#United States #Mesa #Michael Jordan #Infinite Auctions #MDCE

Medical Care Technologies Inc. Reduces Outstanding Shares by 33%

Medical Care Technologies Inc., operating under the name Infinite Auctions, has made significant strides in enhancing shareholder value with a reduction of outstanding shares by 33%. The company has announced this reduction, bringing its total from 3,029,575,220 to 2,029,575,220 shares. This strategic decision comes after their previous reduction of 200 million shares back on October 17, 2024. With this latest development, MDCE is committed to maximizing the value delivered to its shareholders.

Significant Impact on Market Capitalization

As of January 7, 2024, the company’s share price stood at $0.0023, giving it a market capitalization of $6,816,544. After the announced share reduction, this market cap has adjusted to approximately $4,668,023, resulting in increased per-share value. This recalibration becomes even more impressive when considering that the company's inventory alone has a market value nearing double its adjusted market cap, a convincing indicator of its solid underlying assets.

Celebrating Jordan's Legacy: Auction of Iconic Sneakers

In addition to its financial maneuvers, Infinite Auctions is also exhilarated to announce a high-profile auction featuring a remarkable collection of Michael Jordan sneakers. The auction provides a rare opportunity for sports enthusiasts and collectors alike to acquire some of the most celebrated pieces of sports memorabilia. Among the items up for bid are the legendary sneakers from Jordan's 1985-86 season and his 64-point game in the 1992-93 season. Furthermore, the auction includes a photo-matched pair of baseball cleats highlighting his unique crossover into baseball.

This exciting auction runs from January 8 to February 8, 2025, and gives collectors a chance to own these significant pieces of sports history, sure to appreciate over time.

The Online Auction Platform

Infinite Auctions specializes in online auctions, focusing on premium sports memorabilia, collectibles, and investment-grade assets. Their mission is to connect sellers with bidders seeking remarkable, valuable items through both public auctions and private sales. With the current auction and the recent share reduction, MDCE is demonstrating its commitment towards ensuring long-term shareholder benefits while providing unforgettable experiences for sports fans.

For more insights into this historic event and to participate in the auction, visit www.infiniteauctions.com.

Disclaimer: This article contains forward-looking statements regarding the company's future performance. Such statements involve uncertainties that may cause actual outcomes to differ significantly from projections.