MDCE CEO Expands Open-Market Position to 66,199,283 Shares

Continued CEO Investment Signals Alignment with Shareholders and Confidence in Long-Term Corporate Strategy

Published on Feb. 28, 2026

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Medical Care Technologies Inc. (OTC:MDCE) announced that its CEO, Marshall Perkins, purchased 16,199,283 shares of MDCE common stock on the open market at $0.0002 per share. This brings Perkins' total ownership to 66,199,283 shares, all of which were purchased using his personal funds. Previously, Perkins had voluntarily returned nearly 2 billion shares to the company's treasury to combat dilution and preserve the outstanding share count.

Why it matters

The CEO's continued open-market purchases of MDCE stock signals his alignment with shareholders and confidence in the company's long-term strategy. The previous action of returning nearly 2 billion shares to treasury also demonstrates Perkins' focus on responsible capital structure management and transparency with investors.

The details

Perkins acquired the 16,199,283 shares in a series of open-market transactions last week using his personal funds. No new shares were issued by the company, and the purchase does not constitute a corporate action. As of the announcement, MDCE's outstanding share count remains unchanged at 3,392,275,230 shares.

  • On February 20, 2026, MDCE announced Perkins' open-market purchase of 16,199,283 shares.
  • Previously, Perkins had voluntarily returned nearly 2 billion shares to the company's treasury.

The players

Marshall Perkins

The Chief Executive Officer of Medical Care Technologies Inc. (MDCE).

Medical Care Technologies Inc.

A development-stage technology company focused on integrating artificial intelligence into consumer-facing lifestyle applications and medical pre-screening platforms.

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What they’re saying

“Over the past year, I have taken deliberate steps to protect shareholder structure. Returning nearly two billion matured shares to treasury was a decision made to prevent a dramatic change to the outstanding share count. Today, I am continuing to invest personal capital directly into the open market. My focus remains on disciplined execution, transparency, and building long-term value across our AI lifestyle and medical technology initiatives.”

— Marshall Perkins, Chief Executive Officer (biospace.com)

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