Company profile

A. Michael Salem
Incorporated in
Fiscal year end
Industry (SEC)
Former names
Midwest Holding Inc

MDWT stock data


Investment data

Data from SEC filings
Securities sold
Number of investors


14 May 20
5 Jul 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 24.41M 379.4K 452.14K 1.56M
Net income 21.61M -1.67M -1.62M -831.85K
Diluted EPS 0.02 -0 -0
Net profit margin 88.52% -439% -357% -53.24%
Net change in cash -18.21M 19.35M 14.1M 6.46M
Cash on hand 25.51M 43.72M 24.37M 10.27M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 3.4M 875.81K 2.43M 4.11M
Net income -5.61M -5.07M -2.75M -3.85M
Diluted EPS -0.01 -0.01 -0.12 -0.18
Net profit margin -165% -578% -113% -93.53%
Operating income -2.75M -5.17M
Net change in cash 40.88M 1.88M 289.98K -530.79K
Cash on hand 43.72M 2.83M 951.53K 661.55K

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
24 Apr 20 Goel Sachin Common Stock Buy Aquire P No 0.045 2,222,223 100K 2,222,223
17 Jul 19 Dana Stapleton Options Common Stock Grant Aquire A No 0.05 - 33.33K 50,000
17 Jul 19 Dana Stapleton Options Common Stock Grant Aquire A No 0.05 - 16.67K 16,666

Financial report summary

  • Major public health issues, such as the novel coronavirus COVID-19, could have an adverse impact on our business and results of operations.
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