#USA #Mesa #Medical Care Technologies #Infinite Auctions #Steven Hunter

Recent Shareholder Update from Medical Care Technologies Inc.

Medical Care Technologies Inc., operating as Infinite Auctions, provided a comprehensive update about its recent developments and plans for enhancing shareholder value. Part of their strategy includes the generation of funding through a Regulation A offering aimed at boosting the company's valuation while ensuring the long-term growth and stability of their financial structure. The leadership emphasizes their determination to minimize share dilution and prioritize the interests of their shareholders, despite the current challenges reflected in stock prices.

Key Initiatives and Milestones

The update outlined several milestones that illustrate the company's advancements:

1. Initiation of Name/Ticker Change

Medical Care Technologies has begun the application process for a name and ticker change to better reflect its business direction and identity. While delays have been experienced due to previous management's legacy issues, the current team is committed to overcoming these challenges.

2. New Addition to the Leadership Team

A notable highlight is the recruitment of Steven Hunter, a former NBA player and first-round draft pick, who adds valuable industry experience to the team. His presence is anticipated to enhance brand initiatives and growth strategies significantly.

3. Influencer Partnerships

To broaden their reach, Infinite Auctions has collaborated with prominent social media influencers, aiming to tap into new markets and attract potential investors. This marketing initiative is supported by the funding received through the Regulation A offering, potentially escalating their visibility.

4. Historic Acquisitions

The company has proudly announced the acquisition of significant memorabilia, featuring items from NBA legends such as Kobe Bryant and Allen Iverson. This move is oriented towards generating buzz and excitement when these pieces are launched in upcoming auctions.

5. Financial Flexibility from Reg A Funding

The Regulation A funding provides Infinite Auctions with enhanced financial flexibility, allowing for better inventory growth and marketing campaigns, indicative of a strong forward-looking approach.

6. Upcoming Winter Auction Event

The 2025 Winter Auction, showcasing various exclusive items including Michael Jordan’s game-worn shoes, is closing this Saturday at 10 PM EST. This auction is poised to create significant engagement and interest among collectors and investors alike.

Future Strategy and Shareholder Confidence

In the wake of these initiatives, the company has already repurchased over 1.5 billion shares to lighten the dilution impact. To further address shareholder concerns, they are considering:

• - Additional retirements of authorized shares.
• - Halting dilution efforts until all corporate financial commitments are addressed.

The leadership team expresses unwavering commitment to driving the company forward through strategic initiatives and transparent communications. Their articulated vision is a path toward restoring and enhancing investor confidence while fostering company growth.

Conclusion

As they continue to build upon recent accomplishments, Medical Care Technologies Inc. remains focused on satisfying its shareholders' needs while navigating the path of growth and expansion. For those interested in exploring upcoming auctions and exclusive memorabilia, please visit www.infiniteauctions.com.

About the Company

Medical Care Technologies Inc. specializes in high-end sports memorabilia and collectibles through its online auctions. The organization is dedicated to helping sellers connect with bidders who appreciate unique and valuable items, both through public auctions and private sales.

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This release is intended to provide insight into the future of Infinite Auctions and its commitment to shareholders, which promises exciting opportunities ahead.