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Wall Street Grand Report
Company: Medical International Technology Inc. (OTCBB: MDLH)
Alert PPS: $0.40
MDLH is currently up to $0.51 and starting to catch some momentum this morning! This is your chance to get in BEFORE the real wave comes in later this week! Don’t Miss Out! MDLH just had great news this morning that they are targeting a MULTI-BILLION dollar market with 3 new products!
In today’s news MDLH went over new products for human diabetes, dentistry and poultry applications and their market potentials. Read below:
The International Diabetes Federation states that the diagnosis rate of diabetes has increased over the last two decades from 30 million to 246 million people with a disproportionate ratio coming from the United States, India, and China.
MDLH is targeting this huge market with their newly developed Med-Jet model MIT-P-I within the next 8 to 10 month. "With our successful Chinese joint venture, MIT intends to introduce this new product in China first, thereafter we will have enough production capacity to sell all over the world", said Mr. Karim Menassa. The Med-Jet MIT-P-I is designed to be safe, precise, accurate, effective, easy to use and friendly to the environment.
According to the World Health Organization (WHO) statistics, last updated 26 October 2004, the number of dentists in the world was numbered in the millions. There are 234,104 registered Dentist in the USA, 18,861 in Canada, 50,920 in China and it is estimated that 400,000 will be needed by 2030. Statistics show there is an estimated average of 6 to 10 dentists for every 10,000 people in Europe.
It is estimated that 150,000 U.S. dentists could administer about 120 million doses of local Anaesthetics per year for the gums, for a total market of about $3.5 billion.
MDLH is targeting this lucrative market with their Med-Jet model MIT-H-VI within the next 12 to 16 month. MIT intends to introduce this new product in North America first; other countries will follow shortly after. In the Dental Office, painful needle injections are enough to make even the most rational person skip dental visits. The Med-Jet MIT-H-VI will finally bring an end to traumatic dental visits.
MDLH‘s newly designed Agro-Jet model MIT-XII will help prevent the spread of deadly diseases by providing a needle-free alternative to the vaccination of billions of day-old baby chicks yearly. This high speed vaccinator will be able to inject thousands of birds per hour safely, precisely, accurately, effectively, with ease of use and friendly to the environment.
MDLH is proud to continue providing a safe and effective means to help prevent the spread of deadly diseases to both humans and animals through the use of the Med-Jet(R) and Agro-Jet(R) needle-free injection system.
Also remember, in June of 2009 MDLH entered in a Joint Venture with Chinese partners! Mr. Menassa, CEO of MDLH, recently traveled to China to review operations, meet with key suppliers as well as meet with government officials to secure significant contracts. A more specific announcement is supposed to come out from the Company in the near future which could be the catalyst to considcer getting in now before these potential " significant contracts" from China are announced!
MDLH believes it will grow revenues well past US$ 75 Million annually within the next three years!
MDLH has BIG plans to look forward to in the near future so make sure to watch for a breakout!
More Updates To Come …
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