"WALL STREET CORNER" BY WALLSTREETCORNER.COM, INC. www.WallStreetCorner.com Corporate Profile CytoCore, Inc. Over $40 million is Invested in its Technology New investment $ makes Turn-Around Virtually Complete Uterine Cancer Screen Product Unique, Huge Market Essentials Business: Exchange: Symbol: Price (Close 5/1/2006): 52-Week Range: Average Volume (3 Mos.): Market Cap (@ 5/1//2006): Shares Authorized: Approx. Shares Issued (fully diluted): Approx. Float: Bio-molecular Cancer Screening OTC BB MCDG $0.21 $0.02 - $0.23 562,914 $54.6 million 300 million 260 million 180 million shares Approx. Float (active): 40-50 million shares Our Comment Larry Oakley has been covering the progress of CytoCore (MCDG), formerly Molecular Diagnostics, Inc., in editorials since July 2003. At the time of his 10/10/2005 editorial, MCDG was trading at $0.081. Its present price of $0.21 represents a gain of 159% in the last seven months. That's just the beginning of its move in our opinion. Larry's interest was sparked because of the quality of MCDG's technology in cervical and endometrial cancer detection. Fascinating & useful science. Unfortunately, as often happens with early-stage companies, the founder who has the vision & persistence to assemble a portfolio of quality technology is not the right person to successfully move the company forward. This is what happened at MCDG. The Company began its turn around efforts in earnest in August of 2005 when a group of long term investors stepped in to manage the company, and has now virtually completed a very successful restructuring and turn-around. What CytoCore Does CytoCore develops cost-effective cancer screening system for all forms of Uterine Cancer. They can be utilized in a laboratory or at the point-of-care. They assist in the early detection of cervical and endometrial cancers. The InPath™ System is being developed to provide medical practitioners with a highly accurate, cervical and endometrial cancer screening system with unique treatment options that can be integrated into existing medical models or at the point-of-care. CytoCore's Unique Position CytoCore is in a unique position to revolutionize women’s reproductive healthcare, specifically cervical & uterine cancer screening & diagnostics, on a global scale through its revolutionary InPath™ System. Based upon a revolutionary new bio-marker (P2X7) which is proving to be highly accurate in identifying all forms of Uterine cancers and the application of proteomic (Protein) detection technology, the InPath™ System is designed to detect, at the earliest possible stage, cancer & cancer-related diseases of the cervix & uterus. The System is designed so that when fully developed, the exam & the test result could be produced for the physician at the Point of Service within 15-30 minutes. The System may be used in a laboratory, clinic, or doctor's office. The P2X7 bio-marker is now being (successfully) tested as a cancer screening technology which can identify cancer cells for all forms of epithelial (skin) cancers including skin, lung, and prostrate cancers. CytoCore’s InPath™ System The InPath™ System is the only fully integrated screening, diagnostic, & treatment system for the various forms of cervical & endometrial cancers. It will offer the physician state-ofthe-art bio-molecular screening, diagnostic, & treatment products for coverage for these two cancer risks for women from the beginning of sexual activity through the end of their days. CytoCore’s InPath™ System is faster, less expensive, & more specific in identifying those patients at increased risk of developing a treatable cervical cancer condition than Pap testing in any form, or HPV DNA testing in any form. InPath™ is designed to provide a complete testing system for cervical and uterine cancer on a world-wide basis for those locations where there is no laboratory infrastructure with trained Cyto-technicians. The System is comprised of the following products, each with significant market potential & different timelines to market: The e2 Collector The current market is 180-190 million Pap tests/yr world-wide – 70-80 million units in the U.S. The market is gynecologist/OBGYN’s & their patients. The e2 Collector is clinically proven to provide a better collection of cells more quickly than the traditional spatula/brush combination. The Collector by design produces a more accurate and more comfortable Pap test. The e2 Collector is developed to replace the standard spatula/brush method for collecting cervical cell samples for the Pap test. The e2 Collector was cleared for marketing & sale by the FDA in May 2002. Because of its superior sampling characteristics & the market opportunity for this product, CytoCore intends to bring the e2 Collector to market in the U.S. as the first product in the InPath System. The Collector Prototype has been successfully developed. The manufacturer has been chosen and is about ready to begin the tooling process. It will be ready for manufacturing & sales within five to six months from start of the tooling process. Management expects the product to be ready for manufacturing, sales, & distribution starting in Q4 2006. It should have a 70%+ profit margin. Cash flow breakeven is expected in approximately six months after sales begin. Because of the rapid adoption of HPV testing (DIGE) and the resulting increased awareness in women about the Pap tests importance, adoption of the Collector could be swift. During the summer and early fall of this year, the Company will be developing its marketing, advertising and distribution strategies for the Collector. This should include partnering with one or more company’s with distribution strength to these Doctors. Bio-Molecular ASSAY & AIPS Automated Microscope The new P2X7 Bio-Marker recently licensed from Dr. Gorodeski and UHC will be used to screen cancerous cells of the uterus. It is protected by a newly filed patient. Early tests indicate a great improvement for Pap test accuracy, with the marker upwards of 90%+ accurate vs. 60-70% for today’s Pap test. The P2X7 will also offer a cancer screen for Endometrial Cancers. At this time, there is no test anywhere for Endometrial Cancer -- no competition. The U.S. market is as large as 10 – 15 million tests annually. 25% of the target market represents sales in excess of $100million. Because of there is no screen in the market for Endometrial cancers, the Company plans to bring the P2X7 to market as quickly as possible as a stand along screen. It should be ready for trials by late fall this year. There is a large unfilled need for this screening product. This product is sold to the same market OBGYN Doctors that the e2 Collector addresses. The AIPS unit, now in its 2nd generation development, serves as an automated testing platform for the InPath™ System. It reads Marker treated Assay slides quickly & accurately, identifying abnormal cells for the Cytologist to examine. Product development should be complete this summer of 2006 when early testing with the new Marker will begin. The unit could also serve as an automated testing platform for dozens of bio-markers in need of such a device. It will be ready for partnering by the fall of 2006. An existing contract with LabCorp is in place using the first generation device. The P2X7 Marker when combined with the AIPS automated microscope platform will provide an accurate, fast, cervical cancer screening system that is expected to be ready for marketing in 2008. These two products together are the heart of the InPath System and in combination are designed to provide a semi-automated cervical/uterine cancer screen system for the billion dollar world-wide market opportunity. A new Drug Delivery System will offer a therapeutic treatment option for mild to moderate cervical lesions. Approximately 10% of all Pap tests are deemed abnormal. Abnormal tests are estimated to generate approximately $3BB in expenditures for additional Pap testing and colposcopy surgery. Surgery is the only option at this time, because there is no way to therapeutically treat early stage cervical lesions. CytoCore’s drug delivery system is designed to offer a therapeutic treatment option for the first time. CytoCore’s unique patent pending Drug Delivery System has no competition & a huge market opportunity. It will take 24-36 months to complete the development and trials for the device and the various treatment compounds that will be offered with the patch treatment product. One of the reasons why we like CytoCore’s business model is because all their products will be sold to though the same distribution channel….. to the same OBGYN physicians. Once the sales channels are opened with the e2 Collector, other related new product sales should ramp quickly, and they should compliment each other with the physician. The marketing leverage for CytoCore is substantial. This is one of the reasons that we think the company can ramp up its sales much faster than the typical medical products company. The Turn-Around A group of investors were so committed to seeing this technology come to market that they weathered two changes of management before they finally brought in a team to run the company who were up to the challenge. Last October, MCDG installed Dr. David Weissberg as its CEO. He is a successful surgeon/businessman, raised $10million to start a physician owned HMO (MDNY), & was CEO of the parent company for seven years. He is a major investor in MCDG with over $1,000,000 invested. His investment is something that we really like to see. Since being named CEO, Dr. David Weissberg has increased his holdings in the company by 1,750,000 shares. When he took over, he said: "I truly believe in the company's technology & I look forward to communicating with shareholders about the on-going progress being made." In addition, Robert McCullough Jr, another investor, stepped in as acting CFO and board member. Bob added 600,000 shares to his holdings during the time this new team took over. As part of the new management team, Robert McCullough, Jr. was appointed CFO. His MBA is in finance & he is a CPA. He was an executive at Ernst & Young, & was CFO at two privately owned health care companies. He has been in the investment business for the last 18 years, & is president of Summitcrest Capital Management. He said: "I am pleased to accept the CFO position at this time of transition for Molecular Diagnostics. This next period of time is going to be marked with financial progress as the company enters into the commercialization phase with one or more of its products. New financing will be required, & with the restructuring that has taken place & the gathering of new people & resources, I can make a positive contribution in this area, which will allow Molecular to move development & commercialization forward with all three of its key products. Like the new CEO David Weissberg, I do not intend to take a salary until this restructuring with new financing has been successfully completed & there is a significant improvement in the company's operating results." On 9/22/2005, MCDG formed a Scientific Medical Advisory Board. The first individual to join that Board was Dr. George Gorodeski, MD, Ph.D -- an important step for MCDG. Dr. Gorodeski is a leader in women's reproductive health issues. He is the professor of reproductive biology, professor of oncology, & professor of physiology & biophysics at Case Western Reserve University. He was the lead investigator or co-investigator in over 40 different grant sponsored trials, has had 90 papers published in medical & scientific journals, & has been active with & is the acting president of the North American Menopause Society. He is the co-inventor of MCDG's e2 Collector. At that time, he said: "I was involved in the early years with the development of Molecular Diagnostic technology. I believe this company has a portfolio of world class technology that is essential to addressing women's reproductive health issues. I am very pleased to see the changes that are occurring with Molecular Diagnostics & look forward to actively participating in the successful launch of these technologies. I see this company developing into an organization which can effectively grow new technologies, & anticipate being able to bring new opportunities to Molecular Diagnostics. As the co-inventor of the e2 Collector, I am especially interested in this product, & anticipate getting further collaborative testing done on the collector to demonstrate its superiority, & having a peer review article published." Also at that time, Dr. Weissberg commented: "Dr. Gorodeski's participation on our newly formed Scientific Medical Advisory Board is very exciting to me. Dr. Gorodeski has a long & distinguished history of innovative & productive scientific work addressing women's health issues. He represents the caliber of individuals that we intend to gather in support of Molecular's technology. For Dr. Gorodeski to warmly offer to participate on our Medical Advisory Board speaks volumes about the man & his commitment to the benefits of this technology getting into widespread commercial use. We are looking forward to rebuilding Molecular's close working relationship with Case Western Reserve University & their outstanding medical scientific team." On 3/30/2006, CytoCore added to its team. It c. announced that Dr. Steven Waggoner will be joining the Company’s Medical Advisory Board. Dr. Waggoner is Chief, Division of Gynecologic Oncology, at University Hospitals of Cleveland; Vice-Chairman of Clinical Affairs, Department of Obstetrics & Gynecology at MacDonald Women’s Hospital; & Associate Professor at Case Western Reserve University School of Medicine. He has been recognized as one of the best physicians in his field, receiving a variety of “Top Doctor” & “Top Women’s Doctor in America” citations. He is active in clinical research at University Hospitals & the Case Comprehensive Cancer Center. He has extensive experience in the design & conduct of human subject clinical trials, & holds leadership positions in the NCI sponsored Gynecologic Oncology Group & the Society of Gynecologic Oncologists. He serves as a peer reviewer for major publications in the field: Obstetrics & Gynecology, Gynecologic Oncology, Cancer, International Journal of Gynecological Cancer, The Lancet, & Clinical Cancer Research. Dr. Waggoner will assist Dr. Gorodeski & the Company’s research teams in the development, activation, conduct, & analysis of clinical trials designed to test the accuracy & practicality for the CVX/GCI Assay, the Endometrial Cancer Screen, & the Drug Delivery Device. CEO Dr. David Weissberg stated: “We are very pleased to have Dr. Waggoner join our Medical Advisory Board. His distinguished medical career has been dedicated to addressing Gynecological Cancers. He has demonstrated consistent leadership in searching for new ways to address & stop this specific women’s reproductive cancer. We believe Dr. Waggoner will be able to make a substantial contribution in defining & focusing the development & clinical trials for our bio-markers.” Dr. George Gorodeski commented: “I am pleased with Dr. Waggoner joining the Medical Advisory Board. Dr. Waggoner is now recognized as a leading expert in the filed of GYN-ONC, & has demonstrated broad vision towards enhancing research & its application in fields that CytoCore is developing. Undoubtedly through his assistance CytoCore will be able to better focus its plans to meet the goals of developing cutting-edge biotechnology for early detection & prevention of gynecological dysplasia & malignancies.” Summary In a news release dated 4/17/2006, CytoCore's CEO, Dr. David Weissberg stated: "I am truly pleased to be able to report that we have been able to build off our year-end results to increase our real momentum. We've been very successful in clearing up the liabilities & putting the company on sound financial footing, we changed the company name to better reflect the complete nature of the work being performed, & we settled an outstanding patent suit. The continued positive progress made in the financial turn-around for the company in four months at the end of 2005 paved the way during the first quarter of 2006 for the signing of a new strategic relationship with University Hospitals of Cleveland & Dr. Gorodeski, & the licensing of the two new products that enhance the InPath System. The power, impact, & opportunity this new relationship & these new products represent for the company & the InPath System can hardly be overstated. "The Company formed a new research relationship with UHC & Dr. Gorodeski. With Dr. Gorodeski's guidance, we will shortly begin the research efforts on our new products at UHC's Clinical Research facility. Through a technology transfer agreement with UHC & Dr. Gorodeski, the company licensed two new products: "The first is a distinctive new cancer bio-marker, P2X7 that expands the InPath System providing improved screening capability for both Cervical & Uterine cancers. The company is going to pursue early development of this new bio-marker as a uterine cancer screen, which it believes can be brought to market quickly - within 12 months. The opportunity is very large, as there is no cancer screen available at this time for uterine cancer. "The second product is a unique new Drug Delivery System that will offer the physician for the first time the ability to therapeutically treat cervical lesions. The cost of treatment for the 10%positive or questionable Pap tests & the attendant cervical lesions is estimated at $3 billion/year with only one option at this time - surgery. The opportunity for this product is significant indeed. "We continue to expand our scientific capabilities by adding a gifted gynecologic cancer researcher in Dr. Steven Waggoner to our Medical Advisory Board. "The Company last week secured a major new round of institutional equity financing which allows us to rapidly deploy a number of important development projects. "The prototype for the e2 Collector has been successfully developed & tested, making this product ready for manufacturing. The Collector will shortly be put into the final premanufacturing engineering phase - tooling. Early production runs will begin in 5-6 months. "We expect to begin confirmation lab testing of the new bio-marker as an Endometrial Cancer Screen, prior to an FDA trial. This cancer screen can be offered to the market without the necessity of the AIPS system, which means sooner. At a later date, the AIPS can be brought along as a Phase II enhancement to the Screen test. "Tests will begin this quarter on the CVX Cocktail with the new marker combination. The AIPS development program is moving forward toward late summer completion with early testing expected by end of Q2. At that point, the process of customizing the AIPS to fit the CVX cocktail with the new bio-marker will begin. "This is a very exciting time for this company. In a short period of time & with limited resources, we have truly turned the company around. Now with the expanded product opportunities & the financial resources, we expect to again increase the momentum & pace of development. "As we look toward the coming year, it is fair to say that we could not be better positioned. With the major advertising dollars currently being spent to focus attention on the importance of the HPV screening test & the major ad dollars that soon will be spent by Merck in support of their new HPV vaccine, we expect these campaigns will bring lots & lots of investor attention & interest to companies in our sector. CytoCore's InPath System is so far advanced from the competition, & offers such significant improvement to each phase of the Pap test with component products so close to the market, we believe we will begin to attract the deserved attention of the investment community at large. I am personally very excited about our prospects for the next year & look forward to reporting our progress to you." A CytoCore Advantage With healthcare costs spiraling higher and higher, a shift is occurring nationally in the thinking about the application of technology in healthcare. Many studies have shown that 7080% of a person’s entire healthcare expenditures over their whole life occur in the last four to six months of life. As a result, more & more attention is being given to preventative medicine. It is far better to catch the disease condition early before it gets out of hand & becomes a killer disease. As part of this shift in emphasis, the FDA recently announced that 60% of its approvals in the coming period would be for “diagnostic related products.” These bio-molecular screening, diagnostic, & treatment products are being developed to catch disease states early so they can be dealt with before they become life threatening where healthcare costs skyrocket. CytoCore products are being designed to extend the reach of these screening & diagnostic products into overseas markets (China, India, ASEAN, Latin America, Africa, & the Middle East) where they do not have adequate laboratory infrastructures to accommodate such stateof-the-art testing. Financial Status On 4/17/2006, CytoCore announced its 2005 year-end financial results. The company continues to increase its positive financial momentum with significant improvement in operating results along with the recent announcement of new equity capital to provide for the launch & development of new products. CytoCore significantly reduced its operating loss before interest & dividends for the 12/2005 quarter & 2005 fiscal year. The loss for the 12/2005 quarter was $68,000, a 92% reduction from the $924 thousand loss for the 12/2004 quarter. The 2005 fiscal year loss before interest was $1.15 million, a 75% reduction from the $4.724 million loss for fiscal year 2004. Overall, the Company reports a net loss of $4.346 million or ($0.04) per share for 2005, a 70% reduction from the $14.601 million & ($0.19) per share loss for 2004. Of the 2005 loss, 60% or $2.673 million is for the non-cash expense of the unamortized note discount incurred with the conversion of notes to equity. As further evidence of the effectiveness of the turnaround, new management has reduced the operating loss before interest & preferred dividends by 99% to $20,000 cumulative for the 3rd & 4th quarters of 2005, compared to an operating loss before interest & preferred dividends of $1.130 million for the first six months of 2005, & $4.724 million for 3rd & 4th quarters 2004. Through 2006, the company will continue to reduce debt by converting note holders to equity & settling with vendors on reduced terms. The full impact of discounts from settlements negotiated in 2005 will not be realized until the settlements are fully paid. As previously announced, the new equity capital obtained from institutional investors will provide for the launch of the E2 Collector; development & commencement of patient trials for the cervical & endometrial cancer markers, & the cervical drug delivery device. According to CFO Robert F. McCullough Jr., "Most of the accrued liabilities & accounts payable should be settled in 2006 at amounts well below the amounts currently carried in the financial statements. We also look forward to strengthening the capital structure by converting much of the remaining notes & preferred stock to equity during Q2 2006. By significantly reducing the operating loss, we expect that most of the company's resources in the foreseeable future will be focused to move the company forward; enhancing shareholder value through multiple product development programs, & product sales for the Collector, AIPS & Endometrial Cancer Screen." Recent News 5/1/2006 -- CytoCore announced that the first paper on the workings of the P2X7 BioMarker submitted by Dr. George Gorodeski, the inventor, was accepted for publication by the Journal of Biological Chemistry. The full paper can be found at www.jbc.org/cgi/reprint/M602999200v1 Dr. Gorodeski is in the process of submitting another paper on the clinical implications of this Bio-Marker. CytoCore has an unrestricted license to the P2X7 marker which the Company licensed this past February from University Hospitals Cleveland & Dr. Gorodeski. 4/27/2006 -- CytoCore announced the engagement of Dr. Jorge A. Leon, Ph.D., as a member of the Medical Advisory Board & his company, Leomics Associates, as consultants to CytoCore. Dr. Leon has a Ph.D. in Cellular & Molecular Biology. He was one of the founders of the Molecular Diagnostic and Applied Genomics business at Quest Diagnostics where, as their VP of applied genomics, he helped build & drove the strategy for Quest Diagnostics' Molecular Diagnostics business, now the largest in the country. Dr Leon is recognized internationally within the investment & scientific communities as an industry leader for molecular diagnostics. Presently he is founder & President of Leomics Associates, Inc., a consulting company that develops diagnostic strategies for companies that want to enter the diagnostics space. He has over 20 years of experience in evaluating, developing, & commercializing new technologies & scientific innovations into successful diagnostic products. He is the holder of several patents, has been published extensively, & serves on the Boards of various leading edge technology companies. Dr. Weissberg said: “We are delighted in this new relationship with Dr. Jorge Leon & Leomics. Dr. Leon brings a depth of real world business experience & credibility in the commercialization of new diagnostic products. Dr. Leon’s experience, business background & contacts should help inform & guide CytoCore’s strategic decisions & the current plans for each of CCI’s products. With the e2 Collector ready for pre-manufacturing tooling, Dr. Leon will be able to assist us in meeting appropriate distribution partners to bring the Collector to the widest audience of users. Given Dr. Leon’s extensive experience & perspective in the Biomolecular & Diagnostic sectors, we anticipate his support & guidance with the introduction of the P2X7 biomarker to the cervical & endometrial cancer screening marketplace. Dr. Leon is familiar with CytoCore’s technology portfolio, and he is ready to help bring these valuable & lifesaving products to the marketplace.” Dr. Leon commented, "I am very excited with the opportunity to participate on CytoCore's Medical Advisory Board. I've been watching this technology for some time. The science from Dr. Gorodeski’s lab is scientifically sound, published in first tier peer reviewed journals, & has great potential in unmet applications in diagnostics & drug delivery. I am especially excited about the application of CytoCore’s technology platform & biomarkers in developing countries where the conventional, more expensive diagnostic methods for cervical cancer & other cancers are not fully implemented or effective. If the P2X7 marker proves itself with further testing to be consistently accurate with the initial lab tests, this marker will be a major advancement in screening for cervical & endometrial cancer. I am looking forward to contributing to the development & commercialization of CytoCore's unique mix of life saving medical technologies." New Funding On 4/11/2006, CytoCore announced it had secured in excess of $1 million in new equity financing from institutional sources through the issuance of common stock at current market prices. The funding will be used to immediately implement key aspects of its product development plans. "With this new funding CytoCore will be putting a number of key programs into motion," said CEO David Weissberg. "They include hiring key personal for our research laboratory with Dr. Gorodeski & our product development laboratory with the AIPS project in Chicago, putting the e2 Collector into manufacturing development, & bringing together resources & people to develop the strategic distribution strategy for the Collector. We expect to have a string of positive developments to announce over the coming months." A representative for one of the institutional investors stated: "I have been following this company for a number of years. The progress made under the current management team with the turn-around is very positive. I believe the company is substantially undervalued even when valuing only its near term commercial opportunity with the e2-collector. Considering the longerterm commercial opportunity, with the bio-markers & the automated microscope, the current market valuation could in hind-sight prove to be irrationally low, bearing in mind that more than $40 million has been invested in the company to date to bring MCDG's technologies to the market." Financing & Projections On April 11, 2006 the Company announced it secured in excess of $1 million in new financing. That is a major milestone toward profitability. From a Company business plan document (March 2006), the current round of capital investment will be used to: - complete the financial restructuring; - it will bring the e2 Collector into production, marketing and sales; - it will forward the development & engineering on the P2X7 bio-marker as an Endometrial Cancer Screening test prior to entering trials. - it will move the AIPS development project toward completion; - it will move the development & integration of the CVX/GCI Cocktail with the AIPS Platform ready for clinical Trials, - it will begin the development of the prototype handle and patch for the Drug Delivery System, & set up the parameters for the trials. The following projections are from the same document. As these numbers suggest, if the Company is successful in getting to cash flow break even during 2007, the revenue, earnings, & stock appreciation potential becomes very significant over the next two to four years. Our Opinion MCDG has a world-class technology & scientific team. It has put a first-class management team in place. Its exciting turn-around is virtually complete. We suggest that you do your due diligence on this one -- we predict that you will be impressed with what is happening & with its appreciation opportunity. It is our opinion that this emerging situation has a 90%+ probability of success. It is certainly suitable for investors who accept high risk situations, but in our opinion it is also suitable for those who like the potential but want to invest in moderate risk situations. We like the fact that the company is now adequately funded. These funds should provide the flexibility to get each of the key projects well along prior to the necessity of having another financing. Because of the approximately $40million in prior investments, CytoCore requires minimal current investment to bring its initial products to market & achieve a cash flow break even. Equally important is the probability that if another financing is needed in the future, the funding probably will be brought in at a higher price per share with the attendant reduction in dilution. We are rather enthusiastic about the future of this company & definitely like its prospects over the next 24 to 36 months. We believe it could comfortably produce a 10x multiple on the current price over that time period. The upside is substantial enough here to recommend that if you like the company’s prospects, you consider building a position in this price area, & then as more of the essential developmental milestones are achieved along the way toward cash flow break even, add to your position, averaging up. In this manner, you can put more funds at work as the risk of success grows stronger. Check www.MolecularDx.com. Contact CytoCore is located at 414 North Orleans Street, Suite 502, Chicago, IL 60610. Phone: 312222-9550 -- Fax: 312-222-9580 -- www.molecular-dx.com -- Call Gene Martineau at 212-3481852 -- ebm@interport.net Disclaimer/Disclosure: The public companies covered by Corporate Profiles in the "Special Situation" section of www.WallStreetCorner.com normally pay an Annual fee of US$9,500 cash for such coverage. In the case of MCDG, we agreed to permit the company to retain us for a six-month period. The company paid us $3,000 cash & has agreed to send us $3,000 worth of their restricted shares at the bid price at 3/30/2006. Information displayed by WallStreetCorner does not constitute an offer to buy, sell, or trade a security of any kind, including stock. Neither Larry Oakley, Rosanne Oakley, nor WallStreetCorner.com, Inc. recommend that any person, institution, or other entity make any decisions or form any opinions, etc. based on the information on this site. 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