Medical Care Technologies Inc. (OTC: MDCE) Stock Takes A Hit: What’s The Buzz?

If you are currently looking into innovative companies to track, then it could be a good time to consider keeping track of Medical Care Technologies Inc. (OTC: MDCE), also known as Infinite Auctions. As it happens, the company was in the news cycle on Thursday after it made a key new announcement about its strong inventory.

Inventory Update

The company announced yesterday that it had been successful in building an inventory worth many millions of dollars with game-used memorabilia. The memorabilia in question belong to icons like Michael Jordan, LeBron James, and Kobe Bryant, among others. However, more importantly, Medical Care Technologies had managed to acquire those assets for a fraction of their current value. In the news release, the company also noted that it had been able to accomplish that thanks to the thorough research that it had conducted on the memorabilia market.

Further Information

The company also noted some of the key acquisitions it had made thanks to its research. One of those was a LeBron James game-worn jersey from the final Miami Heat game, which he had initially bought for only $192,000 under the assumption that it had been worn in a losing 2014 final.