Medical Care Technologies Inc. (OTC: MDCE), which is also known as Infinite Auctions, may be one of the companies worth watching this morning owing to the latest developments. On Thursday, the company had been in the news cycle after it made an announcement with regards to the latest moves that it was making.
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The company announced yesterday that it was making daring moves into the collectibles market, which was worth as much as $33 billion. Yesterday, the company also announced that it had been involved in a number of active negotiations with several professional sports teams. The talks had been focused on both exclusive and non-exclusive memorabilia deals. Last but not least, Medical Care Technologies was also working on possible partnerships with the non-profit foundations of the sports teams since such partnerships continued to be highly profitable for the company’s business.
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The company also announced that it was also going to host an exclusive autograph auction for unique custom signed helmets from players like Tom Brady, Jalen Hurts, and Patrick Mahomes. The auction in question would begin on March 1, and it remains to be seen if the latest announcement leads to any excitement among investors.
