Categories: News

MDCE / Infinite Auctions SHAREHOLDER UPDATE – Company Milestones, Understanding Funding & Commitment to Shareholder Value

FacebookFacebookTwitterTwitterEmailEmailLinkedInLinkedInWhatsAppWhatsAppMessengerMessengerFlipboardFlipboardGmailGmailTelegramTelegramShareShare

MESA, Ariz., Feb. 6, 2025 /PRNewswire/ — Medical Care Technologies Inc. / Infinite Auctions (OTC PINK: MDCE) Our goal in generating funding through the Regulation A offering has always been clear: to increase the companys valuation and enhance shareholder value. We’ve directed this funding to strengthen marketing, expand our team, boost inventory, and elevate our brand through strategic partnerships with celebrities and professional leagues—all while ensuring the company’s long-term financial stability.

However, we recognize that the pace and timing of shares entering the market is a delicate process that requires closer evaluation. Our intention is to grow the brand without compromising shareholder value or contributing to new 52-week lows. While the current stock price does not reflect our recent accomplishments, we’re proud to highlight key milestones driven by our Reg A funding:

Key Milestones & Accomplishments:

Name/Ticker Change Application Initiated:
We’ve officially started the process. The delay was due to addressing legacy filing issues from previous management, requiring additional due diligence to maximize our success.

– Steven Hunter Joins Infinite Auctions:
Former 1st Round NBA Draft Pick Steven Hunter, with his nine years of NBA experience and regular TV appearances, is now part of our team—a significant step forward for our brand and growth strategy.

– New Influencer Partnerships:
We’ve secured partnerships with top social media influencers, expanding our reach to millions of potential clients and investors, funded through our Regulation A efforts.

Historic Memorabilia Acquisitions:
We’ve acquired six-figure, historically significant items from legends like Kobe Bryant and Allen Iverson, which will create major buzz when introduced to the market.

– Reg A Funding Covering Public Expenses:
This allows us greater financial flexibility to focus on inventory growth, high-value consignment acquisitions, and impactful marketing campaigns.

– 2025 Winter Auction Closing Strong:
Our blockbuster auction—featuring iconic Michael Jordan game-worn shoes and other rare sports and entertainment memorabilia—closes this Saturday at 10 PM EST.

Next Steps to Enhance Shareholder Value:

We’ve already returned over 1.5 billion shares to the treasury to help reduce dilution. However, we believe stronger measures are needed to restore investor confidence. We are considering:

– Retiring additional shares from the authorized count

– Pausing all dilution once company debt, corporate expenses, and salaries are fully accounted for.

We remain committed to creating value for our shareholders through strategic growth, operational excellence, and transparent communication.

Thank you for your continued support. We’re excited about the road ahead and confident in the company’s trajectory.

Visit www.infiniteauctions.com to view our current auction featuring a lineup of historic, game-worn Michael Jordan shoes—iconic, one-of-a-kind items that represent the pinnacle of sports memorabilia.

About Medical Care Technologies Inc. / Infinite Auctions

Medical Care Technologies Inc. / Infinite Auctions is an online auction platform that specializes in high-end sports memorabilia, collectibles, and investment-grade assets. The company’s mission is to assist sellers and offer bidders unique, valuable items through both public auctions and private sales.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated.

Contact Information:
https://www.infiniteauctions.com
https://x.com/sportsauction1 https://instagram/infiniteauctions
info@infiniteauctions.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/mdce–infinite-auctions-shareholder-update—company-milestones-understanding-funding–commitment-to-shareholder-value-302370088.html

SOURCE Medical Care Technologies Inc. / Infinite Auctions LLC (OTC PINK: MDCE)

Staff

Recent Posts

FinThrive Introduces Agentic AI at HFMA 2025 to Help Customers Transform Healthcare Revenue Cycle Management Performance

Company to also highlight advancements in denials and underpayments management and speak to the measurable…

15 hours ago

FinThrive Debuts Denials and Underpayments Analyzer, a Unified Solution for Denials and Underpayments, at HFMA 2025

Next generation analyzer helps hospitals protect revenue before it's lost by delivering timely end-to-end visibility…

15 hours ago

Novo Nordisk A/S: CagriSema 2.4 mg / 2.4 mg demonstrated 22.7% mean weight reduction in adults with overweight or obesity in REDEFINE 1, published in New England Journal of Medicine

Data presented simultaneously at the American Diabetes Association’s® 85th Scientific Sessions, showed mean weight reduction…

18 hours ago

Dr. Anosh Ahmed Advances Chicago Crypto Hub Project as Federal Support for Blockchain Grows

Dr. Anosh Ahmed repurposes West Side warehouse into blockchain innovation center, targeting 250+ jobs and…

18 hours ago

Dr. Anosh Ahmed Advances Chicago Crypto Hub Project Amid National Pro-Crypto Policy Shift

Dr. Anosh Ahmed converts vacant West Side warehouse into blockchain innovation hub, creating 250+ jobs…

18 hours ago

BioAge Labs to Present Preclinical Data on APJ Agonism for Diabetic Obesity and Heart Failure at the American Diabetes Association (ADA) 85th Scientific Sessions

Treatment with apelin receptor agonist enhanced glycemic control and demonstrated cardioprotective effects, with additive benefits…

18 hours ago