. Besser directly owns 269,719shares of Common Stock.

As of the date hereof, Mr. Frank may be deemed to be the beneficial owner of 6,039,214 shares of Common Stock, constituting 33.44% of the issued and outstanding shares, based upon 18,057,957shares of Common Stock outstanding as of the date hereof. Mr. Frank has the sole power to vote or direct the vote of 180,830 shares of Common Stock and the shared power to vote or direct the vote of 6,039,214 shares of Common Stock. Mr. Frank has the sole power to dispose or direct the disposition of 180,830shares of Common Stock and the shared power to dispose or direct the disposition of 6,039,214 shares of Common Stock. Mr. Frank directly owns 180,830 shares of Common Stock.

Each of the Reporting Persons disclaims beneficial ownership of the reported securities except (i) for the shares of Common Stock directly owned by such person and (ii) to the extent of their pecuniary interest therein

On November 20, the Reporting Persons acquired 720,001 shares in a private transaction at a price of $2.25 per share. There were no other transaction in the securities of the Issuer in the past 60 days.

The dollar bid puts MODD Market cap at 17 mil.

They have 7.1 million liquid

As of December 31, 2018, we had total current assets of $7,159,698 of which $7,137,876 were cash and cash equivalents, and current liabilities of $62,932. As of March 31, 2018, we had total current assets of $4,313,480 and current liabilities of $15,471. As of December 31, 2018 and March 31, 2018, we had working capital of approximately of $7,096,766 and $4,298,009, respectively.

Net Cash Used In Operating Activities :
We used $1,106,941 of cash to fund operating activities during nine month ended December 31, 2018, compared to $544,837 in 2017. Increased cash usage in 2018 was driven by greater operating losses deriving from development. We reported net losses of $1,532,545 and $477,863 for the nine months ended December 31, 2018 and 2017, respectively.

Net Cash Provided By Investing Activities :
We used $55,058 and $13,262 of cash to purchase equipment and intangible assets during the nine month ended December 31, 2018 and 2017, respectively.

Net Cash Acquired In Financing Activities :
We acquired $4,003,199 of cash from financing activities for nine month ended December 31, 2018, compared to $4,676,144 in 2017.

Common stock

On July 24, 2017, pursuant to the Acquisition Agreement, the Company acquired one hundred percent (100%) of the issued and outstanding shares of Quasuras for 7,582,060 shares of the Company, resulting in Quasuras becoming a wholly-owned subsidiary of the Company. The historical equity for Quasuras was restated pursuant to the reorganization.

The Company has 50,000,000 shares of Common Stock authorized. The par value of the shares is $0.001. During the three months ended December 31, 2018, 1,786,432 shares of Common Stock were issued for a private placement at $4,019,478, including legal fees of $35,563. During the three months ended December 31, 2018, 30,000 shares of Common Stock were issued for cash of $19,800. As of December 31, 2018, 17,799,705 shares of Common Stock of the Company were issued and outstanding.

Preferred Stock

The Company has 5,000,000 shares of preferred stock authorized. The par value of the shares is $0.001. As of December 31, 2018, none of the shares of preferred stock of the Company were issued.

Oh ok..

The name change on FINRA